ReportsnReports.com adds report Global Privileged Identity Management Market 2014-2018to its store.Global Privileged Identity Management market to grow at a CAGR of 26.6 percent over the period 2014-2018. One of the key factors contributing to this market growth is the growing compliance requirement. The Global Privileged Identity Management market has also been witnessing the availability of cloud-based solutions. However, the increasing complexity of network infrastructure could pose a challenge to the growth of this market.
There has been an increasing adoption of cloud services in the recent past. This has led to an emergence of new forms of threats. As the services for cloud applications are hosted, the security has to be provided by both the providers and users. Thus, traditional security solutions designed for on-premise applications may not work for cloud services and applications. Hence, with the increasing need for cloud-based solutions and the increasing migration to cloud services, privileged identity management vendors are introducing cloud-based privileged identity management solutions. Most pure-play privileged identity management vendors such as Cyber-Ark, Lieberman Software, and BeyondTrust provide cloud application-specific solutions.
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According to the report, one of the major drivers in this market is the growing compliance requirements. Compliance requirements, both internal and external, make companies adhere to certain rules and regulations. In case of any breach, they have to pay hefty penalties. Therefore, the increasing need to comply with these stringent regulatory requirements is a major driver for this market as privileged identity management solutions help enterprises to comply with these requirements.
Further, the report states that one of the major challenges in this market is the increasing complexity of network infrastructure. The increasing complexity of network infrastructure has affected the accuracy of privileged identity management solutions, thereby posing a major challenge to the growth of the Global Privileged Identity Management market.Global Privileged Identity Management Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Privileged Identity Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are BeyondTrust Software Inc., CA Inc., IBM Corp., and Lieberman Software Corp.
Other vendors mentioned in the report are Quest Software Inc., Cyber-Ark Software Inc., Novell Inc., Xceedium Inc., Fischer International Identity LLC, and NetWrix Corp.
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?
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