#Software Defined Perimeter (SDP) sector

[cybersecurityict]

Software Defined Perimeter Market Size, Share, Analysis, Forecast, Growth 2032: Demand Trends Across Key Sectors

Software Defined Perimeter Market was valued at USD 7.0 billion in 2023 and is expected to reach USD 56.9 Billion by 2032, growing at a CAGR of 26.19% from 2024-2032.

The Software Defined Perimeter (SDP) market is rapidly emerging as a pivotal technology in reshaping modern cybersecurity frameworks. By eliminating traditional perimeter-based defenses and implementing a dynamic, identity-driven access model, SDP offers unmatched protection against sophisticated threats. This innovative approach enables organizations to reduce attack surfaces, secure remote access, and safeguard cloud infrastructure with greater agility and precision. As cyber threats evolve in complexity, enterprises are increasingly adopting SDP solutions to enhance control, visibility, and trust across distributed IT environments.

Software Defined Perimeter Market hyper-connected digital ecosystem, the Software Defined Perimeter market stands at the forefront of a new era in cybersecurity. Organizations across industries are turning to SDP to enforce strict access control by verifying users and devices before granting access to critical resources. With zero-trust models becoming the gold standard, SDP solutions are no longer optional but essential tools in every cybersecurity strategy. The paradigm shift from legacy systems to software-defined, cloud-centric infrastructure continues to drive the relevance and growth of the SDP market.

Get Sample Copy of This Report: https://www.snsinsider.com/sample-request/3700 

Market Keyplayers:

Cisco Systems, Inc. - Cisco

Check Point Software Technologies Ltd. - Check Point

Palo Alto Networks, Inc. - Palo Alto Networks

Akamai Technologies, Inc. - Akamai

Zscaler, Inc. - Zscaler

Broadcom Inc. (Symantec Corporation) - Broadcom

Fortinet, Inc. - Fortinet

Juniper Networks, Inc. - Juniper Networks

IBM Corporation - IBM

Cloudflare, Inc. - Cloudflare

Google LLC (BeyondCorp) - Google

Microsoft Corporation (Azure AD Conditional Access) - Microsoft

Intel Corporation - Intel

Okta, Inc. - Okta

Forcepoint LLC - Forcepoint

Unisys Corporation - Unisys

AppGate, Inc. - AppGate

F5 Networks, Inc. - F5

Perimeter 81 - Perimeter 81

Centrify Corporation (now Delinea) - Delinea

Market Analysis The SDP market is experiencing significant momentum fueled by increased adoption of cloud services, remote work models, and the growing frequency of cyberattacks. Companies are prioritizing agile security frameworks capable of adapting to dynamic IT landscapes. SDP meets these needs by enabling micro-segmentation, invisible infrastructure, and continuous user verification. As a result, the market is witnessing participation from both established cybersecurity vendors and emerging tech innovators, intensifying competition and fostering technological advancements.

Market Trends

Rise in demand for zero-trust network access (ZTNA)

Growing integration of SDP with identity and access management (IAM) platforms

Expansion of SDP applications across hybrid and multi-cloud environments

Increasing use of AI and machine learning for adaptive security controls

Surge in adoption by small and medium-sized enterprises (SMEs) for cost-effective security

Market Scope The scope of the Software Defined Perimeter market extends across a wide range of industries including finance, healthcare, IT, manufacturing, and government sectors. Its flexibility and scalability allow for tailored implementations, whether for securing IoT ecosystems, protecting remote users, or ensuring compliance in regulated sectors. As enterprises shift toward decentralized operations and virtual infrastructures, SDP solutions are proving critical in enabling secure digital transformation strategies globally.

Market Forecast The future outlook for the SDP market remains highly promising, marked by rapid innovation and broader market penetration. Adoption is expected to expand as businesses become more aware of the limitations of perimeter-based security and recognize the value of software-defined access controls. Continued investments in research and development are anticipated to enhance solution capabilities, reduce deployment complexities, and streamline integration with existing systems. As digital ecosystems grow more complex, SDP is set to play a foundational role in securing the modern enterprise.

Access Complete Report: https://www.snsinsider.com/reports/software-defined-perimeter-market-3700 

Conclusion As cyber threats become more advanced and traditional defenses falter, the Software Defined Perimeter market offers a bold new approach to security—one that is resilient, flexible, and built for the future. Its rise signals a strategic pivot in how organizations think about trust, access, and protection. For stakeholders looking to future-proof their digital infrastructure, investing in SDP is not just a security measure—it's a transformative move toward smarter, safer operations in the digital age.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

[techfuturemrfr]

Software Defined Perimeter Industry Comparative Analysis, Trends, Technology, Status, Demands and Segmentation by Forecast

Market Synopsis

The data analysts at Market Research Future Reports (MRFR) have revealed that the global software-defined perimeter market is projected to thrive at a promising CAGR of 35% during the assessment period from 2017 to 2023. The actuating need for programmable security architecture is anticipated to influence the global software-defined perimeter market 2020. Besides, the growing adoption of cloud-based applications is a pivotal factor leading to the market expansion during the assessment period. In addition, the absence of macroeconomic factors and cybersecurity talent is another significant factor resulting in market expansion. However, the condition for deploying SDP and lack of awareness of security is likely to impede the market expansion during the assessment period.

Also, COVID-19 has resulted in a significant change in global market dynamics. Precise research is being conducted on the aftermath of coronavirus on the global software-defined perimeter market. Various markets are influenced owing to the spread of coronavirus. We will provide an impact analysis report on COVID-19.

Market Segmentation

The worldwide software-defined perimeter market can be divided into enforcement point, organization size, components, deployment, end-users, and geography.

On the basis of enforcement point, the worldwide software-defined perimeter market can be classified into gateway & end-point, and controller.

.On the basis of organization size, the worldwide software-defined perimeter market can be classified into mall & medium enterprises and large enterprises.

On the basis of components, the worldwide software-defined perimeter market can be divided into solutions & service. Solutions can be further divided into visualization, risk analytics, ids, access control, IPS, and data loss prevention.

On the basis of deployment, the worldwide software-defined perimeter market can be classified into cloud and on-premise.

On the basis of end-users, the worldwide software-defined perimeter market can be classified into telecommunications and IT, BFSI, hospitality, retail & wholesales, transportation and logistics, healthcare and life science, media and entertainment, and others.

On the basis of geography, the worldwide software-defined perimeter market can be divided into Asia Pacific, North America, Europe, and Rest of the World (RoW).

Get a FREE Report Sample – https://www.marketresearchfuture.com/sample_request/5453

Geographical Analysis

The data experts at MRFR have thoroughly analyzed regions such as Asia Pacific, Europe, North America, and Rest of the World (RoW). The evaluation says that the market is estimated to expand significantly during the assessment period. The evaluation states that the worldwide market is anticipated to be led by North America. North America is anticipated to seize the maximum market share in the global software-defined perimeter market. The region is well-established and technically advanced across several sectors which gives superiority to the region. Furthermore, the region consists of the established players who contribute substantially in market expansion. In addition, the adoption of innovative technology is another factor resulting in market expansion during the assessment period.  On the other side, the Asia-Pacific is speculated to be the swiftest expanding region due to the presence of several small and medium enterprises that willingly adopt the new technologies. Also, the presence of emerging economies like China and India are projected to make substantial participation in expanding the market.

However, the spread of COVID-19 is predicted to bring significant changes in market dynamics.

Key Players

The distinguished players of the global software-defined perimeter market are TrustedPassage (U.S.), Symantec Corporation (U.S.),  Cisco Systems, Inc. (U.S.), Check Point Software Technologies Ltd. (Israel), Intel Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Palo Alto Networks (U.S.), Juniper Networks, Inc. (U.S.), Certes Networks, Inc. (U.S.), Vidder, Inc. (U.S.), Catbird, Inc. (U.S.).Cryptzone North America Inc. (U.S.), and VeloCloud Networks, Inc. (U.S.) and others.

Access Complete Report @ https://www.marketresearchfuture.com/reports/software-defined-perimeter-market-5453

[jaypals-world]

Remote Access Solutions Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2022- 2030

The global remote access solutions market size reached USD 2.1 Billion in 2021 and is expected to register a revenue CAGR of 15.8% during the forecast period, according to latest analysis by Emergen Research. Increasing technological advancements with rapid growth of 5G cellular network coverage are key factors driving market revenue growth. Rapid adoption of BYOD policy in businesses and organizations, spurred by the COVID-19 pandemic, has increased traction of remote access solutions trends such as remote productivity tracking, video conferencing tools, and virtual workspaces.

Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Remote Access Solutions Market.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/1021

Some Key Highlights From the Report

Large enterprises segment accounted for a significantly robust revenue share in 2021. Increasing focus on employee productivity and security in data-driven companies are key factor driving growth of the segment. Steady adoption of scalable remote access solutions such as Software-Defined Perimeter (SDP) and Secure Access Service Edge (SASE) offering enterprise-level performance and security is driving revenue growth of the segment. High-quality user experience and efficiency are important factors in large enterprises for a smooth workflow and adoption of more advanced solutions is expected to continue over the forecast period.

