Privileged Identity Market
Privileged Identity Market

According to the new market research report by Industry ARC titled “Privileged Identity Management Market: By Product (Software Licenses, Services); By Mode of Deployment (On-Premise, Cloud, Hybrid Cloud); By End-User Segment (Government, Large Enterprises, Small & Medium Enterprises); By Geography – (2018-2023)” the market is expected to grow at a CAGR of 19.7% to reach $2.3 billion by 2023. Enterprises need to be protected from unauthorized third party access into their information systems and even malicious attacks. This factor drives the Privileged Identity Management Market in the forecast period.

Americas dominates the Privileged Identity Management Market during the forecast period

Americas holds a major share of 42% in the Privileged Identity Management Market in the coming years. This is followed by Europe and Asia Pacific. Presence of more number of players in North America drives the market in the region. Asia Pacific, on the other hand, is expected to have the fastest growth. The countries in Asia pacific and Europe have more scope of growth in the future along with few developed countries.

Countries such as the US, UK, Canada, and Japan employ privileged identity management due to the presence of OS, DBAs, auditors, and external users. Security, monitoring, managing privileged accounts, and activities related to data center management are attributed to the growth of privileged access management across the globe.

Selected Regulatory Analysis done in the full report

Large enterprises are the main adopters of privileged access management solutions. This is attributed to their presence in different geographical locations, widespread operations, and multiple regulatory requirements. In these enterprises, credentials and accounts can be misused by insiders. Developed countries mainly use the privileged identity management to protect against growing number of cyber-attacks. Data center consolidation, cloud computing, and outsourcing to protect the information from being misused by the vendors has spurred the growth of PIM solutions recently.

Large enterprises segment is expected to reach $1,373.5 million with a CAGR of 18.70% by 2023. This is due to the increasing demand of privileged account security from large scale enterprises in developed countries.

Excerpts on Market Growth factors mentioned in the full report

  • Bring Your Own Devices (BYOD) and work from home culture have become common in professional workplaces. These trends require an employee to use a portable workstation which becomes susceptible to cyber and non-cyber attacks. PIM can control these vulnerabilities by managing the access controls.
  • Many cases of security breaches have been reported, where insiders have become a threat inside an organization. This factor has introduced the implementation of identity management system.
  •  The government mandate for compliance with security breach protection has augmented the demand for the privileged user management.

Request for table of contents of the full report by providing your details in the below link:

https://industryarc.com/pdfdownload.php?id=15799

 Key players of the Privileged Identity Management Market:

Moog   Inc.  And Parker Hannifin Corp are  analyzed to be the dominant players  of the electro   hydraulic servo valve  market, followed by Bosch      Rexroth.

Companies Cited/Referred/Interviewed:

 

MTS SYSTEMS CORPORATION STAR HYDRAULICS LIMITED WOODWARD,INC.
HONEYWELL INTERNATIONAL                INC. EATON  CORPORATION VOITHGmbH
EMG AUTOMATION GmbH Company 8 Company 9

 

Related reports:

  1. Cloud Identity Access Management
  2. Artificial Intelligence Market in Regtech

 

Talk to one of our sales representative about the full report by providing your details in the link below:

https://industryarc.com/support.php?id=15799

Privileged identity Management Market is segmented as below

The PIM security solution helps enterprises in controlling threats inside and outside the premises. It reviews the use of privileged access credentials across different platforms, systems, and applications.

  • Privileged Identity Management Market by type
  1. Software Licenses
  2. Services
  3. Others
  •  Privileged Identity Management Market by end user segment
  1. Large Enterprises
  2. Government Organizations
  3. Small and Medium Enterprises (SMEs)
  4. Others
  •   Privileged Identity Management Market by mode of deployment
  1. On-premise
  2. Cloud
  3. Hybrid Cloud
  •  Privileged Identity Management Market by geography(9+ countries)
  •  Privileged identity Management Market by entropy
  •   Company profiles
  •  Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.

What can you expect from the report?

The Privileged identity Management Market Report is prepared with the Main Agenda to Covers the following 20 points:

  1. Market Size by Product Categories
  2. Market trends
  3. Manufacturer Landscape
  4. Distributor Landscape
  5. Pricing Analysis
  6. Top 10 End user Analysis
  7. Product Benchmarking
  8. Product Developments
  9. Mergers & Acquisition Analysis
  10. Patent Analysis
  11. Demand Analysis (By Revenue & Volume)
  12. Country level Analysis (15+)
  13. Competitor Analysis
  14. Market Shares Analysis
  15. Value Chain Analysis
  16. Supply Chain Analysis
  17. Strategic Analysis
  18. Current & Future Market Landscape Analysis
  19. Opportunity Analysis
  20. Revenue and Volume Analysis

Does IndustryARC publish country, geography or application based reports in Privileged Identity Management  Market?

Yes, we do have separate reports and database as mentioned below:

  1. Americas Privileged Identity Management Market(2018-2023)
  2. Europe Privileged Identity Management Market(2018-2023)
  3. Asia Pacific Privileged Identity Management market(2018-2023)
  4. Large Enterprises Privileged identity Management Market(2018-2023)
  5. Government Organisations Privileged Identity Management Market(2018-2023)

 

Does IndustryARC provide customized reports and charge additionally for limited customization?

Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

  1. Increase the level of data in application or end user industry.
  2. Increase the number of countries in geography or product chapter.
  3. Find out market shares for other smaller companies or companies which are of interest to you
  4. Company profiles can be requested based on your interest.
  5. Patent analysis, pricing, product analysis, product bench-marking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team and can provide a separate quote based on your requirements. You can drop an e-mail to sales@industryarc.com  to discuss more about our consulting services.

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Mr. Venkat Reddy

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