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The Global Personal Identity Management Market was valued at USD 7.54 billion in 2016 and is projected to reach USD 20.66 billion by 2025, growing at a CAGR of 11.85% from 2017 to 2025 and top key players are VMware, Inc., IBM Corporation, CA Technologies

02-26-2019 10:21 PM CET | Media & Telecommunications

Press release from: Kenneth Research

The Global Personal Identity Management Market was valued at USD

The Global Personal Identity Management Market was valued at USD 7.54 billion in 2016 and is projected to reach USD 20.66 billion by 2025, growing at a CAGR of 11.85% from 2017 to 2025. Identity management in an enterprise is a combination of processes and technologies to manage and secure access to the information and resources of an organization. This model is usually applied to situations where a person has to identify who he/she claims to be by means of a verified identity. Personal identity management provide the client with several benefits including - privacy enhancements, trusted device, secure authentication, user-friendliness and usability, trusted communication, trusted code execution, secure digital signature and trusted viewing mechanism.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increased use of mobile devices
1.2 Rising data breaches and unauthorized access to sensitive data
1.3 Increasing demand for protection from DDoS attacks
1.4 Increasing need of identity management solutions
1.5 Rising adoption of cloud and identity-as-a-service
2. Market Restraints
2.1 Lack of efficient security solutions
2.2 Costly implementation
2.3 Increasing cyber attacks on mobile data

Market Segmentation:
The Global Personal Identity Management Market is segmented on the deployment model, service, application, vertical, and region.

1. By Deployment Model:
1.1 Cloud-based
1.2 On-premise

2. By Service:
2.1 Managed Services
2.2 Professional Services
2.2.1 Support and maintenance service
2.2.2 Consulting services
2.2.3 Training and education services

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3. By Application:
3.1 Content management
3.2 Access control

4. By Vertical:
4.1 Retail
4.2 Healthcare
4.3 Government
4.4 IT and Telecom
4.5 Banking, Financial Services, and Insurance (BFSI)
4.6 Energy and Utilities
4.7 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. VMware, Inc.
2. IBM Corporation
3. CA Technologies
4. Hitachi Id Systems, Inc.
5. Sailpoint Technologies, Inc.
6. Microsoft Corporation
7. Dell Software
8. Oracle Corporation
9. Netiq.
10. Okta, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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