Identity as a Service Market Expected to Reach USD 53 Billion by 2031|Top Players such as - Okta, OneLogin and CyberArk

According to the report published by Allied Market Research, The Identity as a Service Market Expected to Reach USD 53 Billion by 2031|Top Players such as - Okta, OneLogin and CyberArk. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

Increase in number of identity frauds and enhanced integration with IoT devices primarily drive the growth of the identity as a service market. By industry vertical, the BFSI segment contributed to the major share in 2021. By region, on the other hand, Asia-Pacific would showcase the fastest CAGR by 2031.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/15076

The global identity as a service market is analyzed across component, enterprise size, deployment type, industry vertical, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By deployment type, the public cloud segment held the largest share in 2021, garnering around three-fourths of the global identity as a service market revenue, and is projected to maintain its dominance by 2031. The hybrid cloud segment would also showcase the fastest CAGR of 27.0% during the forecast period.

By industry vertical, the BFSI segment accounted for the highest share in 2021, generating two-third of the global identity as a service market revenue. The government and public sector segment would also portray the fastest CAGR of 28.1% during the forecast period.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/15076

By region, North America held the major share in 2021, garnering more than one-third of the global identity as a service market revenue. Asia-Pacific, simultaneously, would showcase the fastest CAGR of 27.8% from 2022 to 2031.

The key market players analyzed in the global identity as a service market report include CyberArk, Google LLC, IBM Corporation, Microsoft Corporation, Okta, OneLogin, Inc., Oracle Corporation, Ping Identity, SailPoint Technologies and Thales. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry.

For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/15076

Covid-19 Scenario-

● Around the world, business have been severely impacted by the COVID 19 outbreak. Because of the lockdowns imposed by various governments.

● Enterprises all over the world are reconsidering their security arrangements due to the rise in cyber risk and new vulnerabilities.

● The COVID-19 induced recession is having a significant impact on industries all over the world, but it had a much less impact on the technology industry than it did on the rest of the economy.

● However, it has favorably impacted the adoption of Identity as a service industry. Customer feedback analysis using Identity as a service has gained significant popularity in this period.

Procure Complete Report (466 Pages PDF with Insights, Charts, Tables, and Figures) at: https://bit.ly/3LDQ6m0

Thanks for reading this article, you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Access the full summary at: https://www.alliedmarketresearch.com/identity-as-a-service-market-A14707

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.