Microsegmentation Market | 2031 Insights | Recent Updates
The Microsegmentation Market is expected to register a CAGR of 23.70% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Microsegmentation Market report covers analysis by Component (Software, Services); Security Type (Network Security, Database Security, Application Security); Deployment Model (On-Premise, Cloud); Organization Size (SMEs, Large Enterprises); End-User Industry (BFSI, IT and Telecom, Government and Defense, Retail, Healthcare, Manufacturing, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
Purpose of the ReportThe report Microsegmentation Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Microsegmentation Market Segmentation
Component- Software
- Services
- Network Security
- Database Security
- Application Security;
- On-Premise
- Cloud;
- SMEs
- Large Enterprises
- SMEs
- Large Enterprises
Strategic Insights
Microsegmentation Market Growth Drivers- Microsegmentation for Security Efficiency: Sophisticated attacks and breaches increased, and with this, organizations focus more on security in the protection of sensitive data and critical infrastructure. In this area, there is high recognition of microsegmentation as this will allow businesses to create granular controls on security and isolation of workloads that minimize the attack surface and contain threats more efficiently.
- Cloud and Hybrid Environment Security: Cloud Computing and Hybrid Environments are being adopted because companies, increasingly, are transitioning to cloud-based solutions and turning into multivendor hybrid IT environments; therefore, advanced security becomes very essential. Microsegmentation helps organizations extend their security policies across on-premises and cloud environments, making applications and data consistent with protection based on location and driving up demand for such solutions.
- Regulatory Compliance and Data Protection: Increasing regulatory pressures and data privacy requirements make organizations stringent in security controls to protect personal and sensitive data as dictated by laws such as GDPR and HIPAA. Microsegmentation helps an organization meet those compliance requirements by offering an increased level of visibility and control over data flows so an organization can demonstrate compliance against the regulatory mandates while protecting its data assets.
- AI/ML for Dynamic Security Policies: Use of AI and ML in microsegmentation will increase further, and space will be provided for the enforcement of dynamic policies. AI and ML advanced algorithms will analyze real-time traffic patterns and user behaviors to make security policies automatically adjusted in line with the most updated threats. Only users who can be trusted will be granted access to sensitive resources. The network security measures will thus be proactive and adaptive, thus minimizing breaches.
- Microsegmentation for Multi-Cloud Security: With the increasing adoption of multi-cloud and hybrid cloud strategies, the need for microsegmentation solutions that can natively work across all environments will keep on rising. With a consistent view of security policies and visibility across on-premises, public, and private cloud infrastructures, future microsegmentation platforms will allow businesses to secure the data and applications wherever they reside, helping them meet and surpass their compliance requirements while also becoming even more secure.
- Increasing Adoption of Zero Trust Security Architecture: A major trend in the microsegmentation market is its critical role in the wide adoption of Zero Trust security models. As organizations transition from traditional perimeter-based security models, microsegmentation becomes an integral part of Zero Trust architectures. Dividing the network into smaller segments and enforcing strict access controls ensure that users and applications only get access to resources critical to their tasks. This reduces the potential attack surface and prevents lateral movement of threats within a network. With the increase in ransomware and insider threats, Zero Trust principles continue to be adopted more widely, thus pushing demand for advanced microsegmentation solutions across healthcare, finance, and government sectors.
- Securing IoT Devices with Microsegmentation: With the existence of IoT devices spread across all types of industries, securing those has become imperative. Isolating IoT devices from the broader network using microsegmentation can reduce the space for lateral movement by attackers. Companies can develop IoT microsegmentation solutions designed based on easy deployment, management, and industry standards.
- Expansion in Cloud-Native Environments: The rapid growth of cloud-native environments provides a significant opportunity for the microsegmentation market. As organizations increasingly adopt public, private, and hybrid cloud infrastructures, securing these dynamic and distributed systems has become a top priority. Microsegmentation provides the granular security needed to control east-west traffic within virtualized and containerized environments, protecting workloads and applications from unauthorized access and lateral movement of threats. This is particularly critical for businesses adopting DevOps and CI/CD pipelines where the rapid deployment of applications requires robust security measures. The vendors in the microsegmentation market can, therefore, address the increasing demand for scalable and flexible security in the cloud by providing solutions tailored to cloud-native architectures.
