The global password management market is anticipated to increase by USD 5.2 billion till 2028 at an average annual growth of 27.3 percent as per the latest report by Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global password management market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the password management industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the solution, technology, end user, and region. The global market for password management can be segmented by solution: self-service password management, privileged user password management. The self-service password management segment is estimated to account for the largest share of the global password management market. Password management market is further segmented by technology: desktop, mobile device, voice-enabled password reset. The desktop segment held the largest revenue share in 2021. Based on end user, the password management market is segmented into: financial, medical, telecommunication, education, industrial, utility, others. Globally, the financial segment made up the largest share of the password management market. On the basis of region, the password management market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the largest contributor to the global password management market in 2021.

Market Segmentation
By solution: self-service password management, privileged user password management
By technology: desktop, mobile device, voice-enabled password reset
By end user: financial, medical, telecommunication, education, industrial, utility, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The market research report covers the analysis of key stake holders of the global password management market. Some of the leading players profiled in the report include Acebit GmbH, Agilebits Inc., Avatier Corporation, Cyberark Software Ltd., Fastpasscorp A/S, Fortra, Goto Group, Inc., Hitachi ID Systems Inc., IBM Corporation, Microsoft Corporation, Siber Systems Inc., Trend Micro Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global password management market.
– To classify and forecast the global password management market based on solution, technology, end user, region.
– To identify drivers and challenges for the global password management market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global password management market.
– To identify and analyze the profile of leading players operating in the global password management market.

Why Choose This Report
– Gain a reliable outlook of the global password management market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.