Password Management Market
Password Management Market Forecasts to 2028 – Global Analysis By Type (Self-Service, Privileged User), Access (Voice enabled password systems, Mobile devices and tablets), Enterprises (Small Enterprises, Medium Enterprises) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $1,703.09 MN |
|
Projected Year Value (2028) |
US $4,339.66 MN |
|
CAGR (2022 - 2028) |
16.9% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Password Management Market is accounted for $1,703.09 million in 2022 and is expected to reach $4,339.66 million by 2028 growing at a CAGR of 16.9% during the forecast period. Password management is a set of principles and best practices to be followed by users while storing and managing passwords in an efficient manner to secure passwords as much as they can to prevent unauthorized access.
According to Verizon’s Mobile Security Index in 2019, about 86% of the enterprise executives expressed that threats in mobile devices are increasing rapidly and 67% of the enterprise executives are not confident about the security of their mobile devices, compared to other IT assets. According to China’s National Computer Network Emergency Response Technical Team (CNCERT), in 2018, 14,000 servers in the United States infected by a Trojan virus or botnet controlled 3.34 million host computers in China, thereby representing a nearly 90.8% increase in attacks on a year-over-year basis.
Market Dynamics:
Driver:
Rise in the number of internet and mobile users
The growth in the number of mobile and computer users is augmenting the demand for the market growth. As the number of Internet and mobile users grows, so does the need for end-users to create different profiles. In addition, businesses are increasingly implementing security measures such as user accounts to increase accountability. As a result of these developments, the demand for password management software has increased. With the increasing internet services penetration, improving communication infrastructure, and data speed improvements, the growing number of internet and mobile users is influencing various businesses, across the world, to adopt the internet to offer their services and products. Along with this, enterprises are increasingly adopting security measures to increase accountability by adopting user accounts. Such developments are, in turn, augmenting the demand for market growth.
Restraint:
Single point of failure
Password manager programs are a target for hackers. For instance, if someone gets hold of a master password, they have all passwords it’s not easy to log in using multiple devices. If the main password is used/typed/saved on a computer with malware, the main password can compromise all other passwords controlled by the PM. This is one of the factors that restrain market growth.
Opportunity:
Government Policies
The government mandates to create and manage passwords also boost the market forward. Password management is a robust approach to ensuring enterprise security by making it easier to store and secure complex account credentials. Because of the rising amount of cyber-attacks around the world, there is a significant demand for secure working methods to protect databases and other necessary and confidential digital documents. This is due to an increase in the number of cybersecurity incidents and to validate the security of the country and its citizens. NIST, the United States standards organization, released a new set of Digital Authentication Guidelines. These initiatives by the government create opportunities for the market growth.
Threat:
Risk in security and privacy
The password management tool reads and stores all the passwords on the device. As the system stores all the passwords in a single memory, the attack on these systems is a significant concern. This malware attack can read all the passwords, and dysfunction of this memory occurs. One of the reasons threatening the market growth.
Covid-19 Impact
Since, the COVID-19 outbreak, the number of cyberattacks has been drastically increasing, adversely affecting individuals, businesses, and organizations. Thus, some of the affected organizations are now investing financial resources into fixing the current inefficient data and password management systems. It is expected that the threat of cyber attacks would last longer than the COVID-19 pandemic itself and will drive the market in studied peroid.
The Information Technology and Telecom segment is expected to be the largest during the forecast period
The Information Technology and Telecom segment is expected to be the largest during the forecast period, by obtaining a substantial revenue share of the market. The increasing growth of this segment is attributed to the increasing utilization of password management tools across the telecommunication sector with the purpose to secure their servers and portals. Additionally, IT sector companies are broadly utilizing password management tools intending to prevent their databases from unauthorized access and harmful malware.
