The global identity & access management market is expected to grow from USD 7,803.61 million 2016 to USD 23,212.65 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 14.60%.
“Rising demand for effective and authorized access to critical resourcesis one of the factors largely attributing to the growth of identity & access management market globally”
The factors attributing to the growth of the market are rising demand for effective and authorized access to critical resources, transparency and accountability with one identity solution, and enhanced security measures to authenticate identity and access. However, some factors such as and security concern due to adoption of cloud-based application and byod may hinder the market growth. The global identity & access management market is expected to showcase the opportunities such as holistic tool for improving information security and corporate performance, centralized cloud-based iam system for productive provisioning, and security tool to identify vulnerabilities inside big data. In the near future, the market may face the possible challenges in the growth due to increasingly distributed mobile workforce and applications, invisible complexity while switching to the cloud, and security conflicts related to third party. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global identity & access management market market.“Single Sign-On: The highest growing component for the global identity & access management market”
On the basis of component, the global identity & access management market is studied across Advanced Authentication, Audit, Compliance, and Governance, Directory Services, Password Management, Provisioning, and Single Sign-On. Among all these component, the Single Sign-On is projected to hold the largest market share while the Advanced Authentication has the potential to grow the market with the highest CAGR in the forecast period.“Banking, Financial Services & Insurance: The highest growing industry for the global identity & access management market”
On the basis of industry, the global identity & access management market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industry, the Banking, Financial Services & Insurance has captured the maximum market share while the Automotive & Transportation has the opportunity to emerge with the highest CAGR.“On-Premises: The highest growing deployment for the global identity & access management market”
On the basis of deployment, the global identity & access management market is studied across On-Cloud and On-Premises. Among all these deployment, the On-Premises has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.“Americas: The highest growing geography for the global identity & access management market”
On the basis of geography, the global identity & access management market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.
“Amazon Web Services, Inc.: The potential growing player for the global identity & access management market”
The key players profiled in the global identity & access management market are Amazon Web Services, Inc., Bitium, Inc., CA Technology, Inc., Centrify Corporation, Cyber-Ark Software, Inc., International Business Machines Corporation, Microsoft Corporation, Okta, Inc., OneLogin, Inc., Oracle Corporation, RSA Security LLC, SAP SE, and Salesforce.com, Inc..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global identity & access management market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global identity & access management market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global identity & access management market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global identity & access management market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global identity & access management market.
Summary:
Get latest Market Research Reports on Identity & Access Management (IAM) . Industry analysis & Market Report on Identity & Access Management (IAM) is a syndicated market report, published as Global Identity & Access Management (IAM) Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of Identity & Access Management (IAM) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.