HOME Top Market Reports Password Management Market by Type (Self Service Password Reset, Privileged User Password Management) & by Access (Desktop, Mobile Devices, Voice Enabled Password Reset) - Global Advancements, Forecasts & Analysis (2014-2019)

Password Management Market by Type (Self Service Password Reset, Privileged User Password Management) & by Access (Desktop, Mobile Devices, Voice Enabled Password Reset) - Global Advancements, Forecasts & Analysis (2014-2019)

By: marketsandmarkets.com
Publishing Date: July 2014
Report Code: TC 2578

 

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In current scenario password management is of great importance not only for the enterprises but also for the individual users. As every person is managing dozens of accounts including official, financial and social, which are secured with the help of passwords, It becomes very difficult to remember all of them correctly and secure the accounts from hackers. The best solution available for keeping the accounts safe, and managing the passwords is password management. The increasing need for managing the passwords and securing the valuable data of enterprises and individuals have increased the demand of password management market solutions.

To provide better password management and account security, many big players such as Google and Microsoft are trying to offer new ways of managing passwords such as automatic encrypted solutions and USB tokens. This market is divided into two major segments namely self services password management and privileged password management. Self service password reset management solutions enables the employees to manage and reset their passwords on their own without the help of the helpdesk, which saves the valuable time of the IT department and reduces cost. On the other hand the privileged password management solutions maintain the passwords of the privileged users through various methods such as frequent randomization of passwords, privileged session recording, and automated password resets.

MarketsandMarkets expects this market to grow from $311million in 2014 to $709.6million by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 17.9% from 2014 to 2019. This report provides holistic overview and market forecasts of the various segments of the password management market based on solution types, deployment methods, industry verticals, and geography.

Reasons to Buy the Report:

From an insight perspective, this research report focus on various levels of analysis—industry analysis, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high growth segments of the password management market. The above mentioned market research data, current market size, and forecast of future trends will help existing players and new entrants to make the necessary decisions regarding the product offerings, geographic focus, change in strategic approach, R&D investments for innovation in products and technologies, and levels of output in order to remain successful.

Companies purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for reaping market share.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on Password Management portfolio offered by the top players in this market. The report analyzes the products market by category/end user across geographies
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the market
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various Password Management products across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of leading players in the Password Management market

Table of Contents
 
1 Introduction (Page No. - 17)
    1.1 Objectives
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology
          1.5.1 Key Data Points
          1.5.2 Data Triangulation & Market Forecasting
    1.6 Forecast Assumptions

2 Executive Summary (Page No. - 23)
    2.1 Abstract
    2.2 Overall Market Size

3 Market Overview (Page No. - 26)
    3.1 Market Definition
    3.2 Market Evolution
    3.3 Market Segmentation
    3.4 Market Dynamics
          3.4.1 Drivers
                  3.4.1.1 Strict Compliance Mandate
                  3.4.1.2 Increase in Number of Ways By Which Passwords Can Be Reset
                  3.4.1.3 Continual Decrease in Cost Associated With Help Desk
          3.4.2 Restraints
                  3.4.2.1 Low Success Rate of Password Self-Service Projects
                  3.4.2.2 Growing Synchronization, Customization, and Extension Requirements
          3.4.3 Opportunities
                  3.4.3.1 Growing Cloud Market
                  3.4.3.2 Increase in Adoption of SSPR Solutions Across Smbs
                  3.4.3.3 Attractive Pricing Options
          3.4.4 Time Impact Analysis of Dros
    3.5 Value Chain

4 Password Management: Market Size & Forecast By Type (Page No. - 36)
    4.1 Introduction
    4.2 Self-Service Password Reset
          4.2.1 Overview
          4.2.2 Market Size & Forecast
    4.3 Privileged User Password Management
          4.3.1 Overview
          4.3.2 Market Size & Forecast

5 Self-Service Password Reset: Market Size & Forecast By Access (Page No. - 42)
    5.1 Introduction
    5.2 Desktop
          5.2.1 Overview
          5.2.2 Market Size & Forecast
    5.3 Mobile Devices
          5.3.1 Overview
          5.3.2 Market Size & Forecast
    5.4 Voice Enabled Password Reset
          5.4.1 Overview
          5.4.2 Market Size & Forecast

