User Provisioning Market Research, 2031
The global user provisioning market size was valued at $4.3 billion in 2021, and is projected to reach $15 billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031.
User provisioning is basically a process of creating and managing access to IT system resources. User provisioning aids organizations to manage information of users on an application effectively, securely and reliably. The user provisioning software offers a point of preservation to control user access to various IT applications. This software enables HR staff to use the database and collect information of employees and track access requests.
The major driving factor of the market is the increased adoption of cloud-based software. Moreover, rise in demand for improvement in workforce utilization is anticipated to fuel the market growth. Therefore, the user provisioning market is expected to grow rapidly in the forecast period.
Furthermore, increase in adoption of cloud-based IAM and rise in incidents of identity thefts is boosting the growth of the global user provisioning market. However, high cost and lack of security expertise and shadow IT risk is hampering the user provisioning market growth. On the contrary, trending technology is expected to offer remunerative opportunities for expansion during the user provisioning market forecast.
The user provisioning market is segmented into Component, Business Function, Deployment Model, Organization Size and Industry Vertical.
The user provisioning market is segmented into component, application, deployment model, function, organization size and region. By component, it is bifurcated into solutions and services. By deployment mode, it is segregated into cloud and premises. By function is segregated into finance, HR, administration, IT, and marketing and sales.
By application, it is segregated into IT & telecom, healthcare, retail, manufacturing, BFSI, energy and utilities, education, government and public sector, others (automotive, transportation, and logistic). By enterprise size it is categorized into small to medium enterprise and large-scale enterprise. Region wise, it is analyzed across North America, Europe, Asia-Pacific, And LAMEA.
The market players operating in the User Provisioning industry includes ATOS, CA Technologies, Cyberark, Centrify Corporation, Dell Technologies, EmpowerID, Inc., Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, Inc., IBM Corporation, JumpCloud, Microsoft Corporation, Oracle Corporation, SAP SE, SolorWinds LLC. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which propel growth of the User Provisioning industry globally.
On the basis of components, the solution segment dominated the User Provisioning Market Share in 2021 and is expected to maintain its dominance in the upcoming years, as it aids in ensuring organization cost savings, management control, operational efficiency, and the growth of the business. However, the services segment is expected to witness highest growth, because it minimizes the deployment cost & risks, and others, which further fuels the growth of the market.
Depending on region, North America dominated the data center networking market in 2021, owing to rise in concerns related to the security of IT infrastructure and complex data have encouraged enterprises in the North American region to adopt reliable user provisioning and authentication solutions.
However, Asia Pacific is expected to exhibit highest growth during the forecast period, owing to rapid technological advancements, digitization of economies, and government initiatives increased expandable income among the region's middle-income population.
Impact of COVID-19
COVID -19 outbreak has significantly impacted the user provisioning market. It led to multiple restrictions and indefinite shutdown of production across the globe. Many industries and businesses were stopped which effected the global economy and led to economical downfall of many countries. However, during this pandemic, the incidents of identity theft were still on the rise. Emerging advancements in the market are providing remunerative opportunities for growth. Moreover, many enterprises are investing highly in the user provisioning market.
Top Impacting Factors
Increase in adoption of cloud-based IAM:
The growing adoption of cloud-based Identity Access management (IAM) solutions is set to drive the market. Cloud IAM solutions allow organizations to securely manage as well as record consumer profile and identity data. It also helps in managing consumer login experience and registration, thus contributing to the market growth during the forecast period. In July 2019, InPrivate, an IT security company, announced the first end-to-end Identity and Access Management (IAM) Cloud Platform for healthcare sector in collaboration with Microsoft Corporation. The platform is expected to provide trusted digital identities as well as address the challenges that healthcare employees face with the digital transformation journey. Furthermore, increase in adoption of Bring your own device (BYOD) and choose your own device (CYOD) policies influences the growth of Cloud IAM, which further triggers the growth of the user provisioning market. Implementing cloud identity and access management solutions will ensure BYOD and CYOD employees to access only the data for which they have authorization.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the user provisioning market analysis from 2021 to 2031 to identify the prevailing user provisioning market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the user provisioning market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global user provisioning market trends, key players, market segments, application areas, and market growth strategies.
User Provisioning Market Report Highlights
By Business Function
By Deployment Model
By Organization Size
By Industry Vertical
Key Market Players
ATOS, SolarWinds Worldwide LLC, EmpowerID, OneLogin, Inc., CA Technologies, SAP SE, Dell Technologies Inc., Microsoft Corporation, IBM, Hitachi ID Systems, Inc., Kinetix Technology Service LLC, Oracle Corporation, Happiest Minds Technolgoies, Centrify Corporation, Jumpcloud, EmpowerID, Inc., cyberArk
Based on insights of CXOs of various leading companies, the user provisioning market is witnessing high growth in recent years. There has been enormous adoption of user provisioning software systems for reliable and secure management of user information on IT applications. The personal information such as credentials and account histories need to be securely handled and utilized to retain information and regulations. Thus the demand for user provisioning software is increasing among enterprises to manage and track activities.
Moreover, the growing adoption of cloud based software is providing lucrative opportunities for the market growth. However the safety concerns related to these software and lack of awareness on implementation of this software can challenge the market growth.
For instance, on 16 March 2022, JumpCloud partnered with BambooHR to enable organizations to simplify and secure employee onboarding. This partnership aimed to deliver an integration for a premium employee experience across the entire employee lifecycle.