The cloud infrastructure entitlement management (ciem) market size has grown exponentially in recent years. It will grow from $1.67 billion in 2023 to $2.32 billion in 2024 at a compound annual growth rate (CAGR) of 38.6%. The expansion during the historical period can be attributed to the increased adoption of cloud computing, growing concerns about cybersecurity, the rise in remote work trends, the expansion of digital transformation initiatives, and the escalation of data breaches.
The cloud infrastructure entitlement management (ciem) market size is expected to see exponential growth in the next few years. It will grow to $8.61 billion in 2028 at a compound annual growth rate (CAGR) of 38.8%. The anticipated growth in the forecast period can be attributed to accelerated cloud migration, an increased focus on cybersecurity in cloud environments, the heightened complexity of cloud infrastructure, a growing demand for hybrid and multi-cloud solutions, and an increased emphasis on zero-trust security models. Key trends expected in the forecast period include the increased adoption of Identity-as-a-Service (IDaaS) solutions, the integration of artificial intelligence (AI) in CIEM, a focus on continuous monitoring and detection, the evolving role of CIEM in DevSecOps practices, and a rising demand for automated entitlement management solutions.
The anticipated growth of the cloud infrastructure entitlement management (CIEM) market is attributed to the increasing adoption of cloud computing. Cloud computing, involving the provision of various computer services over the Internet, plays a vital role in CIEM by offering tools and platforms for effective management of user identities, access controls, and permissions in cloud-based environments. In December 2021, Eurostat reported that 41% of EU enterprises utilized cloud computing, with large businesses adopting it at a rate of 72% in 2021. Medium-sized businesses showed a 7-percentage point increase to 53%, and small businesses increased by 5 percentage points to 38%. This surge in cloud computing adoption is a key driver for the growth of the CIEM market.
The growth of the cloud infrastructure entitlement management (CIEM) market is further fueled by the increasing prevalence of cyber threats. Cyber threats involve malicious activities aimed at exploiting vulnerabilities in computer systems and networks. Cloud services are attractive targets for cybercriminals due to the valuable data they store. CIEM solutions assist organizations in managing and securing entitlements and permissions associated with cloud infrastructure, ensuring that only authorized users have access. According to the UK Government Cyber Breaches Survey 2023, 24% of charities reported experiencing breaches or attacks in the previous 12 months, highlighting the heightened cyber threats. This scenario is contributing to the growth of the CIEM market.
A prominent trend in the cloud infrastructure entitlement management (CIEM) market is the focus on technological advancements by major companies. These companies aim to adopt innovative technological solutions to maintain their market positions. In September 2022, CrowdStrike introduced the Cloud Native Application Protection Platform (CNAPP) with new cloud infrastructure entitlement management features. These features, including one-click remediation testing, enhance CIEM capabilities, enabling faster and more efficient responses to identity-based threats arising from misconfigured cloud entitlements.
Major players in the cloud infrastructure entitlement management (CIEM) market are concentrating on the development of CIEM solutions with advanced features. For example, One Identity launched Cloud Infrastructure Entitlement Management (CIEM) in February 2022, introducing features such as behavior-driven governance, support for multiple cloud providers, advanced authentication, and enhanced log management. These features empower organizations to enforce least privilege access, centralize identity security across diverse cloud platforms, and ensure compliance with regulatory requirements, thereby enhancing operational efficiencies in the CIEM market.
In July 2021, Microsoft Corporation acquired CloudKnox Security, a cloud company providing a CIEM solution, for an undisclosed amount. This strategic move is expected to expand Microsoft's offering for cloud entitlement management, allowing Azure Active Directory customers access to granular visibility, ongoing monitoring, and automatic remediation for hybrid and multi-cloud permissions.
Major companies operating in the cloud infrastructure entitlement management (ciem) market report are Microsoft Corporation, Amazon Web Services, International Business Machines (IBM) Corporation, Oracle Corporation, Google Cloud Platform, Palo Alto Networks, Check Point Software Technologies, CrowdStrike Holdings Inc., Okta Inc., Zscaler, CyberArk, SailPoint Technologies Inc., Radware Inc., BeyondTrust, Thycotic Software Ltd., One Identity LLC, SecurEnds, Orca Security, Ermetic, Britive, NextLabs Inc., Authomize, Senhasegura, Saviynt, Sysdig Inc., Sonrai Security Inc.
North America was the largest region in the cloud infrastructure entitlement management (CIEM) market in 2023. The regions covered in the cloud infrastructure entitlement management (ciem) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud infrastructure entitlement management (ciem) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of offerings encompassed by Cloud Infrastructure Entitlement Management (CIEM) include solutions and services. A solution denotes a bundle of related software programs and services packaged together to assist businesses in addressing specific challenges. Cloud infrastructure entitlement management solutions provide a comprehensive and holistic approach to entitlement management, dealing with challenges in dynamic multi- and hybrid-cloud environments. These solutions can be deployed on-premises, in the cloud, or in hybrid configurations, catering to organizations of diverse sizes, including large enterprises and small and medium enterprises (SMEs). CIEM finds applications across various sectors, including banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, manufacturing, government and public sector, energy and utilities, information technology (IT) and telecommunications, among others.
The cloud infrastructure entitlement management (CIEM) market research report is one of a series of new reports that provides cloud infrastructure entitlement management (CIEM) market statistics, including cloud infrastructure entitlement management (CIEM) industry global market size, regional shares, competitors with a cloud infrastructure entitlement management (CIEM) market share, detailed cloud infrastructure entitlement management (CIEM) market segments, market trends and opportunities, and any further data you may need to thrive in the cloud infrastructure entitlement management (CIEM) industry. This cloud infrastructure entitlement management (CIEM) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cloud infrastructure entitlement management (CIEM) market includes revenues earned by entities by providing services such as data governance, cloud security posture management, real-time monitoring, compliance, and risk mitigation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cloud infrastructure entitlement management (ciem) market size is expected to see exponential growth in the next few years. It will grow to $8.61 billion in 2028 at a compound annual growth rate (CAGR) of 38.8%. The anticipated growth in the forecast period can be attributed to accelerated cloud migration, an increased focus on cybersecurity in cloud environments, the heightened complexity of cloud infrastructure, a growing demand for hybrid and multi-cloud solutions, and an increased emphasis on zero-trust security models. Key trends expected in the forecast period include the increased adoption of Identity-as-a-Service (IDaaS) solutions, the integration of artificial intelligence (AI) in CIEM, a focus on continuous monitoring and detection, the evolving role of CIEM in DevSecOps practices, and a rising demand for automated entitlement management solutions.
The anticipated growth of the cloud infrastructure entitlement management (CIEM) market is attributed to the increasing adoption of cloud computing. Cloud computing, involving the provision of various computer services over the Internet, plays a vital role in CIEM by offering tools and platforms for effective management of user identities, access controls, and permissions in cloud-based environments. In December 2021, Eurostat reported that 41% of EU enterprises utilized cloud computing, with large businesses adopting it at a rate of 72% in 2021. Medium-sized businesses showed a 7-percentage point increase to 53%, and small businesses increased by 5 percentage points to 38%. This surge in cloud computing adoption is a key driver for the growth of the CIEM market.
The growth of the cloud infrastructure entitlement management (CIEM) market is further fueled by the increasing prevalence of cyber threats. Cyber threats involve malicious activities aimed at exploiting vulnerabilities in computer systems and networks. Cloud services are attractive targets for cybercriminals due to the valuable data they store. CIEM solutions assist organizations in managing and securing entitlements and permissions associated with cloud infrastructure, ensuring that only authorized users have access. According to the UK Government Cyber Breaches Survey 2023, 24% of charities reported experiencing breaches or attacks in the previous 12 months, highlighting the heightened cyber threats. This scenario is contributing to the growth of the CIEM market.