Cloud-based segment revenue is expected to increase at a significantly steady rate over the forecast period. Demand for cloud-based remote access solutions has been increasing owing to better security than on-premise where many applications require access of the client on the user’s machine and installation of software, which can be a vulnerability point after the work is done. Rapid digital transformation has increased demand for remote access solutions, especially in the education sector. Provision for timely and secure access to computer resources of high-end and expensive desktop software such as AutoCAD and InDesign, among others, are some of the major factors supporting demand for cloud-based remote access solutions.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/remote-access-solutions-market

Leading Companies of the Remote Access Solutions Industry and Profiled in the Report are:

ConnectWise, LLC., VMware, Inc., GoTo, TeamViewer, Microsoft, AnyDesk Software GmbH, Splashtop Inc., Zoho Corporation Pvt. Ltd., BeyondTrust Corporation, and Kaseya Limited.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/remote-access-solutions-market

Emergen Research has segmented the global remote access solutions market on the basis of enterprise size, deployment mode, end-use, and region:

Small & Medium Enterprises

Large Enterprises

On-Premise

Cloud

BFSI

Healthcare

Retail

Government

IT & Telecommunications

Manufacturing

Others

Regional Analysis:

The report sheds light on the region expected to dominate the Remote Access Solutions market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Remote Access Solutions market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1021

Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

Explore More Emergen Research Report @ www.emergenresearch.com

nutraceutical ingredients market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/nutraceutical-ingredients-market

flying car market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/flying-car-market

cloud database security market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/cloud-database-security-market

energy and utilities analytics market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/energy-and-utilities-analytics-market

camouflage coatings market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/camouflage-coatings-market

smart commercial drones market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/smart-commercial-drones-market

Remote Access Solutions Market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/remote-access-solutions-market

Aircraft Seals Market-https://www.google.com.bd/url?q=https://www.emergenresearch.com/industry-report/aircraft-seals-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Facebook | LinkedIn | Twitter | Blogs

Read Full Press Release @ https://www.emergenresearch.com/press-release/global-remote-access-solutions-market

[gmiresearch]

Software Defined Perimeter Market Research Report

Software Defined Perimeter Market

The GMI Research's latest analysis reveals that the Software Defined Perimeter Market is slated to register a higher CAGR over the coming years. This is mainly due to the increasing adoption of cloud technology and the rising need for scalable and programmable security architecture. The emerging trend of Bring Your Own Devices (BYOD) is further driving the market growth.

Request for a FREE Sample Report on Software Defined Perimeter Market

Software Defined Perimeter Market’s leading Manufacturers:

·         Check Point Software Technologies Ltd.

·         Cisco Systems

·         Palo Alto Networks

·         Intel Corporation

·         Fortinet, Inc.

·         Akamai Technologies

·         Okta

·         Proofpoint

·         Verizon

·         Cato Networks

Software Defined Perimeter Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

Some of the major factors that are contributing to the growth of the global software defined perimeter market size include the increasing adoption of cloud technology and the rising need for scalable and programmable security architecture. The introduction of the Internet of Things (IoT) and the emergence of Bring Your Own Devices (BYOD) trends are further driving the market growth. Software defined perimeter (SNP) enables small organizations to provide controllable, protected, and reactive access to networked systems. It is cheaper and easier to deploy SDP as compared to other fire and other technologies. SNP prevents several forms of attacks such as Man-in-the-Middle (MITM), Distributed Denial of Service (DDoS), Server Query, and Advanced Persistent Threat (APT). Various companies are deploying Multi Factor Authentication (MFA) and Virtual Point-to-Point (VPN) for the management of the global supply chain.

The presence of several leading companies, which include Cisco Systems, Inc., Check Point Software Technologies Ltd., Fortinet Inc., Intel Corporation, and other companies, are supporting the market growth. Cisco Systems, Inc., announced to produce next generation and hyperconnected car. Thus, the growing focus of global giants is another factor that is propelling the growth of the software defines perimeter market share in terms of revenue.  

Component Segment Drivers

Based on the component, security compliance and policy management is expected to witness a faster CAGR during the forecast period. The SPD solution offers centralized security compliance and policy management solutions by automating the entire security compliance and policy management process deployed via appliances, software, and hosted SaaS. It saves money and time and increases productivity by enabling the businesses to focus on major tasks.

Deployment Mode Segment Drivers

Based on the deployment mode, the cloud segment is expected to grow at a higher CAGR during the forecast period. The cloud systems utilize the technology in an efficient way and enables easy sharing of infrastructure through users and offices. It offers higher scalability and reduces the cost of implementation, which is further surging the segment growth.

Regional Drivers

Based on the region, North America is expected to grow at a higher CAGR during the forecast period. This region is the most advanced region in terms of security technology adoption and infrastructure. Moreover, the rising adoption of software defined perimeter, especially among large organizations as they offer higher performance, better efficiency, and avoid data insecurity during heavy traffic network.  

Software Defined Perimeter Market Segmentation:

Segmentation by Component:

·         Solutions

·         Services

Segmentation by Connectivity:

·         Controller

·         Gateway

·         End Point

Segmentation by Deployment Mode:

·         On-Premises

·         Cloud

Segmentation by Organization Size:

·         Large Enterprises

·         Small and Medium-Sized Enterprises

Segmentation by User Type:

·         Government and Defense

·         IT and Telecom

·         Banking, Financial Services and Insurance

·         Manufacturing

·         Healthcare

·         Retail and Ecommerce

·         Others

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

[esglatestmarketnews]

Software Defined Perimeter Market Opportunity, Status and Forecast Analysis Report till 2025

March 10, 2021: With reference to the statement published by the authorities the scope of the global Software Defined Perimeter (SDP) Market was projected at US$ 2.12 billion in 2017 and is anticipated to touch US$ 10.25 billion by 2025. It is expected to increase by a CAGR of 18.4% during the period of forecast.

The Software Defined Perimeter (SDP) is a safety centered methodology that reduces network centered attacks. This is a system of safe keeping. It is utilized with the intention of configure, control and manage the information deprived of the participation of human being. This system is accepted over strategy focused and programmable security design. The compensations of a software defined perimeter are the capability to access the layer of application along with the ability to hide. The model of it is going through greater demand precisely in the sector of communal security. It outstrips the old-style tools’ deficiencies by way of generating a custom-made and active restrain for every single user. The structure of Software Defined Perimeter makes certain that entire endpoints trying to access some structure are official and authenticated beforehand receiving admission to any of the resources within the grid.

Request a Free Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/software-defined-perimeter-sdp-market/request-sample

Drivers:

Growing acceptance of cloud centered technology, necessity of accessible and programmable security structural design, strict protocols and compliance of the data are expected to motivate the development.

The most important reason accountable for the development of the global software defined perimeter market is the increasing necessity for the technologies of advanced security between the enterprises. Right now, the greater demand for software defined perimeter resolutions is motivated by a number of enterprise uses comprising hybrid, virtual, on premise and cloud. The structure of software defined perimeter permits administrations to make more efficient operations regarding the security of applications and verification of users. The structure of software defined perimeter provides to the set of particular users’ the right of entry to the information in the enterprise organization. To encounter the greater demand especially for simplification in the substructure of security, a number of end-use businesses are greatly accepting solutions of software defined perimeter. Furthermore, the growing demand for cloud centered solutions is likewise expected to influence positively on the development of the global market for software-defined perimeter during the period of approaching years.

Restraints:

Then again, absence of cognizance about security breaches and greater necessities for software defined perimeter deployment are some of the issues restrictive for the development of the global software defined perimeter (SDP) industry to some range. Furthermore, greater acceptance of freeway security applications is additionally hampering the development of the global market.

Classification:

The global software-defined perimeter market can be classified by Application, Organization, Deployment, Enforcement Point and Region. By Application it can be classified as: Government, E-commerce & Retail, Telecom & IT, Healthcare, BFSI, Defense, IT-Enabled Services (ITES), Cloud service providers, Media & entertainment and others. By Organization, it can be classified as: Large Enterprises, Small and Medium Enterprises (SMEs) By Deployment, it can be classified as: Cloud, On Premise. By Enforcement Point, it can be classified as: End-Point, Gateway and Controller.

Regional Lookout:

By Region the global software-defined perimeter industry can be classified as North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, North America detained the biggest share of market. Due to the acceptance of software defined perimeter large enterprises propose efficiency and greater performance along with an insecurity of the data above the substantial traffic network.

Asia Pacific is projected to increase by the speedy percentage during the period of forecast. The state grasps the base of retailers, telecom service suppliers, E- commerce and others. Likewise the area holds the noticeable number of startups. These startups are expected to implement cloud centered resolutions during the period of approaching years. Similarly, the increasing necessity to protect the data, strict rules, and altering BYOD inclinations are likely to motivate the market during the period of forecast.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/software-defined-perimeter-sdp-market

Companies:

Some of the important companies for software defined perimeter market are: Palo Alto Networks Inc., Certes Networks Inc., Check Point Software Technologies Ltd., Fortinet Inc., Cisco Systems Inc., EMC RSA, Catbird Networks Inc., Symantec Corporation, Juniper Networks, Intel Corporation between others. Additional notable companies are: Trusted Passage, Vidder Inc., Dell EMC, Velo Deployment Networks, Crypt zone North America Inc., Juniper Networks Inc. and others.

