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(MoneyNewsWire.Net, March 29, 2018 ) The Global User Provisioning Market was valued at USD 3.92 billion in 2016 and is projected to reach USD 11.15 billion by 2025, growing at a CAGR of 12.32% from 2017 to 2025.
User provisioning system intends to help organizations more quickly, cheaply, reliably and securely manage information about users on multiple systems and applications. User provisioning system is more efficient, more secure and is quick in its action. This system helps the user to have improved employee productivity, streamlined user-centric administration, fast return on investment, and enforcement of regulatory compliance requirements.
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Market Dynamics:
1. Market Drivers
1.1 Incorporation the Management Strategies with Organizational Strategic Initiatives
1.2 Increasing need for User Compliance Management and Governance
1.3 Rising Concerns for Security and Risk Mitigation
1.4 Increasing Adoption of Cloud-based Single User and Password Management Solutions
2. Market Restraints
2.1 Security Concerns
2.2 Lack of Technical Expertise and Awareness
2.3 High Manual Provisioning and Deprovisioning Costs
Market Segmentation:
The Global User Provisioning Market is segmented on the application, component, function, organization size, deployment model, vertical, and region.
Competitive Landscape:
The major players in the market are as follows:
1. Centrify Corporation
2. Oracle Corporation
3. Hitachi ID Systems
4. IBM Corporation
5. ATOS
6. Happiest Minds
7. Empowerid
8. CA Technologies
9. Dell
10. SAP SE
11. Microsoft Corporation
12. Onelogin
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global User Provisioning Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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