Privileged Access Management (PAM) Market Research Report for Complete Analysis of Current Scenario February 04, 2022
Privileged Access Management (PAM) Market –
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Privileged access management (PAM) market solutions are specifically designed to secure, monitor, and manage privileged access. Privileged access management (PAM) solutions can easily map confidential credentials across hybrid & cloud environments, by saving substantial effort and time of security teams.
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Privileged access management (PAM) solutions can help enterprises in risk reduction by executing strong control over their most significant assets. After implementing a privileged access management (PAM) solution, enterprises can easily scan their systems to observe the reduction in the number of unprotected & unsecured systems.
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Impact of Coronavirus (COVID-19) on the Privileged Access Management (PAM) Market
Lockdowns across major regions (Europe, Asia, and North America) due to an increase in the spread of Coronavirus (COVID-19), has a positive impact on the privileged access management (PAM) market. Increasing demand to enforce social distancing from governments due to the highly contagious nature of Coronavirus (COVID-19) has encouraged enterprises to deploy work-from-home (WFH). Therefore, enterprises are focusing more on online activities that is expected to increase the cyber-threat. To overcome this threat, enterprises are focusing on deploying privileged access management solutions to secure their online accounts. Hence, this is positively impacting the adoption of privileged access management (PAM) worldwide.
Increasing Adoption of Cloud-based Infrastructure across Industries Driving the Privileged Access Management (PAM) Market