Global Privileged Access Management Solutions Market 2024-2028
The privileged access management solutions market is forecasted to grow by USD 10710.8 mn during 2023-2028, accelerating at a CAGR of 34.08% during the forecast period. The report on the privileged access management solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for multi-factor authentication (MFA) for privileged accounts, increasing frequency of insider threats, and increasing compliance with regulatory standards.
Technavio's privileged access management solutions market is segmented as below:
ByDeployment
ByComponent
ByGeography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increased adoption of BYOD concept as one of the prime reasons driving the privileged access management solutions market growth during the next few years. Also, incorporation of cloud in PAM solutions and increasing marketing initiatives will lead to sizable demand in the market.
The report on the privileged access management solutions market covers the following areas:
- Privileged access management solutions market sizing
- Privileged access management solutions market forecast
- Privileged access management solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading privileged access management solutions market vendors that include ARCON, BeyondTrust Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Devolutions, Fudo Security Inc., Hitachi Ltd., International Business Machines Corp., Iraje Inc., Kron Telekomunikasyon Hizmetleri A.S., Open Text Corporation, Oracle Corp., Osirium Ltd., Quest Software Inc., Silverlake Mastersam, Simeio Solutions LLC, Thycotic Software LLC, Wallix Group SA, and Zoho Corp. Pvt. Ltd.. Also, the privileged access management solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.