User Provisioning Market size is estimated to reach $8.25 billion by 2026 at a CAGR 10.18% during the forecast period 2021-2026. Globally, increasing adoption of Identity Access Management (IAM) solutions in various industries such as IT & Telecom, BFSI and Retail & E-commerce is set to drive the User Provisioning market. User Provisioning requires system integrators to streamline authorization workflow by connecting IAM framework with various applications. Additionally, rising awareness of compliance management increases the adoption of user governance and compliance solution more effectively within enterprises, is also significantly triggering the User Provisioning Market growth. Furthermore, the adoption of user provisioning solutions has been increasing in healthcare sector to achieve streamline operations via automation and self-service access is catalyzing the growth of the market. With the growing popularity of Managed service providers, Organizations can customize services such as provisioning, Privileged Access Management (PAM), cyber-security management reporting, role-based access control fulfillments and education & training based on their specific needs. Such factors are analyzed to drive the market during the forecast period 2021-2026.

Report Coverage

Thereport based on: “User Provisioning Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of theUser Provisioning Marketindustry outlook.

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By Business Application: Role Management, Administration and Management, User Log Management, Password Management, User Governance and Compliance
By Service:Professional Services (System Integration Services, Planning & Consulting Services and Support & Maintenance Services); Managed Services
By Business Function: Information Technology, Administration, Human Resources, Marketing &Sales, Finance
By Deployment: On-Premises, Cloud
By Organization Size: Small & Medium sized Enterprises, Large Enterprises
By Industry Vertical: Public Sector, Retail & E-commerce, IT &Telecommunications, Media & Entertainment, Travel & Hospitality, Healthcare, Education, BFSI, Others.
By Geography: North America (USA, Canada and Mexico), Europe (U.K., Germany, Italy, France, Netherland& Rest of Europe), APAC (China, Japan, South Korea, India, Australia& Rest of APAC), South America (Brazil, Argentina & Rest of South America), RoW (Middle East & Africa)

Key Takeaways

• Cloud segment is analyzed to witness the highest growth rate in the User Provisioning market during the forecast period 2021-2026, owing to factors such as the capability of providing consistent user experience and accommodating full user life cycle management.
• Healthcare industry is anticipated to grow with the highest CAGR of around 13.18% in the global User Provisioning market during the forecast period 2021-2026 due to rising healthcare data breaches incidents.
• North America region is analyzed to witness the fastest growth in the global user Provisioning market during 2021-2026, owing to rising identity thefts as well as fraud incidents.
  
  

Global User Provisioning Market Value Share, By Geography, 2020 (%)

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User Provisioning Market Segment Analysis - By Deployment

Cloud segment is analyzed to account for the highest CAGR of 13.48% in the global User Provisioning Market during the forecast period 2021-2026, owing to the increasing usage of cloud-based services by industry verticals such as healthcare, BFSI and e-commerce. Cloud-based user provisioning solutions has the capability of providing a consistent user experience for all supported apps such as unified reporting, granular event tracking as well as audit logs, which improves the Authorization workflow standards. Moreover, cloud-based user provision is getting higher adoptability due to accommodating full user life cycle management by creating, updating, removing, or suspending user profiles compared to on premise models. Such factors help in major adoption towards cloud based user provisioning in the market.

User Provisioning Market Segment Analysis - By Industry Vertical

Based on industry verticals segmentation, Healthcareheld the highestUser Provisioning market share of around 13.55% in the global User Provisioningmarket in 2020 and is estimated to grow at highest rate during the forecast period, owing to use of electronic medical records. In Healthcare sector, the adoption of User Provisioning solutions has been increasing to securesensitive data of patients, thus protecting patient privacy. Additionally, adoption of user provisioning solutions also provides the flexibility to achieve streamline operations via automation and self-service access. The outbreak of Covid19 pandemic increases cyber-attack on healthcare facilities; which increases the adoption of User Provisioning solutions in healthcare organizations. According to US Department of Health and Human Services, number of healthcare data breaches incidents rose to 600 in 2020 in U.S., 55% spike from 2019. Such incidents are poised to offer opportunities for User Provisioning solutions in this sector.

