Allied Market Research

Password Management Market : Trends & Forecast 2023

The key drivers for password management market need to comply with strict compliance mandates and increasing risk of data theft in critical industries such as BFSI, healthcare, and public sector.

 

Portland, OR -- (SBWIRE) -- 03/05/2018 -- Password is a string of characters that allows access to the computer devices or services. The basic task of password management is to encode and decrypt the data. Password provides a line of protection against unauthorized access. Password management is a software solution that stores and manages passwords. Password management is beneficial for both individual users and enterprise users.

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The report segments the password management market on the basis of access, type, industry vertical, and geography. According to the access, the market is classified into mobile devices and tablets, desktop and laptops, voice enabled password systems, and others. Based on the industry vertical, the market is classified into healthcare, banking, financial services, and insurance (BFSI), public sector, IT & telecom, retail and consumer goods, education, and others. Geographically, breakdown and deep analysis of each of the aforementioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players such as Google Inc., Microsoft Corporation, Fastpass Corporation, Knowledge Secure Systems Ltd., Hitachi ID Systems, Inc., Sonicwall Inc., SailPoint Technologies Pvt. Ltd., Avatier Corporation, NetIQ Corporation, and Courion Corporation are also provided in this report.