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Policy Management Software Market by Component (Solution and Service) Deployment Model (On-premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), and Industry Vertical (BFSI, IT & Telecom, Energy & Utilities, Healthcare, Government & Defense, Manufacturing, Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06700
Pages: 260
Jan 2021 | 1465 Views
 
Author(s) : Pramod Borasi, Shadaab Khan , Vineet Kumar
Tables: 143
Charts: 62
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global policy management software market size was valued at $962.18 million in 2019, and is projected to reach $3.06 billion by 2027, growing at a CAGR of 15.7% from 2020 to 2027. The key objective of policy management software is to create, communicate, and maintain policies and procedure in an organization for mitigating different types of risk associated with the management of the organization. In addition, various industries are adopting policy management software to achieve their goals without affecting the internal and external environment of the organization. Numerous benefits are associated with policy management software include provision of consistency within the company, supports in decreasing the communication gap between the employees and organization, protection of the organization from litigation, and helps in achieving the organization’s objectives.

With an unprecedented COVID-19 health crisis,the healthcare industry is expected to witness significant growth rate during the forecast period, owing to surge in adoption of policy management software by various hospitals for increasing awareness about new updated policies, procedures and protocols related to COVID 19 situation.

The key factors driving the growth of the global policy management software market trends include increase in adoption of policy management software by various industries and surge in need to streamline business by the policy management vendors. In addition, rise in need for faster management of procedure and policies across the industries positively impacts the growth of the market. However, high implementation and maintenance cost of policy management software and rise in security issues in the policy management software are the factors expected to hamper the market growth. On the contrary, rise in adoption of cloud-based policy management software across the globe is expected to offer remunerative opportunities for the expansion of the global policy management software market during the forecast period. 

Policy-Management-Software-Market-2020-2027

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The solution segment is expected to garner a significant share during the forecast period, owing to rise in adoption of policy management solution among enterprises for managing and protecting critical policies, procedures and protocol of the organization. However, the service segment is expected to grow at the highest rate during the forecast period, owing to rise in demand for software-as-a-service (SaaS), due to associated benefits that include scalability and one-time customer acquisition cost.

Policy Management Software Market
By Component

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Solution is projected as one of the most lucrative segments.

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Region wise, the policy management software market was dominated by North America in 2019, and is expected to retain its position during the forecast period. This is attributed to growing adoption of cloud-based technology across the region and rise in data breaches in privacy policies of various organization. However, Asia-Pacific is expected to witness significant growth rate during the forecast period, owing to rise in adoption of policy management software by various venders in order to prevent and detect threats at early stages.

The report focuses on the growth prospects, restraints, and trends of global policy management software market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on global policy management software market.

Policy Management Software Market
By Deployment Model

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On-premise is projected as one of the most lucrative segments.

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Segment review

The global policy management software market is segmented into component, deployment model, enterprise size, industry vertical, and region. In terms of component, the market is fragmented into solution and services. Depending on deployment model, it is bifurcated into on-premise and cloud. On the basis of enterprise size, it is categorized into large enterprises and small and medium enterprises. According to industry vertical, it is classified into BFSI, IT & telecom, energy & utilities, healthcare, government & defense, manufacturing, retail, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global policy management software market industry include Amdocs, Comarch SA, ConvergePoint Inc., Huwaei Technologies Co., Ltd, Intracom Telecom, Juniper Networks, Inc., LogicGate, Inc., Mitratech, NAVEX Global, Inc., and WorkflowFirst Software LLC. These players have adopted various strategies to increase their market penetration and strengthen their foothold in the policy management software market industry. 

Policy Management Software Market
By Enterprises Size

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Large Enterprise is projected as one of the most lucrative segments.

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Impact of COVID-19 Pandemic on Policy Management Software Market:

The emergence of COVID-19 is expected to have a considerable impact on the growth of the policy management software market. The spending on the policy management software industry is expected to slow down compared to the spending planned before this pandemic, owing to multiple factors such as closure of various insurance companies and various small and medium enterprise and stoppage of various small and medium enterprises. Furthermore, COVID-19 pandemic has brought radical changes to daily lives of people, work, and the surrounding environment. The current estimation of 2027 is projected to be significantly higher than pre-COVID-19 estimates. The policy management software market growth is expected to recover from by the end of 2020; however, it is expected to grow significantly at a higher CAGR in the coming years, owing to working from home (WFH), social distancing, and digital transformation of businesses. These factors have become the key components in the emergence of business messaging as the ideal channel to communicate with consumers. 

