Password Management Market

The global password management market grew at a CAGR of around 16% during 2014-2019. A password is a series of characters that allows access to a service or device while offering a line of protection against unauthorized access. Password management is a software solution that assists in managing and organizing passwords present on a server, network appliance and a computer system of an IT infrastructure. It is primarily used as a tool for information security and governance by the end users to audit, secure, manage and monitor activities associated with privileged accounts. These software systems are not only restricted to enterprises but are also used by individuals as a security tool. They protect against cyber-attacks and safeguard sensitive data, files, financial records and legal information.

The emergence of cloud computing, Internet of Things (IoT) and other digital frameworks across the globe is the key factor driving the growth of the market. Password management solutions are increasingly being adopted by global enterprises to reset and manage their passcodes conveniently. Owing to the cost-effective and timesaving features, the systems are being widely used for automated password resets, frequent passcode randomization and session recordings. Furthermore, with an increasing number of online transactions conducted through the internet, passcode management has become crucial for protecting online information and preventing online frauds. Additionally, resulting from the growing concern for cybersecurity, various stringent and complex password generation rules have been implemented, which is further favoring the adoption of password management systems across the globe. Rising instances of security breaches by hackers have enhanced the adoption of password management systems that are deployed either on-premise or over the cloud. Looking forward, the global password management market is expected to exhibit strong growth during the next five years.

IMARC Group’s latest report provides a deep insight into the global password management market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the password management market in any manner.

Breakup by Type:

• Self-Service Password Management
• Privileged User Password Management
   

Breakup by Access:

• Mobile Devices and Tablets
• Desktop and Laptops
• Voice Enabled Password Systems
• Others
   

Breakup by Deployment Type:

• On-Premise
• Hosted
   

Breakup by End-User:

• Small and Medium Sized Organizations
• Large Organizations
• Others
   

Breakup by Vertical:

• Healthcare
• BFSI
• Public Sector
• IT & Telecom
• Retail & Consumer Goods
• Education
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Columbia
  • Chile
  • Peru
  • Others
• Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Avatier, CA Technologies, Centrify, Core Security Technologies, FastPassCorp, Google Inc., Hitachi ID Systems Inc., IBM, Microsoft Corporation, Micro Focus, NetIQ Corp., SailPoint Technologies, SonicWall, etc.

Key Questions Answered in This Report:

• How has the global password management market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What has been the impact of COVID-19 on the global password management market?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the access?
• What is the breakup of the market based on the deployment type?
• What is the breakup of the market based on the end-user?
• What is the breakup of the market based on the vertical?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the market?
• What is the structure of the global password management market and who are the key players?
• What is the degree of competition in the market?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Password Management Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Self-Service Password Management
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Privileged User Password Management
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Access
    7.1    Mobile Devices and Tablets
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Desktop and Laptops
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Voice Enabled Password Systems
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Deployment Type
    8.1    On-Premise
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Hosted
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End-User
    9.1    Small and Medium Sized Organizations
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Large Organizations
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Vertical
    10.1    Healthcare
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    BFSI
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Public Sector
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    IT & Telecom
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Retail & Consumer Goods
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Education
        10.6.1 Market Trends
        10.6.2 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Europe
        11.2.1 Germany
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 France
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 United Kingdom
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 Italy
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Spain
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Russia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Asia Pacific
        11.3.1 China
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 Japan
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 India
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 South Korea
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Australia
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Indonesia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Argentina
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
        11.4.4 Columbia
           11.4.4.1 Market Trends
           11.4.4.2 Market Forecast
        11.4.5 Chile
           11.4.5.1 Market Trends
           11.4.5.2 Market Forecast
        11.4.6 Peru
           11.4.6.1 Market Trends
           11.4.6.2 Market Forecast
        11.4.7 Others
           11.4.7.1 Market Trends
           11.4.7.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Turkey
           11.5.1.1 Market Trends
           11.5.1.2 Market Forecast
        11.5.2 Saudi Arabia
           11.5.2.1 Market Trends
           11.5.2.2 Market Forecast
        11.5.3 Iran
           11.5.3.1 Market Trends
           11.5.3.2 Market Forecast
        11.5.4 United Arab Emirates
           11.5.4.1 Market Trends
           11.5.4.2 Market Forecast
        11.5.6 Others
           11.5.6.1 Market Trends
           11.5.6.2 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Avatier
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
        15.3.2    CA Technologies
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio 
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Centrify
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
        15.3.4    Core Security Technologies
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
        15.3.5    FastPassCorp
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
        15.3.6    Google Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Hitachi ID Systems Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
        15.3.8    IBM
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio 
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Microsoft Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Micro Focus
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
        15.3.11    NetIQ Corp.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
        15.3.12    SailPoint Technologies 
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio 
           15.3.12.3 Financials
        15.3.13    SonicWall 
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio 
        
