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Identity and Access Management Market: Historical Growth, Analysis, Opportunities and Forecast To 2025

Author : Ronak Bora | Published Date : 2020-08-20 

Rising initiatives from enterprises to restrict identity thefts and data leaks are expected to boost identity and access management market growth. In fact, various companies have started to explore the options of strategic collaborations to strengthen their security portfolio.

For instance, in 2018, Ping Identity inked a partnership agreement with SailPoint Technologies to deliver secure access to various hybrid and on-premise IT applications. This venture would allow both firms to deliver simplified governance solutions and identity access to several businesses, thereby ensuring that secured access is given to the right personnel.

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Increasing transformation in the technological landscape has sparked the need for a more connected workplace. Several companies have shifted their focus towards building more a connected work environment to enhance productivity and improve employee satisfaction. This practice is anticipated to boost product adoption in identity and access management market.

Identity and Access Management Market is expected to exceed USD 20 billion by 2025. Due to the growing need to curb the increasing identity theft, firms are investing funds and focusing on strategic alliances to improve their security portfolio. For instance, in June 2018, Ping Identity entered into a strategic partnership with SailPoint Technologies to provide secured access to various on-premise and hybrid IT applications. This partnership will enable the companies to deliver simplified identity access and governance solutions to various enterprises, providing secured access to the right people.

Some major findings of the Identity and Access Management market report include:

  • The demand for IAM solutions is increasing due to the growing trend of BYOD, need for enhanced productivity, and reduced hardware costs for organizations.
  • IAM solutions offer enhanced productivity and improve employee satisfaction
  • Public-private partnership in developing countries is strengthening data & identity security at a reduced cost
  • Major players operating in the bike-sharing market are IBM Corporation, Oracle Corporation, CA Technologies, Symantec Corporation, etc.
  • The rapid increase in cybercrime, proliferation of smartphones, substantial development in industrial sectors, and the rising adoption of BYOD are the prominent factors contributing to the burgeoning demand for IAM solutions in the Asia Pacific region
  • Rapid digitalization coupled with sustainable economic development in Latin America and MEA is propelling market growth

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Latin America identity and access management market is anticipated to grow at a 13% CAGR within the predicted timeframe. This projection is affirmed by the developments that have occurred in the region over the last decade. Over that time, Latin America has witnessed a surging demand for cloud computing, and IoT solutions due to widescale digitalization.

Table of Contents (ToC) of the report:

Chapter 5.   IAM Market, By Solution

5.1.  Key trends, by solution

5.2.  Provisioning

5.2.1. Market estimates and forecast, 2014 - 2025

5.3.  Password management

5.3.1. Market estimates and forecast, 2014 - 2025

5.4.  Directory service

5.4.1. Market estimates and forecast, 2014 - 2025

5.5.  Advanced authentication

5.5.1. Market estimates and forecast, 2014 - 2025

5.6.  Single Sign-On (SSO)

5.6.1. Market estimates and forecast, 2014 - 2025

5.7.  Audit, compliance and governance

5.7.1. Market estimates and forecast, 2014 - 2025

Chapter 6.   Identity And Access Management Market, By Deployment Model

6.1.  Key trends, by deployment model

6.2.  On-premise   

6.2.1. Market estimates and forecast, 2014 - 2025

6.3.  Cloud

6.3.1. Market estimates and forecast, 2014 - 2025

Chapter 7.   Identity And Access Management Market, By Application

7.1.  Key trends, by application

7.2.  BFSI

7.2.1. Market estimates and forecast, 2014 - 2025

7.3.  IT & telecom

7.3.1. Market estimates and forecast, 2014 - 2025

7.4.  Healthcare

7.4.1. Market estimates and forecast, 2014 - 2025

7.5.  Education

7.5.1. Market estimates and forecast, 2014 - 2025

7.6.  Public sector and utilities

7.6.1. Market estimates and forecast, 2014 - 2025

7.7.  Manufacturing

7.7.1. Market estimates and forecast, 2014 - 2025

7.8.  Retail

7.8.1. Market estimates and forecast, 2014 - 2025

7.9.  Others

7.9.1. Market estimates and forecast, 2014 - 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/identity-and-access-management-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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