Global Privileged Identity Management Market 2015-2019: Key Vendors are BeyondTrust Software, CA Technologies, CyberArk Software, IBM and Lieberman Software

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Feb 02, 2015, 07:28 ET

DUBLIN, Jan. 29, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/cjpz82/global_privileged) has announced the addition of the "Global Privileged Identity Management Market 2015-2019" report to their offering.

Privileged identity management is a secure password management solution that manages administrator activity in critical environments such as applications and databases and network equipment such as routers, switches, and security appliances. Privileged identity management solutions are widely used by end-users to secure, audit, manage, and monitor all activities associated with privileged accounts.

This solution secures the privileged users' accounts that exist on a network appliance, server, and operating system of an IT infrastructure. It is mainly used as a tool for governance and information security and helps companies in meeting various regulations and prevents security breaches through the use of privileged accounts.

The analysts forecast the Global Privileged Identity Management market to grow at a CAGR of 26.82 percent over the period 2014-2019.

The popularity of SaaS-based privileged identity management solutions is one key trend in the market. Advances in technology have forced vendors to offer SaaS-based privileged identity management solutions to increase their market share. Companies from different sectors are increasingly adopting privileged identity management solutions because of benefits such as low investment costs and the availability of pay-per-use models.

According to the report, one of the major drivers in the market is the increased use of mobile devices. Increased usage of mobile devices and tablets has given rise to many identification issues. Employees can access confidential information such as corporate emails and critical business information using these devices.

To overcome this, companies need a security solution to restrict employees from misusing confidential data through fraudulent activities. Hence, companies are adopting privileged identity management solutions to secure their network and provide safe access.

Further, the report states that lack of efficiency in security solutions is one of the major challenges in the market. With advances in technology, security threats are evolving. Viruses, hacking, spyware, and even spam are becoming complex and difficult to detect and control. Identifying and preventing security threats and breaches from infecting a network continues to be a major challenge in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Description

07. Market Landscape

08. Market Segmentation by Product

09. Market Segmentation by End-users

10. Geographical Segmentation

11. Market Attractiveness

12. Buying Criteria

13. Market Growth Drivers

14. Drivers and their Impact

15. Market Challenges

16. Impact of Drivers and Challenges

17. Market Trends

18. Trends and their Impact

19. Vendor Landscape

20. Key Vendor Analysis

21. Assumptions

22. Other Reports in this Series

Companies Mentioned: