Market revenue in 2023 | USD 74.2 million |
Market revenue in 2030 | USD 144.7 million |
Growth rate | 10% (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 38.14% in 2023. Horizon Databook has segmented the U.S. 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 adoption of cloud services and digital transformation initiatives has led to a proliferation of privileged accounts and credentials across IT environments. PAM solutions help organizations extend privileged access controls to cloud environments, enforce security policies, and ensure consistent protection of privileged accounts across hybrid IT infrastructures.
In addition, the concept of Zero Trust security, which assumes that no user or device should be trusted by default, has gained traction in the U.S. PAM solutions play a crucial role in Zero Trust architectures by verifying identities, enforcing least privilege access, and continuously monitoring privileged activities to prevent unauthorized access & lateral movement within networks.
Some of the major players such as Delinea and One Identity LLC. have adopted the concept of Zero Trust security. The U.S. faces a growing number of cybersecurity threats, including ransomware attacks, data breaches, and insider threats. PAM solutions help organizations mitigate these risks by controlling and monitoring privileged access to critical systems and data.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. privileged access management in healthcare, including forecasts for subscribers. This country databook contains high-level insights into U.S. privileged access management in healthcare from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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