Industry Background:
User provisioning is defined as the identity and access management process which help organizations to securely manage information about users in various business application such as password management, user log management, user governance and compliance and others. Advantages of user provisioning are managing data securely, increasing employee productivity, provide service to a wider audience, easily Identity synchronization, among others. Rising of awareness of user provisioning and the importance of user compliance management and growing demand for risk mitigations will further accelerate the user provisioning market growth in future
According to AMA, the market for User Provisioning is expected to register a CAGR of 13.2% during the forecast period to 2026. This growth is primarily driven by Rising Adoption of Cloud-Based Single Sign-On and Password Management Solutions, Increasing Awareness and the Criticality of User Compliance Management and Governance and Growing Demand for Increased Traction of Security as well as Risk Mitigation.
Globally, a noticeable market trend is evident Various Players are Focusing on Product Enhancement. For Instance, DigitalOcean, Inc. Provides Various Features in User provisionings such as Durable Storage Availability, Security, Scalability, and others. The Technology Distributors sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Oracle (United States), CA Technologies (United States), Microsoft (United States), Hitachi ID Systems (Canada), SAP (Germany), Dell (United States), Happiest Minds (India), OneLogin (United States) and EmpowerID (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In December 2018, the DigitalOcean, Inc. (United States) Company has launched Kubernetes container service to all developers. Hence, it will benefit increase the product portfolio of the company
Market Drivers
- Rising Adoption of Cloud-Based Single Sign-On and Password Management Solutions
- Increasing Awareness and the Criticality of User Compliance Management and Governance
- Growing Demand for Increased Traction of Security as well as Risk Mitigation
Market Trend
- Various Players are Focusing on Product Enhancement. For Instance, DigitalOcean, Inc. Provides Various Features in User provisionings such as Durable Storage Availability, Security, Scalability, and others
Restraints
- Major Concern regarding Shadow IT Risks may hamper the Market Growth
Opportunities
Trending Technologies, namely IoT and Cloud, are Redefining the IAM as well as Provisioning Landscapes and Rising Demand for Aligning the Management Strategies with the Organizational Strategic Initiatives Globally
Challenges
A problem regarding Higher Costs Incurred for Manual Provisioning and Deprovisioning and Issue related to Lack of Security, Expertise, as well as Awareness
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, User Provisioning Study Sheds Light on
The User Provisioning Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the User Provisioning industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where User Provisioning industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.