Product Code: CMI4235
Microsegmentation is a security practice that divides network into segments so that businesses can analyze, monitor, visualize, and control the traffic. In other words, microsegmentation is a security segmentation and this process is used by professionals to break a network into smaller networks in order to keep the overall system secure. The security engineers create zones to isolate data centers, applications, and workload across cloud, on-premise, and hybrid networks. Microsegmentation is gaining popularity due to its operational efficiency. Furthermore, major global players across different regions are focusing on developing new products and services with new features and technologies to gain a competitive edge in the market. Industries are developing securities with new features in order to protect and secure organizational data. For instance, in March 2021, Palo Alto Networks Inc., an American multinational cybersecurity company, and Hong Kong Telecommunications Limited, a Hong Kong-based largest telecommunication company, launched the Endpoint Threat Protection Service. The new online service uses Palo Alto Networks' Traps technology for endpoint protection of organizations in Hong Kong from sophisticated cyber threats.
Market Dynamics
The global microsegmentation market is expected to grow significantly during the forecast period, owing to the rising popularity of digitization in organizations. Organization databases mainly include sensitive data related to payment cards and financial information. Databases are the primary targets of cybercriminals, which increases the loss of personal and business information. Due to the increasing incidence of data breach and high profile data theft, organizations are planning to detect future threats. For instance, according to Coherent Market Insights' analysis, the global cybersecurity market reached US$ 121,000 million in 2017 from US$ 3,500 million in 2004. These factors are expected to drive the market growth during the forecast period.
Among vertical, the banking, financial services, and insurance (BFSI) segment is expected to exhibit the highest growth during the forecast period. The security solutions provide support to the financial service provider to protect their data, customers, meet industry & government compliance standards, and avoid damage caused by data breaches. The BFSI vertical is continuously focusing on upgrading its processing and transactional technologies and also require an end-to-end security to minimize operations against both internal and external threats. For instance, in September 2016, healthcare and banking, financial services, and insurance (BFSI) used Microsoft cloud platforms to protect employee data and optimize business processes and models. The demand for cybersecurity solutions is increasing in BFSI vertical due to the rising adoption of smart banking, internet banking, and mobile banking. The industry is facing challenges in maintaining the application, network, and data security. The attackers are targeting these sectors with viruses, malware, and other cyberattacks.
Key features of the study:
- This report provides in-depth analysis of global microsegmentation market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global microsegmentation market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Cisco Systems Inc. (US), Akamai Technologies, Inc., Palo Alto Networks, Inc., Symantec Corporation, Okta, Inc., Forcepoint, LLC, Cyxtera Technologies, Sophos Group Plc, Google LLC, Microsoft, Inc., VMware Inc., Trend Micro Incorporated, Cloudflare, IBM Corporation, Fortinet, Check Point Software Technologies Ltd., Unisys, vArmour, Inc., OPAQ Networks, Inc., ExtraHop Networks, ShieldX, Bracket Computing Inc., Nutanix, and Cloudvisory
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global microsegmentation market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global microsegmentation market
Detailed Segmentation
- Global Microsegmentation Market, By Component:
- Global Microsegmentation Market, Services:
- Managed Services
- Professional Services
- Global Microsegmentation Market, Security:
- Network Security
- Database Security
- Application Security
- Global Microsegmentation Market, Deployment Type:
- Global Microsegmentation Market, Organization Size:
- Global Microsegmentation Market, Vertical:
- Government & Defense
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- Global Microsegmentation Market, By Region:
- North America
- Software
- Services
- Managed
- Professional
- Network Security
- Database Security
- Application Security
- On-premises
- Cloud
- SMEs
- Large Enterprises
- Government & Defense,
- BFSI,
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- U.S.
- Canada
- Europe
- Software
- Services
- Managed
- Professional
- Network Security
- Database Security
- Application Security
- On-premises
- Cloud
- SMEs
- Large Enterprises
- Government & Defense,
- BFSI,
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Software
- Services
- Managed
- Professional
- Network Security
- Database Security
- Application Security
- On-premises
- Cloud
- SMEs
- Large Enterprises
- Government & Defense,
- BFSI,
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Software
- Services
- Managed
- Professional
- Network Security
- Database Security
- Application Security
- On-premises
- Cloud
- SMEs
- Large Enterprises
- Government & Defense,
- BFSI,
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Software
- Services
- Managed
- Professional
- Network Security
- Database Security
- Application Security
- On-premises
- Cloud
- SMEs
- Large Enterprises
- Government & Defense,
- BFSI,
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Energy & Utility
- Others
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Cisco Systems, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Akamai Technologies, Inc.
- Palo Alto Networks, Inc.
- Symantec Corporation
- Okta, Inc.
- Forcepoint, LLC
- Cyxtera Technologies
- Sophos Group Plc
- Google LLC
- Microsoft, Inc.
- VMware Inc.
- Trend Micro Incorporated
- Cloudflare
- IBM Corporation
- Fortinet
- Check Point Software Technologies Ltd.
- Unisys
- vArmour, Inc.
- OPAQ Networks, Inc.
- ExtraHop Networks
- ShieldX
- Bracket Computing Inc.
- Nutanix
- Cloudvisory
"*" marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component
- Market Snippet, By Services
- Market Snippet, By Security
- Market Snippet, By Deployment Type
- Market Snippet, By Organization Size
- Market Snippet, By Vertical
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter's Analysis
- PEST Analysis
- Impact of COVID-19 Pandemic
4. Global Microsegmentation Market, By Component, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Services
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
5. Global Microsegmentation Market, By Services, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Managed Services
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Professional Services
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
6. Global Microsegmentation Market, By Security, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Network Security
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Database Security
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Application Security
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
7. Global Microsegmentation Market, By Deployment Type, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- On-premises
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Cloud
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
8. Global Microsegmentation Market, By Organization Size, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- SMEs
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Large Enterprises
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
9. Global Microsegmentation Market, By Vertical, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Government & Defense
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- BFSI
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- IT & Telecom
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Healthcare
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Retail
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Manufacturing
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Energy & Utility
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2017 - 2028, (US$ Million)
10. Global Microsegmentation Market, By Region, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2028 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Services, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Security, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Deployment Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Organization Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Vertical, 2017 - 2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Services, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Security, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Deployment Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Organization Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Vertical, 2017 - 2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- U.K.
- Germany
- Spain
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Services, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Security, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Deployment Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Organization Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Vertical, 2017 - 2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Services, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Security, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Deployment Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Organization Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Vertical, 2017 - 2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Services, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Security, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Deployment Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Organization Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Vertical, 2017 - 2028 (US$ Million)
- Market Share Analysis, By Country/Region, 2022 and 2028 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
11. Competitive Landscape
- Company Profiles
- Cisco Systems, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Akamai Technologies, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Palo Alto Networks, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Symantec Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Okta, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Forcepoint, LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cyxtera Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sophos Group Plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Google LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Microsoft, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- VMware Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Trend Micro Incorporated
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cloudflare
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- IBM Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fortinet
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Check Point Software Technologies Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Unisys
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- vArmour, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OPAQ Networks, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ExtraHop Networks
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ShieldX
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bracket Computing Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Nutanix
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cloudvisory
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
12. Section
- References
- Research Methodology
- About us and Sales Contact