Global Cloud Identity and Access Management (IAM) Market to 2025| Centrify, CA, Google, Gemalto NV, Microsoft, Auth0®, SAP SE, Okta, SafeNet

Albany, NY, 2nd November : Recent research and the current scenario as well as future market potential of "Cloud Identity and Access Management (IAM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" globally.

Cloud identity and access management (IAM) is a solution that enables the management of electronic or digital identities across business processes. Cloud IAM comprises organizational policies for managing digital identity and supporting technologies required for identity and access management.

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Within these policies all users are authorized, authenticated, and evaluated. Additionally, these access policies are also used to allocate users and service access to the resources. Cloud identity and access management offers single access control interface for all cloud platform services. Cloud IAM is often used to record, capture, and manage user identities and access permissions. Furthermore, cloud IAM also offers centralized identity and access, single sign-on, application on-boarding processes and security services across cloud-based platforms. Cloud IAM providers offer various functionalities such as identity synchronization and provisioning, customer identity management, federation service, single sign-on (SSO) capabilities and others such as integration features and application connectors modules. Similarly, cloud IAM providers are delivering database integrated solutions in order to effectively and efficiently map users across applications, devices, and networks.

Rising adoption of cloud-based platforms for software development across applications is primarily driving the growth of the cloud IAM market. Cloud IAM enables enterprises to access online resources securely as well as protects digital interactions of partners, customers, and employees. Moreover, a large number of small, medium and large enterprises are utilizing software as a service models across software applications which are supplementing the growth of the cloud IAM market. Additionally, with growing deployment of cloud-based applications and with a large number of users accessing the applications, it is challenging to maintain the pool of users and passwords. Cloud IAM helps enterprises to effectively and efficiently allow provision and de-provision of users and maintain multi-factor authentication. Growing demand for distributed software applications across industries is boosting the adoption of cloud IAM solutions. Enterprises are emphasizing on identifying and eliminating insider threats associated with security practices and data, by implementing cloud IAM solutions. As cloud IAM is an enabler of mobile computing and helps enterprises to implement secure mobile computing programs, growing adoption of bring your own device (BYOD) in business processes is supplementing the demand for cloud IAM. However, security issues associated with cloud-based platforms and rising cyber-attacks on data and information are anticipated to restrain the cloud IAM market. In addition, lack of control over privileged access to applications is also one of the major barriers the cloud IAM market is facing currently. However, rising adoption of cloud-based applications is expected to offer prominent opportunities for the cloud IAM market in the near future.

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The global cloud IAM market can be segmented based on service model, deployment type, and end-use industry. Based on service model, the cloud IAM market can be classified into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). On the basis of deployment type, the market is categorized into private cloud IAM solutions, public cloud IAM solutions, and hybrid/ multi cloud IAM solutions. Based on end-use industry, the market can be bifurcated into education, IT enterprises, government, sports, media & entertainment, and others, which includes healthcare and tourism. The cloud IAM market in emerging economies especially in Europe and Asia Pacific is anticipated to see healthy growth during the forecast period owing to factors such as advancing penetration of cloud technologies. Moreover, strong demand for reduced data loss and better management of accesses across applications is expected to supplement the growth of the cloud IAM market across these regions.

Growing importance of cloud-based identity & access management and better maturity of cloud-based solutions has led multiple companies to participate in the cloud IAM market. Some of the companies in the market are Centrify Corporation, CA, Inc.; Google, Inc.; Gemalto NV, Microsoft Corporation, Auth0®, Inc.; SAP SE, Okta, Inc.; International Business Machine (IBM) Corp., IAM Technology Group Ltd., Micro Focus, SafeNet, Inc.; OneLogin, Inc.; and F5 Networks, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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