Global Privileged Access Management Market Size study & Forecast, by Solution Type, by Application, by End Use and Regional Analysis, 2023-2030

Description

List of Tables

Global Privileged Access Management Market is valued approximately at USD 3 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 23.1% over the forecast period 2023-2030. The privileged access management (PAM) market refers to the sector that focuses on providing solutions and technologies for managing and securing privileged access to critical systems and sensitive data within organizations. PAM solutions help to prevent unauthorized access, monitor privileged activities and enforce security policies to protect against potential insider threats and external attacks. Privileged accounts are accounts that have privileged permissions and access privileges, often used by system administrators, IT staff, and other privileged users to manage critical systems, networks, and sensitive data. Increasing threat of data breach and the growing need for IoT device management are some of the factors that are boosting the growth of the Privileged Access Management Market.

According to Statista, around 6.5 billion consumer edge-enabled Internet of Things (IoT) devices are anticipated to exist globally by 2030, an increase of more than four billion from the year 2020. As internet usage continues to increase, so does amount of private data made available online. As a result, there are now more hazards for people, businesses, organizations, and governments. According to Statista, the average cost of a data breach in the healthcare industry increased from USD 9.23 million between May 2020 and March 2021 to over USD 10 million between March 2021 and March 2022. The financial sector came in second with a cost per breach of USD 5.97 million on average. During the measurement period, the average cost of a data breach was USD 4.35 million globally. Moreover, rise in digitization and growing adoption of cloud-computing services is expected to create lucrative opportunities for the market growth in the forecast period of 2023-30. However, the lack of awareness about emerging security threats and the high cost of innovation and implementation of software stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Privileged Access Management Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share because the region has more business and industrial establishment. Due to the region's expanding self-employment and growing number of business startups, the market for privileged access management (PAM) has is expected to growth further. According to the Global Entrepreneurship Monitor, the start-up rate in the United States was 10.7% in 2020. However, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing internet usage, operational digitization, and the rapid growth of digital infrastructure.

Major market player included in this report are:

Centrify Corporation
Hitachi ID Systems, Inc.
Cyberark Software Ltd.
Krontech, Inc.
Silverlake Mastersam
Bomgar Corporation
Lieberman Software
Oracle Corporation
Simeio Solutions
Wallix Group

Recent Developments in the Market:

In January 2023, Simeio, the industry's top supplier of specialised identity and access management (IAM) services acquired PathMaker Group (PMG), a pioneer in identity management services and solutions with headquarters in Texas.
In June 2022, Amazon Web Services (AWS) launched IoT Device Mangement which helps in the scalability, organisation, registration, and remote management of IoT devices.
In July 2021, Microsoft purchased CloudKnox Security to provide centralised control of cloud entitlements and privileged access.

Global Privileged Access Management Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Solution Type, Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution Type:

Software
Services

By Application:

Small and Medium-sized Enterprises
Large Enterprises

By End Use:

IT & Telecom
Healthcare
Energy & Utility
Retail
Manufacturing
Government & Defense
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Privileged Access Management Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Privileged Access Management Market, by Solution Type, 2020-2030 (USD Billion)
- 1.2.3. Privileged Access Management Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Privileged Access Management Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Privileged Access Management Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Privileged Access Management Market Dynamics

3.1. Privileged Access Management Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing threat of data breach
  - 3.1.1.2. Growing need for IoT device management
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of awareness about emerging security threats
  - 3.1.2.2. High cost of innovation and implementation
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in digitization
  - 3.1.3.2. Growing adoption of IT & Telecoms-computing Services

Chapter 4. Global Privileged Access Management Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Privileged Access Management Market, by Solution Type

5.1. Market Snapshot
5.2. Global Privileged Access Management Market by Solution Type, Performance - Potential Analysis
5.3. Global Privileged Access Management Market Estimates & Forecasts by Solution Type 2020-2030 (USD Billion)
5.4. Privileged Access Management Market, Sub Segment Analysis
- 5.4.1. Software
- 5.4.2. Services

Chapter 6. Global Privileged Access Management Market, by Application

6.1. Market Snapshot
6.2. Global Privileged Access Management Market by Application, Performance - Potential Analysis
6.3. Global Privileged Access Management Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Privileged Access Management Market, Sub Segment Analysis
- 6.4.1. Small and Medium-sized Enterprises
- 6.4.2. Large Enterprises

