openPR Logo
Press release

Identity and Access Management (IAM) Market 2020 | Worldwide Opportunities, Driving Forces, Future Potential 2025:TransUnion, Gigya Inc., Centrify Corporation, Okta Inc, Experian PLC, LexisNexis Risk Solutions Inc., Equifax Inc.

03-16-2020 09:53 AM CET | IT, New Media & Software

Press release from: BrandEssence Market Research Company Pvt Ltd

/ PR Agency: BrandEssence Market Research
Identity and Access Management (IAM) Market

Identity and Access Management (IAM) Market

The demand for Identity and Access Management (IAM) Market, in terms of revenue, was worth of USD 10.12 Billion in 2018 and is expected to reach USD 23.30 Billion in 2025, growing at a CAGR of 12.67% from 2019 to 2025. The global identity and access management is expected to grow at a significant rate due to the number of driving factors.

Identity and access management (IAM) is a structure of business processes, policies and technologies. This helps the management in electronic or digital identities. With this IAM framework, IT managers can able to control user's access to critical information within their organizations. Furthermore Identity and access management products provide role-based access control, which allows system managers regulate access to systems or networks based on the roles of individual users within the enterprise. The core objective of IAM systems is one digital identity for each individual. Once that digital identity has been established, it must be maintained, modified and monitored throughout each operator.

Get Sample Copy of This Premium Report@https://brandessenceresearch.com/requestSample/PostId/375

Key Players-
Some major key players for global Identity and access management (IAM) market are Onegini, TransUnion, Ping Identity Corporation, Gigya Inc., Centrify Corporation, Okta Inc., Experian PLC, Janrain Inc., Mitek Systems Inc., Traxion Inc., LexisNexis Risk Solutions Inc., MorphoTrust USA, GB Group Plc, ID Analytics LLP, Aware Inc., Equifax Inc. and others

Market Analysis of Identity and access management (IAM)-

Global Identity and access management (IAM) market is segmented in solution, service, deployment type, industry vertical and region. On the basis of solution, market is divided in to advanced authentication, identity proofing services and others. By service, market is divided in to Professional Services and Managed Services. By deployment type market is divided in to cloud and on-premises. By industry vertical market is divided in to banking, healthcare, IT & telecom, consumer goods & retail, energy & utility, public sector and others

The study provides a crucial view of global identity and access management market by segmenting the market based on component, deployment, end-user and region. On the basis of component, provisioning, password management, directory services, advanced authentication, and audit, compliance & governance and others. On the basis of deployment model, the market is segmented into on-premise, and cloud. Based upon end-user, the market is segmented into telecom and IT, manufacturing, healthcare and life sciences, retail and CPG, public sector and utilities, energy, BFSI, education and others. On the basis of country level, global identity and access management market sub-divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc.

Identity and access management (IAM) Market Segmentation -

By solution
Advanced Authentication
Identity Proofing Services
Others

By service
Professional Services
Managed Services

By deployment type
Cloud
On-premises

By industry vertical
Banking
Healthcare
IT & Telecom
Consumer Goods & Retail
Energy & Utility
Public Sector
Others

Request For Methodology:
https://brandessenceresearch.com/requestMethodology/PostId/375

Identity and access management (IAM) Market Dynamics -

Identity and access management benefits are many and include the verification of user and device identities and management of their access to enterprise resources. Typically, IAM enables new applications and services to be accessed quickly and securely by providing the necessary user information to applications for automation and decision making purposes. Its benefits also include a central identity database which stores the necessary information about identities and their attributes to be used by all systems for access management, gather business intelligence, and improve information security.

As companies become more aware of the identity and access management benefits for business such as compliance, or cybercrime and threat management, they implement an effective IAM program and technology, and employ skilled Certified Identity and Access Manager (CIAM). In many organizations, users sometimes have more access privileges than necessary. A robust IAM system can add an important layer of protection by ensuring a consistent application of user access rules and policies across an organization. Identity and access management systems can enhance business productivity. The systems' central management capabilities can reduce the complexity and cost of safeguarding user credentials and access.

Identity and access management (IAM) is used to understand the business benefits in terms of management control, operational efficiency, cost savings, and business development for e-Commerce. The identity and access management market is primarily driven by the increased demand in security governance, enforcement concerns, distributed systems and workforce, and also for lower quality of security services within organizations. For instance according to Varonis In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. Whereas in same year Uber reported that hackers stole over 57 million riders and drivers information.

Because of this type of incidents, companies have to install identity and access management systems for better security. Additionally Modifications in technology is one of the factors forcing organizations to seek identity and access management solution. Such as The Internet of Things (IoT) will make almost every object connected to the Internet and each other including drones, cars, and household devices. In addition to this Bring Your Own Device (BYOD) policies by several organizations are increasingly allow users to use their private devices for work purposes making security and privacy a real challenge. Furthermore Technological development in this market provides an opportunity to the market.

North America is dominating the Identity and access management (IAM) Market

North America held the largest market share of xx% in 2018 of global identity and access management market within the forecast period. North America is the most affected region with cyber-attacks in the world. It is considered to be the most advanced region with regard to adoption of cyber technology and infrastructure. In addition, presence of leading players and growing demand for identity and access management in various industries, such as energy, education, telecom, IT and etc. in this region are also supplementing the market growth. Europe is expected to capture the second largest position in the market owing to the increasing demand of identity and access management from small- and medium-sized enterprises in major countries like Germany, France, and the UK.

Asia Pacific Market is expected to record significant growth in forecast period, due to growing cyber threats and deployment of IAM solutions across developing countries in the region. According to spain-australia.org, in 2016, 66% of Asia-Pacific organizations, have increased the cyber security budgets. This was more marked in India by 92% and in China 78% and much less in Hong Kong 52% and Australia 50%.

