Microsegmentation Statistics


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Microsegmentation Statistics 2023: Facts about Microsegmentation outlines the context of what’s happening in the tech world.

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Top Microsegmentation Statistics 2023

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Microsegmentation “Latest” Statistics

  • ICT expenditure in major nations like the U.S. has decreased in the first half of 2020 as a result of the U.S. and worldwide tech market growth slowing down to about 2% , but it is anticipated to increase in the second half.[1]
  • IoT Analytics Research estimates that by 2020, there will be 22,000 million linked devices transmitting data online.[2]
  • The data security council of India said that between 2016 and 2018, India was the second most often hit nation by cyberattacks.[2]
  • For instance, a research by Coherent Market Insights’ found that in the first half of 2019, there were 4,100 million data breaches.[2]
  • For instance, according to Palo Alto Networks Inc, by the end of March 20, more than 40,000 suspiciously registered domain names were found.[2]
  • In terms of value, the North America region owned the biggest portion of the worldwide microsegmentation market in 2019 with a 45.2% share.[2]
  • The market for microsegmentation was assessed at $983.6 Mn in 2019 and is anticipated to grow at a CAGR of 24.9% from 2020 to 2027 to reach $3,032.3 Mn.[2]
  • The microsegmentation market had revenues of USD 576.1 million in 2016 and is anticipated to grow at a compound annual growth rate of 24.9% to reach revenues of USD 2,038.7 million by 2022.[3]

Also Read

How Useful is Microsegmentation

At its core, microsegmentation is the practice of dividing a network into smaller, more manageable segments in order to increase security and flexibility. By creating these smaller segments, organizations can better protect sensitive data and mitigate the impact of potential cyberattacks. This granular approach to network security allows organizations to enforce strict access controls, reducing the risk of lateral movement by attackers within the network.

One of the key benefits of microsegmentation is its ability to limit the blast radius in the event of a security breach. By containing security incidents to a specific segment of the network, organizations can prevent the spread of malware and limit the potential damage caused by attackers. This compartmentalization of network resources adds an extra layer of defense that can prove invaluable in protecting critical data and infrastructure.

Furthermore, microsegmentation enables organizations to comply with regulatory requirements by enforcing access controls and monitoring network traffic. This level of visibility and control is essential for maintaining regulatory compliance and demonstrating due diligence in safeguarding sensitive information. By segmenting the network and implementing security policies at the application level, organizations can ensure that only authorized users and devices are able to access specific resources.

Another advantage of microsegmentation is its ability to enhance network performance and scalability. By isolating different applications and workloads, organizations can optimize network traffic and allocate resources more efficiently. This improves overall network performance and reduces the risk of congestion or bottlenecks that can hinder productivity. Additionally, microsegmentation provides organizations with the flexibility to quickly adapt and scale their network architecture as their business needs evolve.

Despite these benefits, microsegmentation is not without its challenges. Implementing and managing microsegmentation can be a complex and resource-intensive process, requiring specialized expertise and careful planning. Organizations must carefully design their segmentation strategy, taking into account the unique requirements of their applications, users, and infrastructure. Failure to properly configure and maintain segmentation policies can lead to compatibility issues, connectivity problems, and potential security vulnerabilities.

Furthermore, the effectiveness of microsegmentation relies heavily on the visibility and monitoring capabilities of network security solutions. Organizations must invest in advanced security tools that can provide real-time insights into network traffic and detect anomalies that may indicate a security threat. Without the right tools and technologies, microsegmentation alone may not be enough to protect against sophisticated cyber threats.

In conclusion, microsegmentation is a powerful tool that can significantly enhance network security and resilience. By dividing the network into smaller segments and implementing strict access controls, organizations can better protect their data and infrastructure from cyber threats. While the implementation of microsegmentation may pose challenges, the benefits of increased security, compliance, performance, and scalability make it a worthwhile investment for organizations looking to bolster their cybersecurity defenses.

Reference


  1. alliedmarketresearch – https://www.alliedmarketresearch.com/micro-segmentation-technology-market-A08595
  2. coherentmarketinsights – https://www.coherentmarketinsights.com/market-insight/microsegmentation-market-4235
  3. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/microsegmentation-market-213178740.html
  4. networkworld – https://www.networkworld.com/article/3247672/what-is-microsegmentation-how-getting-granular-improves-network-security.html

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