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Global Privileged Access Management (PAM) Solutions Growth Opportunities

Information Technology Global Privileged Access Management (PAM) Solutions Growth Opportunities Updated Research Available

The Ever-changing Threat Landscape and Expanded Attack Surface Drive the Future Growth Potential of Privileged Access Management Solutions


RELEASE DATE
21-Dec-2021
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PC4D-01-00-00-00
SKU
IT04446-NA-MT_26123
Yes
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SKU
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Global Privileged Access Management (PAM) Solutions Growth Opportunities
Published on: 21-Dec-2021 | SKU: IT04446-NA-MT_26123

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Description

Cyberattacks continued to increase in 2020 and will constantly evolve in the future with increasing sophistication and blended techniques. Attacks on privileged accounts are expected to rise, as working from home and hybrid working environments will continue to prevail in the years to come due to the pandemic.

The digital transformation journey creates a greater attack surface for businesses, as companies tend to use different technologies and applications to facilitate the transformation process. The surge in adoption of applications and machines for daily business operations that require privileged access to the corporate’s services and database to perform their routine tasks are the weak points in the enterprise’s security architecture, as they can be vulnerable to cyberattacks. For example, the use of Robotic Process Automation (RPA), business workload automation, and Industrial Internet of Things (IIoT) is creating a huge number of non-human identities with privileged access, which eventually expands the attack surface.

Thus, it is paramount that organizations have full visibility and control of their applications and machines to address issues related to privileged access. By implementing intelligent and automated PAM solutions, organizations are able to strengthen their security management over privileged accounts and access to reduce attack surfaces. PAM will help them effectively monitor and manage all privileged accounts and access to critical assets at every layer in the organization. PAM also enables businesses to achieve the least privilege principle by easily setting out zero-trust policies to all privileged accounts, normal accounts, applications, and endpoints, which will help detect high-risk activities and enable organizations to enhance their overall cybersecurity posture.

Author: Vivien Pua

Infographic
Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Global PAM Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Global PAM Solutions—Scope of Analysis

Market Definitions

Market Definitions (continued)

Market Definitions (continued)

Customer Segmentation

Research Methodology

Global PAM Solutions—Regional Segmentation

Key Global PAM Solutions Competitors

Key Global PAM Solutions Competitors (continued)

Key Growth Metrics for Global PAM Solutions

Growth Drivers for Global PAM Solutions

Growth Driver Analysis for Global PAM Solutions

Growth Driver Analysis for Global PAM Solutions (continued)

Growth Driver Analysis for Global PAM Solutions (continued)

Growth Driver Analysis for Global PAM Solutions (continued)

Growth Restraints for Global PAM Solutions

Growth Restraint Analysis for Global PAM Solutions

Growth Restraint Analysis for Global PAM Solutions (continued)

Forecast Assumptions—Global PAM Solutions

Forecast Assumptions—Global PAM Solutions (continued)

Revenue Forecast—Global PAM Solutions

Revenue Forecast by Product—Global PAM Solutions

Revenue Forecast by Region—Global PAM Solutions

Revenue Forecast Analysis—Global PAM Solutions

Revenue Forecast Analysis by Region—Global PAM Solutions

Pricing Trends and Forecast Analysis—Global PAM Solutions

Competitive Environment—Global PAM Solutions

Revenue Share by Verticals—Global PAM Solutions

Revenue Share by Horizontals—Global PAM Solutions

Revenue Share by Top Participants—Global PAM Solutions

Key Growth Metrics for PAM Solutions—North America

Revenue Forecast for PAM Solutions—North America

Revenue Forecast by Product for PAM Solutions—North America

Revenue Forecast Analysis for PAM Solutions—North America

Key Growth Metrics for PAM Solutions—EMEA

Revenue Forecast for PAM Solutions, EMEA

Revenue Forecast by Product for PAM Solutions—EMEA

Revenue Forecast Analysis for PAM Solutions—EMEA

Key Growth Metrics for PAM Solutions—LATAM

Revenue Forecast for PAM Solutions—LATAM

Revenue Forecast by Product for PAM Solutions—LATAM

Revenue Forecast Analysis for PAM Solutions—LATAM

Key Growth Metrics for PAM Solutions—Asia-Pacific

Revenue Forecast for PAM Solutions—Asia-Pacific

Revenue Forecast by Product for PAM Solutions—Asia-Pacific

Revenue Forecast Analysis for PAM Solutions—Asia-Pacific

Growth Opportunity 1: Growing Demand for PAM to Secure Cloud and OT Environments

Growth Opportunity 1: Growing Demand for PAM to Secure Cloud and OT Environments (continued)

Growth Opportunity 2: Centralized PAM Management for On-premises, Hybrid, or Multi-cloud Environments

Growth Opportunity 2: Centralized PAM Management for On-premises, Hybrid, or Multi-cloud Environments (continued)

Growth Opportunity 3: Integration of PAM With Other Security Technologies for a More Holistic Security Strategy

Growth Opportunity 3: Integration of PAM With Other Technologies for a More Holistic Security Strategy (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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  3. Frost Radar™: Privileged Access Management, 2023
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Cyberattacks continued to increase in 2020 and will constantly evolve in the future with increasing sophistication and blended techniques. Attacks on privileged accounts are expected to rise, as working from home and hybrid working environments will continue to prevail in the years to come due to the pandemic. The digital transformation journey creates a greater attack surface for businesses, as companies tend to use different technologies and applications to facilitate the transformation process. The surge in adoption of applications and machines for daily business operations that require privileged access to the corporate’s services and database to perform their routine tasks are the weak points in the enterprise’s security architecture, as they can be vulnerable to cyberattacks. For example, the use of Robotic Process Automation (RPA), business workload automation, and Industrial Internet of Things (IIoT) is creating a huge number of non-human identities with privileged access, which eventually expands the attack surface. Thus, it is paramount that organizations have full visibility and control of their applications and machines to address issues related to privileged access. By implementing intelligent and automated PAM solutions, organizations are able to strengthen their security management over privileged accounts and access to reduce attack surfaces. PAM will help them effectively monitor and manage all privileged accounts and access to critical assets at every layer in the organization. PAM also enables businesses to achieve the least privilege principle by easily setting out zero-trust policies to all privileged accounts, normal accounts, applications, and endpoints, which will help detect high-risk activities and enable organizations to enhance their overall cybersecurity posture. Author: Vivien Pua
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Vivien Pua
Industries Information Technology
WIP Number PC4D-01-00-00-00
Is Prebook No
GPS Codes 9659
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