The rapid integration of cloud-based technologies worldwide will boost the market growth.

The global policy management software market is rapidly expanding and is expected to grow at a CAGR of 17.8% from 2019 to 2027, starting at US$ 2,220.0 million in 2018.The rapid adoption of cloud-based technologies, combined with increasingly stringent regulations around the world, are two major factors driving market growth over the forecast period. The surge in the adoption of policy management software across numerous industries, such as BFSI, retail, automotive, and others, is one of the prominent factors estimated to enhance the global market demand in years to come. The growing focus on improving operational efficiency is projected to further drive market growth over the forecast period.

The various benefits of policy management software, such as organization risk management, automation, and maintaining staff accountability, are anticipated to support market growth in the years to come. The surge in IT spending by small and medium enterprises is another major factor driving the market growth during the forecast period. The surge in strategic collaborations among market players and new product launches is further estimated to drive market demand over the forecast period. For instance, in March 2020, Amdocs and Google Cloud announced a strategic partnership. In the partnership, Google Cloud will deliver Amdocs’ leading software on Google Cloud and create services and solutions for enterprises on the cloud.

Market Synopsis

End-user vertical analysis

The growing BFSI industry will spur segment growth.

The BFSI segment had a major share of the global market in 2018. The BFSI segment had over 25% market revenue share in the same year. The rapidly growing BFSI industry across the globe and rising IT spending by finance companies are some of the major factors driving segment dominance. The global finance industry is estimated to be worth nearly US$ 22 trillion and is expected to grow at a significant CAGR of 6% in the coming years. The growing BFSI industry in the emerging economies of Asia Pacific, including China, India, and others, is another major factor for market growth during the forecast period. Therefore, the segment is presumed to continue its dominant position throughout the forecast period.

Regional Analysis

The rising demand for policy management software to enhance North America’s growth

North America accounted for a major share of the global market in 2018. North America had more than 40% of the market share in the same year. The surge in demand for policy management software coupled with early technology adoption is the major factor for regional dominance. The growing spending on IT infrastructure, coupled with the presence of major market players such as Juniper Networks, Inc., Amdocs, NETconsent LTD., and others, are some other major factors for regional dominance.

The growing IT spending by small and medium enterprises to enhance Asia-Pacific growth.

The Asia Pacific is projected to expand at a rapid pace during the forecast period owing to growing IT spending by small and medium enterprises coupled with the surge in cloud-based deployments in the region. The growing security compliance, coupled with expansion by major players in the region, is another major factor projected to drive regional growth. For instance, in May 2018, NETconsent Ltd. partnered with Asia’s leading IT distributor, Cloud Distribution. With the partnership, NETconsent is expected to expand its product portfolio in the ASEAN market.

Key Industry Developments:

In May 2018, Alcatel-Lucent Enterprises acquired Austria-based Sipwise GmbH. The aforementioned acquisition will help Alcatel-Lucent Enterprises with its cloud communication business and also ease the adoption of cloud services for enterprises across the globe.

In June 2018, MetaCompliance introduced a new cloud product for eLearning and policy management, MetaEngage. MetaEngage enables enterprises to demonstrate and achieve 100% compliance and user awareness for training and key policies.

List of Companies Covered:

• Alcatel-Lucent Enterprise
• Amdocs
• Comarch
• Comptel Corporation
• Huawei Technologies Co., Ltd.
• Juniper Networks, Inc.
• NETconsent Ltd
• MetaCompliance
• ComplianceBridge Corporation
• Bizmanualz
• Nokia Networks

Periods of History and Forecast

This study report includes an analysis of each segment from 2017 to 2027, with 2018 as the base year. The compound annual growth rate (CAGR) for each of the respective segments is estimated for the forecast period from 2019 to 2027.

Market Segmentation

The current report also includes qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to provide a more comprehensive understanding of the overall policy management software market. Additionally, the global report also comprises a graphical representation of the competitive landscape based on their market initiatives and strategies, product portfolios, and business strengths.

Key questions are answered in this report.

