Cloud Infrastructure Entitlement Management (CIEM) Market Size, By Offering (Solution, Services), By Deployment Model (On-premises, Cloud, Hybrid), By Organization Size (Large Enterprises, SMEs), By Application, Regional Outlook & Forecast, 2023 - 2032

Cloud Infrastructure Entitlement Management (CIEM) Market Size, By Offering (Solution, Services), By Deployment Model (On-premises, Cloud, Hybrid), By Organization Size (Large Enterprises, SMEs), By Application, Regional Outlook & Forecast, 2023 - 2032

Cloud Infrastructure Entitlement Management Market Size

Cloud Infrastructure Entitlement Management Market size was valued at USD 1.5 billion in 2022 and is anticipated to grow at a CAGR of 34% between 2023 and 2032. The rapid adoption of cloud services by organizations of all sizes has led to the need for effective management of cloud infrastructure entitlements. As more businesses migrate their applications, data, and workloads to the cloud, the complexity of managing access and entitlements across various cloud environments becomes crucial.

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CIEM solutions offer the necessary tools and capabilities to address these challenges. With the increasing number of data breaches and privacy regulations, organizations are becoming more focused on data security and compliance. CIEM solutions help organizations enforce strong access controls, monitor user entitlements, and ensure compliance with industry regulations & data protection standards. These factors drive the demand for CIEM solutions as businesses strive to protect sensitive data and maintain regulatory compliance.

CIEM refers to the process of managing and controlling user entitlements & permissions within cloud computing environments. It involves the administration of access rights, privileges, and permissions granted to users, applications, and services that interact with cloud-based resources & services. CIEM focuses on ensuring that users have the appropriate level of access and permission to perform their tasks within the cloud infrastructure while adhering to security policies, compliance regulations, and best practices. It helps organizations establish and enforce fine-grained access controls, monitor & audit user activities, and mitigate the risk of unauthorized access & data breaches.

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Implementing CIEM solutions can be complex and time-consuming, especially for organizations with existing complex IT environments and multiple cloud platforms. Integrating CIEM with various Identity & Access Management (IAM) systems, cloud services, and applications requires careful planning & coordination, which can pose challenges and delay the implementation process. Furthermore, many organizations may still be unaware of the importance and benefits of CIEM or have a limited understanding of its functionalities. The lack of awareness and education about CIEM solutions can hinder managing cloud infrastructure entitlement management market growth as organizations may not prioritize investing in CIEM or fully comprehend its value in managing cloud infrastructure entitlements.

COVID-19 Impact

Pandemic-induced restrictions and lockdown measures have caused disruptions in project implementations and slowed down integration processes. Organizations faced challenges in coordinating with vendors, conducting on-site installations, and aligning IT resources during the pandemic, leading to delays in the adoption and implementation of CIEM solutions. With the widespread adoption of remote work, organizations faced new challenges in managing user access and entitlements in a distributed environment. The sudden shift to remote work arrangements strained existing entitlement management processes and raised concerns about data security. However, this also created opportunities for CIEM solutions to address these challenges and provide secure access management for remote employees.

Cloud Infrastructure Entitlement Management Market Trends

With the growing adoption of cloud services, there is a heightened focus on cloud security. Organizations are becoming increasingly aware of the importance of effectively managing entitlements and permissions in their cloud environments to mitigate security risks. CIEM solutions are emerging as a critical component of cloud security strategies, providing granular access controls, privileged access management, and continuous monitoring capabilities. Organizations are shifting from traditional perimeter-based security approaches to a Zero Trust approach that focuses on verifying & validating every user, device, and application, regardless of their location or network. CIEM solutions play a crucial role in implementing the principles of Zero Trust by enforcing the least privilege access and continuously monitoring user activities.

Cloud Infrastructure Entitlement Management Market Analysis

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The solution segment held over 60% of the cloud infrastructure entitlement management market share in 2022. The solution segment encompasses a wide array of CIEM solutions provided by various vendors to cater to the diverse needs of organizations in managing entitlements and access controls in their cloud environments. The availability of different CIEM solutions gives organizations the flexibility to choose the one that best fits their specific requirements, leading to increased product adoption.