User Provisioning Market Segment Analysis - By Geography

North America held the highest User ProvisioningMarket share of around 35% in the global User Provisioning Marketin 2020 and is further set to grow at a highest rate during the forecast period 2021-2026. Increasing penetration of digital platforms and rising government laws on IT security are the factors that influence the growth of the market in this region. Moreover, North America has been witnessing the highest cases of identity thefts as well as fraud incidents which drive organizations to invest more on cyber security budget so that new tools, techniques and software can be adopted for security provisions. In August 2021, Microsoft Corporation decided to invest $20 billion over next five years in cyber security, owing to rising cyber attacks. Similarly, In June 2020, U.S. government decided to invest $18.78 billion budget in cyber security for 2021. Such investments can influence the growth of User Provisioning Market in the long run.

User Provisioning Market Drivers

Increasing adoption of cloud based Identity Access management solutions is set to drive the market

The growing adoption of cloud based Identity Access management solutions is set to drive the market during the forecast period 2021-2026. Cloud IAM solutions allow organizations to securely manage as well as record consumer profile and identity data. It also helps in managing consumer login experience and registration, thus contributing to the market growth during the forecast period. In July 2019, Imprivata, an IT security company, announced the first end-to-end Identity and Access Management (IAM) Cloud Platform for healthcare sector in collaboration with Microsoft Corporation. The Platform would provide trusted digital identities as well as address the challenges that healthcare employees faces with the digital transformation journey. Furthermore, increasing adoption of Bring your own device (BYOD) and choose your own device (CYOD) policies influences the growth of Cloud IAM, which further triggers the growth of the User Provisioning market. Implementing cloud identity and access management solutions will ensure BYOD and CYOD employees to access only the data for which they have authorization.

Rising incidents of Identity Thefts

Increasing incidents of identity thefts has become a prime concern among small, medium and large scale enterprises. To tackle such incidents, preventive measures for mitigating identity breach has become a top notch priority for IT security teams. Organizations are adopting user provisioning solutions to enable employees have access only to the apps they need. User Provisioning solutions helps in gaining visibility of identity and access permissions permitted to different users starting from on-boarding till their exit, thus mitigating the risk of identity thefts. In 2020, Federal Trade Commission reported 147,382 identities theft incidents in USA. Such incidents increase the adoption of User Provisioning software among organizations, thus triggering the growth of the market.

User Provisioning Market Challenges

High Cost and lack of security expertise

Though User Provisioning software provides several benefits to organizations but high-cost acts as a major factor that can hamper the growth of User Provisioning Market. Organizations need to update software from time to time to reduce security threats, thus increasing the operating cost of the organizations. Secondly, with organizations moving their workloads to cloud, are prone to more sophisticated threats, which increase the demand for security professionals. Organizations with increasing cyber security needs have observed huge shortage of security professionals globally thus making them prone to cyberattacks. Globally expertise in cyber security is in short supply and it is set to get worse. According to Center for Strategic & International Studies research report, there could be 1.8 million unfilled cyber securities positions in organizations by 2022. Owing to the above-mentioned factors, adoption of user provisioning will be significantly impacted, thus hampering its market growth. 

User Provisioning Market Landscape

Partnership, Acquisitions,Collaboration, technology launches and R&D activities are key strategies adopted by players in the User Provisioning Market. The User Provisioning Market top 10 companies include:

1. IBM Corporation
2. ATOS
3. CA Technologies
4. Centrify Corporation
5. Dell
6. SAP SE 
7. Oracle Corporation
8. Microsoft Corporation
9. Onelogin Inc
10. Happiest Minds

Acquisitions/Technology Launches

• In September 2021, OneLogin Inc, a global leader in Identity and Access Management (IAM), announced the availability of its OneLogin Workflows and Universal Connector solutions. OneLogin Universal Connector solutions allows organizations to automate complex identity lifecycle management processes such as on boarding and off boarding and enable robust integrations across the cloud and on-premise systems.
  
• In March 2021, Dell announced new services such as Connected Provisioning at the manufacturing level. It is cloud based IT management solution that simplifies IT process, establishes control of devices and speeds up the time it takes to get user productive.

Relevant Report Titles

Cloud IAM Market – Forecast (2021 - 2026)
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IoT IAM Market - Forecast (2021 – 2026)
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