Consumer Identity and Access Management Market 2021 Trends, Share, Size, Growth, Opportunity and Forecast to 2028

Consumer Identity & Access Management Market 2021-2028

Report Details:

Persistence Market Research (PMR) recently published a market research study titled “Consumer Identity and Access Management Market – Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” The approximately US$ 13 Bn market for consumer identity and access management will reportedly reach the valuation of just-under US$ 50 Bn towards the end of 2028.

Robust consumer identity and access management solutions usually provide a combination of features, including self-service account management, customer registration, Single Sign-on (SSO), consent & preference management, access management, Multi-Factor Authentication (MFA), data access governance, and directory services. The finest consumer identity and access management solutions ensure a seamless and secure customer experience as well as high performance for consumers accessing data pertaining to various brands via mobile devices, the web, and other platforms.

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Key Players:

The report has profiled some of the Important players prevalent in the global like – IBM Corporation; Microsoft Corporation; SAP SE; Ping Identity; Okta, Inc.; Forgerock Inc.; Janrain, Inc.; Loginradius, Inc.; Iwelcome B.V.; Globalsign; Trusona; and Acuant, Inc and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Consumer Identity & Access Management.

By component, the global consumer identity and access management market is segmented into software solutions and services. Consumer identity and access management software solutions are subsegmented into advanced authentication, profile management, and credentials management, whereas the consumer identity and access management services are subsegmented into professional consumer identity and access management services and managed consumer identity and access management services.

The vertical segment of the global consumer identity and access management market is subsegmented into finance & insurance, public administration, healthcare, educational services, telecommunication & information technology, and media & entertainment, among other industry verticals.

By deployment of consumer identity and access management software solutions, the consumer identity and access management market has been segmented into on-premises deployment and Software-as-a-Service (SaaS).

At present, user experiences have been consistent across different channels following the launching of new applications. This helps enterprises lay a foundation, as well as introduce parameters such as performance, scale, security, social login, and single sign-on, among others, into an enterprise. These features provided by the consumer identity and access management solutions are contributing to market growth.

Among all the regional markets, the consumer identity and access management market in North America is estimated to continue to hold the largest market share of the global consumer identity and access management market throughout the forecast period, owing to the focus of industry verticals on minimizing data thefts and data breaches, especially in the US. The consumer identity and access management market in the South Asia region is estimated to register the highest growth rate among all the regional markets, and is expected to hold the second-largest share of the global consumer identity and access management market by the end of the forecast period.

According to Persistence Market Research analysis, consumer identity and access management serves to be the space of upgradation, as security has been a major concern. These consumer identity and access management solutions are estimated to evolve and prevent breaches and threats, one of the example being API protection, which involves securing APIs from malicious attacks and threats. There has been a greater emphasis on security, because the older methods used for digital identity-proofing, for instance knowledge-based authentication, have become less secure.

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Key Stakeholders
Consumer Identity & Access Management Market Manufacturers
Consumer Identity & Access Management Market Distributors/Traders/Wholesalers
Consumer Identity & Access Management Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Major Highlights of the Consumer Identity & Access Management Market Report:

The Consumer Identity & Access Management Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.

The report dives deeper into the market and explains the dynamic factors bolstering market growth.

The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.

The report analyzes the Consumer Identity & Access Management Market presence across major regions of the world.

It determines the production & consumption capacities and demand & supply dynamics of each regional market.

The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.

It provides company overview and SWOT analysis of each of the market players.

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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