Global Password Management Market

1. Global Password Management Market was valued US$ 520.2 Mn in 2017 and is expected to reach US$ 2500 Mn by 2026, at a CAGR of 21.68% during a forecast period. Global Password Management Market Password Management Market is segmented by type, access, organization, end user and region. Based on the type market is divided into self-service password management, privileged user password management. Access is classified as mobile devices, desktops & laptops, voice enabled password systems, others. Organization is splits into SMEs and large enterprises. End user of password management markets are BFSI, education, healthcare, manufacturing, public sector & utilities, retail & wholesale distribution, telecom & IT, Others. Region wise divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Passwords proceed the authentication tool and a defence against attempts of unauthorized access. Key factor driving the markets are rising instances of attacks by hackers have increased concerns toward password security and this is helping in growing demand for password management solutions. The password management products and solutions are deployed neither on-premise environment nor in hosted environment over cloud. The rapidly increasing cloud market presents a great opportunity in the hosted password management market. Low success of password self-service projects among end-users until currently is a key concern among industry players. Major driver of password management system are rising network security threats, increased use of smart devices, and enlarged instances of attacks by hackers is improved anxieties toward password security and this is helping in growing demand for password management solutions. Threat from open-source password management software providers and lack of efficient security measurements are the major challenge for password management market. In terms of type, Self-service password management make available features such as management and resetting of passwords to the employees without needing the help of helpdesks. The privileged password management solutions offer higher security to passwords by maintaining the passwords of privileged users. The privileged password management arrange various methods including frequent randomization of passwords, automated password resets and privileged session recording. Privileged User Password Management segment is expected to be the fastest growing market. Based on end user, the BFSI segment reported as a largest segment. North America was the leading region and accounted for just over 39% of the overall market revenue in 2017, due to rising applications of password management solutions across end-use industries. However, constant technological advancements in fields of analytics, cloud, and BYOD trends are expected to provide a significant push to the regional market. Comprehensive competitive analysis and profiles of major market players such as Google Inc., Microsoft Corporation, Fastpass Corporation, Knowledge Secure Systems Ltd., Hitachi ID Systems, Inc., Sonicwall Inc., SailPoint Technologies Pvt. Ltd., Avatier Corporation, NetIQ Corporation, Courion Corporation Avatier, CA Technologies, Inc., Dell Sonicwall, FastPass Corp., IBM Corp., and NetIQ Corp. For More Information Visit:https://www.maximizemarketresearch.com/market-report/global-password-management-market/18029/ The Scope of Global Password Management Market: Global Password Management Market, by Type: • Self-service password management • Privileged user password management Global Password Management Market, by Access: • Mobile devices • Desktops & laptops • Voice enabled password systems • Others Global Password Management Market, by Organization: • Small & medium organization • Large Enterprise Global Password Management Market, by End-user: • BFSI • Education • Healthcare • Manufacturing • Public sector & utilities • Retail & wholesale distribution • Telecom & IT • Others Global Password Management Market, by Region • North America • Europe • Middle East & Africa • Asia Pacific • Latin America Key players operated in Global Password Management Market: • Google Inc. • Microsoft Corporation • Fastpass Corporation • Knowledge Secure Systems Ltd. • Hitachi ID Systems, Inc. • Sonicwall Inc. • SailPoint Technologies Pvt. Ltd. • Avatier Corporation • NetIQ Corporation • Courion Corporation • CA Technologies, Inc. • Dell Sonicwall • FastPass Corp. • IBM Corp. • NetIQ Corp This Report Is Submitted By @Global Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us: Name: LumawantGodage Organization: MAXIMIZE MARKET RESEARCH Email:sales@maximizemarketresearch.com Contact:  +91 9607365656