In 2026, security teams are rethinking how they manage privileged access and machine identities.
Traditional, infrastructure-heavy Privileged Access Management (PAM) systems like CyberArk no longer fit the pace or flexibility of today’s multi-cloud, automation-driven world.
Organizations are shifting toward SaaS-native, Zero-Trust platforms that combine Secrets Management, PAM, and encryption key lifecycle management in one unified solution.
At the forefront of this transformation stands Akeyless, offering the most comprehensive and cost-effective alternative to CyberArk and other legacy vendors.
This guide compares the top CyberArk competitors and explains why Akeyless is the clear leader in the next generation of PAM and Secrets Management.
What is CyberArk?
CyberArk provides traditional Privileged Access Management capabilities, vaulting credentials, rotating passwords, and monitoring administrator sessions.
It was originally designed for on-premise and legacy IT environments, where control over privileged accounts is centralized and static.
Over time, CyberArk has expanded its portfolio (e.g., Privilege Cloud, Endpoint Privilege Manager, Conjur), yet each module operates independently and requires significant integration effort.
In short: CyberArk helps secure privileged accounts, but its architecture and licensing model reflect an earlier IT era, not today’s dynamic, cloud-native ecosystems.
Benefits and Drawbacks of CyberArk
Benefits
- Centralized privileged access and session management.
- Extensive compliance reporting for audit frameworks like SOX, PCI-DSS, and ISO 27001.
- Deep integration with identity governance solutions such as SailPoint.
Drawbacks
- High total cost of ownership: Licensing, hardware, and maintenance costs accumulate quickly.
- Complex setup: Multi-component architecture increases deployment time and dependency on trained administrators.
- Limited cloud-native flexibility: Optimized for static on-prem accounts rather than ephemeral, multi-cloud workloads.
- Separate modules for secrets, keys, and remote access: No single, unified control plane.
These drawbacks have pushed many enterprises to evaluate cloud-first CyberArk alternatives that deliver faster deployment, automation, and stronger Zero-Trust alignment.
How to Choose the Right CyberArk Alternative
When assessing CyberArk competitors, focus on solutions that deliver modern outcomes with lower complexity:
- Zero-Knowledge Encryption – The vendor should never have access to your secrets.
- SaaS-Native Architecture – Reduces maintenance and scales automatically.
- Zero Standing Privilege (ZSP) – Eliminates persistent admin accounts.
- Automation – Includes secret rotation, policy enforcement, and audit reporting.
- Unified Platform – Combines PAM, Secrets Management, and Key Management without add-ons.
- Transparent Pricing – No hidden costs for replication, modules, or licenses.
Best CyberArk Competitors & Alternatives: A Detailed Comparison
Below are the leading CyberArk alternatives in 2026. Each offers unique strengths, but only one, Akeyless, fully addresses the needs of modern, hybrid, and multi-cloud enterprises.
1. Akeyless
Best for: Enterprises modernizing toward Zero Trust, Zero Standing Privilege, and unified identity security.
Delivery Model: SaaS-native Zero-Knowledge Architecture
Key Advantage: Unified platform for Secrets Management, Modern PAM, Key Management, and Certificate Lifecycle Management, all powered by Zero-Knowledge encryption.
Why Organizations Choose Akeyless
Akeyless was built to overcome the complexity, cost, and scalability issues of legacy PAM solutions.
Unlike CyberArk, which requires multiple modules and heavy infrastructure, Akeyless is entirely cloud-delivered, no clusters, no replication, no maintenance.
Core Strengths
- Distributed Fragments Cryptography (DFC™): Patented Zero-Knowledge encryption that ensures even Akeyless cannot access customer data.
- Zero-Knowledge Architecture: Stateless gateways handle encryption locally, eliminating the need for traditional vaults.
- Automated Rotation: Full credential lifecycle management across AWS, Azure, GCP, databases, and on-prem systems.
- Dynamic Secrets & Just-in-Time Access: Generates short-lived credentials on demand, replacing standing admin accounts.
- Built-In Secure Remote Access: Privileged session access for SSH, RDP, and databases, no extra tool like CyberArk’s Privilege Cloud or HashiCorp Boundary required.
- Multi vault governance – Universal Secrets Connector: Centralizes control of secrets from AWS, Azure, GCP, Vault, and Kubernetes.
Proven Results
- 80–90 % reduction in permanent privileged accounts.
