Password Management - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Password Management market is accounted for $352.03 million in 2015 and is expected to reach $1,242.33 million by 2022 growing at a CAGR of 19.7%. Usage of applications among individual users and major enterprises are some of the factors encouraging the growth in market. There have been increase in number of ways to reset passwords coupled with exponential decrease of the price of help desks and strict mandatory regulations by authorities are some among the many factors driving market. However, malpractices like customization requirements, synchronization and extensions are the factors restraining the market.
Self-Service Password Reset segment is expected to be dominant in the market, on account of heavy usage among Small Business enterprises in order to the proper usage of security measures for threats and mandate compliance. Moreover, Privileged User Password Management segment is expected to be the fastest growing market. North American market is accounted to be the dominant among others, which is favored by increase in cyber threats and measures taken to eradicate such malpractice in this particular region.
Some of the key players of the Password Mangement market include Avatier Corporation., CA Technologies, Courion Corporation, Dell Sonicwall, Fastpass Corp, Google Inc., Hitachi ID Systems, IBM Corp., Knowledge Secure Systems Ltd, Microsoft Corp., NetiQ Corp. and Sailpoint Technologies.
• Energy, Oil & Gas
• Public Sector & Utilities
• Retail & Wholesale Distribution
• Telecom & IT
• Others Verticals
• Mobile Devices
• Voice Enabled Password Reset
• Medium-Sized Businesses
• Small-Sized Businesses
• Self-Service Password Reset
• Privileged User Password Management
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.