Frost Radar™: Privileged Access Management, 2023

Frost Radar™: Privileged Access Management, 2023

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
05-May-2023
REGION
Global
Research Code: PE70-01-00-00-00
SKU: IT04698-GL-MR_27628
AvailableYesPDF Download
$4,950.00
In stock
SKU
IT04698-GL-MR_27628
$4,950.00
DownloadLink
ENQUIRE NOW

Description

As organizations increasingly depend on digitized operations, their uptake of digital applications has reshaped business models across industries. This business model evolution coupled with the pandemic-induced shift to hybrid work modes have led to the proliferation of privileged identities among both human and non-human users.

These privileged access points conversely offer vulnerable entrances for hackers to abuse and are increasingly the target of cyberattacks. The volume of cyberbreaches due to privileged access credential abuse is on the rise. As a result, the expanded cyberattack surface among organizations creates a complex challenge in managing the large scale of privileged identities and access while ensuring the cybersecurity of their IT infrastructure.

Legacy session monitoring and account management solutions can no longer sufficiently help organizations navigate the complex, increasingly sophisticated threat landscape. As organizations seek an effective privileged access management (PAM) strategy, demand is shifting from a legacy PAM to a modern, automated, and comprehensive PAM solution.

In addition, changing business priorities and the boom of hybrid working culture have expedited the cloud migration process among organizations as they move their corporate services, assets, and applications to cloud environments. This has resulted in the increasing adoption of cloud-based PAM solutions to secure and manage identities and access to cloud environments.

In this Frost Radar™, Frost & Sullivan shortlisted and assessed the top 12 PAM vendors (from a pool of more than 25 global market players) that have annual revenue of at least $8 million in the global PAM market. These 12 international companies have an active business presence in at least 2 regions across North America, Europe, the Middle East and Africa, Latin America, and Asia-Pacific. This year’s Frost Radar™ players are ARCON, BeyondTrust, Broadcom, CyberArk, Delinea, Kron Technologies, ManageEngine, One Identity, OpenText, Saviynt, Senhasegura, and WALLIX.

Table of Contents

The Strategic Imperative

The Strategic Imperative (continued)

The Strategic Imperative (continued)

The Growth Environment

The Growth Environment (continued)

Frost Radar™: Privileged Access Management

Frost Radar™: Competitive Environment

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

ARCON

BeyondTrust

Broadcom

CyberArk Software

Delinea

Kron Technologies

ManageEngine

One Identity

OpenText

Saviynt

Senhasegura

WALLIX

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

Legal Disclaimer

As organizations increasingly depend on digitized operations, their uptake of digital applications has reshaped business models across industries. This business model evolution coupled with the pandemic-induced shift to hybrid work modes have led to the proliferation of privileged identities among both human and non-human users. These privileged access points conversely offer vulnerable entrances for hackers to abuse and are increasingly the target of cyberattacks. The volume of cyberbreaches due to privileged access credential abuse is on the rise. As a result, the expanded cyberattack surface among organizations creates a complex challenge in managing the large scale of privileged identities and access while ensuring the cybersecurity of their IT infrastructure. Legacy session monitoring and account management solutions can no longer sufficiently help organizations navigate the complex, increasingly sophisticated threat landscape. As organizations seek an effective privileged access management (PAM) strategy, demand is shifting from a legacy PAM to a modern, automated, and comprehensive PAM solution. In addition, changing business priorities and the boom of hybrid working culture have expedited the cloud migration process among organizations as they move their corporate services, assets, and applications to cloud environments. This has resulted in the increasing adoption of cloud-based PAM solutions to secure and manage identities and access to cloud environments. In this Frost Radar™, Frost & Sullivan shortlisted and assessed the top 12 PAM vendors (from a pool of more than 25 global market players) that have annual revenue of at least $8 million in the global PAM market. These 12 international companies have an active business presence in at least 2 regions across North America, Europe, the Middle East and Africa, Latin America, and Asia-Pacific. This year’s Frost Radar™ players are ARCON, BeyondTrust, Broadcom, CyberArk, Delinea, Kron Technologies, ManageEngine, One Identity, OpenText, Saviynt, Senhasegura, and WALLIX.
More Information
Author Ying Ting Neoh
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 Privileged Access Management Solutions
Keyword 2 privileged access solution
Keyword 3 privileged access management as a service
Podcast No
WIP Number PE70-01-00-00-00