6 Self-Service Password Reset: Market Size & Forecast By Deployment (Page No. - 49)
    6.1 Introduction
    6.2 On-Premise
          6.2.1 Overview
          6.2.2 Market Size & Forecast
    6.3 Hosted
          6.3.1 Overview
          6.3.2 Market Size & Forecast

7 Password Management: Market Size & Forecast By Industry Vertical  (Page No. - 54)
    7.1 Introduction
    7.2 BFSI
          7.2.1 Overview
          7.2.2 Market Size & Forecast By Type
          7.2.3 Market Size & Forecast By Region
    7.3 Telecom & It
          7.3.1 Overview
          7.3.2 Market Size & Forecast By Type
          7.3.3 Market Size & Forecast By Region
    7.4 Energy, Oil & Gas
          7.4.1 Overview
          7.4.2 Market Size & Forecast By Type
          7.4.3 Market Size & Forecast By Region
    7.5 Public Sector & Utilities
          7.5.1 Overview
          7.5.2 Market Size & Forecast By Type
          7.5.3 Market Size & Forecast By Region
    7.6 Manufacturing
          7.6.1 Overview
          7.6.2 Market Size & Forecast By Type
          7.6.3 Market Size & Forecast By Region
    7.7 Education
          7.7.1 Overview
          7.7.2 Market Size & Forecast By Type
          7.7.3 Market Size & Forecast By Region
    7.8 Healthcare
          7.8.1 Overview
          7.8.2 Market Size & Forecast By Type
          7.8.3 Market Size & Forecast By Region
    7.9 Retail & Wholesale Distribution
          7.9.1 Overview
          7.9.2 Market Size & Forecast By Type
          7.9.3 Market Size & Forecast By Region
    7.10 Others
          7.10.1 Overview
          7.10.2 Market Size & Forecast By Type
          7.10.3 Market Size & Forecast By Region

8 Password Management: Market Size & Forecast By Organization Size  (Page No. - 76)
    8.1 Introduction
    8.2 Small-Sized Businesses
          8.2.1 Overview
          8.2.2 Market Size & Forecast
    8.3 Medium-Sized Businesses
          8.3.1 Overview
          8.3.2 Market Size & Forecast
    8.4 Enterprises
          8.4.1 Overview
          8.4.2 Market Size & Forecast

9 Password Management: Market Size & Forecast By Region  (Page No. - 84)
    9.1 Introduction
          9.1.1 Regional Market Lifecycle
    9.2 North America
          9.2.1 Overview
          9.2.2 Market Size & Forecast By Type
          9.2.3 Market Size & Forecast By Access
          9.2.4 Market Size & Forecast By Deployment
          9.2.5 Market Size & Forecast By Industry Vertical
          9.2.6 Market Size & Forecast By Organization Size
    9.3 Europe
          9.3.1 Overview
          9.3.2 Market Size & Forecast By Type
          9.3.3 Market Size & Forecast By Access
          9.3.4 Market Size & Forecast By Deployment
          9.3.5 Market Size & Forecast By Industry Vertical
          9.3.6 Market Size & Forecast By Organization Size
    9.4 Asia-Pacific
          9.4.1 Overview
          9.4.2 Market Size & Forecast By Type
          9.4.3 Market Size & Forecast By Access
          9.4.4 Market Size & Forecast By Deployment
          9.4.5 Market Size & Forecast By Industry Vertical
          9.4.6 Market Size & Forecast By Organization Size
    9.5 Middle East & Africa
          9.5.1 Overview
          9.5.2 Market Size & Forecast By Type
          9.5.3 Market Size & Forecast By Access
          9.5.4 Market Size & Forecast By Deployment
          9.5.5 Market Size & Forecast By Industry Vertical
          9.5.6 Market Size & Forecast By Organization Size
    9.6 Latin America
          9.6.1 Overview
          9.6.2 Market Size & Forecast By Type
          9.6.3 Market Size & Forecast By Access
          9.6.4 Market Size & Forecast By Deployment
          9.6.5 Market Size & Forecast By Industry Vertical
          9.6.6 Market Size & Forecast By Organization Size

