The Global Role-based Access Control Market size is expected to reach $16.5 billion by 2028, rising at a market growth of 11.6% CAGR during the forecast period.
Role-based access control (RBAC), which has emerged as one of the primary techniques for advanced access control, limits network access depending on a person's role within an organization. The levels of network access that the jobs have described employees in RBAC. Only the information needed for them to efficiently carry out their jobs is given to employees. Access may depend on several variables: responsibility, authority, and job competency. The capacity to read, create, or alter files is just one example of how access to computer resources might be restricted to particular activities.
Enterprises may enhance supply chain efficiency, employee productivity, and customer interaction via information technology. In addition, technology is used to manage inventories, pay invoices, and provide customer service. Access control systems regulate the operations, functions, and behavior of authorized users within the company.
Also, they safeguard the accuracy of the data kept in the system. The term 'role-based access control'(RBAC) refers to a relatively new access control system. Every organization has various needs regarding role-based access control, which is made to cut down on administrative expenses. The organizational structure is also simplified, which aids businesses in maximizing operational effectiveness. In addition, role-based access control enables organizations to define and apply security policies.
The growing requirement for information control as businesses expand the functionality and data made available on internal & external networks is one of the market-driving drivers for role-based access control. Moreover, security lapses may interrupt an organization's activities. Therefore, users' access to the system is restricted via role-based access control. So, it contributes to improved security being provided. In addition, it limits access to the network based on a person's position inside the company.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation is the major forerunner in the Role-based Access Control Market. Companies such as International Business Machines Corporation (IBM), Oracle Corporation, SolarWinds Corporation are some of the key innovators in Role-based Access Control Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, SolarWinds Corporation, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Broadcom, Inc., Okta, Inc., CyberArk Software Ltd., Imprivata, Inc. (Thoma Bravo, LLC) and Varonis Systems, Inc.
Role-based access control (RBAC), which has emerged as one of the primary techniques for advanced access control, limits network access depending on a person's role within an organization. The levels of network access that the jobs have described employees in RBAC. Only the information needed for them to efficiently carry out their jobs is given to employees. Access may depend on several variables: responsibility, authority, and job competency. The capacity to read, create, or alter files is just one example of how access to computer resources might be restricted to particular activities.
Enterprises may enhance supply chain efficiency, employee productivity, and customer interaction via information technology. In addition, technology is used to manage inventories, pay invoices, and provide customer service. Access control systems regulate the operations, functions, and behavior of authorized users within the company.
Also, they safeguard the accuracy of the data kept in the system. The term 'role-based access control'(RBAC) refers to a relatively new access control system. Every organization has various needs regarding role-based access control, which is made to cut down on administrative expenses. The organizational structure is also simplified, which aids businesses in maximizing operational effectiveness. In addition, role-based access control enables organizations to define and apply security policies.
The growing requirement for information control as businesses expand the functionality and data made available on internal & external networks is one of the market-driving drivers for role-based access control. Moreover, security lapses may interrupt an organization's activities. Therefore, users' access to the system is restricted via role-based access control. So, it contributes to improved security being provided. In addition, it limits access to the network based on a person's position inside the company.
COVID-19 Impact Analysis
Businesses and governments must deal with analytical problems that arose during the COVID-19 pandemic while making crucial economic choices. Furthermore, businesses have noticed a demand for cloud-based technologies as COVID-19 has grown, allowing data engineers to stress data-driven goals to get insights from the data. Because of the rising concerns regarding phishing & cyberattacks, multifactor authentication systems have grown increasingly popular among businesses. The COVID-19 pandemic has proven to be the driver for this expansion. These elements have led to the role-based access control market's expansion both during and after the pandemic period.Market Growth Factors
Growing need to enhance the compliance requirement within the organizations
Administrators may track which personnel is logging in and when and any changes made and permissions provided. Companies may address problems at any time, assisting them in adhering to regulations like HIPPA, SOX, SOC2, and ISO 27001. These legal obligations rely on network visibility to demonstrate that sensitive data handling has complied with privacy, security, and confidentiality standards. Due to this rising need to enhance compliance requirements, the adoption of role-based control systems is anticipated to surge, thereby supporting market growth.The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.
