Global User provisioning system Market is growing at a CAGR of 12.32% from 2017 to 2025
The Global User Provisioning Market was valued at USD 3.92 billion in 2016 and is projected to reach USD 11.15 billion by 2025, growing at a CAGR of 12.32% from 2017 to 2025. User provisioning system intends to help organizations more quickly, cheaply, reliably and securely manage information about users on multiple systems and applications. User provisioning system is more efficient, more secure and is quick in its action. This system helps the user to have improved employee productivity, streamlined user-centric administration, fast return on investment, and enforcement of regulatory compliance requirements. Market Dynamics: 1. Market Drivers 1.1 Incorporation the Management Strategies with Organizational Strategic Initiatives 1.2 Increasing need for User Compliance Management and Governance 1.3 Rising Concerns for Security and Risk Mitigation 1.4 Increasing Adoption of Cloud-based Single User and Password Management Solutions 2. Market Restraints 2.1 Security Concerns 2.2 Lack