Fairfield Market Research Network Security Policy Management (NSPM) Software Market Size | 2030

Network Security Policy Management (NSPM) Software Market

Global Network Security Policy Management (NSPM) Software Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Component Coverage, By Deployment Coverage, By Organisation Size, By Industry Size, By Geographic Coverage and By Company)

Published Date: Sep 2023 | Format: | No. of Pages: 330

Industry: Information & Communications Technology


Request Customization $4,995.00Buy now

Global Network Security Policy Management (NSPM) Software Market Forecast

  • Global network security policy management (NSPM) software market revenue to reach nearly US$30 Bn by 2030
  • Market value poised to expand at a robust CAGR of 9% during 2023 - 2030

Market Analysis in Brief

Network security policy management (NSPM) software serves to control and manage a company's network security policy. To make the process of implementing security measures across numerous firewalls, routers, and switches more efficient, network policy and configuration management software was developed. The program provides an overarching framework on which network security policies may be developed, revised, and applied throughout the whole network of an organisation. Data encryption, access control, and intrusion detection are just a few examples of security elements that might be subject to rules. One significant benefit of NSPM software is improved compliance management. The market growing rapidly, and in the coming years, its value is expected to increase significantly.

Network Security Policy Management (NSPM) Software Market

The main market drivers are the surge in cyberattacks and the need for enterprises to implement robust network security measures to protect their critical information and infrastructure. The market for NSPM software is also predicted to grow due to the expanding trend of BWOD policies in workplaces and the rising popularity of cloud-based services. Another factor driving the market is the need for centralised policy administration in complex and scattered network environments. For startps or those with fewer assets, the expense of obtaining and integrating the software and employing and training employees to operate it can be a substantial hurdle.

Key Report Findings

  • The network security policy management software market will demonstrate more than 2x expansion in revenue over the decade, i.e., between 2023 and 2030
  • The demand for more efficient compliance management and network security laws' growing complexity are key market growth drivers.
  • Demand for cloud-based software remains higher in the NSPM software market.
  • The government sector held the largest market revenue share in 2022.
  • North America will continue to lead its way, whereas the Asia Pacific network security policy management software market will experience significant growth till 2030.

Growth Drivers

Increasing Cyber Threats at Network Point Health

A growing number of people are using digital solutions, connected gadgets, and IT systems due to advancements in technology worldwide. The digital infrastructure is currently being created to communicate business data and applications across digital platforms, devices, and users. Because of this, hackers are increasingly using faultless hacking techniques to get into an organisation's IT system and acquire vital business data.

Furthermore, it was shown that the corporate sector had very poor defenses against attackers. Kaspersky Lab found that over 40% of businesses lacked a strong cybersecurity infrastructure. According to the report, insecure online applications were penetrated in roughly 73% of successful perimeter breaches in the business sector. Additionally, it is projected that an increase in cyber threats would increase demand for solutions and accelerate market expansion.

Establishment of BYOD Policy at Organisations

Employers encourage employees to use their own devices while at work, lowering system investments. BYOD enables mobile working for employees. Devices belonging to an employee that are connected to the company's network may access the data. Additionally, the expanding use of BYOD policies has led businesses to provide network security policy management software solutions.

An employer connects to many providers in logistics, for instance, and trades data with them. Adopting these solutions becomes even more crucial due to this element, which increases the risk of data leaks. The expanding adoption of BYOD policies in businesses is anticipated to fuel the overall growth of NSPM industry during the anticipated period.

Rising Trend of Implementing 5G across Large Organisations

The use of 5G technology is rising quickly. By delivering improved network solutions, 5G increases bandwidth use, dependability, and latency while enabling devices to operate at high rates. As a result, technologies, including machine learning (ML), industrial IoT, and Artificial Intelligence (AI) have adopted 5G widely. More data is anticipated to be shared over the network as 5G technology is rapidly incorporated into business applications, creating new risks to data security.

Cyberattackers are a worry for users as well as 5G service providers. The demand for network security policy management (NSPM) software solutions is anticipated to rise with the adoption of 5G services. 5G technology and IoT are combined to increase data flow in applications, including driverless cars, robotic process automation, virtual reality, augmented reality, smart cities, and others.

