The worldwide software defined security market was valued at $5.3 billion in 2020, according to Allied Market Research, and is anticipated to reach $68.3 billion by 2030, with a CAGR of 29.5 percent from 2021 to 2030. Based on region, the market across Asia-Pacific would showcase the fastest CAGR by 2030.
Dell Will Spin-Off VMware, Expects to Generate Over $9Bn Through the Deal
Dell has announced it is divesting its 81% stake in VMware. Dell is not letting go of the company though. Michael Dell will become chairman of the VMware board. The sale of the stake is expected to bring Dell between $9.3 billion and $9.7 billion. That money will be used to pay off Dell’s debts.