Identity and Access Management Market Share, Industry Size , Company Profiles and Key Regions 2029

5.9.2023: Identity and Access Management Market Expected to Reach USD 4.26 Billion by 2029, with 3.9% CAGR

Identity and Access Management Market Report Scope and Research Methodology

Report Scope:

The Identity and Access Management Market report provides a comprehensive analysis of the industry, including an overview of IAM technology, market dynamics, segment analysis, and regional insights. The report aims to assist stakeholders in understanding the IAM landscape, its challenges, opportunities, and trends.

Research Methodology:

Our research methodology involves a thorough examination of market data and trends, combined with expert analysis. We employ both qualitative and quantitative approaches to ensure the accuracy and reliability of our findings.

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What are Identity and Access Management Market Dynamics?

Drivers:

The IAM market is driven by the pressing need to combat identity theft and fraud, with consumers reporting substantial financial losses. Cybersecurity threats, lack of standardized identification practices, and budgetary constraints are key drivers shaping the IAM industry. Hybrid IAM solutions, offering the advantages of both on-premises and cloud-based systems, are gaining prominence. Additionally, the rise in sophisticated cyber threats, such as zero-day attacks, highlights the urgency for robust IAM solutions.

Restraints:

Insufficient budgets hinder the implementation of IAM systems due to high installation and maintenance costs. A shortage of skilled cybersecurity personnel further exacerbates vulnerability to cyberattacks. Gathering customer data from various engagement channels poses a challenge in the IAM industry.

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Identity and Access Management Market Segmentation?

Component: IAM components include Provisioning, Directory Services, Password Management, Audit, Compliance, and Governance, Single Sign-On, and Advanced Authentication. In 2022, Provisioning accounted for over 30% of revenue, reflecting its critical role in managing user identities within IT infrastructure.

Development Type: IAM solutions are categorized into Cloud and On-Premise. On-premise solutions dominated the market in 2022, representing 53% of total revenue. However, by 2025, cloud solutions are expected to gain market share.

Who are Identity and Access Management Market Key Players?

1. CA Technologies
2. Centrify
3. One Identity LLC
4. ForgeRock Inc.
5. HID Global Corporation
6. IBM Corporation
7. McAfee
8. Microsoft Corporation
9. NetIQ Corporation
10.Okta Inc.
11.One Login Inc.
12.Oracle Corporation
13.Ping Identity
14.SecureAuth
15.Evidian
16.Intel Corporation
17.Salesforce
18.Broadcom
19.Ubisecure
20.CyberArk
21.SAP
22.SailPoint Technologies
23.Saviynt
24.SecureAuth Corporation

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Regional Insights:

North America leads the IAM market, with over 38% market share, driven by a favorable regulatory environment. In 2022, 42 U.S. states introduced approximately 240 cybersecurity measures to address security challenges. These measures encompass infrastructure protection, increased financing for security, and legislation mandating specific security procedures for government and private entities.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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