Global Cloud Directory Services Software Market Overview:
As cloud adoption in IT continues to rise, vendors are introducing cloud directory offerings to space. Cloud directory services software is an implementation of identity management and directory solutions delivered through the cloud. Software help companies store information about individual identities and manage their lifecycles. Companies use these tools as they transition away from on-premise or locally operating identity management software. Cloud directory services solutions provide many simple integrations to help expedite identity management operations across different networks and applications. In an era of increased competition, faster development cycles, and new types of infrastructure and platforms, a cloud-based directory service software that can enable IT is well worth it.
- Increasing Adoption of Cloud Services
- Growing Requirement for Authentication Services in Organizations
- High Adoption of BYOD Policies Adopted By Various Organizations
- Lack of Trust in Cloud Services
- Opportunities in the Asia Pacific Region
- Increasing Adoption of Cloud Directory Services Software fro End-User
- Lack of Knowledge about Cloud Directory Services Software
The market is fragmented by some leading vendors who are majorly focusing on the production technologies, for improving efficiency and shelf life. Growth opportunities are captured by tracking the ongoing process improvement and financial flexibility to invest in market growth strategies.
Some of the key players profiled in the report are Red Hat (United States), Tools4ever (United States), IAM Technology Group (United Kingdom), Keystone Management Group (United States), Okta, Inc. (United States), Zoho (India), Oracle (United States), ForgeRock (United States), JumpCloud, Inc. (United States), Microsoft (United States) and Salesforce.com (United States). Additionally, following companies can also be profiled that are part of our coverage like Freshworks (United States) and Micro Focus (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global Cloud Directory Services Software market by 2026. Considering Market by Platform, the sub-segment i.e. Windows will boost the Cloud Directory Services Software market. Considering Market by Industry Vertical, the sub-segment i.e. IT & Telecom will boost the Cloud Directory Services Software market.
In July 2020, Optimal IdM, a leading provider of Identity and Access Management (IAM) solutions, has announced the launch of a new cloud-based virtual directory service, making it the only cloud-based virtual directory available.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Directory Services Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cloud Directory Services Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Cloud Directory Services Software Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.