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Microsegmentation Market by Component (Software and Services), Security Type (Network Security, Database Security, and Application Security), Service, Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022

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Date: 21-Nov-2017
No. of pages: 142
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The microsegmentation market is expected to grow at a Compound Annual Growth Rate (CAGR) of 24.9%, due to the increase in the ransom ware attacks on connected devices, and increasing network connectivity and data theft.

The global microsegmentation market is expected to grow from USD 670.3 million in 2017 to USD 2,038.7 million by 2022, at a CAGR of 24.9% during the forecast period. Technological advancements, increasing ransom ware attacks on connected devices, and growing usage of security virtualization and cloud computing are some of the factors contributing to the growth of the global microsegmentation market. Increase in the network connectivity and data theft, and need for maintaining safe third party access are expected to further drive the microsegmentation market growth. High cost of advanced security solutions and limited security budgets are the major factors restricting the growth of the microsegmentation market.

The Banking, Financial Services, and Insurance (BFSI) segment is expected to grow at the highest CAGR in the microsegmentation market during the forecast period.

In the Latin American and APAC regions, the BFSI vertical is expected to witness the highest CAGR. This sector is continuously upgrading its processing and transaction technologies, and requires end-to-end security solutions to optimize operations against both internal and external threats. With facilities, such as smart banking, internet banking, and mobile banking, the BFSI vertical is required to prioritize on cyber security. The technological advancements in the industry have attracted the cybercriminals. The industry is facing severe challenges in maintaining application, data, and network security. The attackers are targeting the BFSI IT infrastructure with viruses, spear phishing, malware, and other cyber-attacks. Thus, the industry continuously upgrades its security infrastructure.

Asia Pacific (APAC)is projected to grow at the highest rate during the forecast period.

The APAC region is expected to witness significant growth and is projected to be the fastest-growing region in the the microsegmentation market. APAC has witnessed the advanced and dynamic adoption of new technologies, and it has always been a lucrative market. The APAC region is expected to be one of the fastest-growing markets, as the governments in the APAC countries are continuously investing in the Research and Development (R&D) of microsegmentation services. Increasing IT landscape is boosting the market in this region. In addition, the growing demand for security up gradation and the governments’ efforts to standardize security policies are some of the growth drivers for the microsegmentation market.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profiles of the primary participants is as follows:


  • By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%

  • By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%

  • By Region: North America – 57%, Europe – 14%, APAC – 29%


The microsegmentation market includes various vendors, such as VMware (US), Cisco (US), Unisys (US), vArmour (US), Juniper Networks (US), OPAQ Networks (US), Nutanix (US), Cloudvisory (US), GuardiCore (Israel), ExtraHop (US), ShieldX Networks (US), and Bracket Computing (US).

Research Coverage:

The report includes an in-depth competitive analysis of the key players in the microsegmentation market along with their company profile, recent developments, and key market strategies. The report segments the microsegmentation market by component (software and services),service, security type, deployment type, organization size, vertical, and region.

Reasons to Buy the Report:

The microsegmentation market has been segmented on the basis of components (software and services), services, security types, deployment types, organization size, verticals, and regions.

The report will help market leaders/new entrants in the microsegmentation market in the following ways:


  • The overall microsegmentation market revenue stream has been estimated based on the revenues of the vendors offering microsegmentation services and solutions. It is inclusive of managed and professional services. Further, professional services include consulting and advisory, training and education, support and maintenance, and design and integration services. The report provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split into regions.

  • The report will help the stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.

  • The report will help the stakeholders understand their competitors and gain more insights to improve their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions related to the microsegmentation market.

