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Category: Science and Technology
Date Submitted: 11/15/2015 10:00 PM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Password Management Market Size, Market Share,
Application Analysis, Regional Outlook, Growth Trends,
Competitive Scenario And Forecasts, 2012 To 2020
A password is string of characters which allows user to access a system or computer. They provide line
of security from unauthorized users and hackers. Password manager is software which enables users to
manage and organize their passwords. Increasing requirement of password management by
organizations and individuals is expected to drive the market growth. With the help of password
manager the companies can manage and organize the passwords whenever they reset the passwords.
Stringent rules and growing number of complex systems for changing and creating passwords is
expected to boost the demand for password management among organizations. Manually created
passwords are algorithmically weak and can be easily hacked. Hacked and forgotten passwords may
cause a loss and delay for the enterprise and the individuals. These problems can be solved by password
management software.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/passwordmanagement-industry/
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Password management may be privileged or self-service. Self-service helps employees to reset password
without any helpdesk. Privileged password management keep up passwords by methods such as
automated resets, frequent randomization and recording. Rising need for securing data is expected to
provide positive avenues to password management market over the next five years. Increasing number
of hackers and cyber thefts is expected to create immense opportunities for the market in near future.
Less favorable outcome of password self-service management solutions is likely to pose restraint for the
market’s growth.
Deployment Model Insights
Password management can be either hosted or on-premise. On-premise provides...