Get Full information of This Report@
https://brandessenceresearch.com/technology-and-media/identity-and-access-management-iam-market-size

Contact US:
Brandessencer Market Research & Consulting Pvt ltd.,
Kemp House, 152 - 160 City Road, London EC1V 2NX
+44-2038074155
sales@brandessenceresearch.com"

About Us:

We publish market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Identity and Access Management (IAM) Market 2020 | Worldwide Opportunities, Driving Forces, Future Potential 2025:TransUnion, Gigya Inc., Centrify Corporation, Okta Inc, Experian PLC, LexisNexis Risk Solutions Inc., Equifax Inc. here

News-ID: 1968267 • Views:

More Releases from BrandEssence Market Research Company Pvt Ltd

MICE (Meetings, Incentives, Conferencing, Exhibitions) Market Size, Share, Trends | Top Companies: Capita Travel and Events, CWT Meetings & Events, IBTM Events, Interpublic Group of Companies (IPG)
MICE (Meetings, Incentives, Conferencing, Exhibitions) Market Size, Share, Trend …
MICE (Meetings, Incentives, Conferencing, Exhibitions) Market is valued at USD 882.84 Billion in 2018 and expected to reach USD 1546.69 Billion by 2025 with the CAGR of 12.46% over the forecast period. Global MICE (Meetings, Incentives, Conferencing, Exhibitions) Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing Number of Corporate Meetings and Events from the Business Sectors is Expected to Drive the Market Growth Download Sample
Smart Speaker Market Size valuation to hit USD 17.0 Billion By 2025 with the CAGR of 34.69%
Smart Speaker Market Size valuation to hit USD 17.0 Billion By 2025 with the CAG …
Smart Speaker Market is valued at USD 2.11 Billion in 2018 and expected to reach USD 17.0 Billion By 2025 with the CAGR of 34.69% over the forecast period. Global Smart Speaker Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Rapid increase in the demand of multifunctional device and increased demand of smart devices is the key factor which helps Smart Speaker Market to grow. Download Sample
What's Driving the User Activity Monitoring Market Growth? Splunk, Micro Focus, Forcepoint
What's Driving the User Activity Monitoring Market Growth? Splunk, Micro Focus, …
The 'User Activity Monitoring market' research report fabricated by Brand Essence Market Research is an in-depth analysis of the latest trends persuading the business outlook. The report also offers a concise summary of statistics, market valuation, and profit forecast, along with elucidating paradigms of the evolving competitive environment and business strategies enforced by the behemoths of this industry. Top Key Players Including In User Activity Monitoring - Splunk, Micro Focus,
Healthcare Cybersecurity Market 2020 Analysis by Global Manufacturers - Allscripts, Cerner, McKesson
Healthcare Cybersecurity Market 2020 Analysis by Global Manufacturers - Allscrip …
The 'Healthcare Cybersecurity market' research report fabricated by Brand Essence Market Research is an in-depth analysis of the latest trends persuading the business outlook. The report also offers a concise summary of statistics, market valuation, and profit forecast, along with elucidating paradigms of the evolving competitive environment and business strategies enforced by the behemoths of this industry. Top Key Players Including In Healthcare Cybersecurity - Allscripts, Cerner, McKesson Get Sample Copy

All 5 Releases


More Releases for IAM

Key Trend Reshaping the IoT IAM Market in 2025: Cloud-Based Identity Governance …
What market dynamics are playing a key role in accelerating the growth of the iot iam market? The IoT IAM market is predicted to be driven forward by a rise in cyberattacks and data breaches. Cybercriminals often carry out cyberattacks to illicitly gain and pilfer data and confidential information by infiltrating and manipulating a computer system with harmful information. Data violations, or breaches, are when confidential data from a computer system
Consumer IAM Market Size, Share, Trends, Opportunities Analysis
The Global Consumer IAM Market size is projected to grow from USD 8.6 billion in 2023 to USD 18.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. The rise in identity and authentication fraud and the demand to deliver a frictionless customer experience drives the growth of the CIAM market. Moreover, difficulties addressing the complexity of advanced threats may hinder market growth. Download
vSecureLabs Launches Identity & Access Management (IAM) Service
Identity and access management (IAM) is a framework that consists of policies, technologies, and processes that helps organizations to manage and control the user's access to critical digital assets and data. IAM ensures that users are assigned the right level of access based on their specific role in the organization and hence improves the security posture and user experience. Why is IAM Important? We live in a world where new cyberattacks
Identity and Access Management (IAM) Software Market
Identity and Access Management (IAM) Software Market Size, Share, Emerging Trends, Growth, Outlook and Forecast to 2028 | The Identity and Access Management (IAM) Software market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Identity and Access Management (IAM)
Cloud Identity Access Management (IAM) Market 2025: Strong Extension In Revenue …
Report Ocean released a report deciphering the Cloud Identity Access Management (IAM) Market report that provides in-depth analysis and crucial insights into key factors that are crucial to the success of the market. The report is a systematic study of the market that provides key statistics on trends, analyst views, competitive landscapes, and key regions markets report is a comprehensive study. In this research report, key business trends and upcoming Cloud
IoT IAM Market Analysis and Forecast 2025
Global IoT IAM Market: Snapshot Simple changes brought in by Internet of Things (IoT) vendors that show promise of better security solution for identity and access management (IAM) systems are expected to change the game for the global market. This value addition in the IAM is expected to become an indispensable and an integral change in the coming years, thereby boosting the growth of the overall market. Today, IoT IAM systems