The micro-segmentation market is anticipated to grow at a significant CAGR of 16.2% during the forecast period (2022-2028). Micro-segmentation is a means of isolating and securing workloads in data centers and cloud environments by dividing them into zones. Micro-segmentation has the advantage of integrating security directly into a virtualized workload without the need for a hardware-based firewall. A virtual machine (VM), operating system (OS), or other virtual security targets can be synchronized with policies. As a result, security models may be deployed utilizing a virtualized, software-only method deep inside a data center. The growth of the market is being driven by rising demand for integrated data protection and workload isolation, rising cyber-attacks around the globe, and growing awareness of the benefits of micro-segmentation, such as reduced attack surface, improved lateral movement security, secured critical applications, and improved regulatory compliance posture.
The global micro-segmentation market is segmented based on type and application. Based on the type, the market is sub-segmented into network security, database security, and application security. Based on the application, the market is sub-segmented into government, financial services, communication, health care, retail, manufacturing, energy, and others. Among these applications, the government segment is expected to propel the growth of the market. Government institutions can use micro-segmentation to protect their data from outside attacks. They can manage who can access what type of information and prevent unauthorized users from obtaining sensitive data by segmenting their networks. For government entities that handle classified information or work with sensitive data sets, this level of protection is very crucial. Micro-segmentation may also be used to keep distinct areas of a network separate from one another.
