What's Driving the Identity And Access Management Market Trends? Top Key Players are CA Technologies, Centrify Corporation, Dell, Gemalto, HID Global, Hitachi, IBM, Microsoft, OpenText, Oracle, Siemens, Symantec

Identity and access management market size from IT and telecom applications was worth USD 1,420 million in 2017 and is expected to register a commendable growth rate over the ensuing years. The aforementioned survey results are a strong indicator of the fact that the IT sector will serve to be one of the most profitable growth avenues for IAM market. By implementing IAM solution business could be shielded by fraudsters and hackers, eventually saving billions in remuneration for organizations.

North America is undoubtedly one of the most crucial regional generators for identity and access management market. In 2017, North America accounted for a mammoth 46% of the overall industry share, primarily on account of the changing workforce requirements and the surging adoption of cloud applications and BYOD. The U.S. the most dominant regional ground for North America IAM market, given that security is the foremost crucial parameter for the plethora of companies in the country.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/176

Company profiled in Identity and access management market report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. CA Technologies
2. Centrify Corporation
3. Dell
4. Gemalto
5. HID Global
6. Hitachi
7. IBM
8. Microsoft
9. OpenText
10. Oracle
11. Siemens
12. Symantec
13. HID Global
14. Okta, Inc.
15. SailPoint
16. ForgeRock

A robust increase in the adoption of advanced technologies such as cloud computing and IoT will drive the identity and access management market in the upcoming years. IAM apparently makes businesses more agile, efficient and scalable, and also offers them considerable benefits such as reduced risk of data breaches, centralized access control, ensured regulatory compliance, improved user experience, and a significant reduction in IT costs. This has quite overtly led to a spurt in investments in IAM market from venture capitalists and enterprise organizations.

An example justifying the critical nature of the identity and access management market was reported in 2017 when a retailer was able to save more USD 100,000 annually via a suitable IAM program. A retail company had a generous discount scheme for associates where they could buy anything in the company's outlets for up to 40% discounts, not with the identity badges and not restricted to any region. However, the stores were managing the employee badges through a shared system which was not connected to a proper provisioning platform. These badges were deactivated a day after employee termination, but no process was in place to make them hand over their badges, allowing for fraud. Terminated employees would buy products at 40% discount and then sell them at a 20% profit on eBay, prompting the company to turn to the identity and access management industry.

Make an inquiry for buying this report @ https://www.decresearch.com/inquiry-before-buying/176

Contact Us -
DecResearch.com
Website - httpswww.decresearch.com
Email info@decresearch.com

About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

This release was published on openPR.