Identity And Access Management Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Identity And Access Management Market Worth $24.12 Billion By 2025�
The global identity and access management (IAM) market size is expected to reach USD 24.12 billion by 2025, at a CAGR of 13.1% over the forecast period according to a new report by Grand View Research, Inc. Proliferation of cloud services and Bring Your Own Devices (BYOD) within the organization have raised concerns and provided a potentially gateway for threats. However, IAM has potentially reduced the complexity and risk of managing identities by providing robust controlling access to its user. Stringent compliance by the government bodies to curb theft of sensitive and identity information has compelled the organizations to substantially improve their spending on IT security. Moreover, the growth of web-based applications, risk management such as policy-based compliance and audit management are anticipated to be the key factors driving IAM demand. Additionally, the growing popularity of connected devices and the Internet of Things (IoT) are expected to create a substantial demand for IAM solutions within organizations. Adoption of cloud deployment in the sizes of the organization is rapidly growing owing to the cost-effectiveness and flexibility in carrying out the business functions. Moreover, it also offers an organization the opportunity to digitally transform their IT infrastructure, thereby gaining a competitive edge in the market. However, cyberspace networks are increasingly getting vulnerable to cyber and malware attacks. Thus, IAM provides a unified view into security policy coupled with auditing to ease compliance processes within the organization.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/identity-and-accessmanagement-iam
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In the digitally advanced cyberspace, managing access control and identities for enterprise applications act as one of the significant challenges faced by IT. As on-demand computing services are anticipated to become more prominent, incorporating cloud-based identity services would ensure robust security in the long run. Moreover, adoption of cloud platforms such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and, Software as a Service (SaaS) have necessitated the IT departments to improve the organization’s IAM. Thus, improved IAM practices and processes are expected to help the cloud services provider to deliver robust services and provide scalability for the user. Furthermore, utilizing cloud-based services has put the IT security function as a significant concern for the organization. Thus, enterprises are expected to adopt IAM solutions to curb advanced cyber-attacks over the forecast period. Further key findings from the report suggest: Provisioning component segment accounted for highest market share of 30.71% in terms of revenue in 2018
Multifactor authentication component segment is anticipated to witness the highest CAGR of 17.0% over the forecast period
On-premise deployment segment led the identity and access management market and was valued at USD 5.28 billion in 2018
BFSI end use segment is anticipated to witness the highest CAGR of 14.7% over the forecast period
Asia Pacific is expected to expand at the highest CAGR of 15.6% over the forecast period
Oracle, IBM Corporation, CA Technologies, NetIQ Corporation, HID Global Corporation and others accounting for the majority share of the market in 2018
Grand View Research has segmented identity and access management market on the basis of component, deployment, end-use, and region: Identity and Access Management (IAM) Component Outlook (Revenue, USD Million, 2015 - 2025) Audit, Compliance & Governance
Directory Service
Multifactor Authentication
Provisioning
Password Management
Single Sign-On
Identity and Access Management (IAM) Deployment Outlook (Revenue, USD Million, 2015 - 2025) Cloud
Hybrid
On-Premise
Identity and Access Management (IAM) End Use Outlook (Revenue, USD Million, 2015 - 2025) BFSI
Energy, Oil & Gas
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Telecom & IT
Education
Healthcare
Public sector & utilities
Manufacturing
Others
Identity and Access Management (IAM) Regional Outlook (Revenue, USD Million 2015 - 2025) North America
o
U.S.
o
Canada
Europe o
Germany
o
U.K.
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
o
Mexico
MEA
Table of Content Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 IAM - Industry Snapshot & Key Buying Criteria, 2015 - 2025 Chapter 3 IAM Industry Outlook 3.1 Market Segmentation 3.2 IAM Market Size And Growth Prospects
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3.3 IAM Value Chain Analysis 3.4 Technology Landscape 3.5 IAM Market Dynamics 3.5.1 Market driver analysis 3.5.1.1 Strengthening regulatory compliances 3.5.1.2 Increasing implementation of IAM solution for business facilitation 3.5.1.3 Improving operational efficiency 3.5.1.4 Increasing Security Concerns Among Organizations 3.5.2 Market restraint analysis 3.5.2.1 Complexity of cloud IAM solutions 3.5.2.2 Distributed applications 3.6 Key Opportunities Prioritized 3.7 Industry Analysis - Porter’s 3.8 IAM Key Competitor Analysis, 2018 3.8.1 Market strategy overview 3.9 IAM - PESTEL analysis Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519
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Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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