Information technology security policies are the practices and rules that an enterprise uses to protect, manage, maintain, and monitor its information resources. These policies are carefully developed, implemented, documented, evaluated, and reviewed on a timely basis to ensure a secured and properly managed network system. The network security policy management solution intelligently automates and simplifies the network security policy management process across the cloud, SDNs, and on-premise firewalls. The cloud-based segment is expected to account for a significant share of the network security policy management market over the forecast period. The global network security policy management market is currently driven by increase in the number and intensity of cyber-attacks.
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% during the forecast period.
Growing focus on addressing digital business risks, and focus on building detection and response capabilities are some of the factors expected to drive the network security policy management market. However, lack of awareness about cyber threats in some regions is a factor restraining the market. Many organizations do not provide requisite training and education about cyber threats to their employees as they themselves are not aware about it. Availability of network security policy management solutions on-demand via a SaaS model is anticipated to present significant opportunities for the network security policy management market.The SaaS option reduces the capital expenditure with the provision of subscription based, scaling pricing model. The end-user can process network security policy changes in real time across any cloud security control and on-premise security device.
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This report analyzes and forecasts the network security policy management market at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the network security policy management market. It covers the region-wise impact of these drivers and restraints during the forecast period. The study also provides market share of major players in terms of revenue and percentage share for the global market.
Network Security Policy Management Market: Taxonomy
This research study on the network security policy management market provides a detailed analysis based on different segmentation categories such as 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 on-premise and cloud-based. The cloud segment has been further split into public, private, and hybrid. Based on solution, the market has been classified into security policy management, change management system, risk and vulnerability analysis, and application connectivity management. In terms ofenterprise size, the market has been divided into small and medium enterprises and large enterprises. Furthermore, based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Network Security Policy Management Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, market reports, Factiva, etc..
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Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information about the market size, market trends, growth trends, competitive landscape, outlook, etc. These help us validate and strengthen secondary research findings. They also help develop the analysis team’s market expertise and understanding.
