Asia Pacific Privileged Access Management Solutions Market Forecast to 2031 - Regional Analysis - by Offering, Deployment, Enterprise Size, and End-Use Industry

Description

List of Tables

The Asia Pacific privileged access management (PAM) solutions market was valued at US$ 405.75 million in 2023 and is expected to reach US$ 1,202.67 million by 2031; it is estimated to register a CAGR of 14.5% from 2023 to 2031.

Emergence of Intelligence-Based Privileged Access Management Solutions Boosts Asia Pacific Privileged Access Management (PAM) Solutions Market

The PAM solutions are evolving to incorporate intelligent features such as artificial intelligence (AI) and machine learning (ML) to enhance security and access control. Also, behavioral analytics enable these solutions to analyze user behavior patterns, establish a baseline of normal behavior, and identify deviations such as unusual access requests or suspicious activity. This allows for the triggering of alerts or preventive actions. Intelligence-based PAM enables risk-based access control, where access decisions are based on risk assessments. Factors such as user roles, privileges, and contextual information are evaluated to determine the level of risk associated with a specific access request. This allows organizations to implement dynamic access controls that adapt to changing risk profiles. Intelligence-based PAM solutions can automate responses to security incidents or policy violations. For instance, if an unauthorized user attempts to access a privileged account, the solution can automatically block the access attempt and notify the security team.

Intelligence-based PAM solutions continuously monitor privileged access activities in real-time. This proactive monitoring helps organizations detect suspicious or unauthorized behavior and respond to potential security threats before they escalate. Intelligence-based PAM also enables adaptive access policies that dynamically adjust based on contextual information. For instance, if a user's behavior indicates a higher risk, the solution can enforce stricter access controls or require additional authentication measures.

Intelligence-based PAM solutions enhance the user experience by providing seamless access to authorized users while maintaining strong security measures. By analyzing user behavior and context, these solutions minimize unnecessary authentication prompts for legitimate users, reducing friction and improving productivity. The emergence of intelligence-based PAM aligns with the broader trend of incorporating AI and ML technologies into various domains to enhance security and efficiency. By leveraging these intelligent features, organizations can strengthen their privileged access management practices and mitigate the risks associated with insider threats and unauthorized access. Thus, the emergence of intelligence-based PAM solutions is anticipated to provide significant growth opportunities to the privileged access management (PAM) solutions market.

Asia Pacific Privileged Access Management (PAM) Solutions Market Overview

The privileged access management solutions market in Asia Pacific is projected to record the highest CAGR during the forecast period owing to the presence of large and emerging economies, such as China, Japan, and India. In addition, the growing number of online frauds has accelerated the adoption of privileged access management solutions among organizations in the region. For instance, in December 2022, according to Experian's Global Identity & Fraud Report, a recent survey of six APAC markets found that India and China register the highest online fraud rates, with 29% of consumers in each country reporting being victims; this figure is substantially higher than the global average of 23%. Thus, such an increase in online fraud boosts the adoption of privileged access management solutions in the region.

Asia Pacific Privileged Access Management (PAM) Solutions Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Privileged Access Management (PAM) Solutions Market Segmentation

The Asia Pacific privileged access management (PAM) solutions market is categorized into offering, deployment, enterprise size, end-use industry, and country.

By offering, the Asia Pacific privileged access management (PAM) solutions market is segmented into solutions and services. The solutions segment held a larger share of the Asia Pacific privileged access management (PAM) solutions market share in 2023.

In terms of deployment, the Asia Pacific privileged access management (PAM) solutions market is segmented into on-premise and cloud. The on-premise segment held a larger share of the Asia Pacific privileged access management (PAM) solutions market share in 2023.

Based on enterprise size, the Asia Pacific privileged access management (PAM) solutions market is segmented into large enterprises and SMEs. The large enterprises segment held a larger share of the Asia Pacific privileged access management (PAM) solutions market share in 2023.

By end- use industry, the Asia Pacific privileged access management (PAM) solutions market is BFSI, IT & telecom, healthcare, energy & utility, retail & e-commerce, manufacturing, government & defense, and others. The BFSI segment held the largest share of the Asia Pacific privileged access management (PAM) solutions market share in 2023.

Based on country, the Asia Pacific privileged access management (PAM) solutions market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China segment held the largest share of Asia Pacific privileged access management (PAM) solutions market in 2023.

