Press release
User Provisioning Market Growing at 13.6% CAGR to Hit USD 15 billion by 2031
The global ๐๐ฌ๐๐ซ ๐๐ซ๐จ๐ฏ๐ข๐ฌ๐ข๐จ๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at $4.3 billion in 2021, and is projected to reach $15 billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031. The major driving factor of the market is the increased adoption of cloud-based software. Moreover, rise in demand for improvement in workforce utilization is anticipated to fuel the market growth. Therefore, the user provisioning market is expected to grow rapidly in the forecast period. User provisioning is basically a process of creating and managing access to IT system resources. User provisioning aids organizations to manage information of users on an application effectively, securely and reliably. The user provisioning software offers a point of preservation to control user access to various IT applications. This software enables HR staff to use the database and collect information of employees and track access requests.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 320 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A21100
Depending on region, North America dominated the User Provisioning Market Analysis in 2021, owing to rise in concerns related to the security of IT infrastructure and complex data have encouraged enterprises in the North American region to adopt reliable user provisioning and authentication solutions. However, Asia Pacific is expected to exhibit highest growth during the forecast period, owing to rapid technological advancements, digitization of economies, and government initiatives increased expandable income among the region's middle-income population.
On the basis of components, the solution segment dominated the user provisioning market share in 2021 and is expected to maintain its dominance in the upcoming years, as it aids in ensuring organization cost savings, management control, operational efficiency, and the growth of the business. However, the services segment is expected to witness highest growth, because it minimizes the deployment cost & risks, and others, which further fuels the growth of the market.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/user-provisioning-market/purchase-options
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐๐ฅ๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐., ๐๐ง๐๐๐จ๐ ๐ข๐ง, ๐๐ง๐., ๐๐ฒ๐๐๐ซ๐๐ซ๐ค, ๐๐ข๐ญ๐๐๐ก๐ข ๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐ง๐., ๐๐ฆ๐ฉ๐จ๐ฐ๐๐ซ๐๐, ๐๐ง๐., ๐๐ฆ๐ฉ๐จ๐ฐ๐๐ซ๐๐, ๐๐๐ฉ๐ฉ๐ข๐๐ฌ๐ญ ๐๐ข๐ง๐๐ฌ ๐๐๐๐ก๐ง๐จ๐ฅ๐ ๐จ๐ข๐๐ฌ, ๐๐จ๐ฅ๐๐ซ๐๐ข๐ง๐๐ฌ ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ ๐๐๐, ๐๐ซ๐๐๐ฅ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐๐ง๐ญ๐ซ๐ข๐๐ฒ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ข๐ง๐๐ญ๐ข๐ฑ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐, ๐๐๐ ๐๐, ๐๐ฎ๐ฆ๐ฉ๐๐ฅ๐จ๐ฎ๐, ๐๐๐๐, ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ, ๐๐๐
COVID -19 outbreak has significantly impacted the user provisioning market. It led to multiple restrictions and indefinite shutdown of production across the globe. Many industries and businesses were stopped which effected the global economy and led to economical downfall of many countries. However, during this pandemic, the incidents of identity theft were still on the rise. Emerging advancements in the market are providing remunerative opportunities for growth. Moreover, many enterprises are investing highly in the user provisioning market.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A21100
The major driving factor of the market is the increased adoption of cloud-based software. Moreover, rise in demand for improvement in workforce utilization is anticipated to fuel the market growth.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By component, the solution segment dominated the user provisioning market in 2021. However, the services segment is expected to exhibit significant growth during the forecast period.
On the basis of deployment, the On-premises segment dominated the sports management software market in 2021.However, the Cloud segment is expected to witness the highest growth rate during the forecast period.
On the basis of business function, the IT the highest revenue in 2021. However, the Marketing and Sales is expected to witness the highest growth rate during the forecast period.
Depending on industry vertical, the BFSI the highest revenue in 2021. However, the Education industry is expected to witness the highest growth rate in the near future.
Region-wise, the user provisioning market was dominated by North America in 2021. However, Asia-Pacific is expected to witness significant growth in the coming years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A21100
Furthermore, increase in adoption of cloud-based IAM and rise in incidents of identity thefts is boosting the growth of the global user provisioning market. However, high cost and lack of security expertise and shadow IT risk is hampering the user provisioning market growth. On the contrary, trending technology is expected to offer remunerative opportunities for expansion during the user provisioning market forecast.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Process Mining Software Market - https://www.alliedmarketresearch.com/process-mining-software-market-A31340
Online Voting System Market - https://www.alliedmarketresearch.com/online-voting-system-market-A08885
Big Data Analytics in Energy Market - https://www.alliedmarketresearch.com/big-data-analytics-in-energy-market-A16980
IoT for Public Safety Market - https://www.alliedmarketresearch.com/iot-for-public-safety-market-A08798
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