- 70 % lower maintenance effort compared to HashiCorp Vault.
- Instant audit readiness with Zero Standing Privilege verification and complete session traceability.
“We eliminated nearly all permanent privileged access. With Akeyless, we can show auditors there are no standing privileges left.”
IT Security Lead, EU Bank
Bottom Line
Akeyless delivers everything enterprises expect from CyberArk, plus automation, unified visibility, and true Zero-Knowledge security.
It’s more secure, easier to operate, and significantly more cost-efficient.
2. HashiCorp Vault + Boundary
Best for: DevOps teams that prefer self-managed infrastructure.
Delivery Model: Self-hosted or managed (HCP Vault).
Vault is respected for its flexible secrets management and encryption capabilities, while Boundary adds session access control.
Where It Falls Short
- Steep learning curve and heavy configuration requirements.
- High cost for enterprise features like DR and replication.
- No built-in PAM, Boundary is separate.
- Secrets stored in HashiCorp’s AWS-managed environment (for HCP Vault), raising sovereignty concerns.
Akeyless Advantage: Same dynamic secrets, encryption, and access management, delivered as true SaaS without the infrastructure overhead.
3. BeyondTrust
Best for: Enterprises focused on endpoint privilege and compliance.
Delivery Model: Hybrid.
BeyondTrust is known for endpoint privilege management and remote access but remains infrastructure-heavy.
Key Challenges
- Agent-based deployment increases maintenance.
- Limited support for ephemeral workloads or DevOps automation.
- Scaling to multi-cloud adds complexity and cost.
Akeyless Advantage: Fully agentless and cloud-native, providing dynamic access and automation that BeyondTrust cannot match.
4. Delinea (Thycotic + Centrify)
Best for: Legacy PAM users seeking modernization.
Delivery Model: Hybrid or on-prem.
Delinea merges Thycotic’s Secret Server and Centrify’s access controls. While functional, it lacks unified SaaS delivery or Zero-Knowledge encryption.
Limitations
- Hybrid setup requires on-prem components.
- Manual configuration for secret rotation and JIT access.
- Lacks integrated key or certificate management.
Akeyless Advantage: Delivers all of the above natively in one SaaS platform, no patching, no servers, no complexity.
5. Keeper Security
Best for: SMBs and smaller DevOps teams.
Delivery Model: SaaS.
Keeper evolved from a password manager into a basic PAM and Secrets Manager.
Advantages
- Quick deployment, intuitive interface.
Limitations
- Limited automation and dynamic secret support.
- Lacks Zero-Knowledge design and enterprise-grade scalability.
- No unified platform for secrets, keys, and privileged sessions.
Akeyless Advantage: Combines enterprise scalability with the same simplicity Keeper is known for, while providing the automation and Zero-Trust architecture Keeper lacks.
FAQs on CyberArk Competitors and Alternatives
Which is better, Akeyless or CyberArk?
For legacy on-premise environments, CyberArk remains functional.
For cloud, hybrid, and DevOps-driven organizations, Akeyless is decisively better, faster to deploy, easier to maintain, and built on a Zero-Knowledge, SaaS-native foundation.
Why is CyberArk so expensive?
CyberArk’s multi-module architecture, heavy infrastructure, and licensing model lead to higher operational costs.
Akeyless eliminates these expenses with a single SaaS platform, reducing total cost of ownership by up to 70%.
Who are the competitors of PAM CyberArk?
Top CyberArk competitors in 2026 include Akeyless, HashiCorp Vault, BeyondTrust, Delinea, and Keeper Security.
Among these, Akeyless uniquely integrates Secrets Management, PAM, Key Management, and Certificate Automation into one unified solution.
Which is better: SailPoint, CyberArk, or Akeyless?
SailPoint focuses on identity governance, not PAM.
CyberArk specializes in vault-based access control.
Akeyless combines both worlds, identity-based, just-in-time access with unified secrets management and automation.
What is the difference between CyberArk, BeyondTrust, and Akeyless?
| Feature | CyberArk | BeyondTrust | Akeyless |
| Delivery Model | Hybrid | Hybrid | True SaaS |
| Secrets Management | Limited | Basic | Integrated, automated |
| Zero-Knowledge Encryption | No | No | Yes (DFC™) |
| Just-in-Time Access | Yes (complex) | Partial | Native, automated |
| TCO | High | High | Up to 70% lower |
