Password Management assists in generating, storing, and retrieving complex passwords from an encrypted database. Types of password managers include locally-installed software applications, online services that are accessed through website portals, and locally-accessed hardware devices that serve as keys.
The growing numbers of complex software and systems deployed in cell phones and laptops by the organizations, and strict rules for creating and changing passwords such as have to contain the numbers, letters, and capital letters have made it difficult for the users to manage their passwords on their own, which directly driving the demand for the Password Management, according to research, the global Password Management market is projected to worth USD 720 million by 2021.
On the basis of type, Password Management can be categorized as Locally-installed software, Web-based services, Token-based hardware devices, according to research, the Locally-installed software accounted for the largest market, due to it is convenient and handy when users try to find the forgotten password in the cellphone.
Locally-installed password managers commonly reside on the user’s personal computer or mobile device, such as smart phones, in the form of a locally-installed software application. These applications can be offline, wherein the password database is stored independently and locally on the same device as the password manager software.
Global top manufacturers operating in Password Management Market are Avatier, Ca Technologies, Courion Corporation, Dell Sonicwall, Fastpass Corp, Hitachi ID Systems, IBM, Microsoft, Netiq, Sailpoint Technologies among others.
Global Password Management market share by region as following:
Read Full Report: http://www.gosreports.com/global-password-management-market-research-report-2016/
The report firstly introduced the Password Management basics: definitions, classifications, applications and market overview, product specifications, manufacturing, processes, cost structures, market size, market value and so on. Then it analyzed the world’s main region market conditions, including the product, price, profit, production, supply, demand, market growth rate and forecast etc.. In the end, the report introduced new project SWOT analysis, investment feasibility analysis.
More report: http://www.gosreports.com/identity-and-access-management-market-by-component/
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