• What are the current market trends and dynamics in the policy management software market, and what are the valuable opportunities for emerging players?
• Which segment accounts for the fastest CAGR during the forecast period?
• What are the drivers of the policy management software market?
• There are notable developments going on in the policy management software market.
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and the Middle East and Africa?
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Policy Management Software (PMS) Market
2.2. Global PMS Market, by Deployment Type, 2018 (US$ Mn)
2.3. Global PMS Market, by Organization Size, 2018 (US$ Mn)
2.4. Global PMS Market, by End-user Vertical, 2018 (US$ Mn)
2.5. Global PMS Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global PMS Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Policy Management Software (PMS) Market, by Deployment Type , 2017-2027 (US$ Mn)
4.1. Overview
4.1.1. Global Policy Management Software Market Value, by Deployment Type 2018 & 2027 (Value %)
4.2. On-premise
4.3. Cloud-based

5. Global Policy Management Software (PMS) Market, by Organization Size , 2017-2027 (US$ Mn)
5.1. Overview
5.1.1. Global Policy Management Software Market Value, by Organization Size 2018 & 2027 (Value %)
5.2. Large Enterprises
5.3. Small & Medium Enterprises

6. Global Policy Management Software (PMS) Market, by End-user Vertical , 2017-2027 (US$ Mn)
6.1. Overview
6.1.1. Global Policy Management Software Market Value, by End-user Vertical, 2018 & 2027 (Value %)
6.2. Retail
6.3. BFSI
6.4. Transportation
6.5. IT & Telecom
6.6. Others (Manufacturing, Government, etc.)

7. North America Policy Management Software (PMS) Market Analysis, 2017-2027 (US$ Mn)
7.1. Overview
7.1.1. North America PMS Market Value and Growth, 2017-2027, (US$ Mn)
7.2. North America PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America PMS Market Value, By Region/Country, 2017-2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.2.1. U.S. PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
7.5.2.2. U.S. PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
7.5.2.3. U.S. PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
7.5.3. Rest of North America
7.5.3.1. Rest of North America PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
7.5.3.2. Rest of North America PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
7.5.3.3. Rest of North America PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)

8. Europe Policy Management Software (PMS) Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. Europe PMS Market Value and Growth, 2017-2027, (US$ Mn)
8.2. Europe PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe PMS Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.2.1. U.K. PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
8.5.2.2. U.K. PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
8.5.2.3. U.K. PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
8.5.3. Germany
8.5.3.1. Germany PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
8.5.3.2. Germany PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
8.5.3.3. Germany PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
8.5.4. France
8.5.4.1. France PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
8.5.4.2. France PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
8.5.4.3. France. PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
8.5.5.2. Rest of Europe PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
8.5.5.3. Rest of Europe PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)

9. Asia Pacific Policy Management Software (PMS) Market Analysis, 2017-2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific PMS Market Value and Growth, 2017-2027, (US$ Mn)
9.2. Asia Pacific PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific PMS Market Value, By Region/Country, 2017-2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.2.1. Japan PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
9.5.2.2. Japan PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
9.5.2.3. Japan PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
9.5.3. China
9.5.3.1. China PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
9.5.3.2. China PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
9.5.3.3. China PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
9.5.4. India
9.5.4.1. India PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
9.5.4.2. India PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
9.5.4.3. India PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
9.5.5.2. Rest of Asia Pacific PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
9.5.5.3. Rest of Asia Pacific PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)

10. Rest of the World Policy Management Software (PMS) Market Analysis, 2017-2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World PMS Market Value and Growth, 2017-2027, (US$ Mn)
10.2. Rest of the World PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World PMS Market Value, By Region, 2017-2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.2.1. Middle East & Africa PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
10.5.2.2. Middle East & Africa PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
10.5.2.3. Middle East & Africa PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)
10.5.3. Latin America
10.5.3.1. Latin America PMS Market Value, By Deployment Type, 2017-2027 (US$ Mn)
10.5.3.2. Latin America PMS Market Value, By Organization Size, 2017-2027 (US$ Mn)
10.5.3.3. Latin America PMS Market Value, By End-user Vertical, 2017-2027 (US$ Mn)

11. Company Profiles
11.1. Alcatel- Lucent Enterprise
11.2. Amdocs
11.3. Comarch
11.4. Comptel Corporation
11.5. Huawei Technologies Co., Ltd.
11.6. Juniper Networks, Inc.
11.7. NETconsent Ltd
11.8. MetaCompliance
11.9. ComplianceBridge Corporation
11.10. Bizmanualz
11.11. Nokia Networks

