User Provisioning Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast Up to 2022 (Trending Report)

Japan, Japan, Wed, 12 Jan 2022 06:02:45 / Comserve Inc. / -- The global user provisioning market size is expected to grow from USD 4.25 billion in 2017 to USD 7.56 billion by 2022, at a CAGR of 12.2%. With the growing awareness of compliance management, the adoption of user provisioning and Identity

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

The global user provisioning market size is expected to grow from USD 4.25 billion in 2017 to USD 7.56 billion by 2022, at a CAGR of 12.2%. With the growing awareness of compliance management, the adoption of user provisioning and Identity and Access Management (IAM) solution is expected to be the major driver for enterprises, since the solution helps in the central management of identities within the enterprise and manages the huge costs associated with the non-compliance of regulatory mandates. Furthermore, the governance approach helps businesses improvise their productivity levels, adopt automation to reduce costs, and protect the business assets.

There are major challenging factors which are said to be hampering the market growth, such as the lack of expertise and security. The user provisioning market is said to be ever increasing, with more security threats evolving, therefore, the market lacks the ability to mitigate and respond to such attacks. Moreover, there are various organizations following manual processes and go through every single user's account for access authentication, hence increasing the work load and time. Therefore, it becomes important to adopt an automated provisioning and deprovisioning solution.

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The Final Report will cover the impact analysis of COVID-19 on this industry: User Provisioning Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast Up to 2022 (Trending Report)

The user governance and compliance business application segment is expected to grow at the highest GAGR during the forecast period
With the increasing need to access devices, applications, and information, the user provisioning application provides user access to specific data and applications, based on the user's particular role. The user governance and compliance business application segment is expected to continue to increase in the coming years across the globe because of the increasing authenticity requirements and emerging security issues.

North America is expected to have the largest market size, and Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period
North America is expected to hold the largest market share in the user provisioning market during the forecast period. With the changing enterprises work environment, adoption of cloud applications, and Bring Your Own Device (BYOD) and mobile practices, along with heavy compliance regulations, are likely to be driving the organizations in North America to adopt IAM solutions. Furthermore, the awareness for IAM is increasing in the business. These developments are boosting the adoption of user provisioning solutions in the North American region. Moreover, the region is highly exposed to fraud and privacy threats, and money laundering, which confirm the need to adopt strong security solutions in the region.

The APAC region is expected to witness a significant growth and projected to be the fastest-growing region in the user provisioning market. APAC has witnessed the advanced and dynamic adoption of new technologies and has always been a lucrative region. The major factors, such as the increasing internet usage, compliance regulation, and mobile usage are said to be driving the adoption of user provisioning solutions.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is as follows:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%

Research Coverage
The report includes an in-depth competitive analysis of the key players in the user provisioning market, along with their company profiles, recent developments, and key market strategies. The report segments the user provisioning market by component (solution and services), business application, organization size, deployment, business function, vertical, and region.

Reasons to Buy the Report
The user provisioning market has been segmented on the basis of components (solution and services), business applications, organization sizes, deployments, business functions, verticals, and regions.

The report will help the market leaders/new entrants in the user provisioning market in the following ways:
1. The overall user provisioning market revenue stream has been estimated considering only the standalone solution and services offered by user provisioning solution providers exclusive of the whole IAM suites offered by IAM vendors. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Breakdown of primaries 19
2.1.2.2 Key industry insights 20
2.2 MARKET SIZE ESTIMATION 22
2.3 MICROQUADRANT METHODOLOGY 24
2.3.1 MICROQUADRANT MATRIX: WEIGHTAGE CRITERIA 24
2.3.2 MICROQUADRANT DESCRIPTION 24
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 25
2.4.1 ASSUMPTIONS 25
2.4.2 LIMITATIONS 26

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