Physical Identity and Access Management Market 2020-2025: HID Global, Alert Enterprise, IDCUBE, Micro Focus, Okta, Access Security Corporation, Gemalto, IBM, Oracle, AWS, Avatier and Others.

According to Market Study Report, Physical Identity and Access Management Market provides a comprehensive analysis of the Physical Identity and Access Management Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, emerging opportunities of global industry. This report also provides market landscape and market share information in the Physical Identity and Access Management Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Physical Identity and Access Management Market size is projected to grow from US$ 789 Million in 2020 to US$ 1,535 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. This report spread across 159 Pages, Profiling 20 Companies and Supported with 114 Tables and 32 figures are now available in this research.

Top Companies profiled in the Physical Identity and Access Management Market:
o HID Global (US)
o Alert Enterprise (US)
o IDCUBE (India)
o Micro Focus (UK)
o Okta (US)
o Access Security Corporation (US)
o Gemalto (Netherlands)
o IBM (US)
o Oracle (US)
o AWS (US)
o Avatier (US)
o WallixGroup (France)
o Atos (France)
o Identiv (US)
o Nexus Group (Sweden)
o Alfrednet (Bucharest)
o Wipro (India)
o One Identity (US)
o Sequr (US)
o E&M Technologies (US)
o WSO2 (US)

"By component, the software segment to hold a larger market size in 2020"
Physical identity and access management is software, which enables organizations to centrally manage the lifecycle of identities, such as permanent and temporary employees, contractors, service providers, and vendors, through communication with physical access systems. Presently, organizations (users) face the problem of lower productivity, lack of information security, and evaluation of regulatory compliance. It is important for an organization to maintain timely and secure access around premises. All such issues increase the operating costs significantly. Physical identity and access management deployments are increasing used to safeguard the system from outside threats, such as unauthorized users.

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"By service, the maintenance and support services segment to register the highest growth rate during the forecast period"
Maintenance services includes providing up gradations to physical identity and access management software and providing assistance for resolving issues in software, among other functions. The support services offered in the physical identity and access management market include real-time monitoring of access control systems and scheduled backup of data and provision of security advisory and consulting services. Support and maintenance services are important to enhance and extend the life of applications.

"Asia Pacific to register the highest growth rate during the forecast period"
Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global physical identity and access management market during the forecast period. APAC constitutes major economies, such as China, Japan, and India, which are expected to register high growth rates in the physical identity and access management market.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 25%, Tier 2 - 40%, and Tier 3 - 35%
o By Designation: C-level - 30%, D-level - 35%, and Others - 35%
o By Region: North America - 40%,Europe- 25%, Asia Pacific- 25%,RoW - 10%

Competitive Landscape of Physical Identity and Access Management Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies

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Reason to access this research report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall physical identity and access management market and its 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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