[306 Pages Report] The network security policy management market is poised to attain a CAGR of 6.7% during the forecast period 2022 to 2032.
The network security policy management market is anticipated to garner a revenue of US$ 1.9 Billion in 2022 and is likely to reach US$ 3.6 Billion by 2032.
The adoption of network security policy management is on the surge owing to the increasing volume of online transactions and operations and security not only saves data but also protects against online threats.
The adoption trends of digital payments are exploding, and as a great deal of sensitive information is at stake through the availability of online payments, the user's card number, bank details, and personal information, the network security policy management market growth has risen.
In addition, the growing popularity of Internet banking is driving up demand for network security policy management services, and rising digital risks and data breaches boosts the network security policy management market trends and forecasts.
| Attributes | Details |
|---|---|
| Network Security Policy Management Market CAGR (2022 to 2032) | 6.7% |
| Network Security Policy Management Market Value (2022) | US$ 1.9 Billion |
| Network Security Policy Management Market Size (2032) | US$ 3.6 Billion |
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The global industry has faced numerous challenges as a result of the covid 19 outbreak. Due to the pandemic, the network security policy management market outlook is undergoing several changes.
Lockdowns all over the world are causing significant problems for the network security policy management market.
The network security policy management market’s supply chain has been disrupted, and the network security policy management market trends are discouraged by social distancing and other restrictions on item delivery.
During the pandemic, however, the number of users who work from home is increasing, auguring well for the network security policy management future trends.
In addition, the demand for the ICT industry is constantly increasing, and as more employees use home computers for work, the demand for network security policy management is moving forward.
The network security management policy market is currently unable to meet demand. However, after December 19, market operations returned to normal.
Today, cyber threats affect more than just personal computers as they also affect office systems, encouraged by many workplaces in many regions which have a weak network layer.
Data breaches, cybercrime, and threats can all easily disrupt networks in the workplace. Furthermore, the network contains a massive amount of sensitive data. All of this contributes to increased cyber threat issues in businesses.
Hence, the adoption of network security policy management across the world is on the rise, thereby curbing several cyber-attacks.
Many businesses are increasing their investments in network security management, in turn fostering the network security policy management key trends & opportunities.
In many parts of the world, people are unaware of the cyber threat; as a result of which, many businesses fail to take cyber threats seriously, which, in turn, impedes the adoption of network security policy management services in those regions.
Another factor restraining the demand for network security policy management services is that most of the time, these cyber threats are discovered after significant damage has been done, which is considered vain.
Many places have a scarcity of network-security policy management solutions hampering the network security policy management market opportunities.
Most businesses do not invest in network security policies as some businesses believe it requires a large initial investment, and this notion is likely to negatively affect the network security policy management market statistics.
The high initial investment is a major stumbling block in the network security policy management market's future trends.
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By component, the network security policy management market is segmented into software and services, where the Software segment is sub-segmented into Cloud-Based, On-Premise, and Services are sub-segmented into professional Services, and Managed Services.
By solution, the market is categorized into security policy management, change management system, risk and vulnerability analysis, and application connectivity management.
The market, on the basis of end-user, is segmented into Banking, Financial Services and Insurance (BFSI), healthcare, government, IT & telecom, retail, transportation, energy & utilities, and others.
By enterprise size, the security policy management market is categorized into Small & Medium Enterprises (SMEs), and large enterprises.
The services segment is anticipated to lead the network policy management market with a CAGR of 9.0% during the forecast period 2022 to 2032.
The service segment is likely to dominate the market during the forecast period as a result of its growing popularity and use, and this trend is expected to continue in the forecast period as networking and cross-communications among IT industries increase.
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Banking, Financial Services, and Insurance (BFSI) is expected to dominate the market growing at a rate of 7.4% from 2022 to 2032.
The BFSI industry vertical is expected to have the largest network security policy management market share as it deals with large amounts of sensitive and private financial data and as the BFSI is the most targeted industry vertical.
Enterprises in the BFSI sector are requesting security policy management solutions to ensure irreversible security. Furthermore, the industry vertical is the most regulated, as it must meet numerous security requirements.
| Regions | CAGR (2022 to 2032) |
|---|---|
| USA Market | 6.5% |
| UK Market | 7.2% |
| China Market | 8.8% |
| Japan Market | 4.9% |
| India Market | 6.5% |
During the forecast period, the US market is anticipated to experience high profitability rates with a CAGR of 6.5% from 2022 to 2032.
In these regions, there is also an exceptional network security policy management market with top leaders vying for a larger network security policy management market share.
The market's key players are likely to make numerous developments contributing to the region’s network security policy management market statistics.
