Identity and Access Management Market Industry Analysis Projected to Reach US$ 46.24 Bn by 2030 at a CAGR of 13.21%

Identity and Access Management Market segments are based on Component, Organization type, Development type and Vertical.

Identity and Access Management Market Overview:

The Identity and Access Management (IAM) market is on a steady upswing, with a market value of US$ 19.40 billion in 2023 and a projected CAGR (Compound Annual Growth Rate) of 13.21% to reach US$ 46.24 billion by 2030. This surge is a direct response to the ever-increasing threats posed by cybercriminals and the ongoing digital transformation across industries.

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Perfect Storm of Growth Factors Propelling the IAM Market

Several key factors are contributing to the exponential growth of the IAM market:

• Escalating cyber threats: The relentless rise of cyberattacks, including data breaches and malware infiltration, is forcing companies to prioritize robust security solutions. IAM acts as a vital shield against unauthorized access attempts.
• Regulatory compliance: Stringent data privacy regulations like GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act) are mandating stricter access controls. IAM solutions help organizations comply with these regulations and avoid hefty fines.
• Shift to the cloud: The rapid migration towards cloud-based applications and services necessitates robust IAM solutions to manage access across various platforms and devices. Cloud-based IAM offers the flexibility and scalability that traditional on-premise solutions often lack.
• The BYOD (Bring Your Own Device) phenomenon: The increasing popularity of BYOD policies in workplaces necessitates sophisticated IAM systems to manage and secure access from personal devices like laptops and smartphones.

Identity and Access Management Market Report Scope and Research Methodology:

The report provides comprehensive business statistics and analytical insights designed to facilitate a thorough understanding of the Identity and Access Management market. Key aspects such as market size, market share, growth patterns, prevailing trends, demand drivers, leading players, industry profiles, opportunities, value chain analysis, end-user segments, various types, and applications are clearly presented. The analysis employs a bottom-up approach to accurately estimate both global and regional Identity and Access Management market sizes. A robust combination of primary and secondary research methodologies is utilized to construct a detailed overview of the Identity and Access Management market. Secondary research involved collecting data from a range of reputable sources to gather information about key players and analyze current and historical industry trends. This information was then cross-verified through primary research, which included conducting interviews with industry experts and key opinion leaders in the Identity and Access Management sector.

Furthermore, the report explores growth opportunities in both micro and macro markets, providing stakeholders with valuable insights for potential investments. An in-depth competitive analysis is included, highlighting the product offerings of major competitors. A SWOT analysis is performed to identify the strengths, weaknesses, opportunities, and threats within the Identity and Access Management market, providing a strategic perspective on the market dynamics.

Identity and Access Management Market Regional Insights:

North America is currently the frontrunner in the IAM market, largely due to the presence of a well-established regulatory environment and a high concentration of large enterprises. However, the IAM market is witnessing significant growth in other regions like Asia Pacific (APAC) and Europe, driven by factors like increasing internet penetration and growing awareness of cybersecurity threats.

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Identity and Access Management Market Segmentation:

By Component:

Provisioning
Directory Services
Password Management
Audit, Compliance, and Governance
Single Sign-On
Advanced Authentication

By Organization Size:

Small & Medium Enterprises
Large Enterprises

By Deployment Type:

Cloud
On-Premises

By Vertical:

BFSI
Telecom & IT
Public Sector & Utilities
Energy
Education
Manufacturing
Healthcare & Life Sciences
Others

The market is further divided into Cloud and On-Premise segments based on the type of development. In 2023, on-premise solutions reached saturation in the market. representing over 53.0% of total income. Prominent enterprises derive economic advantages from automated user provisioning, in addition to enhanced auditability and compliance for their entire SaaS array, encompassing Yammer, WebEx, Google Apps, and Box.net. However, it is anticipated that the other two would gain market share from the segment by 2025.

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

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Table of Content: Identity and Access Management Market:

• The Big Picture: Market size, overview, and key points.
• Our Focus: Specific areas, timeframe, and scope we'll explore.
• Market Players: Who are the big businesses and up-and-comers?
• Market Size: How much money is flowing in this market?
• Market Breakdown: Different types of products/services and their segments.
• Competition Check: How easy (or tough) is it to compete in this market?
• Who's Buying?: Understanding the customer base and their needs.
• Global Market: How does this market differ around the world?
• Decision Time: Making informed choices in this market.
• Market Shifts: What's driving changes in the market?
• Future Look: Emerging trends that will shape the market.
• The Sellers: Who are the major companies selling in this market?
• Competition Analysis: Strengths and weaknesses of the key players.

Key questions answered in the Identity and Access Management Market are:

• What is Identity and Access Management?
• What was the Identity and Access Management market size in 2023?
• What is the growth rate of the Identity and Access Management Market?
• Which are the factors expected to drive the Identity and Access Management market growth?
• What is the CAGR at which the ## market will grow during the forecast period?
• What are the different segments of the Identity and Access Management Market?
• Which is the fastest-growing region in the Identity and Access Management Market?
• What segments are covered in the Identity and Access Management Market?
• Who are the key players in the Identity and Access Management Market?
• What growth strategies are the players considering to increase their presence in Identity and Access Management?
• What are the upcoming opportunities and trends for the Identity and Access Management Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Identity and Access Management Market?
• Who are the leading companies and what are their portfolios in Identity and Access Management Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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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