Market Segment:

Software Defined Perimeter Enforcement Point Outlook (Revenue, USD Million, 2015 - 2025)

 • Gateway

 • Controller

 • End-Point

Software Defined Perimeter Deployment Outlook (Revenue, USD Million, 2015 - 2025)

 • On-Premise

 • Cloud

Software Defined Perimeter Organization Outlook (Revenue, USD Million, 2015 - 2025)

 • Small and Medium Enterprises

 • Large Enterprises

Software Defined Perimeter Application Outlook (Revenue, USD Million, 2015 - 2025)

 • Defense

 • Telecom & IT

 • BFSI

 • eCommerce & Retail

 • Healthcare

 • Government

 • Others

Software Defined Perimeter Regional Outlook (Revenue, USD Million, 2015 - 2025)

 • North America

   • U.S.

   • Canada

   • Mexico

 • Europe

   • U.K.

   • Germany

   • France

 • Asia Pacific

   • China

   • India

   • Japan

 • South America

   • Brazil

 • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

[blogtechfuturemrfrworld]

Software Defined Perimeter Market Leading Growth Drivers, Emerging Audience, Segments, Sales, Trends & Analysis | Impact of COVID-19

Market Synopsis

The data analysts at Market Research Future Reports (MRFR) have revealed that the global software-defined perimeter market is projected to thrive at a promising CAGR of 35% during the assessment period from 2017 to 2023. The actuating need for programmable security architecture is anticipated to influence the global software-defined perimeter market 2020. Besides, the growing adoption of cloud-based applications is a pivotal factor leading to the market expansion during the assessment period. In addition, the absence of macroeconomic factors and cybersecurity talent is another significant factor resulting in market expansion. However, the condition for deploying SDP and lack of awareness of security is likely to impede the market expansion during the assessment period.

Also, COVID-19 has resulted in a significant change in global market dynamics. Precise research is being conducted on the aftermath of coronavirus on the global software-defined perimeter market. Various markets are influenced owing to the spread of coronavirus. We will provide an impact analysis report on COVID-19.

Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/4908

Geographical Analysis

The data experts at MRFR have thoroughly analyzed regions such as Asia Pacific, Europe, North America, and Rest of the World (RoW). The evaluation says that the market is estimated to expand significantly during the assessment period. The evaluation states that the worldwide market is anticipated to be led by North America. North America is anticipated to seize the maximum market share in the global software-defined perimeter market. The region is well-established and technically advanced across several sectors which gives superiority to the region. Furthermore, the region consists of the established players who contribute substantially in market expansion. In addition, the adoption of innovative technology is another factor resulting in market expansion during the assessment period.  On the other side, the Asia-Pacific is speculated to be the swiftest expanding region due to the presence of several small and medium enterprises that willingly adopt the new technologies. Also, the presence of emerging economies like China and India are projected to make substantial participation in expanding the market.

However, the spread of COVID-19 is predicted to bring significant changes in market dynamics.

Access Complete Report @ https://www.marketresearchfuture.com/reports/software-defined-data-center-market-4908

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.

Contact: Market Research Future 528, Amanora Chambers, Magarpatta Road, Hadapsar Pune – 411028, Maharashtra, India Email: sales@marketresearchfuture.com

[newinnovationalmarketresearch]

Software Defined Perimeter Market 2025 Report by Price Trend, Size Estimation and Opportunities

With reference to the statement published by the authorities the scope of the global Software Defined Perimeter (SDP) Market was projected at US$ 2.12 billion in 2017 and is anticipated to touch US$ 10.25 billion by 2025. It is expected to increase by a CAGR of 18.4% during the period of forecast.

 The Software Defined Perimeter (SDP) is a safety centered methodology that reduces network centered attacks. This is a system of safe keeping. It is utilized with the intention of configure, control and manage the information deprived of the participation of human being. This system is accepted over strategy focused and programmable security design. The compensations of a software defined perimeter are the capability to access the layer of application along with the ability to hide. The model of it is going through greater demand precisely in the sector of communal security. It outstrips the old-style tools’ deficiencies by way of generating a custom-made and active restrain for every single user. The structure of Software Defined Perimeter makes certain that entire endpoints trying to access some structure are official and authenticated beforehand receiving admission to any of the resources within the grid.

 Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/software-defined-perimeter-sdp-market/request-sample

 Market Synopsis of Software Defined Perimeter Market:

 Growing acceptance of cloud centered technology, necessity of accessible and programmable security structural design, strict protocols and compliance of the data are expected to motivate the development.

 The most important reason accountable for the development of the global software defined perimeter market is the increasing necessity for the technologies of advanced security between the enterprises. Right now, the greater demand for software defined perimeter resolutions is motivated by a number of enterprise uses comprising hybrid, virtual, on premise and cloud. The structure of software defined perimeter permits administrations to make more efficient operations regarding the security of applications and verification of users. The structure of software defined perimeter provides to the set of particular users’ the right of entry to the information in the enterprise organization. To encounter the greater demand especially for simplification in the substructure of security, a number of end-use businesses are greatly accepting solutions of software defined perimeter. Furthermore, the growing demand for cloud centered solutions is likewise expected to influence positively on the development of the global market for software-defined perimeter during the period of approaching years.

 Restraints:

 Then again, absence of cognizance about security breaches and greater necessities for software defined perimeter deployment are some of the issues restrictive for the development of the global software defined perimeter (SDP) industry to some range. Furthermore, greater acceptance of freeway security applications is additionally hampering the development of the global market.

 View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/software-defined-perimeter-sdp-market

 Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Software Defined Perimeter: Market Variables, Trends & Scope              

Chapter 4 Software Defined Perimeter: Product Estimates & Trend Analysis

Chapter 5 Software Defined Perimeter: Application Estimates & Trend Analysis

Chapter 6 Software Defined Perimeter: End-use Estimates & Trend Analysis

Chapter 7 Software Defined Perimeter: Industrial End-use Estimates & Trend Analysis

Chapter 8 Software Defined Perimeter: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Software Defined Perimeter: Manufacturers Company Profiles

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

[futuremarket]

Software Defined Perimeter Market Size Data Trends Global Demand, Sales, Consumption and Forecasts to 2025 (SARS-CoV-2, Covid-19 Analysis)

Software Defined Perimeter Market Size   

A new market study, titled “Software Defined Perimeter Market Size ” has been featured on Market Research Future.

The data analysts at Market Research Future Reports (MRFR) have revealed that the global software-defined perimeter market is projected to thrive at a promising CAGR of 35% during the assessment period from 2017 to 2023. The actuating need for programmable security architecture is anticipated to influence the global software-defined perimeter market 2020. Besides, the growing adoption of cloud-based applications is a pivotal factor leading to the market expansion during the assessment period. In addition, the absence of macroeconomic factors and cybersecurity talent is another significant factor resulting in market expansion. However, the condition for deploying SDP and lack of awareness of security is likely to impede the market expansion during the assessment period.

FREE PDF@ https://www.marketresearchfuture.com/sample_request/5453

Also, COVID-19 has resulted in a significant change in global market dynamics. Precise research is being conducted on the aftermath of coronavirus on the global software-defined perimeter market. Various markets are influenced owing to the spread of coronavirus. We will provide an impact analysis report on COVID-19.

Market Segmentation

The worldwide software-defined perimeter market can be divided into enforcement point, organization size, components, deployment, end-users, and geography.

On the basis of enforcement point, the worldwide software-defined perimeter market can be classified into gateway & end-point, and controller.

.On the basis of organization size, the worldwide software-defined perimeter market can be classified into mall & medium enterprises and large enterprises.

On the basis of components, the worldwide software-defined perimeter market can be divided into solutions & service. Solutions can be further divided into visualization, risk analytics, ids, access control, IPS, and data loss prevention.

On the basis of deployment, the worldwide software-defined perimeter market can be classified into cloud and on-premise.

On the basis of end-users, the worldwide software-defined perimeter market can be classified into telecommunications and IT, BFSI, hospitality, retail & wholesales, transportation and logistics, healthcare and life science, media and entertainment, and others.

On the basis of geography, the worldwide software-defined perimeter market can be divided into Asia Pacific, North America, Europe, and Rest of the World (RoW).

Geographical Analysis

The data experts at MRFR have thoroughly analyzed regions such as Asia Pacific, Europe, North America, and Rest of the World (RoW). The evaluation says that the market is estimated to expand significantly during the assessment period. The evaluation states that the worldwide market is anticipated to be led by North America. North America is anticipated to seize the maximum market share in the global software-defined perimeter market. The region is well-established and technically advanced across several sectors which gives superiority to the region. Furthermore, the region consists of the established players who contribute substantially in market expansion. In addition, the adoption of innovative technology is another factor resulting in market expansion during the assessment period.  On the other side, the Asia-Pacific is speculated to be the swiftest expanding region due to the presence of several small and medium enterprises that willingly adopt the new technologies. Also, the presence of emerging economies like China and India are projected to make substantial participation in expanding the market.