These programs require a connection with high bandwidth as they regularly exchange data over the internet for analysis. Users can anticipate 5G to deliver the necessary speeds. Deploying 5G services is expected to increase over the forecasted period, this is anticipated to accelerate the demand for software for network security policy management.

Growth Challenges

High Cost of Set-up

When integrating NSPM software into an organisation's infrastructure, one of the biggest challenges is the cost of installation, setup, and maintenance. Digital security is predicted to rely heavily on data-driven technologies and call for very expensive, complicated instruments with high operating expenses, restraining the expansion of this market.

However, the high initial costs of equipment are outweighed by the necessity and importance of a strong internet security infrastructure in a contemporary company environment. Due to the elevated security risks in the contemporary business environment, organisations are seen choosing to purchase advanced network security policy management software equipment despite its high cost.

Overview of Key Segments

Cloud-based Deployment Most Preferred

Cloud deployment will have the largest market share during the projected period. Cloud or cloud computing security gathers techniques, technologies, guidelines, and policies to protect data on cloud-based systems. The growth of the cloud deployment network security policy management software market is driven by factors such as cost-effectiveness, the importance of cybersecurity, and the high level of automation in cloud data security.

Additionally, there are many opportunities for the network security policy management software market to grow due to the development of cutting-edge technology and the fierce competition among third-party vendors. The popularity of this strategy is primarily driven by its affordability and the availability of prompt services. This deployment is projected to grow quickly and exceed on-premise deployment techniques.

On-premise network security policy management (NSPM) software describes security measures that are installed on-site at a firm. On-premises security refers to the procedures and controls put in place to protect the effectiveness and security of computer networks' hardware and software. Antivirus software, VPNs, and firewalls are a few examples of physical security measures.

Government Sector Registers Notable Adoption

In terms of market size, the government sector is anticipated to acquire a major revenue share of the NSPM software market. With the increased use of mobility, public sector organisations worldwide have begun utilising mobile devices to boost employee productivity and better departmental operations. Information about the nation and its citizens is extremely sensitive and private in the government vertical. With cutting-edge technologies like mobile, social media, and cloud, the public can easily access and exploit this sensitive information.

Additionally, as technology is used more frequently, there are more cyberattacks, thefts, and attempts to access data without authorisation. The risk of unauthorised access is decreased by the network security software, which also aids in enhancing the protection of data and important information. Because they are affordable, network security policy management software is being adopted increasingly in the government sector.

The BFSI industry that comprises commercial banks, insurance companies, non-bank financial institutions, co-operatives, joint ventures, and retail businesses. The risk of data loss has increased in information technology due to the growing use of cloud-based solutions. This trait is anticipated to drive the rise of the BFSI industry in addition to the adoption of Internet-based NSPM software.

Due to increased worries about securing sensitive data, such as personal banking information, private corporate data, commercial banking information, and personally identifiable information, the network security policy management software market is anticipated to increase.

Growth Opportunities Across Regions

North America

Due to businesses' extensive adoption of network solutions, the network security policy management software market is rapidly growing in the US. Additionally, a growth in cyberattacks with a financial aim and data breaches has encouraged businesses to look for pre-network security policy management software.

Additionally, the top suppliers of Internet security solutions are situated in North America, providing users in this sector with significant growth potential. It is projected that the timely adoption of NSPM software solutions and the availability of Distributed Denial of Service (DDoS) protection from several vendors will stimulate regional market expansion. The defence, intelligence, and aerospace sectors help grow the North American market.

The region has made significant investments in cybersecurity solutions to stop the theft of smart assets and compromise systems used to control and monitor security systems and the state. The region's market is anticipated to expand due to the early adoption of NSPM software solutions and the presence of numerous suppliers offering protection and mitigation for DDoS. To identify and stop threats early on, businesses in the area are increasingly deploying network security software solutions.

Asia Pacific Forecasted to Exhibit Fastest Growth

During the projected period, Asia Pacific is anticipated to develop at a faster rate and occupy the second-largest share. An increase in the number of current threats could endanger the cybersecurity of businesses in Asia Pacific as they start to embrace the digital revolution. Organisations are increasingly choosing cybersecurity systems that offer complete information at every stage of the attack lifecycle to effectively handle cybersecurity threats, such as attack forecasting, detection, prevention, mitigation, and response.

