Security Policy Management Market

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primary Participants’ Profiles
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Top-Down and Bottom-Up Approaches
    2.4 Market Forecast
    2.5 Microquadrant Research Methodology
           2.5.1 Vendor Inclusion Criteria
    2.6 Assumptions for the Study
    2.7 Limitations of the Study

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Market Opportunities in the Security Policy Management Market
    4.2 Market By Component, 2019
    4.3 Market By Organization Size, 2019–2024
    4.4 Market Market Share of Top 3 Industry Verticals and Regions, 2019
    4.5 Market  By Product Type, 2019
    4.6 Market Investment Scenario

5 Market Overview and Industry Trends (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Demand for Greater Business Agility Without Sacrificing Security
                    5.2.1.2 Need to Reduce the Reliance on Manual Processes
           5.2.2 Restraints
                    5.2.2.1 Continuously Changing Business Requirements
           5.2.3 Opportunities
                    5.2.3.1 Shift From Homogenous Model to Hybrid Network Model
                    5.2.3.2 Growing Pressure From Regulatory Bodies to Maintain Proper Security Policies
           5.2.4 Challenges
                    5.2.4.1 Low Cybersecurity Budget
    5.3 Industry Trends
           5.3.1 Centralized Security Policy Management
    5.4 Security Policy Management: use Cases
           5.4.1 Cdw Attaining Sox Compliance With Ease
           5.4.2 Tekjet Adopted Check Point for Security Management
    5.5 Regulatory Implications
           5.5.1 General Data Protection Regulation
           5.5.2 Payment Card Industry Data Security Standard
           5.5.3 Health Insurance Portability and Accountability Act
           5.5.4 Federal Information Security Management Act
           5.5.5 Gramm-Leach-Bliley Act
           5.5.6 Sarbanes-Oxley Act
           5.5.7 The International Organization for Standardization 27001

6 Security Policy Management Market By Component (Page No. - 42)
    6.1 Introduction
    6.2 Solution
           6.2.1 Need to Secure Organizations From Cyberattacks to Drive the Adoption of Security Policy Management Solutions
    6.3 Services
           6.3.1 Professional Services
                    6.3.1.1 Increasing Need for Security Professionals to Drive the Demand for Professional Services
           6.3.2 Managed Services
                    6.3.2.1 Increasing Need to Reduce Data Breaches and Protect Intellectual Property Driving the Demand for Managed Services

7 Security Policy Management Market By Product Type (Page No. - 48)
    7.1 Introduction
    7.2 Network Policy Management
           7.2.1 Growing Complexities in Networks to Boost the Demand for Network Policy Management
    7.3 Compliance and Auditing
           7.3.1 Growing Need for Dynamic Policy Auditing and Risk Analysis to Fuel the Demand for Compliance and Auditing
    7.4 Change Management
           7.4.1 Increasing Network Policy Changes to Drive the Demand for Change Management
    7.5 Vulnerability Assessment
           7.5.1 Surging Need to Identify Network Vulnerabilities Driving the Demand for Vulnerability Management

8 Security Policy Management Market By Organization Size (Page No. - 54)
    8.1 Introduction
    8.2 Small and Medium-Sized Enterprises
           8.2.1 Rising Security Issues to Drive the Adoption of Security Policy Management Solutions Among Small and Medium-Sized Enterprises
    8.3 Large Enterprises
           8.3.1 Increasing Cyberattacks and Hefty Fines for Regulatory Non-Compliance to Boost the Adoption of Security Policy Management Solutions Among Large Enterprises

