Privileged Access Management (PAM) Market forecast 2024-2033

Privileged Access Management (PAM) refers to the process of managing and controlling access to privileged accounts within an organization. Privileged accounts are those that have elevated permissions and access to critical systems and sensitive data. These accounts are often targeted by cyber attackers as they provide the highest level of access and control over an organization’s IT infrastructure.

PAM involves the implementation of policies, procedures, and technologies to ensure that only authorized users have access to privileged accounts and that their activities are monitored and audited. This helps to reduce the risk of insider threats, external attacks, and accidental or malicious misuse of privileged credentials.