10 Password Management: Market Landscape (Page No. - 113)
     10.1 End User Landscape
             10.1.1 Market Opportunity Analysis
             10.1.2 End User Analysis
                        10.1.2.1 End Users Adoption of Password Management Solutions
                        10.1.2.2 Loopholes Associated With Password Management System

11 Company Profiles (Page No. - 116)
     (Overview, Products & Services, Strategies & Insights, Developments and MNM View)* 
     11.1 Avatier
     11.2 Ca Technologies
     11.3 Courion Corporation
     11.4 Dell Sonicwall
     11.5 Fastpass Corp
     11.6 Hitachi ID Systems
     11.7 IBM
     11.8 Netiq
     11.9 Microsoft
     11.1 Sailpoint Technologies

*Details on Overview, Products & Services, Strategies & Insights, Developments and MNM View Might Not Be Captured in Case of Unlisted Companies. 

Appendix  (Page No. - 149)
     Mergers and Acquisitions (M&A)


List of Tables (65 Tables)

Table 1 Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 2 Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 3 Password Management Market Growth, By Type, 2015 – 2019 (Y-O-Y %) 
Table 4 Self-Service Password Reset (SSPR) Market Size, By Region, 2014 – 2019 ($Million) 
Table 5 Privileged User Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 6 SSPR Market Size, By Access, 2014 – 2019 ($Million)
Table 7 SSPR Market Growth, By Access, 2015 – 2019 (Y-O-Y %)
Table 8 Desktop, SSPR Market Size, By Region, 2014 – 2019 ($Million)
Table 9 Mobile Devices, SSPR Market Size, By Region, 2014 – 2019 ($Million) 
Table 10 Voice Enabled Password Reset, SSPR Market Size, By Region, 2014 – 2019 ($Million)
Table 11 SSPR Market Size, By Deployment, 2014 – 2019 ($Million)
Table 12 SSPR Market Growth, By Deployment, 2015 – 2019 (Y-O-Y %)
Table 13 On-Premise, SSPR Market Size, By Region, 2014 – 2019 ($Million) 
Table 14 Hosted, SSPR Market Size, By Region, 2014 – 2019 ($Million)
Table 15 Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million)
Table 16 Password Management Market Growth, By Industry Vertical, 2015 – 2019 (Y-O-Y %)
Table 17 BFSI, Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 18 BFSI, Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 19 Telecom and It , Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 20 Telecom and It, Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 21 Energy, Oil and Gas, Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 22 Energy, Oil and Gas, Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 23 Public Sector and Utilities, Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 24 Public Sector and Utilities, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 25 Manufacturing, Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 26 Manufacturing, Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 27 Education, Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 28 Education, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 29 Healthcare, Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 30 Healthcare, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 31 Retail and Wholesale Distribution, Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 32 Retail and Wholesale Distribution, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 33 Others, Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 34 Others, Password Management Market Size, By Region, 2014 – 2019 ($Million) 
Table 35 Password Managemement Market Size, By Organization Size, 2014 – 2019 ($Million)
Table 36 Password Management Market Growth, By Organization Size, 2015 – 2019 (Y-O-Y %)
Table 37 Small-Sized Businesses, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 38 Medium-Sized Businesses, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 39 Enterprises, Password Management Market Size, By Region, 2014 – 2019 ($Million)
Table 40 Password Management Market Growth, By Region, 2015 – 2019 (Y-O-Y %) 
Table 41 North America: Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 42 North America: SSPR Market Size, By Access, 2014 – 2019 ($Million) 
Table 43 North America: SSPR Market Size, By Deployment, 2014 – 2019 ($Million) 
Table 44 North America: Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million) 
Table 45 North America: Password Management Market Size, By Organization Size, 2014 – 2019 ($Million) 
Table 46 Europe: Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 47 Europe: SSPR Market Size, By Access, 2014 – 2019 ($Million)
Table 48 Europe: SSPR Market Size, By Deployment, 2014 – 2019 ($Million) 
Table 49 Europe: Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million)
Table 50 Europe: Password Management Market Size, By Organization Size, 2014 – 2019 ($Million)
Table 51 APAC: Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 52 APAC: SSPR Market Size, By Access, 2014 – 2019 ($Million)
Table 53 APAC: SSPR Market Size, By Deployment, 2014 – 2019 ($Million)
Table 54 APAC: Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million)
Table 55 APAC: Password Management Market Size, By Organization Size, 2014 – 2019 ($Million)
Table 56 MEA: Password Management Market Size, By Type, 2014 – 2019 ($Million) 
Table 57 MEA: SSPR Market Size, By Access, 2014 – 2019 ($Million)
Table 58 MEA: SSPR Market Size, By Deployment, 2014 – 2019 ($Million)
Table 59 Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million)
Table 60 MEA: Password Management Market Size, By Organization Size, 2014 – 2019 ($Million)
Table 61 Latin America: Password Management Market Size, By Type, 2014 – 2019 ($Million)
Table 62 Latin America: SSPR Market Size, By Access, 2014 – 2019 ($Million) 
Table 63 Latin America: SSPR Market Size, By Deployment, 2014 – 2019 ($Million) 
Table 64 Latin America: Password Management Market Size, By Industry Vertical, 2014 – 2019 ($Million) 
Table 65 Latin America: Password Management Market Size, By Organization Size, 2014 – 2019 ($Million) 
 