Top impacting factors

Increase in adoption of policy management software by various industries

Increase in adoption of policy management software in BFSI, IT & Telecom, transportation, and healthcare industries, owing to its numerous benefits such as simplifying policy lifecycle management service, generating notifications, and escalations based on employee’s performance, and recording risk impact for policy exceptions drives the growth of the market. In addition, policy management software helps financial services, credit unions and banks to achieve an automated, consistent approach for adjusting and managing policies according to various new regulation imposed by the government. Thus, various banking and fintech industries are adopting this software to mitigate risk and to follow the new guidelines, which is driving the growth of the market. Furthermore, various healthcare sectors across the globe adopt policy management software for improving their operational efficiency and to impose new additional security and permission options for documentation and sensitive information. This software also provides better collaboration between the policymakers & doctors and helps the healthcare sector to easily share critical information with the policy agents. This propels the growth of the market in this sector.

Policy Management Software Market
By Industry Vertical

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BFSI is projected as one of the most lucrative segments.

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Adoption of cloud-based policy management software among SMEs 

The increased availability of accessible cheap data centers delivered by cloud vendors has brought down the costs of upfront investment for small- and medium-sized businesses; thereby, reducing the market entry barrier. This has led to increased demand for cloud-based policy management software among small- & medium-sized enterprises. Furthermore, cloud services have solved the complexity of storing and accessing data for the companies to simplify the use of their policy management software. 

By using cloud-based policy management software, organizations can streamline their work process as well as automate their work and enhance their operational efficiency.  Several small and medium size enterprises across various industry vertical such as banking, financial services, and insurance (BFSI), retail, healthcare, manufacturing, telecommunication & IT, media & entertainment, and many others adopt cloud services at a rapid pace which is providing lucrative opportunity for the market.

Policy Management Software Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 17.4% during 2019-2027.

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Key Benefits For Stakeholders     

  • The study provides an in-depth analysis of global policy management software market forecast along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on global policy management software market share is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential.

Key Market Segments

By Component 

  • Solution
  • Service

By Deployment Model

  • On-premise
  • Cloud

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By Industry Vertical

  • BFSI
  • IT & Telecom
  • Energy & Utilities
  • Healthcare
  • Government & Defense
  • Manufacturing
  • Retail
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany 
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East 
    • Africa

Key Market Players

  • Amdocs
  • Comarch SA
  • ConvergePoint Inc.
  • Huwaei Technologies Co. Ltd.
  • Intracom Telecom
  • Juniper Networks Inc.
  • LogicGate Inc.
  • Mitratech
  • NAVEX Global Inc.
  • WorkflowFirst Software LLC
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the global policy management software market
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Increase in adoption of policy management software by various industries
3.3.1.2.Surge in need to streamline business by the policy management vendors
3.3.1.3.Rise in need for faster management of procedure and policies across the industries

3.3.2.Restraints

3.3.2.1.High implementation and maintenance cost of policy management software
3.3.2.2.Rise in security issues in the policy management software

3.3.3.Opportunity

3.3.3.1.Adoption of cloud-based policy management software among SMEs

3.4.COVID-19 impact analysis on policy management software market

3.4.1.Impact on market size
3.4.2.Consumer trends, preferences, and budget impact
3.4.3.Economic impact
3.4.4.Strategies to tackle negative impact
3.4.5.Opportunity window

CHAPTER 4:POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT

4.1.Overview
4.2.Solution

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Service

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL

5.1.Overview
5.2.On-premise

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Cloud

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE

6.1.Overview

6.1.1.Market size and forecast

6.2.Large enterprises

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Small & medium enterprises

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL

7.1.Overview

7.1.1.Market size and forecast

7.2.BFSI

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.IT & telecom

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Energy & utilities

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Healthcare

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Government and Defense

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Manufacturing

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

7.8.Retail

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast, by region
7.8.3.Market analysis, by country

7.9.Others

7.9.1.Key market trends, growth factors, and opportunities
7.9.2.Market size and forecast, by region
7.9.3.Market analysis, by country

CHAPTER 8:POLICY MANAGEMENT SOFTWARE MARKET BY REGION

8.1.1.Overview
8.1.2.North America

8.1.2.1.Key market trends, growth factors and opportunities
8.1.2.2.Market size and forecast, by component
8.1.2.3.Market size and forecast, by deployment model
8.1.2.4.Market analysis by enterprise size
8.1.2.5.Market analysis by industry vertical
8.1.2.6.Market size and forecast, by country
8.1.2.7.U.S.