9 Security Policy Management Market By Vertical (Page No. - 58)
    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
           9.2.1 Growing Need to Adhere to Stringent Regulatory Compliances Driving the Adoption of Security Policy Management Solutions in Banking, Financial Services,  and Insurance Vertical
    9.3 Government and Public Sector
           9.3.1 Increasing Need to Protect Sensitive Data of Citizens as Well as Organizations Driving the Adoption of Security Policy Management Solutions in Government and Public Sector
    9.4 IT and Telecom
           9.4.1 Increasing Need for Web, Mobile, and Cloud-Based Applications to Drive the Demand for Security Policy Management Solutions in IT and Telecom Vertical
    9.5 Healthcare
           9.5.1 Growing Need for Securing Patients’ Data to Boost the Adoption of Security Policy Management Solutions in Healthcare
    9.6 Retail
           9.6.1 Need to Reduce Operational Cost and Enhance Profit Margins Driving the Adoption of Security Policy Management Solutions in Retail
    9.7 Manufacturing
           9.7.1 Rising Need for Effective Risk Management to Drive the Adoption of Security Policy Management Solutions in Manufacturing
    9.8 Energy and Utilities
           9.8.1 Need for IIoT and Connected Devices to Spur the Demand for Security Policy Management Solutions in Energy and Utilities
    9.9 Others

10 Security Policy Management Market, By Region (Page No. - 68)
     10.1 Introduction
     10.2 North America
             10.2.1 United States
                       10.2.1.1 Stringent Regulatory Standards and a Large Number of Vendors to Drive the Growth of Market in the US
             10.2.2 Canada
                       10.2.2.1 Increasing Adoption of New Technology to Drive the Growth of Market in Canada
     10.3 Europe
             10.3.1 United Kingdom
                       10.3.1.1 Existing Laws and Regulations and Adoption of New Technologies to Drive the Demand for Security Policy Management Solutions in the UK
             10.3.2 Germany
                       10.3.2.1 Existing Ecosystem to Increase the Need for Security Policy Management Solutions in German Organizations
             10.3.3 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
                       10.4.1.1 Already Existing Economy to Boost the Growth of Market in China
             10.4.2 Japan
                       10.4.2.1 Government Initiatives and Increase in Need for Cybersecurity to Spur the Demand for Security Policy Management Solutions in Japan
             10.4.3 India
                       10.4.3.1 Presence of Local and International Players to Contribute to the Growth of Market in India
             10.4.4 Rest of Asia Pacific
     10.5 Middle East and Africa
             10.5.1 Middle East
                       10.5.1.1 Government Initiatives and Digitalization of Core Business Functions to Drive the Growth of the Market in the Middle East
             10.5.2 Africa
                       10.5.2.1 Communication Service Providers’ Continued Focus on Cloud Technologies to Boost the Growth of the Market in Africa
     10.6 Latin America
             10.6.1 Brazil
                       10.6.1.1 Banking Sector to Drive the Growth of Security Policy Management in Brazil
             10.6.2 Mexico
                       10.6.2.1 Focus of Mexican Government Toward Egovernance Using Cloud Technologies to Drive the Demand for Security Policy Management Solutions in Mexico
             10.6.3 Rest of Latin America

11 Competitive Landscape (Page No. - 92)
     11.1 Competitive Leadership Mapping
             11.1.1 Visionary Leaders
             11.1.2 Innovators
             11.1.3 Dynamic Differentiators
             11.1.4 Emerging Companies
     11.2 Competitive Scenario
             11.2.1 Partnerships, Agreements, and Collaborations
             11.2.2 New Product Launches/Product Enhancements
             11.2.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 98)
     12.1 Introduction
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.2 Cisco
     12.3 Micro Focus
     12.4 Palo Alto Networks
     12.5 Check Point Software Technologies
     12.6 McAfee
     12.7 Juniper Networks
     12.8 Firemon
     12.9 HelpSystems
     12.10 AlgoSec
     12.11 Tufin
     12.12 CoNetrix
     12.13 Imanage
     12.14 Odyssey Consultants
     12.15 OPAQ Networks
     12.16 Enterprise Integration
     12.17 Skybox Security

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 128)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’  Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details

List of Tables (60 Tables)

Table 1 Factor Analysis
Table 2 Evaluation Criteria
Table 3 Security Policy Management Market Size and Growth, 2017–2024 (USD Million, Y-O-Y %)
Table 4 Market Size By Component, 2017–2024 (USD Million)
Table 5 Solution: Market Size By Region, 2017–2024 (USD Million)
Table 6 Services: Market Size By Region, 2017–2024 (USD Million)
Table 7 Services: Market Size By Type, 2017–2024 (USD Million)
Table 8 Professional Services Market Size, By Region, 2017–2024 (USD Million)
Table 9 Managed Services Market Size, By Region, 2017–2024 (USD Million)
Table 10 Security Policy Management Market Size, By Product Type, 2017–2024 (USD Million)
Table 11 Network Policy Management: Market Size  By Region, 2017–2024 (USD Million)
Table 12 Compliance and Auditing: Market Size By Region, 2017–2024 (USD Million)
Table 13 Change Management: Market Size By Region, 2017–2024 (USD Million)
Table 14 Vulnerability Assessment: Market Size By Region, 2017–2024 (USD Million)
Table 15 Security Policy Management Market Size, By Organization Size, 2017–2024 (USD Million)
Table 16 Small and Medium-Sized Enterprises: Market Size By Region, 2017–2024 (USD Million)
Table 17 Large Enterprises: Market Size By Region,  2017–2024 (USD Million)
Table 18 Security Policy Management Market Size, By Vertical, 2017–2024 (USD Million)
Table 19 Banking, Financial Services, and Insurance: Market Size By Region, 2017–2024 (USD Million)
Table 20 Government and Public Sector: Market Size By Region, 2017–2024 (USD Million)
Table 21 IT and Telecom: Market Size By Region, 2017–2024 (USD Million)
Table 22 Healthcare: Market Size By Region, 2017–2024 (USD Million)
Table 23 Retail: Market Size By Region, 2017–2024 (USD Million)
Table 24 Manufacturing: Market Size, By Region,  2017–2024 (USD Million)
Table 25 Energy and Utilities: Market Size By Region, 2017–2024 (USD Million)
Table 26 Others: Market Size By Region, 2017–2024 (USD Million)
Table 27 Security Policy Management Market Size, By Region, 2017–2024 (USD Million)
Table 28 North America: Market Size By Component, 2017–2024 (USD Million)
Table 29 North America: Market Size By Service,  2017–2024 (USD Million)
Table 30 North America: Market Size By Product Type, 2017–2024 (USD Million)
Table 31 North America: Market Size By Organization Size, 2017–2024 (USD Million)
Table 32 North America: Market Size By Vertical,  2017–2024 (USD Million)
Table 33 North America: Market Size By Country,  2017–2024 (USD Million)
Table 34 Europe: Security Policy Management Market Size, By Component, 2017–2024 (USD Million)
Table 35 Europe: Market Size By Service, 2017–2024 (USD Million)
Table 36 Europe: Market Size By Product Type,  2017–2024 (USD Million)
Table 37 Europe: Market Size By Organization Size,  2017–2024 (USD Million)
Table 38 Europe: Market Size By Vertical, 2017–2024 (USD Million)
Table 39 Europe: Market Size By Country, 2017–2024 (USD Million)
Table 40 Asia Pacific: Security Policy Management Market Size, By Component,  2017–2024 (USD Million)
Table 41 Asia Pacific: Market Size By Service, 2017–2024 (USD Million)
Table 42 Asia Pacific: Market Size By Product Type,  2017–2024 (USD Million)
Table 43 Asia Pacific: Market Size By Organization Size, 2017–2024 (USD Million)
Table 44 Asia Pacific: Market Size By Vertical,  2017–2024 (USD Million)
Table 45 Asia Pacific: Market Size By Country,  2017–2024 (USD Million)
Table 46 Middle East and Africa: Market Size By Component, 2017–2024 (USD Million)
Table 47 North America: Market Size By Service,  2017–2024 (USD Million)
Table 48 Middle East and Africa: Security Policy Management Market Size, By Product Type, 2017–2024 (USD Million)
Table 49 Middle East and Africa: Market Size By Organization Size, 2017–2024 (USD Million)
Table 50 Middle East and Africa: Market Size By Vertical, 2017–2024 (USD Million)
Table 51 Middle East and Africa: Market Size By Country, 2017–2024 (USD Million)
Table 52 Latin America: Security Policy Management Market Size, By Component,  2017–2024 (USD Million)
Table 53 Latin America: Market Size By Service,  2017–2024 (USD Million)
Table 54 Latin America: Market Size By Product Type, 2017–2024 (USD Million)
Table 55 Latin America: Market Size By Organization Size, 2017–2024 (USD Million)
Table 56 Latin America: Market Size By Vertical,  2017–2024 (USD Million)
Table 57 Latin America: Market Size By Country,  2017–2024 (USD Million)
Table 58 Partnerships, Agreements, and Collaborations, 2017–2019
Table 59 New Product Launches/Product Enhancements, 2017–2019
Table 60 Mergers and Acquisitions, 2017–2019
 
 
List of Figures (32 Figures)
 
Figure 1 Global Security Policy Management Market: Research Design
Figure 2 Research Methodology
Figure 3 Security Policy Management Market: Bottom-Up and Top-Down Approaches
Figure 4 Global Market to Witness Significant Growth During the Forecast Period
Figure 5 Services Segment to Grow at a Higher CAGR During the  Forecast Period
Figure 6 North America to Hold the Highest Market Share in 2019
Figure 7 Fastest-Growing Segments of the Market
Figure 8 Increasing Number of Cyberattacks Across Verticals Fueling the Growth of Security Policy Management Market
Figure 9 Solution Segment to Have a Higher Market Share During the Forecast Period
Figure 10 Large Enterprises Segment to Have a Higher Market Share During the Forecast Period
Figure 11 BFSI Industry Vertical and North America to Have the Highest Market Shares in 2019
Figure 12 Network Policy Management Segment to Hold the Highest Market Share in 2019
Figure 13 Asia Pacific to Emerge as the Best Market for Investment in the Next 5 Years
Figure 14 Drivers, Restraints, Opportunities, and Challenges:  Security Policy Management Market
Figure 15 Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 16 Managed Services Segment to Grow at the Highest CAGR During the Forecast Period
Figure 17 Change Management Product Type to Grow at the Highest CAGR During the Forecast Period
Figure 18 Small and Medium-Sized Enterprises Segment to Grow at the Highest CAGR During the Forecast Period
Figure 19 Retail Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 20 North America to Account for the Largest Market Size in 2018
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Global Security Policy Management Market, Competitive Leadership Mapping, 2019
Figure 24 Key Developments By the Leading Players in the Market, 2017–2019
Figure 25 Cisco: Company Snapshot
Figure 26 Cisco: SWOT Analysis
Figure 27 Micro Focus: Company Snapshot
Figure 28 Micro Focus: SWOT Analysis
Figure 29 Palo Alto Networks: Company Snapshot
Figure 30 Check Point Software Technologies: Company Snapshot
Figure 31 Check Point Software Technologies: SWOT Analysis
Figure 32 Juniper Networks: Company Snapshot

The study involved 4 major activities in estimating the current market size for the security policy management market. Exhaustive secondary research was done to collect information on the market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments of the security policy management market.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The security policy management market comprises several stakeholders, such as security policy management vendors, regulatory bodies, system integrators, resellers and distributors, research organizations, government agencies, enterprise users, venture capitalists, private equity firms, and startup companies. The demand-side of the market consists of enterprises across different industries including retail, manufacturing and logistics, BFSI, telecom and IT, and healthcare and life science. The supply-side includes security policy management solution providers, offering security policy management solution and services. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents:

To know about the assumptions considered for the study, download the pdf brochure

Security Policy Management Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the security policy management market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

• To define, describe, and forecast the security policy management market by components (solution and services), product type (network policy management, compliance and auditing, change management and vulnerability assessment) organization size (small and medium-sized enterprises and large enterprises), verticals (banking, financial services, and insurance, government and public sector, it and telecom, healthcare, retail, manufacturing, energy and utilities and others), and regions. To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
• To analyze the market with respect to individual growth trends, prospects, and contributions to the market
• To forecast the market size of 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
• To profile the key players in the market and comprehensively analyze their core competencies in each subsegment
• To analyze the competitive developments, such as agreements, partnerships, acquisitions, and product/solution launches, in the security policy management market

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

• Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

• Further breakup of the North American market into the US and Canada
• Further breakup of the European market into the UK, Germany, and Rest of Europe
• Further breakup of the APAC market into ANZ, Japan, and Rest of APAC
• Further breakup of the MEA market into Africa and the Middle East
• Further breakup of the Latin American market into Brazil, Mexico, and Rest of Latin America

Company Information

• Detailed analysis and profiling of additional market players