Identity & Access Management (IAM) Market to Witness Impressive Expansion of USD 49.21 Billion with CAGR Of 12.4% From 2024 To 2032

Identity and access management (IAM) is a security discipline that ensures authorized entities have the right access to resources, such as data or applications. The industry is expected to be driven by advancements in IoT and AI, increased awareness about regulatory compliance management, and growing reliance on digital platforms and automation across various industries.

According to the research report, the global identity & access management (IAM) market was valued at USD 17.25 billion in 2023 and is expected to reach USD 49.21 billion by 2032, to grow at a CAGR of 12.4% during the forecast period.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/identity-access-management/request-for-sample

IAM is a framework of policies, processes, and technologies that enable organizations to manage digital identities and control user access to critical corporate information. By assigning users specific roles and ensuring they have the right level of access to corporate resources and networks, IAM improves security and user experience, enables better business outcomes, and increases the viability of mobile and remote working and cloud adoption.

The integration of IAM solutions with Master Data Management (MDM) is also anticipated to drive market growth. Enterprises are implementing IAM systems to address rising concerns of fraudulent activities and cybercrime, driven by the widespread adoption of cloud computing and advancements in AI and ML technologies. IAM systems use identity analytics and intelligence to monitor user account activity for any unusual behavior.

Additionally, IAM systems are known to reduce service costs, such as outsourcing, thereby driving industry growth. However, high installation costs of IAM systems may pose a challenge to market growth. Nevertheless, the IAM industry is adopting the latest business technologies, which have increased market opportunities for IAM solutions in recent years. Cloud-based IAM services and technology are becoming more accessible, creating opportunities for market growth in the forecast period.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/40/2

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
• HP
• Intel Corporation
• Okta Inc.
• Microsoft
• Dell
• IBM
• Oracle Inc
• McAfee
• LLC
• Broadcom
• Siemens
• SecureAuth
• NetIQ Corporation

𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 & 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐈𝐀𝐌) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The cloud-based deployment segment is projected to exhibit the highest growth rate during the forecast period.
• The provisioning component segment was the largest revenue contributor in 2022. Identity management as a service adds an extra layer of security by verifying and granting access to individuals for a company's information systems.
• The BFSI segment is anticipated to grow at the fastest CAGR during the forecast period. The increasing popularity of online payments, e-wallets, and digital/retail banking is expected to drive the adoption of these solutions in the BFSI sector.
• Asia Pacific is anticipated to grow at the fastest rate to increased internet penetration, rapid development of the digital infrastructure, widespread use of these systems by SMEs, and an increase in operational digitalization.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.polarismarketresearch.com/industry-analysis/identity-access-management

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 & 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐈𝐀𝐌) 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐝𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭, 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭, 𝐚𝐧𝐝 𝐞𝐧𝐝-𝐮𝐬𝐞:

𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 & 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐈𝐀𝐌), 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• Hybrid
• Cloud
• On-premise

𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 & 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐈𝐀𝐌), 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• Directory Service
• Provisioning
• Audit, Compliance & Governance
• Multifactor Authentication
• Single Sign-On
• Password Management

𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 & 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐈𝐀𝐌), 𝐄𝐧𝐝-𝐮𝐬𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• BFSI
• Telecom & IT
• Public Sector & Utilities
• Energy, Oil & Gas
• Education
• Manufacturing
• Healthcare
• Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Learning Management System Market: https://www.polarismarketresearch.com/industry-analysis/learning-management-system-market

Video on Demand (VoD) Market: https://www.polarismarketresearch.com/industry-analysis/video-on-demand-vod-market

Embedded Finance Market: https://www.polarismarketresearch.com/industry-analysis/embedded-finance-market

Industrial Metaverse Market: https://www.polarismarketresearch.com/industry-analysis/industrial-metaverse-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
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Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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