Software Defined Perimeter Market predicted to gain $13.8 billion by 2024
May 10, 2023 ⚊ 1 Min read ⚊ Views 40 ⚊ NEWS
According to a research report “Software Defined Perimeter Market by Component (Solutions and Services), Connectivity, Deployment Mode, Organization Size, User Type (Government & Defense, IT & Telecom, and Retail & eCommerce), and Region – Global Forecast to 2024”, published by MarketsandMarkets, the global SDP market size is expected to grow from USD 2.9 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 36.5% during the forecast period. Major factors fueling the market growth include the rising need for policy-based security architecture to reduce network complexities, increasing adoption of cloud-based applications, and growing need for regulations and compliance to enhance network security.
Tags: Software Defined Perimeter Market
