SPARK Matrix™: Insider Risk Management A Comprehensive Evaluation of Market Growth and Technology Trends

 

QKS Group Reveals that the Insider Risk Management (IRM) Market is Projected to Grow at a CAGR of 16.30% by 2028

As organizations increasingly collaborate with third parties such as vendors, suppliers, and contractors to reduce operational costs, enhance profitability, accelerate time-to-market, and gain competitive advantage, the amount of shared sensitive data has grown significantly. This includes personally identifiable information (PII), which, when shared with external partners, heightens the risk of data breaches and leaks.

Globalization and digital transformation have further intensified dependence on third-party vendors for critical functions like IT services, payroll management, and logistics. Consequently, any security lapse or data breach at these partners can lead to exposure or theft of sensitive corporate data. To address these evolving threats, Insider Risk Management (IRM) solutions are increasingly being adopted across industries. These tools enable organizations to continuously monitor, detect, and analyze both internal and third-party activities, helping identify vulnerabilities and strengthen overall cybersecurity resilience.

By implementing Insider Risk Management (IRM) systems, enterprises gain deeper visibility into their internal operations and vendor networks, allowing them to mitigate insider and third-party risks effectively. This not only safeguards sensitive information but also supports regulatory compliance and data governance initiatives.

Key Questions Addressed in This Study

What is the growth rate of the global Insider Risk Management market?

What are the major factors driving and restraining market growth?

Which industries present the highest growth potential during the forecast period?

Which regions are expected to experience the fastest adoption of IRM solutions?

Which customer segments hold the greatest market opportunity?

Which deployment models of IRM solutions are projected to grow most rapidly over the next five years?

Strategic Market Direction

Leading vendors in the Insider Risk Management (IRM) market leverage advanced technologies such as behavioral analytics, machine learning (ML), and zero trust security frameworks to strengthen threat detection and response capabilities. IRM platforms utilize behavioral analytics and ML to break down user activities into detailed behavioral patterns, allowing for real-time monitoring and faster identification of anomalies. These technologies help simplify complex security management processes, ensuring efficiency and adaptability in addressing insider threats.

To develop effective IRM solutions, vendors must align technology capabilities with evolving business needs, ensuring seamless integration, scalability, and interoperability. By combining multiple security tools within a unified ecosystem, organizations can achieve continuous, automated monitoring and response—improving overall reliability, operational visibility, and data protection.

Vendors Covered

Aware, Bottomline, Code42, Cogility, CounterCraft, Crisp, CyberHaven, Dasera, DoControl, DTEX Systems, Ekran System, Elevate Security, Everfox, Exabeam, Fortinet, Gurucul, Human Security, IBM, LogPoint, LogRhythm, Microsoft, Next, OpenText, Proofpoint, Rapid7, RSA, SailPoint, Secure Passage, Securonix, Splunk, Teramind, and Veriato.

Custom Research Service  

Our custom research service is designed to meet the client’s specific requirements by providing a customized, in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic to help companies successfully address business challenges. Our team of experienced consultants can help you achieve short-term and long-term business goals.