Network Security Policy Management Market Research Report - Global Forecast to 2023

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 2023

ID: MRFR/ICT/5573-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


Globally, the network security policy management is expected to grow from USD 1.38 billion in 2018 to USD 2.14 billion by 2023, at a CAGR of 9.2% during the forecast period, 2018–2023. Increasing need to protect network layer of an enterprise from advanced cyber threats and rising demand to meet the compliance requirements drives the network security policy management market. However, less spending on cybersecurity solutions acts as a major restraining factor for growth of the market during the forecast period. 


Network security policy management is a centralized platform to manage, implement, and automate the network security policies across the entire network infrastructure of an enterprise across on-premises firewall, SDNs, and cloud.


Network security policy management is used in almost all industry verticals to ensure security of their digital assets in an efficient manner. The solution provides full visibility and management of various network security solutions, such as traditional and next-generation firewalls, security controls for all types of cloud, and heterogenous network environments. It also provides network visualization, traffic simulations, risk analysis, compliance reporting, and auditing capabilities to the IT administrator.


Global Network Security Policy Management Market


Network Security Policy Management Market


Source: MRFR Analysis


Segmentation.


The global network security policy management market is segmented into components, deployment modes, industry verticals, and regions.


By component, the market is segmented into solutions and services.


By deployment mode, the market is segmented into cloud and on-premises.


By industry vertical, the market is segmented into BFSI, government and defense, IT and telecom, healthcare, retail, energy and utilities, and manufacturing, and others.


By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.


Regional Analysis


The global market for network security policy management market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of global network security policy management market is studied for North America, Europe, Asia-Pacific, and rest of the world.


North America is expected to dominate network security policy management market during forecast period. North America region is considered most advanced region in terms of infrastructure, technology, and cybersecurity solutions adoption. The presence of big players and early adoption of new technologies such as IoT and Artificial Intelligence (AI) drives the network security policy management market in North America region. US is expected to be the dominating country in the network security policy management market in North America region during the forecast period.


Asia-Pacific is expected to grow at the fastest rate during the forecast period. IT & telecom sector drives the network security policy management market in Asia-Pacific region. Asia-pacific is economically and technologically developed region and countries such as China, Japan, and India are expected to dominate the network security policy management market in Asia-Pacific region. Budget constraints in the enterprises to spend sufficiently on cybersecurity solutions is expected to hinder the growth of the market in the Asia-Pacific region.
Competitive Analysis


The market is competitive with all the players competing to gain market share. Strong competition, rapid growth in technology, and frequent changes in adoption rate of network security policy management solutions by various industry verticals are key factors that confront market growth. The vendors compete based on cost, reliability, and aftermarket method. It is crucial for the vendors to provide cost-efficient and high-quality solutions to survive and succeed in an intensely competitive market. The companies in the network security policy management are majorly adopting the strategy of innovating on their product and service offerings with increasing investment on research and development (R&D) activities.


Key players


The prominent players in network security policy management market are Palo Alto Networks, Inc., Check Point Software Technologies Ltd., AlgoSec Inc., Forcepoint LLC, HPE Development LP, FireMon, LLC, IBM Corporation, Sophos Ltd., Juniper Networks, Inc., and Tufin Software Technologies.


Intended Audience



  • Cybersecurity vendors

  • Software solution providers

  • Network Solution Providers

  • IT Administrators

  • Cloud Service Providers

  • Government, financial, and research institutions as well as investment communities

  • Distributors and Value-added Resellers (VARs)

  • Independent Software Vendors (ISVs)

  • Analytics solution providers

  • System Integrators

  • Enterprises



Frequently Asked Questions (FAQ) :


The market will be gaining a valuation of USD 2.14 billion by 2023.

The network security policy management market is going to expand during the years 2018–2023.

The rising need to protect the network layer of an enterprise from advanced cyber threats and expanding demand to meet the compliance requirements drives the network security policy management market.

North America is expected to lead the network security policy management market during the forecast period.

TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Overview

4.1. Porter’s Five Forces Analysis

4.1.1. Threat of New Entrants

4.1.2. Bargaining power of buyers

4.1.3. Threat of substitutes

4.1.4. Rivalry

4.1.5. Bargaining Power of Suppliers

4.2. Value Chain Analysis

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.3.4. Challenges

4.3.5. Impact Analysis of Drivers and Restraints

5. Network Security Policy Management Market, By Component

5.1. Introduction

5.2. Solution

5.2.1. Market Estimates & Forecast, 2018–2023

5.2.2. Market Estimates & Forecast, By Region, 2018–2023

5.2.3. Security Policy Management

5.2.3.1. Market Estimates & Forecast, 2018–2023

5.2.3.2. Market Estimates & Forecast, By Region, 2018–2023

5.2.4. Risk Analysis

5.2.4.1. Market Estimates & Forecast, 2018–2023

5.2.4.2. Market Estimates & Forecast, By Region, 2018–2023

5.2.5. Change Management System

5.2.5.1. Market Estimates & Forecast, 2018–2023

5.2.5.2. Market Estimates & Forecast, By Region, 2018–2023

5.2.6. Application Connectivity Management

5.2.6.1. Market Estimates & Forecast, 2018–2023

5.2.6.2. Market Estimates & Forecast, By Region, 2018–2023

5.3. Services

5.3.1. Market Estimates & Forecast, 2018–2023

5.3.2. Market Estimates & Forecast, By Region, 2018–2023

5.3.3. Professional Services

5.3.3.1. Market Estimates & Forecast, 2018–2023

5.3.3.2. Market Estimates & Forecast, By Region, 2018–2023

5.3.4. Managed Services

5.3.4.1. Market Estimates & Forecast, 2018–2023

5.3.4.2. Market Estimates & Forecast, By Region, 2018–2023

6. Network Security Policy Management Market, By Deployment Mode

6.1. Introduction

6.2. Cloud

6.2.1. Market Estimates & Forecast, 2018–2023

6.2.2. Market Estimates & Forecast, By Region, 2018–2023

6.3. On-premises

6.3.1. Market Estimates & Forecast, 2018–2023

6.3.2. Market Estimates & Forecast, By Region, 2018–2023

7. Network Security Policy Management Market, By Industry Vertical

7.1. Introduction

7.2. BFSI

7.2.1. Market Estimates & Forecast, 2018–2023

7.2.2. Market Estimates & Forecast, By Region, 2018–2023

7.3. Government and Defense

7.3.1. Market Estimates & Forecast, 2018–2023

7.3.2. Market Estimates & Forecast, By Region, 2018–2023

7.4. IT and Telecom

7.4.1. Market Estimates & Forecast, 2018–2023

7.4.2. Market Estimates & Forecast, By Region, 2018–2023

7.5. Healthcare

7.5.1. Market Estimates & Forecast, 2018–2023

7.5.2. Market Estimates & Forecast, By Region, 2018–2023

7.6. Retail

7.6.1. Market Estimates & Forecast, 2018–2023

7.6.2. Market Estimates & Forecast, By Region, 2018–2023

7.7. Energy and Utilities

7.7.1. Market Estimates & Forecast, 2018–2023

7.7.2. Market Estimates & Forecast, By Region, 2018–2023

7.8. Manufacturing

7.8.1. Market Estimates & Forecast, 2018–2023

7.8.2. Market Estimates & Forecast, By Region, 2018–2023

7.9. Others

7.9.1. Market Estimates & Forecast, 2018–2023

7.9.2. Market Estimates & Forecast, By Region, 2018–2023

8. Network Security Policy Management Market, By Region

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, By Country, 2018–2023

8.2.2. Market Estimates & Forecast, By Component, 2018–2023

8.2.3. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.2.4. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.2.5. US

8.2.5.1. Market Estimates & Forecast, By Country, 2018–2023

8.2.5.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.2.5.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.2.6. Canada

8.2.6.1. Market Estimates & Forecast, By Component, 2018–2023

8.2.6.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.2.6.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.2.7. Mexico

8.2.7.1. Market Estimates & Forecast, By Component, 2018–2023

8.2.7.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.2.7.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.3. Europe

8.3.1. Market Estimates & Forecast, By Country 2018–2023

8.3.2. Market Estimates & Forecast, By Component, 2018–2023

8.3.3. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.3.4. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.3.5. Germany

8.3.5.1. Market Estimates & Forecast, By Component, 2018–2023

8.3.5.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.3.5.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.3.6. France

8.3.6.1. Market Estimates & Forecast, By Component, 2018–2023

8.3.6.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.3.6.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.3.7. UK

8.3.7.1. Market Estimates & Forecast, By Component, 2018–2023

8.3.7.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.3.7.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, By Country 2018–2023

8.4.2. Market Estimates & Forecast, By Component, 2018–2023

8.4.3. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.4.4. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.4.5. China

8.4.5.1. Market Estimates & Forecast, By Component, 2018–2023

8.4.5.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.4.5.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.4.6. India

8.4.6.1. Market Estimates & Forecast, By Component, 2018–2023

8.4.6.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.4.6.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.4.7. Japan

8.4.7.1. Market Estimates & Forecast, By Component, 2018–2023

8.4.7.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.4.7.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.4.7.4.

