27 May 2019, 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.

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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.

Geographically, market is segmented as North America, Europe, Asia Pacific and Middle East & Africa. Owing to the developing IT infrastructure and growing number of data centers, North America followed by Asia Pacific are expected to dominate micro-segmentation solutions market in the years to come. The major players in this market are vArmour, Cisco, Vmware, Juniper Networks, and Unisys.

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27 May 2019, The global managed network services market is subject to witness a substantial growth due to the growing demand for cloud of security solutions systems for enterprises and performing primary business operations. The recent technological advancement in cloud services industry such as development of wireless sensor network technology is propelling market growth in the recent years.

In addition, shifting trends towards of Internet of Things (IoT) technology, soaring in demand for high performance & secure systems, and growing penetration of smartphones across the globe are anticipated to fuel the growth of market over the forecast period. Globally, the market is predicted to grow at a CAGR of 4.80% in the forecast period, providing numerous opportunities for market players to invest for research and development in the managed network services market.

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Increasing adoption of managed network services is attributed to the mounting implementation of the multi-tenancy cloud approaches amongst enterprises, centralized program agencies, easier installation of circulated business processes, and uniform scalability and cheaper functional costs. The other key reasons thrusting the development of this sector constitutes the advantages like addition of centralized visibility and governing high cloud services.

A managed network services diminish the threats to the data secrecy and residency landmines with smart access management and automated security analysis. A managed network services incapacitates multi-tenancy security flaws by separating various business processes from shared environment. A managed network services allows only permitted access to database by securing access controls.

The market is broadly categorized into two major segments based on the application type such as telecommunication sector and IT vertical. The IT vertical was looked upon as one of the fastest growing segment in the managed network services with substantial revenue generation in the last few years. Growing popularity of managed network services the IT services segment is attributed to the network security services with data backup solutions.

The managed network services market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies, increase in the number of research & development activities in the region and existence of well-established IT infrastructure. Asia-Pacific region is predicted to hold the major market share in the managed network services with massive growth in forecast period.

Countries such as China, Singapore, India, and Australia are leading the Asia-Pacific market with better security compliant offerings by vendors, growing need for enhanced control and visibility mechanisms, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the managed network services are 3T systems, Acropolis Technology Group, Inc., AT&T, Inc., Cisco Systems, Inc., Aricent, Inc., Huawei Technologies Co., Ltd., Glowpoint, Inc., Hewlett and Packard (HP) Enterprises, Ericsson Ltd., Nokia Co., Alcatel-Lucent S.A., and International Business Machines (IBM) Co.

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