The global User Provisioning Market size is expected 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%. The major forces driving the growth of the user provisioning market include the rising adoption of cloud-based Single Sign-On (SSO) and password management solutions, the growing awareness of user compliance management and governance, and the increasing traction of security and risk mitigation.
User provisioning solutions manage the critical information security programs to help organizations achieve the goal of maintaining their system security. These solutions utilize the latest technologies to manage, record, and store user identities and to provide organizations the permission to access the various enterprise resources. Moreover, they help in delivering the business requirements to make identity-focused security operations more efficient and to comply with business-driven regulations, and legal reporting and auditing. User provisioning solutions offer users the pricing flexibility for the deployment and maintenance of support programs. These solutions also offer privileged access security, which empowers IT teams to gain control over the privileged users and their accounts. It also provides granular visibility on how identities are actually used by the users.
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The trending technologies, such as Identity and Access Management (IAM), big data analytics, and data mining, play vital roles in the user provisioning market. These technologies help an enterprise manage the enterprise information security, reduce the risks of data loss, and optimize the business processes. IAM-based solutions cater to the specific need of the customers. These solutions help in accessing the resources on premises, managing directories to store identity information and credentials, and providing SSO permission for accessing multiple computer platforms. They also offer password recognition and biometric recognition. The emerging big data analytics-based user provisioning solutions facilitate the processing of large volumes of data and detect threats within the systems.
The system integration services segment is expected to grow at the highest CAGR during the forecast period.
System integration supports the integration of the vendor’s provisioning offerings into the client’s business functions or the existing internal security mechanism. System integration implements user provisioning solutions to protect an enterprise’s internal data and to provision the user roles. Moreover, it also provides identification of employees, analysis of security risks, detection of unauthorized access, and maintenance of security.
The education segment is expected to be the fastest growing vertical in the user provisioning market during the forecast period.
Educational institutions are easily becoming prone to cyber threats, and provisioning concerns are great challenges for the IT departments of educational institutes. Additionally, the need for provisioning, administration and management, and user log and password management is increasing in the educational vertical to provide students, teachers, and administrators access to valuable resources, such as journals, databases, and eBooks, more efficiently and effectively.
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