Most governments in the area have passed legislation mandating businesses to keep track of the state of IT and OT security as well as data security, residential, and privacy rules. Regional businesses have increased security spending due to the General Data Protection Regulation being regulated in 2018. Due to stringent cyber laws and enforcement procedures, businesses were forced to invest in cybersecurity.

Network Security Policy Management (NSPM) Software Market: Competitive Landscape

Some of the leading players at the forefront in the network security policy management (NSPM) software market space include Cisco SystemsPalo Alto Networks, Skybox Security, and Sophos.

Recent Notable Developments

In February 2023, Cisco, a cybersecurity and cloud solutions provider, plans to acquire Valtix, a pioneer in cloud network security, from Silicon Valley. Cisco's goals in multi-cloud network security and the benefit of having tools for monitoring traffic through business apps prompted the acquisition. Application defense, secure deployment, and automated cloud application discovery are all capabilities of the Valtix platform.

In April 2022, Tufin, a company that pioneered a policy-centric approach to security and IT management, announced a definitive agreement to be purchased by Turn/River Capital, a software-focused investment company, for about $570 million in cash. Under the conditions of the agreement, Tufin investors will get $13.00 per share in cash, representing an increase of roughly 44% over Tufin's closing share price on April 5, 2022, which was the final full trading day before the deal's declaration, and a premium of roughly 54 percent over Tufin's one-month volume-weighted average closing price by April 5, 2022.

Global Network Security Policy Management (NSPM) Software Market is Segmented as Below:

By Component

  • Solutions
  • Services

By Deployment

  • On-premises
  • Cloud-based

By Organisation Size

  • Small and medium-sized enterprises (SMEs)
  • Large enterprises

By Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare
  • Government and Defence
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Miscellaneous

By Geographic Coverage

  • North America 
    • U.S. 
    • Canada 
  • Europe 
    • Germany
    • U.K.
    • France
    • Italy
    • Russia
    • Rest of Europe 
  • Asia Pacific 
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • Middle East & Africa  
    • GCC 
    • South Africa
    • Rest of Middle East & Africa

1. Executive Summary
    1.1. Global Network Security Policy Management (NPSM) Software Market Snapshot
    1.2. Future Projections
    1.3. Key Market Trends
    1.4. Regional Snapshot, by Value, 2022
    1.5. Analyst Recommendations

2. Market Overview
    2.1. Market Definitions and Segmentations
    2.2. Market Dynamics
           2.2.1. Drivers
           2.2.2. Restraints
           2.2.3. Market Opportunities
    2.3. Value Chain Analysis
    2.4. Porter’s Five Forces Analysis
    2.5. Covid-19 Impact Analysis
           2.5.1. Supply
           2.5.2. Demand
    2.6. Economic Overview
    2.7. PESTLE Analysis

3. Global Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    3.1. Global Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           3.1.1. Key Highlights
                 3.1.1.1. Solutions
                 3.1.1.2. Services
    3.2. Global Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           3.2.1. Key Highlights
                 3.2.1.1. On-premisess
                 3.2.1.2. Cloud-based
    3.3. Global Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           3.3.1. Key Highlights
                 3.3.1.1. Small and medium-sized enterprises (SMEs)
                 3.3.1.2. Large enterprises
    3.4. Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           3.4.1. Key Highlights
                 3.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 3.4.1.2. Health care
                 3.4.1.3. Government and Defence
                 3.4.1.4. IT and Telecom
                 3.4.1.5. Retail and e-commerce
                 3.4.1.6. Energy and utilities
                 3.4.1.7. Misc.
    3.5. Global Network Security Policy Management (NPSM) Software Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
           3.5.1. Key Highlights
                 3.5.1.1. North America
                 3.5.1.2. Europe
                 3.5.1.3. Asia Pacific
                 3.5.1.4. Latin America
                 3.5.1.5. Middle East & Africa

