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Personal Identity Management Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-27-2024 08:46 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Personal Identity Management Market Size, Trends, Latest

The Global Personal Identity Management Market is estimated to grow at a CAGR of 16.5% during the forecast period. Personal Identity management's major purpose is to ensure that only authenticated users have access to the applications, systems, or IT environments for which they have been permitted access. Controlling the process of granting system or network permissions for existing users, as well as offboarding users who are no longer authorised to access organisation systems, are all part of identity management. Identity management determines if a user has access to systems and establishes the level of access and permissions that a user has on those systems.

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Users are often given more access privileges than they require to complete their tasks in many businesses. Attackers can get access to an organization's network and data by using hacked user credentials. Organizations can protect their organisational assets with identity management against a variety of risks, including hacking, ransomware, phishing, and other malware attacks.
Cybercrime, which is gradually expanding with enhanced communications in many information technology sectors, is one of the primary drivers driving the market growth. Companies are seeking several measures to overcome cybercrime, such as hacking, virus/worms, bank robbery, credit card fraud, and so on. Furthermore, governments have enacted laws and regulations relating to personal data security and cybercrime, which are helping to boost the market's prominence in numerous industries. Furthermore, the growing popularity of IoT (Internet of Things) across a variety of industries, including banking, IT & telecom, retail, energy & power, has made devices and applications more vulnerable to cyberattacks, which is expected to boost the global personal identity management market significantly.

Global Personal Identity Management Market by Segments

By Application

• Content management
• Access control

By Deployment Type

• Cloud
• On-premises

By Industry Vertical

• IT and telecom
• Banking, financial services, and insurance (BFSI)
• Energy and utilities
• Consumer goods and retail
• Others (manufacturing, education, public sector, media and entertainment)

By Service

• Professional services
• Managed services

A full report of Personal Identity Management Market available @ https://www.omrglobal.com/industry-reports/personal-identity-management-market

Personal Identity Management Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• IBM Corp.
• Vmware, Inc.
• Ca Technologies
• Microsoft Corp.
• Oracle Corp.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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