Privileged Identity Management Market is expected to grow at a CAGR of 30.8 % during 2019-2027 | Leading Players BeyondTrust, CA Technologies, Centrify, Cyberark, Hitachi, IBM, Micro Focus, One Identity and Thycotic

The global privileged identity management market accounted to US$ 1496.6 Mn in 2018 and is expected to grow at a CAGR of 30.8 % during the forecast period 2019 – 2027, to account to US$ 16331.6 Mn by 2027.

North America was the leading geographic privileged identity management market and it is anticipated to be the highest revenue contributor throughout the forecast period. Factors such as penetration of internet users, increasing popularity of mobile services across various sectors such as BFSI and Government, and growing digitization have a profound influence over the penetration of the privileged identity management market during the past few years. The privileged identity management market is mostly driven by factors such as increasing trend of BYOD and increasing spending on security solutions. With the increasing usage of mobile devices and tablets, it has given rise to many identification issues. Employees can access confidential information such as corporate emails, financial database, and other business information using these devices. Businesses are highly focused on investing for security solutions to restrict employees from misusing confidential data through fraudulent activities. Also, increased use of portable devices has made corporate networks more susceptible to hacking. Hence, companies are adopting privileged identity management solutions to secure their network and provide safe access.

Privileged Identity Management Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

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This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.

The report Privileged Identity Management Market gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Typhoid Vaccines market.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Privileged Identity Management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

Leading Privileged Identity Management market Players:

• BeyondTrust Corporation
• CA Technologies
• Centrify
• Cyberark
• Hitachi Id Systems, Inc.
• IBM Corporation
• Micro Focus
• One Identity LLC.
• Thycotic.
• Zoho (ManageEngine)

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Key Elements that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the Privileged Identity Management market.
• Key market trends cracking up the growth of the Privileged Identity Management market.
• Challenges to market growth.
• Key vendors of Privileged Identity Management market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Privileged Identity Management market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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