Microsegmentation Market by Component (Software and Services), Security Type (Network Security, Database Security, and Application Security), Service, Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Microsegmentation Market
4.2 Market By Region (2017 vs 2022)
4.3 Market Investment Scenario (2017–2022)
4.4 Market By Security Type, 2017–2022
4.5 Market Share of the Top 3 Verticals and Regions, 2017

5 Microsegmentation Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Ransomware Attacks on Connected Devices/Systems
5.2.1.2 Increasing Use of Security Virtualization and Cloud Computing
5.2.1.3 Increase in Network Connectivity and Data Theft
5.2.1.4 Maintaining A Safe Third-Party Access
5.2.2 Restraints
5.2.2.1 High Cost of Advanced Security Solutions
5.2.2.2 Limited Security Budgets
5.2.3 Opportunities
5.2.3.1 Stringent Security Laws and Regulations
5.2.3.2 Increasing Growth in the Adoption of Cloud-Based Applications and Services
5.2.4 Challenges
5.2.4.1 Implementation Challenges
5.2.4.2 Lack of Competent Security Professionals
5.3 Use Cases
5.3.1 Cisco Application-Centric Infrastructure Ecosystem Brings Digital Innovation to the Dutch Healthcare
5.3.2 VMware Nsx Helps Western Carolina University By Boosting Security, Intelligent Operations, and Disaster Recovery
5.3.3 Varmour Strengthens Security at the National Institute of Natural Sciences With Microsegmentation
5.3.4 Juniper Networks Helps Symantec Build A Security Multitenant Cloud Platform
5.4 Innovation Spotlight

6 Microsegmentation Market Analysis, By Component
6.1 Introduction
6.2 Software
6.3 Services

7 Microsegmentation Market Analysis, By Service
7.1 Introduction
7.2 Managed Services
7.3 Professional Services
7.3.1 Consulting and Advisory
7.3.2 Training and Education
7.3.3 Support and Maintenance
7.3.4 Design and Integration

8 Microsegmentation Market Analysis, By Security Type
8.1 Introduction
8.2 Network Security
8.3 Database Security
8.4 Application Security

9 Microsegmentation Market Analysis, By Deployment Type
9.1 Introduction
9.2 On-Premises
9.3 Cloud

10 Microsegmentation Market Analysis, By Organization Size
10.1 Introduction
10.2 Small and Medium-Sized Enterprises
10.3 Large Enterprises

11 Microsegmentation Market Analysis, By Vertical
11.1 Introduction
11.2 Government and Defense
11.3 Banking, Financial Services, and Insurance
11.4 IT and Telecom
11.5 Healthcare
11.6 Retail
11.7 Manufacturing
11.8 Energy and Utilities
11.9 Others

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.2.1 United States
12.2.2 Canada
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America

13 Competitive Landscape
13.1 Overview
13.2 Ranking Analysis, By Company
13.3 New Solution Launches
13.4 Partnerships, Agreements, and Collaborations
13.5 Mergers and Acquisitions

14 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
14.1 VMware
14.2 Cisco
14.3 Unisys
14.4 Varmour
14.5 Juniper Networks
14.6 Opaq Networks
14.7 Nutanix
14.8 Cloudvisory
14.9 Guardicore
14.10 Extrahop
14.11 Shieldx Networks
14.12 Bracket Computing

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Industry Excerpts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customizations
15.6 Related Reports
15.7 Author Details

