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The report titled showcases an in-depth analysis of the market in terms of market size segmentation by region deployment model and end-user. 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.
Rapid Increase in Customer database and growing incidents of attacks fueling the growth among financial services
Financial companies across the globe form the major consumers of password management solutions. Due to crucial customer financial information involved many of the banks in the world proactively use password management solutions in order avoid any kind of risks. Moreover financial services companies are the top most spenders of their resources to secure their IT infrastructure. With growing incidents of attacks across the globe where financial institutions are exclusively targeted the demand for these solutions is set to go up further.
With growing digitization of banking and financial services across the globe employees are required to use multiple customer supporting applications in order to serve their customers in a better manner. Given the large workforce these financial institutions face complex difficulties in generating and maintaining passwords of individuals across multiple applications. In this scenario if an employee accidentally or willfully leaks the login credentials then there are every chances that this information can be misused.
It has been observed that employees form the weakest link in banks from where the login credentials can be easily stolen. To address these issues solution providers design password management solutions that are exclusively built with keeping the security needs of financial institutions in mind.
The Financial Services Password Management market is segmented by:
· Regions (North America Europe APAC South America RoW)
· Deployment (On-Premise Hosted)
· End users (Enterprise Mid-size Small Business)
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 Financial Services 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 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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