[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.
Principal Consultant
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