Demand for network security policy management services in India and China is constantly increasing since cyber-attacks, data breaches, and the misuse of sensitive information are all on the rise.
As the Indian and Chinese regions have less secure online networks, the trajectory for network security policy management services adoption trends is likely to go up as they are much needed in those regions.
There is a great deal of concern about cyber-attacks. As a result, network security policy adoption is likely to be higher during the forecast period.
Emerging trends in the network security policy management market are growing trend in the UK. This is considered a significant contributor to the global network security policy management market growth.
There is comparatively less competition in the network security policy management market.
However, network security policy management market growth is rapidly increasing as new businesses are expected to emerge during the forecast period.
There are also network security policy management market opportunities for large corporations to invest in the market.
The security policy management vendors are working to raise awareness about security solutions.
Product changes and technological advancements are examples of market developments.
During this time, the market's key players are forming new alliances and planning market expansion strategies in order to consolidate their market position by expanding their network security policy management market share.
Some of the recent developments in the network security policy management market are as follows:
Vital Market Players include:
The network security policy management market is projected to register a CAGR of 6.7% during the forecast period (2022 to 2032).
During the projected period, the US is expected to lead the email marketing market with a CAGR of 6.5% through 2032.
Services segment is anticipated to lead the network security policy management market with a CAGR of 9.0% during the forecast period 2022 to 2032.
The network security policy management market is expected to be valued at US$ 3.6 Billion by 2032.
The network security policy management market’s fastest-growing region is expected to be China with a CAGR of 8.8% from 2022 to 2032.
1. Preface | Network Security Policy Management Market 1.1. Market Scope 1.2. Market Segmentation 1.3. Key Research Objectives 2. Assumptions and Research Methodology 2.1. Market Taxonomy - Segment Definitions 2.2. Research Methodology 2.2.1. List of Primary and Secondary Sources 2.3. Key Assumptions for Data Modelling 3. Executive Summary: Global Market 4. Market Overview 4.1. Introduction 4.2. Global Market - Macro Economic Factors Overview 4.2.1. Global ICT Spending (US$ Million), 2016 to 2032 4.2.2. Key Regional Socio-Political-Technological Developments and their Impact Considerations 4.3. Technology/Product Roadmap 4.4. Key Market Indicators 4.4.1. Features Analysis: Solution 4.4.1.1. Auditing and Compliance 4.4.1.2. Change Management 4.4.1.3. Micro-segmentation 4.4.1.4. Risk Management 4.4.1.5. Digital Transformation 4.4.1.6. DevOps 4.5. Market Factor Analysis 4.5.1. Porter’s Five Forces Analysis 4.5.2. PESTLE Analysis 4.5.3. Ecosystem Analysis 4.5.4. Market Dynamics (Growth Influencers) 4.5.4.1. Drivers 4.5.4.1.1. Supply Side 4.5.4.1.2. Demand Side 4.5.4.2. Restraints 4.5.4.3. Opportunities 4.5.4.4. Impact Analysis of Drivers & Restraints 4.6. Regulations and Policies 4.7. Case Studies: Solution 4.8. Impact Analysis of Cyber Attacks: Market 4.9. Global Market Analysis and Forecast, 2022 to 2032 4.9.1. Market Revenue Analysis (US$ Million) 4.9.1.1. Historic Growth Trends, 2016 to 2032 4.9.1.2. Forecast Trends, 2022 to 2032 4.10. Market Opportunity Analysis - by Region (Global/North America/Europe/Asia Pacific/Middle East & Africa/South America) 4.10.1. By Region/Country 4.10.2. By Component 4.10.3. By Solution 4.10.4. By End-use 4.10.5. By Enterprise Size 4.11. Competitive Scenario and Trends 4.11.1. Market Concentration Rate 4.11.1.1. List of New Entrants 4.11.2. Mergers & Acquisitions, Expansions 4.12. Market Outlook 5. Global Market Analysis and Forecast, by Component 5.1. Overview and Definitions 5.2. Key Segment Analysis 5.