The Privileged User segment is expected to have the highest CAGR during the forecast period
The Privileged User segment is expected to have the highest CAGR during the forecast period. The growth of this segment is accredited to the fact that the Privileged solutions enable the user to experience enhanced security by storing privileged user passwords and employing several methods such as frequent passcode randomization, automated password resets, and privileged session recording. In addition, Privileged passwords are a type of password that grants higher access and permissions to accounts, applications, and systems.
Region with highest share:
North America is projected to hold the highest market share during the forecast period, owing to the rising number of cyber-threats and attacks, the government has been forced to take steps to implement password management solutions. The U.S. is anticipated to remain the largest market for enterprise password management in North America, owing to increasing application across numerous end-use verticals. Moreover, the strong presence of solution providers such as Quest Software, NetIQ, FastPass, and IBM Corporation, among others, is positively impacting market growth in this province.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the increasing adoption of IoT applications, BYOD trends, and cloud-based deployments among enterprises in the country are triggering an increase in advanced level threats. China's defensive capabilities have been enhanced in response to rising cyber-attacks. Increased cyber-attacks on Japanese companies, particularly identity theft, have prompted the government to implement new legislation, strategies, and facilities. Increasing cyber-attacks have resulted in a rise in research & development investments by governments from different countries. Also, the digital transformation trend in enterprises across India has presented lucrative opportunities for major password management solutions providers. Additionally, a growing technology user base and developing IT infrastructure are responsible factors for market growth.
Key players in the market
Some of the key players profiled in the Password Management Market include LogMeIn Inc, 1Password (AgileBits Inc.), Dashlane Inc, Keeper Security Inc, Avatier Corporation, Avatier Corporation, CA Technologies, Dell SonicWALL LLC, Fast Pass Corp A/S, Hitachi ID Systems, Inc., IBM Corporation, Microsoft Corporation, NetIQ Corporation, Quest Software, Inc., SailPoint Technologies Holdings, Inc.
Key Developments:
In April 2020: FastpassCorp announced a new product with the name - FastPass Identity Verification Client or IVC. IVC is an extension and replacement of the previously mentioned FPR. IVC solves a significant security issue for companies and organizations working with a help desk. With IVC, the company delivers an intelligent workflow that determines how each employee's identity can be verified before a new password is issued. With the data available to IVC, the level of security will be significantly improved..
In March 2020: Keeper Partnered with LogRhythm to Offer Integrated Password Security & Enterprise Security Monitoring. The partnership enables businesses to seamlessly integrate Keeper’s extensive password-related event data into LogRhythm’s NextGen Security Information and Event Management (SIEM) platform for threat monitoring.
In Dec-2021: Dell Technologies partnered with Amazon Web Services, a subsidiary of Amazon providing on-demand cloud computing platforms. This partnership aimed to unveil Dell EMC PowerProtect Cyber Recovery for AWS. By collaborating with AWS, Dll would provide customers with a cyber-recovery solution that segregates business-crucial data away from an attack with an air-gapped cyber vault, enabling companies to decrease risk and protect data with confidence after a successful cyberattack.
Types Covered:
• Self-Service
• Privileged User
Accesses Covered:
• Voice enabled password systems
• Mobile devices and tablets
• Desktop and laptops
Enterprises Covered:
• Small Enterprises
• Medium Enterprises
• Large Enterprises
Deployments Covered:
• On-Premise
• Cloud Based
End Users Covered:
• Healthcare
• Energy and Utilities
• Retail
• Banking, Financial Services and Insurance (BFSI)
• Government and Defence
• Information Technology and Telecom
• Healthcare
• Education
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Password Management Market, By Type
5.1 Introduction
5.2 Self-Service
5.3 Privileged User
6 Global Password Management Market, By Access
6.1 Introduction
6.2 Voice enabled password systems
6.3 Mobile devices and tablets
6.4 Desktop and laptops
7 Global Password Management Market, By Enterprises
7.1 Introduction
7.2 Small Enterprises
7.3 Medium Enterprises
7.4 Large Enterprises
8 Global Password Management Market, By Deployment
8.1 Introduction
8.2 On-Premise
8.3 Cloud Based
9 Global Password Management Market, By End User
9.1 Introduction
9.2 Healthcare
9.3 Energy and Utilities
9.4 Retail
9.5 Banking, Financial Services and Insurance (BFSI)
9.6 Government and Defence
9.7 Information Technology and Telecom
9.8 Healthcare
9.9 Education
10 Global Password Management Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 LogMeIn Inc
12.2 1Password (AgileBits Inc.)
