Identity Management Software Market Growth Attributed to Novel Breakthrough in IGA for Secure Data Asset

Emergence of hybrid IT environment across enterprises has necessitated adoption of identity management software system for enforcing authorized access to network applications, favoring secure enterprise data access and security. Novel development in identity governance and administration is attributed as chief growth enabler in identity management software market. In a recently added research report, ‘Global Identity Management Software Market Size, Status and Forecast 2018-2025’, Market Research Hub (MRH) collates core developments and their visible implications on the growth of the market.

Developments towards IAM Tools Expected to Leverage Growth Scope in Identity Management Software Market

In the light of evolving enterprise IT ecosystem, service providers are inclined towards facilitation of apt identity authentication for wired as well as wireless systems. Core development focuses also on automated device onboarding and enablement of mobile operating system and automated device access to garner authorized data access. Leading manufacturers are investing enormously for advanced password management tools, security enablement applications, as well as monitoring apps and cloud-based management solutions. These novel developments towards IAM tools are expected to leverage growth scope of leading service providers in the stiff competitive landscape of identity management software market.

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In a recent development in identity management software market, leading player OneLogin has recently unveiled its latest offering in IDaaS, OneLogin Access, aimed at controlled management access for both cloud-based as well as on premise applications. The latest IDaaS is envisioned to precisely address cases of cyber threats aided by its Docker-based deployment model and SAML protocol that enables secure access even in traditional data ecosystem. With this flexible, user oriented profile addition, the company is expected to harness surged revenue flow in identity management software system market.

Detailed summary of research components compiled in the report enlighten readers’ perception on prevailing market segments. This section of the report allows readers to identify the segment associated with surged revenue flow, besides enabling readers to comprehend the impact of segments in leveraging growth in identity management software market. Thorough research components identify type and application as chief segments prevalent in identity management software market, On the basis of type the market is bifurcated as cloud-based and on premise. In terms of application, identity management software market is classified as small and medium sized businesses and large enterprises.

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Additionally, the report also sheds light on geographical scope of identity management software market, based on which the market is diversified as Europe, Southeast Asia, Central and South America, India, China, and Japan. This section of the report allow readers to comprehend various marketing practices facilitated by core market players across aforementioned regional pockets and also evaluate their impact on end-user response.

Competitive Landscape: Identity Management Software System Market

This section of the report entails detailed overview of business practices incorporated by core market players, based on which readers can gauge the impact of these strategies in triggering favorable end-user response such as their buying preferences and eventual buying inclination. New and existing market players in identity management software market can implement detailed analysis if these strategies to attain well-defined perspectives, crucial for facilitation of lucrative business decisions. Eminent market players identified in identity management software market include, OneLogin, Duo Security, Okta, PeoplePlatform, and PracticeProtect amongst a host of others.

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This release was published on openPR.