 
List of Figures (14 Figures)

Figure 1 Password Management Market: Data Triangulation & Market Forecasting
Figure 2 Password Management Market: Region Share (2014)
Figure 3 Password Management: Market Evolution
Figure 4 Password Management: Market Segmentation
Figure 5 Password Management: Time Impact Analysis
Figure 6 Password Management Market: Value Chain
Figure 7 Password Management Market Growth, By Type, 2015 – 2019 (Y-O-Y %) 
Figure 8 SSPR Market Growth, By Access Type, 2015 – 2019 (Y-O-Y %)
Figure 9 SSPR Market Growth, By Deployment, 2015 – 2019 (Y-O-Y %)
Figure 10 Password Management Market Growth, By Industry Vertical, 2015 – 2019 (Y-O-Y %)
Figure 11 Password Management Market Growth, By Organization Size, 2015 – 2019 (Y-O-Y %)
Figure 12 Password Management Market: By Regions
Figure 13 Password Management Market Growth, By Region, 2015 – 2019 (Y-O-Y %) 
Figure 14 Password Management: Market Opportunity Analysis

The need to maintain passwords for better security and usage of systems have become extremely important. Ever-growing increase in the number of complex systems deployed by the organizations, and strict rules for creating and changing passwords have made it difficult for the users, to manage their passwords on their own. On the other hand the password management problems due to forgotten passwords and hacked passwords block the helpdesk systems, cause expensive delay and loss of productivity. TThese issues can be easily solved with password management options namely self services password management and privileged password management. Self services password management enables the users to regenerate their passwords on their own, without taking any help from the help desk. Privileged password management market solutions provide password management for the privileged accounts through frequent randomization of passwords, privileged session recording, automated password resets etc. These solutions reduce the conjunction at the helpdesk and increase the productivity of the organizations.

Strict regulatory compliance and increase in the number of ways by which passwords can be reset, are the two major factors driving this market. Other then these two, cost reduction associated with help desk is also another prime factor for growth of this market. Though password management solutions have so many advantages still the market is struggling due to low success rate of password self service projects and growing need of built-in synchronization, customization and extension requirements. However, the adoption of self services password reset solutions by SMBs seems to be a great opportunity for this market. Though these small businesses have limited small budgets but due to strict compliance mandate and increasing threats, they are bound to use proper security measures. This growing trend is increasing the growth of password reset market.

These password management solutions can be deployed either on premise or through hosted deployment method. The growing cloud market is also a great opportunity for the password management solutions. Some of the major players providing password management solutions are Avatier, CA Technologies, Curion Corporation, Dell, FastPass Corporation, Hitachi ID System, IBM, Knowledge Secure System, Microsoft and SailPoint.

The total Overall Password Management market is expected to grow from $311 million in 2014 to $709.6 million by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 17.9 % from 2014 to 2019.

Table 1 Password Management Market size and Forecast ($ Million), Y-O_Y(%)2014-2019

Password Management Market

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