List of Tables

Table 1 Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 2 Software: Market Size, By Region, 2015–2022 (USD Million)
Table 3 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Microsegmentation Market Size, By Service, 2015–2022 (USD Million)
Table 5 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 8 Consulting and Advisory: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Training and Education: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Design and Integration: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Microsegmentation Market Size, By Security Type, 2015–2022 (USD Million)
Table 13 Network Security: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Database Security: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Application Security: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Microsegmentation Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 17 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Microsegmentation Market Size, By Organization Size, 2015–2022 (USD Million)
Table 20 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Microsegmentation Market Size, By Vertical, 2015–2022 (USD Million)
Table 23 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 25 IT and Telecom: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Microsegmentation Market Size, By Region, 2015–2022 (USD Million)
Table 32 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 35 North America: Market Size, By Security Type, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 37 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 39 North America: Market Size, By Country, 2015–2022 (USD Million)
Table 40 United States: Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 41 United States: Market Size, By Service, 2015–2022 (USD Million)
Table 42 United States: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 43 United States: Market Size, By Security Type, 2015–2022 (USD Million)
Table 44 United States: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 45 United States: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 46 United States: Market Size, By Vertical, 2015–2022 (USD Million)
Table 47 Canada: Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 48 Canada: Market Size, By Service, 2015–2022 (USD Million)
Table 49 Canada: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 50 Canada: Market Size, By Security Type, 2015–2022 (USD Million)
Table 51 Canada: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 52 Canada: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 53 Canada: Market Size, By Vertical, 2015–2022 (USD Million)
Table 54 Europe: Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 55 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 56 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 57 Europe: Market Size, By Security Type, 2015–2022 (USD Million)
Table 58 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 59 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 60 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 61 Asia Pacific: Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 62 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 63 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 64 Asia Pacific: Market Size, By Security Type, 2015–2022 (USD Million)
Table 65 Asia Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 66 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 67 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Microsegmentation Market Size, By Component, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 70 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 71 Middle East and Africa: Market Size, By Security Type, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 73 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 74 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 75 Latin America: Market Size, By Component, 2015–2022 (USD Million)
Table 76 Latin America: Microsegmentation Market Size, By Service, 2015–2022 (USD Million)
Table 77 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Security Type, 2015–2022 (USD Million)
Table 79 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 80 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 81 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 82 Market Ranking for the Microsegmentation Market, 2017
Table 83 New Solution Launches, 2015–2017
Table 84 Partnerships, Agreements, and Collaborations, 2015–2017
Table 85 Mergers and Acquisitions, 2015–2017

List of Figures

Figure 1 Microsegmentation Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Market By Region, 2017-2022
Figure 8 Market Segments, 2017
Figure 9 Market By Organization Size, 2017-2022
Figure 10 Increasing Ransomware Attacks on Connected Devices/Systems and Increasing Use of Security Virtualization and Cloud Computing are Driving the Microsegmentation Market
Figure 11 North America is Expected to Hold the Largest Market Size During the Forecast Period
Figure 12 Asia Pacific is Expected to Emerge as the Best Market for Investments in the Next 5 Years
Figure 13 Application Security Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Government and Defense, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 15 Microsegmentation Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Software Segment is Expected to Dominate the Microsegmentation Market During the Forecast Period
Figure 17 North America is Expected to Dominate the Software Segment During the Forecast Period
Figure 18 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 19 Managed Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Support and Maintenance Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Application Security Segment is Expected to Exhibit the Highest CAGR During the Forecast Period
Figure 22 North America is Estimated to Have the Largest Market Share in 2017
Figure 23 On-Premises Deployment Type is Expected to Have A Larger Market Size During the Forecast Period
Figure 24 Large Enterprises Segment is Expected to Have A Larger Market Size During the Forecast Period
Figure 25 Government and Defense Vertical is Expected to Have the Largest Market Size During the Forecast Period
Figure 26 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 27 Asia Pacific is Expected to Exhibit the Highest CAGR in the Microsegmentation Market During the Forecast Period
Figure 28 North America: Market Snapshot
Figure 29 Support and Maintenance Services Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in North America
Figure 30 Banking, Financial Services, and Insurance Vertical is Expected to Exhibit the Highest CAGR During the Forecast Period in North America
Figure 31 Consulting and Advisory Services Segment is Expected to Dominate the Market During the Forecast Period in Europe
Figure 32 Asia Pacific: Market Snapshot
Figure 33 Consulting and Advisory Services Segment is Estimated to Have the Largest Market Share in 2017 in Asia Pacific
Figure 34 Application Security Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in Asia Pacific
Figure 35 Healthcare Vertical is Expected to Exhibit the Highest CAGR During the Forecast Period in Asia Pacific
Figure 36 Support and Maintenance Services Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in Middle East and Africa
Figure 37 Application Security Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in Middle East and Africa
Figure 38 Application Security Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in Latin America
Figure 39 VMware: Company Snapshot
Figure 40 Cisco: Company Snapshot
Figure 41 Unisys: Company Snapshot
Figure 42 Juniper Networks: Company Snapshot
Figure 43 Nutanix: Company Snapshot

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