31^st Jan 2020 - global Micro-segmentation Solutions Market is projected to grow significantly in the forecast period owing to its increasing applications in mobile and connected devices. Micro-segmentation is a security practice that integrates security into virtual network without hardware-based firewall. Micro-segmentation reduces increasing hardware prices, curbs firewall rule sprawl, improves performance efficiency of network, caters needs of departments & line of business (LOBs) and helps in forecasting.

The factors that driving market are growing rate of cyber-attacks, which is a threat for data storage in the network. Adoption of virtual and multi-cloud data centers is growing with the number of organizations and impelling micro-segmentation solutions market. Moreover, the benefit of reducing security budget is accelerating the demand for more efficient micro-segmentation solutions. However, market is restrained by complicated mechanism for secured micro-segmentation solutions.

Access Micro-segmentation Solutions Market Report with TOC @ https://www.millioninsights.com/industry-reports/micro-segmentation-solutions-market

Governments are sluggishly adopting micro-segmentation solutions technology for enhancing security protocols. Besides, micro-segmentation solutions market is witnessing remarkable growth opportunities in retail, healthcare, and media & entertainment sector since they are being adopted at a good pace, thereby boosting micro segmentation solutions market. Another trend affecting micro segmentation solutions market is the increasing application of cloud-based technology.

The market is categorized on the basis of component, deployment, industry vertical and geography. On the basis of component, market is divided into software, hardware, and services. Services segment is expected to hold larger share of the market owing to its increasing adoption. Based on deployment, market is divided into on premise and cloud. Cloud segment is further classified into private, public and hybrid. Cloud based segment is expected to lead the market owing to its increasing applications.

In terms of industry vertical, market is split into telecommunications, Banking, Financial Services and Insurance (BFSI), government, retail, healthcare, education, media & entertainment and others. Banking, Financial Services and Insurance BFSI segment is expected to lead the market owing to constant technological innovations required to meet demands from different sectors.

The major manufacturers covered in this report

• Cisco

• Unisys

• Juniper Networks

• VMware

• vArmour

Request a Sample Copy of Micro-segmentation Solutions Market Report @ https://www.millioninsights.com/industry-reports/micro-segmentation-solutions-market/request-sample

Market segment by Regions/Countries, this report covers

• United States

• EU

• Japan

• China

• India

• Southeast Asia

Visit Our Blog: https://marketreportsassistance.wordpress.com

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

 

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184

Email: sales@millioninsights.com