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Cloud Infrastructure Entitlement Management (CIEM) Market Size

  • Report ID: GMI6049
  • Published Date: Jun 2023
  • Report Format: PDF

Cloud Infrastructure Entitlement Management Market Size

Cloud Infrastructure Entitlement Management Market size was valued at USD 1.5 billion in 2022 and is anticipated to grow at a CAGR of 34% between 2023 and 2032. The rapid adoption of cloud services by organizations of all sizes has led to the need for effective management of cloud infrastructure entitlements. As more businesses migrate their applications, data, and workloads to the cloud, the complexity of managing access and entitlements across various cloud environments becomes crucial.

 

CIEM solutions offer the necessary tools and capabilities to address these challenges. With the increasing number of data breaches and privacy regulations, organizations are becoming more focused on data security and compliance. CIEM solutions help organizations enforce strong access controls, monitor user entitlements, and ensure compliance with industry regulations & data protection standards. These factors drive the demand for CIEM solutions as businesses strive to protect sensitive data and maintain regulatory compliance.
 

CIEM refers to the process of managing and controlling user entitlements & permissions within cloud computing environments. It involves the administration of access rights, privileges, and permissions granted to users, applications, and services that interact with cloud-based resources & services. CIEM focuses on ensuring that users have the appropriate level of access and permission to perform their tasks within the cloud infrastructure while adhering to security policies, compliance regulations, and best practices. It helps organizations establish and enforce fine-grained access controls, monitor & audit user activities, and mitigate the risk of unauthorized access & data breaches.

Implementing CIEM solutions can be complex and time-consuming, especially for organizations with existing complex IT environments and multiple cloud platforms. Integrating CIEM with various Identity & Access Management (IAM) systems, cloud services, and applications requires careful planning & coordination, which can pose challenges and delay the implementation process. Furthermore, many organizations may still be unaware of the importance and benefits of CIEM or have a limited understanding of its functionalities. The lack of awareness and education about CIEM solutions can hinder managing cloud infrastructure entitlement management market growth as organizations may not prioritize investing in CIEM or fully comprehend its value in managing cloud infrastructure entitlements.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

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.

The solution offering segment held more than 60% share of the market in 2022, attributed to the surging need for flexibility in organizations.

North America held more than 45% of the share market in 2022, owing to the presence of well-established technological firms across the region.

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.

Cloud Infrastructure Entitlement Management Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 304
  • Countries covered: 17
  • Pages: 200
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