However, the spread of COVID-19 is predicted to bring significant changes in market dynamics.

Key Players

The distinguished players of the global software-defined perimeter market are TrustedPassage (U.S.), Symantec Corporation (U.S.),  Cisco Systems, Inc. (U.S.), Check Point Software Technologies Ltd. (Israel), Intel Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Palo Alto Networks (U.S.), Juniper Networks, Inc. (U.S.), Certes Networks, Inc. (U.S.), Vidder, Inc. (U.S.), Catbird, Inc. (U.S.).Cryptzone North America Inc. (U.S.), and VeloCloud Networks, Inc. (U.S.) and others.

More Information@ https://www.marketresearchfuture.com/reports/software-defined-perimeter-market-5453

About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

[aartimuleict]

Software Defined Perimeter Market Size, Share and Future, Prediction 2025

The software defined perimeter (SDP) market is expected to reach US$12,247.9 mn in evaluation by 2025 end, clocking a robust 30.9% CAGR. The market was valued at US$1,129.5 mn in 2016. It is expected to continue its robust growth, thanks to rising challenges with IT security, collaboration, access, and incorporation of technologies like cloud.

The SDP solutions promise to provide a stable and robust access to IT firms without the need to deploy their individual security teams, which are expected to reduce costs significantly, and cater to growing demand of a mobile workforce.

Request Sample pages of premium Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16916

An Overview of Security Challenges

Recent history of security hacks present a challenging picture for enterprises around the globe. Here are some major incidences which shook the world.

In November 2018, the US department of Justice indicted two men which used SamSam ransom ware. These two men caused Medstar Health, and Hollywood Presbyterian Medical Center to lose more than $30 million. Despite their indictment, these losses were separate from their extortion payments.

Jackson County, in Georgia paid $400,000 to hackers to avoid attack of ransom ware. Similar attacks were witnessed in 2019 by Albany in New York, Imperial county in California, Greenville city in North Carolina, and Augusta, Maine.

It was reported that over 5 million TSL servers can be impacted as a handling code of the Exim mail transfer agent was leaked to hackers.

Key Trends in the SDP Market

The large sum of losses, extortion payments, and potential liabilities are expected to deter many enterprises to avail the SDP solutions. Additionally, despite the threats it is unlikely that small counties, and enterprises will be able to upgrade their infrastructure in time to meet the potential security threats. Moreover, the SDP model is a highly secure one. It was developed on the back of Defense Information Systems Agency’s work. It promises the most secure way to access on a need-to-know basis for outsiders. Hence, authentication requires extremely high security which is expected to boost growth of the software defined perimeter market in the near future.

The growth of cloud is also expected to drive significant growth for the software defined perimeter market in the near future. Major technogy companies like Google, Microsoft, and Amazon are betting big on cloud. Additionally, the large investments to outdo each other are expected to keep costs low during the foecast perid. This is expected to be a major boon for the software defined perimeter market. Additionally, many enterprises are looking for over the cloud solutions to access apps, and tools in order to simplify processes. Apart from the security, these are expected to be a major boon for the software defined perimeter market in the near future.

Among its end-users, the software defined perimeter market caters to a wide range of sectors. These including manufacturing, BFSI, healthcare, IT, Telecom, and defense as well. Among these, the BFSI, defense, IT and Telecom are expected to drive the largest growth for the SDP market in the near future. The growing demand for secure solutions in the banking sector, and increased reliance on the IT sector to cater to consumer preferences are expected to drive major growth for the SDP market in the near future.

Cloud-based deployment is expected to gain major traction over, thanks to their scalability, and cost-effectiveness. More enterprises are expected to opt for cloud solutions as on-premise continues to remain far more expensive in comparison. This is expected to drive healthy growth for the SDP market during the forecast period.  

The above review is based on a TMR report, titled, “Software Defined Perimeter (SDP) Market (Application - Security and Authentication; Component - Software and Services (Consulting, System Integration and Operation & Maintenance); End-use - BFSI, IT & Telecom, Manufacturing, Defense, Healthcare, Government, Education; Deployment Type - Cloud(Public, Private and Hybrid) and On-premise) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”.

Request for covid19 Impact Analysis -  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=16916

[techfuturemrfr]

Software Defined Perimeter Industry Global Size, Growth, Industry Analysis, Share, Merger, Sales, Competitive Landscape and Key Country

Market Synopsis

The data analysts at Market Research Future Reports (MRFR) have revealed that the global software-defined perimeter market is projected to thrive at a promising CAGR of 35% during the assessment period from 2017 to 2023. The actuating need for programmable security architecture is anticipated to influence the global software-defined perimeter market 2020. Besides, the growing adoption of cloud-based applications is a pivotal factor leading to the market expansion during the assessment period. In addition, the absence of macroeconomic factors and cybersecurity talent is another significant factor resulting in market expansion. However, the condition for deploying SDP and lack of awareness of security is likely to impede the market expansion during the assessment period.

Also, COVID-19 has resulted in a significant change in global market dynamics. Precise research is being conducted on the aftermath of coronavirus on the global software-defined perimeter market. Various markets are influenced owing to the spread of coronavirus. We will provide an impact analysis report on COVID-19.

Market Segmentation

The worldwide software-defined perimeter market can be divided into enforcement point, organization size, components, deployment, end-users, and geography.

On the basis of enforcement point, the worldwide software-defined perimeter market can be classified into gateway & end-point, and controller.

.On the basis of organization size, the worldwide software-defined perimeter market can be classified into mall & medium enterprises and large enterprises.

Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/4908

On the basis of components, the worldwide software-defined perimeter market can be divided into solutions & service. Solutions can be further divided into visualization, risk analytics, ids, access control, IPS, and data loss prevention.

On the basis of deployment, the worldwide software-defined perimeter market can be classified into cloud and on-premise.

On the basis of end-users, the worldwide software-defined perimeter market can be classified into telecommunications and IT, BFSI, hospitality, retail & wholesales, transportation and logistics, healthcare and life science, media and entertainment, and others.

On the basis of geography, the worldwide software-defined perimeter market can be divided into Asia Pacific, North America, Europe, and Rest of the World (RoW).

Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/4908

Geographical Analysis

The data experts at MRFR have thoroughly analyzed regions such as Asia Pacific, Europe, North America, and Rest of the World (RoW). The evaluation says that the market is estimated to expand significantly during the assessment period. The evaluation states that the worldwide market is anticipated to be led by North America. North America is anticipated to seize the maximum market share in the global software-defined perimeter market. The region is well-established and technically advanced across several sectors which gives superiority to the region. Furthermore, the region consists of the established players who contribute substantially in market expansion. In addition, the adoption of innovative technology is another factor resulting in market expansion during the assessment period.  On the other side, the Asia-Pacific is speculated to be the swiftest expanding region due to the presence of several small and medium enterprises that willingly adopt the new technologies. Also, the presence of emerging economies like China and India are projected to make substantial participation in expanding the market.

However, the spread of COVID-19 is predicted to bring significant changes in market dynamics.

Key Players

The distinguished players of the global software-defined perimeter market are TrustedPassage (U.S.), Symantec Corporation (U.S.),  Cisco Systems, Inc. (U.S.), Check Point Software Technologies Ltd. (Israel), Intel Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Palo Alto Networks (U.S.), Juniper Networks, Inc. (U.S.), Certes Networks, Inc. (U.S.), Vidder, Inc. (U.S.), Catbird, Inc. (U.S.).Cryptzone North America Inc. (U.S.), and VeloCloud Networks, Inc. (U.S.) and others.

Access Complete Report @ https://www.marketresearchfuture.com/reports/software-defined-data-center-market-4908

[workfromhom]

A look back at the Israeli cyber security industry in

Yoav Leitersdorf Contributor

Yoav Leitersdorf is a partner at YL Ventures.

More posts by this contributor

A look back at the Israeli cyber security industry in

Trends in Israel’s cybersecurity investments

Ofer Schreiber Contributor

Ofer Schreiber is a partner at YL Ventures.

More posts by this contributor

The state of Israel’s cybersecurity market

Trends in Israel’s cybersecurity investments

2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches. And as the world becomes increasingly connected (cars and medical devices, among others), attack vectors are evolving and exposures multiply.

The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.

Growing seed rounds chasing greenfield opportunities

In 2018, the total amount of funding for Israeli cybersecurity companies across all stages grew 22 percent year-over-year to $1.03B. This closely matched the funding trends of 2016 and 2017 that each saw 23 percent year-over-year growth in funding amount. At the same time, 2018 saw 66 new companies founded, an increase of 10 percent over 2017, which represented a rebound after a dip last year (60 new companies in 2017 vs. 83 in 2016). Notably, average seed round increased to $3.6M in 2018 from $3.3M in 2017. 2018 marked the fifth consecutive year the size of Israeli cyber seed rounds grew. Since 2014, the average seed round size has increased 80 percent.

With industry growth metrics of Israeli cybersecurity up across the board in 2018, 2017’s dip in new cyber startups appears to have been an outlier. Not only does entrepreneurial interest in cyber look to be on the rise, investor enthusiasm, especially at the early stages, signals a market brimming with opportunity. Growing round sizes are interesting, but more revealing is following where this capital is flowing.

