Dallas,TX (PRWEB) January 04, 2015 -- The popularity of SaaS-based privileged identity management solutions is one key trend in the market. Advances in technology have forced vendors to offer SaaS-based privileged identity management solutions to increase their market share. Companies from different sectors are increasingly adopting privileged identity management market solutions because of benefits such as low investment costs and the availability of pay-per-use models.
According to the report, one of the major drivers in the market is the increased use of mobile devices. Increased usage of mobile devices and tablets has given rise to many identification issues. Employees can access confidential information such as corporate emails and critical business information using these devices. To overcome this, companies need a security solution to restrict employees from misusing confidential data through fraudulent activities. Hence, companies are adopting privileged identity management solutions to secure their network and provide safe access.
Further, the report states that lack of efficiency in security solutions is one of the major challenges in the market. With advances in technology, security threats are evolving. Viruses, hacking, spyware, and even spam are becoming complex and difficult to detect and control. Identifying and preventing security threats and breaches from infecting a network continues to be a major challenge in the market.
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Key players in the Global Privileged Identity Management Market are BeyondTrust Software Inc., CA Technologies Inc., CyberArk Software Ltd., International Business Machines (IBM) Corp. and Lieberman Software Corp.
Other Prominent Vendors in the market are Arcon, BalaBit, Centrify, Dell, Hitachi ID Systems, MasterSAM, NetIQ, NRI SecureTechnologies, ObserveIT, Thycotic, Wallix and Xceedium.
Market Driver
• Increased Use of Mobile Devices
Market Challenge
• Lack of Developing Efficient Security Solutions
Market Trend
• Popularity of SaaS-based Privileged Identity Management Solutions
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Description
07. Market Landscape
08. Market Segmentation by Product
09. Market Segmentation by End-users
10. Geographical Segmentation
11. Market Attractiveness
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
21. Assumptions
22. Other Reports in this Series
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