report-image

Role-based Access Control Market Analysis By Component (Solution, Services), By Deployment Mode (On Premise, Cloud), By End User (BFSI, Retail, Governments and Public Sector, Industrial, Healthcare) & Forecast 2024-2035

  • PUBLISHED ON
  • 4/6/2023
  • NO OF PAGES
  • 255
  • CATEGORY
  • Information Technology
Market Overview:
The global Role-based Access Control Market size was valued at USD 10.56 billion in 2022, and is projected to reach USD 20.57 billion by 2032 at a CAGR of 18.5% from 2022 to 2032. Role-based access control (RBAC) is a security model that restricts system access based on user roles and responsibilities. In other words, RBAC ensures that users can only access the information and resources they need to perform their job functions. RBAC is an important aspect of security management as it helps prevent unauthorized access to sensitive data and critical systems. The Role-based access control market has been growing steadily over the years, driven by the increasing need for better access control solutions.
One of the major trends in the Role-based access control market is the adoption of cloud-based RBAC solutions. With the growing adoption of cloud computing, many organizations are shifting their applications and data to the cloud, making it crucial to have RBAC solutions that can work seamlessly with cloud environments. Cloud-based RBAC solutions offer several benefits such as scalability, flexibility, and cost-effectiveness, which is driving their adoption across various industries. RBAC solutions that leverage AI and ML can help organizations automate the process of assigning roles and permissions to users. These solutions can also detect and mitigate security threats in real-time, ensuring that only authorized users have access to critical systems and data. Moreover, the Role-based access control market is witnessing significant opportunities due to the increasing demand for RBAC solutions in the healthcare sector. The healthcare industry is facing a growing number of security threats, including data breaches and cyber-attacks. To mitigate these risks, healthcare organizations are implementing RBAC solutions that ensure secure access to patient data, reduce the risk of data breaches, and ensure compliance with data protection regulations. In conclusion, RBAC solutions play a crucial role in ensuring the security and integrity of information systems. With the growing demand for RBAC solutions, the Role-based access control market is expected to witness significant growth in the coming years. The adoption of cloud-based solutions, the use of AI and ML technologies, and the increasing demand from the healthcare sector are some of the major trends and opportunities in the Role-based access control market that are driving its growth.
Growing demand for data security and privacy is propelling Role-based access control market growth.
One of the driving factors of the Role-based access control market is the increasing need for data security and privacy in various industries such as banking, healthcare, and government. RBAC systems help to ensure that only authorized personnel have access to sensitive information, which is crucial in preventing data breaches and cyber-attacks. As more organizations realize the importance of data security, the demand for Role-based access control market is expected to increase. However, one of the main restraints of the Role-based access control market is the complexity of implementing these systems. RBAC systems require extensive planning, testing, and training before they can be fully implemented, which can be time-consuming and costly. Additionally, RBAC systems can be difficult to manage and maintain, requiring ongoing updates and modifications as organizations evolve and change. These challenges may deter some organizations from adopting RBAC solutions, which could limit the growth of Role-based access control market.
Segmentation:
By Component
• Solution
• Services
By Deployment Mode
• On Premise
• Cloud
By End User
• BFSI
• Retail
• Governments and Public Sector
• Industrial
• Healthcare

Geography:
The Role-based access control market is dominated by North America, particularly the United States. This is due to the increasing adoption of RBAC solutions by various organizations in the region to improve their security posture and comply with regulatory requirements. The presence of a large number of RBAC solution providers and the growing number of partnerships and collaborations between vendors and end-users in the region also contribute to the dominance of North America in the Role-based access control market. However, with the increasing adoption of RBAC solutions by organizations in Asia-Pacific and Europe, these regions are also expected to witness significant growth in the coming years.
Recent Development:
There were several news developments related to the Role-based Access Control market in 2020:
• IBM announced the launch of its new Cloud Identity Access Management (CIAM) platform, which includes Role-based Access Control capabilities. This platform helps enterprises manage user access to various applications and data across cloud and on-premise environments.
• Microsoft Azure announced the general availability of Azure Active Directory entitlement management, a new feature that allows organizations to manage access to resources using Role-based Access Control.
• Oracle released an update to its Identity SOC portfolio, which includes a new Role-based Access Control module. This module provides improved visibility and control over user access to critical applications and data.
• CyberArk announced an update to its Privileged Access Security Solution, which includes enhanced Role-based Access Control capabilities. This update helps organizations manage and monitor privileged access to critical assets and resources.
Impact of the Russia-Ukraine War on the global Role-based Access Control Market:
The ongoing conflict between Russia and Ukraine can have a significant impact on the Role-based Access Control market. As a result of the conflict, there may be economic sanctions and trade restrictions imposed on both countries, which could have a ripple effect on global trade and the overall economy. In particular, the Role-based Access Control market may be affected by the disruption of supply chains, as some components used in access control systems may be sourced from Russia or Ukraine. The conflict could also lead to increased geopolitical instability, which can affect investor confidence and lead to a decrease in investment in Role-based access control market. Furthermore, the conflict may also result in increased cyber threats and attacks, as both sides may seek to gain a strategic advantage in the conflict through cyber means. This could lead to increased demand for Role-based Access Control systems as companies seek to strengthen their cybersecurity defenses against potential threats. Overall, the impact of the Russia-Ukraine conflict on the Role-based Access Control market is complex and multifaceted, and will depend on a variety of factors including the duration and severity of the conflict, the response of global governments and organizations, and the overall economic climate.
Company Profiles:
• IBM Corporation
• Oracle Corporation
• Dell EMC
• Broadcom Inc.
• Thales Group
• Microsoft Corporation
• RSA Security LLC
• Micro Focus International plc
• Okta, Inc.
• CyberArk Software Ltd.
• Centrify Corporation
• SailPoint Technologies Holdings, Inc.
• Amazon Web Services, Inc.
• Ping Identity
• CA Technologies (Broadcom Inc.)

Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $4250

Only Four Thousand Two Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $5250

Only Five Thousand Two Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $6250

Only Six Thousand Two Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI