Connect with us

Technology

User Provisioning Market size is set to grow by USD 2.38 billion from 2023-2027, Growing demand for mobile user provisioning software boost the market, Technavio

Published

on

NEW YORK, July 16, 2024 /PRNewswire/ — The global user provisioning market size is estimated to grow by USD 2.38 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 8.21%  during the forecast period. Growing demand for mobile user provisioning software is driving market growth, with a trend towards increasing adoption of user provisioning in SMEs. However, complications due to presence of several user-level provisions  poses a challenge.Key market players include Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

User Provisioning Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.21%

Market growth 2023-2027

USD 2388.43 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.43

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 32%

Key countries

US, China, Japan, UK, and Germany

Key companies profiled

Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd.

Market Driver

The user provisioning market is poised for growth due to shifting consumer preferences towards digitalization in Small and Medium Enterprises (SMEs). Cloud encryption solutions are becoming increasingly popular as they offer essential security features, driving market expansion. Additionally, the adoption of advanced data storage technologies by SMEs facilitates the implementation of cloud-based encryption solutions. This trend is particularly strong in the APAC region, where the demand for Software as a Service (SaaS) applications is high. SMEs are transitioning from on-premises servers to cloud applications, reducing overall costs and simplifying maintenance. Furthermore, the cloud’s ability to expedite application delivery processes is another significant advantage, contributing to market growth during the forecast period. 

User provisioning, the process of granting access to IT system resources, is a critical business function for organizations of all sizes and industries. HR staff play a key role in managing user access, but the increasing use of cloud-based software and shadow IT can create risks like identity thefts and non-compliance. Trending technology for user provisioning includes cloud-based software and self-service account provisioning. Major players in this market include ATOS, CA Technologies, Cyberark, Centrify Corporation, Dell Technologies, EmpowerID, Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, JumpCloud, Oracle Corporation, SolorWinds LLC, InPrivate, and more. Developments in user provisioning solutions include platform integration, data processing, and identity governance techniques. Competitor analysis reveals that these companies offer different deployment models, management techniques, and components to meet organizational objectives. Key segments include workforce utilization, IT facilities, and industry verticals. Overall, user provisioning software is a crucial tool for managing user access to IT resources, mitigating risk, and achieving business goals. 

Discover 360° analysis of this market. For complete information, schedule your consultation – Book Here!

Market Challenges

User provisioning is a crucial aspect of managing access to software systems in organizations. This process involves creating, modifying, and deprovisioning user accounts for various types of users, including basic users, power users, IT users, and administrators. Project managers in the software industry need to understand the different user types and their access rights within specific systems. The complexity of managing user access can lead to the adoption of user-specific or role-based models. Implementing user provisioning systems requires significant technical knowledge to ensure a seamless integration with internal controls, particularly in financial systems that must adhere to Generally Accepted Accounting Principles (GAAP). The challenge of implementing and managing user provisioning effectively may hinder market growth during the forecast period.User provisioning is a crucial business process that involves managing digital identities and granting access to IT facilities and platforms. Companies like CyberArk, Centrify Corporation, Dell Technologies, EmpowerID, Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, JumpCloud, Oracle Corporation, SolorWinds LLC, InPrivate, and others offer user provisioning solutions. The challenges include managing user data, account histories, software credentials, and private information. IT managers and administrators face the need for user-centric administration, regulatory standards, and governance strategies. Key developments include self-service account provisioning, discretionary account provisioning, automation, and cloud IAM. Organizational objectives include employee productivity, return on investment, security, competence, CYOD rules, and managing corporate assets. Competitor analysis is essential to understand the market landscape and choose the best solution for your business. Management techniques and identity governance are important considerations. Technological developments continue to shape the user provisioning market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This user provisioning market report extensively covers market segmentation by  

End-user 1.1 Government and public sector1.2 BFSI1.3 Telecom1.4 Healthcare1.5 OthersApplication 2.1 Marketing and sales2.2 IT2.3 HR2.4 Administration2.5 FinanceGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Government and public sector-  User provisioning in the government and public sector refers to the process of granting individuals access to digital resources, systems, and applications within these organizations. This involves setting up and managing user accounts, permissions, and privileges to ensure effective access to necessary information and resources. Robust user provisioning is crucial for government and public sector entities to maintain security, adhere to regulatory requirements, and streamline operations. The dominance of this end-user segment is driving the growth of the user provisioning market in the forecast period.

