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Global Microsegmentation Market To Reach US$ 3,032.3 Million By 2027

Microsegmentation is a security network technique that enables security architect to divide data centers into security segments and reduce individual workload level. This segmentation is used to provide support to security teams to establish control and deliver services for each unique segment of the infrastructure. Security teams are deploying security policies inside data centers using network virtualization technique instead of installing multiple firewalls. Moreover, microsegmentation can also be used to protect virtual machine by installing security application in an enterprise network. Microsegmentation provides many benefits such as reducing risk of cyberattack, improve lateral movement security, implementation of secure policies in data centers & cloud, and improves regulatory compliance posture. Nowadays, cyber security issues have become a major threat for businesses. After analyzing recent threats and cyber security trends, analysts have concluded that huge amount of data breaches have happened from organizations and (IoT) devices. For instance, according to Coherent Market Insights’ analysis, the number of data breaches increased to 4,100 million in the first half of 2019. These factors are expected to facilitate demand for microsegmentation, thereby driving the microsegmentation market growth.