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Security Policy Management Market Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges

03-16-2020 08:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Security Policy Management Market Latest Innovations,

The security policy management market is being driven by the increasing usage of such solutions by the banking, financial services, and insurance (BFSI) sector. As companies in the domain are rapidly adopting natural language processing (NLP), machine learning, and cloud computing, IT teams are facing intense pressure to protect the companies from cyber-attacks, and at the same time, streamline the operations.

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With security policy management, the potential impact of any modification in the policies can be pre-assessed, which aids in ensuring regulatory compliance, reducing risk, and keep operations running. In 2018, the largest category in the security policy management market, based on application, changed management. This is because solutions designed for this purpose perform a range of functions, including blocking unauthorized access, tracking security changes, and alerting users about restoration to earlier versions as well as about the changes.

Company Profiles

1.1 AlgoSec Inc.
1.1.1 Business Overview
1.1.2 Product and Service Offerings

1.2 Cisco Systems Inc.
1.2.1 Business Overview
1.2.2 Product and Service Offerings
1.2.3 Key Financial Summary

1.3 Juniper Networks Inc.
1.3.1 Business Overview
1.3.2 Product and Service Offerings
1.3.3 Key Financial Summary

1.4 Check Point Software Technologies Ltd.
1.4.1 Business Overview
1.4.2 Product and Service Offerings
1.4.3 Key Financial Summary

1.5 Palo Alto Networks Inc.
1.5.1 Business Overview
1.5.2 Product and Service Offerings
1.5.3 Key Financial Summary

1.6 FireMon LLC
1.6.1 Business Overview
1.6.2 Product and Service Offerings

1.7 HelpSystems LLC
1.7.1 Business Overview
1.7.2 Product and Service Offerings

1.8 Tufin Software Technologies Ltd.
1.8.1 Business Overview
1.8.2 Product and Service Offerings

1.9 Odyssey Consultants Ltd.
1.9.1 Business Overview
1.9.2 Product and Service Offerings

1.10 International Business Machines Corporation
1.10.1 Business Overview
1.10.2 Product and Service Offerings
1.10.3 Key Financial Summary

Further, large enterprises would dominate the market in 2024, based on enterprise size. It is because they have higher budgets, to implement solutions for smoother management of their complicated network operations, protection from cyber-attacks, and automation of their security policy change process. In 2024, North America and Europe would hold a cumulative share of more than 60.0% in the security policy management market.

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Rapid migration to cloud, rising instances of cyber-attacks, popularity of hybrid network models, stringent regulations, and wide acceptance of the bring-your-own-device policy are the major reasons behind this. Asia-Pacific (APAC) is another important region from the point of market revenue generation, owing to its bettering IT infrastructure, surging adoption of cloud solutions and next-generation technologies, and threat of cyber-attacks on the healthcare, oil & gas, transportation, and utilities domains.

Security Policy Management Market Segmentation

Market Segmentation by Component
Solution
Service
Professional
Managed

Market Segmentation by Deployment
On-Premises
Cloud

Market Segmentation by Enterprise Size
Large Enterprise
Small and Medium Enterprise (SME)

Market Segmentation by Application
Network Policy Management
Compliance and Auditing
Change management
Vulnerability Assessment
Others (Application Connectivity Management and Risk Management)

Market Segmentation by Industry
Banking, Financial Services, and Insurance (BFSI)
Retail and E-Commerce
Healthcare
IT & Telecom
Government
Manufacturing
Others (Energy & Utilities, Oil & Gas, Education, and Automotive)

P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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