For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Operations Support Business Support (OSS BSS) software market is driven by the increasing demand for efficient telecom services management. The global cloud computing market is expanding rapidly, propelled by advancements in technology and the growing adoption of cloud-based solutions across various industries. Meanwhile, the global cloud storage services market is witnessing significant growth due to the rising need for data storage, security, and backup solutions. Key players in these markets are continually innovating to offer more integrated, scalable, and secure services to meet evolving business needs.

Research Analysis

User provisioning software is a critical solution for managing and automating the process of granting access to IT resources for employees in an organization. This market is driven by the need to improve workforce utilization, mitigate identity thefts, and reduce shadow IT risk. Trending technologies like cloud computing and the increasing use of remote work have made user provisioning more important than ever. Key segments of the user provisioning market include large enterprises, SMBs, and cloud service providers. Developments in the market include advanced management techniques such as self-service portals, role-based access control, and single sign-on. Organizational objectives like enhancing security, reducing IT costs, and improving employee productivity are the primary drivers for the adoption of user provisioning solutions. Data processing, user data, IT facilities, software credentials, and private information are some of the critical areas where user provisioning plays a crucial role. Competitor analysis reveals that vendors like CA Technologies, CyberArk, Centrify Corporation, Dell Technologies, EmpowerID, Inc, Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, Inc, JumpCloud, Oracle Corporation, and SolarWinds LLC are leading the market with their innovative solutions. These companies are constantly developing new features and functionalities to meet the evolving needs of their customers.

Market Research Overview

The User Provisioning Market is a dynamic and evolving landscape, focused on managing IT system resources and granting access to user data through User Provisioning Software. HR staff play a crucial role in this process, ensuring workforce utilization and mitigating risks such as identity thefts and shadow IT. Cloud-based software is a trending technology in this space, offering flexibility and scalability. Key components of User Provisioning Solutions include data processing, identity governance techniques, and self-service or discretionary account provisioning. Management techniques align with organizational objectives, addressing key segments like IT managers, IT administrators, and employee productivity. Developments in the market include competitor analysis, regulatory standards, and automation. Industry verticals like finance, healthcare, and retail have unique requirements, while organization size and deployment model also influence the choice of solution. Major business functions include IT facilities, identity and access management (IAM), and security. Key players like Atos, CA Technologies, CyberArk, Centrify Corporation, Dell Technologies, EmpowerID, Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, JumpCloud, Oracle Corporation, SolorWinds LLC, InPrivate, and others offer comprehensive User Provisioning Solutions. Technological developments include Cloud IAM, CYOD rules, and automation, ensuring secure and efficient management of corporate assets and user data. Competence in this field is essential for ensuring regulatory compliance and maintaining security.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userGovernment And Public SectorBFSITelecomHealthcareOthersApplicationMarketing And SalesITHRAdministrationFinanceGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/user-provisioning-market-size-is-set-to-grow-by-usd-2-38-billion-from-2023-2027–growing-demand-for-mobile-user-provisioning-software-boost-the-market-technavio-302197621.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Changan LCV Unveils New Brand Strategy, Paving the Way for a New Era of Digital Intelligent New Energy Commercial Vehicle Technology

Published

on

By

GUANGZHOU, China, Nov. 17, 2024 /PRNewswire/ — On November 15, Changan LCV held its brand strategy launch event, accelerating its transformation into a digital intelligent new energy commercial vehicle technology brand, aiming to become a world-class vehicle brand.

At the event, Changan LCV unveiled its first native digital intelligent new energy commercial vehicle architecture—K01  which leverages technological advantages such as ” Up-down decoupling, software and hardware separation, creating vehicle-cloud integration,” offering users three new key benefits: “smart technology, ultimate efficiency, and fast service.”

