Market Overview:
The global password policy enforcement tool 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 tools 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 tool market duringthe forecast period, followed by Europe and Asia Pacific.
Product Definition:
Password Policy Enforcement Tool is a software application that helps organizations enforce their password policy requirements. The tool can be used to monitor user passwords and identify violations of the policy, as well as to generate reports on password usage. Password Policy Enforcement Tool is important because it enables organizations to ensure that their users are following the required password policy and helps protect against unauthorized access to systems and data.
Cloud Based:
Cloud-based solutions are expected to gain traction in the coming years due to their cost effectiveness, ease of use and flexibility. Cloud based services offer a platform that can be used on-demand and provide real time data allowing for quick policy enforcement. The shift from traditional systems towards cloud based systems is anticipated to increase over the forecast period owing to benefits such as reduced maintenance costs, increased operational efficiency and better scalability.
On-Premises:
On-premises is a term used for applications and services that are hosted on the user's company premises. The term usually refers to software or hardware appliances installed in the customer’s data center, which enables them to store passwords securely and manage access control policies.
The global Password Policy Enforcement Tool market size was valued at USD 31.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The large enterprises segment held the largest share of over 60.0% in 2017. The segment is expected to witness significant growth over the forecast period owing to factors such as growing need for managing passwords and increasing security concerns among organizations. In addition, stringent government policies on data protection are driving large enterprises towards adopting DPTEs which will further boost market growth during the forecast period.
SMEs are anticipated to be one of the fastest-growing segments with a CAGR exceeding 20% from 2018 to 2030 due to increased adoption of cloud services by small businesses and rising awareness about online safety amongst these companies' employees. Furthermore, DPTEs offered as a service through cloud computing platforms are convenient as they can be deployed in less than 10 minutes without requiring any hardware or software installation on end-user¢â‚¬â„¢s computers which is further expected fuel product demand across this segment during the forecast period.
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 password management vendors such as Symantec Corporation; Trend Micro Inc.; and CA Technologies. These companies are continuously investing in R&D activities for development of advanced products that can be integrated with other security solutions, thereby making it a strong contender in the industry.
Asia Pacific is anticipated to register significant growth over the forecast period owing to increasing adoption of cloud-based services by small & medium enterprises (SMEs). In addition, growing penetration of smartphones and rising awareness about online safety are some factors driving regional growth. Furthermore, government initiatives encouraging digitalization and usage of strong passwords among users will also drive demand for APAC policy enforcement tool market during the forecast years.
Growth Factors:
- Increased awareness of the need for strong passwords and password policy enforcement
- The increasing number of cyber-attacks and data breaches, which has raised awareness of the importance of password security
- The growing popularity of cloud computing and BYOD, which has increased the need for strong password policies to protect corporate data
- Regulatory compliance requirements, such as PCI DSS 3.0, that mandate the use of strong passwords and password policy enforcement tools
- The increasing demand for secure authentication solutions from enterprises and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Password Policy Enforcement Tool 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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Password Policy Enforcement Tool Market Report Segments:
The global Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool (PPET) is a Microsoft Windows tool that helps administrators enforce password policies. PPET can help you create and manage passwords, detect unauthorized use of passwords, and audit user activity.
Some of the key players operating in the password policy enforcement tool market are Avatier, Hitachi ID, ManageEngine, StealthINTERCEPT, nFront Security, Inc, Password Complexity Manager (PCM), Specops Software, Anixis, Safepass.me.
The password policy enforcement tool market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Password Policy Enforcement Tool 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 Tool Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Password Policy Enforcement Tool 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 Tool 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 Tool Market Size & Forecast, 2018-2028
4.5.1 Password Policy Enforcement Tool Market Size and Y-o-Y Growth
4.5.2 Password Policy Enforcement Tool Market Absolute $ Opportunity
Chapter 5 Global Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool 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 Tool 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 Tool 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 Tool Analysis and Forecast
9.1 Introduction
9.2 North America Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool Analysis and Forecast
10.1 Introduction
10.2 Europe Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool Analysis and Forecast
12.1 Introduction
12.2 Latin America Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Password Policy Enforcement Tool 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 Tool 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 Tool 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 Tool Market: Competitive Dashboard
14.2 Global Password Policy Enforcement Tool 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
