Market Overview:
Microsegmentation is the process of breaking down a large network into smaller, more manageable segments. This can be done for security reasons, performance reasons or both. By breaking the network into smaller segments, administrators can better manage and secure them. Microsegmentation also allows for more granular control over traffic flow and access permissions. The global microsegmentation market is expected to grow at a CAGR of 16% from 2018 to 2030. The growth of this market is mainly driven by the increasing need for data security and privacy across industries. Additionally, the growing adoption of cloud-based services is also contributing to the growth of this market. The global microsegmentation market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into network security, database security and application security. Network security accounted for majority share in 2017 owing to its ability to protect entire networks from cyberattacks as compared to other types of cybersecurity solutions such as endpoint protection or intrusion detection systems (IDS).
Product Definition:
Microsegmentation is the process of dividing a network into smaller, more manageable segments. This can be done physically by using different devices or logically by using firewalls and other security devices. The advantage of microsegmenting a network is that it allows administrators to more easily secure and manage traffic within the network. Additionally, microsegmentation can help improve performance by reducing congestion in heavily used parts of the network.
Network Security:
Microsegmentation is a process of analyzing the network by breaking down the large network into smaller sub-networks and analyze them for security purposes. It helps to identify potential threats in networks and provides solutions to overcome these challenges. Network Security is used as an analytical tool that helps enterprises, organizations, & governments in decision making processes related to information security management.
Database Security:
Microsegmentation is the process of breaking down an overall market or industry into a number of smaller segments, each with its own unique set of requirements. Microsegmentation helps in providing solutions to meet the specific needs within a small segment. It also helps in providing solutions for cross-selling and up-selling opportunities between different segments. The major advantage associated with microsegmentation is that it allows companies to serve customers better by understanding their individual needs and acting accordingly.
Application Insights:
The government application segment led the global microsegmentation market in 2017. The growth of this segment is attributed to the increasing demand for secure networks and data transmission across departments and agencies. Furthermore, a growing number of regulations pertaining to information security are also driving the growth of this segment.
The financial services sector is expected to emerge as one of the prominent segments over the forecast period owing to an increase in cyberattacks on financial institutions that leads to monetary losses for both customers and firms within this sector. As a result, companies operating in this industry are focusing on enhancing their cybersecurity posture which eventually benefits end-users by providing them with enhanced online banking experience across different devices or platforms such as mobile phones or tablets etcetera.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to a large number of cyberattacks that have taken place over the past few years. As a result, organizations are focusing on spending more on security solutions and technologies, thereby driving regional demand for microsegmentation products and services. Moreover, increasing government regulations pertaining to data privacy and protection are also contributing toward industry growth. For instance, in December 2015, the U.
Growth Factors:
- Increasing demand for data security and privacy: The increasing instances of cyber-attacks and data breaches have led to the increased demand for data security and privacy solutions, such as microsegmentation.
- Proliferation of IoT devices: The proliferation of IoT devices is leading to the generation of large amounts of data, which needs to be secured. Microsegmentation can help in securing this data by isolating it from other parts of the network.
- Shift towards cloud-based services: Enterprises are increasingly moving towards cloud-based services, due to the benefits they offer such as scalability and cost savings. However, these services pose a security risk as they are spread across multiple servers. Microsegmentation can help in mitigating this risk by securely segregating different parts of the network into different clouds or virtual machines (VMs).
- Emergence of new business models: With businesses becoming more digitized, there is a need for new security models that can protect them from cyber threats posed by hackers and malware attacks etcetera .Microsegmentation can fulfill this need by providing granular control over user access and traffic flow within the network infrastructure5) Growing popularity among SMBs: Smaller businesses are increasingly adopting microsegmentation solutions owing to their lower costs and ease-of-use when compared with traditional firewalls
Scope Of The Report
Report Attributes
Report Details
Report Title
Microsegmentation Market Research Report
By Type
Network Security, Database Security, Application Security
By Application
Government, Financial Services, Communication, Health Care, Retail, Manufacturing, Energy, Other
By Companies
VMware, Cisco, Unisys, Varmour, Juniper Networks, Opaq Networks, Nutanix, Cloudvisory, Guardicore, Extrahop, Shieldx Networks, Bracket Computing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Microsegmentation Market Report Segments:
The global Microsegmentation market is segmented on the basis of:
Types
Network Security, Database Security, Application Security
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government, Financial Services, Communication, Health Care, Retail, Manufacturing, Energy, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VMware
- Cisco
- Unisys
- Varmour
- Juniper Networks
- Opaq Networks
- Nutanix
- Cloudvisory
- Guardicore
- Extrahop
- Shieldx Networks
- Bracket Computing
Highlights of The Microsegmentation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Network Security
- Database Security
- Application Security
- By Application:
- Government
- Financial Services
- Communication
- Health Care
- Retail
- Manufacturing
- Energy
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microsegmentation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microsegmentation is the process of dividing a population into smaller, more manageable segments for analysis and marketing purposes. It can be used to target specific customer groups with customized messages or offers, or to identify which customers are most likely to respond favorably to certain products or services.
Some of the key players operating in the microsegmentation market are VMware, Cisco, Unisys, Varmour, Juniper Networks, Opaq Networks, Nutanix, Cloudvisory, Guardicore, Extrahop, Shieldx Networks, Bracket Computing.
The microsegmentation market is expected to grow at a compound annual growth rate of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microsegmentation Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Microsegmentation Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Microsegmentation Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Microsegmentation Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Microsegmentation Market Size & Forecast, 2020-2028 4.5.1 Microsegmentation Market Size and Y-o-Y Growth 4.5.2 Microsegmentation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Network Security
5.2.2 Database Security
5.2.3 Application Security
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government
6.2.2 Financial Services
6.2.3 Communication
6.2.4 Health Care
6.2.5 Retail
6.2.6 Manufacturing
6.2.7 Energy
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microsegmentation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microsegmentation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Network Security
9.6.2 Database Security
9.6.3 Application Security
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government
9.10.2 Financial Services
9.10.3 Communication
9.10.4 Health Care
9.10.5 Retail
9.10.6 Manufacturing
9.10.7 Energy
9.10.8 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Network Security
10.6.2 Database Security
10.6.3 Application Security
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government
10.10.2 Financial Services
10.10.3 Communication
10.10.4 Health Care
10.10.5 Retail
10.10.6 Manufacturing
10.10.7 Energy
10.10.8 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Network Security
11.6.2 Database Security
11.6.3 Application Security
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government
11.10.2 Financial Services
11.10.3 Communication
11.10.4 Health Care
11.10.5 Retail
11.10.6 Manufacturing
11.10.7 Energy
11.10.8 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Network Security
12.6.2 Database Security
12.6.3 Application Security
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government
12.10.2 Financial Services
12.10.3 Communication
12.10.4 Health Care
12.10.5 Retail
12.10.6 Manufacturing
12.10.7 Energy
12.10.8 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Network Security
13.6.2 Database Security
13.6.3 Application Security
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government
13.10.2 Financial Services
13.10.3 Communication
13.10.4 Health Care
13.10.5 Retail
13.10.6 Manufacturing
13.10.7 Energy
13.10.8 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microsegmentation Market: Competitive Dashboard
14.2 Global Microsegmentation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VMware
14.3.2 Cisco
14.3.3 Unisys
14.3.4 Varmour
14.3.5 Juniper Networks
14.3.6 Opaq Networks
14.3.7 Nutanix
14.3.8 Cloudvisory
14.3.9 Guardicore
14.3.10 Extrahop
14.3.11 Shieldx Networks
14.3.12 Bracket Computing