Privileged Access Management Market Size, Growth & Global Forecast Report to 2032

Privileged Access Management Market Size, Growth & Global Forecast Report to 2032

May 24, 2024

COVID-19 Impact Analysis on Privileged Access Management Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2023-2032. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Privileged Access Management market include Arcon, Beyondtrust Inc., Cyberark Software Ltd., Fortinet, Hitachi ID Systems Inc., IBM Corporation, Imprivata, Okta, Optiv Security, SailPoint. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The privileged access management market is growing due to several key factors shaping the cybersecurity landscape. Increasing cyber threats, including insider risks and data breaches, propel the demand for robust security measures. PAM solutions play a crucial role by securing and controlling access to privileged accounts, which are prime targets for attackers. Stringent data protection regulations mandate strong controls over privileged access, making PAM solutions essential for compliance adherence. Organizations are increasingly aware of insider threats, driving the need for monitoring and controlling privileged user activities, a capability offered by PAM solutions. The adoption of zero-trust security principles aligns with privileged access management, focusing on restricting access and continuous verification. With the complexity of IT environments, especially in cloud-based and hybrid setups, PAM provides centralized control and security over diverse systems. Instances of high-profile breaches underscore the necessity of robust privileged access management solutions in preventing unauthorized access to critical assets.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of privileged access management. The growth and trends of privileged access management industry provide a holistic approach to this study. 

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Market Segmentation

This section of the privileged access management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Offering

  • Solution (Identity Management, Access Management, Session Monitoring & Management, Others)
  • Services

By Deployment Model

  • On-premises
  • Cloud

By Enterprise Size

  • Large Enterprises
  • SMES

By Industry Vertical

  • BFSI
  • IT & Telecommunication
  • Government & Public Sector
  • Healthcare
  • Manufacturing
  • Energy & Utilities
  • Retail & E-commerce
  • Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Privileged Access Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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