List of Figures

Figure 1: Global: Password Management Market: Major Drivers and Challenges
Figure 2: Global: Password Management Market: Sales Value (in Million US$), 2014-2019
Figure 3: Global: Password Management Market: Breakup by Type (in %), 2019
Figure 4: Global: Password Management Market: Breakup by Access (in %), 2019
Figure 5: Global: Password Management Market: Breakup by Deployment Type (in %), 2019
Figure 6: Global: Password Management Market: Breakup by End-User (in %), 2019
Figure 7: Global: Password Management Market: Breakup by Vertical (in %), 2019
Figure 8: Global: Password Management Market: Breakup by Region (in %), 2019
Figure 9: Global: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Password Management (Self-Service Password Management) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Password Management (Self-Service Password Management) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Password Management (Privileged User Password Management) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Password Management (Privileged User Password Management) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Password Management (Mobile Devices and Tablets) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Password Management (Mobile Devices and Tablets) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Password Management (Desktop and Laptops) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Password Management (Desktop and Laptops) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Password Management (Voice Enabled Password Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Password Management (Voice Enabled Password Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Password Management (Other Access Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Password Management (Other Access Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Password Management (On-Premise) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Password Management (On-Premise) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Password Management (Hosted) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Password Management (Hosted) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Password Management (Small and Medium Sized Organizations) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Password Management (Small and Medium Sized Organizations) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Password Management (Large Organizations) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Password Management (Large Organizations) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Password Management (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Password Management (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Password Management (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Password Management (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Password Management (BFSI) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Password Management (BFSI) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Password Management (Public Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Password Management (Public Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: Password Management (IT & Telecom) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: Password Management (IT & Telecom) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: Password Management (Retail & Consumer Goods) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: Password Management (Retail & Consumer Goods) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: Password Management (Education) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Password Management (Education) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: Password Management (Other Verticals) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: Password Management (Other Verticals) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: North America: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: North America: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: United States: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: United States: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Canada: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Canada: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Europe: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Europe: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Germany: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Germany: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: France: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: France: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: United Kingdom: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: United Kingdom: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Italy: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Italy: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Spain: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Spain: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Russia: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Russia: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Others: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Others: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Asia Pacific: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Asia Pacific: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: China: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: China: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Japan: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Japan: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: India: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: India: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: South Korea: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: South Korea: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Australia: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Australia: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Indonesia: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Indonesia: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Others: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Others: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Latin America: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Latin America: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: Brazil: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: Brazil: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: Mexico: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: Mexico: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Argentina: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Argentina: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: Columbia: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: Columbia: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Chile: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Chile: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Peru: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 97: Peru: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 98: Others: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 99: Others: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 100: Middle East and Africa: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 101: Middle East and Africa: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 102: Turkey: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 103: Turkey: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 104: Saudi Arabia: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 105: Saudi Arabia: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 106: Iran: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 107: Iran: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 108: United Arab Emirates: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 109: United Arab Emirates: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 110: Others: Password Management Market: Sales Value (in Million US$), 2014 & 2019
Figure 111: Others: Password Management Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 112: Global: Password Management Industry: SWOT Analysis
Figure 113: Global: Password Management Industry: Value Chain Analysis
Figure 114: Global: Password Management Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Password Management Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Password Management Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Global: Password Management Market Forecast: Breakup by Access (in Million US$), 2020-2025
Table 4: Global: Password Management Market Forecast: Breakup by Deployment Type (in Million US$), 2020-2025
Table 5: Global: Password Management Market Forecast: Breakup by End-User (in Million US$), 2020-2025
Table 6: Global: Password Management Market Forecast: Breakup by Vertical (in Million US$), 2020-2025
Table 7: Global: Password Management Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Password Management Market: Competitive Structure
Table 9: Global: Password Management Market: Key Players