Consumer Identity and Access Management Market to 2023 – Growing Steady at 18.8% CAGR and Projected to Reach US$ 37.79 Billion

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The Consumer Identity and Access Management (IAM) Market is expected to grow from US$ 16.00 Billion in 2018 to US$ 37.79 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Consumer IAM market spread across 156 Pages, profiling 25 companies and supported with tables and figures.

The cloud segment is a faster-growing segment in the consumer IAM market. SMEs, in particular, have implemented cloud deployment mode, as it enables them to focus on their core competencies rather than investing their capital in the security infrastructure. Organizations can avoid costs related to hardware, software, storage, and technical staff by using cloud-based solutions. Hence, the cloud segment is estimated to contribute the largest market share in the consumer IAM market, in 2018.

Asia Pacific is expected to account for the highest growth rate during the forecast period.
Asia Pacific (APAC) is expected to show the highest growth rate during the forecast period in the consumer IAM market. Thisgrowth is chiefly due to the high-security spending by organizations in major countries, such as China, Australia, India, Singapore, and Japan, for consumer identity proofing, authentication, and authorization. Furthermore, North America is estimated to account for the largest market size, in 2018, as the region is an early adopter of these security technologies.

The break-up profiles of the primary participants are given below:
• By Company Type: Tier 1: 11%, Tier 2: 23%, and Tier 3: 66%
• By Designation: C-Level: 61%, Director Level: 27%, and Others: 12%
• By Region: North America: 36%, Europe: 24%, APAC: 28%, and Rest of the World (RoW): 12%

The Study Objectives of this report are:
The objective of the report is to define, describe, and forecast the global consumer IAM market on the basis of solutions, services, authentication types, deployment modes, organization size, industry verticals, and regions. The report analyzes each subsegment with respect to the individual growth trends, future prospects, and contribution to the total consumer IAM market. Furthermore, the report profiles the key players of the consumer IAM market and comprehensively analyzes their core competencies in the market.

Top Key Players in the “Consumer Identity and Access Management Market” include are IBM (US), Microsoft (US), Salesforce (US), SAP (Germany), Okta (US), CA Technologies (US), Janrain (US), Ping Identity (US), ForgeRock (US), LoginRadius (Canada), iWelcome (Netherlands), GlobalSign (UK), Trusona (US), SecureAuth (US), WidasConcepts (Germany), Acuant (US), EmpowerID (US), Onegini (Netherlands), Pirean (UK), Auth0 (US), Avatier (US), Ergon (Switzerland), ManageEngine (US), Simeio Solutions (US), and Ubisecure (Finland).

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Target Audience for consumer Identity and Access Management Market:
• Identity and access management vendors
• Cybersecurity technology vendors
• IT services providers
• Consulting firms
• System integrators
• Value-added resellers
• Managed Security Service Providers (MSSPs)

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