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 5.4. Software 5.4.1. Cloud-based 5.4.1.1. Public 5.4.1.2. Private 5.4.1.3. Hybrid 5.4.2. On-premise 5.5. Services 5.5.1. Professional Services 5.5.2. Managed Services 6. Global Market Analysis and Forecast, by Solution 6.1. Overview and Definitions 6.2. Key Segment Analysis 6.3. Market Size (US$ Million) Forecast, by Solution, 2022 to 2032 6.3.1. Security Policy Management 6.3.2. Change Management System 6.3.3. Risk and Vulnerability Analysis 6.3.4. Application Connectivity Management 7. Global Market Analysis and Forecast, by End-use 7.1. Overview and Definitions 7.2. Key Segment Analysis 7.3. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 7.3.1. Banking, Financial Services, and Insurance (BFSI) 7.3.2. Healthcare 7.3.3. Government 7.3.4. IT & Telecom 7.3.5. Retail 7.3.6. Transportation 7.3.7. Energy & Utilities 7.3.8. Others 8. Global Market Analysis and Forecast, by Enterprise Size 8.1. Overview and Definitions 8.2. Key Segment Analysis 8.3. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 8.3.1. Small & Medium Enterprises (SMEs) 8.3.2. Large Enterprises 9. Global Market Analysis and Forecast, by Region 9.1. Overview 9.2. Key Segment Analysis 9.3. Market Size (US$ Million) Forecast, by Region, 2022 to 2032 9.3.1. North America 9.3.2. Europe 9.3.3. Asia Pacific 9.3.4. Middle East & Africa 9.3.5. South America 10. North America Market Analysis and Forecast 10.1. Key Findings 10.2. Impact Analysis of Drivers and Restraints 10.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 10.3.1. Software 10.3.1.1. Cloud-based 10.3.1.1.1. Public 10.3.1.1.2. Private 10.3.1.1.3. Hybrid 10.3.1.2. On-premise 10.3.2. Services 10.3.2.1. Professional Services 10.3.2.2. Managed Services 10.4. Market Size (US$ Million) Forecast, by solution, 2022 to 2032 10.4.1. Security Policy Management 10.4.2. Change Management System 10.4.3. Risk and Vulnerability Analysis 10.4.4. Application Connectivity Management 10.5. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 10.5.1. Banking, Financial Services, and Insurance (BFSI) 10.5.2. Healthcare 10.5.3. Government 10.5.4. IT & Telecom 10.5.5. Retail 10.5.6. Transportation 10.5.7. Energy & Utilities 10.5.8. Others 10.6. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 10.6.1. Small & Medium Enterprises (SMEs) 10.6.2. Large Enterprises 10.7. Market Size (US$ Million) Forecast, by Country and Region, 2022 to 2032 10.7.1. The USA 10.7.2. Canada 10.7.3. Rest of North America 11. Europe Market Analysis and Forecast 11.1. Key Findings 11.2. Impact Analysis of Drivers and Restraints 11.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 11.3.1. Software 11.3.1.1. Cloud-based 11.3.1.1.1. Public 11.3.1.1.2. Private 11.3.1.1.3. Hybrid 11.3.1.2. On-premise 11.3.2. Services 11.3.2.1. Professional Services 11.3.2.2. Managed Services 11.4. Market Size (US$ Million) Forecast, by solution, 2022 to 2032 11.4.1. Security Policy Management 11.4.2. Change Management System 11.4.3. Risk and Vulnerability Analysis 11.4.4. Application Connectivity Management 11.5. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 11.5.1. Banking, Financial Services, and Insurance (BFSI) 11.5.2. Healthcare 11.5.3. Government 11.5.4. IT & Telecom 11.5.5. Retail 11.5.6. Transportation 11.5.7. Energy & Utilities 11.5.8. Others 11.6. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 11.6.1. Small & Medium Enterprises (SMEs) 11.6.2. Large Enterprises 11.7. Market Size (US$ Million) Forecast, by Country and Region, 2022 to 2032 11.7.1. Germany 11.7.2. France 11.7.3. The UK 11.7.4. Rest of Europe 12. Asia Pacific Market Analysis and Forecast 12.1. Key Findings 12.2. Impact Analysis of Drivers and Restraints 12.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 12.3.1. Software 12.3.1.1. Cloud-based 12.3.1.1.1. Public 12.3.1.1.2. Private 12.3.1.1.3. Hybrid 12.3.1.2. On-premise 12.3.2. Services 12.3.2.1. Professional Services 12.3.2.2. Managed Services 12.4. Market Size (US$ Million) Forecast, by Solution, 2022 to 2032 12.4.1. Security Policy Management 12.4.2. Change Management System 12.4.3. Risk and Vulnerability Analysis 12.4.4. Application Connectivity Management 12.5. