Market Highlights
The global network security policy management market size will contact USD 2.14 billion at a 9.2% CAGR during the figure time frame 2020-2027, states the most recent Market Research Future (MRFR) investigation. Network security policy management, set forth plainly, is a concentrated stage for making due, carrying out, and computerizing the network security strategies across the entire network foundation of an undertaking across cloud, SDNs, and on-premises firewall.
Different variables are fuelling the global network security policy management market development. According to the new MRFR market gauges, such factors incorporate expanding need for shielding network layers of endeavors from cutting edge digital dangers, developing interest to meet the consistence needs, rising information robbery worries among associations, rising requirement for compelling security and hazard management device, development in digital assaults around the world, expanding need for viable security and hazard management device, developing worry over information security, and developing information break concerns and information burglary. The extra factors adding market development incorporate tending to the requirement for building identification and reaction capacities and concentration in computerized business hazard.
In actuality, the effect of the COVID-19 pandemic, restricted and absence of mindfulness about digital dangers in creating locales, less spending on network protection arrangements, and high introductory venture might restrict the global network security policy management market development over the estimate time frame.
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Segmentation:
The MRFR report throws light on an inclusive segmental analysis of the global network security policy management market based on industry verticals, deployment modes, and components.
By component, the global network security policy management market is segmented into services and solutions.
By deployment mode, the global network security policy management market is segmented into on-premises and cloud. Of these, the cloud segment will lead the market over the forecast period.
By industry vertical, the global network security policy management market is segmented into manufacturing, energy and utilities, retail, healthcare, IT and telecom, government and defense, BFSI, and others. Of these, the BFSI segment will dominate the market over the forecast period.
Regional Analysis
By region, the global network security policy management market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, and Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Adoption of cyber-security solutions, advanced infrastructure, the presence of big players, early adoption of new technologies like AI and IoT, growing demand in the US, increasing adoption by the defense, government, and BFSI sectors, increase in cloud adoption owing to various factors like advanced IT infrastructure, regulations, and standards, the availability of proficient technical expertise, and the presence of a large number of enterprises are adding to the global network security policy management market growth in the region.
In the APAC region, the global network security policy management market is predicted to have admirable growth over the forecast period. The region being technologically and economically developed, the presence of emerging economies such as India, China, and Japan, increasing digitalization, adoption of IoT and cloud technologies, increased demand for cloud computing among SMEs, businesses increasingly implementing security policy management solutions for detecting and preventing threats at the early stage, increasing focus to address digital business risks, and focus to build detection and response capabilities are adding to the global network security policy management market growth in the region.
In Europe, the global network security policy management market is predicted to have healthy growth over the forecast period for increasing adoption in the healthcare vertical.
In RoW, the global network security policy management market is predicted to have sound growth over the forecast period.
Key Players
The eminent players profiled in the global network security policy management market report include Tufin Software Technologies, Juniper Networks, Inc., Sophos Ltd., IBM Corporation, FireMon, LLC, HPE Development LP, Forcepoint LLC, AlgoSec Inc., Check Point Software Technologies Ltd., and Palo Alto Networks, Inc., among others.
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Network Security Policy Management Market Research Report, By Component (Solution and Services), Deployment Mode (On-premises and Cloud), Industry Vertical (BFSI, government and defense, healthcare) — Global Forecast till 2027
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The new research report titled "Network Security Policy Management Market Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the network security policy management market include Algosec, Check Point Software Technologies Ltd., Firemon Llc, Forcepoint Llc, HPE Development Lp, IBM Corporation, Juniper Networks Inc., Palo Alto Networks Inc., Sophos Technologies Pvt.
The increasing focus on building network detection and response capabilities is again accelerating market growth.
In addition to this, the increasing need for addressing digital business risks is further fuelling market growth.