List of Figures

FIG. 1 Global Policy Management Software (PMS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global PMS Market Segmentation
FIG. 4 Global Market Positioning of Key PMS Market Manufacturers, 2018
FIG. 5 Global PMS Market, by Deployment Type, 2018 (US$ Mn)
FIG. 6 Global PMS Market, by Organization Size, 2018 (US$ Mn)
FIG. 7 Global PMS Market, by End-user Vertical, 2018 (US$ Mn)
FIG. 8 Global PMS Market, by Geography, 2018 (US$ Mn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global PMS Market Value Contribution, By Deployment Type, 2018 & 2027 (Value %)
FIG. 11 Global PMS Market, by On-premise, 2017–2027 (US$ Mn)
FIG. 12 Global PMS Market, by Cloud-based, 2017–2027 (US$ Mn)
FIG. 13 Global PMS Market Value Contribution, By Organization Size, 2018 & 2027 (Value %)
FIG. 14 Global PMS Market, by Large Enterprises, 2017–2027 (US$ Mn)
FIG. 15 Global PMS Market, by Small & Medium Enterprises, 2017–2027 (US$ Mn)
FIG. 16 Global PMS Market Value Contribution, By End-user Vertical, 2018 & 2027 (Value %)
FIG. 17 Global PMS Market, by Retail, 2017–2027 (US$ Mn)
FIG. 18 Global PMS Market, by BFSI, 2017–2027 (US$ Mn)
FIG. 19 Global PMS Market, by Transportaion, 2017–2027 (US$ Mn)
FIG. 20 Global PMS Market, by IT & Telecom, 2017–2027 (US$ Mn)
FIG. 21 Global PMS Market, by Others (Manufacturing, Government, etc.), 2017–2027 (US$ Mn)
FIG. 22 U.S. PMS Market, 2017–2027 (US$ Mn)
FIG. 23 Canada PMS Market, 2017–2027 (US$ Mn)
FIG. 24 U.K. PMS Market, 2017–2027 (US$ Mn)
FIG. 25 Germany PMS Market, 2017–2027 (US$ Mn)
FIG. 26 France PMS Market, 2017–2027 (US$ Mn)
FIG. 27 Italy PMS Market, 2017–2027 (US$ Mn)
FIG. 28 Rest of Europe PMS Market, 2017–2027 (US$ Mn)
FIG. 29 Japan PMS Market, 2017–2027 (US$ Mn)
FIG. 30 China PMS Market, 2017–2027 (US$ Mn)
FIG. 31 India PMS Market, 2017–2027 (US$ Mn)
FIG. 32 Rest of Asia Pacific PMS Market, 2017–2027 (US$ Mn)
FIG. 33 Middle East & Africa PMS Market, 2017–2027 (US$ Mn)
FIG. 34 Latin America PMS Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Policy Management Software (PMS) Market
TABLE 2 Global PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 3 Global PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 4 Global PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 5 Global PMS Market, by Geography, 2017–2027 (US$ Mn)
TABLE 6 North America PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 7 North America PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 8 North America PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 9 North America PMS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 10 Global PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 11 U.S. PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 12 U.S. PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 13 Rest of North America PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 14 Rest of North America PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 15 Rest of North America PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 16 Europe PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 17 Europe PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 18 Europe PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 19 Europe PMS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 20 U.K. PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 21 U.K. PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 22 U.K. PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 23 Germany PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 24 Germany PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 25 Germany PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 26 France PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 27 France PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 28 France PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 29 Rest of Europe PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 30 Rest of Europe PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 31 Rest of Europe PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 32 Asia Pacific PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 33 Asia Pacific PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 34 Asia Pacific PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 35 Asia Pacific PMS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 36 Japan PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 37 Japan PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 38 Japan PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 39 China PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 40 China PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 41 China PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 42 India PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 43 India PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 44 India PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 45 Rest of Asia Pacific PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 46 Rest of Asia Pacific PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 47 Rest of Asia Pacific PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 48 RoW PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 49 RoW PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 50 RoW PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 51 RoW PMS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 52 Middle East & Africa PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 53 Middle East & Africa PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 54 Middle East & Africa PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 55 Latin America PMS Market, by Deployment Type, 2017–2027 (US$ Mn)
TABLE 56 Latin America PMS Market, by Organization Size, 2017–2027 (US$ Mn)
TABLE 57 Latin America PMS Market, by End-user Vertical, 2017–2027 (US$ Mn)
TABLE 58 Alcatel-Lucent Enterprises: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 59 Amdocs: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 60 Comarch : Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 61 Comptel Corporation: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 62 Huawei Technologies Co., Ltd.: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 63 Juniper Networks, Inc.: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 64 NETconsent Ltd.: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments)
TABLE 65 MetaCompliance: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments
TABLE 66 ComplianceBridge Corporation: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments
TABLE 67 Bizmanualz: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments
TABLE 68 Nokia Networks: Company Snapshot (Company Overview; Material Portfolio; Financial Information; Key Developments