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Privileged Access Management Solutions Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Privileged Access Management Solutions Market Size, Growth Rate, And Forecast
The global privileged access management solutions market size is expected to grow from $2.65 billion in 2022 to $3.36 billion in 2023 at a compound annual growth rate (CAGR) of 27.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The privileged access management solutions market size is expected to grow to $8.83 billion in 2027 at a CAGR of 27.3%.
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Privileged Access Management Solutions Market Drivers
The increasing concern over cyber threats is expected to propel the growth of the privileged access management solutions market going forward. Cyberthreats refer to malicious acts that aim to destroy data, steal data, and work systems to disrupt the digital wellbeing and stability of IT infrastructure in an enterprise. Privileged access management solutions help organizations maintain the necessary levels of access to do their jobs and enable security teams to identify malicious activities linked to privilege abuse and take swift action to remediate risk, which reduces the cyber threat in an organization.
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Privileged Access Management Solutions Market Segments
• By Offerings: Solution, Service, Other Offerings
• By Enterprise Size: Small And Medium Enterprises, Large Enterprises
• By Deployment: Cloud, On-Premise
• By Application: Windows, Unix And Linux, Mac OS, Infrastructure Devices And IoT
• By End-User: Healthcare, BFSI, Government, Energy And Utilities, Manufacturing, Retail, IT And Telecom, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the privileged access management solutions market.
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Privileged Access Management Solutions Market Key Players
Major competitors in the privileged access management solutions market include ARCON, BeyondTrust, One Identity LLC, CA Technologies, Centrify Corporation, CyberArk Software Ltd., Hitachi ID Systems Inc., Iraje PAM solution
The Business Research Company's "Global Privileged Access Management Solutions Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Privileged Access Management Solutions Market Include:
1. Executive Summary
2. Privileged Access Management Solutions Market Characteristics
3. Privileged Access Management Solutions Market Trends And Strategies
4. Privileged Access Management Solutions Market - Macro Economic Scenario
5. Privileged Access Management Solutions Market Size And Growth
……
26. Africa Privileged Access Management Solutions Market
27. Privileged Access Management Solutions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Privileged Access Management Solutions Market
29. Privileged Access Management Solutions Market Future Outlook and Potential Analysis
30. Appendix
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