According to a new market research report "Security Policy Management Market by Component (Solution and Services), Product Type (Network Policy Management, Compliance and Auditing, Change Management, and Vulnerability Assessment), Organization Size, Vertical, and Region - Global Forecast to 2024" published by MarketsandMarkets™, the Security Policy Management Market size expected to grow from USD 1.5 billion in 2019 to USD 2.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.Growing push from regulatory bodies to maintain security policies to safeguard the crucial data and increasing shift from homogeneous network model to a hybrid network model are the major factors driving the growth of the security policy management market.Browse in-depth TOC on "Security Policy Management Market”60- Tables32- Figures134- PagesRequest Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=161084281Solutions segment to hold the largest market share during the forecast periodThe services include the support offered by security vendors to assist their customers in efficient use and maintenance of security policies within the network environment.
The vendors offer professional and managed services in the security policy management market.
These services are focused on helping organizations achieve their business goals together with their product offerings.
They also offer customized implementation and risk assessment and assist with the deployment of security policy management via industry-defined best practices.Small and Medium-sized Enterprises (SMEs) to grow at the highest rate during the forecast periodSMEs refer to enterprises with an employee count of 100–1,000.
The growing security issues have forced the SMEs to focus on network policies, which can secure and safeguard their data and personal information from being hacked and breached.
Despite the SMEs having budget constraints, the importance of securing corporate information is compelling them to use policy management solutions for data protection.North America to hold the largest market share during the forecast periodNorth America is one of the most affected regions in the world by cybersecurity breaches, and as a result, has the largest number of security policy management providers.
Data Bridge Market research presents the top quality and comprehensive Security Policy Management Market research report which provides clear insights into market dynamics and prospects the whole market including global production, revenue forecast, value and volume.
This Security Policy Management Market report deeply study competitive scenario and evaluated the crucial vendors with regard to product stratification and business strategies.
The detailed information of the existed industries is the first acquired by the dedicated team to provide exact and accurate data of the market.
Get Sample Analysis of This Market Information: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-security-policy-management-marketMarket Definition: Global Security Policy Management Market Security policies in information technology are the procedures and guidelines that a company utilizes to safeguard, handle, retain and track its data assets.
To guarantee a secure and correctly run network scheme, these strategies are thoroughly created, enforced, recorded, assessed and reviewed on a timely basis Top Manufacturers Covered in the Report: Some of the major players operating in global security policy management market are Palo Alto Networks, Inc., AlgoSec, Check Point Software Technologies Ltd., Forcepoint, FireMon, LLC., Hewlett Packard Enterprise Development LP, IBM Corporation, Juniper Networks, Inc., Sophos Ltd., Tufin, Cisco, Micro Focus, McAfee LLC, HelpSystems, AlgoSec, CoNetrix, iManage, Odyssey Consultants LTD, OPAQ and Skybox Security Inc among others.
Segmentation: Global Security Policy Management Market Global Security Policy Management Market Component (Solution, Services) Product Type (Network Policy Management, Compliance and Auditing, Change Management, Vulnerability Assessment)Organization Size (Small and Medium-Sized Enterprises, Large Enterprises)Vertical (Banking, Financial Services, and Insurance, Government and Public Sector, IT and Telecom, Healthcare, Retail, Manufacturing, Energy and Utilities, Others)Geography (North America, Europe, South America, Asia-Pacific and Middle East and Africa) – Industry Trends and Forecast to 2026 Competitive Analysis: Global security policy management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Security policies management market in information technology are the procedures and guidelines that a company utilizes to safeguard, handle, retain and track its data assets.
To guarantee a secure and correctly run network scheme, these strategies are thoroughly created, enforced, recorded, assessed and reviewed on a timely basis.
It smartly automates the network security policy management process across the SDNs, cloud and on premise firewalls.security policy management market is growing with the healthy CAGR of 10.8 % during the forecast period of 2019 to 2026.
The upcoming market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.Increasinge in the number and intensity of cyber-attacks drives the market growthThe Global Security Policy Management Market report takes into account all the company profiles of the major players and brands.
The report points up the variation in CAGR value for the historic year 2026, the base year 2019, and the forecast year 2019-2026.
The market study of Security Policy Management Market report helps businesses to make out the key opportunities in the market and influencing factors which is useful to take business to the peak level.