- Rising Demand from Small and Medium Enterprises (SMEs): Small and medium enterprises are growing as business opportunities in the microsegmentation market as SMEs grow smarter about cybersecurity threats. Whereas previously, advanced security solutions have not traditionally been possible for SMEs due to these factors of cost and complexity, affordable and easy-to-deploy microsegmentation tooling targeted to smaller size organizations is altering the equation in this space. As SMEs embrace digital transformation strategies, such as cloud migration and remote work models, their need for effective security solutions to protect sensitive data and systems increases. Vendors that offer low-cost, easy-to-deploy microsegmentation solutions will be able to tap into this growing market segment by addressing the unique security challenges SMEs face.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Microsegmentation Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Microsegmentation Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Microsegmentation Market is expected to register a CAGR of 23.70% from 2023-2031.
The primary factors influencing growth of the market are Increased Cybersecurity Threats, Regulatory Compliance Requirements, and Growing Adoption of Cloud Services
Key future trends in this market are - AI and ML-powered microsegmentation for dynamic, real-time security policy enforcement, increasing need for microsegmentation solutions that work across multi-cloud and hybrid cloud strategies, consistent visibility and security policies for comprehensive data protection.
Key companies in this market are: AlgoSec Inc., Cisco Systems, Inc., ExtraHop Networks, Inc., FireEye, Inc., Guardicore Ltd., Juniper Networks, Inc., Opaq Networks, Inc., Unisys Corporation, vArmour Networks, Inc.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microsegmentation Market - By Component
1.3.2 Microsegmentation Market - By Security Type
1.3.3 Microsegmentation Market - By Deployment Model
1.3.4 Microsegmentation Market - By Organization Size
1.3.5 Microsegmentation Market - By End-User Industry
1.3.6 Microsegmentation Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MICROSEGMENTATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MICROSEGMENTATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. MICROSEGMENTATION MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROSEGMENTATION - GLOBAL MARKET OVERVIEW
6.2. MICROSEGMENTATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MICROSEGMENTATION MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. MICROSEGMENTATION MARKET - REVENUE AND FORECASTS TO 2028 - SECURITY TYPE
8.1. OVERVIEW
8.2. SECURITY TYPE MARKET FORECASTS AND ANALYSIS
8.3. NETWORK SECURITY
8.3.1. Overview
8.3.2. Network Security Market Forecast and Analysis
8.4. DATABASE SECURITY
8.4.1. Overview
8.4.2. Database Security Market Forecast and Analysis
8.5. APPLICATION SECURITY
8.5.1. Overview
8.5.2. Application Security Market Forecast and Analysis
9. MICROSEGMENTATION MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
9.1. OVERVIEW
9.2. DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-Premise Market Forecast and Analysis
9.4. CLOUD
9.4.1. Overview
9.4.2. Cloud Market Forecast and Analysis
10. MICROSEGMENTATION MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
10.1. OVERVIEW
10.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
10.3. SMES
10.3.1. Overview
10.3.2. SMEs Market Forecast and Analysis
10.4. LARGE ENTERPRISES
10.4.1. Overview
10.4.2. Large Enterprises Market Forecast and Analysis
11. MICROSEGMENTATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
11.1. OVERVIEW
11.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
11.3. BFSI
11.3.1. Overview
11.3.2. BFSI Market Forecast and Analysis
11.4. IT AND TELECOM
11.4.1. Overview
11.4.2. IT and Telecom Market Forecast and Analysis
11.5. GOVERNMENT AND DEFENSE
11.5.1. Overview
11.5.2. Government and Defense Market Forecast and Analysis
11.6. RETAIL
11.6.1. Overview
11.6.2. Retail Market Forecast and Analysis
11.7. HEALTHCARE
11.7.1. Overview
11.7.2. Healthcare Market Forecast and Analysis
11.8. MANUFACTURING
11.8.1. Overview
11.8.2. Manufacturing Market Forecast and Analysis
11.9. OTHERS
11.9.1. Overview
