Market revenue in 2023 | USD 2.9 million |
Market revenue in 2030 | USD 6.8 million |
Growth rate | 12.7% (CAGR from 2023 to 2030) |
Largest segment | Privileged account and session management services (pasm) |
Fastest growing segment | Privilege Elevation And Delegation Management (PEDM) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Privileged Account And Session Management Services (PASM), Privilege Elevation And Delegation Management (PEDM), Secrets Management, Other Solution Type |
Key market players worldwide | CyberArk Software Ltd, Arconic, Bravura Security, Delinea, Imprivata, Quest Software, Saviynt |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to privileged access management in healthcare will help companies and investors design strategic landscapes.
Privileged account and session management services (pasm) was the largest segment with a revenue share of 37.93% in 2023. Horizon Databook has segmented the Australia privileged access management in healthcare based on privileged account and session management services (pasm), privilege elevation and delegation management (pedm), secrets management, other solution type covering the revenue growth of each sub-segment from 2018 to 2030.
The new regulation passed in Australia is contributing to market growth. With rising concerns about data breaches and cyberattacks, the government has implemented strict cybersecurity provisions to protect sensitive information.
This has led to an increase in the demand for PAM solutions that can secure privileged accounts and prevent unauthorized access to critical data. The new regulations have also created a sense of urgency among organizations to implement PAM solutions to comply with the guidelines.
For instance, Australia's Security Legislation Amendment (Critical Infrastructure) Act 2021, passed in December, extends sectors subject to cybersecurity provisions to include communications, food, transport, data, finance, water, higher education, energy, healthcare, space technology, and defense.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia privileged access management in healthcare, including forecasts for subscribers. This country databook contains high-level insights into Australia privileged access management in healthcare from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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