Emerging fields supplanting “traditional” technologies

The top emerging fields among new startups in 2018 included new verticals within IoT security, security for blockchain and cryptocurrencies, cloud-native security and SDP (Software Defined Perimeter). These nascent verticals drew considerably more attention than more “traditional” cyber sectors such as network security, email security and endpoint protection. Of all the emerging sectors, IoT drew the most investment with funding reaching $229.5M across all stages. What makes IoT particularly interesting is its continual branching into various new sub-domains including automotive, drones and medical devices.

Shai Morag, CEO and co-founder of Secdo, an Israeli cybersecurity firm acquired for $100M by Palo Alto Networks in mid-2018, sees these trends accelerating. “Innovation is going to keep happening in these areas for the next few years. We’ll also see innovation in third-party supply-chain risk assessment and management. Another wide-open field for innovation is SMBs. They are an underserved market hungry for full-stack solutions. These emerging fields are where I’m seeing the most excitement.”

Breaking out data on seed round funding into cyber startups targeting emerging vs. traditional markets reveals an even more pronounced growth trend. 2018’s aggressive early stage funding rounds disproportionately focused on companies pursuing emerging fields within cybersecurity. Of the 33 seed rounds raised in 2018, 20 (61 percent) went to companies in emerging fields. Even more striking, the sum of all seed rounds for emerging tech companies in 2018 was $79M, a 76 percent year-over-year increase. The numbers are clear, there is overwhelming investor interest in emerging cyber tech.

For example, the two largest seed funding rounds this year were in the IoT security domain. VDOO, founded by ex-Cyvera entrepreneurs (acquired by Palo Alto Networks in 2014 for $200M) and which develops security solutions for IoT vendors, raised an abnormally high seed round of $13M. Toka Cyber has secured $12.5M seed funding from Andreessen Horowitz and others, to develop and expand their IoT cybersecurity platform for governmental agencies. Twistlock, a pioneer developer of cloud-native security solutions raised $33M series C this year. BigID which protects sensitive data in light of GDPR and other privacy regulations raised both A ($14M) and B ($30M) rounds during 2018.

As the more traditional cybersecurity markets continue to consolidate and mature, prospects dim for “me too” cyber startups. We see that the industry still faces pressing problems in need of innovative solutions. Looming labor shortages, GDPR and other global data privacy legislation and the IoT explosion, are major challenges presenting substantial opportunities to incumbents able to provide relief. Investors and entrepreneurs sense greenfield opportunities on the horizon and are racing to plant their flags before the competition. This new divergent ecosystem is more selective of sophisticated, savvy investors and specialized, seasoned entrepreneurs.

Greenfields, not green founders

In 2018, 60 percent of founders had more than a decade’s worth of experience in the private sector–a 28 percent increase from 2017. The experience of these more seasoned founders came mostly from working in startups either as an executive or as an entrepreneur. Although Israel’s cybersecurity ecosystem relies heavily on the technical training potential entrepreneurs receive during service in the Israeli Defense Forces (IDF), in 2018, the proportion of founders coming straight out of the IDF fell to 2 percent, dropping from 10 percent the year before.

While nearly all Israeli founders leverage the skills and know-how acquired in the IDF’s various technological units, the need for experience from the private sector, either as an executive or an employee, seems to be more prevalent. Larger seed checks and larger ambitions are fuelling this push for more mature, veteran founders. Rising founders are not simply looking to build a novel technology and score a lucrative acquihire exit from an existing giant–they want to push into greenfield territory and stake a market-leading claim all their own.

Amichai Shulman, co-founder & former CTO of Imperva and a Venture Advisor at YL Ventures, gives such founders aiming to “own a market” the following advice: “Make sure you’re able to explain – primarily to yourselves – how your offering and product becomes something bigger than what it inherently is in the beginning. Be able to articulate how you expand (in the future) further into organizations, not just by ‘selling more’ but by solving bigger and more general problems.”

Cyber exits continue to overperform

Beyond general trends, 2018 also had many exciting individual exits. Checkpoint-Dome9 and CyberArk-Vaultive were notable because both acquirer and acquiree were Israeli — a mark of true market maturity. The acquisition of Sygnia by Singaporean holding giant Temasek also was remarkable because it shows that the Israeli cyber market continues to attract new classes and kinds of global strategic players each year. In addition, Thoma Bravo’s  $2.1B acquisition of Israeli cyber firm Imperva made waves throughout the industry.

Tsahy Shapsa, co-founder of Cloudlock, which was acquired by Cisco in 2016 for $293M, reflected on the potential he sees coming from growing global investment. “From an entrepreneurial perspective, there is a constant dilemma between short-/mid-term exits and building a legacy company. As funding floods into Israel from around the world, temptation to sell early only increases. But all these exits have an advantage. They grow the pool of experienced, ‘repeat’ entrepreneurs and set the stage for more legacy companies to originate locally.” Zohar Alon, CEO and co-founder of Dome9 Security, which was acquired by Checkpoint in 2018 for $175M added the following guidance: “Israeli entrepreneurs should establish and maintain a constant communication channel with the local corporate development leaders, same as most do with the VC community focusing on product and go-to-market synergies.”

Israeli cybersecurity maintaining momentum

In 2018, investors became more domain-focused and preferred emerging fields. With traditional cybersecurity consolidating, emerging greenfields signal much stronger potential. Furthermore, growth continued both in cybersecurity startups as well as their fundraising across all stages, indicating rising confidence in the Israeli cybersecurity market.

The 2018 Israeli cybersecurity market boasted an excellent exit climate, highlighted not only by Imperva’s large-scale acquisition but also by the diversity in the types of players in the space. As such, the local cybersecurity market signals its ability to create and nurture large-scale security vendors, thereby attracting variety of both international and local players which continue identifying and capitalizing opportunities in this domain. For 2018, as has been the case for many years past, the state of the cyber nation is strong–and 2019 appears to promise more of the same.

from Facebook – TechCrunch https://tcrn.ch/2VsQ9ot via IFTTT

[un-enfant-immature]

A look back at the Israeli cyber security industry in

Yoav Leitersdorf Contributor

Yoav Leitersdorf is a partner at YL Ventures.

More posts by this contributor

A look back at the Israeli cyber security industry in

Trends in Israel’s cybersecurity investments

Ofer Schreiber Contributor

Ofer Schreiber is a partner at YL Ventures.

More posts by this contributor

The state of Israel’s cybersecurity market

Trends in Israel’s cybersecurity investments

2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches. And as the world becomes increasingly connected (cars and medical devices, among others), attack vectors are evolving and exposures multiply.

The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.

Growing seed rounds chasing greenfield opportunities

In 2018, the total amount of funding for Israeli cybersecurity companies across all stages grew 22 percent year-over-year to $1.03B. This closely matched the funding trends of 2016 and 2017 that each saw 23 percent year-over-year growth in funding amount. At the same time, 2018 saw 66 new companies founded, an increase of 10 percent over 2017, which represented a rebound after a dip last year (60 new companies in 2017 vs. 83 in 2016). Notably, average seed round increased to $3.6M in 2018 from $3.3M in 2017. 2018 marked the fifth consecutive year the size of Israeli cyber seed rounds grew. Since 2014, the average seed round size has increased 80 percent.

With industry growth metrics of Israeli cybersecurity up across the board in 2018, 2017’s dip in new cyber startups appears to have been an outlier. Not only does entrepreneurial interest in cyber look to be on the rise, investor enthusiasm, especially at the early stages, signals a market brimming with opportunity. Growing round sizes are interesting, but more revealing is following where this capital is flowing.

Emerging fields supplanting “traditional” technologies

The top emerging fields among new startups in 2018 included new verticals within IoT security, security for blockchain and cryptocurrencies, cloud-native security and SDP (Software Defined Perimeter). These nascent verticals drew considerably more attention than more “traditional” cyber sectors such as network security, email security and endpoint protection. Of all the emerging sectors, IoT drew the most investment with funding reaching $229.5M across all stages. What makes IoT particularly interesting is its continual branching into various new sub-domains including automotive, drones and medical devices.

Shai Morag, CEO and co-founder of Secdo, an Israeli cybersecurity firm acquired for $100M by Palo Alto Networks in mid-2018, sees these trends accelerating. “Innovation is going to keep happening in these areas for the next few years. We’ll also see innovation in third-party supply-chain risk assessment and management. Another wide-open field for innovation is SMBs. They are an underserved market hungry for full-stack solutions. These emerging fields are where I’m seeing the most excitement.”

Breaking out data on seed round funding into cyber startups targeting emerging vs. traditional markets reveals an even more pronounced growth trend. 2018’s aggressive early stage funding rounds disproportionately focused on companies pursuing emerging fields within cybersecurity. Of the 33 seed rounds raised in 2018, 20 (61 percent) went to companies in emerging fields. Even more striking, the sum of all seed rounds for emerging tech companies in 2018 was $79M, a 76 percent year-over-year increase. The numbers are clear, there is overwhelming investor interest in emerging cyber tech.

