Overview and Scope
Role-based access control (RBAC) refers to a system that grants access and authorizes certain actions based on a user’s position within the system. It is used to safeguard sensitive data from unauthorized access, modification, addition, or deletion.
Sizing and Forecast
The role-based access control market size has grown rapidly in recent years. It will grow from $9.63 billion in 2023 to $10.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to regulatory compliance requirements, rise in cybersecurity threats, data privacy concerns, industry-specific security standards, increased complexity of it environments..
The role-based access control market size is expected to see rapid growth in the next few years. It will grow to $17.43 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to cloud computing adoption, iot proliferation, global remote work trends, focus on zero-trust security models, integration with identity management solutions.. Major trends in the forecast period include enhanced user experience, emergence of blockchain in rbac, collaboration with threat intelligence, mobile rbac solutions, customization for industry-specific needs..
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Segmentation & Regional Insights
The role-based access control market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Model Type: Core RBAC, Hierarchical RBAC, Constrained RBAC
3) By Enterprise Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)
4) By Application: Banking, Financial Services and Insurance (BFSI), Information Technology(IT) And Communications, Healthcare, Government And Defense, Retail And Ecommerce, Education, Other Applications
North America was the largest region in the global role-based access control market size in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the role-based access control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in demand for working from home is expected to propel the growth of the role-based access control market going forward. Work from home is a concept where an individual can do their duties from home using tools, resources, and policies that their employer has approved. Role-based access control helps people working remotely with increased security, better compliance, and improved productivity. For instance, according to a survey report published by Upwork, a US-based online freelance marketplace, among 1,000 recruiting managers in the United States, in 2021, 28% of 1,000 recruiting managers in the United States, representing 40.7 million professionals, claimed they are going to be remote in the next five years, up from 22.9% in 2020. Therefore, the increase in demand for working from home drives the role-based access control market.
Key Industry Players
Major companies operating in the role-based access control market report are Amazon Web Services Inc., BeyondTrust Corporation, ForgeRock Inc., International Business Machines Corporation, JumpCloud Inc., Microsoft, Okta Inc., Oracle Corporation, Ping Identity Corporation, SolarWinds Worldwide LLC, CyberArk Software Ltd., Broadcom Inc., Varonis Systems, SailPoint Technologies Inc., SecureAuth, Avatier Corporation, Evidian S.A., Omada, RSA Security LLC, Beta Systems Software AG, Identity Automation, PlainID, Saviynt Inc., One Identity LLC, Cloudentity, AlertEnterprise Inc., Axiomatics AB, Biocatch, Radiant Logic, Cyberinc Corporation
The role-based access control market report table of contents includes:
1. Executive Summary
2. Role-based Access Control Market Characteristics
3. Role-based Access Control Market Trends And Strategies
4. Role-based Access Control Market – Macro Economic Scenario
5. Global Role-based Access Control Market Size and Growth
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31. Global Role-based Access Control Market Competitive Benchmarking
32. Global Role-based Access Control Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Role-based Access Control Market
34. Role-based Access Control Market Future Outlook and Potential Analysis
35. Appendix
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