12.3 Dashlane Inc.
12.4 Keeper Security Inc.
12.5 Avatier Corporation
12.6 Avatier Corporation
12.7 CA Technologies
12.8 Dell SonicWALL LLC
12.9 Fast Pass Corp A/S
12.10 Hitachi ID Systems, Inc.
12.11 IBM Corporation
12.12 Microsoft Corporation
12.13 NetIQ Corporation
12.14 Quest Software, Inc.
12.15 SailPoint Technologies Holdings, Inc.
List of Tables
1 Global Password Management Market Outlook, By Region (2020-2028) (US $MN)
2 Global Password Management Market Outlook, By Type (2020-2028) (US $MN)
3 Global Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
4 Global Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
5 Global Password Management Market Outlook, By Access (2020-2028) (US $MN)
6 Global Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
7 Global Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
8 Global Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
9 Global Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
10 Global Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
11 Global Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
12 Global Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
13 Global Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
14 Global Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
15 Global Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
16 Global Password Management Market Outlook, By End User (2020-2028) (US $MN)
17 Global Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
18 Global Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
19 Global Password Management Market Outlook, By Retail (2020-2028) (US $MN)
20 Global Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
21 Global Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
22 Global Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
23 Global Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
24 Global Password Management Market Outlook, By Education (2020-2028) (US $MN)
25 North America Password Management Market Outlook, By Country (2020-2028) (US $MN)
26 North America Password Management Market Outlook, By Type (2020-2028) (US $MN)
27 North America Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
28 North America Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
29 North America Password Management Market Outlook, By Access (2020-2028) (US $MN)
30 North America Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
31 North America Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
32 North America Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
33 North America Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
34 North America Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
35 North America Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
36 North America Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
37 North America Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
38 North America Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
39 North America Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
40 North America Password Management Market Outlook, By End User (2020-2028) (US $MN)
41 North America Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
42 North America Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
43 North America Password Management Market Outlook, By Retail (2020-2028) (US $MN)
44 North America Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
45 North America Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
46 North America Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
47 North America Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
48 North America Password Management Market Outlook, By Education (2020-2028) (US $MN)
49 Europe Password Management Market Outlook, By Country (2020-2028) (US $MN)
50 Europe Password Management Market Outlook, By Type (2020-2028) (US $MN)
51 Europe Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
52 Europe Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
53 Europe Password Management Market Outlook, By Access (2020-2028) (US $MN)
54 Europe Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
55 Europe Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
56 Europe Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
57 Europe Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
58 Europe Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
59 Europe Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
60 Europe Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
61 Europe Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
62 Europe Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
63 Europe Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
64 Europe Password Management Market Outlook, By End User (2020-2028) (US $MN)
65 Europe Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
66 Europe Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
67 Europe Password Management Market Outlook, By Retail (2020-2028) (US $MN)
68 Europe Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
69 Europe Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
70 Europe Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
71 Europe Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
72 Europe Password Management Market Outlook, By Education (2020-2028) (US $MN)
73 Asia Pacific Password Management Market Outlook, By Country (2020-2028) (US $MN)
74 Asia Pacific Password Management Market Outlook, By Type (2020-2028) (US $MN)
75 Asia Pacific Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
76 Asia Pacific Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
77 Asia Pacific Password Management Market Outlook, By Access (2020-2028) (US $MN)