For example, the two largest seed funding rounds this year were in the IoT security domain. VDOO, founded by ex-Cyvera entrepreneurs (acquired by Palo Alto Networks in 2014 for $200M) and which develops security solutions for IoT vendors, raised an abnormally high seed round of $13M. Toka Cyber has secured $12.5M seed funding from Andreessen Horowitz and others, to develop and expand their IoT cybersecurity platform for governmental agencies. Twistlock, a pioneer developer of cloud-native security solutions raised $33M series C this year. BigID which protects sensitive data in light of GDPR and other privacy regulations raised both A ($14M) and B ($30M) rounds during 2018.

As the more traditional cybersecurity markets continue to consolidate and mature, prospects dim for “me too” cyber startups. We see that the industry still faces pressing problems in need of innovative solutions. Looming labor shortages, GDPR and other global data privacy legislation and the IoT explosion, are major challenges presenting substantial opportunities to incumbents able to provide relief. Investors and entrepreneurs sense greenfield opportunities on the horizon and are racing to plant their flags before the competition. This new divergent ecosystem is more selective of sophisticated, savvy investors and specialized, seasoned entrepreneurs.

Greenfields, not green founders

In 2018, 60 percent of founders had more than a decade’s worth of experience in the private sector–a 28 percent increase from 2017. The experience of these more seasoned founders came mostly from working in startups either as an executive or as an entrepreneur. Although Israel’s cybersecurity ecosystem relies heavily on the technical training potential entrepreneurs receive during service in the Israeli Defense Forces (IDF), in 2018, the proportion of founders coming straight out of the IDF fell to 2 percent, dropping from 10 percent the year before.

While nearly all Israeli founders leverage the skills and know-how acquired in the IDF’s various technological units, the need for experience from the private sector, either as an executive or an employee, seems to be more prevalent. Larger seed checks and larger ambitions are fuelling this push for more mature, veteran founders. Rising founders are not simply looking to build a novel technology and score a lucrative acquihire exit from an existing giant–they want to push into greenfield territory and stake a market-leading claim all their own.

Amichai Shulman, co-founder & former CTO of Imperva and a Venture Advisor at YL Ventures, gives such founders aiming to “own a market” the following advice: “Make sure you’re able to explain – primarily to yourselves – how your offering and product becomes something bigger than what it inherently is in the beginning. Be able to articulate how you expand (in the future) further into organizations, not just by ‘selling more’ but by solving bigger and more general problems.”

Cyber exits continue to overperform

Beyond general trends, 2018 also had many exciting individual exits. Checkpoint-Dome9 and CyberArk-Vaultive were notable because both acquirer and acquiree were Israeli — a mark of true market maturity. The acquisition of Sygnia by Singaporean holding giant Temasek also was remarkable because it shows that the Israeli cyber market continues to attract new classes and kinds of global strategic players each year. In addition, Thoma Bravo’s  $2.1B acquisition of Israeli cyber firm Imperva made waves throughout the industry.

Tsahy Shapsa, co-founder of Cloudlock, which was acquired by Cisco in 2016 for $293M, reflected on the potential he sees coming from growing global investment. “From an entrepreneurial perspective, there is a constant dilemma between short-/mid-term exits and building a legacy company. As funding floods into Israel from around the world, temptation to sell early only increases. But all these exits have an advantage. They grow the pool of experienced, ‘repeat’ entrepreneurs and set the stage for more legacy companies to originate locally.” Zohar Alon, CEO and co-founder of Dome9 Security, which was acquired by Checkpoint in 2018 for $175M added the following guidance: “Israeli entrepreneurs should establish and maintain a constant communication channel with the local corporate development leaders, same as most do with the VC community focusing on product and go-to-market synergies.”

Israeli cybersecurity maintaining momentum

In 2018, investors became more domain-focused and preferred emerging fields. With traditional cybersecurity consolidating, emerging greenfields signal much stronger potential. Furthermore, growth continued both in cybersecurity startups as well as their fundraising across all stages, indicating rising confidence in the Israeli cybersecurity market.

The 2018 Israeli cybersecurity market boasted an excellent exit climate, highlighted not only by Imperva’s large-scale acquisition but also by the diversity in the types of players in the space. As such, the local cybersecurity market signals its ability to create and nurture large-scale security vendors, thereby attracting variety of both international and local players which continue identifying and capitalizing opportunities in this domain. For 2018, as has been the case for many years past, the state of the cyber nation is strong–and 2019 appears to promise more of the same.

[reportsandmarkets]

2018-2025 Software Defined Perimeter (SDP) Report on Global and United States Market, Status and Forecast, by Players, Types and Applications

2018-2025 Software Defined Perimeter (SDP) Report on Global and United States Market, Status and Forecast, by Players, Types and Applications

Global  Software Defined Perimeter (SDP) Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Software Defined Perimeter (SDP) Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.   For Sample report @…

[williamsjoan]

A look back at the Israeli cyber security industry in

Yoav Leitersdorf Contributor

Yoav Leitersdorf is a partner at YL Ventures.

More posts by this contributor

Trends in Israel’s cybersecurity investments

The drone race is off and running, with Israel in the lead

Ofer Schreiber Contributor

Ofer Schreiber is a partner at YL Ventures.

More posts by this contributor

Trends in Israel’s cybersecurity investments

The drone race is off and running, with Israel in the lead

2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches. And as the world becomes increasingly connected (cars and medical devices, among others), attack vectors are evolving and exposures multiply.

The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.

Growing seed rounds chasing greenfield opportunities

In 2018, the total amount of funding for Israeli cybersecurity companies across all stages grew 22 percent year-over-year to $1.03B. This closely matched the funding trends of 2016 and 2017 that each saw 23 percent year-over-year growth in funding amount. At the same time, 2018 saw 66 new companies founded, an increase of 10 percent over 2017, which represented a rebound after a dip last year (60 new companies in 2017 vs. 83 in 2016). Notably, average seed round increased to $3.6M in 2018 from $3.3M in 2017. 2018 marked the fifth consecutive year the size of Israeli cyber seed rounds grew. Since 2014, the average seed round size has increased 80 percent.

With industry growth metrics of Israeli cybersecurity up across the board in 2018, 2017’s dip in new cyber startups appears to have been an outlier. Not only does entrepreneurial interest in cyber look to be on the rise, investor enthusiasm, especially at the early stages, signals a market brimming with opportunity. Growing round sizes are interesting, but more revealing is following where this capital is flowing.

Emerging fields supplanting “traditional” technologies

The top emerging fields among new startups in 2018 included new verticals within IoT security, security for blockchain and cryptocurrencies, cloud-native security and SDP (Software Defined Perimeter). These nascent verticals drew considerably more attention than more “traditional” cyber sectors such as network security, email security and endpoint protection. Of all the emerging sectors, IoT drew the most investment with funding reaching $229.5M across all stages. What makes IoT particularly interesting is its continual branching into various new sub-domains including automotive, drones and medical devices.

Shai Morag, CEO and co-founder of Secdo, an Israeli cybersecurity firm acquired for $100M by Palo Alto Networks in mid-2018, sees these trends accelerating. “Innovation is going to keep happening in these areas for the next few years. We’ll also see innovation in third-party supply-chain risk assessment and management. Another wide-open field for innovation is SMBs. They are an underserved market hungry for full-stack solutions. These emerging fields are where I’m seeing the most excitement.”

Breaking out data on seed round funding into cyber startups targeting emerging vs. traditional markets reveals an even more pronounced growth trend. 2018’s aggressive early stage funding rounds disproportionately focused on companies pursuing emerging fields within cybersecurity. Of the 33 seed rounds raised in 2018, 20 (61 percent) went to companies in emerging fields. Even more striking, the sum of all seed rounds for emerging tech companies in 2018 was $79M, a 76 percent year-over-year increase. The numbers are clear, there is overwhelming investor interest in emerging cyber tech.

For example, the two largest seed funding rounds this year were in the IoT security domain. VDOO, founded by ex-Cyvera entrepreneurs (acquired by Palo Alto Networks in 2014 for $200M) and which develops security solutions for IoT vendors, raised an abnormally high seed round of $13M. Toka Cyber has secured $12.5M seed funding from Andreessen Horowitz and others, to develop and expand their IoT cybersecurity platform for governmental agencies. Twistlock, a pioneer developer of cloud-native security solutions raised $33M series C this year. BigID which protects sensitive data in light of GDPR and other privacy regulations raised both A ($14M) and B ($30M) rounds during 2018.

As the more traditional cybersecurity markets continue to consolidate and mature, prospects dim for “me too” cyber startups. We see that the industry still faces pressing problems in need of innovative solutions. Looming labor shortages, GDPR and other global data privacy legislation and the IoT explosion, are major challenges presenting substantial opportunities to incumbents able to provide relief. Investors and entrepreneurs sense greenfield opportunities on the horizon and are racing to plant their flags before the competition. This new divergent ecosystem is more selective of sophisticated, savvy investors and specialized, seasoned entrepreneurs.

