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Cloud Infrastructure Entitlement Management (CIEM) Market worth $7.5 billion by 2028 - Exclusive Report by MarketsandMarketstm

CHICAGO, June 7, 2023 /PRNewswire/ -- The market for CIEM appears to have a bright future as more businesses prioritise security and compliance while utilising cloud services. The market for CIEM is anticipated to grow and innovate as a result of factors like increased security concerns, changing compliance requirements, hybrid and multi-cloud settings, integration with IAM, and developments in AI and ML.


The global Cloud Infrastructure Entitlement Management (CIEM) Market size is projected to grow from USD 1.2 billion in 2023 to USD 7.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period, according to a new report by MarketsandMarketstm. The growth of the CIEM Market is driven by factors such as the need for proper management of identity and access privileges, enhanced visibility into identities/ excessive privileges in the cloud, and compliance across multiple cloud infrastructures are fueling the demand for CIEM to address associated security risks.

Browse in-depth TOC on "Cloud Infrastructure Entitlement Management (CIEM) Market"
122 - Tables
41 - Figures
182 - Pages

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Scope of the Report

Report Metrics


Market size available for years


Base year considered


Forecast period


Forecast units

Value (USD Million/USD Billion)   

Segments Covered

Offering, Verticals, and Regions

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Major vendors in the global CIEM Market include Microsoft (US), CyberArk (US), Palo Alto Networks (US), Check Point (Israel), Zscaler (US), BeyondTrust (US), Rapid7 (US), CrowdStrike (US), SailPoint (US), Saviynt (US), Orca Security (US) and many more.


Based on offerings, the professional services segment is to grow at the highest CAGR during the forecast period.

Professional services are crucial in implementing and deploying CIEM solutions in an enterprise. Professional services include implementation services, integration services, training, and post support services. Companies such as CyberArk, Check Point, CrowdStrike, SailPoint, BeyondTrust, Palo Alto Networks, among others are the key CIEM service providers. Currently, cybersecurity attacks are on the rise, and there is a requirement for holistic standards-based security solutions.

Based on verticals, BFSI is to hold the largest market size during the forecast period.

Banks and financial institutes have adopted modern ways of carrying out financial transactions. Cloud is driving a significant change in the way the BFSI industry works. Cloud services enable BFSI organizations to leverage a seamlessly available and efficient network. Organizations in the BFSI vertical are eliminating the substantial capital costs of running and maintaining complex on-site IT facilities. The high upfront costs of procuring hardware are also eliminated due to cloud adoption. CIEM providers allow banks to define and enforce access policies across their cloud infrastructure. Thus, the BFSI vertical holds a larger market size during the forecast period.

Based on regions, Asia Pacific is to grow at the highest CAGR during the forecast period.

Asia Pacific accounts for the growth in CIEM as it consists of thriving economies, such as Singapore, Japan, China, and India, which are expected to register high growth rates in the CIEM Market. China has witnessed immense industrial growth and is the world's manufacturing capital. Government initiatives to ensure cloud security are also driving the adoption of cloud computing in the region. The increasing adoption of cloud and mobile technologies and changing work dynamics have led to the adoption of CIEM solutions across verticals, such as healthcare, retail & consumer goods, BFSI, and telecommunications in countries of the region. As a result, Asia Pacific is anticipated to grow at the highest CAGR during the forecasted period.

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Cloud Infrastructure Entitlement Management (CIEM) Market Dynamics





Top Key Companies in Cloud Infrastructure Entitlement Management (CIEM) Market:

Microsoft (US), CyberArk (US), Palo Alto Networks (US), Check Point (Israel), Zscaler (US), BeyondTrust (US), Rapid7 (US), CrowdStrike (US), SailPoint (US), Saviynt (US), Orca Security (US), EmpowerID (US), Senhasegura (Brazil), Sysdig (US), NextLabs (US), Britive (US), StrongDM (US), Solvo (Israel), Ermetic (US), One Identity (US), Authomize (US), Sonrai Security (US), Radware (Israel), SecurEnds (US), and SSH Communications Security (Finland) are the key players and other players in the CIEM Market.

Recent Developments

Cloud Infrastructure Entitlement Management (CIEM) Market Advantages:

Report Objectives

Browse Adjacent Market: Information Security Market Research Reports & Consulting

Browse Other Reports:

Identity and Access Management Market- Global Forecast to 2028

Fraud Detection and Prevention Market- Global Forecast to 2028

MEA Cybersecurity Market- Global Forecast to 2028

Quantum Cryptography Market - Global Forecast to 2028

Healthcare Cybersecurity Market - Global Forecast to 2028

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