Global Privileged Identity Management Market, By Component (Solutions, Services), Installation Type (Appliance-Based, Agent-Based), Deployment Mode (Cloud, On-Premises), Organization Size (Large Enterprises, Small and Medium Enterprises), Industry Vertical (Banking, Financial Services, and Insurance, Government and Defense, Healthcare and Pharmaceuticals, Manufacturing, Energy and Utilities, IT and Telecom, Retail, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Privileged Identity Management Market
Privileged identity management market will reach at an estimated value of USD 9,380.2 million by 2028 and grow at a CAGR of 29.30% in the forecast period of 2021 to 2028. Rise in the cautionary of data theft due to insider occurrences is an essential factor driving the privileged identity management market.
Privileged identity management (PIM) is defined as the supervision and safety of superuser records in the organization's IT settings. Rise in the requirement to improve organization productivity acts as an essential factor escalating the market growth.
Rise in the government monitoring agreements is a crucial factor accelerating the market growth, also increase in the implementation of finest observes for identity management, rise in the threat of data breach due to insider attacks and increase in the need to optimize organization efficiency are the major factors among others boosting the privileged identity management market. Moreover, increase in the digitization and adoption of identity as a service (IDaaS) and rise in the emergence of intelligence-based privileged identity management solutions will further create new opportunities for laser technology market in the forecast period mentioned above.
However, high cost of innovation and implementation is the major factor among others restraining the market growth, and will further challenge the privileged identity management market in the forecast period mentioned above.
This privileged identity management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on privileged identity management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Privileged Identity Management Market Scope and Market Size
Privileged identity management market is segmented on the basis of component, installation type, deployment mode, organization size and industry vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, privileged identity management market is segmented into solutions and services.
- Based on installation type, the privileged identity management market is segmented into appliance-based and agent-based.
- Based on deployment mode, the privileged identity management market is segmented into cloud and on-premises.
- Based on organization size, the privileged identity management market is segmented into large enterprises, small and medium enterprises.
- The privileged identity management market is also segmented on the basis of industry vertical into banking, financial services, and insurance, government and defense, healthcare and pharmaceuticals, manufacturing, energy and utilities, it and telecom, retail and others.
Privileged Identity Management Market Scope Country Level Analysis
Privileged identity management market is analysed and market size, volume information is provided by country, component, installation type, deployment mode, organization size and industry vertical as referenced above.
The countries covered in the privileged identity management market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the privileged identity management market due to increase in the implementation of finest observes for identity management, rise in the threat of data breach due to insider attacks and increase in the need to optimize organization efficiency in this region.
The country section of the privileged identity management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Privileged Identity Management Market Share Analysis
Privileged identity management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to privileged identity management market.
The major players covered in privileged identity management market report are BeyondTrust Corporation., Broadcom, Centrify Corporation., CyberArk Software Ltd., SecureAuth Corporation., One Identity LLC, Zoho Corporation Pvt. Ltd., Ekran System, Simeio Solutions, Thycotic., Xton Technologies, LLC., Amazon Web Services, Inc., Microsoft, OneLogin, Inc., Salesforce.com, Inc., VMware, Inc, Foxpass, Inc., Oracle, HashiCorp, IBM Corporation and Saviynt Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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