Dallas,TX (PRWEB) January 04, 2015

The popularity of SaaS-based privileged identity management solutions is one key trend in the market. Advances in technology have forced vendors to offer SaaS-based privileged identity management solutions to increase their market share. Companies from different sectors are increasingly adopting privileged identity management market solutions because of benefits such as low investment costs and the availability of pay-per-use models.

According to the report, one of the major drivers in the market is the increased use of mobile devices. Increased usage of mobile devices and tablets has given rise to many identification issues. Employees can access confidential information such as corporate emails and critical business information using these devices. To overcome this, companies need a security solution to restrict employees from misusing confidential data through fraudulent activities. Hence, companies are adopting privileged identity management solutions to secure their network and provide safe access.

Further, the report states that lack of efficiency in security solutions is one of the major challenges in the market. With advances in technology, security threats are evolving. Viruses, hacking, spyware, and even spam are becoming complex and difficult to detect and control. Identifying and preventing security threats and breaches from infecting a network continues to be a major challenge in the market.

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Key players in the Global Privileged Identity Management Market are BeyondTrust Software Inc., CA Technologies Inc., CyberArk Software Ltd., International Business Machines (IBM) Corp. and Lieberman Software Corp.

Other Prominent Vendors in the market are Arcon, BalaBit, Centrify, Dell, Hitachi ID Systems, MasterSAM, NetIQ, NRI SecureTechnologies, ObserveIT, Thycotic, Wallix and Xceedium.

Market Driver

    Increased Use of Mobile Devices

Market Challenge

    Lack of Developing Efficient Security Solutions

Market Trend

    Popularity of SaaS-based Privileged Identity Management Solutions

Table of Contents

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Description

07. Market Landscape

08. Market Segmentation by Product

09. Market Segmentation by End-users

10. Geographical Segmentation

11. Market Attractiveness

12. Buying Criteria

13. Market Growth Drivers

14. Drivers and their Impact

15. Market Challenges

16. Impact of Drivers and Challenges

17. Market Trends

18. Trends and their Impact

19. Vendor Landscape

20. Key Vendor Analysis

21. Assumptions

22. Other Reports in this Series

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