8.1.2.7.1.1.Market size and forecast, by component
8.1.2.7.1.2.Market size and forecast, by deployment model
8.1.2.7.1.3.Market size and forecast, by  enterprise size
8.1.2.7.1.4.Market size and forecast, by industry vertical

8.1.2.8.CANADA

8.1.2.8.1.1.Market size and forecast, by component
8.1.2.8.1.2.Market size and forecast, by deployment model
8.1.2.8.1.3.Market size and forecast, by  enterprise size
8.1.2.8.1.4.Market size and forecast, by industry vertical

8.1.3.Europe

8.1.3.1.Key market trends, growth factors and opportunities
8.1.3.2.Market size and forecast, by component
8.1.3.3.Market size and forecast, by deployment model
8.1.3.4.Market analysis by enterprise size
8.1.3.5.Market analysis by industry vertical
8.1.3.6.Market size and forecast, by country

8.1.3.7.UK

8.1.3.7.1.1.Market size and forecast, by component
8.1.3.7.1.2.Market size and forecast, by deployment model
8.1.3.7.1.3.Market size and forecast, by  enterprise size
8.1.3.7.1.4.Market size and forecast, by industry vertical

8.1.3.8.GERMANY

8.1.3.8.1.1.Market size and forecast, by component
8.1.3.8.1.2.Market size and forecast, by deployment model
8.1.3.8.1.3.Market size and forecast, by  enterprise size
8.1.3.8.1.4.Market size and forecast, by industry vertical

8.1.3.9.FRANCE

8.1.3.9.1.1.Market size and forecast, by component
8.1.3.9.1.2.Market size and forecast, by deployment model
8.1.3.9.1.3.Market size and forecast, by  enterprise size
8.1.3.9.1.4.Market size and forecast, by industry vertical

8.1.3.10.ITALY

8.1.3.10.1.1.Market size and forecast, by component
8.1.3.10.1.2.Market size and forecast, by deployment model
8.1.3.10.1.3.Market size and forecast, by  enterprise size
8.1.3.10.1.4.Market size and forecast, by industry vertical

8.1.3.11.SPAIN

8.1.3.11.1.1.Market size and forecast, by component
8.1.3.11.1.2.Market size and forecast, by deployment model
8.1.3.11.1.3.Market size and forecast, by  enterprise size
8.1.3.11.1.4.Market size and forecast, by industry vertical

8.1.3.12.NETHERLANDS

8.1.3.12.1.1.Market size and forecast, by component
8.1.3.12.1.2.Market size and forecast, by deployment model
8.1.3.12.1.3.Market size and forecast, by  enterprise size
8.1.3.12.1.4.Market size and forecast, by industry vertical

8.1.3.13.REST OF EUROPE

8.1.3.13.1.1.Market size and forecast, by component
8.1.3.13.1.2.Market size and forecast, by deployment model
8.1.3.13.1.3.Market size and forecast, by  enterprise size
8.1.3.13.1.4.Market size and forecast, by industry vertical

8.1.4.Asia-Pacific

8.1.4.1.Key market trends, growth factors and opportunities
8.1.4.2.Market size and forecast, by component
8.1.4.3.Market size and forecast, by deployment model
8.1.4.4.Market analysis by enterprise size
8.1.4.5.Market analysis by industry vertical
8.1.4.6.Market size and forecast, by country
8.1.4.7.CHINA

8.1.4.7.1.1.Market size and forecast, by component
8.1.4.7.1.2.Market size and forecast, by deployment model
8.1.4.7.1.3.Market size and forecast, by  enterprise size
8.1.4.7.1.4.Market size and forecast, by industry vertical

8.1.4.8.JAPAN

8.1.4.8.1.1.Market size and forecast, by component
8.1.4.8.1.2.Market size and forecast, by deployment model
8.1.4.8.1.3.Market size and forecast, by  enterprise size
8.1.4.8.1.4.Market size and forecast, by industry vertical

8.1.4.9.INDIA

8.1.4.9.1.1.Market size and forecast, by component
8.1.4.9.1.2.Market size and forecast, by deployment model
8.1.4.9.1.3.Market size and forecast, by  enterprise size
8.1.4.9.1.4.Market size and forecast, by industry vertical

8.1.4.10.AUSTRALIA

8.1.4.10.1.1.Market size and forecast, by component
8.1.4.10.1.2.Market size and forecast, by deployment model
8.1.4.10.1.3.Market size and forecast, by  enterprise size
8.1.4.10.1.4.Market size and forecast, by industry vertical