4. North America Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    4.1. North America Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           4.1.1. Key Highlights
                 4.1.1.1. Solutions
                 4.1.1.2. Services
    4.2. North America Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           4.2.1. Key Highlights
                 4.2.1.1. On-premises
                 4.2.1.2. Cloud-based
    4.3. North America Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           4.3.1. Key Highlights
                 4.3.1.1. Small and medium-sized enterprises (SMEs)
                 4.3.1.2. Large enterprises
    4.4. North America Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           4.4.1. Key Highlights
                 4.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 4.4.1.2. Health care
                 4.4.1.3. Government and Defence
                 4.4.1.4. IT and Telecom
                 4.4.1.5. Retail and e-commerce
                 4.4.1.6. Energy and utilities
                 4.4.1.7. Misc.
           4.4.2. Market Attractiveness Analysis
    4.5. North America Network Security Policy Management (NPSM) Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           4.5.1. Key Highlights
                 4.5.1.1. U.S. Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 4.5.1.2. U.S. Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 4.5.1.3. U.S. Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 4.5.1.4. U.S. Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 4.5.1.5. Canada Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 4.5.1.6. Canada Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 4.5.1.7. Canada Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 4.5.1.8. Canada Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
           4.5.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    5.1. Europe Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           5.1.1. Key Highlights
                 5.1.1.1. Solutions
                 5.1.1.2. Services
    5.2. Europe Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           5.2.1. Key Highlights
                 5.2.1.1. On-premises
                 5.2.1.2. Cloud-based
           5.2.2. BPS Analysis/Market Attractiveness Analysis
    5.3. Europe Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           5.3.1. Key Highlights
                 5.3.1.1. Small and medium-sized enterprises (SMEs)
                 5.3.1.2. Large enterprises
    5.4. Europe Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           5.4.1. Key Highlights
                 5.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 5.4.1.2. Health care
                 5.4.1.3. Government and Defence
                 5.4.1.4. IT and Telecom
                 5.4.1.5. Retail and e-commerce
                 5.4.1.6. Energy and utilities
                 5.4.1.7. Misc.
    5.5. Europe Network Security Policy Management (NPSM) Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           5.5.1. Key Highlights
                 5.5.1.1. Germany Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.2. Germany Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.3. Germany Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.4. Germany Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 5.5.1.5. U.K. Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.6. U.K. Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.7. U.K. Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.8. U.K. Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 5.5.1.9. France Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.10. France Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.11. France Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.12. France Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 5.5.1.13. Italy Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.14. Italy Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.15. Italy Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.16. Italy Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 5.5.1.17. Russia Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.18. Russia Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.19. Russia Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.20. Russia Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 5.5.1.21. Rest of Europe Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 5.5.1.22. Rest of Europe Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 5.5.1.23. Rest of Europe Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 5.5.1.24. Rest of Europe Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
           5.5.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    6.1. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           6.1.1. Key Highlights
                 6.1.1.1. Solutions
                 6.1.1.2. Services
    6.2. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           6.2.1. Key Highlights
                 6.2.1.1. On-premises
                 6.2.1.2. Cloud-based
           6.2.2. BPS Analysis/Market Attractiveness Analysis
    6.3. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           6.3.1. Key Highlights
                 6.3.1.1. Small and medium-sized enterprises (SMEs)
                 6.3.1.2. Large enterprises
    6.4. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           6.4.1. Key Highlights
                 6.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 6.4.1.2. Health care
                 6.4.1.3. Government and Defence
                 6.4.1.4. IT and Telecom
                 6.4.1.5. Retail and e-commerce
                 6.4.1.6. Energy and utilities
                 6.4.1.7. Misc.
    6.5. Asia Pacific Network Security Policy Management (NPSM) Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           6.5.1. Key Highlights
                 6.5.1.1. China Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.2. China Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.3. China Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.4. China Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 6.5.1.5. Japan Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.6. Japan Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.7. Japan Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.8. Japan Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 6.5.1.9. South Korea Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.10. South Korea Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.11. South Korea Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.12. South Korea Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 6.5.1.13. India Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.14. India Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.15. India Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.16. India Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 6.5.1.17. Southeast Asia Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.18. Southeast Asia Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.19. Southeast Asia Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.20. Southeast Asia Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 6.5.1.21. Rest of Asia Pacific Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 6.5.1.22. Rest of Asia Pacific Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 6.5.1.23. Rest of Asia Pacific Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 6.5.1.24. Rest of Asia Pacific Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
