Identity & Access Management Market Scope
Identity and access management also known as IAM, is the technique or process used in enterprises for managing the roles and accurately delivering the secure access to the authorized users for systems, applications, data they need, at any time, from any device and also providing them the circumstances in which a user can be granted or denied these privileges such as what resources they are able to access or what functions they are able to perform. . The users that use IAM might be customer (customer identity management) or employees (employee identity management). IAM simply gives authentication, authorization, and access control to the users. Increasing issues related to the hacking, corporate data breaching and cybercrimes have more importantly given rise to use IAM in all enterprises.
The market study is being classified by Type (Provisioning, Single Sign-On, Advanced Authentication, Audit, Compliance, & Governance, Directory Services and Password Management), by Application (BFSI, Telecom and IT, Healthcare and Life Sciences, Retail and CPG, Public Sector and Utilities, Energy and Others) and major geographies with country level break-up. According to AMA, the Global Identity & Access Management market is expected to see growth rate of 12.5%
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Identity & Access Management market throughout the predicted period.
IBM Corporation (United States), Oracle Corporation (United States), CA Technologies (United States), Microsoft Corporation (United States), Dell EMC (United States), NetIQ Corporation (United States), Okta, Inc. (United States), Hitachi ID Systems, Inc. (United States), SailPoint Technologies (United States) and Amazon Web Services, Inc. (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Identity & Access Management market by Type, Application and Region.
On the basis of geography, the market of Identity & Access Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. Cloud will boost the Identity & Access Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Type, the sub-segment i.e. Small & Medium Enterprises (SMES) will boost the Identity & Access Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
The Identity & Access Management market appears to be highly competitive and fragmented. To maintain their market position and to drive the market growth market leaders are continuously innovating and increasingly seeking market expansion through various strategic mergers and acquisitions and also increasing their investments in research and development and cost-effective product portfolio. Major players are investing in the latest technology and, most of all, in acquiring other firms.
ON Jun 25, 2018, Ping identity launches new product capabilities to improve customer experience and modernize enterprise IAM systems. The Ping Intelligent Identity achieve Zero Trust identity-defined security and more personalized, streamlined user experiences and Ping Intelligent Identity Platform provides customers, employees, and partners with access to the cloud, mobile, SaaS and on-premises applications and APIs, while also managing identity and profile data at scale.
- Adoption of Cloud Services and Mobile Devices in IAM
- Growing Trend Of Bring Your Own Devices (BYOD) and Internet of Things (Iot)
- Rising Awareness in enterprises About Compliance Management
- Increasing Demand for Mobility Solutions
- Increase in Security Concerns Among Organizations
- Increasing Cloud and SaaS Adoption in both Developed and Developing Nations
- Growing Market via Hybrid Cloud Model
- Lack of Knowledge About Identity & Access Management Solutions
- Risk of Data Breaching
- Issues Related To Complex Integration Due To Diversified IT System Environment
- Difficulty in Collaborating With the Internet of Things
- Inconvenience in Managing Distributed Workforce
Key Target AudienceIAM Service providers, Software development companies, Security service providers, Market research companies, Security software providers and Government
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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 informed prior purchase