8.1.4.11.SOUTH KOREA

8.1.4.11.1.1.Market size and forecast, by component
8.1.4.11.1.2.Market size and forecast, by deployment model
8.1.4.11.1.3.Market size and forecast, by  enterprise size
8.1.4.11.1.4.Market size and forecast, by industry vertical

8.1.4.12.REST OF ASIA-PACIFIC

8.1.4.12.1.1.Market size and forecast, by component
8.1.4.12.1.2.Market size and forecast, by deployment model
8.1.4.12.1.3.Market size and forecast, by  enterprise size
8.1.4.12.1.4.Market size and forecast, by industry vertical

8.1.5.LAMEA

8.1.5.1.Key market trends, growth factors and opportunities
8.1.5.2.Market size and forecast, by component
8.1.5.3.Market size and forecast, by deployment model
8.1.5.4.Market analysis by enterprise size
8.1.5.5.Market analysis by industry vertical
8.1.5.6.Market size and forecast, by country
8.1.5.7.LATIN AMERICA

8.1.5.7.1.1.Market size and forecast, by component
8.1.5.7.1.2.Market size and forecast, by deployment model
8.1.5.7.1.3.Market size and forecast, by  enterprise size
8.1.5.7.1.4.Market size and forecast, by industry vertical

8.1.5.8.MIDDLE EAST

8.1.5.8.1.1.Market size and forecast, by component
8.1.5.8.1.2.Market size and forecast, by deployment model
8.1.5.8.1.3.Market size and forecast, by  enterprise size
8.1.5.8.1.4.Market size and forecast, by industry vertical

8.1.5.9.AFRICA

8.1.5.9.1.1.Market size and forecast, by component
8.1.5.9.1.2.Market size and forecast, by deployment model
8.1.5.9.1.3.Market size and forecast, by  enterprise size
8.1.5.9.1.4.Market size and forecast, by industry vertical

CHAPTER 9:COMPANY PROFILES

9.1.Amdocs

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.R&D Expenditure
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2.COMARCH SA.

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.R&D Expenditure
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.ConvergePoint Inc.

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.Huawei Technologies Co., Ltd.

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance

9.5.Intracom Telecom

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Business performance

9.6.Juniper Networks, Inc.

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D Expenditure
9.6.7.Business performance

9.7.LogicGate, Inc.

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Product portfolio

9.8.MITRATECH

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Product portfolio

9.9.NAVEX Global, Inc.

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.Key strategic moves and developments

