Privileged Identity Management Market worth $ 3,792.5 Million by 2021 Privileged Identity Management Market | Page 2
Cloud-based deployment is expected to be the fastest-growing deployment model
Cloud deployment is expected to be the fastest-growing deployment mode in the Privileged Identity Management Market, as it benefits organizations with
increased scalability, speed, 24/7 services, and enhanced management capabilities. Cloud-based privileged identity management solutions are available
according to customer's demand, wherein customers can start or stop any service, at will.
North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the highest CAGR
North America is expected to hold the largest market share and dominate the Privileged Identity Management Market from 2016 to 2021. The increased
insider attack, along with meeting the strict compliance regulations is driving the organizations in North America to adopt privileged identity management
solutions. Various companies, such as IBM, CA Technologies, CyberArk, Centrify, and BeyondTrust are operating in the market space. APAC offers potential
growth opportunities for the Privileged Identity Management Market to grow, as countries in this region are investing heavily in deploying the session
monitoring and management solution.
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The major vendors in the Privileged Identity Management Market include ARCON (India), Balabit (Hungary), BeyondTrust (U.S.), Bomgar Corporation (U.S.),
CA, Inc. (U.S.), Centrify (U.S.), Core Security (U.S.), Cyberark (U.S.), Hitachi-ID (Canada), IBM Corporation (U.S.), Iraje (U.S.), Lieberman Software (U.S.),
MANAGEENGINE (U.S.), MICROFOCUS (U.K.), NRI SecureTechnologies (U.S.), ObserveIT (U.S.), Onion ID (U.S.), Oracle Corporation (U.S.), Osirium (U.K.), Quest
Software (U.S.), Silverlake Mastersam (Singapore), Simeio Solutions (U.S.), Thycotic (U.S.), Wallix (France), and Wheel Systems (U.S.).
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