The Policy Orchestration Market revenue totaled USD 537.6 million in 2021. The policy orchestration market is expected to reach USD 917.9 Million by 2032, growing at a CAGR of 5.1% from 2022 to 2032.
Attribute | Details |
---|---|
Estimated Year (2022) Market Value | USD 556.4 Million |
Projected Year (2032) Market Value | USD 917.9 Million |
CAGR% (2022 to 2032) | 5.1% |
Top 5 Vendor Market Share | Around 45% |
Policy orchestration refers to the deployment of rules, regulatory functions, and security policies across all the company's hardware and software infrastructure from a common point that can be used for deploying the changes, documenting them, and overseeing any errors or policy breaches across the organization.
The solution can be supported by various endpoints despite their technological differences, and the policies could be related to identity-based access, restrictions on websites, etc.
Policy orchestration consists of about 22.4% of the security policy management market.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The policy orchestration is expected to grow at 3.1% CAGR between 2022 to 2032 and the market grew by 5.1% between 2017 to 2021.
The reasons attributing for the growth in the policy orchestration market over the forecast period are digitization in enterprises occurring across regions and enterprises, the emergence of large enterprises, and the improving the economy across the South Asia and Pacific region over the forecast period.
Companies often implement various security policies and measures that were disparate in nature implementing policies and controls by using Linux, Mac controls, and group policy objects, this leads to greater use of security resources that a company has and could create the potential risk of breaches and regulatory issues due to manual errors and miscommunication.
Having a central solution that manages all the technologies in the organization despite their different technical configurations, for imposing the organization policies assists in the reduction of various manual processes and improves the security of the organization, policy orchestration allows the aforementioned things and that is the primary driver for the policy orchestration market.
North America held the largest market share for the policy orchestration market in 2021, with a market share of 21.2%. While South Asia and the Pacific are estimated to be the fastest-growing regions with a CAGR of 6.4%,
North America has several large enterprises across various industries. This region is also one of the most targeted regions, creating the necessity for cyber security solutions and regulations. South Asia and the Pacific is a rapidly growing regions with several large and small enterprises, the number of large enterprises is increasing in this region, a growing market for policy orchestration.
The presence of large enterprises in this country makes it a target of several cyber-attacks and data breaches. The country is also home to several social media companies with users that span across the globe, increasing the importance of security policies orchestration across these enterprises, and being one of the most targeted countries, small and medium-sized enterprises are highly prone to security attacks as well. Having a proper policy orchestration solution could assist companies
India has a fast-growing IT and telecom industry, and a unique feature of this country is that the technology industry here is massive. Due to technology development in this region, the IT services industry was one of the most targeted industries in India by cyber criminals. Because of the high population in this country, the workforce is also quite large, raising concerns about the policies to be implemented because of work-from-home practices.
The UK has a large BFSI industry, and this industry is under constant threat from cyber attackers because of the financial aspects it deals with. Since policy orchestration can assist in protecting software products and applications from cyber threats, policy orchestration solutions and services could find a strong marketplace.
Due to the presence of two countries in similar economic conditions and high cyber-security threats, the demand for policy orchestration is high in this region. The industries in this region are established. The government has various regulations for e-discovery compliance and security.
Latin America has high revenue volatility because of the presence of several countries with varying economic conditions. The industries that use policy orchestration are not highly developed in this region, with the maximum economic growth being driven by Brazil and Mexico, causing a higher barrier to entry.
Europe is often a target for cyber attackers and has various regulations in place for business activities. Industries that use policy orchestration are well established, reducing barriers to entry. The countries that fall within Europe have wide economic conditions, raising revenue volatility.
Cyber-attacks are increasing in South Asia and the Pacific because of the developing economy. The region has high revenue volatility. The competition in this region can be high because of the presence of numerous vendors providing solutions in the same domain.
East Asia has less revenue volatility because the countries that fall into this region have similar economic conditions. The enterprises in this region need to implement security policies in a stringent manner because of government regulations and the cyber-attacks that are faced in this region.
The Middle East and Africa have high revenue volatility due to the vast differences in economic conditions. The cyber-attacks this region faces are low; however, the necessary security measures are not in place, causing the damage of cyber-attacks to be high and creating a potential opportunity for policy orchestration.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Policy orchestration is a solution that allows a common solution for the implementation of policies across all devices and organizations. The demand for this solution is driven by factors such as growing cyber security concerns and the need for a common interface for managing policies across the enterprise, which becomes a necessity, allowing the market for policy orchestration solutions to have a higher market share of 56.3% by Solution.
