openPR Logo
Press release

Identity & Access Management (IAM) Market Forecasts By Top Key Players: Ping Identity, Okta, Inc., HID Global, SailPoint, Symantec, Siemens, Oracle, OpenText, Microsoft, IBM, Hitachi, HID Global, Gemalto, ForgeRock, Dell, Centrify Corporation, CA Technolo

02-04-2019 09:09 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc

Identity & Access Management (IAM) Market

Identity & Access Management (IAM) Market

Global Identity & Access Management (IAM) Market share will be driven by increasing concerns regarding data breach and theft of sensitive enterprise information. The audit, compliance, and governance solution are rising at the fastest rate and is projected to grow at a CAGR of 16.1% over the forecast period. Furthermore, the rapid technological developments in cloud computing, IoT, and big data & its implementation across enterprise compliance and governance also resulted in the greater adoption of the audit, compliance, and governance solutions. This will protect the cardholders against the damage of their personal information. Any non-compliance to follow these standards results in huge penalties and hence organizations have increased their adoption of auditing, compliance, and governance solutions.

Request for a sample of this research report @ www.gminsights.com/request-sample/detail/176

The advanced authentication segment held around 23.7% of the identity and access management market share in 2017, mainly due to factors such as increase in cybercriminal activities, rising security threats, BYOD policy in enterprises, and supportive government regulations. Increased usage of advanced authentication in various verticals, mainly BFSI, IT & telecom, and healthcare, also contributes to the identity and access management market growth. Furthermore, the centralized policy engine in these systems assists in providing flexibility and consistency in authentication, fueling their market demand.

The BFSI sector is rising at the fastest rate in the identity and access management market and is projected to grow at a CAGR of 13.1% over the forecast timespan. These solutions play a vital role in creating secured and reliable IT security in the banking sector. Around 90% of the financial institutions are affected by data breach, out of which 60 percent are cases of identity abuse. Regulatory departments, such as the Australian Prudential Regulation Authority (APRA) and U.S. Security and Exchange Commission (SEC), have set strict regulations, enforcing the financial institutions to comply with the security requirements. Hence, major financial institutions have made substantial investments in implementing the enhanced IAM solutions, driving the identity and access management market value.

Global Identity and Access Management (IAM) Market size was estimated to be over USD 9.5 billion in 2017 and is set to exceed USD 18.9 billion by 2024; according to a new research report by Global Market Insights, Inc.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Ping Identity
2. Okta, Inc.
3. HID Global
4. SailPoint
5. Symantec
6. Siemens
7. Oracle
8. OpenText
9. Microsoft
10. IBM
11. Hitachi
12. HID Global
13. Gemalto
14. ForgeRock
15. Dell
16. Centrify Corporation
17. CA Technologies

The Asia Pacific identity and access management (IAM) market is growing at the fastest pace and is projected to grow at a CAGR of 15.6% over the forecast timeline due to the rapid increase in cybercrimes, increased penetration of smartphones, growing demand for cloud-based solutions, substantial development in the industrial sector, and rising adoption of BYOD. The IoT adoption in 2013 was around 12 percent, which reached around 36 percent in 2017.

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/176

The Latin American identity and access management market is anticipated to grow at a CAGR of 13.1% over the forecast timespan. Due to the increasing connectivity in personal, urban, and corporate environments, the dependence on technology and associated vulnerabilities has increased in this region giving rise to cyberthreats. Over the last decade, this region has witnessed huge digitalization with an enhanced adoption of big data, cloud computing, and IoT solutions, accelerating the identity and access management market demand.

The prominent companies functioning in the identity and access management market include CA Technologies, Centrify Corporation, Dell, ForgeRock, Gemalto, HID Global, Hitachi, IBM, Microsoft, OpenText, Oracle, Siemens, Symantec, SailPoint, Crossmatch, HID Global, iWelcome, Net IQ, Okta, Inc., OneLogin, and Ping Identity.

Browse key industry insights spread across 200 pages with 210 market data tables & 39 figures & charts from the report, Identity and Access Management (IAM) Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/identity-and-access-management-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Identity & Access Management (IAM) Market Forecasts By Top Key Players: Ping Identity, Okta, Inc., HID Global, SailPoint, Symantec, Siemens, Oracle, OpenText, Microsoft, IBM, Hitachi, HID Global, Gemalto, ForgeRock, Dell, Centrify Corporation, CA Technolo here

News-ID: 1555875 • Views: 317

More Releases from Global Market Insights, Inc

How global Crane Market Growing Rapidly...? Top players - Liebherr Group, Terex …
The Crane Market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, size and trends worldwide. Crane Market is expected to exceed USD 28 billion by 2025. The increasing construction spending and the emergence of new public & private infrastructures across the globe
Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.

All 5 Releases


More Releases for Identity

Consumer Identity Access Management Market By Directory Services Identity Proofi …
Consumer Identity Access Management Market accounted for USD 13.75 billion in 2016 growing at a CAGR of 16.75% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. New research report of Consumer Identity Access Management Market Analysis with Top Companies as recent as 2017
Consumer Identity Access Management Market Directory Services Identity Proofing/ …
Global Consumer IAM Market accounted for USD 13.75 billion in 2016 growing at a CAGR of 16.75% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. New research report of Global Consumer IAM Market Analysis with Top Companies as recent as 2017 and forecasts
Digital Identity Opportunities for telecom operators
Albany, New York, March 07, 2017: Market Research Hub has recently announced the addition of a new report to it broad database titled as “Digital Identity”. It presents the major technologies used for authenticating end users and managing their digital identity, including some identity-based services such as e-signature, fraud detection and access control. Request for Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=1012242 Opportunities for telecom operators This report analyses the technology and market trends around digital identity.
Mantri Developers Unveil New Corporate Identity
Bangalore,Mantri Developers, India’s leading real estate developers, today unveiled their new corporate identity and logo. The new identity reflects the expanded strategic focus of the brand as it evolves from a realty brand to an aspirational luxury brand. Mr. Sushil Mantri established Mantri Developers in 1999. Over the past 11 years the company has significantly changed the way in which the real estate sector in Bangalore operates. The organization has challenged
New solution: ″CodeMeter Identity″ verifies online identity
Many companies use the power of the Internet, (Extranet or Intranet) to provide proprietary information intended only for the eyes of a select group. Such a group might be members of a private organization, customers, partners, dealers, service staff or project groups. To keep this information from falling into the wrong hands it is important that authorized persons be able to provide positive identification via secure and well-established security protocols.
Identity Defense Initiates Advisory Board
Stephen J. Suhowatsky named Chairman of Advisory Board [Syracuse NY-June 5, 2007] – Identity Defense.com, a Syracuse based company committed to helping individuals defend their identity from theft and fraud, created an Identity Defense Advisory Board. Stephen J. Suhowatsky has been named its initial member. The board will be comprised of business professionals whose input and experience will enhance the Identity Defense team. Stephen J. Suhowatsky is a seasoned executive with