Role-based Access Control Market

Updated on : April 15, 2024

Role-based Access Control Market Share

The Role-Based Access Control Market is expected to grow from USD 8.7 billion in 2022 to USD 15.5 billion by 2027 At a CAGR of 12.2%. The need to enhance operational efficiency and requirement of simplified workflows in order to eliminate bottlenecks is expected to drive the growth of the global role-based access control market.

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Role-based Access Control Market Dynamics

Driver: Need to improve compliance requirements in the organizations

Organizations are subject to federal, state, and local regulations. With an RBAC system in place, companies can easily meet statutory and regulatory requirements for privacy and confidentiality, as IT departments and executives have control over how data is accessed and used. This is especially significant for health care and financial institutions, which manage lots of sensitive data, such as PHI and PCI data. RBAC offers a mechanism for managing and controlling access to information based on the roles and responsibilities of an employee in the organization. Adminitrators can keep track of the employees who are accessing the system at what time, the modifications mase and what permissions are granted. Organizations can rectify the issues at any point in time which helps in meeting the regulatory requirements such as HIPPA, SOX, SOC2, and ISO 27001. These all regulatory requirements depend on the network visibility to justify that data sensitive requirements have been handled based on the privacy, security, and confidentiality requirements.

Restraint: Rise in number of roles resulting in increased strain on RBAC systems

In small companies, creating and maintaining roles can be more labor-intensive than assigning permissions individually. Therefore, the RBAC model is only used when a certain number of roles and employees has been reached. However, in large organizations, role-based access control results in creating many roles which creates a strain on the system. If a company has ten departments and ten roles, this will already result in 100 different groups. Further, the changing hierarchical structure within the organizations can affect the access management process with the changing nature of roles. This is likely to impact the adoption of role-based access control solutions during the forecast period.

Opportunity: Advent of blockchain technology in role-based access control

Blockchain technology is best known for its use in developing cryptocurrencies, such as Bitcoin security Since it can be used to provide a secure ledger, blockchain seems to be the traceability and validation solution of the future. The intrinsically secure nature of blockchain technology provides an efficient solution for granting access control. This can be done by only allowing certain people to access specific areas. Blockchain identity management systems can be used to eradicate current identity issues such as inaccessibility, data insecurity, and fraudulent identities. As per US Consumer Data Breach Report 2019, In 2018, more than 2.8 billion consumer data records were exposed in 342 breaches – at an estimated total cost of more than USD 654 billion. Such security breaches are projected to boost the adoption of the role-based access control market.

Challenge: Poor identity management and role creation process

Role creation and management require proper processes, policies, and systems in place to manage identities. Immature IDM/IGA systems may result in poor data quality which can also impact the implementation of RBAC, as it may lack control over how administrators manage user access. Identity governance and administration solutions provide automation capabilities to create and manage user accounts, roles, and access rights for individual users within organizations. In order to implement an RBAC model efficiently in organizations, administrators are allowed to change group memberships and entitlements directly in Active Directory. Hence, without a proper access control framework in place, RBAC will create challenges for admins and end users.

Role-based Access Control Market Ecosystem

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Based on services, support & mainteanance segment to grow at a higher CAGR during the forecast period

Support and maintenance services play a crucial role in the role-based access control market. These services include assistance provided during installations and maintenance activities at large. These services can also be offered from remote locations, although the physical presence of security professionals may be required in some cases. Support and maintenance service providers help enterprises in providing installation, maintenance, and other support activities, such as data migration and replication.

Based on verticals, healthcare vertical to grow at the highest CAGR during the forecast period

The outbreak of COVID-19 in 2020 has changed the technological landscape in the healthcare sector. Whether facilitated through insider threat, external hacking, or employee negligence, factors, such as Malware and ransomware, DDoS attacks, personal data breaches, and phishing pose a serious risk for healthcare organizations. Like all other industry verticals, the healthcare sector had to adapt to the digital and mobile era. There has been an increase in the use of electronic personal health data (ePHI) as well as rapid advances in technology. Mobile endpoints and self-service web portals have brought convenience to patients. When the organization factor in inpatient data moving to cloud-based storage and the increase in IoT-enabled devices creates a complex and connected network. Furthermore, healthcare organizations can face severe penalties for failing to comply with security regulations such as HIPAA, HITECH, and GDPR. Controlling privileged access is a key component of the expected security measures. Privileged access management and access control systems offer the most effective way to comply with regulations and protect healthcare organizations from mass data breaches.

Asia Pacific to grow at highest CAGR during the forecast period

Asia Pacific is the fastest-growing region in the role-based access control market. The region comprises emerging economies, such as India, Japan, China, and Australia. These countries are home to various SMEs. With the rise in cyber security risks, increased use of online services, citizen and workforce demands, and government initiatives, the modernization of digital identity to provide exceptional digital experiences is an urgent priority for governments and agencies across the region. The increase in  digitalization activities such as online banking, and  UPI payments in  is transforming financial services sector  across Asia Pacific and the globe. At the same time, this is paving the way for cyberthreats,  ransomware, and third-party risks. Thus, the financial services sector in Asia Pacific region must rethink its cybersecurity framwework to cope up with the changing technological landscape, business opportunities, and associated risks. he most cited cause of cyber incidents across Asia Pacific is malware, which includes ransomware, spyware, and virus.  In addition, the COVID-19 pandemic has resulted in an increase in online fraud and identity theft. According to a report by ADVANCE.AI, during the pandemic, online fraud and higher debt risk were two top critical risks that businesses faced in emerging markets, including Indonesia, Philippines, Thailand, Vietnam, and Singapore in Southeast Asia. These factors are expected to boost the adoption of role-based access control solutions.

Key Market Players

The role-based access control market is dominated by companies such as are  Microsoft (US), AWS (US), SolarWinds (US), IBM (US), ManageEngine (US), Oracle (US), JumpCloud (US), Okta (US), ForgeRock (US) and Ping Identity (US), BeyondTrust (US), SailPoint(US), CyberArk (US), Broadcom (US), SecureAuth(US), Varonis (US), Edgile (US), Imprivata (US), and Bravura Security (Canada). These vendors have a large customer base and a strong geographic presence with distribution channels globally to drive business revenue and growth.

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Scope of the Report

Role-based Access Control Market Highlights

This research report categorizes the Role-based Access Control Market to forecast revenues and analyze trends in each of the following submarkets:

Recent Developments

• In December 2022, AWS announced eight new capabilities to its SageMaker Role Manager which help administrators to control access and define permissions for improved machine learning governance and make it easier to document and review model information throughout the machine learning lifecycle.
• In December 2022, IBM announced the acquisition of Octo, a US-based IT modernization and digital transformation services provider to support the US federal government, including defense, health, and civilian agencies.
• In June 2022, Microsoft launched Microsoft Entra which encompasses all of Microsoft’s identity and access capabilities. Microsoft Entra includes Azure AD as well as two new product categories, Microsoft Entra Permissions Management and Microsoft Entra Verified ID to offer secure access to customers in the connected world.
• In July 2020, SolarWinds announced a collaboration with Microsoft that will integrate Microsoft 365 capabilities with SolarWinds N-central and RMM. This will deliver monitoring of devices managed by Microsoft Intune from within the SolarWinds dashboard, enabling a single device view, extensive management features, and impactful reporting.

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