The Business Research Company’s Cloud Infrastructure Entitlement Management (CIEM) Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cloud Infrastructure Entitlement Management (CIEM) Global Market Report 2023 evaluates cloud infrastructure entitlement management (ciem) market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cloud infrastructure entitlement management (CIEM) market is expected to grow from $1.21 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 38.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The cloud infrastructure entitlement management (CIEM) market is expected to reach $6.15 billion in 2027 at a CAGR of 38.5%.
The growing adoption of cloud computing is expected to propel the growth of the cloud infrastructure entitlement management (CIEM) market going forward. Cloud computing refers to providing computer services over the Internet, including servers, storage, databases, networking, software, analytics, and intelligence. Cloud computing plays a crucial role in cloud infrastructure entitlement management by providing the tools and platforms needed to effectively manage user identities, access controls, and permissions in cloud-based environments. For instance, in December 2021, according to Eurostat, a Luxembourg-based intergovernmental organization, 41% of EU enterprises used cloud computing in 2021, primarily for hosting their e-mail systems and storing files in electronic form, an increase of 5 percentage points compared to 2020. In the EU, large businesses adopted cloud computing at a rate of 72% in 2021, an increase of 7 percentage points from 2020. Compared to 46% in 2020, 53% of medium-sized businesses adopted cloud computing in 2021. Cloud computing usage in small businesses rose by 5 percentage points to 38%. Therefore, the growing adoption of cloud computing is driving the growth of the cloud infrastructure entitlement management (CIEM) market
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The cloud infrastructure entitlement management (ciem) market segments in the report are:
1) By Offering: Solution, Services
2) By Deployment Mode: On-Premises, Cloud, Hybrid
3) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By Application: Banking, Financial Services, And Insurance (BFSI), Healthcare And Lifesciences, Retail And E-Commerce, Manufacturing, Government And Public Sector, Energy And Utilities, Information Technology (IT) And Telecommunications, Other Applications
The table of contents in TBRC’s cloud infrastructure entitlement management (ciem) market report includes:
- Executive Summary
- Cloud Infrastructure Entitlement Management (CIEM) Market Characteristics
- Cloud Infrastructure Entitlement Management (CIEM) Market Trends And Strategies
- Cloud Infrastructure Entitlement Management (CIEM) Market – Macro Economic Scenario
5.1. Global Cloud Infrastructure Entitlement Management (CIEM) Market Drivers and Restraints
- Cloud Infrastructure Entitlement Management (CIEM) Market Segmentation
- Cloud Infrastructure Entitlement Management (CIEM) Market Regional And Country Analysis
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- Brazil Cloud Infrastructure Entitlement Management (CIEM) Market
- Middle East Cloud Infrastructure Entitlement Management (CIEM) Market
- Africa Cloud Infrastructure Entitlement Management (CIEM) Market
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