Press release
Password Management Market Size, Emerging Trends, Growth Factors and Forecasts to 2027- Avatier, Core Security, Dashlane, FastPassCorp A/S., Hitachi ID Systems, IBM, Micro Focus
Password management is a software solution that supports the storing and organization of passwords. Password management has appeared as a significant segment of the identity management market. Human-generated passwords are frequently algorithmically weak and prone to attacks. Password management is helpful for people and is also used for different enterprises, such as small-sized businesses, medium-sized businesses, and large-sized businesses, as a tool for governance and information and security.The report aims to provide an overview of password management market with detailed market segmentation by type, access, organizational size, industry vertical. The global password management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading password management market players and offers key trends and opportunities in the password management market.
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Top Companies Profiled In This Report: Avatier, Core Security, Dashlane Inc., FastPassCorp A/S., Hitachi ID Systems, Inc., IBM, Micro Focus, SailPoint Technologies Holdings, Inc., Siber Systems, Inc, Zoho Corporation Pvt. Ltd.
The global password management market is segmented on the basis of type, access, organizational size, industry vertical. On the basis of type, the market is segmented as self-service password management, privileged user password management. On the basis of access, the market is segmented as mobile devices, desktops and laptops, voice enabled password systems, others. On the basis of organizational size, the market is segmented as SMEs, large enterprises. On the basis of industry vertical, the market is segmented as BFSI, education, healthcare, manufacturing, public sector and utilities, retail and wholesale distribution, telecom and it, others.
An increased instance of attacks by hackers is one of the major factors driving the growth of the password management market. Moreover, the rapidly growing cloud market is anticipated to bring new opportunities for the password management market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global password management market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The password management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting password 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. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the password management market in these regions.
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