Identity And Access Management Market Outlook On The Basis Of Component, Deployment, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 17 Nov 2023: The Report Identity And Access Management Market Size, Share & Trends Analysis Report By End-use (BFSI, Education), By Component (Directory Service, Provisioning), By Deployment (Cloud, On-premise), And Segment Forecasts, 2023 – 2030

The global identity and access management market size is anticipated to reach USD 41.52 billion by 2030, registering a CAGR of 12.6% over the forecast period, according to a new study by Grand View Research Inc. Identity and access management (IAM) is a security discipline that ensures the right entities to use the right resources (data or apps). Advancements in the internet of things (IoT) and artificial intelligence (AI), rising awareness about regulatory compliance management, and increasing reliance on digital platforms & automation across industries are anticipated to drive the industry over the forecast period. The integration of IAM solutions and MDM is anticipated to drive market growth over the forecast period. The rising fraudulent and cybercrime activities are driving enterprises to implement IAM systems as a result of the rapid adoption of the cloud and the advancement of new technologies, such as AI and ML. IAM uses identity analytics and intelligence to monitor unusual user account activity.

Furthermore, IAM systems reduce the cost of services, such as outsourcing, among others. Hence, the rising enterprise identity and security concerns and the elimination of service costs drive the growth of the industry over the forecast period. Furthermore, high installation costs of identity and access management systems are expected to stifle the growth of the industry over the forecast period. The identity and access management industry is adopting the latest IAM business technologies as capital technology. These technologies have increased market opportunities for identity and access management which have been purchased and implemented in recent years. IAM contracts’ market revenue necessitates extensive implementation. Hence, cloud-based IAM services and technology are becoming more accessible by the day which creates opportunities for market growth over the forecast period.

Access Research Report of Identity And Access Management Market @ https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam

Identity And Access Management Market Report Highlights

• The provisioning component segment accounted for the largest revenue share in 2022. Identity management as a service provides an additional layer of security by identifying, validating, and granting individuals access to a company’s information systems
• The cloud-based deployment segment is anticipated to register the highest growth rate over the forecast period
• The public sector & utilities end-use segment held the highest market share in 2022due to rapid digitalization adoption and increased investment in public sector applications
• The BFSI segment is estimated to grow at the fastest CAGR over the forecast period. The growing popularity of online payments, e-wallets, and digital/retail banking is expected to increase the adoption of these types of solutions across the BFSI sector
• Asia Pacific is expected to register the fastest growth rate over the forecast period due to therising internet penetration, rapid digital infrastructure development, presence of a large number of SMEs adopting such systems, and rising operational digitalization

Identity And Access Management Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 18.09 billion
Revenue forecast in 2030	USD 41.52 billion
Growth rate	CAGR of 12.6% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of Identity And Access Management (IAM) Market

• Amazon Web Services, Inc.
• Broadcom
• One Identity LLC.
• ForgeRock
• HID Global Corp.
• IBM
• McAfee, LLC
• Microsoft
• Okta
• OneLogin
• Oracle
• Ping Identity
• SecureAuth
• Evidian
• Intel Corp.

Access Press Release of Identity And Access Management Market @ https://www.grandviewresearch.com/press-release/global-identity-access-management-market

Identity and Access Management Market is Predicted to Observe a Tremendous Growth, With a CAGR of 13.1% From 2019 To 2025 : Grand View Research Inc.

San Francisco, 4 Sep 2020: The Report Physical Identity And Access Management Market Size, Share & Trends Analysis Report By Offering (Software, Services), By Product, By Application (BFSI, Defense & Security, Airports), By Region, And Segment Forecasts, 2019 – 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.

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.

Access Research Report of Identity and Access Management Market @ https://www.grandviewresearch.com/industry-analysis/physical-identity-access-management-piam-market

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

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/network-security-software-and-services

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
• Telecom & IT
• Education
• Healthcare
• Public sector & utilities
• Manufacturing
• Others

Identity and Access Management (IAM) Regional Outlook (Revenue, USD Million 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Identity and Access Management Market @ https://www.grandviewresearch.com/press-release/global-identity-access-management-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Identity and Access Management Market Is Likely To Up Demand At A USD 24.12 Billion By 2025: Grand View Research Inc.

San Francisco, 2 March 2020: The Report Identity And Access Management (IAM) Market Size, Share & Trends Analysis Report By Component, By Deployment (Cloud, Hybrid, On-Premise), By End Use, By Region, And Segment Forecasts, 2019 – 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.

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.

Access Research Report of Identity and Access Management Market @ https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam

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

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/network-security-software-and-services

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
• Telecom & IT
• Education
• Healthcare
• Public sector & utilities
• Manufacturing
• Others

Identity and Access Management (IAM) Regional Outlook (Revenue, USD Million 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Identity and Access Management Market @ https://www.grandviewresearch.com/press-release/global-identity-access-management-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com