Identity and Access Management Market 2023 Driving Factors Forecast Research 2029

The global identity and access management market is anticipated to grow at a significant CAGR of 13.5% during the forecast period. The major factor driving the growth of the identity and access management market during the forecast globally is the increasing instances of security breaches and growing instances of identity-related fraud. According to the Federal Trade Commission (FTC), in 2020, identity fraud incidents increased by almost 45% incurring huge financial losses globally. For the same timeframe, ID thefts of more than one million children were reported by FTC. Furthermore, in 2021, around 1.4 million reports of identity theft were received by the FTC. Hence, the increasing instances of identity theft are driving the demand for identity and access management solutions which in turn is driving the market growth.

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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Identity and Access Management Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Identity and Access Management Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.

This informative yet easy to understand Identity and Access Management Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Identity and Access Management Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Identity and Access Management Market Report by Segment
By Component
• Solution
o Data Directory
o Identity Lifecycle Management
o Provisioning
o De-provisioning
o Authentication
o Verification
o Password Management
o Self-Service Password Reset
o Password Reset
o Password Synchronization
o Access Management and Authorization
o Audit, Compliance, and Governance
• Service
o Integration and Deployment
o Support and Maintenance
o Consulting

By Deployment Mode
• Cloud
• On-Premises

By Organization Size
• SMEs
• Large Enterprises

By Vertical
• BFSI
• Travel and Hospitality
• Healthcare
• Retail and eCommerce
• IT and ITeS
• Education
• Others

Global Identity and Access Management Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global identity and access management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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