Compared to traditional architectures, the K01 platform shortens the vehicle development cycle by one year, reduces energy costs by 80%, and lowers operational costs. The platform increases vehicle production efficiency by 30%, while the low-floor design and compact layout maximize cargo volume. The “Golden Shield” battery can be fast-charged in 15 minutes to provide a range of over 200 kilometers. Its modular design is flexible and customizable, with a skateboard chassis that can accommodate various vehicle types, including light passenger car, trucks, and pickups. The K01 platform is open to the industry, promoting collaborative development and mutually beneficial opportunities for the entire value chain.

Looking to the future, Changan LCV aims to lead China’s commercial vehicle market and become a global top-five player by 2030, collaborating with users to drive the future for the ” digital intelligent new energy commercial vehicle technology brand.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/changan-lcv-unveils-new-brand-strategy-paving-the-way-for-a-new-era-of-digital-intelligent-new-energy-commercial-vehicle-technology-302306911.html

SOURCE Changan LCV

Continue Reading

Technology

CGTN: Starting a new era in Asia-Pacific development amid global uncertainty

Published

on

By

BEIJING, Nov. 16, 2024 /CNW/ — Over the decades, the Asia-Pacific region has been a vital driver of global economic growth. In October, the International Monetary Fund predicted the region would contribute approximately 60 percent to global economic growth in 2024.

At the same time, Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. In this regard, Chinese President Xi Jinping on Saturday called on leaders of Asia-Pacific Economic Cooperation (APEC) members to shoulder greater responsibilities.

“We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, build an Asia-Pacific community with a shared future, and start a new era in Asia-Pacific development,” said Xi, when attending the 31st APEC Economic Leaders’ Meeting in Peru’s capital Lima.

China’s proposal

To deepen Asia-Pacific cooperation, the Chinese president on Saturday made three proposals.

Firstly, Xi stressed the need to build an open and interconnected paradigm for Asia-Pacific cooperation, calling for staying committed to multilateralism and an open economy.

China has made great efforts towards an open Asia-Pacific economy. According to the Chinese Foreign Ministry, China is the largest trading partner of 13 APEC economies and has actively advanced the building of the China-ASEAN Free Trade Area, promoted high-quality implementation of the Regional Comprehensive Economic Partnership (RCEP), and applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement.

Secondly, Xi emphasized the need to make green innovation a catalyst for the Asia-Pacific, saying APEC economies should push forward coordinated digital and green transformation and development to create new momentum and new drivers for Asia-Pacific development.

China is developing new quality productive forces in light of actual conditions and deepening cooperation with interested parties on green innovation. Xi announced on Saturday that China will launch a Global Cross-Border Data Flow Cooperation Initiative.

China has put forward initiatives for cooperation between APEC member economies in green agriculture, sustainable city development, green and low-carbon energy transition, and marine pollution control and prevention.

The Chinese president also urged efforts to uphold a universally beneficial and inclusive vision for Asia-Pacific development. The data unveiled by the Chinese Foreign Ministry showed China contributes 64.2 percent of the region’s economic growth, 37.6 percent of the growth in goods trade, and 44.6 percent of the growth in services trade.

Xi told APEC leaders that China will advance initiatives through the APEC platform on increasing residents’ income and promoting the industrial cluster development of small- and medium-sized enterprises, for the purpose of bringing about universally beneficial and inclusive development of Asia-Pacific economies.

China’s commitments

China will host the APEC Economic Leaders’ Meeting in 2026, Xi announced on Saturday, saying China welcomes all parties to continue riding the “express train” of its development and grow together with the Chinese economy.

The Chinese president reiterated China’s commitments to reform and opening up. “Reform and opening up is a historic process in which China and the world achieve development and progress together,” he said.

The 20th Central Committee of the Communist Party of China, at its third plenum in July, laid out systematic plans for further deepening reform across the board with more than 300 consequential reform measures being unveiled, pertaining to building a high-standard socialist market economy, advancing high-quality economic development, promoting high-standard opening up, improving the people’s quality of life, and building a beautiful country.