Greenfields, not green founders

In 2018, 60 percent of founders had more than a decade’s worth of experience in the private sector–a 28 percent increase from 2017. The experience of these more seasoned founders came mostly from working in startups either as an executive or as an entrepreneur. Although Israel’s cybersecurity ecosystem relies heavily on the technical training potential entrepreneurs receive during service in the Israeli Defense Forces (IDF), in 2018, the proportion of founders coming straight out of the IDF fell to 2 percent, dropping from 10 percent the year before.

While nearly all Israeli founders leverage the skills and know-how acquired in the IDF’s various technological units, the need for experience from the private sector, either as an executive or an employee, seems to be more prevalent. Larger seed checks and larger ambitions are fuelling this push for more mature, veteran founders. Rising founders are not simply looking to build a novel technology and score a lucrative acquihire exit from an existing giant–they want to push into greenfield territory and stake a market-leading claim all their own.

Amichai Shulman, co-founder & former CTO of Imperva and a Venture Advisor at YL Ventures, gives such founders aiming to “own a market” the following advice: “Make sure you’re able to explain – primarily to yourselves – how your offering and product becomes something bigger than what it inherently is in the beginning. Be able to articulate how you expand (in the future) further into organizations, not just by ‘selling more’ but by solving bigger and more general problems.”

Cyber exits continue to overperform

Beyond general trends, 2018 also had many exciting individual exits. Checkpoint-Dome9 and CyberArk-Vaultive were notable because both acquirer and acquiree were Israeli — a mark of true market maturity. The acquisition of Sygnia by Singaporean holding giant Temasek also was remarkable because it shows that the Israeli cyber market continues to attract new classes and kinds of global strategic players each year. In addition, Thoma Bravo’s  $2.1B acquisition of Israeli cyber firm Imperva made waves throughout the industry.

Tsahy Shapsa, co-founder of Cloudlock, which was acquired by Cisco in 2016 for $293M, reflected on the potential he sees coming from growing global investment. “From an entrepreneurial perspective, there is a constant dilemma between short-/mid-term exits and building a legacy company. As funding floods into Israel from around the world, temptation to sell early only increases. But all these exits have an advantage. They grow the pool of experienced, ‘repeat’ entrepreneurs and set the stage for more legacy companies to originate locally.” Zohar Alon, CEO and co-founder of Dome9 Security, which was acquired by Checkpoint in 2018 for $175M added the following guidance: “Israeli entrepreneurs should establish and maintain a constant communication channel with the local corporate development leaders, same as most do with the VC community focusing on product and go-to-market synergies.”

Israeli cybersecurity maintaining momentum

In 2018, investors became more domain-focused and preferred emerging fields. With traditional cybersecurity consolidating, emerging greenfields signal much stronger potential. Furthermore, growth continued both in cybersecurity startups as well as their fundraising across all stages, indicating rising confidence in the Israeli cybersecurity market.

The 2018 Israeli cybersecurity market boasted an excellent exit climate, highlighted not only by Imperva’s large-scale acquisition but also by the diversity in the types of players in the space. As such, the local cybersecurity market signals its ability to create and nurture large-scale security vendors, thereby attracting variety of both international and local players which continue identifying and capitalizing opportunities in this domain. For 2018, as has been the case for many years past, the state of the cyber nation is strong–and 2019 appears to promise more of the same.

A look back at the Israeli cyber security industry in published first on https://timloewe.tumblr.com/

[theinvinciblenoob]

Yoav Leitersdorf Contributor

Yoav Leitersdorf is a partner at YL Ventures.

More posts by this contributor

A look back at the Israeli cyber security industry in

Trends in Israel’s cybersecurity investments

Ofer Schreiber Contributor

Ofer Schreiber is a partner at YL Ventures.

More posts by this contributor

The state of Israel’s cybersecurity market

Trends in Israel’s cybersecurity investments

2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches. And as the world becomes increasingly connected (cars and medical devices, among others), attack vectors are evolving and exposures multiply.

The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.

Growing seed rounds chasing greenfield opportunities

In 2018, the total amount of funding for Israeli cybersecurity companies across all stages grew 22 percent year-over-year to $1.03B. This closely matched the funding trends of 2016 and 2017 that each saw 23 percent year-over-year growth in funding amount. At the same time, 2018 saw 66 new companies founded, an increase of 10 percent over 2017, which represented a rebound after a dip last year (60 new companies in 2017 vs. 83 in 2016). Notably, average seed round increased to $3.6M in 2018 from $3.3M in 2017. 2018 marked the fifth consecutive year the size of Israeli cyber seed rounds grew. Since 2014, the average seed round size has increased 80 percent.

With industry growth metrics of Israeli cybersecurity up across the board in 2018, 2017’s dip in new cyber startups appears to have been an outlier. Not only does entrepreneurial interest in cyber look to be on the rise, investor enthusiasm, especially at the early stages, signals a market brimming with opportunity. Growing round sizes are interesting, but more revealing is following where this capital is flowing.

Emerging fields supplanting “traditional” technologies

The top emerging fields among new startups in 2018 included new verticals within IoT security, security for blockchain and cryptocurrencies, cloud-native security and SDP (Software Defined Perimeter). These nascent verticals drew considerably more attention than more “traditional” cyber sectors such as network security, email security and endpoint protection. Of all the emerging sectors, IoT drew the most investment with funding reaching $229.5M across all stages. What makes IoT particularly interesting is its continual branching into various new sub-domains including automotive, drones and medical devices.

Shai Morag, CEO and co-founder of Secdo, an Israeli cybersecurity firm acquired for $100M by Palo Alto Networks in mid-2018, sees these trends accelerating. “Innovation is going to keep happening in these areas for the next few years. We’ll also see innovation in third-party supply-chain risk assessment and management. Another wide-open field for innovation is SMBs. They are an underserved market hungry for full-stack solutions. These emerging fields are where I’m seeing the most excitement.”

Breaking out data on seed round funding into cyber startups targeting emerging vs. traditional markets reveals an even more pronounced growth trend. 2018’s aggressive early stage funding rounds disproportionately focused on companies pursuing emerging fields within cybersecurity. Of the 33 seed rounds raised in 2018, 20 (61 percent) went to companies in emerging fields. Even more striking, the sum of all seed rounds for emerging tech companies in 2018 was $79M, a 76 percent year-over-year increase. The numbers are clear, there is overwhelming investor interest in emerging cyber tech.

For example, the two largest seed funding rounds this year were in the IoT security domain. VDOO, founded by ex-Cyvera entrepreneurs (acquired by Palo Alto Networks in 2014 for $200M) and which develops security solutions for IoT vendors, raised an abnormally high seed round of $13M. Toka Cyber has secured $12.5M seed funding from Andreessen Horowitz and others, to develop and expand their IoT cybersecurity platform for governmental agencies. Twistlock, a pioneer developer of cloud-native security solutions raised $33M series C this year. BigID which protects sensitive data in light of GDPR and other privacy regulations raised both A ($14M) and B ($30M) rounds during 2018.

As the more traditional cybersecurity markets continue to consolidate and mature, prospects dim for “me too” cyber startups. We see that the industry still faces pressing problems in need of innovative solutions. Looming labor shortages, GDPR and other global data privacy legislation and the IoT explosion, are major challenges presenting substantial opportunities to incumbents able to provide relief. Investors and entrepreneurs sense greenfield opportunities on the horizon and are racing to plant their flags before the competition. This new divergent ecosystem is more selective of sophisticated, savvy investors and specialized, seasoned entrepreneurs.

Greenfields, not green founders

In 2018, 60 percent of founders had more than a decade’s worth of experience in the private sector–a 28 percent increase from 2017. The experience of these more seasoned founders came mostly from working in startups either as an executive or as an entrepreneur. Although Israel’s cybersecurity ecosystem relies heavily on the technical training potential entrepreneurs receive during service in the Israeli Defense Forces (IDF), in 2018, the proportion of founders coming straight out of the IDF fell to 2 percent, dropping from 10 percent the year before.

While nearly all Israeli founders leverage the skills and know-how acquired in the IDF’s various technological units, the need for experience from the private sector, either as an executive or an employee, seems to be more prevalent. Larger seed checks and larger ambitions are fuelling this push for more mature, veteran founders. Rising founders are not simply looking to build a novel technology and score a lucrative acquihire exit from an existing giant–they want to push into greenfield territory and stake a market-leading claim all their own.

Amichai Shulman, co-founder & former CTO of Imperva and a Venture Advisor at YL Ventures, gives such founders aiming to “own a market” the following advice: “Make sure you’re able to explain – primarily to yourselves – how your offering and product becomes something bigger than what it inherently is in the beginning. Be able to articulate how you expand (in the future) further into organizations, not just by ‘selling more’ but by solving bigger and more general problems.”

Cyber exits continue to overperform

Beyond general trends, 2018 also had many exciting individual exits. Checkpoint-Dome9 and CyberArk-Vaultive were notable because both acquirer and acquiree were Israeli — a mark of true market maturity. The acquisition of Sygnia by Singaporean holding giant Temasek also was remarkable because it shows that the Israeli cyber market continues to attract new classes and kinds of global strategic players each year. In addition, Thoma Bravo’s  $2.1B acquisition of Israeli cyber firm Imperva made waves throughout the industry.

