Privileged Access Management (PAM) is a set of solutions that aims to protect accounts with privileged access to critical assets. A subcategory of Identity & Access Management (IAM), PAM puts extra emphasis on securing accounts like those belonging to Administrators. The accounts are isolated and put in a secure repository (vault). This reduces the risk of crucial credentials being stolen. In order to gain access, System Administrators need to go through the PAM system. Starting from that point, all Administrator actions are logged and monitored. Centralizing all privileged credentials in one place has the benefit of ensuring high levels of security, while also keeping track of all actions for accountability purposes. You can find PAM Market Size, PAM Magic Quadrant, and other trends and statistics below.
The chart shows the Privileged Access Management - PAM Market Size from 2019 to 2022. In 2019, the size of the PAM Industry was $1.5B and is projected to grow 18% in 2020. From 2019 to 2022 the PAM Market growth is projected to average 15% per year.
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The chart shows the Privileged Access management - PAM Magic Quadrant in 2018. The leading vendors in the PAM Industry were CyberArk, followed by BeyondTrust, Centrify, and CA Technologies. The visionaries are One Identity, Thycotic, and senhasegura. View the extended description of the PAM Market vendors in this PAM Magic Quadrant chart, PAM Market Share and other PAM Market data here.
PAM is one of the fastest growing sectors of Identity & Access Management. The growth is driven by the fact that the value of Administrator credentials is much greater than that of other employees. Account information stored in PAM vaults belongs to employees with access to critical IT infrastructure within the company. The value of their security is proportional to the value of the information they can access. In a changing and complex IT Security environment and as companies value security more and more, the PAM Market will certainly be one of the sectors that flourishes the most.
Access These Reports & MoreMarket research sources moderately disagree on the PAM Market Size, moderately disagree on PAM Market Share, generally agree on the PAM Market Leaders, and moderately disagree on the PAM Market Growth. The cause of disagreement is due PAM solutions being difficult to isolate from other Identity & Access Management (IAM) products. Some IAM systems include PAM as a central feature and some do not. PAM can also be sold as a standalone product. This makes it difficult to evaluate statistics such as revenue and growth. For a complete evaluation of the PAM Market, T4 recommends exploring all available sources. T4 aggregated and organized the data from these sources on the T4 Industry Research Platform. See Each source's view of the PAM Market, PAM Market Size, PAM Market Share, and PAM Market Leaders on the T4 Platform.
T4 comprehensively aggregated more than 30 reports from more than 10 publishers covering statistics and trends in the Privileged Access Management - PAM Industry. This includes PAM Market Share, PAM Market Size, Vendor Comparisons, Install Base, and more than 5 additional statistics. The Industry falls under T4's Cybersecurity Industry coverage. Industries related to PAM in the T4 taxonomy include Access Management, Single Sign-On Software, and Password Manager Software. A related subcategory of the PAM Market is Privileged Identity Management (PIM). You can find reports covering these industries on T4’s Platform.
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