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 12.5.1. Banking, Financial Services, and Insurance (BFSI) 12.5.2. Healthcare 12.5.3. Government 12.5.4. IT & Telecom 12.5.5. Retail 12.5.6. Transportation 12.5.7. Energy & Utilities 12.5.8. Others 12.6. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 12.6.1. Small & Medium Enterprises (SMEs) 12.6.2. Large Enterprises 12.7. Market Size (US$ Million) Forecast, by Country and Region, 2022 to 2032 12.7.1. China 12.7.2. India 12.7.3. Japan 12.7.4. Rest of Asia Pacific 13. Middle East &Africa (MEA) Market Analysis and Forecast 13.1. Key Findings 13.2. Impact Analysis of Drivers and Restraints 13.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 13.3.1. Software 13.3.1.1. Cloud-based 13.3.1.1.1. Public 13.3.1.1.2. Private 13.3.1.1.3. Hybrid 13.3.1.2. On-premise 13.3.2. Services 13.3.2.1. Professional Services 13.3.2.2. Managed Services 13.4. Market Size (US$ Million) Forecast, by Solution, 2022 to 2032 13.4.1. Security Policy Management 13.4.2. Change Management System 13.4.3. Risk and Vulnerability Analysis 13.4.4. Application Connectivity Management 13.5. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 13.5.1. Banking, Financial Services, and Insurance (BFSI) 13.5.2. Healthcare 13.5.3. Government 13.5.4. IT & Telecom 13.5.5. Retail 13.5.6. Transportation 13.5.7. Energy & Utilities 13.5.8. Others 13.6. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 13.6.1. Small & Medium Enterprises (SMEs) 13.6.2. Large Enterprises 13.7. Market Size (US$ Million) Forecast, by Country and Region, 2022 to 2032 13.7.1. GCC Countries 13.7.2. South Africa 13.7.3. Rest of MEA 14. South America Market Analysis and Forecast 14.1. Key Findings 14.2. Impact Analysis of Drivers and Restraints 14.3. Market Size (US$ Million) Forecast, by Component, 2022 to 2032 14.3.1. Software 14.3.1.1. Cloud-based 14.3.1.1.1. Public 14.3.1.1.2. Private 14.3.1.1.3. Hybrid 14.3.1.2. On-premise 14.3.2. Services 14.3.2.1. Professional Services 14.3.2.2. Managed Services 14.4. Market Size (US$ Million) Forecast, by solution, 2022 to 2032 14.4.1. Security Policy Management 14.4.2. Change Management System 14.4.3. Risk and Vulnerability Analysis 14.4.4. Application Connectivity Management 14.5. Market Size (US$ Million) Forecast, by End-use, 2022 to 2032 14.5.1. Banking, Financial Services, and Insurance (BFSI) 14.5.2. Healthcare 14.5.3. Government 14.5.4. IT & Telecom 14.5.5. Retail 14.5.6. Transportation 14.5.7. Energy & Utilities 14.5.8. Others 14.6. Market Size (US$ Million) Forecast, by Enterprise Size, 2022 to 2032 14.6.1. Small & Medium Enterprises (SMEs) 14.6.2. Large Enterprises 14.7. Market Size (US$ Million) Forecast, by Country and Region, 2022 to 2032 14.7.1. Brazil 14.7.2. Rest of South America 15. Competition Landscape 15.1. Market Player - Competition Matrix 15.2. Market Revenue Share Analysis (%), by Company (2021) 15.3. Regional Presence (Intensity Map) 16. Company Profiles(Details - Business Overview, Sales Area/Geographical Presence, Revenue and Strategy) 16.1. AlgoSec Inc. 16.1.1. Business Overview 16.1.2. Sales Area/Geographical Revenue 16.1.3. Business Strategy 16.2. Palo Alto Networks, Inc. 16.2.1. Business Overview 16.2.2. Sales Area/Geographical Revenue 16.2.3. Business Strategy 16.3. Check Point Software Technologies Ltd. 16.3.1. Business Overview 16.3.2. Sales Area/Geographical Revenue 16.3.3. Business Strategy 16.4. FireMon, LLC. 16.4.1. Business Overview 16.4.2. Sales Area/Geographical Revenue 16.4.3. Business Strategy 16.5. Forcepoint LLC 16.5.1. Business Overview 16.5.2. Sales Area/Geographical Revenue 16.5.3. Business Strategy 16.6. Hewlett Packard Enterprise Development LP 16.6.1. Business Overview 16.6.2. Sales Area/Geographical Revenue 16.6.3. Business Strategy 16.7. IBM Corporation 16.7.1. Business Overview 16.7.2. Sales Area/Geographical Revenue 16.7.3. Business Strategy 16.8. Juniper Networks, Inc. 16.8.1. Business Overview 16.8.2. Sales Area/Geographical Revenue 16.8.3. Business Strategy 16.9. Sophos Ltd. 16.9.1. Business Overview 16.9.2. Sales Area/Geographical Revenue 16.9.3. Business Strategy 16.10. Tufin Software Technologies Ltd. 16.10.1. Business Overview 16.10.2. Sales Area/Geographical Revenue 16.10.3. Business Strategy 17. Key Takeaways
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Network Security Policy Management Market
