The Europe Role-based Access Control Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
RBAC gives a simplified strategy that is defined logically. As a result, all the responsibilities can be coordinated with the organizational structure of the company rather than attempting to manage lower-level access control, allowing users to work more productively and independently.
Federal, state, and local government regulations apply to all organizations. Companies implementing an RBAC system can better comply with legal and regulatory standards for privacy & confidentiality because executives and IT departments can control how data is accessed and used. Healthcare and banking organizations, which handle sensitive data like PHI and PCI, should note this.
An RBAC system is essential for limiting user access to network devices since Network Configuration Manager operates in a multi-user environment. A network disaster or full-blown network outage might result from a mistaken change made to the network. Because reversing such failures can take a long time, role-based access control and network administrators should review and approve any modifications.
The government of Russia is preparing defenses against impending hacks, according to Russian intelligence. Recently, a few cybercriminal groups have also supported the Russian government. These Russian-linked cyberterrorist groups have vowed to conduct operations in retaliation for allegedly targeted attacks against the Russian government and people. Some groups have also made threats of cyberattacks against nations and institutions that support the Ukrainian military. Recently, destabilizing attacks by other cybercriminal groups on Ukrainian websites have most likely been carried out to support Russia's military entry. All of this is predicted to assist the expansion of the regional market for role-based access control.
The Germany market dominated the Europe Role-based Access Control Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,105.1 million by 2028. The UK market is anticipated to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12% during (2022 - 2028).
Based on Component, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented Large Enterprises, and SMEs. Based on Vertical, the market is segmented into BFSI, IT & ITes, Government & Defense, Retail & Ecommerce, Telecommunications, Education, Healthcare & Life Sciences, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Role-based Access Control Market is Projected to reach USD 16.5 Billion by 2028, at a CAGR of 11.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, SolarWinds Corporation, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Broadcom, Inc., Okta, Inc., CyberArk Software Ltd., Imprivata, Inc. (Thoma Bravo, LLC) and Varonis Systems, Inc.
By Component
By Organization Size
By Vertical
By Country
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