A prominent trend in the cloud infrastructure entitlement management (CIEM) market is the focus on technological advancements by major companies. These companies aim to adopt innovative technological solutions to maintain their market positions. In September 2022, CrowdStrike introduced the Cloud Native Application Protection Platform (CNAPP) with new cloud infrastructure entitlement management features. These features, including one-click remediation testing, enhance CIEM capabilities, enabling faster and more efficient responses to identity-based threats arising from misconfigured cloud entitlements.
Major players in the cloud infrastructure entitlement management (CIEM) market are concentrating on the development of CIEM solutions with advanced features. For example, One Identity launched Cloud Infrastructure Entitlement Management (CIEM) in February 2022, introducing features such as behavior-driven governance, support for multiple cloud providers, advanced authentication, and enhanced log management. These features empower organizations to enforce least privilege access, centralize identity security across diverse cloud platforms, and ensure compliance with regulatory requirements, thereby enhancing operational efficiencies in the CIEM market.
In July 2021, Microsoft Corporation acquired CloudKnox Security, a cloud company providing a CIEM solution, for an undisclosed amount. This strategic move is expected to expand Microsoft's offering for cloud entitlement management, allowing Azure Active Directory customers access to granular visibility, ongoing monitoring, and automatic remediation for hybrid and multi-cloud permissions.
Major companies operating in the cloud infrastructure entitlement management (ciem) market report are Microsoft Corporation, Amazon Web Services, International Business Machines (IBM) Corporation, Oracle Corporation, Google Cloud Platform, Palo Alto Networks, Check Point Software Technologies, CrowdStrike Holdings Inc., Okta Inc., Zscaler, CyberArk, SailPoint Technologies Inc., Radware Inc., BeyondTrust, Thycotic Software Ltd., One Identity LLC, SecurEnds, Orca Security, Ermetic, Britive, NextLabs Inc., Authomize, Senhasegura, Saviynt, Sysdig Inc., Sonrai Security Inc.
North America was the largest region in the cloud infrastructure entitlement management (CIEM) market in 2023. The regions covered in the cloud infrastructure entitlement management (ciem) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud infrastructure entitlement management (ciem) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of offerings encompassed by Cloud Infrastructure Entitlement Management (CIEM) include solutions and services. A solution denotes a bundle of related software programs and services packaged together to assist businesses in addressing specific challenges. Cloud infrastructure entitlement management solutions provide a comprehensive and holistic approach to entitlement management, dealing with challenges in dynamic multi- and hybrid-cloud environments. These solutions can be deployed on-premises, in the cloud, or in hybrid configurations, catering to organizations of diverse sizes, including large enterprises and small and medium enterprises (SMEs). CIEM finds applications across various sectors, including banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, manufacturing, government and public sector, energy and utilities, information technology (IT) and telecommunications, among others.