Chapter 7. Global Privileged Access Management Market, by End Use

7.1. Market Snapshot
7.2. Global Privileged Access Management Market by End Use, Performance - Potential Analysis
7.3. Global Privileged Access Management Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Privileged Access Management Market, Sub Segment Analysis
- 7.4.1. IT & Telecom
- 7.4.2. Healthcare
- 7.4.3. Energy & Utility
- 7.4.4. Retail
- 7.4.5. Manufacturing
- 7.4.6. Government & Defense
- 7.4.7. Others

Chapter 8. Global Privileged Access Management Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Privileged Access Management Market, Regional Market Snapshot
8.4. North America Privileged Access Management Market
- 8.4.1. U.S. Privileged Access Management Market
  - 8.4.1.1. Solution Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Privileged Access Management Market
8.5. Europe Privileged Access Management Market Snapshot
- 8.5.1. U.K. Privileged Access Management Market
- 8.5.2. Germany Privileged Access Management Market
- 8.5.3. France Privileged Access Management Market
- 8.5.4. Spain Privileged Access Management Market
- 8.5.5. Italy Privileged Access Management Market
- 8.5.6. Rest of Europe Privileged Access Management Market
8.6. Asia-Pacific Privileged Access Management Market Snapshot
- 8.6.1. China Privileged Access Management Market
- 8.6.2. India Privileged Access Management Market
- 8.6.3. Japan Privileged Access Management Market
- 8.6.4. Australia Privileged Access Management Market
- 8.6.5. South Korea Privileged Access Management Market
- 8.6.6. Rest of Asia Pacific Privileged Access Management Market
8.7. Latin America Privileged Access Management Market Snapshot
- 8.7.1. Brazil Privileged Access Management Market
- 8.7.2. Mexico Privileged Access Management Market
8.8. Middle East & Africa Privileged Access Management Market
- 8.8.1. Saudi Arabia Privileged Access Management Market
- 8.8.2. South Africa Privileged Access Management Market
- 8.8.3. Rest of Middle East & Africa Privileged Access Management Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Centrify Corporation
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Hitachi ID Systems, Inc.
- 9.3.3. Cyberark Software Ltd.
- 9.3.4. Krontech, Inc.
- 9.3.5. Silverlake Mastersam
- 9.3.6. Bomgar Corporation
- 9.3.7. Lieberman Software
- 9.3.8. Oracle Corporation
- 9.3.9. Simeio Privileged Access Management Software
- 9.3.10. Wallix Group

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Privileged Access Management Market, report scope
TABLE 2. Global Privileged Access Management Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Privileged Access Management Market estimates & forecasts by Software Type 2020-2030 (USD Billion)
TABLE 4. Global Privileged Access Management Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Privileged Access Management Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Privileged Access Management Market estimates & forecasts by Industry Vertical 2020-2030 (USD Billion)
TABLE 7. Global Privileged Access Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Privileged Access Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Privileged Access Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Privileged Access Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Privileged Access Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Privileged Access Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Privileged Access Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Privileged Access Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Privileged Access Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Privileged Access Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Privileged Access Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Privileged Access Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Privileged Access Management Market
TABLE 72. List of primary sources, used in the study of global Privileged Access Management Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Privileged Access Management Market, research methodology
FIG 2. Global Privileged Access Management Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Privileged Access Management Market, key trends 2022
FIG 5. Global Privileged Access Management Market, growth prospects 2023-2030
FIG 6. Global Privileged Access Management Market, porters 5 force model
FIG 7. Global Privileged Access Management Market, pest analysis
FIG 8. Global Privileged Access Management Market, value chain analysis
FIG 9. Global Privileged Access Management Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Privileged Access Management Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Privileged Access Management Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Privileged Access Management Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Privileged Access Management Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Privileged Access Management Market, regional snapshot 2020 & 2030
FIG 15. North America Privileged Access Management Market 2020 & 2030 (USD Billion)
FIG 16. Europe Privileged Access Management Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Privileged Access Management Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Privileged Access Management Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Privileged Access Management Market 2020 & 2030 (USD Billion)