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The BFSI segment accounted for 18% of the cloud infrastructure entitlement management market share in 2022 and is poised to expand at 35% CAGR through 2032. Banks & financial institutions have adopted modern methods for conducting financial transactions, and one such method is shifting BFSI operations to the cloud. Cloud services allow BFSI organizations to benefit from a highly available & efficient network and save significant capital costs of running & maintaining complex on-site IT facilities. Owing to cloud adoption, the high upfront costs of procuring hardware are also eliminated. Banks can employ CIEM providers to define and enforce access policies across their cloud infrastructure.

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North America is the dominant region in the global CIEM market with a share of over 45% in 2022. North America, particularly the U.S., is a major hub for cloud adoption and technology innovation, driving the need for robust entitlement management solutions. Organizations in the region are rapidly adopting cloud services and migrating their workloads to the cloud. This shift is driven by the scalability, flexibility, and cost-efficiency offered by cloud computing. As organizations embrace the cloud, there is a heightened need for effective management and control of user entitlements to ensure secure & compliant access to cloud resources.

Cloud Infrastructure Entitlement Management Market Share

Some of the major companies operating in the cloud infrastructure entitlement management market are

• Okta, Inc.
• CyberArk Software Ltd.
• SailPoint Technologies Holdings, Inc.
• BeyondTrust Corporation
• Thycotic
• One Identity LLC
• Centrify Corporation
• IBM Corporation
• Broadcom Inc.
• Saviynt Inc.
• Omada A/S
• Micro Focus International plc
• ForgeRock Inc.
• Keycloak (Red Hat)
• Microsoft Corporation (Azure Active Directory)

These companies focus on strategic partnerships and new component launches & commercialization for market expansion. Furthermore, they heavily invest in research to introduce innovative components and garner maximum revenue in the market.

Cloud Infrastructure Entitlement Management Industry News

• In September 2022, CrowdStrike Cloud Security launched new Cloud Native Application Protection Platform (CNAPP) capabilities including CIEM features and the integration of CrowdStrike Asset Graph. CIEM enables organizations to improve their cloud security posture by preventing identity-based threats caused by misconfigured cloud entitlements. On the other hand, Asset Graph provides detailed visibility into the cloud attack surface.
• In February 2022, Check Point Software Technologies Ltd. acquired Spectral, an Israeli startup and a key innovator in developer-first security tools designed by developers for developers. Through this acquisition, Check Point extended its cloud solution, Check Point CloudGuard, with a developer-first security platform and provided the broadest range of cloud application security use cases including Infrastructure as Code (IaC) scanning & hardcoded secrets detection.

The Cloud Infrastructure Entitlement Management (CIEM) market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments

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Market, By Offering

• Solution
• Services

Market, By Deployment Model

• On-premises
• Cloud
• Hybrid

Market, By Organization Size

• Large Enterprises
• SMEs

Market, By Application

• BFSI
• Healthcare & Life sciences
• Retail & E-commerce
• Manufacturing
• Government & Public Sector
• Energy & Utilities
• IT & Telecommunications
• Others

The above information has been provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa

Frequently Asked Questions (FAQ)

What is the size of the cloud infrastructure entitlement management (CIEM) market?

The market size of cloud infrastructure entitlement management was worth USD 1.5 billion in 2022 and is projected to exhibit over 34% CAGR from 2023 to 2032, driven by the rapid adoption of cloud services by organizations.

Why is the demand for CIEM solutions gaining traction?

The solution offering segment held more than 60% share of the market in 2022, attributed to the surging need for flexibility in organizations.

How big is North America cloud infrastructure entitlement management industry?

North America held more than 45% of the share market in 2022, owing to the presence of well-established technological firms across the region.

Who are the leading players operating in the cloud infrastructure entitlement management market?

Okta, Inc., CyberArk Software Ltd., SailPoint Technologies Holdings, Inc., BeyondTrust Corporation, Thycotic, One Identity LLC, Centrify Corporation, IBM Corporation, Broadcom Inc., Saviynt Inc., Omada A/S, Micro Focus International plc, ForgeRock Inc., Keycloak (Red Hat), and Microsoft Corporation (Azure Active Directory) are some of the top companies in the market.