Tsahy Shapsa, co-founder of Cloudlock, which was acquired by Cisco in 2016 for $293M, reflected on the potential he sees coming from growing global investment. “From an entrepreneurial perspective, there is a constant dilemma between short-/mid-term exits and building a legacy company. As funding floods into Israel from around the world, temptation to sell early only increases. But all these exits have an advantage. They grow the pool of experienced, ‘repeat’ entrepreneurs and set the stage for more legacy companies to originate locally.” Zohar Alon, CEO and co-founder of Dome9 Security, which was acquired by Checkpoint in 2018 for $175M added the following guidance: “Israeli entrepreneurs should establish and maintain a constant communication channel with the local corporate development leaders, same as most do with the VC community focusing on product and go-to-market synergies.”

Israeli cybersecurity maintaining momentum

In 2018, investors became more domain-focused and preferred emerging fields. With traditional cybersecurity consolidating, emerging greenfields signal much stronger potential. Furthermore, growth continued both in cybersecurity startups as well as their fundraising across all stages, indicating rising confidence in the Israeli cybersecurity market.

The 2018 Israeli cybersecurity market boasted an excellent exit climate, highlighted not only by Imperva’s large-scale acquisition but also by the diversity in the types of players in the space. As such, the local cybersecurity market signals its ability to create and nurture large-scale security vendors, thereby attracting variety of both international and local players which continue identifying and capitalizing opportunities in this domain. For 2018, as has been the case for many years past, the state of the cyber nation is strong–and 2019 appears to promise more of the same.

via TechCrunch

[toomanysinks]

A look back at the Israeli cyber security industry in

Yoav Leitersdorf Contributor

Yoav Leitersdorf is a partner at YL Ventures.

More posts by this contributor

A look back at the Israeli cyber security industry in

Trends in Israel’s cybersecurity investments

Ofer Schreiber Contributor

Ofer Schreiber is a partner at YL Ventures.

More posts by this contributor

The state of Israel’s cybersecurity market

Trends in Israel’s cybersecurity investments

2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches. And as the world becomes increasingly connected (cars and medical devices, among others), attack vectors are evolving and exposures multiply.

The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.

Growing seed rounds chasing greenfield opportunities

In 2018, the total amount of funding for Israeli cybersecurity companies across all stages grew 22 percent year-over-year to $1.03B. This closely matched the funding trends of 2016 and 2017 that each saw 23 percent year-over-year growth in funding amount. At the same time, 2018 saw 66 new companies founded, an increase of 10 percent over 2017, which represented a rebound after a dip last year (60 new companies in 2017 vs. 83 in 2016). Notably, average seed round increased to $3.6M in 2018 from $3.3M in 2017. 2018 marked the fifth consecutive year the size of Israeli cyber seed rounds grew. Since 2014, the average seed round size has increased 80 percent.

With industry growth metrics of Israeli cybersecurity up across the board in 2018, 2017’s dip in new cyber startups appears to have been an outlier. Not only does entrepreneurial interest in cyber look to be on the rise, investor enthusiasm, especially at the early stages, signals a market brimming with opportunity. Growing round sizes are interesting, but more revealing is following where this capital is flowing.

Emerging fields supplanting “traditional” technologies

The top emerging fields among new startups in 2018 included new verticals within IoT security, security for blockchain and cryptocurrencies, cloud-native security and SDP (Software Defined Perimeter). These nascent verticals drew considerably more attention than more “traditional” cyber sectors such as network security, email security and endpoint protection. Of all the emerging sectors, IoT drew the most investment with funding reaching $229.5M across all stages. What makes IoT particularly interesting is its continual branching into various new sub-domains including automotive, drones and medical devices.

Shai Morag, CEO and co-founder of Secdo, an Israeli cybersecurity firm acquired for $100M by Palo Alto Networks in mid-2018, sees these trends accelerating. “Innovation is going to keep happening in these areas for the next few years. We’ll also see innovation in third-party supply-chain risk assessment and management. Another wide-open field for innovation is SMBs. They are an underserved market hungry for full-stack solutions. These emerging fields are where I’m seeing the most excitement.”

Breaking out data on seed round funding into cyber startups targeting emerging vs. traditional markets reveals an even more pronounced growth trend. 2018’s aggressive early stage funding rounds disproportionately focused on companies pursuing emerging fields within cybersecurity. Of the 33 seed rounds raised in 2018, 20 (61 percent) went to companies in emerging fields. Even more striking, the sum of all seed rounds for emerging tech companies in 2018 was $79M, a 76 percent year-over-year increase. The numbers are clear, there is overwhelming investor interest in emerging cyber tech.

For example, the two largest seed funding rounds this year were in the IoT security domain. VDOO, founded by ex-Cyvera entrepreneurs (acquired by Palo Alto Networks in 2014 for $200M) and which develops security solutions for IoT vendors, raised an abnormally high seed round of $13M. Toka Cyber has secured $12.5M seed funding from Andreessen Horowitz and others, to develop and expand their IoT cybersecurity platform for governmental agencies. Twistlock, a pioneer developer of cloud-native security solutions raised $33M series C this year. BigID which protects sensitive data in light of GDPR and other privacy regulations raised both A ($14M) and B ($30M) rounds during 2018.

As the more traditional cybersecurity markets continue to consolidate and mature, prospects dim for “me too” cyber startups. We see that the industry still faces pressing problems in need of innovative solutions. Looming labor shortages, GDPR and other global data privacy legislation and the IoT explosion, are major challenges presenting substantial opportunities to incumbents able to provide relief. Investors and entrepreneurs sense greenfield opportunities on the horizon and are racing to plant their flags before the competition. This new divergent ecosystem is more selective of sophisticated, savvy investors and specialized, seasoned entrepreneurs.

Greenfields, not green founders

In 2018, 60 percent of founders had more than a decade’s worth of experience in the private sector–a 28 percent increase from 2017. The experience of these more seasoned founders came mostly from working in startups either as an executive or as an entrepreneur. Although Israel’s cybersecurity ecosystem relies heavily on the technical training potential entrepreneurs receive during service in the Israeli Defense Forces (IDF), in 2018, the proportion of founders coming straight out of the IDF fell to 2 percent, dropping from 10 percent the year before.

While nearly all Israeli founders leverage the skills and know-how acquired in the IDF’s various technological units, the need for experience from the private sector, either as an executive or an employee, seems to be more prevalent. Larger seed checks and larger ambitions are fuelling this push for more mature, veteran founders. Rising founders are not simply looking to build a novel technology and score a lucrative acquihire exit from an existing giant–they want to push into greenfield territory and stake a market-leading claim all their own.

Amichai Shulman, co-founder & former CTO of Imperva and a Venture Advisor at YL Ventures, gives such founders aiming to “own a market” the following advice: “Make sure you’re able to explain – primarily to yourselves – how your offering and product becomes something bigger than what it inherently is in the beginning. Be able to articulate how you expand (in the future) further into organizations, not just by ‘selling more’ but by solving bigger and more general problems.”

Cyber exits continue to overperform

Beyond general trends, 2018 also had many exciting individual exits. Checkpoint-Dome9 and CyberArk-Vaultive were notable because both acquirer and acquiree were Israeli — a mark of true market maturity. The acquisition of Sygnia by Singaporean holding giant Temasek also was remarkable because it shows that the Israeli cyber market continues to attract new classes and kinds of global strategic players each year. In addition, Thoma Bravo’s  $2.1B acquisition of Israeli cyber firm Imperva made waves throughout the industry.

Tsahy Shapsa, co-founder of Cloudlock, which was acquired by Cisco in 2016 for $293M, reflected on the potential he sees coming from growing global investment. “From an entrepreneurial perspective, there is a constant dilemma between short-/mid-term exits and building a legacy company. As funding floods into Israel from around the world, temptation to sell early only increases. But all these exits have an advantage. They grow the pool of experienced, ‘repeat’ entrepreneurs and set the stage for more legacy companies to originate locally.” Zohar Alon, CEO and co-founder of Dome9 Security, which was acquired by Checkpoint in 2018 for $175M added the following guidance: “Israeli entrepreneurs should establish and maintain a constant communication channel with the local corporate development leaders, same as most do with the VC community focusing on product and go-to-market synergies.”

Israeli cybersecurity maintaining momentum

In 2018, investors became more domain-focused and preferred emerging fields. With traditional cybersecurity consolidating, emerging greenfields signal much stronger potential. Furthermore, growth continued both in cybersecurity startups as well as their fundraising across all stages, indicating rising confidence in the Israeli cybersecurity market.

The 2018 Israeli cybersecurity market boasted an excellent exit climate, highlighted not only by Imperva’s large-scale acquisition but also by the diversity in the types of players in the space. As such, the local cybersecurity market signals its ability to create and nurture large-scale security vendors, thereby attracting variety of both international and local players which continue identifying and capitalizing opportunities in this domain. For 2018, as has been the case for many years past, the state of the cyber nation is strong–and 2019 appears to promise more of the same.

source https://techcrunch.com/2019/01/06/a-look-back-at-the-israeli-cyber-security-industry-in/