Global Network Security Policy Management Market will boost by the rise in need of data security and provide uniform visibility for security
Published | 24 June 2019
According to BlueWeave Consulting,
The Global Network Security Policy
Management Market is expected to grow with a significant rate during the
forecast period 2019-2025, owing to rise in need of effective security &
risk management tool and growth in concern over theft of data. The upsurge in
focus for addressing digital business risks and major focus on building
detection and response capabilities will foster the global Network Security
Policy Management Market in the forecast period.
Moreover, the major
factor driving market growth is due to its growing use in traffic handling,
network management, auditing, compliance and IT administrator. Furthermore,
augmentation in applications of Network Security Policy Management for intelligent
automation in firewalls, routers, VPNs, proxies and other related security
devices. Moreover, network security policy management helps in improving
operational efficiency, ensuring compliance and reducing risk, such factors are
expected to accelerate the growth of the Network Security Policy Management
market.
Additionally, availability of network security
policy management services SaaS model via the on-demand, which reduces the
capital expenses with the provision of subscription-based, scaling pricing
model will contribute to Network Security Policy Management market growth
during the forecast period. Also, applications of Network Security Policy
Management for automated firewall operations and streamlines security change
lifecycle across firewalls, routers, and proxies are expected to boost the
Network Security Policy Management market in the upcoming year.
Security Policy
Management solution of Network Security Policy Management Market is projected
to be the leading segment of the overall market during the forecast period
On the basis of Solution, the Network Security
Policy Management market has been segmented into Change Management System, Risk
Analysis, Security Policy Management, and Others. Security Policy Management
segment dominates the global Network Security Policy Management Market owing to
growing application for automatically discover and migrate application
connectivity, proactively analyze risk from the business perspective, tie
cyber-attacks to business processes and intelligently automate time-consuming
security policy changes. Risk analysis market will be driven by its benefits in
minimizing risk, prevent outages and ensure compliance and assess &
prioritize risks to the network system.
Cloud-based Deployment
model of Network Security Policy Management Market is anticipated to be the
dominating segment of the overall market during the forecast period
On the basis of Deployment Model, the Network
Security Policy Management market has been segmented into Cloud and On-Premise.
Cloud segment will dominate the market due to internet access and more reliable
WAN bandwidth, which have made it easier to push more networking management
functions into the cloud. On-premise will grow by its features like reliable,
secure, and allow enterprises to maintain a level of control that the cloud
often cannot.
BFSI is projected to
lead the industry for utilizing applications of the Network Security Policy
Management during the forecast period
On the basis of End-User Industry, the Network
Security Policy Management market has been segmented into BFSI, Transportation,
Retail, Telecom & IT, Healthcare, and Others. By End-User Industry, BFSI
will lead the market owing to its Improvement in security, network, data
access, and infrastructural regulation, continuous network connectivity, which
are mostly linked by private and public networks. IT & Telecom will propel
by its application for access control, transparency, visibility and the defense
against malicious attacks.
The Asia Pacific
accounts for the lion’s share of the global Network Security Policy Management
market during the anticipated period.
On the basis of region, the Network Security
Policy Management Market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. The Asia Pacific
dominates the world Network Security Policy Management market over the forecast
period on account of growing demand for cyber security services from small and
medium enterprises. Market for European countries is expected to grow on
account of trends such as bring your own devices, IoT and connected devices.
Global Network Security
Policy Management Market Competitive Landscape
Companies such as 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. are
the key players in the global Network Security Policy Management market.
Don’t miss the business
opportunity of Network Security Policy Management Market. Consult our analyst
and gain crucial insights and facilitate your business growth.
The in-depth analysis of the report
provides the growth potential, upcoming trends and statistics of Global Network
Security Policy Management Market size & forecast. The report promises to
provide state-of-the-art technology of Network Security Policy Management
production and industry insights which help decision makers to take sound
strategic decisions. Furthermore, the report also analyzes the market drivers
and challenges and competitive analysis of the market.
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