Growth of Identity Governance and Administration Market with leading key players like Oracle, IBM , SailPoint , SAP , Microsoft , CA Technologies, Evidian , NetIQ , One Identity , RSA Security and Others.

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The Global Identity Governance and Administration Market size is expected to grow from US$ 3.8 Billion in 2018 to US$ 7.7 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period. This report focuses on the Identity Governance and Administration in global market, especially in North America, Europe and Asia-Pacific. This report categorizes the market based on manufacturers, regions, type and application.

“Services segment to grow at the highest CAGR during the forecast period”
With the increasing adoption of identity governance and administration solutions, the demand for supporting services is also growing among end users. Identity governance and administration services include professional services and managed services. Service providers concentrate on delivering dedicated services by understanding customer’s demands and needs.

“BFSI to hold the largest market size during the forecast period”
The BFSI is one of the most regulated industry verticals. There are several regulatory compliances that the BFSI organizations have to adhere with. This industry vertical also happens to be the one which has seen many cyber-attacks in recent times. Identity governance and administration solutions protect the business-critical information, data and applications of financial service providers from unauthorized access.

“APAC is expected to record the highest growth rate during the forecast period”
The Identity Governance and Administration Market in APAC is expected to witness substantial growth, as SMEs and large enterprises in the region are rapidly adopting the identity governance and administration solution to ensure the security of organizational data and customers’ sensitive data. Moreover, the region is expected to invest more in deploying security solutions, owing to the increasing threat of identity and access breaches.

Report Highlights:
• To profile key players and comprehensively analyze their core competencies

• To project the size of the market and its submarkets, in terms of value, with respect to the 5 major regions (along with their respective key countries)

• To define, segment, and project the global market size of the identity governance and administration market

• To understand the structure of the market by identifying its various subsegments

• To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

• To analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market

• To understand the competitive landscape and identify major growth strategies adopted by players across key regions

• To analyze the competitive developments, such as product/solution launches and enhancements, business expansions, partnerships, and mergers and acquisitions, in the identity governance and administration market

Top Key Players in the “Identity Governance and Administration Market” include are Oracle (US), IBM (US), SailPoint (US), SAP (Germany), Microsoft (US), CA Technologies (US), Evidian (France), NetIQ (US), One Identity (US), RSA Security(US), Hitachi ID (Canada), Saviynt (US), Alert Enterprise (US), Omada(Denmark), and Secure Auth (US).

Competitive Landscape of Identity Governance and Administration Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies
2 Competitive Scenario
2.1 Product/Solution Launches and Enhancements
2.2 Business Expansions
2.3 Partnerships

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Reason to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall identity governance and administration market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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