Market Research Report with Industry Analysis on “Global Password Management Market 2019-2025” is Made Available by Analytical Research Cognizance.
Manhattan, United States - December 11, 2018 /MarketersMedia/ —
The latest report from the Bizwit Research on the global Password Management market provides key actionable insights into the Password Management market. The report on the global Password Management market states that the market is estimated to value US$ 400 million at the end of 2016 and is projected to record steady growth rate of 18% throughout the forecast period to reach US$ xx million by 2025. The various factors affecting the projected market trends are discussed in detail along with its analysis in the global Password Management market report.
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The key factor which gives growth the market is growing adoption of password management solutions by small and medium organization. Furthermore, rising strict compliance, is encouraging application of these solutions among various end users across the globe. However, till now, success of password self-service projects is low among various end-users is a major concern among major market players.
Password management is not only used by enterprises, but also it is helpful for individual users like a security tool for their devices and accounts. Similarly, it is largely used by various end users to secure, monitor, manage, and audit the activities connected with privileged accounts. Now a day cyberattacks appear to become more prevalent and far reaching in their damage, further it is required for individuals and also for organizations to protect their data. Ability to transfer customer data, client files, medical records, employee files, financial records, and other valuable and sensitive information has enhanced the legal risks.
Some of the key players involved in the market are Avaiter, Ca Technologies, Courion Corporation, Hitachi ID Systems, IBM, Netiq, Dell Sonicwall, Fastpass Corp, Microsoft, and Sailpoint Technologies. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
The global Password Management market report includes the various segmentations of the market. Each sub-segment within the report has been discussed in detail and its analysis and forecast has been provided in the global Password Management market report.
In terms of Type, the global Password Management market is segmented into:
Self-Service Password Reset
Privileged User Password Management
By type of Access, the Password Management market is segmented into the following:
Desktop
Mobile Devices
Voice Enabled Password Reset
In terms of Deployment, the global Password Management market is segmented into:
On-Premise
Hosted
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In terms of Industry Vertical, the global Password Management market is segmented into:
BFSI
Telecom & IT
Energy, Oil & Gas
Public Sector & utilities
Manufacturing
Education
Healthcare
Retail & Wholesale Distribution
Others
On the basis of region, the global Password Management market is segmented as follows:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the global Password Management market provides more than just the segmentation and market statistics. The report on the Password Management market includes various other details about the Password Management market which the customers can make use of and further their own business. Some key insights into the global Password Management market include the various investment opportunities within the Password Management market. The right investments at the right time will be beneficial in yielding the highest returns and the global Password Management market report provides customers with insights into the right investments to make within the Password Management market.
The global Password Management market promises great growth. Promising industrial growth is imperative for a market to attract substantial investments to further the market. It is a cycle for each market which keeps growing strong year-on-year. Customers of the global Password Management market report can further make use of the SWOT analysis included within the scope of the report. The SWOT analysis comes handy for customers looking to understand the market in a snapshot and also to use the information as slides in their board meetings to depict where the market is headed and convey the further details about it.
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