Role Based Access Control Market Size Will Reach USD 26,636.61 Million By 2032, at 12.3% CAGR Growth: Polaris Market Research

The global role based access control market size is expected to reach USD 26,636.61 million by 2032, according to a new study by Polaris Market Research. The report “Role based access control Market Share, Size, Trends, Industry Analysis Report, By Component; By Model Type; By Organization Size; By Verticals; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

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RBAC is a well-established security methodology that continues to experience growth due to the increasing need for secure access management solutions, driving RBAC market growth, as it offers a variety of software solutions that provide centralized control over access permissions, user roles, and entitlements, allowing organizations to enforce access policies and ensure compliance with government regulations. This is especially important as the rise in cybersecurity threats drives the need for improved security measures. The RBAC market serves diverse industries, including healthcare, finance, IT, and government, indicating a broad market reach soon.

For instance, in December 2022, AWS announced eight new features to its “SageMaker Role Manager” that give administrators better control over access & define permissions to enhance machine learning governance. The updates also make it easier to document and review model information at various stages of the machine learning lifecycle.

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Moreover, the need for efficient identity and access management and the growing adoption of BYOD policies drive the market’s growth. As businesses become larger and more complex, managing user identities and access permissions becomes more challenging, and RBAC solutions offer a centralized approach to managing user access, simplifying the identity and access management process. Furthermore, with the increasing use of mobile devices in the workplace and the adoption of BYOD policies, RBAC solutions help businesses to manage user access across multiple devices and platforms, ensuring that sensitive data is protected regardless of the device used to access it.

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Role based access control Market Report Highlights

  • The support & maintenance segment experienced fast growth at a high CAGR as more and more businesses adopt RBAC solutions
  • Core RBAC segment held the largest market share in 2022 as it is fundamental component of an RBAC with basic functionalities such as defining roles, assigning users to roles, and managing permissions.
  • Large enterprise segment held the significant market revenue share owing to larger organizations typically have more complex systems and larger user bases
  • Healthcare segment accounted for the maximum market revenue share due to the increasing demand for secure and reliable access control solutions to protect sensitive patient data and comply with stringent regulatory requirements.
  • North America dominated the global market in 2022 as the region faces a high number of cybersecurity threats, and RBAC solutions are seen as an effective way to combat these threats and prevent data breaches.
  • The key market players include Microsoft, AWS, IBM, Oracle, CyberArk, ForgeRock, Broadcom.

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Key Features and Drivers:

Enhanced Security and Compliance: RBAC solutions offer granular control over user access rights, ensuring that individuals have the appropriate level of access needed to perform their job functions while preventing unauthorized access to sensitive data and resources. This capability helps organizations comply with industry regulations and data protection laws, such as GDPR and HIPAA, reducing the risk of data breaches and regulatory penalties.

Scalability and Flexibility: RBAC systems are scalable and adaptable to organizations of all sizes and complexities, from small businesses to large enterprises. These solutions can accommodate evolving organizational structures, roles, and access requirements, making them suitable for dynamic environments where access control needs may change frequently.

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Increasing Cybersecurity Threats: The growing frequency and sophistication of cybersecurity threats, including insider threats, ransomware attacks, and data breaches, have heightened the importance of robust access control measures. RBAC solutions address security vulnerabilities by minimizing the attack surface and enforcing least privilege access, mitigating the risk of unauthorized access and insider misuse.

Applications:

Identity and Access Management (IAM): RBAC is a core component of IAM solutions, providing centralized control over user access rights across IT systems, applications, and networks. IAM platforms leverage RBAC to streamline user provisioning, access requests, and privilege management processes, improving operational efficiency and security.

Cloud Security: With the increasing adoption of cloud computing and hybrid IT environments, RBAC solutions play a critical role in securing cloud-based resources and services. Cloud access management platforms utilize RBAC policies to govern user access to cloud applications, data, and infrastructure, ensuring secure and compliant cloud operations.

Endpoint Security: RBAC is integrated into endpoint security solutions to enforce access controls on devices, endpoints, and applications. Endpoint protection platforms (EPP) and endpoint detection and response (EDR) solutions leverage RBAC policies to restrict access to sensitive files, applications, and system resources, reducing the risk of malware infections and data breaches.

Polaris Market Research has segmented the role based access control market report based on Component, Model Type, Organizational Size, Verticals, and region:

Role based access control, Component Outlook (Revenue – USD Million, 2019 – 2032)

  • Solutions
  • Services
  • Implementation & Integration
  • Training & Consulting
  • Support & Maintenance

Role based access control, Model Type Outlook (Revenue – USD Million, 2019 – 2032)

  • Core RBAC
  • Hierarchical RBAC
  • Constrained RBAC
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Role based access control, Organizational Size Outlook (Revenue – USD Million, 2019 – 2032)

  • Large Enterprises
  • SMEs

Role based access control, Verticals Outlook (Revenue – USD Million, 2019 – 2032)

  • BFSI
  • IT & ITeS
  • Healthcare
  • Government & Defense
  • Telecommunications
  • Retails & Ecommerce
  • Education
  • Other Verticals

Role based access control, Regional Outlook (Revenue – USD Million, 2019-2032)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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