11.9.2. Others Market Forecast and Analysis
12. MICROSEGMENTATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Microsegmentation Market Overview
12.1.2 North America Microsegmentation Market Forecasts and Analysis
12.1.3 North America Microsegmentation Market Forecasts and Analysis - By Component
12.1.4 North America Microsegmentation Market Forecasts and Analysis - By Security Type
12.1.5 North America Microsegmentation Market Forecasts and Analysis - By Deployment Model
12.1.6 North America Microsegmentation Market Forecasts and Analysis - By Organization Size
12.1.7 North America Microsegmentation Market Forecasts and Analysis - By End-User Industry
12.1.8 North America Microsegmentation Market Forecasts and Analysis - By Countries
12.1.8.1 United States Microsegmentation Market
12.1.8.1.1 United States Microsegmentation Market by Component
12.1.8.1.2 United States Microsegmentation Market by Security Type
12.1.8.1.3 United States Microsegmentation Market by Deployment Model
12.1.8.1.4 United States Microsegmentation Market by Organization Size
12.1.8.1.5 United States Microsegmentation Market by End-User Industry
12.1.8.2 Canada Microsegmentation Market
12.1.8.2.1 Canada Microsegmentation Market by Component
12.1.8.2.2 Canada Microsegmentation Market by Security Type
12.1.8.2.3 Canada Microsegmentation Market by Deployment Model
12.1.8.2.4 Canada Microsegmentation Market by Organization Size
12.1.8.2.5 Canada Microsegmentation Market by End-User Industry
12.1.8.3 Mexico Microsegmentation Market
12.1.8.3.1 Mexico Microsegmentation Market by Component
12.1.8.3.2 Mexico Microsegmentation Market by Security Type
12.1.8.3.3 Mexico Microsegmentation Market by Deployment Model
12.1.8.3.4 Mexico Microsegmentation Market by Organization Size
12.1.8.3.5 Mexico Microsegmentation Market by End-User Industry
12.2. EUROPE
12.2.1 Europe Microsegmentation Market Overview
12.2.2 Europe Microsegmentation Market Forecasts and Analysis
12.2.3 Europe Microsegmentation Market Forecasts and Analysis - By Component
12.2.4 Europe Microsegmentation Market Forecasts and Analysis - By Security Type
12.2.5 Europe Microsegmentation Market Forecasts and Analysis - By Deployment Model
12.2.6 Europe Microsegmentation Market Forecasts and Analysis - By Organization Size
12.2.7 Europe Microsegmentation Market Forecasts and Analysis - By End-User Industry
12.2.8 Europe Microsegmentation Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Microsegmentation Market
12.2.8.1.1 Germany Microsegmentation Market by Component
12.2.8.1.2 Germany Microsegmentation Market by Security Type
12.2.8.1.3 Germany Microsegmentation Market by Deployment Model
12.2.8.1.4 Germany Microsegmentation Market by Organization Size
12.2.8.1.5 Germany Microsegmentation Market by End-User Industry
12.2.8.2 France Microsegmentation Market
12.2.8.2.1 France Microsegmentation Market by Component
12.2.8.2.2 France Microsegmentation Market by Security Type
12.2.8.2.3 France Microsegmentation Market by Deployment Model
12.2.8.2.4 France Microsegmentation Market by Organization Size
12.2.8.2.5 France Microsegmentation Market by End-User Industry
12.2.8.3 Italy Microsegmentation Market
12.2.8.3.1 Italy Microsegmentation Market by Component
12.2.8.3.2 Italy Microsegmentation Market by Security Type
12.2.8.3.3 Italy Microsegmentation Market by Deployment Model
12.2.8.3.4 Italy Microsegmentation Market by Organization Size
12.2.8.3.5 Italy Microsegmentation Market by End-User Industry
12.2.8.4 United Kingdom Microsegmentation Market
12.2.8.4.1 United Kingdom Microsegmentation Market by Component
12.2.8.4.2 United Kingdom Microsegmentation Market by Security Type
12.2.8.4.3 United Kingdom Microsegmentation Market by Deployment Model
12.2.8.4.4 United Kingdom Microsegmentation Market by Organization Size
12.2.8.4.5 United Kingdom Microsegmentation Market by End-User Industry
12.2.8.5 Russia Microsegmentation Market
12.2.8.5.1 Russia Microsegmentation Market by Component
12.2.8.5.2 Russia Microsegmentation Market by Security Type
12.2.8.5.3 Russia Microsegmentation Market by Deployment Model
12.2.8.5.4 Russia Microsegmentation Market by Organization Size
12.2.8.5.5 Russia Microsegmentation Market by End-User Industry
12.2.8.6 Rest of Europe Microsegmentation Market
