REPORT
Privileged Access Management (PAM) Market Predictions
PAM spending is on the rise and aims to hit $7B USD by 2028.
The cost of cybercrime is projected to increase by 15% annually in the next five years, reaching a staggering $10.5 trillion USD by 2025, as reported by Cybersecurity Ventures. A strong cybersecurity strategy has assumed paramount importance for IT teams and boardrooms alike.
In light of the evolving risks, Privileged Access Management (PAM) solutions play a critical role in protecting corporate data and assets. PAM tools guarantee that only authorized users can access systems and information, thereby preserving system integrity and mitigating the chances of a data breach resulting from unauthorized intrusions or internal threats.
In this report, conducted by Cybersecurity Ventures, a global leader in research on the Global Cyber Economy, you’ll discover:
In light of the evolving risks, Privileged Access Management (PAM) solutions play a critical role in protecting corporate data and assets. PAM tools guarantee that only authorized users can access systems and information, thereby preserving system integrity and mitigating the chances of a data breach resulting from unauthorized intrusions or internal threats.
In this report, conducted by Cybersecurity Ventures, a global leader in research on the Global Cyber Economy, you’ll discover:
- What Privileged Access Management is and why it’s more important than ever
- How PAM plays a vital role in protecting against cyberattacks
- Details about the current Threat landscape
- Important statistics to keep in mind
- Predictions for the future of PAM