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Cybersecurity Challenges Fueling Demand For NSPM Software Driver: Leading Transformation in the Network Security Policy Management (NPSM) Software Market in 2025

02-06-2025 01:27 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Network Security Policy Management NPSM Software Market Size

Network Security Policy Management NPSM Software Market Size

What Are the Projected Growth and Market Size Trends for the Network Security Policy Management (NPSM) Software Market?
The network security policy management (NPSM) software market has experienced rapid growth in recent years. It is projected to expand from $1.69 billion in 2024 to $1.96 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.1%. The historical growth can be attributed to rising cybersecurity threats, stringent compliance regulations, increasing complexity in network structures, the growing volume of sensitive data, and the widespread adoption of cloud computing.

The network security policy management (NPSM) software market is expected to experience rapid growth, reaching $3.56 billion by 2029 with a compound annual growth rate (CAGR) of 16.2%. Factors driving this growth include integration with artificial intelligence (AI) and machine learning (ML), the adoption of zero trust architecture, challenges related to remote work, and regulatory developments. Key trends during the forecast period include a focus on user-centric policies, technological advancements, integration with the broader security ecosystem, threat intelligence, and automation.

What Is Driving the Growth Trajectory of the Network Security Policy Management (NPSM) Software Market?
The rise in cyber threats is expected to fuel the expansion of the network security policy management (NPSM) software market. Cyber threats encompass a variety of malicious activities that pose risks to computer systems, networks, and sensitive information. Network security policy management (NPSM) software helps organizations combat cyber threats by implementing and maintaining security policies that protect networks from unauthorized access, data breaches, and cyberattacks. For instance, in February 2023, the Australian Cyber Security Centre reported that cybercrime incidents increased to 76,000 in 2022, reflecting a 13% rise from the previous year. As a result, the increase in cyber threats is driving the network security policy management (NPSM) software market forward.

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Which Leading Companies Are Shaping the Growth of the Network Security Policy Management (NPSM) Software Market?
Major companies operating in the network security policy management (npsm) software market report are Amazon Web Services Inc., The International Business Machines Corporation, Cisco Systems Inc., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Arista Networks Inc., F5 Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., CyberArk Software Ltd., Varonis Systems, SailPoint Technologies Inc., Bitdefender SRL, Ping Identity Corporation, Tufin, McAfee Corp., Skybox Security Inc., Aviatrix Inc., AlgoSec, Sophos Group PLC, RedSeal Inc., Untangle Inc., SolarWinds Corporation

What Are the Major Trends Shaping the Network Security Policy Management (NPSM) Software Market?
Key players in the network security policy management (NSPM) software market are incorporating AI-driven security policy management platforms to maintain a competitive edge. AI-powered security policy platforms address issues such as policy complexity, inconsistency, and drift. For instance, in September 2023, Discern Security, a US-based cybersecurity firm, introduced an AI-driven security policy management platform. This system analyzes and manages security policies, ensuring compliance and minimizing risks for organizations.

What Are the Key Segments of the Network Security Policy Management (NPSM) Software Market?
The network security policy management (NPSM) software market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment: On-Premise, Cloud-Based
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Industry: Banking, Financial Services, And Insurance (BFSI), Health Care, Government And Defense, Information Technology(IT) And Telecom, Retail And E-commerce, Energy And Utilities, Other Industries

Subsegments:
1) By Solutions: Firewall Management, Security Information And Event Management (SIEM), Compliance Management, Threat Intelligence Solutions, Configuration Management, Access Control Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services, Managed Security Services

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Which Region Dominates the Network Security Policy Management (NPSM) Software Market?
North America was the largest region in the network security policy management (NPSM) software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network security policy management (npsm) software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Network Security Policy Management (NPSM) Software Global Market Report?

- Market Size Analysis: Analyze the Network Security Policy Management (NPSM) Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Network Security Policy Management (NPSM) Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Network Security Policy Management (NPSM) Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Network Security Policy Management (NPSM) Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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