Demand for privileged access management (PAM) solutions will continue to increase in the next 5 years because of the stringent requirements for compliance and concerns about data privacy and security (particularly in highly regulated industries).On-premises solutions will continue to be widely adopted among businesses in the Asia-Pacific region because of requirements for privacy, full control of solutions, performance, and compliance, mainly in ASEAN countries, Japan, South Korea, and China.
Overall, PAM solutions will remain strong among large enterprises and organizations that have complex infrastructure, networks, and critical and valuable data that are often accessed by different departments and accounts.Market trends are analyzed for the study period 2018 to 2024, with the base year being 2019. The vertical segmentation includes government; banking, financial services, and insurance (BFSI); service providers; manufacturing; education; healthcare; and others including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITeS, utilities, eCommerce, and BPOs.
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