Press release
IDaaS Market Demand, Growth, Trend, Business Opportunities, Manufacturers and Research Methodology by 2028
The global IDaaS market size reached USD 3.41 Billion in 2020 and is expected to register a CAGR of 21.7% during the forecast period, according to latest analysis by Emergen Research. Global IDaaS market revenue growth rate is expected to increase significantly during the forecast period due to increasingly stringent regulations for data protection. Rising adoption of multi-cloud computing systems is also expected to boost revenue growth of the global IDaaS market. Increasing interconnectivity due to increasing IoT and BYOD trends across industries is expected to augment growth of the global IDaaS market going ahead.However, concerns regarding data security is a key factor expected to hamper global IDaaS market growth to some extent over the forecast period.
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Some Key Highlights From the Report
• The private segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption private based IDaaS solutions by end-users is expected to boost revenue growth of this segment.
• Factors such as well-established presence of international and domestic players such as Google LLC, Microsoft Corporation, Oracle Corporation, International Business Machines Corporation, Salesforce.com, Inc., Okta, Inc., and OneLogin, Inc. among others in countries in North America is expected to drive market growth during the forecast period.
• Key players in the market include Google LLC, Microsoft Corporation, Capgemini SE, Oracle Corporation, International Business Machines Corporation, Salesforce.com, Inc., Okta, Inc., OneLogin, Inc., Jumio Corporation, and JumpCloud, Inc.
• In September 2020, AML Platform of Beam Solutions, Inc. was acquired by Jumio Corporation. Through this acquisition, Jumio will offer end-to-end identity verification and compliance solution.
Emergen Research has segmented the global IDaaS market on the basis of deployment, component, end-use, and region:
• Deployment Outlook (Revenue, USD Billion; 2018–2028)
o Private Cloud
o Public Cloud
o Hybrid Cloud
• Component Outlook (Revenue, USD Billion; 2018–2028)
o Password Management
o Multifactor Authentication
o Single Sign-On
o Directory Services
o Audit, Compliance & Governance
o Provisioning
• End-use Outlook (Revenue, USD Billion; 2018–2028)
o Public Sector
o Healthcare
o IT & Telecom
o BFSI
o Education
o Manufacturing
o Energy & Utilities
o Others
Regional Landscape:
The report offers a comprehensive analysis of the current growth opportunities for various regions of the IDaaS market, calculating their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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Key Factors influencing market remuneration:
• The global IDaaS market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
• The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
• Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
• The application landscape of the global IDaaS market can be categorized into For Human, For Animals, and Others.
• The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
• Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. IDaaS Market Segmentation & Impact Analysis
4.1. IDaaS Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing stringent regulations for data protection
4.2.2.2. Increasing adoption of multi-cloud computing systems
4.2.2.3. Rising demand for digital payments
4.2.2.4. Increasing demand for cloud-based security solutions
4.2.3. Market restraints analysis
4.2.3.1. Concerns regarding data security
4.2.3.2. Difficulties associated with application of identity as a service
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. IDaaS Market By Deployment Insights & Trends, Revenue (USD Billion)
5.1. Deployment Dynamics & Market Share, 2021–2028
5.1.1. Private Cloud
5.1.2. Public Cloud
5.1.3. Hybrid Cloud
READ MORE…!
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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