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 a method of dividing a network into smaller segments, each with its own security policies and controls. This allows organizations to better control access to their sensitive data and applications, minimizing the potential damage from a cyberattack. By segmenting the network into smaller, more manageable zones, organizations can restrict lateral movement by attackers and contain any potential threats that may arise.

One of the key benefits of microsegmentation is its ability to provide granular control over network traffic. This means that organizations can define specific rules for individual segments, restricting access to only those users and devices that require it. By implementing microsegmentation, organizations can reduce the attack surface of their network, making it more difficult for cybercriminals to penetrate their defenses.

Another important aspect of microsegmentation is its ability to improve visibility and monitoring. By segmenting the network into smaller zones, organizations can more easily monitor and analyze network traffic, identifying any anomalies or suspicious activity. This increased visibility can help organizations detect and respond to potential threats more efficiently, minimizing the impact of a cyberattack.

Furthermore, microsegmentation can also help organizations comply with regulatory requirements and industry standards. By implementing strict access controls and policies, organizations can better protect their sensitive data and ensure compliance with regulations such as GDPR and PCI DSS. This can help organizations avoid costly fines and reputational damage associated with data breaches and non-compliance.

However, while microsegmentation offers many benefits, it is not without its challenges. One of the key challenges of microsegmentation is the complexity of implementation and maintenance. Segmenting a network into smaller zones requires careful planning and coordination, as well as ongoing monitoring and management to ensure that security policies are enforced correctly.

Additionally, microsegmentation can also introduce performance overhead, as every packet of data must be inspected and processed against the defined security policies. This can potentially impact network performance and latency, especially in environments with high data traffic.

Despite these challenges, many organizations are recognizing the benefits of microsegmentation and are investing in this security strategy to enhance their network security posture. By implementing microsegmentation, organizations can improve their ability to detect and respond to cyber threats, protect their sensitive data, and comply with regulatory requirements.

In conclusion, while microsegmentation may not be a silver bullet solution to all cybersecurity challenges, it is a valuable tool that organizations can leverage to enhance their network security. By carefully planning and implementing microsegmentation, organizations can reduce their attack surface, improve visibility and monitoring, and comply with regulatory requirements. As cyber threats continue to evolve and become more sophisticated, microsegmentation can be a critical component of a robust cybersecurity strategy.

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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