Market Overview:
The global password policy enforcement software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cloud-based password policy enforcement software and the growing need for security in organizations. The large enterprises segment is expected to account for the majority of the market share during the forecast period, owing to their need for robust security solutions. North America is expected to lead the global password policy enforcement software market duringthe forecast period, followed by Europe and Asia Pacific.
Product Definition:
Password Policy Enforcement Software is used to monitor and enforce password policies for users on a network. This software can help ensure that all passwords are of a certain length, complexity, and expiration date. It can also help to track when passwords are changed and who has access to them. Password Policy Enforcement Software is important because it helps to keep networks secure by ensuring that all users have strong passwords that meet the required policies.
Cloud Based:
Cloud-based solutions are expected to gain traction in the global password policy enforcement software market over the forecast period. The growth of this segment can be attributed to factors such as ease of access, cost effectiveness, and flexibility. Cloud-based services offer a convenient way for organizations to manage their IT infrastructure by providing remote access from any device at any time.
On-Premises:
On-premises is a term used for software installed on the end user system, which is accessible only by authorized users. The term “on-premises” usually refers to the type of security software that is installed and used on computers within an organization rather than using a web service or cloud-based solution. On premise solutions are more secure as compared to cloud based solutions as they are hosted on the organization's server and can be controlled by policies set by the organization itself.
Application Insights:
The large enterprises segment held the largest market share in 2017. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as large enterprise's need for strong authentication and compliance with data security policies. Large enterprises are also likely to have a more robust infrastructure, which makes it easier for them to adopt online authentication and policy management solutions that help in enforcing password policies across various applications within an organization.
SMEs are anticipated to be the fastest-growing application sector over the forecast period due largely off their growing adoption of cloud-based services owing largely off ease of implementation, scalability, cost efficiency among other benefits they offer as compared with on-premises solutions. SMEs lack resources such as technical expertise and staff; however, this does not necessarily mean that they cannot enforce strong password practices at smaller organizations or independently owned businesses (IUB).
Regional Analysis:
North America held the largest market share in 2017. The region is expected to continue its dominance over the forecast period, owing to presence of prominent players such as LogRhythm Inc.; Access data; and HBGary Federal. These companies are offering cloud-based solutions for password management and policy enforcement. Moreover, increasing cyberattacks are driving organizations in this region towards adoption of these software products for better security posture.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising number of small & medium enterprises (SMEs) and large enterprises in this region adopting digitalization initiatives aggressively. Furthermore, governments across various countries including China, India have started taking strict measures against online privacy infringement by tracking user activities across websites such as Facebook Inc.
Growth Factors:
- Increased concern for data security among organizations: The increasing instances of cyber-attacks and data breaches have led to a heightened concern for data security among organizations. This has resulted in an increased demand for password policy enforcement software, which can help organizations secure their networks and protect their confidential information.
- Proliferation of mobile devices and BYOD policies: With the proliferation of mobile devices and the growing trend of BYOD (Bring Your Own Device), there is a greater need for effective password policy enforcement solutions that can secure corporate networks from unauthorized access from these devices.
- Stringent compliance regulations: Organizations are increasingly becoming aware of the importance of complying with various compliance regulations such as PCI DSS, HIPAA, SOX, etc., which mandate certain security controls including password policy enforcement measures. As a result, there is a growing demand for password policy enforcement software from businesses seeking to ensure compliance with these regulations.
- Growing awareness about the benefits of using password management tools: A large number of businesses are now realizing the benefits offered by usingpassword management tools such as increased security and improved productivity due to fewer forgotten passwords/log-in issues . This is resulting in an increase in demand for such tools, which in turn is benefiting the market growth prospects forpassword policy enforcement software solutions as well.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Password Policy Enforcement Software Market Research Report
By Type
Cloud Based, On-Premises
By Application
Large Enterprises, SMEs
By Companies
Avatier, Hitachi ID, ManageEngine, StealthINTERCEPT, nFront Security, Inc, Password Complexity Manager (PCM), Specops Software, Anixis, safepass.me
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Password Policy Enforcement Software Market Report Segments:
The global Password Policy Enforcement Software market is segmented on the basis of:
Types
Cloud Based, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Avatier
- Hitachi ID
- ManageEngine
- StealthINTERCEPT
- nFront Security, Inc
- Password Complexity Manager (PCM)
- Specops Software
- Anixis
- safepass.me
Highlights of The Password Policy Enforcement Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premises
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Password Policy Enforcement Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Password policy enforcement software is a computer program that helps organizations enforce password policies. The software can help administrators create and manage passwords, monitor user activity, and detect unauthorized access to accounts.
Some of the major players in the password policy enforcement software market are Avatier, Hitachi ID, ManageEngine, StealthINTERCEPT, nFront Security, Inc, Password Complexity Manager (PCM), Specops Software, Anixis, safepass.me.
The password policy enforcement software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Password Policy Enforcement Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Password Policy Enforcement Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Password Policy Enforcement Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Password Policy Enforcement Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Password Policy Enforcement Software Market Size & Forecast, 2018-2028 4.5.1 Password Policy Enforcement Software Market Size and Y-o-Y Growth 4.5.2 Password Policy Enforcement Software Market Absolute $ Opportunity
Chapter 5 Global Password Policy Enforcement Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Password Policy Enforcement Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Password Policy Enforcement Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Password Policy Enforcement Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Password Policy Enforcement Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Password Policy Enforcement Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Password Policy Enforcement Software Analysis and Forecast
9.1 Introduction
9.2 North America Password Policy Enforcement Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Password Policy Enforcement Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Password Policy Enforcement Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Password Policy Enforcement Software Analysis and Forecast
10.1 Introduction
10.2 Europe Password Policy Enforcement Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Password Policy Enforcement Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Password Policy Enforcement Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Password Policy Enforcement Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Password Policy Enforcement Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Password Policy Enforcement Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Password Policy Enforcement Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Password Policy Enforcement Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Password Policy Enforcement Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Password Policy Enforcement Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Password Policy Enforcement Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Password Policy Enforcement Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Password Policy Enforcement Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Password Policy Enforcement Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Password Policy Enforcement Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Password Policy Enforcement Software Market: Competitive Dashboard
14.2 Global Password Policy Enforcement Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avatier
14.3.2 Hitachi ID
14.3.3 ManageEngine
14.3.4 StealthINTERCEPT
14.3.5 nFront Security, Inc
14.3.6 Password Complexity Manager (PCM)
14.3.7 Specops Software
14.3.8 Anixis
14.3.9 safepass.me