| Product Code: ETC4392207 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In Malaysia, the privileged identity management market is witnessing steady growth driven by the increasing awareness of the risks associated with privileged accounts. Managing and securing privileged access has become a critical aspect of overall cybersecurity strategies. Organizations in Malaysia are increasingly adopting privileged identity management solutions to mitigate the risks associated with unauthorized access to critical systems and data.
The Malaysia Privileged Identity Management Market is growing due to the increasing awareness of insider threats and the need to secure access to critical systems and data. Privileged identity management solutions help organizations control and monitor privileged users` access, reducing the risk of data breaches and cyberattacks.
Despite the growing awareness of the importance of privileged identity management in securing critical systems, there are notable challenges in its adoption. One significant hurdle is the resistance to change within established organizational structures. Implementing privileged identity management often requires a reevaluation of existing workflows and policies, which can be met with reluctance from employees accustomed to traditional practices. Additionally, ensuring seamless integration with legacy systems can pose technical difficulties, potentially leading to operational disruptions.
The Malaysia privileged identity management market has experienced significant expansion as organizations recognize the criticality of securing privileged accounts and access rights. Privileged Identity Management (PIM) solutions play a pivotal role in controlling and monitoring privileged user access to sensitive systems and data. The COVID-19 pandemic has underscored the importance of robust PIM solutions, particularly as remote work arrangements become more prevalent. The need to mitigate insider threats and ensure compliance with regulatory requirements has further propelled the growth of the privileged identity management market in Malaysia.
The Malaysia Privileged Identity Management market is vital for safeguarding sensitive data and privileged accounts. Noteworthy Leading Players in this space include CyberArk, BeyondTrust, and Thycotic. These companies offer privileged identity management solutions that help organizations control, monitor, and secure access to critical systems and data.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Privileged Identity Management Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Privileged Identity Management Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Privileged Identity Management Market - Industry Life Cycle |
3.4 Malaysia Privileged Identity Management Market - Porter's Five Forces |
3.5 Malaysia Privileged Identity Management Market Revenues & Volume Share, By Solution, 2021 & 2031F |
3.6 Malaysia Privileged Identity Management Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.7 Malaysia Privileged Identity Management Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.8 Malaysia Privileged Identity Management Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.9 Malaysia Privileged Identity Management Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Malaysia Privileged Identity Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud services and digital transformation initiatives in organizations driving the need for privileged identity management solutions. |
4.2.2 Growing concerns regarding data breaches and cybersecurity threats leading to the demand for robust privileged identity management solutions. |
4.2.3 Regulatory compliance requirements and data protection laws are pushing organizations to invest in privileged identity management solutions. |
4.3 Market Restraints |
4.3.1 Lack of awareness among small and medium enterprises (SMEs) about the importance of privileged identity management solutions. |
4.3.2 Budget constraints may hinder the adoption of advanced privileged identity management solutions by organizations. |
4.3.3 Resistance to change and organizational inertia in implementing new technologies can slow down the growth of the privileged identity management market. |
5 Malaysia Privileged Identity Management Market Trends |
6 Malaysia Privileged Identity Management Market, By Types |
6.1 Malaysia Privileged Identity Management Market, By Solution |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Privileged Identity Management Market Revenues & Volume, By Solution, 2021-2031F |
6.1.3 Malaysia Privileged Identity Management Market Revenues & Volume, By Identity Management, 2021-2031F |
6.1.4 Malaysia Privileged Identity Management Market Revenues & Volume, By Access Management, 2021-2031F |
6.1.5 Malaysia Privileged Identity Management Market Revenues & Volume, By Session Monitoring , 2021-2031F |
6.1.6 Malaysia Privileged Identity Management Market Revenues & Volume, By Management, 2021-2031F |
6.2 Malaysia Privileged Identity Management Market, By Installation Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Privileged Identity Management Market Revenues & Volume, By Appliance-Based, 2021-2031F |
6.2.3 Malaysia Privileged Identity Management Market Revenues & Volume, By Agent-Based, 2021-2031F |
6.3 Malaysia Privileged Identity Management Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Privileged Identity Management Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Malaysia Privileged Identity Management Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Malaysia Privileged Identity Management Market, By Service |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Privileged Identity Management Market Revenues & Volume, By Professional Services, 2021-2031F |
6.4.3 Malaysia Privileged Identity Management Market Revenues & Volume, By Managed Services, 2021-2031F |
6.5 Malaysia Privileged Identity Management Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Privileged Identity Management Market Revenues & Volume, By BFSI, 2021-2031F |
6.5.3 Malaysia Privileged Identity Management Market Revenues & Volume, By Government & Defense, 2021-2031F |
6.5.4 Malaysia Privileged Identity Management Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.5 Malaysia Privileged Identity Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.6 Malaysia Privileged Identity Management Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.5.7 Malaysia Privileged Identity Management Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.5.8 Malaysia Privileged Identity Management Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Malaysia Privileged Identity Management Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Privileged Identity Management Market Import-Export Trade Statistics |
7.1 Malaysia Privileged Identity Management Market Export to Major Countries |
7.2 Malaysia Privileged Identity Management Market Imports from Major Countries |
8 Malaysia Privileged Identity Management Market Key Performance Indicators |
8.1 Percentage increase in the number of reported cybersecurity incidents in Malaysia. |
8.2 Number of data breaches reported in organizations despite having privileged identity management solutions in place. |
8.3 Rate of adoption of privileged identity management solutions by different industry sectors in Malaysia. |
9 Malaysia Privileged Identity Management Market - Opportunity Assessment |
9.1 Malaysia Privileged Identity Management Market Opportunity Assessment, By Solution, 2021 & 2031F |
9.2 Malaysia Privileged Identity Management Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.3 Malaysia Privileged Identity Management Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.4 Malaysia Privileged Identity Management Market Opportunity Assessment, By Service, 2021 & 2031F |
9.5 Malaysia Privileged Identity Management Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Malaysia Privileged Identity Management Market - Competitive Landscape |
10.1 Malaysia Privileged Identity Management Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Privileged Identity Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |