Press release
Policy Orchestration Market By Solution, Enterprise Size, Industry & Region - Forecast 2022-2032
The policy orchestration market generated 537.6 million dollars in sales. The policy orchestration market is anticipated to develop at a CAGR of 5.1% from 2022 to 2032, reaching US$ 917.9 Mn. Using a central location that can be used for deploying the changes, documenting them, and monitoring any mistakes or policy violations across the organisation, policy orchestration refers to the deployment of rules, regulatory functions, and security policies across all of the company's hardware and software infrastructure.Despite their technological variations, different end points might support the solution, and the regulations may relate to identity-based access, website restrictions, etc.
Competitive Landscape
Policy orchestration vendors are providing solutions and services based on the cloud and providing cloud security policy orchestration (CSPO) solutions. Most of the companies operating in this domain are in the IT and telecom sectors and also offer solutions like identity orchestration.
In October 2022, Skybox security announced the release of its SaaS (Software as a Service) solution for the purpose of security policy and vulnerability management, as an additional feature for its security posture management platform.
Key Companies Profiled
Apolicy
PolicyIQ
PolicyHub
Immuta Inc
Tufin
Trellix
McAfee
TrueOps
Logic Manager
Micro Focus
FireMon
Forescout
Orchestral.io
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Key Takeaways: Policy Orchestration Market
By solution, the software segment held the largest market share for the year 2021 with the market share of 56.3% and services segment will exhibit the higher CAGR of 6.1% for the forecast period 2022-2032.
By enterprise size, the large enterprises dominated the segment with a market share of 55.6% and small and medium-sized enterprises will be estimated to have the higher CAGR of 4.7% for the forecast period.
By industry, the Finance sector dominated the policy orchestration market for the year 2021 with a market share of 23.4% industry and the highest CAGR will be exhibited by the healthcare industry for the forecast period with a CAGR of 6.9% over the forecast period.
According to FMI Analyst, "Policy orchestration is a broad term that could refer to the numerous policies that are implemented by a company for its security purposes. The larger the enterprise, the larger would be the size of the deployment. However, factors that impact the policy orchestration market include the cyber-attacks that occur in the country and what the leading industries and sectors of that particular country are."
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Rising Demand for Wireless Systems Influence Service Policy Orchestration Market
A stronger demand for such solutions has been generated, particularly in North America, by the expanding usage of technologies utilising cloud solutions, network virtualization, and "bring your own device." With these developments, especially the BYOD trend and working from home, companies need to ensure that their security policies are applied across every enterprise device, driving the demand for the policy orchestration market.
More Valuable Insights on Policy Orchestration Market
In this report by Future Market Insights, policy orchestration market has been segmented into three sections: by solution: software (on-premises, and cloud-based), and services (professional services, and managed services), enterprise size (large enterprises, and small and mid-sized enterprises), industry (finance, manufacturing and resources, distribution services, services, public sector, infrastructure) to help readers understand and evaluate lucrative opportunities in policy orchestration demand outlook.
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Policy Orchestration Market by Category
By Solution:
Policy Orchestration Platform
On-premises
Cloud-based
Services
Professional Services
Managed Services
By Enterprise Size:
Small Offices (1-9 employees)
Small Enterprises (10-99 employees)
Medium-sized Enterprise (100-499 employees)
Large Enterprises (500-999 employees)
Very Large Enterprises (1,000+ employees)
By Industry:
Finance
Manufacturing & Resources
Distribution Services
Services
Public Sector
Infrastructure
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients
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