12.2.8.6.1 Rest of Europe Microsegmentation Market by Component
12.2.8.6.2 Rest of Europe Microsegmentation Market by Security Type
12.2.8.6.3 Rest of Europe Microsegmentation Market by Deployment Model
12.2.8.6.4 Rest of Europe Microsegmentation Market by Organization Size
12.2.8.6.5 Rest of Europe Microsegmentation Market by End-User Industry
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Microsegmentation Market Overview
12.3.2 Asia-Pacific Microsegmentation Market Forecasts and Analysis
12.3.3 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By Component
12.3.4 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By Security Type
12.3.5 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By Deployment Model
12.3.6 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By Organization Size
12.3.7 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By End-User Industry
12.3.8 Asia-Pacific Microsegmentation Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Microsegmentation Market
12.3.8.1.1 Australia Microsegmentation Market by Component
12.3.8.1.2 Australia Microsegmentation Market by Security Type
12.3.8.1.3 Australia Microsegmentation Market by Deployment Model
12.3.8.1.4 Australia Microsegmentation Market by Organization Size
12.3.8.1.5 Australia Microsegmentation Market by End-User Industry
12.3.8.2 China Microsegmentation Market
12.3.8.2.1 China Microsegmentation Market by Component
12.3.8.2.2 China Microsegmentation Market by Security Type
12.3.8.2.3 China Microsegmentation Market by Deployment Model
12.3.8.2.4 China Microsegmentation Market by Organization Size
12.3.8.2.5 China Microsegmentation Market by End-User Industry
12.3.8.3 India Microsegmentation Market
12.3.8.3.1 India Microsegmentation Market by Component
12.3.8.3.2 India Microsegmentation Market by Security Type
12.3.8.3.3 India Microsegmentation Market by Deployment Model
12.3.8.3.4 India Microsegmentation Market by Organization Size
12.3.8.3.5 India Microsegmentation Market by End-User Industry
12.3.8.4 Japan Microsegmentation Market
12.3.8.4.1 Japan Microsegmentation Market by Component
12.3.8.4.2 Japan Microsegmentation Market by Security Type
12.3.8.4.3 Japan Microsegmentation Market by Deployment Model
12.3.8.4.4 Japan Microsegmentation Market by Organization Size
12.3.8.4.5 Japan Microsegmentation Market by End-User Industry
12.3.8.5 South Korea Microsegmentation Market
12.3.8.5.1 South Korea Microsegmentation Market by Component
12.3.8.5.2 South Korea Microsegmentation Market by Security Type
12.3.8.5.3 South Korea Microsegmentation Market by Deployment Model
12.3.8.5.4 South Korea Microsegmentation Market by Organization Size
12.3.8.5.5 South Korea Microsegmentation Market by End-User Industry
12.3.8.6 Rest of Asia-Pacific Microsegmentation Market
12.3.8.6.1 Rest of Asia-Pacific Microsegmentation Market by Component
12.3.8.6.2 Rest of Asia-Pacific Microsegmentation Market by Security Type
12.3.8.6.3 Rest of Asia-Pacific Microsegmentation Market by Deployment Model
12.3.8.6.4 Rest of Asia-Pacific Microsegmentation Market by Organization Size
12.3.8.6.5 Rest of Asia-Pacific Microsegmentation Market by End-User Industry
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Microsegmentation Market Overview
12.4.2 Middle East and Africa Microsegmentation Market Forecasts and Analysis
12.4.3 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By Component
12.4.4 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By Security Type
12.4.5 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By Deployment Model
12.4.6 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By Organization Size
12.4.7 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By End-User Industry
12.4.8 Middle East and Africa Microsegmentation Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Microsegmentation Market
12.4.8.1.1 South Africa Microsegmentation Market by Component
12.4.8.1.2 South Africa Microsegmentation Market by Security Type
12.4.8.1.3 South Africa Microsegmentation Market by Deployment Model
12.4.8.1.4 South Africa Microsegmentation Market by Organization Size
12.4.8.1.5 South Africa Microsegmentation Market by End-User Industry
12.4.8.2 Saudi Arabia Microsegmentation Market