In his written speech at the APEC CEO Summit on Friday, Xi also said China will introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and open its door even wider to the world.

https://news.cgtn.com/news/2024-11-17/Starting-a-new-era-in-Asia-Pacific-development-amid-global-uncertainty-1yAvmNr7lYc/p.html 

View original content:https://www.prnewswire.com/news-releases/cgtn-starting-a-new-era-in-asia-pacific-development-amid-global-uncertainty-302307697.html

SOURCE CGTN

Continue Reading

Technology

CGTN: How does Chancay Port light up Asia-Pacific cooperation?

Published

on

By

BEIJING, Nov. 16, 2024 /CNW/ — From the arrival of the first ship at Chancay Port to its official inauguration, the port has gained global attention in recent days, boosting confidence in the prospects of more open and inclusive Asia-Pacific economic development.

The port, a cooperative project between Peru and China under the Belt and Road Initiative (BRI), will reduce sea shipping time from Peru to China to 23 days, cutting logistics costs by at least 20 percent. It is expected to generate $4.5 billion in annual revenue for Peru and create over 8,000 direct jobs. The port, capable of accommodating ultra-large container ships with a capacity of 18,000 twenty-foot equivalent units (TEUs), has a designed annual throughput capacity of 1 million TEUs in the near term and 1.5 million TEUs in the long term, positioning it as a key hub for trade between Latin America and Asia.

Noting that the port connects Chancay and Shanghai, Chinese President Xi Jinping remarked that “what we are witnessing is not only the root and blossom of the BRI in Peru but also the birth of a new gateway that connects land and sea, Asia and Latin America” during his address via video link at the port’s inauguration ceremony.

Peruvian officials: ‘More job opportunities and economic growth’ brought to Peru

Senior Peruvian officials and ordinary citizens have said they are looking forward to benefiting from the first smart and green port in South America.

Prime Minister of Peru Gustavo Adrianzen said that cooperation between China and Peru, including the Chancay Port project and other fields, will bring more job opportunities and economic growth to Peru, improving people’s living standards.

Jose Tam, president of the Chinese-Peruvian Chamber of Commerce, talked about the significance of Peru’s Chancay megaport with CGTN, saying the port will be an “engine” for the local economy.

Juan Carlos Capunay, former executive director of the APEC Secretariat and former Peruvian ambassador to China, also stated that the port will play an important role in deepening bilateral relations and fostering practical cooperation between China and Peru.

Entrepreneur Cielo Augusto from Chancay said he is looking forward to building the first levels of business while noting that industries such as hospitality will also be boosted, as there will be a significant influx of people from abroad.

“The port will save time, increase efficiency and bring new opportunities to Peru,” Karla Santuyomarca, a Peruvian citizen, told CGTN.

Some 78.3 percent of respondents to a CGTN survey of Peruvians said they support their country’s participation in the BRI, which includes Chancay Port. Additionally, 93.6 percent of respondents expressed support for deepening practical cooperation in various fields between China, Peru and other Latin American countries.

Open, interconnected Asia-Pacific cooperation

With its official opening on Thursday, Chancay Port is expected to integrate the entire Latin American region into the dynamic economic framework of the Asia-Pacific, greatly enhancing connectivity within and beyond the continent.

Peruvian Foreign Minister Elmer Schialer Salcedo said, “The Pacific Ocean does not separate us, but it connects us,” adding that Chancay Port will halve the time and costs of connecting South America with Asia.

Carlos Aquino Aquino Rodriguez, professor of Asian economies at San Marcos National University, said the port is crucial to the economic development and connectivity of the Asia-Pacific and can also promote mutual benefits for raw material buyers, suppliers of manufactured goods and investors.

In a CGTN global poll on Asia-Pacific cooperation, 93.7 percent of respondents called on all parties in the region to forge consensus and build an Asia-Pacific community with a shared future featuring openness and inclusiveness, innovative growth, connectivity and win-win cooperation.

https://news.cgtn.com/news/2024-11-17/How-does-Chancay-Port-light-up-Asia-Pacific-cooperation–1yAAAYcaP28/p.html

View original content:https://www.prnewswire.com/news-releases/cgtn-how-does-chancay-port-light-up-asia-pacific-cooperation-302307698.html

SOURCE CGTN

Continue Reading

Trending