Exploring Cloud Infrastructure Entitlement Management Market Dynamics: Growth Trends and Forecast by

Webersnits05 Feb, 2025News

Cloud Infrastructure Entitlement Management (CIEM) Market by Offering (Solution, Professional Services), Vertical (BFSI, Healthcare, Retail and eCommerce, Telecommunications, IT and ITeS) and Region - Global Forecast to 2028. The global CIEM market is expected to expand from USD 1.2 billion in 2023 to USD 7.5 billion by 2028, with a remarkable Compound Annual Growth Rate (CAGR) of 44.2% over the forecast period. This growth is driven by the increasing challenges in managing identity, access, and privileges, which have amplified the need for robust CIEM solutions to address these emerging risks. Additionally, the growing demand to resolve issues such as limited awareness of cloud resources, cloud security architecture, and strategies has led organizations to adopt CIEM solutions.