9.10.WorkflowFirst LLC

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 02.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR SOLUTION, BY REGION, 2019–2027 ($MILLION)
TABLE 03.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR SERVICE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 05.ON_PREMISE POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.CLOUD BASED POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 08.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR LARGE ENTERPRISES, BY REGION 2019-2027 ($MILLION)
TABLE 09.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR SMALL & MEDIUM ENTERPRISES, BY REGION 2019-2027 ($MILLION)
TABLE 10.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019-2027 ($MILLION)
TABLE 11.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR BFSI, BY REGION 2019-2027 ($MILLION)
TABLE 12.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR IT & TELECOM, BY REGION 2019-2027 ($MILLION)
TABLE 13.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR ENERGY & UTILITIES, BY REGION 2019-2027 ($MILLION)
TABLE 14.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR HEALTHCARE, BY REGION 2019-2027 ($MILLION)
TABLE 15.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR GOVERNMENT, BY REGION 2019-2027 ($MILLION)
TABLE 16.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR MANUFACTURING, BY REGION 2019-2027 ($MILLION)
TABLE 17.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR RETAIL, BY REGION 2019-2027 ($MILLION)
TABLE 18.POLICY MANAGEMENT SOFTWARE MARKET REVENUE FOR OTHERS, BY REGION 2019-2027 ($MILLION)
TABLE 19.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 21.NORTH AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY  DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 22.NORTH AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 23.NORTH AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 24.NORTH AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2019-2027($MILLION)
TABLE 25.U.S. POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 26.U.S. POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 27.U.S. POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 28.U.S. POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 29.CANADA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 30.CANADA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 31.CANADA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 32.CANADA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 33.EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 34.EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY  DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 35.EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 36.EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 37.EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2019-2027($MILLION)
TABLE 38.UK POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 39.UK POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 40.UK POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 41.UK POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 42.GERMANY POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 43.GERMANY POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 44.GERMANY POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 45.GERMANY POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 46.FRANCE POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 47.FRANCE POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 48.FRANCE POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 49.FRANCE POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 50.ITALY POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 51.ITALY POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 52.ITALY POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 53.ITALY POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 54.SPAIN POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 55.SPAIN POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 56.SPAIN POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 57.SPAIN POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 58.NETHERLANDS POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 59.NETHERLANDS POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 60.NETHERLANDS POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 61.NETHERLANDS POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 62.REST OF EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 63.REST OF EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 64.REST OF EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 65.REST OF EUROPE POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 66.ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 67.ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY  DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 68.ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 69.ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 70.ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2019-2027($MILLION)
TABLE 71.CHINA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 72.CHINA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 73.CHINA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 74.CHINA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 75.JAPAN POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 76.JAPAN POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 77.JAPAN POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 78.JAPAN POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 79.INDIA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 80.INDIA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 81.INDIA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 82.INDIA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 83.AUSTRALIA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 84.AUSTRALIA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 85.AUSTRALIA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 86.AUSTRALIA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 87.SOUTH KOREA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 88.SOUTH KOREA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 89.SOUTH KOREA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 90.SOUTH KOREA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 91.REST OF ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 92.REST OF ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 93.REST OF ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 94.REST OF ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 95.LAMEA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 96.LAMEA POLICY MANAGEMENT SOFTWARE MARKET, BY  DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 97.LAMEA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 98.LAMEA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 99.LAMEA POLICY MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2019-2027($MILLION)
TABLE 100.LATIN AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 101.LATIN AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 102.LATIN AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 103.LATIN AMERICA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 104.MIDDLE EAST POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 105.MIDDLE EAST POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 106.MIDDLE EAST POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 107.MIDDLE EAST POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 108.AFRICA POLICY MANAGEMENT SOFTWARE MARKET, BY COMPONENT, 2019-2027($MILLION)
TABLE 109.AFRICA POLICY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027($MILLION)
TABLE 110.AFRICA POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 111.AFRICA POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027($MILLION)
TABLE 112.AMDOCS.: KEY EXECUTIVES
TABLE 113.AMDOCS: COMPANY SNAPSHOT
TABLE 114.AMDOCS : PRODUCT PORTFOLIO
TABLE 115.COMARCH SA. : KEY EXECUTIVES
TABLE 116.COMARCH SA. : COMPANY SNAPSHOT
TABLE 117.COMARCH SA.  : PRODUCT PORTFOLIO
TABLE 118.CONVERGEPOINT INC.: KEY EXECUTIVES
TABLE 119.CONVERGEPOINT INC.: COMPANY SNAPSHOT
TABLE 120.CONVERGEPOINT INC. : PRODUCT PORTFOLIO
TABLE 121.HUAWEI TECHNOLOGIES CO., LTD..:KEY EXECUTIVES
TABLE 122.HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 123.HUAWEI TECHNOLOGIES CO., LTD. OPERATING SEGMENTS
TABLE 124.HUAWEI TECHNOLOGIES CO., LTD..: PRODUCT PORTFOLIO
TABLE 125.INTRACOM TELECOM: KEY EXECUTIVES
TABLE 126.INTRACOM TELECOM: COMPANY SNAPSHOT
TABLE 127.INTRACOM TELECOM: PRODUCT PORTFOLIO
TABLE 128.JUNIPER NETWORKS, INC.:KEY EXECUTIVES
TABLE 129.JUNIPER NETWORKS, INC.: COMPANY SNAPSHOT
TABLE 130.HUAWEI TECHNOLOGIES CO., LTD. OPERATING SEGMENTS
TABLE 131.JUNIPER NETWORKS, INC..: PRODUCT PORTFOLIO
TABLE 132.LOGICGATE, INC:KEY EXECUTIVES
TABLE 133.LOGICGATE, INC.: COMPANY SNAPSHOT
TABLE 134.LOGICGATE, INC. : PRODUCT PORTFOLIO
TABLE 135.MITRATECH: KEY EXECUTIVES
TABLE 136.MITRATECH: COMPANY SNAPSHOT
TABLE 137.MITRATECH: CORPORATION: PRODUCT PORTFOLIO
TABLE 138.NAVEX GLOBAL, INC.  :KEY EXECUTIVES
TABLE 139.NAVEX GLOBAL, INC. : COMPANY SNAPSHOT
TABLE 140.NAVEX GLOBAL, INC. : PRODUCT PORTFOLIO
TABLE 141.WORKFLOWFIRST LLC :KEY EXECUTIVES
TABLE 142.WORKFLOWFIRST LLC: COMPANY SNAPSHOT
TABLE 143.WORKFLOWFIRST LLC : PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET, 2019–2027
FIGURE 03.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET, BY REGION, 2019–2027
FIGURE 04.POLICY MANAGEMENT SOFTWARE MARKET: TOP IMPACTING FACTOR
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.LOW-TO-HIGH BARGAINING POWER OF BUYER
FIGURE 08.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10.LOW-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF POLICY MANAGEMENT SOFTWARE MARKET FOR SOLUTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF POLICY MANAGEMENT SOFTWARE MARKET FOR SERVICE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ON-PREMISE POLICY MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CLOUD POLICY MANAGEMENT SOFTWARE MARKET BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027
FIGURE 18.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR LARGE ENTERPRISES, BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR SMALL & MEDIUM ENTERPRISES, BY COUNTRY, 2019 & 2027(%)
FIGURE 20.GLOBAL POLICY MANAGEMENT SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027
FIGURE 21.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR BFSI, BY COUNTRY, 2019 & 2027(%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR IT & TELECOM, BY COUNTRY, 2019 & 2027(%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR ENERGY & UTILITIES, BY COUNTRY,  2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR HEALTHCARE, BY COUNTRY, 2019 & 2027(%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR GOVERNMENT AND DEFENSE, BY COUNTRY, 2019 & 2027(%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR MANUFACTURING, BY COUNTRY,  2019 & 2027(%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR RETAIL, BY COUNTRY, 2019 & 2027(%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS POLICY MANAGEMENT SOFTWARE MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027(%)
FIGURE 29.U.S. POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.CANADA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.UK POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.GERMANY POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.FRANCE POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)