           6.5.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    7.1. Latin America Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           7.1.1. Key Highlights
                 7.1.1.1. Solutions
                 7.1.1.2. Services
    7.2. Latin America Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           7.2.1. Key Highlights
                 7.2.1.1. On-premises
                 7.2.1.2. Cloud-based
           7.2.2. BPS Analysis/Market Attractiveness Analysis
    7.3. Latin America Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           7.3.1. Key Highlights
                 7.3.1.1. Small and medium-sized enterprises (SMEs)
                 7.3.1.2. Large enterprises
    7.4. Latin America Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           7.4.1. Key Highlights
                 7.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 7.4.1.2. Health care
                 7.4.1.3. Government and Defence
                 7.4.1.4. IT and Telecom
                 7.4.1.5. Retail and e-commerce
                 7.4.1.6. Energy and utilities
                 7.4.1.7. Misc.
    7.5. Latin America Network Security Policy Management (NPSM) Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           7.5.1. Key Highlights
                 7.5.1.1. Brazil Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 7.5.1.2. Brazil Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 7.5.1.3. Brazil Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 7.5.1.4. Brazil Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 7.5.1.5. Mexico Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 7.5.1.6. Mexico Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 7.5.1.7. Mexico Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 7.5.1.8. Mexico Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 7.5.1.9. Rest of Latin America Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 7.5.1.10. Rest of Latin America Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 7.5.1.11. Rest of Latin America Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 7.5.1.12. Rest of Latin America Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
           7.5.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, 2018 - 2030
    8.1. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
           8.1.1. Key Highlights
                 8.1.1.1. Solutions
                 8.1.1.2. Services
    8.2. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
           8.2.1. Key Highlights
                 8.2.1.1. On-premises
                 8.2.1.2. Cloud-based
                 8.2.2. BPS Analysis/Market Attractiveness Analysis
    8.3. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, by Organization Size, Value (US$ Bn), 2018 - 2030
           8.3.1. Key Highlights
                 8.3.1.1. Small and medium-sized enterprises (SMEs)
                 8.3.1.2. Large enterprises
    8.4. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, by Industry, Value (US$ Bn), 2018 - 2030
           8.4.1. Key Highlights
                 8.4.1.1. Banking, Financial Services, and Insurance (BFSI)
                 8.4.1.2. Health care
                 8.4.1.3. Government and Defence
                 8.4.1.4. IT and Telecom
                 8.4.1.5. Retail and e-commerce
                 8.4.1.6. Energy and utilities
                 8.4.1.7. Misc.
    8.5. Middle East & Africa Network Security Policy Management (NPSM) Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           8.5.1. Key Highlights
                 8.5.1.1. GCC Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 8.5.1.2. GCC Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 8.5.1.3. GCC Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 8.5.1.4. GCC Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 8.5.1.5. South Africa Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 8.5.1.6. South Africa Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 8.5.1.7. South Africa Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 8.5.1.8. South Africa Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
                 8.5.1.9. Rest of Middle East & Africa Network Security Policy Management (NPSM) Software Market by Component, Value (US$ Bn), 2018 - 2030
                 8.5.1.10. Rest of Middle East & Africa Network Security Policy Management (NPSM) Software Market by Deployment, Value (US$ Bn), 2018 - 2030
                 8.5.1.11. Rest of Middle East & Africa Network Security Policy Management (NPSM) Software Market by Organization Size, Value (US$ Bn), 2018 - 2030
                 8.5.1.12. Rest of Middle East & Africa Network Security Policy Management (NPSM) Software Market by Industry, Value (US$ Bn), 2018 - 2030
           8.5.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape
    9.1. Company Market Share Analysis, 2022
    9.2. Competitive Dashboard
    9.3. Company Profiles
           9.3.1. Cisco Systems
                 9.3.1.1. Company Overview
                 9.3.1.2. Product Portfolio
                 9.3.1.3. Financial Overview
                 9.3.1.4. Business Strategies and Development
           9.3.2. Tufin
                 9.3.2.1. Company Overview
                 9.3.2.2. Product Portfolio
                 9.3.2.3. Financial Overview
                 9.3.2.4. Business Strategies and Development
           9.3.3. IBM
                 9.3.3.1. Company Overview
                 9.3.3.2. Product Portfolio
                 9.3.3.3. Financial Overview
                 9.3.3.4. Business Strategies and Development
           9.3.4. Microsoft
                 9.3.4.1. Company Overview
                 9.3.4.2. Product Portfolio
                 9.3.4.3. Financial Overview
                 9.3.4.4. Business Strategies and Development
           9.3.5. Amazon Web Services
                 9.3.5.1. Company Overview
                 9.3.5.2. Product Portfolio
                 9.3.5.3. Financial Overview
                 9.3.5.4. Business Strategies and Development
           9.3.6. Skybox Security
                 9.3.6.1. Company Overview
                 9.3.6.2. Product Portfolio
                 9.3.6.3. Financial Overview
                 9.3.6.4. Business Strategies and Development
           9.3.7. Indeni
                 9.3.7.1. Company Overview
                 9.3.7.2. Product Portfolio
                 9.3.7.3. Financial Overview
                 9.3.7.4. Business Strategies and Development
           9.3.8. SolarWinds Corporation
                 9.3.8.1. Company Overview
                 9.3.8.2. Product Portfolio
                 9.3.8.3. Financial Overview
                 9.3.8.4. Business Strategies and Development
           9.3.9. Ditno
                 9.3.9.1. Company Overview
                 9.3.9.2. Product Portfolio
                 9.3.9.3. Financial Overview
                 9.3.9.4. Business Strategies and Development
           9.3.10. Palo Alto Networks
                 9.3.10.1. Company Overview
                 9.3.10.2. Product Portfolio
                 9.3.10.3. Financial Overview
                 9.3.10.4. Business Strategies and Development
           9.3.11. FireMon
                 9.3.11.1. Company Overview
                 9.3.11.2. Product Portfolio
                 9.3.11.3. Financial Overview
                 9.3.11.4. Business Strategies and Development

