Identity and Access Management Market is expected to project a notable CAGR of 14.5% in 2030.
Global Identity and Access Management Market Research Report Size,Share,Growth,Trends and Forecast provides an deep analysis of the Identity and Access Management Market including detailed description of market sizing and growth, value, the key opportunities in the Identity and Access Management Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period 2021-2030.
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The Identity and Access Management Market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global Identity and Access Management Market discussed. Overall, this report covers the historical situation, present status and the future prospects.Additionally, the worldwide market is segmented based on type, application, deals, and area. It contains numbers, regions, revenue, and offers just as the thorough computation of the business chain structure, opportunities, industry news analysis. The application portion shows the employments of the product.
The Identity and Access Management Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume.
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About Identity and Access Management Market:
Identity and Access Management Market: Market Segments: By Component (Solutions and Services); By Deployment Mode (On-Premises and Cloud); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Vertical (BFSI, IT & Telecom, Public Sector and Utilities, Healthcare, Education, Manufacturing, Retail and Others); and Region Global Analysis by Market Size, Share & Trends for 2014 2020and Forecasts to 2030
Identity and Access Management (IAM) ensures that only legally approved workers have access to the right tools in a highly heterogeneous technological environment. It is a solution that controls access to resources for companies. This primarily ensures that staff, partners and clients have convenient and safe access to the appropriate applications.
Identity and Access Management Market is expected to project a notable CAGR of 14.5% in 2030.
Identity and Access Management Market to surpass USD 26.6 billion by 2030 from USD 10.32 billion in 2019 at a CAGR of 14.5% throughout the forecast period, i.e., 2020-30. The emergence of cloud-based identity and access management software has fueled market growth. The introduction of mandatory policies by national governmental cyber authorities to avoid data loss and enhance protection is a major factor driving the growth of the identity and access management solution industry.
Identity and Access Management Market: Segments
Cloud deployment to grow with the highest CAGR of 15.9% during 2020-30
Identity and Access Management Market is segmented by deployment into cloud and on-premise. On-premise solutions based on deployments, led the market in 2019, accounting for over 52.7 % of market share. Large organizations benefit from cost savings associated with automated user provisioning, as well as enhanced audit capabilities and compliance with their entire portfolio of Software as a Service (SaaS), WebEx, Google Apps and Box.net. Whereas, the cloud segment is projected to record enormous growth over the forecast period. Due to its cost-effectiveness and economies of scale, rising cloud model adoption by different organizations is one of the primary factors contributing to segment growth.
Identity and Access Management Market: Market Dynamics
Substantial growth in data breaches, identity theft and hacking incidents
Identity and access management market growth is attributed to the rising risks of data exposure, data loss, data leakage, insider attacks, and unsafe use. These cyber-attacks are motivated by the rapid introduction of emerging technology such as cloud-based applications, the Internet of Things (IoT), and Bring Your Own Devices (BYOD) by organizations.
Lack of standards and budgetary limitations in the implementation of IAM solutions
The growing environment of cyber threats is one of the biggest challenges for businesses across market verticals. The growth of the IAM industry is limited by the lack of identity requirements and insufficient budgetary resources, combined with the high cost of installing IAM solutions. The initial investment and maintenance costs for using IAM systems are considerable because of the need to implement robust security technologies.
Identity and Access Management Market: Key Players
SailPoint Technologies Holdings, Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
Identity and Access Management Market: Regions
Identity and Access Management Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Identity and Access Management Market in North America held the largest market share of 38.2% in the year 2018 and it is expected to continue its market dominance in the future as favorable regulatory scenario is the primary factor stimulating regional growth. Several U.S. federal agencies, such as hardware-based personal identity identification cards, have incorporated stringent authentication requirements for their employees for accessing government IT infrastructure and networks. Asia Pacific (APAC) has seen advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the worldwide IAM industry during the forecast period. APAC’s major economies, such as China, Japan, Australia and India, are expected to experience strong IAM business growth rates. Industries such as financial institutions, the public sector, healthcare, retail, education, telecommunications, manufacturing, energy and utilities, transport and logistics, hospitality, media and entertainment are expected to introduce the highest level of IAM solutions in the region.
Identity and Access Management Market report also contains analysis on:
Identity and Access Management Market Segments:
o Data Directory
o Identity Lifecycle Management
Single Factor Authentication
o Password Management
Self-service Password Reset (SSPR)
o Access Management, and authorization
o Audit, Compliance, and Governance
o Integration and Deployment
o Support and Maintenance
By Deployment Type:
By Organization Size:
Small and Medium-sized Enterprises (SMEs)
IT & Telecom
Public Sector and Utilities
Identity and Access Management Market Dynamics
Identity and Access Management Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Identity and Access Management Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and 2030?
Who are the key players in the Identity and Access Management Market?
What could be the challenging factors in the growth of Identity and Access Management Market?
What are the growth drivers for the Identity and Access Management Market?
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This report provides detail analysis of the market and have a comprehensive understanding of the Identity and Access Management market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the Identity and Access Management market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the Identity and Access Management market.Identity and Access Management Market Forecast by regions, type and application, with sales and revenue, from 2021.Identity and Access Management Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Detailed TOC of Global Identity and Access Management Market Outlook to 2030
2.Identity and Access Management Market
2.1. Product Overview
2.2. Market Definition
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4.Average Pricing Analysis
5. Macro-Economic Indicators
6.1. Growth Drivers
7.Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8.Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10.Identity and Access Management Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.2. PEST Analysis
11 Identity and Access Management Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.Identity and Access Management: Market Segmentation
12.1. By Regions
13. Company Profile
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
14. Consultant Recommendation
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