12.4.8.2.1 Saudi Arabia Microsegmentation Market by Component
12.4.8.2.2 Saudi Arabia Microsegmentation Market by Security Type
12.4.8.2.3 Saudi Arabia Microsegmentation Market by Deployment Model
12.4.8.2.4 Saudi Arabia Microsegmentation Market by Organization Size
12.4.8.2.5 Saudi Arabia Microsegmentation Market by End-User Industry
12.4.8.3 U.A.E Microsegmentation Market
12.4.8.3.1 U.A.E Microsegmentation Market by Component
12.4.8.3.2 U.A.E Microsegmentation Market by Security Type
12.4.8.3.3 U.A.E Microsegmentation Market by Deployment Model
12.4.8.3.4 U.A.E Microsegmentation Market by Organization Size
12.4.8.3.5 U.A.E Microsegmentation Market by End-User Industry
12.4.8.4 Rest of Middle East and Africa Microsegmentation Market
12.4.8.4.1 Rest of Middle East and Africa Microsegmentation Market by Component
12.4.8.4.2 Rest of Middle East and Africa Microsegmentation Market by Security Type
12.4.8.4.3 Rest of Middle East and Africa Microsegmentation Market by Deployment Model
12.4.8.4.4 Rest of Middle East and Africa Microsegmentation Market by Organization Size
12.4.8.4.5 Rest of Middle East and Africa Microsegmentation Market by End-User Industry
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Microsegmentation Market Overview
12.5.2 South and Central America Microsegmentation Market Forecasts and Analysis
12.5.3 South and Central America Microsegmentation Market Forecasts and Analysis - By Component
12.5.4 South and Central America Microsegmentation Market Forecasts and Analysis - By Security Type
12.5.5 South and Central America Microsegmentation Market Forecasts and Analysis - By Deployment Model
12.5.6 South and Central America Microsegmentation Market Forecasts and Analysis - By Organization Size
12.5.7 South and Central America Microsegmentation Market Forecasts and Analysis - By End-User Industry
12.5.8 South and Central America Microsegmentation Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Microsegmentation Market
12.5.8.1.1 Brazil Microsegmentation Market by Component
12.5.8.1.2 Brazil Microsegmentation Market by Security Type
12.5.8.1.3 Brazil Microsegmentation Market by Deployment Model
12.5.8.1.4 Brazil Microsegmentation Market by Organization Size
12.5.8.1.5 Brazil Microsegmentation Market by End-User Industry
12.5.8.2 Argentina Microsegmentation Market
12.5.8.2.1 Argentina Microsegmentation Market by Component
12.5.8.2.2 Argentina Microsegmentation Market by Security Type
12.5.8.2.3 Argentina Microsegmentation Market by Deployment Model
12.5.8.2.4 Argentina Microsegmentation Market by Organization Size
12.5.8.2.5 Argentina Microsegmentation Market by End-User Industry
12.5.8.3 Rest of South and Central America Microsegmentation Market
12.5.8.3.1 Rest of South and Central America Microsegmentation Market by Component
12.5.8.3.2 Rest of South and Central America Microsegmentation Market by Security Type
12.5.8.3.3 Rest of South and Central America Microsegmentation Market by Deployment Model
12.5.8.3.4 Rest of South and Central America Microsegmentation Market by Organization Size
12.5.8.3.5 Rest of South and Central America Microsegmentation Market by End-User Industry
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. MICROSEGMENTATION MARKET, KEY COMPANY PROFILES
14.1. ALGOSEC INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. CISCO SYSTEMS, INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. EXTRAHOP NETWORKS, INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. FIREEYE, INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. GUARDICORE LTD.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. JUNIPER NETWORKS, INC.
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. OPAQ NETWORKS, INC.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. UNISYS CORPORATION
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. VARMOUR NETWORKS, INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. VMWARE, INC.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. AlgoSec Inc.
2. Cisco Systems, Inc.
3. ExtraHop Networks, Inc.
4. FireEye, Inc.
5. Guardicore Ltd.
6. Juniper Networks, Inc.
7. Opaq Networks, Inc.
8. Unisys Corporation
9. vArmour Networks, Inc.
10. VMware, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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