Privileged Access Management Software Market Size to Grow USD 7.7 Billion by 2028 at a CAGR of 21.5% | Valuates Reports
The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.
- The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.
- A major factor driving the market for Privileged Access Management (PAM) is the increasing frequency and sophistication of cybersecurity attacks.
- PAM simplifies the process of safeguarding access in complicated IT environments by offering a consistent and all-encompassing solution to privileged access management.
- The market is growing because of the combination of Identity and Access Management (IAM) solutions with Privileged Access Management.