San Francisco, California, March 19, 2018: The global user provisioning market is forecast to show strong growth in the coming years. The rising demand for password management solutions and increasing adoption of cloud-based single sign-on will fuel the demand for user provision. In a report, titled “User Provisioning Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” TMR Research presents insights into the various factors contributing to the market’s growth over the last couple of years. Besides this it highlights trends currently prevalent in the market and gauges its potential trajectory between 2017 and 2025.
Proliferation of IoT and the increasing exposure to cloud have enabled risk mitigation and security services gain magnified traction. In addition, the awareness about user compliance management and governance has created an environment conducive to the growth of the global user provision market. Spurred by these factors, the demand for reliable solutions has significantly increased. Also, the market is set to witness robust growth steered by the rising application of role management business. With this, the demand for role-based user provisioning will accelerate especially among IT administrators. Role-based provisioning supports accurate decision-making.
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Regionally, North America is likely to hold dominance in the global user provision market. The escalating reports of frauds and identity thefts in the region has emerged as a crucial driving factor for the user provision market. Besides this, the region is foretold to gain from the early adoption of innovations in security provisions. These provisions are often accompanied with novel technological implementation as companies have rapidly become proactive. In addition, Asia Pacific is envisioned to showcase lucrative prospects through the forecast period.
Some of the leading companies operating in the global user provisioning market are Oracle, Microsoft, Hitachi ID Systems, CA Technologies, and IBM.