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Some of the major companies operating in the cloud infrastructure entitlement management market are
These companies focus on strategic partnerships and new component launches & commercialization for market expansion. Furthermore, they heavily invest in research to introduce innovative components and garner maximum revenue in the market.
The solution offering segment held more than 60% share of the market in 2022, attributed to the surging need for flexibility in organizations.
The market size of cloud infrastructure entitlement management was worth USD 1.5 billion in 2022 and is projected to exhibit over 34% CAGR from 2023 to 2032, driven by the rapid adoption of cloud services by organizations.
Okta, Inc., CyberArk Software Ltd., SailPoint Technologies Holdings, Inc., BeyondTrust Corporation, Thycotic, One Identity LLC, Centrify Corporation, IBM Corporation, Broadcom Inc., Saviynt Inc., Omada A/S, Micro Focus International plc, ForgeRock Inc., Keycloak (Red Hat), and Microsoft Corporation (Azure Active Directory) are some of the top companies in the market.
North America held more than 45% of the share market in 2022, owing to the presence of well-established technological firms across the region.