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Identity Analytics Market 2020: Latest Advancements, Growth Analysis and Forecast by 2025

02-04-2020 11:41 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Increase in complexities of IT infrastructure and slow rate of adoption of advanced analytics solutions in underdeveloped countries hinder the market growth. On the other hand, adoption of machine learning technologies and artificial intelligence for identity analytics solutions and increase in demand of mobility solutions create new opportunities in the industry.

Access Full Summary: https://www.alliedmarketresearch.com/identity-analytics-market

Surge in adoption by enterprises to improve identity and access management systems, increase in need to avail access certification, and rise in awareness regarding management of regulations and compliance drive the growth of the global identity analytics market.

Allied Market Research published a report, according to the report, the global identity analytics market generated $512 million in 2017, and is expected to reach $3.62 billion by 2025, registering a CAGR of 27.8% from 2018 to 2025.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/5170

Based on analytics type, the predictive analytics segment held the major market share, contributing nearly one-third of the total market share in 2017, and is expected to maintain its leadership status by 2025. This is due to its effectiveness in countering frauds and improvement of ongoing provisioning and governance. However, prescriptive analytics would register the highest growth rate with a CAGR of 29.4% from 2018 to 2025, owing to its characteristic to facilitate the organizations with hierarchical models, rule-induction, and decision trees. The research also analyzes descriptive analysis and diagnostic analysis.

North America to maintain its dominant position throughout the forecast period

North America accounted for nearly two-fifths of the total market share in 2017, and will maintain its dominant position throughout the forecast period. This is due to rapid adoption of AI driven technologies in identity analytics. However, Asia-Pacific would grow at the highest growth rate, registering a CAGR of 30.7% from 2018 to 2025, owing to increase in security compliance requirements in various industry verticals such as BFSI, government, Telecom & IT, and others along with rise in number of data breaches and cyber-attacks that lead to adoption of identity analytics solutions.

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Frontrunners of the industry

Evidian

Hitachi Id Systems

Gurucul

LogRhythm

Happiest Minds

Verint Systems

ID analytics (Symantec)

Microsoft

NetIQ (Microfocus)

Oracle

Key questions answered in the Identity Analytics Market research report:

o What is the growth rate of the Identity Analytics Market during the forecast period?

o What will be the global Identity Analytics Market size from 2018 to 2025?

o What are the leading manufacturing companies in the Identity Analytics Market?

o How the major current trends will shape the market in the future?

o What are the driving factors and opportunities in the Identity Analytics Market?

o Which will be the niches at which players profiling with thorough plans, financials, and also, recent advancements should set a presence?

o Why are some of the segments flourishing at the highest growth rate while others experience steady growth?

o What are the conclusions of the Identity Analytics Market report?

David Correa
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Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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