FIGURE 34.ITALY POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.SPAIN POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.NETHERLANDS POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)

FIGURE 37.REST OF EUROPE POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.CHINA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.JAPAN POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.INDIA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.AUSTRALIA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42.SOUTH KOREA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43.REST OF ASIA-PACIFIC POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44.LATIN AMERICA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 45.MIDDLE EAST POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 46.AFRICA POLICY MANAGEMENT SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 47.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 48.AMDOCS : NET SALES, 2018–2020 ($MILLION),
FIGURE 49.AMDOCS: REVENUE SHARE BY REGION(2020)
FIGURE 50.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 51.COMARCH SA : NET SALES, 2018–2020 ($MILLION),
FIGURE 52.COMARCH SA: REVENUE SHARE BY REGION(2019)
FIGURE 53.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 54.HUAWEI TECHNOLOGIES CO., LTD. : NET SALES, 2017–2019 ($MILLION),
FIGURE 55.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY  SEGMENT(2019)
FIGURE 56.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY REGION(2019)
FIGURE 57.INTRACOM TELECOM: NET SALES, 2017–2019 ($MILLION),
FIGURE 58.INTRACOM TELECOM.: REVENUE SHARE BY REGION(2019)
FIGURE 59.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 60.JUNIPER NETWORKS, INC.: NET SALES, 2017–2019 ($MILLION),
FIGURE 61.JUNIPER NETWORKS, INC.: REVENUE SHARE BY SEGMENT(2019)
FIGURE 62.JUNIPER NETWORKS, INC.: REVENUE SHARE BY REGION(2019)

 
 

Increase in adoption of policy management software by various companies, brokers, and agencies to manage their operational and organizational task efficiently and to enhance their market value drives the growth of the market. In addition, various governments across the globe are introducing supportive policies regarding policy management, which increases the demand for this software in various industries. Moreover, the ability of software to protect the confidentiality of digital data stored and transmitted over the internet increases its popularity among end users. Furthermore, technological advancements and increase in awareness among consumers are expected to lead to a rapid growth of the market during the forecast period.

The key providers of policy management software such as Comarch, ConvergePoint Inc., Huwaei Technologies, Juniper and LogicGate, Inc. account for a significant share in the market. According to industry experts, although the policy management software is not a new technology, it is still expected to witness increased adoption in the upcoming years, owing to rise in usage of policy management software by various industries and surge in need to streamline business by the policy management vendors. In addition to this, small business users are the major users of policy management software. Therefore, increase in number of small businesses in developing nations, such as China, India, Indonesia, and Thailand, is expected to provide lucrative opportunity for the market growth. North America is expected to dominate the market during the forecast period while emerging countries in Asia-Pacific and Latin America are projected to offer significant growth opportunities.

 
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