Password Management Market Snapshot:
StraitsResearch has Published a brand-new market research study report on the Password Management Market. This industry report incorporates inclusive market analysis about the likelihoods that have emerged as a result of this COVID-19 pandemic. What’s more, it gives key insights into the creative tactics which are used by leading business vendors amidst the pandemic duration.
The growing adoption of cloud-based services and increasing phishing attacks are expected to positively influence market growth during the forecast period. In April 2016, about 93 million voter registration records were stolen from National Electoral Institute of Mexico. The main reason for this breach was a poorly managed database server illegally hosted on the Amazon cloud server.
The report provides bits of knowledge with respect to the developments and developments in innovations that affect the extension of Password Management market. Further, it expects the opportunity of troubles and limitations the business is likely going to look all through the going with not many years.
The global password management market was valued at USD 400 million in 2017 and is expected to grow at a CAGR of 16% during the forecast period, 2019–2026.
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In October 2018, Ivanti, a company involved in the development of cybersecurity and IT management solutions, launched a new solution named Ivanti Password Director, which allows quick and secure password resetting. The new service would allow users to unlock their accounts from any desktop window and mobile app without the permission of the enterprise service desk.
Customers and Companies around the globe have changed significantly since the beginning of the COVID-19 pandemic at the beginning of 2020, among which the raised adoption of technologically advanced products. Owing to Covid-19 mainstream of the market was closed, and to reach major customer groups, firms have moved to the digital model to sustain in the competitive business landscape.
This research report categorizes the Password Management market on the basis of Type, Enterprise, End-User and Region. The report contains detailed information regarding the major key factors and restraints promoting the growth of the Password Management market, such as key drivers, restraints, challenges, scope, and opportunities. A detailed study of the key industry vendors has been done to offer insights into business overviews, products & services, key strategies, expansions, new product growths, acquisition, and recent developments related to the market.
Report Segmentation Details:
By Type: Self-Service Password Management, Privileged User Password Management.
By Enterprise: Small and Medium Enterprises, Large Enterprises
By End-User: Energy and Utilities, Retail, BFSI, Government and Defence, Healthcare, Others
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Password Management Market Regional Overview Includes:
⦿ North America: (Mexico, United States, and Canada)
⦿ Asia-Pacific: (China, Malaysia, Vietnam, Philippines, Korea, Japan, Thailand, India, Indonesia, and Australia)
⦿ Europe: (UK, Turkey, Germany, Italy, France, Russia)
⦿ South America: (Brazil)
⦿ The Middle East and Africa: (Egypt and GCC Countries)
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Key Vendors Covered in the Report as follows:
Avatier, Ca Technologies, Courion Corporation, Dell Sonicwall, Fastpass Corp, Hitachi ID Systems, IBM, Netiq, Microsoft, and Sailpoint Technologies.
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Below is the TOC of the Password Management Market Report:
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Password Management Market Overview
- Global Password Management Market Analysis and Forecast by Type
- Global Password Management Market Analysis and Forecast by Application
- Global Password Management Market Analysis and Forecast by Sales Channel
- Global Password Management Market Analysis and Forecast by Region
- North America Password Management Market Analysis and Forecast
- Latin America Password Management Market Analysis and Forecast
- Europe Password Management Market Analysis and Forecast
- Asia Pacific Password Management Market Analysis and Forecast
- The Middle East and Africa Password Management Market Analysis and Forecast
- Competition Landscape
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