Market Analysis and Insights: Global Privileged Identity Management Market
Privileged identity management (PIM) is the monitoring and protection of superuser accounts in an organization’s IT environments.
Oversight is necessary so that the greater access abilities of super control accounts are not misused or abused. Unmanaged super user accounts can lead to loss or theft of sensitive corporate information, or malware that can compromise the network.
The global Privileged Identity Management market size is projected to reach US$ 8476.6 million by 2028, from US$ 1615.8 million in 2021, at a CAGR of 26.2% during 2022-2028.
North America is expected to have the largest market size and would dominate the privileged identity management market during the forecast period. Increasing penetration of the Internet and smart & connected devices has led to growing security needs. Also, rapid economic growth in the developing APAC countries, along with improving regulatory reforms and economic stability is driving the growth of the market in this region. In Latin America, SMEs as well as enterprises belonging to a range of verticals, such as public utilities, Banking, Financial Services, & Insurance (BFSI), healthcare, retail, and manufacturing, are expected to increase investments in privileged identity management solutions.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Privileged Identity Management market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Privileged Identity Management market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Privileged Identity Management market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Privileged Identity Management market.
Global Privileged Identity Management Scope and Market Size
Privileged Identity Management market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Privileged Identity Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
On-Premises
Cloud-Based
Segment by Application
BFSI
Telecom and IT
Healthcare
Manufacturing
Energy and Utilities
Government & Defense
Retail
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
Centrify
BeyondTrust
Broadcom
CyberArk Software
One Identity
Thycotic
ARCON
Hitachi ID Systems
MasterSAM
NetIQ
NRI Secure Technologies
ObserveIT
Wallix
Devolutions
Ekran System
Manage Engine
Xton Technologies