IBM (US) and Hitachi ID Systems (Canada) are the Leading Players in the User Provisioning Market
The user provisioning market is gaining traction, due to the rising adoption of cloud-based Single Sign-On (SSO) and password management solutions, and the rise in awareness and criticality of user compliance management and governance. The increasing traction of security and risk mitigation, and the critical need for centrally managed user provisioning and reliable authentication solutions are some of the other factors contributing to the growth of the user provisioning market. MarketsandMarkets forecasts the global user provisioning market size to grow from USD 4.25 Billion in 2017 to USD 7.56 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2%.
There are several established players in the user provisioning market. Some of these players are IBM (US), Oracle (US), CA Technologies (US), Microsoft (US), Hitachi ID Systems (Canada), SAP (Germany), Dell (US), Happiest Minds (India), OneLogin (US), EmpowerID (US), Centrify Corporation (US), and Atos (France). These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new product developments, to achieve growth in the global user provisioning market.
IBM is one of the leading players in the user provisioning market. The company has adopted both organic and inorganic growth strategies to enhance its market presence. It enters into various partnerships and strategic alliances with local as well as global players. In 2014, IBM acquired Lighthouse Security Group, LLC, a leading cloud security services provider. This acquisition would help IBM integrate Lighthouse Security Group’s Gateway platform to provide a full suite of functionalities based on IBM Security Identity and Access Management (IAM) capabilities. It would also enable IBM to provide various features, such as user provisioning, identity life cycle governance, SSO, enterprise user registry services, federation, and user self-service, to its commercial clientele.
Hitachi ID Systems is another established vendor in the user provisioning market. The company has a strong geographic presence worldwide, including the regions of North America, Asia Pacific (APAC), Middle East and Africa (MEA), Europe, and Latin America. The company focuses more on inorganic growth strategies to tap the opportunities in the user provisioning market. In 2015, Hitachi ID Systems partnered with HDS Corporation, a wholly-owned subsidiary of Hitachi, Ltd. This partnership would enable Hitachi ID Systems to bundle its IAM suite, which consists of Hitachi ID Identity Manager, Hitachi ID Password Manager, and Hitachi ID Privileged Access Manager, with select Hitachi Content Platform and Hitachi Unified Compute Platform offerings from HDS.
Related Reports:
User Provisioning Market by Business Application (Role Management, Password Management, User Log Management, User Governance and Compliance), Service (Professional and Managed), Business Function (IT, HR, and Finance), Vertical - Global Forecast to 2022
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