Microsegmentation refers to the division or segmentation of devices and network segments in organizations to restrict access and movement lateral or East-West across the network. Microsegmentation solutions help isolate critical assets and mitigate threats while allowing applications to communicate with each other. With growing advancements in autonomous vehicle technologies, microsegmentation plays a crucial role in protecting vehicle networks and sensitive data from cyber threats. Autonomous vehicles rely on various sensors and advanced technologies connected through complex networks to perceive the surroundings and drive themselves independently. This increases the risks of cyber-attacks on vehicle control systems, which can hamper vehicle movements and pose serious safety issues. Microsegmentation controls network flows and blocks unauthorized access to critical vehicle systems, thereby enhancing security.
The Global Microsegmentation Market is estimated to be valued at US$ 2682.72 Bn in 2024 and is expected to exhibit a CAGR of 61% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Microsegmentation market are AutoX, Inc., Baidu, BMW AG, Daimler AG, EasyMile, Ford Motor Company, GM Cruise LLC, Hyundai, Tesla, Inc., and Waymo LLC. These players are focusing on developing advanced autonomous driving technologies and strengthening cybersecurity capabilities through microsegmentation solutions.
Key opportunities in the market include growing automotive security issues necessitating microsegmentation, increasing connectivity of vehicles raising risks, and supportive regulations for autonomous vehicles tests and commercialization. Microsegmentation vendors are anticipated to leverage these opportunities by offering customized security solutions for automakers.
Globally, microsegmentation providers are expanding their geographical footprint to capitalize on the surging autonomous vehicle adoption. Major players are enhancing their international presence through partnerships, mergers, and acquisitions. This allows them to cater to a larger customer base, especially in developing markets witnessing rise in autonomous vehicle pilots and initial commercial launches.
Market drivers: Technological advancements in autonomous driving systems integrating various digital components prone to cyber-attacks is a key market driver. Microsegmentation effectively protects critical vehicle networks and passenger data.
Market restraints: Significant investments required for development and testing of scalable microsegmentation solutions specific to automotive industry architecture pose challenges. Issues pertaining to constant technology upgradations and integration complexities also restrain market growth.
Segment Analysis
The microsegmentation market is dominated by the robotics sub segment. Robotics accounts for around 60% of the total microsegmentation market share as of 2024. This is because autonomous robots are increasingly being used for numerous applications such as last mile delivery, warehouse operations, eldercare, and agriculture. They provide safe, efficient, and reliable solutions for tasks that human workers find difficult, dangerous or dull. Within robotics, autonomous vehicles dominate and hold the largest market share. Continued investments by major players such as Tesla, Waymo, GM Cruise are driving the growth of self-driving vehicles.
Global Analysis
North America holds the largest share in the global microsegmentation market and is expected to continue its dominance during the forecast period. This is due to the early adoption of advanced technologies and presence of major players in the region. The US contributes significantly to the North American as well as global microsegmentation market. However, Asia Pacific is emerging as the fastest growing regional market with countries like China and Japan taking active initiatives for development andcommercialization of microsegmentation technologies. Initiatives by regional governments to develop smart infrastructure and promote electric vehicles are fueling the demand. Moreover, increasing investments by global market leaders to tap the opportunities in Asia Pacific is also driving the regional market growth.
Get more Insights on Microsegmentation Market
Microsegmentation allows users to automatically assign workloads to various applications within a data center.
This new approach to automation enables the easy creation of workload assignments in an environment with simplified monitoring capabilities.
One main advantage of micro-segmenting is its integration with VDI/DVDS.
It also reduces the need for expensive VDI based or otherwise server-side applications that may be slower than their remote counterparts.
With the use of VDI/DVDS, control of the virtualized workload level is easier.
By combining VDI and microsegmentation, the administrator can effectively isolate tasks for higher performance and throughput.
According to new market research report on "Microsegmentation Market by Component (Software and Services),Security Type (Network Security, Database Security, and Application Security), Service, Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022",The global microsegmentation market size is expected to grow from USD 670.3 Million in 2017 to USD 2,038.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period.
The major factors driving the growth of the microsegmentation market include increase in network connectivity and data theft, and maintaining safe third-party access.Browse and in-depth TOC on “Microsegmentation Market” 85 - Tables 43 - Figures 142 - Pages Ask For PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213178740The counseling and warning administrations section is required to have the biggest market measure in the microsegmentation market amid the gauge time frame.Counseling and warning administrations assume a huge job in accomplishing the zero trust security display through microsegmentation.
They give key bits of knowledge to the operational, authoritative, and innovative change to different verticals relying on their necessities.
In addition, these administrations offer an imaginative administration layer structure to help set up a cutting edge security design.The oversaw administrations section is relied upon to develop at the most elevated CAGR amid the gauge time frame.Overseen administrations are in effect quickly embraced by created nations, for example, the US and Canada.
Overseen administrations incorporate all the pre-and post-organization questions and needs of the clients.
These administrations may incorporate arranging, structuring, testing, coordination, upkeep, and backing.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
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Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