Large enterprises have the ability to make large-scale investments in their infrastructure and have several hardware and software, that require policy orchestration. These companies are often multinational and have to consider the policies, rules, and regulations that exist in different countries. For this reason, large enterprises had the largest market share of 55.6% by enterprise size in 2021.
The healthcare sector had witnessed a boom during the pandemic and needed the deployment of various hardware and software solutions; however, at the same time, there were numerous malware and cyber-attacks designed particularly for targeting the healthcare sector; during the pandemic, this sector was one of the most targeted sectors.
If a certain similar event that could increase the pressure on the healthcare sector were to occur again, so would the cyberattacks. To improve the security of the equipment both internally and externally, policy orchestration solutions could be deployed.
For these reasons, the healthcare sector is the fastest-growing segment by industry, with a CAGR of 6.9% over the forecast period.
Policy orchestration vendors are providing solutions and services based on the cloud and provide cloud security policy orchestration (CSPO) solutions. Most of the companies operating in this domain are in the IT and telecom sectors and also offer solutions like identity orchestration.
Attribute | Details |
---|---|
Market value in 2021 | USD 537.6 Million |
Market CAGR 2022 to 2032 | 5.1% |
Share of top 5 players | Around 45% |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia & Pacific; East Asia; and the Middle East & Africa |
Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey, and South Africa |
Key Segments Covered | The solution, Enterprise Size, Industry, and Region |
Key Companies Profiled | Apolicy; PolicyIQ; PolicyHub; Immuta Inc; Tufin; Trellix; McAfee; TrueOps; Logic Manager; Micro Focus; FireMon; Forescout; Orchestral.io; Synopsys |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Tufin, Trellix, PolicyIQ, Apolicy, and TrueOps are some of the leading policy orchestration companies.
South Asia and the Pacific region are expected to showcase the highest growth.
Having a common solution or interface for issuing and deploying various policies across the enterprise, is driving the demand.
The finance segment has the largest market share for policy orchestration at 23.4% for the year 2021.
Small enterprises have the highest CAGR of 5.6% for the forecast period.
The CAGR for South Asia and the Pacific is 6.4% for the forecast period 2022 to 2032.
Public sector has the higher CAGR of 6.9% over the forecast period.
Germany has the highest market share in Europe, among other countries
The CAGR for the forecast period 2017 to 2021 for policy orchestration was 3.1%.
China and Japan contribute to the largest market shares in East Asia in the market.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Pricing Model Analysis 5. Global Market Demand (in Value or Size in USD Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 6. Market Background 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Solution 7.1. Platform 7.1.1. Cloud-based 7.1.2. On-Premises 7.2. Services 7.2.1. Professional Services 7.2.2. Managed Services 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Enterprise Size 8.1. Small Offices (1–9 employees) 8.2. Small Enterprises (10–99 employees) 8.3. Medium-sized Enterprise (100–499 employees) 8.4. Large Enterprises (500–999 employees) 8.5. Very Large Enterprises (1,000+ employees) 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Industry 9.1. Finance 9.1.1. Banking 9.1.2. Insurance 9.1.3. Investment/Securities 9.2. Manufacturing & Resources 9.2.1. Discrete Manufacturing 9.2.2. Process Manufacturing 9.2.3. Resource industries 9.2.4. Agriculture 9.3. Distribution Services 9.3.1. Retail 9.3.2. Wholesales 9.3.3. Transportation/Logistics Services 9.3.4. Warehousing & Storage 9.3.5. Shipping 9.4. Services 9.4.1. IT/Professional Services 9.4.2. Consumer & Personal Services 9.4.3. Media, Entertainment & Publishing 9.4.4. Travel & Hospitality 9.4.5. Legal Services 9.5. Public Sector 9.5.1. Government (State/Central) 9.5.2. Education 9.5.3. Healthcare 9.5.4. Aerospace & Defense 9.5.5. Non-Profit 9.6. Infrastructure 9.6.1. Telecommunication 9.6.2. Energy & Utilities 9.7. Building & Construction 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia and Pacific 10.6. Middle East and Africa (MEA) 11. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 12. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 13. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 14. South Asia and Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032 17. Key Countries Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Apolicy 19.2. PolicyIQ 19.3. PolicyHub 19.4. Immuta Inc 19.5. Tufin 19.6. Trellix 19.7. McAfee 19.8. TrueOps 19.9. Logic Manager 19.10. Micro Focus 19.11. FireMon 19.12. Forescout 19.13. Orchestral.io 19.14. Synopsys 20. Assumptions and Acronyms Used 21. Research Methodology
Explore Technology Insights
View Reports