BeyondTrust Corporation, Broadcom Inc, Delinea Inc, Fortinet Inc, International Business Machines Corp, Microsoft Corp, Okta Inc, and Persistent Systems Ltd are some of the leading companies operating in the Asia Pacific privileged access management (PAM) solutions market.

Product Code: BMIRE00031399

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Privileged Access Management (PAM) Solutions Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Software Providers
- 4.2.2 Regulatory Compliance and Certification Bodies
- 4.2.3 Service Providers and System Integrators
- 4.2.4 End Users
- 4.2.5 List of Vendors in Value Chain

5. Asia Pacific Privileged Access Management (PAM) Solutions Market - Key Market Dynamics

5.1 Asia Pacific Privileged Access Management (PAM) Solutions Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increase in Number of Cyberattacks
- 5.2.2 Rise in Demand for Protection Against Insider Threats
- 5.2.3 Stringent Government Regulations
5.3 Market Restraints
- 5.3.1 High Cost of Implementation
5.4 Market Opportunities
- 5.4.1 Emergence of Intelligence-Based Privileged Access Management Solutions
5.5 Trends
- 5.5.1 Rise of Cloud-Based Privileged Access Management Solutions
- 5.5.2 Zero Trust Security Model
5.6 Impact of Drivers and Restraints:

6. Privileged Access Management (PAM) Solutions Market - Asia Pacific Analysis

6.1 Asia Pacific Privileged Access Management (PAM) Solutions Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Privileged Access Management (PAM) Solutions Market Forecast Analysis

7. Asia Pacific Privileged Access Management (PAM) Solutions Market Analysis - by Offering

7.1 Solutions
- 7.1.1 Overview
- 7.1.2 Solutions: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

8. Asia Pacific Privileged Access Management (PAM) Solutions Market Analysis - by Deployment

8.1 On Premise
- 8.1.1 Overview
- 8.1.2 On Premise: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Cloud
- 8.2.1 Overview
- 8.2.2 Cloud: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

9. Asia Pacific Privileged Access Management (PAM) Solutions Market Analysis - by Enterprise Size

9.1 Large Enterprises
- 9.1.1 Overview
- 9.1.2 Large Enterprises: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
9.2 SMEs
- 9.2.1 Overview
- 9.2.2 SMEs: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

10. Asia Pacific Privileged Access Management (PAM) Solutions Market Analysis - by Industry Vertical

10.1 BFSI
- 10.1.1 Overview
- 10.1.2 BFSI: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.2 IT and Telecom
- 10.2.1 Overview
- 10.2.2 IT and Telecom: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Healthcare
- 10.3.1 Overview
- 10.3.2 Healthcare: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Energy and Utility
- 10.4.1 Overview
- 10.4.2 Energy and Utility: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Retail and Ecommerce
- 10.5.1 Overview
- 10.5.2 Retail and Ecommerce: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Manufacturing
- 10.6.1 Overview
- 10.6.2 Manufacturing: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.7 Government and Defense
- 10.7.1 Overview
- 10.7.2 Government and Defense: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.8 Others
- 10.8.1 Overview
- 10.8.2 Others: Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

11. Asia Pacific Privileged Access Management (PAM) Solutions Market - Country Analysis

11.1 Asia Pacific
- 11.1.1 Asia Pacific Privileged Access Management (PAM) Solutions Market Overview
- 11.1.2 Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.1 Asia Pacific Privileged Access Management (PAM) Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.2 Australia: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.2.1 Australia: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.2.2 Australia: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.2.3 Australia: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.2.4 Australia: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.3 China: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.3.1 China: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.3.2 China: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.3.3 China: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.3.4 China: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.4 India: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.4.1 India: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.4.2 India: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.4.3 India: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.4.4 India: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.5 Japan: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.5.1 Japan: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.5.2 Japan: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.5.3 Japan: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.5.4 Japan: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.6 South Korea: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.6.1 South Korea: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.6.2 South Korea: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.6.3 South Korea: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.6.4 South Korea: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.7 Rest of APAC: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.7.1 Rest of APAC: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.7.2 Rest of APAC: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.7.3 Rest of APAC: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.7.4 Rest of APAC: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions

14. Company Profiles

14.1 Broadcom Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 International Business Machines Corp
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Okta Inc
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Delinea Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 BeyondTrust Corporation
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Microsoft Corp
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Fortinet Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Persistent Systems Ltd
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners