Organizations are increasingly facing challenges in preventing insider abuse and misuse of privileged accounts. Privileged accounts like the ones for administrators, CXOs etc. require a special level of monitoring and active control – since there is a lot of classified data at stake. In addition, there is a growing concern from external attacks that exploit system vulnerabilities to plant malware and steal user credentials. Attackers, using these compromised accounts, can escalate privileges and gain access to intellectual property, classified information, personal records, and other sensitive information. According to industry estimates, over 90% of the breaches involved compromised accounts and over 80% of all data loss was due to compromised credentials.
The privileged users, especially with access to sensitive and valuable data, can cause significant damage to the organization and disrupt the business as usual. Hence organizations are increasingly adopting PAM technologies driven by growing security concerns from insider threats, frequent security breaches exploiting privileged accounts, meeting compliance, and improving administrator’s operational efficiency. Privileged Access Management (PAM) technologies enable organizations to secure, manage, automate, and monitor privileged accounts and their access to the corporate network to protect critical assets, prevent security breaches and insider attacks, and meet compliance requirements.
Quadrant Knowledge Solutions Privileged Access Management (PAM) Market Outlook Research provides a detailed analysis of the global PAM market in terms of short-term and long-term growth opportunities, emerging technology trends, market trends, and future technology outlook. The research provides strategic information to the market participants and users who are responsible for strategic planning, marketing, sales, and purchasing PAM solutions. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendor capability, competitive differentiation, and its market position.
SPARKTM Matrix: Quadrant Knowledge Solutions’ SPARK Matrix provides a snapshot of the market positioning of the key market participants. SPARK Matrix representation provides a visual representation of market participants and provides strategic insights on how each supplier ranks related to their competitors, with respect to various performance parameters based on the category of technology excellence and customer impact. In Quadrant’s evaluation of global Privileged Access Management market, we have analysed the offerings of leading PAM vendors, including BeyondTrust (Bomgar), CA Technologies, Centrify Corporation, CyberArk, Hitachi ID Systems, ManageEngine, One Identity, Osirium, Thycotic, WALLIX, and others.
DataSheet: This research is also available as an Excel Workbook with extended market forecast analysis for 10 years to understand long-term trends of the overall market and its segments.
Table of Contents
- Privileged Access Management Market Overview
- Key Research Findings
Market Background, Key Market Trends, and Market Drivers
Key Capabilities of a PAM Solution
PAM Deployment Trends
Regional Trends and Forecasts
- Asia Pacific
Industry Trends and Forecasts
- Banking, Financial Services, and Insurance (BFSI)
- High Technology
- Government & Public Sector
- Healthcare & Life Sciences
- Retail and eCommerce
- Media & Entertainment
- Small & Medium Business
- Large & Enterprise Business
Competition Landscape & Analysis
- Competitive Factor Assessment
- Competitive Analysis
- SPARK Matrix
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