Trends Report

The Worldwide Privileged Identity Management Market Is Set To Grow To $2.6 Billion By 2025

January 28th, 2021
With contributors:
Merritt Maxim , Benjamin Corey

Summary

Security and risk professionals should read this research to understand the growth in the privileged identity management (PIM) market over the next five years. The PIM market is maturing but will continue to exhibit strong growth as enterprises seek PIM solutions to address new use cases such as DevOps, cloud, machine identities, and shared business user accounts. North America has the largest global share of the PIM market. Growth in this region will come mainly from new use cases; greenfield opportunities will come mostly from Asia (especially India and China). While on-premises remains the dominant delivery model for PIM today, a substantial percentage of new deployments will leverage software as a service (SaaS) to protect privileged access to cloud properties. For more information, see “ The Forrester Wave™: Privileged Identity Management (PIM), Q4 2020” or schedule an inquiry.

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