Cloud Infrastructure Entitlement Management Market by Deployment (Cloud, On-premises), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), End-use - Global Forecast 2024-2030

Cloud Infrastructure Entitlement Management Market by Deployment (Cloud, On-premises), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), End-use - Global Forecast 2024-2030

The Cloud Infrastructure Entitlement Management Market size was estimated at USD 1.01 billion in 2023 and expected to reach USD 1.33 billion in 2024, at a CAGR 34.42% to reach USD 8.02 billion by 2030.

Cloud infrastructure entitlement management (CIEM) refers to the process of identifying, administrating, enforcing, and auditing entitlement policies within the cloud ecosystem, streamlining governance and facilitating adherence to regulatory requirements. This method aims to maintain security and compliance by comprehensively managing user access rights across multi-cloud platforms while mitigating potential risks associated with excessive permissions or unauthorized access. In today's rapidly evolving digital landscape, businesses increasingly rely on multiple cloud-based infrastructures for their operations. Consequently, traditional methods of identity and access management (IAM) have become inadequate owing to the complexity and heterogeneity of these environments. CIEM addresses this challenge by providing a holistic approach to managing user privileges across various cloud services, such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). Several factors, including a heightened need for regulatory compliance, advancements in application development methodologies, and the rise of remote work culture, have been driving the adoption of CIEM solutions over the years. However, limitations and challenges such as technical complexities in implementation within existing infrastructure, budget constraints faced by SMEs, and resistance towards migrating legacy systems to the cloud due to data privacy concerns, hinder the market growth. Moreover, potential applications of AI integration for advanced threat detection and machine learning deployment for predictive user behavior analysis have been creating lucrative scope for the global cloud infrastructure entitlement management market.

Regional Insights

The global cloud infrastructure entitlement management market is witnessing significant growth in the Americas region owing to the large presence of technology-focused industries and a strong inclination towards embracing advanced digital solutions. The United States has been at the forefront of adopting cloud-based services and implementing strict data protection policies. These drivers have resulted in a high demand for reliable and secure entitlement management solutions to effectively manage access rights to critical resources on the cloud. Additionally, Latin America's digital transformation efforts have paved the way for increased investment in cloud-based technologies, contributing to market growth in this region. Meanwhile, EMEA countries are experiencing a notable rise in their demand for effective entitlement management solutions to avoid recent data breaches affecting major corporations within Europe. Moreover, with stringent regulations, including GDPR, coming into force, organizations operating within this region are compelled to invest heavily in robust IT security measures. Furthermore, emerging markets within the MEA and Africa are gradually adapting to new technologies, with an increasing number of businesses looking towards digitization, which necessitates enhanced security measures through effective entitlement management systems. For the cloud infrastructure entitlement management market, APAC is one of the fastest-growing regions globally, which is flourishing with significant contributions from countries including China, India, Japan, and Australia. Rapid industrialization in this region calls for efficient and scalable IT solutions, as a result, businesses are increasingly migrating their operations to the cloud. This surge in cloud computing adoption is attributed to the availability of affordable internet connectivity, government initiatives promoting digital transformation, and a growing technology-savvy middle-class population. This massive digital migration brings forth the need to manage access rights and ensure data security, which has been a rising demand for sophisticated entitlement management solutions to help organizations maintain control over their cloud-based resources.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cloud Infrastructure Entitlement Management Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rapid adoption of cloud computing across business
Growing number of cybersecurity threats worldwide
Rise of remote and hybrid work models across organizations

Market Restraints

High cost associated with cloud infrastructure entitlement management

Market Opportunities

Continuous technological advancements in cloud infrastructure entitlement management
Growing inclination towards customized cloud infrastructure entitlement management

Market Challenges

Security risks with the usage of cloud infrastructure entitlement management

Market Segmentation Analysis

Deployment: High preferences for on-premises deployment with greater control and customization options for organizations
Organization Size: Growing demand for comprehensive and scalable solutions from large enterprises to manage their vast IT infrastructures
End-use: Increasing adoption of CIEM in the BFSI sector to enhance security and reduce operational costs for the bank

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cloud Infrastructure Entitlement Management Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cloud Infrastructure Entitlement Management Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Sym, a Dynamic Authorization Platform For Implementing Zero Trust, Announces Launch

SymOps, Inc., a company in the access management space, has launched a dynamic authorization platform. This platform aims to address the increasing challenges posed by messy credentials and overly-provisioned access. By providing a programmable connection between various elements of an organization's infrastructure and security stack, Sym's platform enables teams to create custom rules for temporary and auditable access. The dynamic authorization platform offered by Sym allows teams to effectively tackle pressing security issues with greater scrutiny and efficiency than ever before. Sym's dynamic authorization platform further allows a critical, programmable connection between disparate elements of infrastructure & security stack, filling a critical gap in existing IGA and CIEM platforms.

Tenable Strikes USD 265-Million Deal to Acquire Ermetic

Tenable, Inc. has entered into a definitive agreement to acquire Ermetic Ltd. for a total value of USD 265 million. The acquisition, which consists of USD 240 million in cash and USD 25 million in restricted stock and RSUs, is expected to close in the early fourth quarter of 2023, subject to customary closing conditions. As part of the integration, Tenable intends to incorporate Ermetic's cloud-native application protection platform (CNAPP) and cloud infrastructure entitlement management (CIEM) capabilities into its Tenable One Exposure Management Platform.

Lacework’s New CIEM Uses ML to Fish Out High-Risk Identities

Lacework, Inc. has introduced a cloud infrastructure entitlement management (CIEM) solution to enhance cloud identity observability as part of its comprehensive cloud security platform. The CIEM capabilities are powered by Lacework's patented polygraph data platform, which effectively identifies excessive privileges assigned to user identities and computes a risk score for each. This new offering is designed to complement Lacework's existing attack path context, anomaly detection, application protection platform, infrastructure as code security, cloud workload protection platform, and Kubernetes security capabilities.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cloud Infrastructure Entitlement Management Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cloud Infrastructure Entitlement Management Market, highlighting leading vendors and their innovative profiles. These include Authomize Ltd., BeyondTrust Corporation, Britive, Inc., Broadcom Inc.,, Check Point Software Technologies Ltd., CrowdStrike, Inc., CyberArk Software Ltd., Delinea Inc., Dot Net Factory, LLC, ForgeRock, International Business Machines Corporation, Microsoft Corporation, NextLabs, Inc., Okta, Inc., One Identity LLC by Quest Software Inc., Orca Security Ltd., Palo Alto Networks, Inc., Radware, Rapid7, SailPoint Technologies, Inc., Saviynt Inc., SecurEnds, Inc., Sonrai Security, Inc., SSH Communications Security Corporation, Sysdig, Inc., Tenable, Inc., and Zscaler, Inc..

Market Segmentation & Coverage

This research report categorizes the Cloud Infrastructure Entitlement Management Market to forecast the revenues and analyze trends in each of the following sub-markets:

Deployment
Cloud
On-premises
Organization Size
Large Enterprises
Small & Medium-Sized Enterprises
End-use
BFSI
Healthcare
IT & ITeS
Retail & eCommerce
Telecommunications
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year