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Privileged Access Management (PAM) Market Share

  • Report ID: GMI7635
  • Published Date: Dec 2023
  • Report Format: PDF

Privileged Access Management Market Share

IBM Corporation and Beyondtrust, Inc. hold a significant revenue share in the market. The major companies operating in the market are fiercely competing for revenue shares through strategic pricing, technological advancements, and expanding product portfolios. Continuous innovation, customer-centric approaches, and global market presence are the key elements of their competitive strategies.
 

Privileged Access Management Market Companies

Major companies operating in the privileged access management industry are:

  • Arcon
  • Beyondtrust, Inc.
  • Cyberark Software Ltd.
  • Fortinet
  • Hitachi ID Systems Inc.
  • IBM Corporation
  • Imprivata
  • Okta
  • Optiv Security
  • SailPoint
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of privileged access management reached USD 3 billion in 2023 and is set to witness 22% CAGR from 2024 to 2032, owing to the increasing number of cybercrime complaints.

The on-premises segment held a market share of over 60% in 2023, as organizations choose on-premises solutions for privileged access management to mold the system according to their unique security requirements and operational nuances.

North America market share was around 35% in 2023, favored by the introduction of AI-powered auditing features to enhance PAM solutions.

Arcon, Beyondtrust, Inc., Cyberark Software Ltd., Fortinet, Hitachi ID Systems Inc., IBM Corporation, Imprivata, Okta, Optiv Security, and SailPoint.

Privileged Access Management Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 351
  • Countries covered: 21
  • Pages: 250
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