Categories: Industry

Strategic Spotlight: User Provisioning Market Strategies Assessment 2024-2033

Overview and Scope
User provisioning refers to the process of setting up and managing user accounts and access rights within an organization’s systems and applications, ensuring appropriate permissions and resources are allocated to individuals as needed. It involves creating, modifying, and removing user accounts, as well as managing user privileges and permissions throughout the user lifecycle.

Sizing and Forecast
The user provisioning market size has grown rapidly in recent years. It will grow from $8.47 billion in 2023 to $9.94 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%.  The growth in the historic period can be attributed to the rise of cyber threats, adoption of cloud computing, identity governance, complex IT environments, and identity management awareness.

The user provisioning market size is expected to see rapid growth in the next few years. It will grow to $19.01 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%.  The growth in the forecast period can be attributed to biometric authentication, blockchain-based identity management, continuous monitoring, self-service provisioning, and focus on user experience. Major trends in the forecast period include adaptive access control, regulatory compliance automation, hybrid identity management, collaborative identity management, and zero trust architecture adoption.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/user-provisioning-global-market-report

Segmentation & Regional Insights
The user provisioning market covered in this report is segmented –

1) By Type: Solution, Service
2) By Deployment: Cloud-based, On-premise
3) By Organization Size: Large Enterprise, Small And Medium Size Enterprise (SMEs)
4) By Vertical: Government, Telecommunication And Information Technology, Banking Financial Services And Insurance (BFSI), Manufacturing, Retail, Healthcare, Other Verticals

North America was the largest region in the user provisioning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the user provisioning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14817&type=smp

Major Driver Impacting Market Growth
The rising adoption of cloud-based software systems is expected to propel the growth of the user provisioning market going forward. Cloud-based software systems refer to applications and services that are hosted and delivered over the internet, allowing users to access and use them remotely via web browsers or client applications. The increasing adoption of cloud-based software systems is driven by their scalability, flexibility, cost-effectiveness, and ease of access from anywhere with an internet connection. User provisioning involves creating, updating, and deleting user accounts, as well as controlling their access to various resources within the cloud architecture. This approach is critical for ensuring data security, compliance, and operational efficiency in cloud-based applications. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, 45.2% of EU enterprises purchased cloud computing services in 2023, representing a 4.2 percentage point (pp) increase compared with 2021. Therefore, the rising adoption of cloud-based software systems is driving the growth of the user provisioning market.

Key Industry Players
Major companies operating in the user provisioning market are Microsoft Corporation, Dell Inc., Hitachi Ltd., The International Business Machines Corporation, Oracle Corporation, Broadcom Inc., SAP SE, ATOS SE, Motorola Solutions Inc., Okta Inc., Zoho Corp. Pvt. Ltd., SolarWinds Corp., CyberArk Software Ltd., Happiest Minds Technologies Limited, SailPoint Technologies Holdings Inc., Centrify Corporation, OneLogin Inc., CloudEagle, CA Technologies Inc., EmpowerID, Avatier Corp.

The user provisioning market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Related Reports:

https://topprnews.com/patch-management-market-trends/
https://topprnews.com/production-printers-industry/
https://topprnews.com/sauna-and-spa-market-opportunities/
https://topprnews.com/social-work-case-management-software-market/
https://goodprnews.com/patch-management-market-growth/
https://goodprnews.com/production-printers-market-trends/
https://goodprnews.com/sauna-and-spa-marke-size/
https://goodprnews.com/social-work-case-management-software-market-drivers/

Explore the trending research reports from TBRC:

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

15 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

15 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

15 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

15 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

15 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

15 hours ago