Global Network Security Policy Management (NPSM) Software Market Projected to Grow at 11.9% CAGR, Reaching $3 Billion by 2029

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What Is the Expected CAGR for the Network Security Policy Management (NPSM) Software Market Through 2025?
The market for network security policy management (npsm) software has seen swift expansion in the past few years. The market is expected to surge from $1.69 billion in 2024 to $1.91 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.4%. The growth observed in the historic period can be traced back to escalating cyber threats, strict regulatory requirements, expanding complexity in network infrastructure, and the increasing volume of sensitive data coupled with the widespread adoption of cloud computing.

What's the Projected Size of the Global Network Security Policy Management (NPSM) Software Market by 2029?
The market size of network security policy management (npsm) software is predicted to experience swift escalation in the imminent years. The market valuation is anticipated to rise to $3 billion by 2029, with a compound annual growth rate (CAGR) of 11.9%. The key drivers of growth for the forecast period are the incorporation of artificial intelligence (AI) and machine learning (ml), integration of AI and automation, adopting zero trust architecture, the rise of remote work complications, and the evolution of regulations. The forecast period also projects major trends such as emphasis on user-oriented policies, advancement in technology, integration with the security ecosystem, infusion of threat intelligence, along with automation and orchestration.

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Top Growth Drivers in the Network Security Policy Management (NPSM) Software Industry: What's Accelerating the Market?
The surge in cyber threats is anticipated to fuel the expansion of the network security policy management (NPSM) software market in the future. Cyber threats are potential hazards or risks associated with malicious activities that aim to disrupt data through various activities and tactics targeting computer systems, networks, and digital information. Network security policy management (NPSM) software counters these cyber threats through the initiation and upholding of policies and procedures designed to safeguard an organization's network and data from unauthorized access, utilization, revelation, interruption, and destruction. For example, the Australian Cyber Security Centre, a cyber security agency based in Australia, reported receiving 76,000 cybercrime reports in 2022, showing an approximate increase of 13% from the previous year. Hence, the rise in cyber threats propels the network security policy management (NPSM) software market.

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What Trends Will Shape the Network Security Policy Management (NPSM) Software Market Through 2029 and Beyond?
Leading companies in the network security policy management (NPSM) software market are turning their focus towards creating artificial intelligence (AI)-infused security policy management platforms to maintain a competitive stance. The role of AI-powered platforms in network security policy management (NPSM) software is paramount in dealing with security policy issues often experienced by firms. An example came in September 2023, when Discern Security, an American cybersecurity firm, released an AI-powered security policy management platform. This platform is specifically constructed to handle three primary security policy issues: policy complexity, policy inconsistency, and policy drift in the business sector. It employs artificial intelligence (AI) to scrutinize and administer security policies, which helps organizations follow regulations and mitigate risk.

What Are the Main Segments in the Network Security Policy Management (NPSM) Software Market?
The network security policy management (npsm) softwaremarket 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 Top Companies are Driving Growth in 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

Which Regions Will Dominate the Network Security Policy Management (NPSM) Software Market Through 2029?
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.

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