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Privileged Identity Management Market Worth 3,792.5 Million USD by 2021
[March 15, 2017]

Privileged Identity Management Market Worth 3,792.5 Million USD by 2021

PUNE, India, March 15, 2017 /PRNewswire/ --

According to a new market research report "Privileged Identity Management Market by Solution (Identity Management, Access Management, Session Monitoring and Management), Service, Installation Type (Appliance-Based & Agent-Based), Deployment Mode, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size expected to grow from USD 922.0 Million in 2016 to USD 3,792.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7%.

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Browse 76 market data Tables and 36 Figures spread through 131 Pages and in-depth TOC on "Privileged Identity Management Market"

http://www.marketsandmarkets.com/Market-Reports/privileged-identity-management-market-31586492.html
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The increasing technology trend of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) within organizations has introduced many security threats associated with identity thefts. As the frequency of sophisticated insider attacks on critical infrastructure is growing, the Privileged Identity Management Market is expected to gain traction in the next five years.

Session monitoring and management is expected to play a key role in the Privileged Identity Management Market 

The session monitoring and management segment is expected to play a key role in changing the Privileged Identity Management Market landscape during the forecast period and grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period. This solution provides real-time session monitoring and management of all the activities with user devices, such as smartphones, tablets, and laptops, along with high security against malicious threats within enterprises.

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Cloud-based deployment is expected to be the fastest-growing deployment model 

Cloud deployment is expected to be the fastest-growing deployment mode in the Privileged Identity Management Market, as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities. Cloud-basedprivileged identity management solutions are available according to customer's demand, wherein customers can start or stop any service, at will.

North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the highest CAGR 

North America is expected to hold the largest market share and dominate the Privileged Identity Management Market from 2016 to 2021. The increased insider attack, along with meeting the strict compliance regulations is driving the organizations in North America to adopt privileged identity management solutions. Various companies, such as IBM, CA Technologies, CyberArk, Centrify, and BeyondTrust are operating in the market space. APAC offers potential growth opportunities for the Privileged Identity Management Market to grow, as countries in this region are investing heavily in deploying the session monitoring and management solution.


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The major vendors in the Privileged Identity Management Market include ARCON (India), Balabit (Hungary), BeyondTrust (U.S.), Bomgar Corporation (U.S.), CA, Inc. (U.S.), Centrify (U.S.), Core Security (U.S.), Cyberark (U.S.), Hitachi-ID (Canada), IBM Corporation (U.S.), Iraje (U.S.), Lieberman Software (U.S.), MANAGEENGINE (U.S.), MICROFOCUS (U.K.), NRI SecureTechnologies (U.S.), ObserveIT (U.S.), Onion ID (U.S.), Oracle Corporation (U.S.), Osirium (U.K.), Quest Software (U.S.), Silverlake Mastersam (Singapore), Simeio Solutions (U.S.), Thycotic (U.S.), Wallix (France), and Wheel Systems (U.S.).

Browse Related Reports: 

Identity & Access Management Market by Component (Provisioning, Directory Services, Password Management, S SO, and Audit, Compliance, and Governance), Organization Size, Deployment Type, Vertical (BFSI, Telecom & IT), and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/identity-access-management-iam-market-1168.html

Personal Identity Management Market by Application (Access Control and Content Management), Service (Professional Services and Managed Services), Deployment Type (On-Premises and Cloud), Vertical, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/personal-identity-management-market-244499986.html

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About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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