Software-Defined Security Market
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<strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong> Worth 6.76 Billion USD by 2021<br />
13 Sep, 2016, 12:30 ET from <strong>Market</strong>sand<strong>Market</strong>s<br />
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PUNE, India, September 13, 2016 /PRNewswire/ --<br />
According to a new market research report "<strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong> by Component (Solution and Services), Enforcement Point (Virtual Machines,<br />
Network <strong>Security</strong> Gateway), Deployment Mode (Cloud and On-Premise), End User (Enterprise, Telecom/Cloud Service Provider) - Global Forecast to 2021",<br />
published by <strong>Market</strong>sand<strong>Market</strong>s, market to grow from USD 1.59 Billion in 2016 to USD 6.76 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 33.6%.<br />
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Browse 95 market data Tables and 54 Figures spread through 158 Pages and in-depth TOC on "<strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong>"<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/software-defined-security-market-146062541.html<br />
Early buyers will receive 10% customization on this report.<br />
The <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong> is growing rapidly because of the need for policy-driven, scalable, and programmable security architecture, need for faster<br />
response and increased security, and upsurge in cloud adoption.<br />
"Control automation & orchestration solution to grow at the highest CAGR"<br />
The report segments the global market on the basis of solutions that includes security software, control automation & orchestration solution, security compliance &<br />
policy management, and performance management & reporting. Control automation & orchestration solution is expected to witness the highest growth rate.<br />
Automation and orchestration allows for the provisioning and automated configuration of all of the individual resources that collectively comprise <strong>Software</strong>-<strong>Defined</strong><br />
<strong>Security</strong>.<br />
"Support & maintenance service to grow at the highest CAGR"<br />
The report segments the services into support & maintenance, training & education, integration & testing, and consulting services. Among these, support &<br />
maintenance services are expected to witness the highest CAGR. Automation and orchestration allows for the provisioning and automated configuration of all of<br />
the individual resources that collectively comprise <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong>. Support and maintenance services are critical service offering in this market, which<br />
includes assistance provided during installation and maintenance activities. These services are basically provided for data and software/solution maintenance.<br />
"Cloud service providers to experience the highest CAGR"
Among end users, cloud service providers will lead the <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong> with a wide range of organizations adopting these solutions in all<br />
regions. <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> provides a flexible and centralized security solution by abstracting the security mechanisms from the hardware layer to a<br />
software layer. Such separation provides a scalable distributed security solution, which virtualizes the security functions but remains manageable as a single logical<br />
system.<br />
"North America to be the largest revenue generator"<br />
The report has been segmented by region into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is<br />
expected to continue being the largest revenue generator region for <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> vendors for the next five years, followed by Europe. Whereas, MEA<br />
is expected to be the fastest-growing region in the <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> <strong>Market</strong> during the forecast period. The market growth in developing regions can be<br />
attributed to the enhancements in technology.<br />
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Major vendors that offer <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> solutions are Check Point Technologies (Israel), Cisco Systems (California), Intel Corporation (California),<br />
VMware, Inc. (California), Symantec Corporation (California), EMC Corporation (Massachusetts), Fortinet, Inc. (California), Juniper Networks (California), and Palo<br />
Alto Networks (California). These vendors have adopted different types of organic and inorganic growth strategies such as new product launches, partnerships &<br />
collaborations, and mergers & acquisitions to expand their offerings in the <strong>Software</strong>-<strong>Defined</strong> <strong>Security</strong> market.<br />
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