SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Software-Defined Security – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 9; Released: January 2022
Executive Pool: 4972
Companies: 13 – Players covered include Check Point Software Technologies Ltd.; Cisco Systems, Inc.; Dell EMC; Fortinet, Inc.; Intel Corporation; Juniper Networks, Inc.; Palo Alto Networks, Inc.; Symantec Corporation; VMware, Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Telecom Service Providers, Cloud Service Providers, Enterprises); Enforcement Point (Application & Mobile Device Security, Virtual Machines (VMs)/Server/Storage Security, Network Security Gateways, Other Enforcement Points)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Software-Defined Security Market to Reach $19.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Software-Defined Security estimated at US$3.8 Billion, is projected to reach a revised size of US$19.2 Billion by 2026, growing at a CAGR of 30.9% over the analysis period. Application & Mobile Device Security, one of the segments analyzed in the report, is projected to record a 31.4% CAGR and reach US$7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Virtual Machines (VMs)/Server/Storage Security segment is readjusted to a revised 28.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.5 Billion in 2021, While China is Forecast to Reach $3.3 Billion by 2026
The Software-Defined Security market in the U.S. is estimated at US$1.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2026 trailing a CAGR of 29.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.6% and 26.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.7% CAGR.
Network Security Gateways Segment to Surpass US$9 Billion by the year 2026
In the global Network Security Gateways segment, USA, Canada, Japan, China and Europe will drive the 32.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion will reach a projected size of US$9.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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