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IoT IAM Market Report 2023-2032: Demand, Growth, Key Trends And Forecast | International Business Machines Corporation, Amazon.com Inc., GlobalSign, Ping Identity Holding Corporation, ForgeRock Inc
IoT IAM Market
The Business Research Company's IoT IAM Global Market Report 2023 identifies An increase in number of cyberattacks and data breach issues as the major driver for the IoT IAM market's growth in the forecast period. A cyberattack refers to an assault performed by cybercriminals to steal data and sensitive information by sending and hacking a computer system using malicious information. Data breaches refer to security violations in which sensitive information can be stolen from a computer system without prior permission of the owner of the system.
The global IoT IAM market size is expected to grow from $5.73 billion in 2022 to $7.38 billion in 2023 at a compound annual growth rate (CAGR) of 28.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT IAM market size is expected to grow to $20.91 billion in 2027 at a CAGR of 29.7%.
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Major competitors in the IoT IAM market are International Business Machines Corporation, Amazon.com Inc., GlobalSign, Ping Identity Holding Corporation, ForgeRock Inc.
A key trend in the IoT IAM market includes technological advancements. Major market players are concentrating their efforts on creating innovative technologies to strengthen their position in the market., For instance, in August 2022, Okta, Inc., a US-based company operating in identity and access management (IAM), introduced Unified IAM, known as Okta Identity Governance, a cloud-based governance solution with identity governance and administration (IGA) tools focused on improving security and compliance postures in organizations IT infrastructure.
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https://www.thebusinessresearchcompany.com/report/iot-iam-global-market-report
The IoT IAM market is segmented -
1. By Component: Solutions, Services.
2. By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types.
3. By Deployment mode: Cloud, On-Premises.
4. By Organization Size: Small and Mid-Sized Enterprises (SMEs), Large Enterprises.
5. By Verticals: Banking, Finance services, and Insurance (BFSI), Automotive, Telecom, Healthcare, Retail and Consumer Goods, Energy and Utilities, Other Verticals.
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the IoT IAM market.
The Business Research Company's "Global IoT IAM Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The IoT IAM Market Include:
1. Executive Summary
2. IoT IAM Market Characteristics
3. IoT IAM Market Trends And Strategies
4. IoT IAM Market - Macro Economic Scenario
5. IoT IAM Market Size And Growth
……
26. Africa IoT IAM Market
27. IoT IAM Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IoT IAM Market
29. IoT IAM Market Future Outlook and Potential Analysis
30. Appendix
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