Use of blockchain technology in role-based access control
Access control can be effectively managed due to the inherent security of blockchain technology. Organizations can achieve this by limiting access to particular regions to a select group of people. Identity-related problems, including fraud, data security challenges, and inaccessibility, can all be solved with the help of blockchain identity management solutions. Such security breaches are anticipated to increase role-based access control usage, leading to market expansion over the forecast period.Market Restraining Factors
Inefficiency in identity management and role creation process
Administrators are granted the ability to make changes to group memberships and entitlements directly within the Active Directory to facilitate the effective implementation of RBAC models within businesses. As a result, if there isn't already a strong access control architecture, RBAC will cause problems for administrators and end users. Because of this, role-based access control might not be as widely accepted, which would hinder the expansion of the market over the projection period.Component Outlook
Based on component, the role-based access control market is segmented into solution, and services. The services segment registered a remarkable revenue share in the role-based access control market in 2021. Organizations are experiencing a rise in demand for supporting services as role-based access control systems spread across numerous industrial sectors. This is predicted to support the segment’s expansion over the projection period.Organization Size Outlook
By organization size, the role-based access control market is fragmented into large enterprises and SMEs. In 2021, the large enterprise segment dominated the role-based access control market by generating the highest revenue share. Large businesses are those with more than one thousand employees. Big corporations are early users of role-based access control solutions since they employ several apps susceptible to fraudulent assaults. RBAC allows a big, geographically dispersed organization to systematically create and manage a policy of least privilege. In addition, RBAC helps large businesses to adopt consistent enforcement policies, proving the controls required for regulatory compliance and providing individuals with the appropriate access to perform their duties.Vertical Outlook
Based on vertical, the role-based access control market is bifurcated into BFSI, IT & ITes, healthcare, government & defense, telecommunication, retail & e-commerce, education, and other verticals. The government & defense segment garnered a significant revenue share in the role-based access control market in 2021. Access control technologies provide rapid and effective real-time responses to terrorist attacks or criminal actions. In addition, the utilization of biometric devices, smart cards, and electronic gadgets for increased security and authentication plays a significant role in enhancing government and defense sector security and safety. Access control systems are also deployed in highly restricted regions, nuclear power facilities, and businesses to protect workers and property. These factors are driving the segment's expansion.Regional Outlook
Region wise, the role-based access control market is analyzed North America, Europe, Asia Pacific and LAMEA. The North America region led the role-based access control market by generating the highest revenue share in 2021. Due to the spread of COVID-19, an increasing number of instances of fraud are plaguing a substantial portion of the region. In addition, the changing nature of work and workforces, the deployment of cloud-based apps, and the need to satisfy regulatory standards drive the regional acceptance of role-based access management solutions.The Cardinal Matrix - Role-based Access Control Market Competition Analysis
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation is the major forerunner in the Role-based Access Control Market. Companies such as International Business Machines Corporation (IBM), Oracle Corporation, SolarWinds Corporation are some of the key innovators in Role-based Access Control Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, SolarWinds Corporation, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Broadcom, Inc., Okta, Inc., CyberArk Software Ltd., Imprivata, Inc. (Thoma Bravo, LLC) and Varonis Systems, Inc.
Strategies Deployed in Role-based Access Control Market
Partnerships, Collaborations and Agreements:
- Jan-2023: Microsoft Corporation announced a partnership with Cloudflare, Inc., an IT service management company, to intensify zero trust security. Through this partnership, Cloudflare One capabilities would be combined with Microsoft Azure Active Directory enabling Microsoft to deliver businesses a solution where they would be able to deploy zero trust security efficiently without altering a line of code.
- Jul-2022: Microsoft signed a partnership with Oracle for making Oracle Database Service accessible to Azure. With this partnership, Microsoft Azure users would be able to provision, access, and monitor firm-level Oracle Database Services in Oracle Cloud Infrastructure. Moreover, the partnership would allow Microsoft's users to easily build applications on Azure and connect them to the high-performing, and manageable Oracle Database Services.
Product Launches and Product Expansions:
- Oct-2022: SolarWinds released SolarWinds Observability, a unified, cloud-based SaaS solution to introduce complete visibility in Hybrid and Multi-Cloud Environments bringing optimization in performance all over complex IT settings. The offering deliver comprehensive and unified visibility into distributed, modern, hybrid, and multi-cloud environments.
- Oct-2022: Oracle made enhancements by adding capabilities to its suite of Data and Analytics Services. The addition of new solutions such as Oracle Fusion CX Analytics, Oracle Fusion ERP Analytics, Oracle Fusion SCM Analytics, and Oracle Fusion HCM Analytics in Oracle Fusion Analytics all over CX, ERP, HCM, and SCM analytics would enable businesses to access powerful KPIs, dashboards, and reports to better analyze business performance.
- Jun-2021: CyberArk made enhancements in adding capabilities to its CyberArk Identity Security Platform, an all-inclusive, cloud-based end-to-end identity access management solution. With added advancements such as CyberArk Dynamic Privileged Access, CyberArk Secure Web Sessions, and CyberArk Lifecycle Management for Privileged Users, the CyberArk Identity Security Platform would enable enterprises to protect high-risk access and expand security all over the cloud and hybrid environments.
Acquisition and Mergers:
- Apr-2022: Imprivata completed the acquisition of SecureLink, an access management and patient monitoring solutions provider, to offer healthcare organizations an advanced secure digital system. With this acquisition, Imprivata would utilize SecureLink capabilities in delivering access management services, to offer clients an all-inclusive advanced identity solution that provides enhanced protection while accessing a given system.
- Feb-2022: IBM acquired Neudesic, a cloud-based consultancy company, to enhance IBM's hybrid multi-cloud services. Through this acquisition, Neudesic would provide its expertise in offering cloud-based services to IBM, empowering IBM to broaden its suite of hybrid multi-cloud solutions and advance its hybrid cloud and AI services.
- Jul-2021: Microsoft completed the acquisition of CloudKnox Security, a Cloud Infrastructure Entitlement Management (CIEM) platform developer, for delivering integrated privileged access and cloud entitlement management. With this acquisition, CloudKnox's expertise in providing complete visibility into privileged access would be leveraged by Microsoft to empower cloud security and Zero Trust facilitating enterprises to prevent security breaches and reduce risks.
Scope of the Study
By Component
- Solution
- Services
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- IT & ITes
- Government & Defense
- Retail & Ecommerce
- Telecommunications
- Education
- Healthcare & Life Sciences
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- SolarWinds Corporation
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Broadcom, Inc.
- Okta, Inc.
- CyberArk Software Ltd.
- Imprivata, Inc. (Thoma Bravo, LLC)
- Varonis Systems, Inc.
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Global Role-based Access Control Market by Component
Chapter 5. Global Role-based Access Control Market by Organization Size
Chapter 6. Global Role-based Access Control Market by Vertical
Chapter 7. Global Role-based Access Control Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- Microsoft Corporation
- SolarWinds Corporation
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Broadcom, Inc.
- Okta, Inc.
- CyberArk Software Ltd.
- Imprivata, Inc. (Thoma Bravo, LLC)
- Varonis Systems, Inc.
Methodology
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