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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:

  • 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


 

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