Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Privileged
Access Management Solutions Market makes an offering of in-depth analysis of
segments and sub-segments in the regional and international Privileged Access
Management Solutions Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Privileged Access
Management Solutions Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of global Privileged
Access Management Solutions Market is offered. In accordance with the report,
the global Privileged Access Management Solutions Market is projected to expand
at a CAGR of 27.15 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Privileged
Access Management Solutions helps the organization by providing privileged
secure access to assets and manage and monitor accounts and access thereby
meeting compliance requirements.
With an increase
in product demand, innovative products, affluence of raw materials, growing
disposable incomes and changing consumption technologies, the global privileged
access management solutions market is expected to grow significantly in the
forecast period. Privileged Access Management solutions helps organization to
discover and gain full control on privileged accounts on various systems,
applications and devices for effective management. It automatically randomizes,
manages and vaults credentials and passwords for service, administrative and
application accounts. With an increasing threat of data breaches due to insider
attacks specially employees, business partners, vendors or contractors who have
access to company’s assets, many organizations are adopting the Privileged
Access Management Solution to optimize organization efficiency. With the
regulatory compliance by the Government of various countries and the adoption of best practices for
identity management by various organizations, the global Privileged Access
Management Solution market is expected to grow in the forecast period.
However, the
high cost associated with the implementation and innovation of such technology
and the lack of awareness about security threats amongst emerging
organizations, acts as a major restraint for the growth of this market.
However, increased digitization and implementation of IDaaS and rise of
intelligence-based privileged identity management solutions will act as major
opportunities for further growth of the market in the forecast period.
Many key vendors
are investing their earnings on product development, research and development,
mergers and acquisitions to provide end users the most advanced and innovative
solution to cater to their business requirements and security needs. For e.g. In Dec 2016, Lieberman Software company
formed a strategic alliance with Core Security to integrate its privileged
identity management technology with the products offered by Core Security for
identity, access, vulnerability management and authentication.
Segment Covered:
This market
intelligence report on the global Privileged Access Management Solutions Market
encompasses market segments based on solutions, installations, deployment,
organization size, service, end users and country/regions.
In terms of solution, the global Privileged
Access Management Solutions Market
is segregated into
§ Identity Management
§ Access Management
§ Session Monitoring
§ Session Management
In terms of installation, the global Privileged
Access Management Solutions
Market is segregated into
§ Agent Based
§ Appliance Based
In terms of deployment, the global Privileged
Access Management Solutions
Market is segregated into
§ On-Premises
§ Cloud
In terms of Organization Size, the global Privileged
Access Management Solutions
Market is segregated into
§ Small & Medium Enterprise (SME)
§ Large Enterprise
By services, the global Privileged Access
Management Solutions Market
is also classified into,
§ Professional Services
§ Implementation & Integration
§ Consulting
§ Education & Training
§ Support & Maintenance
§ Others
By end-user, the global Privileged Access
Management Solutions
Market is also classified into,
§ BFSI
§ Government & Defense
§ Healthcare
§ Manufacturing
§ Energy & Utilities
§ Telecom and IT
§ Retail
§ Others
By country/region, the global Privileged Access
Management Solutions Market
has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ ARCON TechSolutions
§ Balabit Corporation
§ BeyondTrust
§ Bomgar Corporation
§ CA Inc.
§ Centrify Corporation
§ Core Security Technologies
§ Cyberark Company
§ Hitachi ID
§ IBM Corporation
§ Iraje
§ Lieberman Software
§ ManageEngine
§ Microfocus International Plc
§ NRI Secure Technologies
§ Observe IT Software Company
§ Onion ID Inc.
§ Oracle Corporation
§ Osirium Technologies
§ Quest Software
§ Silverlake Mastersam
§ Simieo Solutions
§ Thycotic
§ Wallix Software Company
§ Wheel Systems and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Privileged Access Management Solutions related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Privileged Access Management Solutions Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Privileged
Access Management Solutions Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Hitachi, IBM
Corporation, NRI Secure Technologies, Oracle Corporation, Quest Software,
Thycotic, Wheel Systems and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Privileged Access
Management Solutions Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for Privileged
Access Management Solutions Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Privileged Access Management Solutions Market
v
Identification
of key factors driving investment opportunities in the Privileged Access Management
Solutions Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants