ENTITY MANAGEMENT SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Global Entity Management Software Market is estimated to be valued at USD 140.11 Bn in 2024 and is expected to reach USD 310.35 Bn by 2031, growing at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.
Entity management software is a platform that helps organizations to gain visibility and control over access to critical data, applications and infrastructure. It provides a centralized view of digital entities like users, devices, applications and services. By consolidating identity data from across different sources, entity management solutions help improve security, compliance and user experience. They automate mundane identity management tasks like access provisioning, deprovisioning and access certifications through intuitive workflow designs. With growing security threats from both external and insider sources, there is a rising need for organizations to adopt entity management systems to protect valuable data and infrastructure.
Market Dynamics
The global entity management software market is driven by the increasing security breaches involving identity theft and demand for centralized identity governance. The rapid proliferation of cloud, mobile and IoT technologies is expanding the attack surface for cybercriminals. This is compelling organizations to tightly monitor and control all digital identities. At the same time, regulatory mandates around data privacy like GDPR are prompting businesses to adopt robust identity access management solutions. However, budget constraints, complex deployment and lack of skilled resources pose challenges to adoption of entity management platforms. On the positive side, the market sees opportunities from growing traction for identity-as-a-service and rise of blockchain-based decentralized identity solutions.
Key features of the study:
- This report provides in-depth analysis of the global entity management software market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global entity management software market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Deloitte, Diligent Corporation, Athennian, Corporatek Inc., EntityKeeper, Symfact, Berkman Solutions, Viewpoint, Computershare, TGConnect, Askival Systems B.V., Harbor Compliance, Blika Solutions AB, Paper Interactive, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global entity management software market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global entity management software market.
Market Segmentation
Market Segmentation
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