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Software Defined Perimeter Market Share

Report ID: GMI9979
Published Date: Jun 2024
Report Format: PDF

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Software Defined Perimeter Market Share

Microsoft (Azure Front Door), Cisco Systems, Inc. and Google (BeyondCorp Enterprise) holds a significant market share of around 19% market share in software defined perimeter industry. Microsoft's Azure Front Door integrates application delivery and security services, offering robust protection and improved performance for cloud-based applications. Cisco Systems contributes with its strong portfolio of networking and security solutions, ensuring comprehensive coverage and control over network access.

Meanwhile, Google's BeyondCorp Enterprise emphasizes a zero-trust approach, allowing secure access to applications from any location without relying on traditional VPNs. These companies' strong technological capabilities and extensive customer bases contribute to their significant presence in the evolving SDP landscape.

Software Defined Perimeter Market Companies

Major players operating in the software defined perimeter industry are:

Akamai Technologies
Cisco Systems, Inc.
Fortinet, Inc.
Google (BeyondCorp Enterprise)
Microsoft (Azure Front Door)
Symantec Corporation (NortonLifeLock)
VMware, Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of software defined perimeter reached USD 8.1 billion in 2023 and is set to witness over 10% CAGR between 2024 and 2032, as SDP ensures that remote employees can securely access corporate resources without compromising security.

The SDP solution segment accounted for a market share of over 77% in 2023, as SDP solutions offer comprehensive security capabilities that address multiple aspects of network security.

North America market held a market share of around 32% in 2023, owing to the presence of cutting-edge security technology adoption and infrastructure.

Akamai Technologies, Cisco Systems, Inc, Fortinet, Inc, Google (BeyondCorp Enterprise), Microsoft (Azure Front Door), Symantec Corporation (NortonLifeLock), VMware, Inc. among others.