Global Software-Defined Perimeter (SDP) Market 2019-2023 | Integration of SDP with Blockchain Technology to Boost Growth | Technavio

LONDON–()–The global software-defined perimeter (SDP) market is expected to post a CAGR over 34% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

There is an increase in the number of network attacks such as APTs, man-in-the-middle, and DDoS by hackers and cybercriminals. This is encouraging many enterprises to adopt software-defined perimeter (SDP) because SDP analyzes the incoming traffic and immediately blocks them in case they are malicious in nature. It also automates the process and creates a perimeter for the data center and cloud infrastructure. Thus, the increase in network attacks across the globe will boost the growth of the software-defined perimeter (SDP) market during the forecast period.

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As per Technavio, the increase in the use of SDP with blockchain for improving automotive cybersecurity will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Software-Defined Perimeter (SDP) Market: Increasing Use of SDP with Blockchain for Improving Automotive Cybersecurity

The connected software used in autonomous vehicles is more vulnerable to cyberattacks. This is encouraging many vendors to make strategic alliances to integrate blockchain technology with SDP and use them in autonomous vehicles. The use of SDP in these vehicles provides a secure Internet and in-vehicle links. In addition, the use of blockchain technology along with SDP helps in securing the information that carries the private encryption keys and the status of sensors. Thus, with the growing trend of using SDP with blockchain for improving automotive…

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