78 Asia Pacific Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
79 Asia Pacific Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
80 Asia Pacific Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
81 Asia Pacific Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
82 Asia Pacific Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
83 Asia Pacific Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
84 Asia Pacific Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
85 Asia Pacific Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
86 Asia Pacific Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
87 Asia Pacific Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
88 Asia Pacific Password Management Market Outlook, By End User (2020-2028) (US $MN)
89 Asia Pacific Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
90 Asia Pacific Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
91 Asia Pacific Password Management Market Outlook, By Retail (2020-2028) (US $MN)
92 Asia Pacific Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
93 Asia Pacific Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
94 Asia Pacific Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
95 Asia Pacific Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
96 Asia Pacific Password Management Market Outlook, By Education (2020-2028) (US $MN)
97 South America Password Management Market Outlook, By Country (2020-2028) (US $MN)
98 South America Password Management Market Outlook, By Type (2020-2028) (US $MN)
99 South America Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
100 South America Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
101 South America Password Management Market Outlook, By Access (2020-2028) (US $MN)
102 South America Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
103 South America Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
104 South America Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
105 South America Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
106 South America Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
107 South America Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
108 South America Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
109 South America Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
110 South America Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
111 South America Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
112 South America Password Management Market Outlook, By End User (2020-2028) (US $MN)
113 South America Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
114 South America Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
115 South America Password Management Market Outlook, By Retail (2020-2028) (US $MN)
116 South America Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
117 South America Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
118 South America Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
119 South America Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
120 South America Password Management Market Outlook, By Education (2020-2028) (US $MN)
121 Middle East & Africa Password Management Market Outlook, By Country (2020-2028) (US $MN)
122 Middle East & Africa Password Management Market Outlook, By Type (2020-2028) (US $MN)
123 Middle East & Africa Password Management Market Outlook, By Self-Service (2020-2028) (US $MN)
124 Middle East & Africa Password Management Market Outlook, By Privileged User (2020-2028) (US $MN)
125 Middle East & Africa Password Management Market Outlook, By Access (2020-2028) (US $MN)
126 Middle East & Africa Password Management Market Outlook, By Voice enabled password systems (2020-2028) (US $MN)
127 Middle East & Africa Password Management Market Outlook, By Mobile devices and tablets (2020-2028) (US $MN)
128 Middle East & Africa Password Management Market Outlook, By Desktop and laptops (2020-2028) (US $MN)
129 Middle East & Africa Password Management Market Outlook, By Enterprises (2020-2028) (US $MN)
130 Middle East & Africa Password Management Market Outlook, By Small Enterprises (2020-2028) (US $MN)
131 Middle East & Africa Password Management Market Outlook, By Medium Enterprises (2020-2028) (US $MN)
132 Middle East & Africa Password Management Market Outlook, By Large Enterprises (2020-2028) (US $MN)
133 Middle East & Africa Password Management Market Outlook, By Deployment (2020-2028) (US $MN)
134 Middle East & Africa Password Management Market Outlook, By On-Premise (2020-2028) (US $MN)
135 Middle East & Africa Password Management Market Outlook, By Cloud Based (2020-2028) (US $MN)
136 Middle East & Africa Password Management Market Outlook, By End User (2020-2028) (US $MN)
137 Middle East & Africa Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
138 Middle East & Africa Password Management Market Outlook, By Energy and Utilities (2020-2028) (US $MN)
139 Middle East & Africa Password Management Market Outlook, By Retail (2020-2028) (US $MN)
140 Middle East & Africa Password Management Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) (US $MN)
141 Middle East & Africa Password Management Market Outlook, By Government and Defence (2020-2028) (US $MN)
142 Middle East & Africa Password Management Market Outlook, By Information Technology and Telecom (2020-2028) (US $MN)
143 Middle East & Africa Password Management Market Outlook, By Healthcare (2020-2028) (US $MN)
144 Middle East & Africa Password Management Market Outlook, By Education (2020-2028) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
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.
