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Network Security Policy Management Market : How It Is Going To Impact on Industry to Grow In Near Future By ajinkya
January 28, 2022
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According to a new market report published by Transparency Market Research titled “Network Security Policy Management Market –
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global network security policy management market was valued at US$ 1,297.6 Mn in 2017 and is expected to expand at a CAGR of 8.2% from 2018 to 2026, reaching a value of US$ 2,614.2 Mn by the end of the forecast period. According to the report, North America was a significant contributor to the network security policy management (NSPM) market in terms of revenue in 2017. The prominent market share of the region is due to the high adoption of cloud technology, and technological advancements in the field of network security, especially in the U.S. and Canada.
Get sample copy at: https://www.transparencymarketresearch.com/sample/sample. php?flag=S&rep_id=53718 Increase in number and intensity of cyber-attacks driving the global network security policy management market The global network security policy management market is currently driven by increase in number and intensity of cyber-attacks. Increasing
number of attack instances especially in government and BFSI industries is a major reason for rising demand for network security policy management solutions. The growing need for secure file transfer and stringent regulatory compliances are expected to further fuel the network security policy management market. Many industry and government regulations and standards are being designed to protect the confidentiality of sensitive data residing at different sources including the cloud and on-premise. Some of these regulations include European General Data Protection Requirement (GDPR), U.S. state and Federal data privacy laws, HITECH (Health Information Technology for Economic and Clinical Health), and HIPAA (Health Insurance Portability and Accountability Act), apart from PCI data security standards, financial services laws, and various healthcare laws. Growing adoption of such stringent regulations to safeguard sensitive data by several government entities are expected to boost the adoption of NSPM solutions in the coming years. Lack of awareness about cyber threats among enterprises is one of the major factors limiting the market growth. Network Security Policy Management Market: Scope of the Report The global network security policy management market has been segmented based on component, solution, enterprise size, industry vertical, and region. Based on component, the market has been classified into software and services. Based on software, the market has been classified into cloud and on-premise. The cloud segment has been further split into public, private, and hybrid. The cloud segment is expected to expand at a high CAGR, thus becoming the leading revenue generating segment by 2026. This is mainly because of increase in adoption of cloud based technologies, especially across Europe and Asia Pacific. Based on solution, the market has been classified into security policy management, change management system, risk and vulnerability analysis, and application connectivity management. Based on enterprise size, the market has been divided into small and medium
on enterprise size, the market has been divided into small and medium enterprises and large enterprises. In terms of industry vertical, the market has been divided into Banking, Financial Services and Insurance (BFSI), Healthcare, Government, IT & Telecom, Retail, Transportation, Energy & Utilities, and Others (Education, Manufacturing). Based on region, the global network security policy management market has been categorized into Europe, North America, Middle East & Africa, Asia Pacific, and South America. The market in North America is expected to maintain its dominant position throughout the forecast period. However, Europe and Asia Pacific are also anticipated to constitute significant market share in the coming years. Global Network Security Policy Management Market: Competitive Dynamics Key players operating in the global network security policy management market include Palo Alto Networks, Inc., AlgoSec Inc., Check Point Software Technologies Ltd., Forcepoint LLC, FireMon, LLC., Hewlett Packard Enterprise Development LP, IBM Corporation, Juniper Networks, Inc., Sophos Ltd., and Tufin Software Technologies Ltd.. The network security policy management market has been segmented as below: Market Segmentation: Global Network Security Policy Management Market By Component Software Cloud-based Public
Public Private Hybrid On-premise Services Professional Services Managed Services By Solution Security Policy Management Change Management System Risk and Vulnerability Analysis Application Connectivity Management By Enterprise Size Small & Medium Enterprises (SMEs) Large Enterprises Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=53718&ltype=S ByIndustry Vertical Banking, Financial Services and Insurance (BFSI) Healthcare Government IT & Telecom Retail
Transportation Energy & Utilities Others (Education, Manufacturing) About Us Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: www.transparencymarketresearch.com
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