User Provisioning Software Market by End-user and Geography - Forecast and Analysis 2022-2026

Based on Technavio's market sizing methodology, the user provisioning software market share is expected to increase by USD 4.54 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.93%.

This user provisioning software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers user provisioning software market segmentations by end-user (BFSI, manufacturing, healthcare, retail, and others) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The user provisioning software market report also offers information on several market vendors, including Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd. among others.

What will the User Provisioning Software Market Size be During the Forecast Period?

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User Provisioning Software Market: Key Drivers, Trends, and Challenges

The rising demand for large-scale user provisioning is notably driving the user provisioning software market growth, although factors such as growing competition from open-source platforms may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the user provisioning software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key User Provisioning Software Market Driver

The rising demand for large-scale user provisioning is one of the key drivers fueling the user provisioning software market growth. The beneficiary attributes of deploying user provisioning software in large-scale management scenarios include easy access to information systems across diverse on-premises applications, a secure network for managing user identity, and the enhanced management of user data, which translates into reduced risks of internal and external breaches. Also, user provisioning software can help in achieving regulatory compliance by providing the tools to implement comprehensive security and audit. Such numerous benefits will drive the user provisioning software market growth during the forecast period.

Key User Provisioning Software Market Trend

The rising demand for artificial intelligence is one of the key user provisioning software market trends that is contributing to the market growth. AI has become a necessity in numerous industries as it works efficiently without consuming a lot of time. This has influenced the vendors to come up with more innovative applications for different industries. Significantly, AI solutions will increase the productivity of software developers and enable accurate analysis and evaluations of their products with the assistance of AI systems and Big Data technologies. Due to these factors even large enterprises have started adopting AI solutions. Moreover, the overall goal is to improve their AI-based services by combining them with cloud-based and Big Data solutions. Thus, the increasing development of AI and its rapid adoption by significant industries are expected to drive the growth of the global user provisioning software market in the forecast period.

Key User Provisioning Software Market Challenge

Growing competition from open-source platforms is one of the factors hindering the user provisioning software market growth. Open-source software is rich in demand as it provides useful features and is available on the internet for free of cost. This has attracted many small emerging enterprises to use open-source user provisioning software for integrated management. Nonetheless, the software also saves costs such as the purchasing and licensing costs of commercial software, which are usually high. Furthermore, the availability of source code, fast deployment, and reliability are the main advantages of the open-source platform. These advantages have increased the prominence and popularity of open-source platforms. However, such increas8ing prominence will hinder the user provisioning software market growth during the forecast period.

This user provisioning software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global user provisioning software market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the user provisioning software market during the forecast period.

Who are the Major User Provisioning Software Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Atos SE
• Avatier Corp.
• Broadcom Inc.
• Centrify Corp.
• CyberArk Software Ltd.
• Dell Technologies Inc.
• EmpowerID Inc.
• Happiest Minds Technologies Ltd.
• Hitachi Ltd.
• International Business Machines Corp.
• Microsoft Corp.
• Motorola Solutions Inc.
• Okta Inc.
• Oracle Corp.
• Quest Software Inc.
• Rippling People Center Inc.
• SailPoint Technologies Holdings Inc.
• SAP SE
• SolarWinds Corp.
• Zoho Corp. Pvt. Ltd.

 

This statistical study of the user provisioning software market encompasses successful business strategies deployed by the key vendors. The user provisioning software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Broadcom Inc. - The semiconductor solutions segment offers digital, mixed-signal, and analog products including fast switching speeds and low power consumption. 
• Broadcom Inc. - The company offers user provisioning software to manage mainframe access and securely connect users with applications and data through multi-factor authentication. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The user provisioning software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

User Provisioning Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the user provisioning software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for User Provisioning Software Market?

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37% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the user provisioning software market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing adoption of technologies across industries will facilitate the user provisioning software market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19, especially in countries such as China, South Korea, and Malaysia, negatively impacted the market's growth in the region in 2020. However, the regional governments had taken initiatives such as mass vaccination drives which have further resulted in the control of the spread of the virus by the Q3 of 2021, which led to the relaxation in the government restrictions and companies were started working from offices. This has further resulted in the gradual increase in the regional economic activities in Q4 of 2021. Thus, rising economic activities will further propel user provisioning software market growth in the forecast period. 

What are the Revenue-generating End-user Segments in the User Provisioning Software Market?

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The user provisioning software market share growth by the BFSI segment will be significant during the forecast period. The BFSI sector includes banking, insurance, and all other financial verticals. The increasing adoption of banking services and the complete digitalization of the systems are facilitating vast content generation. In this situation, user provisioning software enables financial organizations to manage user content electronically across diverse systems and processes, ranging from a single window to the overall development. As the market is moving toward a customer-centric ecosystem, an overwhelming amount of content is generated. A user-provisioning software allows a financial institution to meet the challenges that include compliance requirements, content management, user security, transparency, and the availability of the software across platforms, time, and geographies. The end goal is to improve customer services across platforms and geographies, workflow automation, and the increasing overall efficiency to drive the growth of the global user provisioning software market in the BFSI sector. Therefore, this segment is expected to continue its dominance during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the user provisioning software market size and actionable market insights on post COVID-19 impact on each segment.

 

User Provisioning Software Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.93%
Market growth 2022-2026	$ 4.54 billion
Market structure	Fragmented
YoY growth (%)	7.11
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	APAC at 37%
Key consumer countries	US, China, Japan, UK, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Atos SE, Avatier Corp., Broadcom Inc., Centrify Corp., CyberArk Software Ltd., Dell Technologies Inc., EmpowerID Inc., Happiest Minds Technologies Ltd., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Quest Software Inc., Rippling People Center Inc., SailPoint Technologies Holdings Inc., SAP SE, SolarWinds Corp., and Zoho Corp. Pvt. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this User Provisioning Software Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive user provisioning software market growth during the next five years
• Precise estimation of the user provisioning software market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the user provisioning software industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of user provisioning software market vendors

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