Radiant insight Published “Global Privileged Identity Management Market 2014-2018”
Description
The worldwide privileged
identity management market is projected to grow at nearly 26.8 percent CAGR
during 2014 to 2018. One of the key drivers of this market is rising need for
compliance. The market has been experiencing access to cloud solutions. Privileged
identity management refers to safe password management solutions. These
solutions control administrator operations in databases, applications, system
equipments, & other critical environments.
Privileged
identity management is broadly
utilized by consumers to monitor, protect, & oversee the operations of
privileged accounts. These solutions maintain the safety of accounts of
privileged users. They also find applications as managerial & data
protection tools. These assist companies in abiding by different regulations
and thwarting safety breaches. Several benefits of these solutions bode well
for the market and help the latter gain shares.
Widespread adoption of
SaaS-privileged identity management solutions is a vital market development.
Technological innovations have pushed sellers into providing SaaS solutions to
boost their incomes. Companies from multiple industries use privileged identity
management services. This is attributed to the advantages of these services
like less spending and access to ‘pay-per-use’ models.
As per the research report,
the privileged identity management market is also propelled by accelerating
usage of mobile devices. Such adoption of tablets and mobile instruments has
raised identification issues. Staff members may access classified data like key
business details or emails using these instruments. To combat the same, companies
require safety solutions & services to prevent workers from tampering with
secret information (via frauds & swindles).
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Thus, they use the said
solutions to protect their systems & offer safe access. Moreover, Radiant
Insights states that less or no proficiency across safety services would hinder
market growth in the near future. With technological proliferation, safety
threats are mounting. It is also harder & complicated to check and detect
hacks, viruses, spyware, & spams. Thus, steps involved in the avoidance
& recognition of safety infringements could challenge the market.
The supervision of privileged
identities is programmed to follow tailored or predetermined regulations &
demands of industries or companies. This is yet another factor, favoring the
privileged identity management market and making extra bucks for it.
Key questions answered in this
report:
What will the market size be
in 2018 and what will the growth rate be?
What are the key market
trends?
What is driving this market?
What are the challenges to
market growth?
Who are the key vendors in
this market space?
What are the market
opportunities and threats faced by the key vendors?
What are the strengths and
weaknesses of the key vendors
Table of Contents
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
3.1 Market Overview
3.2 Product Offerings
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