Role-based Access Control Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast -2027

Role-based Access Control Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast -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 size is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period, to reach USD 15.5 billion by 2027 from USD 8.7 billion in 2022.

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.

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

Unique Features in the Role-based Access Control Market

To improve security posture, RBAC systems incorporate dynamic access control techniques that modify permissions in real-time based on user behaviour, location, and contextual data.

By taking into account different user qualities (such as job function, department, and clearance level) when determining access, ABAC enhances traditional RBAC and offers more flexibility and granular control over access rights management.

By combining policy-based access control with RBAC solutions, businesses can create access policies that are in line with both business goals and regulatory compliance requirements. This guarantees that access rules are consistently enforced.

In order to ensure effective access provisioning and revocation, RBAC platforms are merging with IGA solutions to ease identity lifecycle management, governance procedures, and compliance reporting.

In order to establish more stringent controls over privileged accounts and activities and lower the risk of insider threats and unauthorised access to sensitive data and systems, RBAC systems are combining with PAM solutions.

Major Highlights of the Role-based Access Control Market

RBAC solutions are being more widely used in vertical markets like healthcare, banking, government, and retail. These markets are adopting RBAC solutions that are customised to meet industry needs due to strict access restrictions and compliance requirements.

In order to maximise user productivity and pleasure while preserving security, RBAC suppliers are putting more of an emphasis on the user experience. They accomplish this by providing self-service features, mobile-friendly access controls, and intuitive interfaces.

Demand for RBAC solutions, which assist organisations in enforcing access controls, monitoring user behaviour, and proving compliance with data protection and privacy standards, is being driven by compliance with regulations like GDPR, CCPA, HIPAA, and PCI DSS.

RBAC is essential to the deployment of Zero Trust security frameworks, which do not rely only on network perimeters for access choices, but also continuously verify user identification, device posture, and contextual data.

Identity governance and administration capabilities are being added by RBAC suppliers to their products, giving enterprises a more complete solution for handling identities, access, and compliance needs.

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 have adopted various growth strategies to expand their global presence and increase their market reach to enhance their customer base. Key players such as Microsoft (US), AWS (US), SolarWinds(US), IBM (US), and ManageEngine (US) have adopted strategies such as product launches and upgradations, partnerships, agreements, and mergers and acquisitions to gain market presence and support the growth of the global role-based access control market.

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. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/role-based-access-control-market-46615680.html