Network Security Policy Management Market Expected to Reach US$ 2,614.2 Mn by 2026

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According to a new market report published by Transparency Market Research titled “Network Security Policy Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global network security policy management marketwas valued at US$ 1,297.6 Mn in 2017 and is expected to expand at a CAGR of 8.2% from 2018 to 2026, reaching a value of US$ 2,614.2 Mn by the end of the forecast period. According to the report, North America was a significant contributor to the network security policy management (NSPM) market in terms of revenue in 2017. The prominent market share of the region is due to the high adoption of cloud technology, and technological advancements in the field of network security, especially in the U.S. and Canada.
Increase in number and intensity of cyber-attacks driving the global network security policy management market
The global network security policy management market is currently driven by increase in number and intensity of cyber-attacks. Increasing number of attack instances especially in government and BFSI industries is a major reason for rising demand for network security policy management solutions. The growing need for secure file transfer and stringent regulatory compliances are expected to further fuel the network security policy management market. Many industry and government regulations and standards are being designed to protect the confidentiality of sensitive data residing at different sources including the cloud and on-premise. 
Get Sample Copy of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=53718
Network Security Policy Management Market: Scope of the Report
The global network security policy management market has been segmented based on component, solution, enterprise size, industry vertical, and region. Based on component, the market has been classified into software and services. Based on software, the market has been classified into cloud and on-premise. The cloud segment has been further split into public, private, and hybrid. The cloud segment is expected to expand at a high CAGR, thus becoming the leading revenue generating segment by 2026. 

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