Role-based Access Control Market Growth Size, Opportunities, Future Scope, Business Scenario, Share, Key Segments And Forecast To 2027

Role-based Access Control Market Growth Size, Opportunities, Future Scope, Business Scenario, Share, Key Segments And Forecast To 2027

“Microsoft (US), AWS (US), SolarWinds (US), IBM (US), ManageEngine (US), Oracle (US), JumpCloud (US), Okta (US), ForgeRock (US) and Ping Identity (US), BeyondTrust (US), SailPoint(US), CyberArk (US), Broadcom (US), SecureAuth(US), Varonis (US), Edgile (US), Imprivata (US), and Bravura Security (Canada).”
Role-based Access Control Market by Component (Solutions and Services (Implementation & Integration, Training & Consulting, Support & Maintenance), Model Type, Organization Size (SMEs and Large Enterprises), Vertical and Region – Global Forecast to 2027.

The role-based access control market is projected to grow at a Compound Annual Growth Rate (CAGR) of 12.2% over the forecast period, increasing from USD 8.7 billion in 2022 to USD 15.5 billion by 2027.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46615680  

By component, the services segment is expected to grow at a higher CAGR during the forecast period.

The services segment includes professional services. Professional services have been further classified into implementation & integration, training & consulting, and support & maintenance. Training & consulting services enable enterprises to choose the best possible solutions and services depending on the size, requirement, and usage, among others, of the company. Support & maintenance services provide enterprises with the technical, customer, and backup support to ensure uninterrupted operational activities. With the increasing adoption of role-based access control solutions across various industry verticals, the demand for supporting services is also increasing among organizations.

Large enterprises segment to hold significant market share in 2022.

Enterprises with more than 1,000 employees are considered large enterprises. Large enterprises are the early adopters of role-based access control solutions, as they utilize multiple applications which are prone to fraudulent attacks. RBAC makes it possible to systematically implement and manage a least privilege policy across a large geographically distributed organization. RBAC also enables large organizations to implement standardized enforcement policies, demonstrating the controls required for regulatory compliance and providing users with appropriate access to get their jobs done.

North America held the largest market size in 2022.

North America comprises the US and Canada. The region holds the largest market share of the global role-based access control market. The large share of the region can be mainly attributed to the growing incidents of fraud with the outbreak of COVID-19. The U.S. Federal Trade Commission (FTC) received more than 5.88 million fraud reports in 2021, a 19% increase from the last year. The changing nature of work and workforces, the adoption of cloud-based applications, and the need to meet compliance requirements are boosting the adoption of role-based access management solutions in the region.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=46615680  

Unique Features in the Role-based Access Control Market

A key feature of RBAC is the ability to provide granular control over user access based on defined roles within an organization. This allows for precise management of who can access specific resources, data, or applications. By assigning roles according to job functions or responsibilities, businesses can ensure that users only have access to the information necessary for their duties, reducing the risk of unauthorized access.

RBAC solutions are highly scalable, making them suitable for both small businesses and large enterprises. As organizations grow, RBAC systems can easily accommodate an increasing number of users, roles, and access permissions. This scalability is essential for organizations with complex infrastructures, ensuring that access management remains efficient even as operations expand.

RBAC solutions offer centralized management of access controls, allowing administrators to define and enforce policies across the entire organization from a single platform. This centralized approach streamlines access management, simplifies compliance, and reduces the administrative burden associated with managing permissions for numerous users across different departments or locations.

Modern RBAC systems often include dynamic role assignment features, where roles and permissions can be automatically adjusted based on changes in a user’s job function or responsibilities. This dynamic capability ensures that users always have the appropriate access levels, reducing the chances of over-privileged access while improving the overall security posture of the organization.

A standout feature in the RBAC market is its integration with multi-factor authentication (MFA) technologies. Combining RBAC with MFA adds an additional layer of security by requiring multiple forms of verification before granting access to sensitive systems or data.

Major Highlights of the Role-based Access Control Market

A key highlight of RBAC solutions is their ability to enhance security by limiting access to sensitive systems and data based on user roles. This minimizes the risk of insider threats and unauthorized access, providing a critical layer of protection against both external attacks and internal misuse. By enforcing role-based permissions, organizations can better protect themselves from security breaches and data leaks.

RBAC plays a pivotal role in helping organizations comply with various regulatory frameworks such as GDPR, HIPAA, and PCI-DSS. The ability to assign and manage access based on roles simplifies the enforcement of data protection policies, ensuring that sensitive information is only accessible by authorized personnel. This also streamlines auditing and reporting processes, helping organizations meet compliance standards more efficiently.

The scalability of RBAC solutions is a major highlight, making them suitable for organizations of all sizes, from small businesses to large enterprises. As companies grow and their IT environments become more complex, RBAC systems can easily scale to accommodate increasing numbers of users, roles, and permissions without compromising security or operational efficiency. This scalability is especially important for businesses undergoing digital transformation or expanding their infrastructure.

RBAC solutions offer automation features that significantly reduce the administrative burden associated with managing user permissions. Automated role assignment and deprovisioning ensure that access rights are consistently updated, especially when employees change roles or leave the organization. This not only enhances security but also improves operational efficiency by eliminating manual, error-prone processes.

As more organizations adopt cloud-based and hybrid infrastructures, RBAC solutions have adapted to support these environments. Modern RBAC platforms can seamlessly integrate with cloud services, ensuring consistent access controls across on-premise, cloud, and hybrid setups. This flexibility allows organizations to maintain security and control while embracing new technologies and remote working models.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=46615680  

Top Companies in the Role-based Access Control Market

The major players operating in the role-based access control market are  Microsoft (US), AWS (US), SolarWinds (US), IBM (US), ManageEngine (US), Oracle (US), JumpCloud (US), Okta (US), ForgeRock (US) and Ping Identity (US), BeyondTrust (US), SailPoint(US), CyberArk (US), Broadcom (US), SecureAuth(US), Varonis (US), Edgile (US), Imprivata (US), and Bravura Security (Canada).

Microsoft is one of the leading companies that develops, manufactures, supports, and sells a range of software products and services. The company provides various solutions for cloud, mobility, and productivity. Microsoft’s major cloud offerings include SaaS (Microsoft Dynamics Online [Enterprise Resource Planning (ERM) + CRM] and O365 Online), and IaaS and PaaS (Microsoft Azure [compute, integration, and networking]). Microsoft has invested heavily in managed services for hybrid cloud, IoT, and edge computing platforms. In the role-based access control market, Microsoft offers Azure RBAC to manage access to Azure resources. The Azure Active Directory roles control access to Azure AD resources such as users, groups, and applications using the Microsoft Graph API. Azure roles control access to Azure resources such as virtual machines or storage using Azure resource management.   Innovations, such as Azure Sphere, Digital Twins, and Azure IoT Central, have placed Microsoft ahead of its competition in the IIoT and edge computing industries. The company introduced Azure Edge Zones, a convergence of cloud-managed services, hardware, and high-speed 5G networks. It caters to several verticals, including healthcare, retail, government, BFSI, manufacturing, and education. The company caters to a broad customer base in over 100 countries and has a presence in North America, Asia Pacific, Latin America, the Middle East & Africa, and Europe.

 

AWS is a subsidiary of Amazon.com Inc. It provides information technology services. The company offers website hosting, backup, digital marketing, analytics, application integration, blockchain, networking, and other related services. It also offers a variety of services for edge devices. In the role-based access control market, Amazon Cognito and customer identity and access management solution offer role-based access to AWS services, such as Amazon S3, Amazon DynamoDB, and AWS Lambda. Amazon Cognito offers capabilities such as creating roles for role mapping, granting pass role permission, using tokens to assign roles to users, and using rule-based mapping to assign roles to users. The company operates in North America, the Middle East & Africa, Asia Pacific, and Latin America through its strong partner network. It caters to various industries, including automotive, consumer goods, energy, financial services, gaming, education, government, healthcare and life sciences, manufacturing, media and entertainment, retail, telecom, travel and hospitality, and power and utilities.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103
City: Delray Beach
State: FL 33445
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/role-based-access-control-market-46615680.html