Identity and Access Management Market Size, Industry Share and Total Revenue Growth Rate Till 2026 | Fortune Business Insights
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According to the report, the market is anticipated to witness an exponential CAGR of 13.17 % and reach a value worth US$ 24,757.8 Mn by 2026 from US$ 9,526.0 Mn in 2018. An important factor boosting this market is the increasing number of cyber-crimes and the need to protect confidential data with identity and access management solutions.
Top Key Players Mentioned:
Amazon Web Services Inc.
HP Development Company L.P.
Fortune Business Insights foretells the BFSI segment to dominate the global and maintain a stronghold through the forecast period. This is because of the rapidly expanding banking sector and the need to provide protection to confidential data and information of the consumers. Furthermore, the health and life sciences segment is anticipated to register the fastest growth on account of the growing need to maintain a patient’s health history for medical reference and treatment procedures in the future, which, if misplaced or swapped, may lead to medical disasters.
Identity and Access Management Market Segmentation:
By Deployment Mode
By Enterprise Size
By Industry Vertical
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“Importance of Risk Management Sources to Boost Global Market”
The rising number of web-based applications is anticipated to drive the global market for identity access management market in the coming years The introduction and implementation of risk management solutions namely, audit management, policy-based solutions, risk management solutions, and others are also driving the market and is expected to continue doing so in the near future as well.
The rising demand for advanced security against data breaches will help the market grow in the near future.
However, the market may face rough waters on account of the lack of information about consumer data security and its uses, especially in the underdeveloped and developing economies. Additionally, the lack of skilled professionals may hinder the growth of the market in the forecast period.
“Market to Witness Robust Growth in Asia Pacific”
Fortune Business Insights foresees the global identity access management market to be dominated by North America due to the presence of a several leading market players in the region. The rising demand from emerging nations such as India and China will boost the Asia Pacific market.
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Major Table of Contents:
Research Methodology and Assumptions
Drivers, Restraints and Opportunities
Emerging Trends of Market
Macro and Micro Economic Factors
Key Technological Developments
Industry SWOT Analysis
Global Identity and Access Management Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Component
Audit, Compliance, and Governance
Market Analysis, Insights and Forecast – By Deployment
Market Analysis, Insights and Forecast – By Organization Size
Small and Medium Enterprises (SMES)
Market Analysis, Insights and Forecast – By Vertical
IT and Telecom
Retail and Consumer Packaged Goods
Energy and Utilities
Healthcare and Life Sciences
Market Analysis, Insights and Forecast – By Region
Middle East & Africa
North America Identity and Access Management Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Component
Name: Ashwin Arora
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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