Pune, India -- (SBWIRE) -- 05/02/2019 -- Market Synopsis :
The adoption of micro-segmentation will increase with the spread of software-defined networking and software-defined data center technologies. Micro-segmentation is a security technology that is responsible for breaking the data center into logical elements and manages them with high degree of IT security policies. This allows to isolate access and limit lateral movement of malicious activity if traditional safety is breached. By using virtualized, software-only approach, micro-segmentation permits security models to be deployed deep inside a data center.

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It integrates security directly into a virtualized workload without requiring a hardware based firewall, which is one of the important advantage. Therefore, security policies can be synchronized with a virtual network, virtual machine (VM), operating system (OS), or different virtual security target. In case of migration or reconfiguration of network, security may be assigned down the level of network interface, and security guidelines can circulate with the VM or workload. The micro-segmentation uses four architectural models such as hybrid model, overlay model, third-party model and native model.

Market Growth Factors :
The elements accelerating the growth of micro-segmentation market is rising price of cyber attacks which is posing a hazard to data storage within the network. There is increase in use of applications, connected devices, and mobile devices are another driving factors for the growth of market. Micro-segmentation is very useful in lowering valuable security budgets, thus the adoption is increasing. The market has the massive growth opportunities as government sectors are slowly adopting micro-segmentation solution technology for increasing their safety protocols.

Market segmentation :
Micro-segmentation market is segmented into different number of segments like by component, by service, by security type, by organization size, by vertical, and by region. On the basis of component it is divided into software and services. Managed services and professional services comes under service segmentation. Security type is categorized into network, database, and application security. However, this market is segmented into small, medium, and large scale enterprises. Micro-segmentation can be used in different sectors like government & defense, Baking, Financial Services, And Insurance (BFSI), IT & telecom, healthcare, retail, manufacturing, and others.

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Regional analysis :
Micro-segmentation market is bifurcated into different number of regions like North America, Europe, APAC, MEA, and Latin America. It is predicted that North America is having the largest market share, as the region is significantly adopting the micro-segmentation solutions. The ransomware attacks on the connected devices, rise in the use of cloud computing, and increase need for security upgradation are some the elements responsible for the growth of North America market.

Competitive Analysis :
The micro-segmentation market have various competitive vendors like VMware , Cisco, Unisys, vArmour, Juniper Networks, OPAQ Networks, ShieldX Networks, Cloudvisory, GuardiCore, Bracket Computing, and others. The latest version of VMware NSX has promised easy microsegmentation for data center networks. The key players are also engaging in partnership, acquisition, and merger for development of innovative products.