Identity and Access Management Market is Estimated to Reach USD 44.78 billion by 2030: Cognitive Market Research

Market Overview:
Identity and Access Management (IAM) refers to a set of processes and technologies used by organizations to manage digital identities and control access to their systems and data. The main goal of IAM is to ensure that the right individuals have access to the right resources at the right time, while also preventing unauthorized access and protecting sensitive information.

Summary:
• Global Identity and Access Management Market size is projected to grow from USD 16.43 billion in 2022 to USD 44.78 billion by 2030, at a CAGR of 13.8% during the forecast period. - Exclusive Report by Cognitive Market Research
• The increasing advancements on the internet of things (IoT) and artificial intelligence (AI), increasing security threats and growing awareness about compliance management are the major driving factor for the growth of the Identity and Access Management market.
• North America accounted for the largest market share in the Global Identity and Access Management Market.

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Market Dynamics:
The increasing advancements on the internet of things (IoT) and artificial intelligence (AI), increasing security threats and growing awareness about compliance management are some of the key factors driving the growth of the market. Moreover, the increasing use of cloud services and increasing reliance on digital platforms & automation across industries are projected to increase the growth of the Identity and Access Management Market.

Market Segmentation:
Component:
• Audit, Compliance & Governance
• Directory Service
• Multifactor Authentication
• Provisioning
• Password Management
• Single Sign-On
Based on components, the provisioning segment accounted for the largest market share owing to its additional layer of security by identifying, validating, and granting individuals access to a company's information systems.

Deployment Model:
• Cloud
• Hybrid
• On-premises
Based on deployment, the on-premises segment held the major share in 2022. this is due to it allows companies to stay in control of identities and data accessibility. Moreover, the Cloud based segment is projected to grow at fastest rate during forecast period.

Enterprise Size:
• Small and Medium Enterprises
• Large Enterprises
Based on Enterprise Size, the Large Enterprises segment is projected to register the highest market share during the forecast period. This is attributed to the increasing investment in advanced technologies by large enterprises and this solution helps to reduce the risk of exposing user credentials, and it monitors access patterns to detect and stop unauthorized access.

Vertical:
• BFSI
• Energy, Oil & Gas
• Telecom & IT
• Education
• Healthcare
• Public Sector & Utilities
• Manufacturing
• Others
Based on Vertical, the Public Sector & Utilities segment held the significant market share owing to increasing adoption of digitalization, importance of Secure Identity and Access discipline and controls, and presence of large amount of public data are some of the factors driving the segment growth.

Competitive Analysis for Identity and Access Management Market: Broadcom, IBM Corporation, Microsoft Corporation, Dell EMC, Intel Corporation, Oracle Corporation, Sailpoint Technologies Inc, Google

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North America is a leading region of the Identity and Access Management market.
North America held the largest market share in the year 2021 owing to presence of large number of enterprises and increasing adoption of cloud services are supporting the growth of the Identity and Access Management Market. Furthermore, North American organizations are increasingly focused on improving the user experience for employees and customers. Identity and Access Management solutions can help organizations achieve this by providing self-service options for password resets and access requests, reducing the burden on IT departments, and improving productivity. In addition, increasing security threats, stringent regulatory requirements are driving the growth of the Identity and Access Management market in North America.

News:
ConnectWise Partners with Evo to strengthened MSPs' Identity and Access Management
In December 2022, ConnectWise has partnered with Evo Security to deliver a consolidated Identity and Access Management platform that will further secure access to user credentials and address regulatory and compliance requirements.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Identity and Access Management Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Identity and Access Management Market Segmentation
1.5.1 Identity and Access Management Market Regional Fragmentation
1.5.1 Identity and Access Management Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Identity and Access Management Market
• 3.1 Global Identity and Access Management Market Size 2018 - 2030, (USD Million)
• 3.2 Global Identity and Access Management Market Statistics 2022: Snapshot
Chapter 4 Global Identity and Access Management Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Identity and Access Management Market by By Component Segmentation Analysis (2018-2030)
Chapter 9 Global Identity and Access Management Market by By Deployment Mode Segmentation Analysis (2018-2030)
Chapter 10 Global Identity and Access Management Market by By Enterprise Size Segmentation Analysis (2018-2030)
Chapter 11 Global Identity and Access Management Market by By Vertical Segmentation Analysis (2018-2030)
Chapter 12 Global Identity and Access Management Market Regional Analysis
Chapter 13 North America Identity and Access Management Market Outlook (2018 - 2030)
Chapter 14 Europe Identity and Access Management Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Identity and Access Management Market Outlook (2018 - 2030)
Chapter 16 Latin America Identity and Access Management Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Identity and Access Management Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customized/Exclusive Report Access on Request
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