The cloud infrastructure entitlement management (CIEM) market research report is one of a series of new reports that provides cloud infrastructure entitlement management (CIEM) market statistics, including cloud infrastructure entitlement management (CIEM) industry global market size, regional shares, competitors with a cloud infrastructure entitlement management (CIEM) market share, detailed cloud infrastructure entitlement management (CIEM) market segments, market trends and opportunities, and any further data you may need to thrive in the cloud infrastructure entitlement management (CIEM) industry. This cloud infrastructure entitlement management (CIEM) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cloud infrastructure entitlement management (CIEM) market includes revenues earned by entities by providing services such as data governance, cloud security posture management, real-time monitoring, compliance, and risk mitigation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cloud Infrastructure Entitlement Management (CIEM) Market Characteristics3. Cloud Infrastructure Entitlement Management (CIEM) Market Trends and Strategies32. Global Cloud Infrastructure Entitlement Management (CIEM) Market Competitive Benchmarking33. Global Cloud Infrastructure Entitlement Management (CIEM) Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cloud Infrastructure Entitlement Management (CIEM) Market
4. Cloud Infrastructure Entitlement Management (CIEM) Market - Macro Economic Scenario
5. Global Cloud Infrastructure Entitlement Management (CIEM) Market Size and Growth
6. Cloud Infrastructure Entitlement Management (CIEM) Market Segmentation
7. Cloud Infrastructure Entitlement Management (CIEM) Market Regional and Country Analysis
8. Asia-Pacific Cloud Infrastructure Entitlement Management (CIEM) Market
9. China Cloud Infrastructure Entitlement Management (CIEM) Market
10. India Cloud Infrastructure Entitlement Management (CIEM) Market
11. Japan Cloud Infrastructure Entitlement Management (CIEM) Market
12. Australia Cloud Infrastructure Entitlement Management (CIEM) Market
13. Indonesia Cloud Infrastructure Entitlement Management (CIEM) Market
14. South Korea Cloud Infrastructure Entitlement Management (CIEM) Market
15. Western Europe Cloud Infrastructure Entitlement Management (CIEM) Market
16. UK Cloud Infrastructure Entitlement Management (CIEM) Market
17. Germany Cloud Infrastructure Entitlement Management (CIEM) Market
18. France Cloud Infrastructure Entitlement Management (CIEM) Market
19. Italy Cloud Infrastructure Entitlement Management (CIEM) Market
20. Spain Cloud Infrastructure Entitlement Management (CIEM) Market
21. Eastern Europe Cloud Infrastructure Entitlement Management (CIEM) Market
22. Russia Cloud Infrastructure Entitlement Management (CIEM) Market
23. North America Cloud Infrastructure Entitlement Management (CIEM) Market
24. USA Cloud Infrastructure Entitlement Management (CIEM) Market
25. Canada Cloud Infrastructure Entitlement Management (CIEM) Market
26. South America Cloud Infrastructure Entitlement Management (CIEM) Market
27. Brazil Cloud Infrastructure Entitlement Management (CIEM) Market
28. Middle East Cloud Infrastructure Entitlement Management (CIEM) Market
29. Africa Cloud Infrastructure Entitlement Management (CIEM) Market
30. Cloud Infrastructure Entitlement Management (CIEM) Market Competitive Landscape and Company Profiles
31. Cloud Infrastructure Entitlement Management (CIEM) Market Other Major and Innovative Companies
35. Cloud Infrastructure Entitlement Management (CIEM) Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cloud Infrastructure Entitlement Management (CIEM) Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cloud infrastructure entitlement management (ciem) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for cloud infrastructure entitlement management (ciem)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Offering: Solution; Services
2) By Deployment Mode: On-Premises; Cloud; Hybrid
3) By Organization Size: Large Enterprises; Small and Medium Enterprises (SMEs)
4) By Application: Banking, Financial Services, and Insurance (BFSI); Healthcare and Lifesciences; Retail and E-Commerce; Manufacturing; Government and Public Sector; Energy and Utilities; Information Technology (IT) and Telecommunications; Other Applications
Key Companies Mentioned: Microsoft Corporation; Amazon Web Services; International Business Machines (IBM) Corporation; Oracle Corporation; Google Cloud Platform
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Microsoft Corporation
- Amazon Web Services
- International Business Machines (IBM) Corporation
- Oracle Corporation
- Google Cloud Platform
- Palo Alto Networks
- Check Point Software Technologies
- CrowdStrike Holdings Inc.
- Okta Inc.
- Zscaler
- CyberArk
- SailPoint Technologies Inc.
- Radware Inc.
- BeyondTrust
- Thycotic Software Ltd.
- One Identity LLC
- SecurEnds
- Orca Security
- Ermetic
- Britive
- NextLabs Inc.
- Authomize
- Senhasegura
- Saviynt
- Sysdig Inc.
- Sonrai Security Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.32 Billion |
Forecasted Market Value ( USD | $ 8.61 Billion |
Compound Annual Growth Rate | 38.8% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |