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The KuppingerCole Leadership Compass report analyzes the Privileged Access Management (PAM) market, evaluating vendors on innovation, product features, and market presence. Key findings highlight rapid market growth due to cloud adoption and digital transformation, with leaders noted for robust capabilities. The report emphasizes PAM's integration with broader identity security platforms and specialized solutions for niche applications. Challenges include complexity and skilled professional shortages. The market is projected to reach $4.7 billion by 2026, driven by identity proliferation across cloud environments.