Micro-segmentation Solutions Market to Record a CAGR of 28.04%, AlgoSec Inc. and Arista Networks Inc. Among Key Vendors - Technavio

NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Micro-segmentation is a security solution that assigns fine-grained security policies to each workload of cloud platforms, as well as data center applications, to enhance the security of a system across a complete network. It plays a crucial role in reducing the problem of cyberattacks and data breaches.

The micro-segmentation solutions market size is expected to grow by USD 3.61 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 28.04% during the forecast period. 

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Micro-segmentation Solutions Market 2022-2026: Scope

The micro-segmentation solutions market report covers the following areas:

Micro-segmentation Solutions Market 2022-2026: Vendor Analysis

AlgoSec Inc., Arista Networks Inc., August Schell, Cisco Systems Inc., Cloudvisory LLC, ColorTokens Inc., Dell International Services India Pvt. Ltd., ExtraHop Networks Inc., Extreme Networks Inc., FireEye Inc., Fortinet Inc., Guardicore Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Illumioa Inc., Juniper Networks Inc., Nutanix Inc., Unisys Corp., Varmour Networks Inc., and VMware Inc. are among some of the major market participants. The key of a few of these vendors are listed below:

  • AlgoSec Inc. - The company offers micro segmentation solutions that include Firewall Analyzer, AlgoSec Fireflow, AlgoSec Cloud, CloudFlow, ObjectFlow, AppViz, AlgoBot.
  • Arista Networks Inc. - The company offers micro segmentation solutions that provides arista macro segmentation service firewall capability for cloud vision allowing next-generation firewalls to be deployed automatically for specific workloads and workflows across modern overlay network virtualization fabrics.
  • August Schell - The company offers micro segmentation solutions that enable smarter monitoring, enhance analytics capabilities, identify anomalies, and optimize IT operations.
  • Cisco Systems Inc. - The company offers micro segmentation solutions that help to reduce attack surfaces, prevent the lateral movement of threats to contain breaches, strengthen regulatory compliance and secure zones across cloud and data center environments to isolate application workloads from one another and secure them individually.
  • Dell International Services India Pvt. Ltd. - The company offers micro segmentation solutions that include network firewalls, next-generation firewalls, database firewalls, cloud firewalls, web application firewalls, and container firewalls, which help in creating zones in data centers and cloud environments to isolate workloads from one another and secure them.

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Micro-segmentation Solutions Market 2022-2026: Segmentation

  • Product
    • Services: The services segment will contribute the highest market share growth during the forecast period. Factors such as growing investments of enterprises in managed and professional services to enhance their security controls will drive the growth of the market.
    • Software
  • Geography
    • North America: North America will account for 43% of the market's growth during the forecast period. This growth is attributed to factors such as significant increase in the investment in IT security owing to rising security concerns of enterprises across industries in the US and Canada. Moreover, market growth in this region will be faster than the growth of the market in other regions. The US is a key country in the micro-segmentation solutions market in North America.
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Micro-segmentation Solutions Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist micro-segmentation solutions market growth during the next five years
  • Estimation of the micro-segmentation solutions market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the micro-segmentation solutions market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of micro-segmentation solutions market vendors

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Micro-segmentation Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 28.04%

Market growth 2022-2026

USD 3.61 billion

Market structure

Fragmented

YoY growth (%)

27.22

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AlgoSec Inc., Arista Networks Inc., August Schell, Cisco Systems Inc., Cloudvisory LLC, ColorTokens Inc., Dell International Services India Pvt. Ltd., ExtraHop Networks Inc., Extreme Networks Inc., FireEye Inc., Fortinet Inc., Guardicore Ltd., Hewlett Packard Enterprise Co., Huawei technologies Co. Ltd., Illumioa Inc., Juniper Networks Inc., Nutanix Inc., Unisys Corp., Varmour Networks Inc., and VMware Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Services - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Services - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Services - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Services - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Services - Year-over-year growth 2021-2026 (%)
  • 5.4 Software - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Software - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Software - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Software - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Software - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 UK - Market size and forecast 2021-2026
    • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 China - Market size and forecast 2021-2026
    • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 AlgoSec Inc.
    • Exhibit 89: AlgoSec Inc. - Overview
    • Exhibit 90: AlgoSec Inc. - Product / Service
    • Exhibit 91: AlgoSec Inc. - Key offerings
  • 10.4 Arista Networks Inc.
    • Exhibit 92: Arista Networks Inc. - Overview
    • Exhibit 93: Arista Networks Inc. - Product / Service
    • Exhibit 94: Arista Networks Inc. - Key offerings
  • 10.5 August Schell
    • Exhibit 95: August Schell - Overview
    • Exhibit 96: August Schell - Product / Service
    • Exhibit 97: August Schell - Key offerings
  • 10.6 Cisco Systems Inc.
    • Exhibit 98: Cisco Systems Inc. - Overview
    • Exhibit 99: Cisco Systems Inc. - Business segments
    • Exhibit 100: Cisco Systems Inc. - Key news
    • Exhibit 101: Cisco Systems Inc. - Key offerings
    • Exhibit 102: Cisco Systems Inc. - Segment focus
  • 10.7 ColorTokens Inc.
    • Exhibit 103: ColorTokens Inc. - Overview
    • Exhibit 104: ColorTokens Inc. - Key offerings
  • 10.8 Dell International Services India Pvt. Ltd.
    • Exhibit 105: Dell International Services India Pvt. Ltd. - Overview
    • Exhibit 106: Dell International Services India Pvt. Ltd. - Product / Service
    • Exhibit 107: Dell International Services India Pvt. Ltd. - Key offerings
  • 10.9 ExtraHop Networks Inc.
    • Exhibit 108: ExtraHop Networks Inc. - Overview
    • Exhibit 109: ExtraHop Networks Inc. - Product / Service
    • Exhibit 110: ExtraHop Networks Inc. - Key news
    • Exhibit 111: ExtraHop Networks Inc. - Key offerings
  • 10.10 Extreme Networks Inc.
    • Exhibit 112: Extreme Networks Inc. - Overview
    • Exhibit 113: Extreme Networks Inc. - Business segments
    • Exhibit 114: Extreme Networks Inc. - Key offerings
    • Exhibit 115: Extreme Networks Inc. - Segment focus
  • 10.11 FireEye Inc.
    • Exhibit 116: FireEye Inc. - Overview
    • Exhibit 117: FireEye Inc. - Business segments
    • Exhibit 118: FireEye Inc. - Key offerings
    • Exhibit 119: FireEye Inc. - Segment focus
  • 10.12 Fortinet Inc.
    • Exhibit 120: Fortinet Inc. - Overview
    • Exhibit 121: Fortinet Inc. - Product / Service
    • Exhibit 122: Fortinet Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 123: Inclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 124: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 125: Research methodology
    • Exhibit 126: Validation techniques employed for market sizing
    • Exhibit 127: Information sources
  • 11.5 List of abbreviations
    • Exhibit 128: List of abbreviations
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