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Software-Defined Security Market Estimated to Grow worth 6.76 Billion USD by 2021

Press Release   •   Jan 29, 2018 08:09 EST

The report "Software-Defined Security Market by Component (Solution and Services), Enforcement Point (Virtual Machines, Network Security Gateway), Deployment Mode (Cloud and On-Premise), End User (Enterprise, Telecom/Cloud Service Provider) - Global Forecast to 2021", Software-Defined Security (SDSec) 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%. The SDSec market is growing rapidly because of the need for policy-driven, scalable, and programmable security architecture, need for faster response and increased security, and upsurge in cloud adoption.

Browse 95 market data Tables and 54 Figures spread through 158 Pages and in-depth TOC on "Software-Defined Security Market by Component (Solution and Services), Enforcement Point (Virtual Machines, Network Security Gateway), Deployment Mode (Cloud and On-Premise), End User (Enterprise, Telecom/Cloud Service Provider) - Global Forecast to 2021"

https://www.marketsandmarkets.com/Market-Reports/software-defined-security-market-146062541.html

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“Control automation & orchestration solution to grow at the highest CAGR”

The report segments the global market on the basis of solutions that includes security software, control automation & orchestration solution, security compliance & policy management, and performance management & reporting. Control automation & orchestration solution is expected to witness the highest growth rate. Automation and orchestration allows for the provisioning and automated configuration of all of the individual resources that collectively comprise SDSec.

"Support & maintenance service to grow at the highest CAGR”

The report segments the services into support & maintenance, training & education, integration & testing, and consulting services. Among these, support & maintenance services are expected to witness the highest CAGR. Automation and orchestration allows for the provisioning and automated configuration of all of the individual resources that collectively comprise SDSec. Support and maintenance services are critical service offering in this market, which includes assistance provided during installation and maintenance activities. These services are basically provided for data and software/solution maintenance.

“Cloud service providers to experience the highest CAGR”

Among end users, cloud service providers will lead the SDSec market with a wide range of organizations adopting these solutions in all regions. SDSec provides a flexible and centralized security solution by abstracting the security mechanisms from the hardware layer to a software layer. Such separation provides a scalable distributed security solution, which virtualizes the security functions but remains manageable as a single logical system.

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