(IAM) Identity and Access Management Market Analysis To 2025 - Dell, Gemalto, HID Global, Hitachi, IBM, Microsoft, OpenText, Oracle, Siemens, Symantec, HID Global, Okta

Identity and access management market growth is anticipated to be driven by the growing need to curb increasing identity thefts and save organization-critical information. With rise in number of identity theft cases, enterprises of all sizes are investing heavily in identity and access management solutions to improve their security posture. In addition, organizations are also engaging in strategic alliances to better handle identity governance concerns.

The rapidly escalating growth in the telecom & IT sector is certain to impel identity and access management market. As the IT & telecom industry works with a large user base, it is essential for the service providers to maintain the security of the sensitive user data. According to a survey by The Communications Fraud Control Association (CFCA), the telecommunications industry experienced $38.1 billion in fraudulent charges in 2016. As per CFCA, cyber fraudsters are seemingly working to develop new ways to siphon money from renowned, well-established organizations of various sectors.

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This strategic alliance will facilitate the companies to deliver simplified identity access and governance solutions to various businesses, which, in turn, will ensure provisioning of secured access to the right people. Owing to security reasons, both public and private corporations are investing in IAM solutions, which will provide impetus to global identity and access management market growth. In terms of revenue, IAM market size is expected to surpass USD 20 billion by 2025.

Some of the most prominent contenders in the global identity and access management market include IBM Corporation, SailPoint Technologies Holdings, Inc., Okta, Inc., Symantec, Gemalto, Crossmatch, Oracle, HID Global Corporation, CA Technologies, OneLogin, Inc., OpenText Corp., Ping Identity, ForgeRock, Net IQ, and Dell, Inc. These companies are often found conducting mergers and acquisitions to increase their business reach and expand their customer base. For instance, Marsh, a global leader in insurance broking and innovative risk management solutions, recently announced a collaboration with IBM Corp. to provide clients with a wider access to blockchain solution for ensuring proof of insurance.

Latin American identity and access management market is estimated to showcase exponential growth rate of more than 13% CAGR over the projected timeframe. Latin America represents lucrative opportunities for identity and access management market growth. The region is currently experiencing unrestricted growth in terms of technology development. However, increasing connectivity in personal, urban, and corporate settings along with heavy reliance on technology has resulted in vulnerabilities giving rise to cyberthreats across the region.

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Glimpse of Table of Content (ToC): -
Chapter 5. (IAM) Identity and Access Management Market Market, By Solution
5.1. Key trends, by solution
5.2. Provisioning
5.2.1. Market estimates and forecast, 2014 - 2025
5.3. Password management
5.4. Directory service
5.5. Advanced authentication
5.6. Single Sign-On (SSO)
5.7. Audit, compliance and governance
Chapter 6. Identity and Access Management (IAM) Market, By Deployment Model
6.1. Key trends, by deployment model
6.2. On-premise
6.2.1. Market estimates and forecast, 2014 - 2025
6.3. Cloud
Chapter 7. Identity and Access Management (IAM) Market, By Application
7.1. Key trends, by application
7.2. BFSI
7.2.1. Market estimates and forecast, 2014 - 2025
7.3. IT & telecom
7.4. Healthcare
7.5. Education
7.6. Public sector and utilities
7.7. Manufacturing
7.8. Retail

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