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User Provisioning Software Market - 37% of Growth to Originate from APAC | BFSI Segment to be Significant for Revenue Generation | Technavio
[May 02, 2022]

User Provisioning Software Market - 37% of Growth to Originate from APAC | BFSI Segment to be Significant for Revenue Generation | Technavio


NEW YORK, May 2, 2022 /PRNewswire/ -- The "User Provisioning Software Market - Competitive Analysis, Drivers, Trends, Challenges & Five Force Analysis" report has been added to Technavio's offering. The user provisioning software market value is set to grow by USD 4.54 billion from 2021 to 2026, progressing at a CAGR of 7.93%  as per the latest market report by Technavio.

Company Profiles

The user provisioning software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The user provisioning software market report includes information on the product launches, sustainability, and prospects of leading vendors including Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd.

  • Broadcom Inc. - The company offers user provisioning software to manage mainframe access and securely connect users with applications and data through multi-factor authentication. 

 To know about all major vendor offerings - Download a sample now!

Market Segmentation

Technavio report extensively covers user provisioning software market segmentation by end-user (BFSI, manufacturing, healthcare, retail, and others) and geography (North America, Europe, APAC, the Middle East and Africa, and South America).

  • By End-user, the market is classified as BFSI, manufacturing, healthcare, retail, and others. The user provisioning software market share growth by the BFSI segment will be significant for revenue generation. The BFSI sector includes banking, insurance, and all other financial verticals. The increasing adoption of banking services and the complete digitalization of the systems are facilitating vast content generation. In this situation, user provisioning software enables financial organizations to manage user content electronically across diverse systems and processes, ranging from a single window to the overall development. As the market is moving toward a customer-centric ecosystem, an overwhelming amount of content is generated. A user-provisioning software allows a financial institution to meet the challenges that include compliance requirements, content management, user security, transparency, and the availability of the software across platforms, time, and geographies. The end goal is to improve customer services across platforms and geographies, workflow automation, and the increasing overall efficiency to drive the growth of the global user provisioning software market in the BFSI sector. Therefore, this segment is expected to continue its dominance during the forecast period.
  • By Geography, the market is classified as North America, Europe, APAC, the Middle East and Africa, and South America. 37% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the user provisioning software market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing adoption of technologies across industries will facilitate the user-provisioning software market growth in APAC over the forecast period. 

To know the market contribution of each segment - Download a sample now!

Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Dynamics

The rising demand for large-scale user provisioning is the key driver fueling the user provisioning software market growth. The beneficiary attributes of deploying user provisioning software in large-scale management scenarios include easy access to information systems across diverse on-premises applications, a secure network for managing user identity, and the enhanced management of user data, which translates into reduced risks of internal and external breaches. Also, user provisioning software can help in achieving regulatory compliance by providing the tools to implement comprehensive security and audit. Such numerous benefits will drive the user-provisioning software market growth during the forecast period.

However, growing competition from open-source platforms is the factor hindering the user-provisioning software market growth. Open-source software is rich in demand as it provides useful features and is available on the internet for free of cost. This has attracted many small emerging enterprises to use open-source user provisioning software for integrated management. Nonetheless, the software also saves costs such as the purchasing and licensing costs of commercial software, which are usually high. Furthermore, the availability of source code, fast deployment, and reliability are the main advantages of the open-source platform. These advantages have increased the prominence and popularity of open-source platforms. However, such increas8ing prominence will hinder the user provisioning software market growth during the forecast period.

To know about other drivers & challenges - Download a sample now!

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User Provisioning Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.93%

Market growth 2022-2026

USD 4.54 billion

Market structure

Fragmented

YoY growth (%)

7.11

Performing market contribution

APAC at 37%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Content

 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 BFSI - Market size and forecast 2021-2026
    • Exhibit 28: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on BFSI - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on BFSI - Year-over-year growth 2021-2026 (%)
  • 5.4 Manufacturing - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)
  • 5.5 Healthcare - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.6 Retail - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Retail - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Retail - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Broadcom Inc.
    • Exhibit 101: Broadcom Inc. - Overview
    • Exhibit 102: Broadcom Inc. - Business segments
    • Exhibit 103: Broadcom Inc. - Key news
    • Exhibit 104: Broadcom Inc. - Key offerings
    • Exhibit 105: Broadcom Inc. - Segment focus
  • 10.4 Centrify Corp.
    • Exhibit 106: Centrify Corp. - Overview
    • Exhibit 107: Centrify Corp. - Product / Service
    • Exhibit 108: Centrify Corp. - Key offerings
  • 10.5 Dell Technologies Inc.
    • Exhibit 109: Dell Technologies Inc. - Overview
    • Exhibit 110: Dell Technologies Inc. - Business segments
    • Exhibit 111: Dell Technologies Inc. - Key news
    • Exhibit 112: Dell Technologies Inc. - Key offerings
    • Exhibit 113: Dell Technologies Inc. - Segment focus
  • 10.6 EmpowerID Inc.
    • Exhibit 114: EmpowerID Inc. - Overview
    • Exhibit 115: EmpowerID Inc. - Product / Service
    • Exhibit 116: EmpowerID Inc. - Key offerings
  • 10.7 Hitachi Ltd.
    • Exhibit 117: Hitachi Ltd. - Overview
    • Exhibit 118: Hitachi Ltd. - Business segments
    • Exhibit 119: Hitachi Ltd. - Key news
    • Exhibit 120: Hitachi Ltd. - Key offerings
    • Exhibit 121: Hitachi Ltd. - Segment focus
  • 10.8 International Business Machines Corp.
    • Exhibit 122: International Business Machines Corp. - Overview
    • Exhibit 123: International Business Machines Corp. - Business segments
    • Exhibit 124: International Business Machines Corp. - Key offerings
    • Exhibit 125: International Business Machines Corp. - Segment focus
  • 10.9 Microsoft Corp.
    • Exhibit 126: Microsoft Corp. - Overview
    • Exhibit 127: Microsoft Corp. - Business segments
    • Exhibit 128: Microsoft Corp. - Key news
    • Exhibit 129: Microsoft Corp. - Key offerings
    • Exhibit 130: Microsoft Corp. - Segment focus
  • 10.10 Oracle Corp.
    • Exhibit 131: Oracle Corp. - Overview
    • Exhibit 132: Oracle Corp. - Business segments
    • Exhibit 133: Oracle Corp. - Key news
    • Exhibit 134: Oracle Corp. - Key offerings
    • Exhibit 135: Oracle Corp. - Segment focus
  • 10.11 Quest Software Inc.
    • Exhibit 136: Quest Software Inc. - Overview
    • Exhibit 137: Quest Software Inc. - Product / Service
    • Exhibit 138: Quest Software Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 139: Inclusions checklist
    • Exhibit 140: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 141: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 142: Research methodology
    • Exhibit 143: Validation techniques employed for market sizing
    • Exhibit 144: Information sources
  • 11.5 List of abbreviations
    • Exhibit 145: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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