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, By Component, 2018–2023

8.4.8.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.4.8.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, By Country 2018–2023

8.5.2. Market Estimates & Forecast, By Component, 2018–2023

8.5.3. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.5.4. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.5.5. Middle East & Africa

8.5.5.1. Market Estimates & Forecast, By Component, 2018–2023

8.5.5.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.5.5.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

8.5.6. Latin America

8.5.6.1. Market Estimates & Forecast, By Component, 2018–2023

8.5.6.2. Market Estimates & Forecast, By Deployment Mode, 2018–2023

8.5.6.3. Market Estimates & Forecast, By Industry Vertical, 2018–2023

9. Company Profiles

9.1. Palo Alto Networks, Inc.

9.1.1. Company Overview

9.1.2. Application/Business Segment Overview

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. SWOT Analysis

9.1.6. Key Strategy

9.2. Check Point Software Technologies Ltd.

9.2.1. Company Overview

9.2.2. Application/Business Segment Overview

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. SWOT Analysis

9.2.6. Key Strategy

9.3. AlgoSec Inc.

9.3.1. Company Overview

9.3.2. Application/Business Segment Overview

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. SWOT Analysis

9.3.6. Key Strategy

9.4. Forcepoint LLC

9.4.1. Company Overview

9.4.2. Application/Business Segment Overview

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. SWOT Analysis

9.4.6. Key Strategy

9.5. HPE Development LP

9.5.1. Company Overview

9.5.2. Application/Business Segment Overview

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. SWOT Analysis

9.5.6. Key Strategy

9.6. FireMon, LLC

9.6.1. Company Overview

9.6.2. Application/Business Segment Overview

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. SWOT Analysis

9.6.6. Key Strategy

9.7. IBM Corporation

9.7.1. Company Overview

9.7.2. Application/Business Segment Overview

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. SWOT Analysis

9.7.6. Key Strategy

9.8. Sophos Ltd.

9.8.1. Company Overview

9.8.2. Application/Business Segment Overview

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. SWOT Analysis

9.8.6. Key Strategy

9.9. Juniper Networks, Inc.

9.9.1. Company Overview

9.9.2. Application/Business Segment Overview

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. SWOT Analysis

9.9.6. Key Strategy

9.10. Tufin Software Technologies

9.10.1. Company Overview

9.10.2. Application/Business Segment Overview

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. SWOT Analysis

9.10.6. Key Strategy

10. Conclusion


LIST OF TABLES
Table1 Global Network Security Policy Management Market, By Country, 2018–2023

Table2 North America: Network Security Policy Management Market, By Country, 2018–2023

Table3 Europe: Network Security Policy Management Market, By Country, 2018–2023

Table4 Asia-Pacific: Network Security Policy Management Market, By Country, 2018–2023

Table5 Rest of the World: Network Security Policy Management Market, By Country, 2018–2023

Table6 North America: Network Security Policy Management Market, By Country

Table7 North America: Network Security Policy Management Market, By Component

Table8 North America: Network Security Policy Management Market, By Deployment Mode

Table9 North America: Network Security Policy Management Market, By Industry Vertical

Table10 Europe: Network Security Policy Management Market, By Country

Table11 Europe: Network Security Policy Management Market, By Component

Table12 Europe: Network Security Policy Management Market, By Deployment Mode

Table13 Europe: Network Security Policy Management Market, By Industry Vertical

Table14 Asia-Pacific: Network Security Policy Management Market, By Country

Table15 Asia-Pacific Network Security Policy Management Market, By Component

Table16 Asia-Pacific Network Security Policy Management Market, By Deployment Mode

Table17 Asia-Pacific Network Security Policy Management Market, By Industry Vertical

Table18 Middle East & Africa: Network Security Policy Management Market, By Country

Table19 Middle East & Africa: Network Security Policy Management Market, By Component

Table20 Middle East & Africa: Network Security Policy Management Market, By Deployment Mode

Table21 Middle East & Africa: Network Security Policy Management Market, By Industry Vertical

Table22 Latin America: Network Security Policy Management Market, By Country

Table23 Latin America: Network Security Policy Management Market, By Component

Table24 Latin America: Network Security Policy Management Market, By Deployment Mode

Table25 Latin America: Network Security Policy Management Market, By Industry Vertical

LIST OF FIGURES
Figure 1 Global Network Security Policy Management Market segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of Global Network Security Policy Management Market

Figure 4 Value Chain of Global Network Security Policy Management Market

Figure 5 Share of Network Security Policy Management Market in 2018, By country (in %)

Figure 6 Global Network Security Policy Management Market, 2018–2023

Figure 7 Share of Global Network Security Policy Management Market By Industry, 2018–2023

Figure 8 Global Network Security Policy Management Market Size, By Component, 2018

Figure 9 Share of Global Network Security Policy Management Market, By Component, 2018–2023

Figure 10 Global Network Security Policy Management Market Size, By Deployment Mode, 2018

Figure 11 Share of Global Network Security Policy Management Market, By Deployment Mode, 2018–2023

Figure 12 Global Network Security Policy Management Market Size, By Industry Vertical, 2018

Figure 13 Share of Global Network Security Policy Management Market, By Industry Vertical, 2018–2023