10. Appendix
    10.1. Research Methodology
    10.2. Report Assumptions
    10.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2022

 

2018 - 2022

2023 - 2030

Value: US$ Million

 

REPORT FEATURES

DETAILS

Component Coverage

  • Solutions
  • Services

Deployment Coverage

  • On-premises
  • Cloud-based

Organisation Size Coverage

  • Small and medium-sized enterprises (SMEs)
  • Large enterprises

Industry Coverage

  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare
  • Government and Defence
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Miscellaneous

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of EU
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • Middles East & Africa
    • GCC Countries 
    • South Africa 
    • Rest of Middle East & Africa

Leading Companies

  • AlgoSec
  • Tufin
  • Microsoft
  • IBM
  • ManageEngine
  • Amazon Web Services
  • Skybox Security
  • Indeni
  • Cisco Systems
  • SolarWinds Corporation
  • Ditno
  • Palo Alto Networks
  • FireMon

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Network Security Policy Management (NSPM) Software Market

Network security policy management is the process of defining, implementing, monitoring, and managing security policies and rules across the business network infrastructure. It is crucial for businesses to ensure the confidentiality, integrity, and availability of their data and systems by effectively controlling network access and security configurations.

The market is driven by factors such as the increasing complexity of network environments, the growing volume of cyber threats, regulatory compliance requirements, and the need for organisations to maintain a strong security posture. Growing adoption of cloud and hybrid environments is also boosting the demand for policy management solutions. The market has been projected to demonstrate around 9% growth in revenue between 2023 and 2030, reaching an estimated revenue of US$30 billion.

The government sector acquires a major share of the NSPM software market. With the increased use of mobility, public sector organisations worldwide have begun utilising mobile devices to boost employee productivity and better departmental operations. This will keep the demand afloat in the sector.

North America, Europe, and Asia Pacific are prominent regions experiencing growth in the Network security policy management market. North America, especially the United States, is a major contributor due to a high number of cybersecurity-conscious enterprises. The Asia Pacific region is also growing rapidly, driven by increasing digitisation and cybersecurity awareness.

Major challenges may include the complexity of managing policies across heterogeneous network environments, ensuring compliance with evolving regulations, and dealing with the shortage of skilled cybersecurity professionals. Integration with existing security tools and addressing the dynamic nature of threats are also severe concerns.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
Fairfield Quality assured
Fairfield Confidentiality assured
Fairfield Custom research services