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Swift Growth in Consumer IAM Market: Increasing to $14.39 billion in 2025 at a CAGR of 15.8%, driven by digital transformation and rising cybersecurity threats
The global consumer IAM market is anticipated to witness significant growth due to the emergence of customer data platforms, adoption of advanced authentication methods and AI and machine learning trends.What Is The Projected Market Size Of The Global Consumer IAM Market And Its Growth Rate?
The Consumer IAM market has been growing at a rapid pace.
• The market grew from $12.42 billion in 2024 to $14.39 billion in 2025, achieving a CAGR of 15.8%.
• The market is expected to further accelerate with a projected value of $27.99 billion in 2029 at a CAGR of 18.1%.
The prime factors behind this growth are digital transformation, proliferation of online services, cybersecurity threats, regulatory compliance requirements, and consumer demand for personalization.
What Is Driving The Growth In The Consumer IAM Market?
The escalating number of security breaches and cyber-attacks is propelling the growth of the consumer IAM market. As cyber attackers increasingly target consumer identity for illicit activities, there's a mounting pressure to secure the systems. The consumer IAM market provides data privacy protection and aids in defense against fraud and abuse, including identity theft. The need for such measures is evident with a significant increase in reported cybercrimes. For example, the Australian Cyber Security Centre reported a 13% rise in cybercrime reports from the previous year in 2022. This rising trend is a major contributor to the growth of the consumer IAM market.
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Who Are the Key Players Driving Consumer IAM Market Growth?
• International Business Machines Corp
• Microsoft Corporation
• Salesforce Inc.
• SAP AG
• Broadcom Inc.
• Okta Inc.
• Akamai Technologies Inc.
• And many more
What Are The Key Trends In The Consumer IAM Market?
The consumer IAM market is witnessing the following trends:
• User-centric authentication methods.
• Integration with customer experience platforms.
• Cloud-based CIAM services.
• Compliance with regulatory standards.
• AI and machine learning in CIAM.
What Are The Segments Of The Global Consumer IAM Market?
The consumer IAM market can be segmented as follows:
• By Component: Solutions, Services.
• By Organization Size: Large Enterprises, SMEs.
• By Verticals: BFSI, Hospitality, Healthcare, Retail And E-commerce, Public Sector, Automotive, Education, IT, Transportation And Logistics, Other Verticals.
Which Region Leads The Consumer IAM Market?
North America held the dominant position in the consumer IAM market in 2024. The other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Consumer IAM Market Global Market Report?
- Market Size Analysis: Analyze the Consumer IAM Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Consumer IAM Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Consumer IAM Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Consumer IAM Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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