|03-15-2019 06:51 AM CET - IT, New Media & Software||
Identity and Access Management Market 2019 Global Industry Analysis by Amazon Web Services, IBM, Microsoft, Oracle Corporation, Siemens, CA Technologies ForgeRock
Press release from: Market Research Future
The report on the global Identity & Access Management market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
IAM or Identity Management System can be explained as a system framework which facilitates the management of the organization of electronic identities. Today, IAM can be used for various purposes including initiating, capturing, recording and management of the user identities. Increasing automation in the industry and high dependency on the technology for the business process is forcing the IT companies for making continuous investment to develop new products.
The global IAM market is growing rapidly. High adoption rate by the large enterprises with the increasing need of this system is helping the market to grow. Other factors such as high investment in R&D, new product development, high demand for the security services and growing market of automation in today’s technological environment are some of the key factors for the market growth whereas cost and shortage of skilled professional in the industry are some of the major restraint of the market.
Bettering consumer experience and business workflow are now of utmost priority. Identity access management (IAM) system is one such program that by storing personal information gives access to individuals by that record. On the other hand, cases involving consumers can be bettered by providing a customized solution for individuals based on their previous experiences. The growth of identity access management system is on a fast-track. The global identity access management system market can expect an astounding 16% CAGR to reach a valuation of USD 24 billion during the forecast period (2016-2022).
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Market Key Players
• F5 Networks (U.S.),
• Amazon Web Services (U.S.),
• HP (U.S.),
• IBM (U.S.),
• Microsoft Inc. (U.S.),
• Oracle Corporation (U.S.),
• Siemens AG (Germany),
• Dell Inc. (U.S.),
• CA Technologies (U.S.),
• ForgeRock Inc. (U.S.),
• Gemalto (Netherlands),
• Centrify (U.S.),
GlobalSign (U.K), Accenture PLC (Republic of Ireland), NTT Communications (Japan), Infosys Ltd (India), HCL Technologies (India), Happiest Minds (India), Capgemini Worldwide (France), Cognizant Technology Solutions (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Identity & Access Management Market.
According to MRFR, The Global Identity & Access Management Market is expected to grow at USD 24 billion by the end of year 2022 with the 16% of compound annual growth rate.
The market of identity & access management appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on latest technology and, most of all, in acquiring other firms.
The identity & access management market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Deployment: Comprises On Cloud (Public, Private, and Hybrid) On Premise.
Segmentation by Organization Size: Comprises SMEs, Large Enterprises.
Segmentation by Verticals: Comprises BFSI, Manufacturing, IT & Telecommunication, Government, Healthcare and others
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
North America is dominating the market IAM. Factors such as high technological advancement, presence of global players and developed nations such as U.S. and Canada gives North America a competitive advantage over other regions. Europe stands as second biggest market due to the rich presence of manufacturing industry and growing BFSI industry in U.K. Asia-Pacific is also showing positive trend in this market due to the growing economy of China and India. Rich presence of semiconductor and other manufacturing industry in China, South Korea and Taiwan are supporting the market of IAM in Asia Pacific region.
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• IAM Service providers
• Software development companies
• Security service providers
• Market research companies
• Security software providers
LIST OF TABLES
Table 1 Global Identity & Access Management Market, By Deployment
Table 2 Global Identity & Access Management Market, By Organization Size
Table 3 Global Identity & Access Management Market, By Verticals
Table 4 Global Identity & Access Management Market, By Regions
Table 5 North America Identity & Access Management Market, By Country
LIST OF FIGURES
Figure 1 Research Methodology
Figure 2 Global Identity & Access Management Market: By Deployment (%)
Figure 3 Global Identity & Access Management Market: By Organization Size (%)
Figure 4 Global Identity & Access Management Market: By Verticals (%)
Figure 5 Global Identity & Access Management Market: By Region
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