Consumer Identity and Access Management (IAM) Market Huge Growth in Future Scope 2024-2032 | IBM Corporation (US), Microsoft Corporation (US), SAP SE (Germany)

Consumer identity and access management (IAM) systems are utilized to offer authentication services and oversee consumer identities. These solutions retain comprehensive customer information and enable companies to deliver a more secure, cohesive, and enhanced consumer experience. Additionally, they are commonly utilized for ensuring the safety of the customer registration process, managing customer profile databases, and verifying identity when customers and others use a company's services. Increasing need for consumer identity and access management systems driven by heightened security requirements alongside the expanding digitization globally, alongside the growing embrace of digital culture within businesses, and more. These elements offer many chances for the progress and acceptance of consumer identity and access management systems in the near future.

The Consumer Identity and Access Management (IAM) Market is Valued USD 12.3 billion in 2022 and projected to reach USD 47.9 billion by 2030, growing at a CAGR of CAGR of 18.7% During the Forecast period of 2024-2032.

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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: IBM Corporation (US), Microsoft Corporation (US), SAP SE (Germany), Broadcom Inc. (US), TransUnion LLC. (US), Cisco Systems, Inc. (US), Okta (US), Akamai Technologies (US), Mitek System, Inc. (US), ForgeRock (US), Centrify Corporation (US), LoginRadius Inc. (Canada), LexisNexis Risk Solutions Group. (US), Aware, Inc. (US), Acuant, Inc. (US) & others.

Industry News:

In December 2022, Daon and ForgeRock reinforced their partnership allowing ForgeRock to use Daon's IdentityX platform for the CIAM solutions of ForgeRock. This partnership allows ForgeRock to include multi-factor authentication for the consumers.

In July 2022, Thales Group acquired OneWelcome, a CIAM company for EUR 100 Mn (US$ 106 Mn). The acquisition allows Thales to improve its identity services and improve its overall portfolio for cybersecurity solutions.

Consumer Identity and Access Management (IAM) Market Segmentation:

Consumer Identity and Access Management (IAM) Market, By Offerings
Solutions
Identity Governance
Identity Verification and Authentication
Access Management
Behavioral Analytics
Services
Integration and deployment
Support and Maintenance
Consulting

Consumer Identity and Access Management (IAM) Market, By Deployment mode
On-Premises
Cloud Based

Consumer Identity and Access Management (IAM) Market, By Vertical
BFSI
Travel, Tourism and Hospitality
Healthcare
Retail and eCommerce
IT and ITeS
Education
Government
Others

Regional Analysis

North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Important Features of the reports:

- Detailed analysis of the Consumer Identity and Access Management (IAM) Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Consumer Identity and Access Management (IAM) Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Consumer Identity and Access Management (IAM) Market performance.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Consumer Identity and Access Management (IAM) Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Consumer Identity and Access Management (IAM) Market

How big will the market and growth rate be in 2032?

What are the key drivers for the global Consumer Identity and Access Management (IAM) Market?
What are the major market trends influencing the growth of the global Consumer Identity and Access Management (IAM) Market?
What are the challenges for market growth?
Who are the key vendors in the global Consumer Identity and Access Management (IAM) Market?
What market opportunities and threats are vendors facing in the global Consumer Identity and Access Management (IAM) Market?
What are the main findings of the five forces analysis of the global Consumer Identity and Access Management (IAM) Market?

Conclusion: At the end of the Consumer Identity and Access Management (IAM) Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segment analysis is also provided in terms of type and application.

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