The Latin America, Middle East and Africa Software Defined Security Market is expected to witness market growth of 26.30% CAGR during the forecast period (2021-2027).
Software-defined security helps to facilitate the installation of robust security with the help of a controller that is managed by the software of an application. By adopting software-defined security, companies can drastically reduce security attacks and threats. Moreover, this security infrastructure provides visibility of all the information from one source.
Also, the requirement for security solutions has been increased due to the failure of gate security in networks to avoid attackers and breaches. Additionally, the massive penetration of the Internet across the globe is increasing the number of social media scams and malware attacks on mobile phones.
Software defined security enable the controller to have a global network view make this security model highly popular among the companies existing in the regional market. In addition, networks covered under this security model have more number of control capabilities in comparison to conventional networks. Also, many organizations are realizing the higher security offered by the software defined security solutions which is expected to ultimately boost the growth and demand for such solutions in the regional market.
The Brazil market dominated the LAMEA Software Defined Security Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $469.9 Million by 2027. The Argentina market is anticipated to grow at a CAGR of 27% during (2021 - 2027). Additionally, The UAE market is expected to experience a CAGR of 25.7% during (2021 - 2027).
Based on End User, the market is segmented into Telecom Service Providers, Cloud Service Providers and Enterprises. Based on Application, the market is segmented into Application and Mobile Device Security, Virtual Machines/Storage Security/ Servers, Network Security Gateways and Others. Based on Component, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Koninklijke DSM N.V., Kerry Group PLC, DuPont de Nemours, Inc., Associated British Foods PLC (Wittington Investments Limited), Novozymes A/S, Advanced Enzyme Technologies Limited, Amano Enzyme, Inc., Sternenzym GMBH & CO. KG, and Lallemand, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Telecom Service Providers
- Cloud Service Providers and
- Enterprises
By Application
- Application and Mobile Device Security
- Virtual Machines/Storage Security/ Servers
- Network Security Gateways and
- Others
By Component
- Solution
- Component
By Deployment
- On-Premise
- Cloud
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Koninklijke DSM N.V.
- Kerry Group PLC
- DuPont de Nemours, Inc.
- Associated British Foods PLC (Wittington Investments Limited)
- Novozymes A/S
- Advanced Enzyme Technologies Limited
- Amano Enzyme, Inc.
- Sternenzym GMBH & CO. KG
- Lallemand, Inc.
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Table of Contents
Companies Mentioned
- BASF SE
- Koninklijke DSM N.V.
- Kerry Group PLC
- DuPont de Nemours, Inc.
- Associated British Foods PLC (Wittington Investments Limited)
- Novozymes A/S
- Advanced Enzyme Technologies Limited
- Amano Enzyme, Inc.
- Sternenzym GMBH & CO. KG
- Lallemand, Inc.
Methodology
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