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The report titled showcases an in-depth analysis of the market in terms of market size deployment model end-user and industry vertical. This report also forecasts the growth numbers till 2019 (on a YoY basis) and hence suggests the Compound Annual Growth Rate (CAGR) for the estimated period.
Europe Quickly Becoming a Torch Bearer for Password Management Adoption Worldwide
Although Europe stands just behind North America in terms of adoption of password management the rate of growth of adoption is as good as that in North America. Europe is emerging as a trend setter in terms of adoption which is believed to be followed by other regions/countries of the world.
European countries like Germany France Italy Spain and United Kingdom form the next most preferred destination for miscreants to carry out the cyber-attacks. Moreover most of the European businesses are in the expansion mode requiring their employees to different parts of the globe and to access different applications to reach out to their customers effectively. As this strategy proves right for tapping out new customers managing of multiple applications and different login passwords becomes a difficult task to employees as it brings various security related risks associated with leak of passwords.
According to Center for Media Data and Society (CMDS) a leading European research center on media communication and information policy close to 57% of the privacy breaches in Europe happen not due to the attacks from external sources but due to organization’s own errors and these errors mainly comprise of poor organizational resource management key passwords and other data exposed online or due to insider stealing vital information.
All these are attributed to mismanagement of personal passwords and other login credentials. This in-turn has led to the losses for organizations. Countries like Germany UK and Netherlands have been the major sufferers as the rate of adoption of web based applications here is highest among these regions.
With businesses transforming themselves into web based organizations more and more transactions and interactions of these companies are expected to happen online in Europe. This in-turn is expected to enhance the demand for password management solutions in this part of the world.
Market Segments and Forecasts Covered in the Report
The Europe Password Management market is segmented by:
· Deployment (On-Premise Hosted)
· End users (Enterprise Mid-size Small Business)
· Vertical (Financial Services E-commerce IT and Telecommunication Manufacturing Others)
Companies discussed in the Global Password Management research report are NetIQ Sailpoint Technologies Imprivata Microsoft IBM CA Technologies Hitachi ID Systems Dell Courion Corporation BeyondTrust Avatier Specops Software Tools4ever Passportal Thycotic AgileBits ManageEngine Meldium Siber Enterprise Group my1login
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Uniqueness of this Report
· In-depth segmentation of the Password Management market
· Market drivers constraints opportunity and challenges analyzed
· Market Metrics Market Share Porter’s Five Forces Analysis
· Performance measurement of the leading market participants and gauging them against strategy and competence in the global arena through ResearchFox LAYERS
· Unique price structure with Password Management report starting USD 299 only
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ResearchFox is an International market research company from Bangalore India with focus on delivering high quality research services to business professionals organizations and individuals through knowledge driven research methodology. We provide first-hand data services & reports on various industries technologies market parameters and key competitors in the industry thereby giving rational forecast on market trends to help clients identify prospective growth areas and gain competitive edge. Established as SBU of Han Digital group in 2009 ResearchFox was officially incorporated in 2012. We provide niche market research services which go beyond client - vendor transactions/ interactions by not only paving way for strong relationships but also creating a healthy ecosystem for actionable decision making.
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