Consumer Identity and Access Management: Core Growth Enabler in the IOT Devices In Driving Growth In The Consumer Identity And Access Management (CIAM) Market Market, 2025

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Will the Consumer Identity and Access Management Industry Market Size Be by 2025?
In recent years, the size of the consumer identity and access management market has experienced swift expansion. The market, valued at $36.26 billion in 2024, is projected to accumulate $41.99 billion by 2025, with a compound annual growth rate (CAGR) of 15.8%. The considerable growth in the historical period is credited to factors such as personalization and improved user experience, the surge in mobile app usage, expansion of e-commerce, concerns about user data security, and regulatory compliance obligations.

What's the Long-Term Growth Forecast for the Consumer Identity and Access Management Market Size Through 2029?
In the forthcoming years, a swift expansion is anticipated in the size of the consumer identity and access management market, projected to reach $86.6 billion in 2029, with a 19.8% compound annual growth rate (CAGR). This surge during the projected period is due to factors such as consent management, identity verification services, the proliferation of digital services, user-centered identity management, business globalization, and changes in GDPR and privacy regulations. The forecast period is likely to witness trends such as the embrace of multi-factor authentication (MFA), compliance with consent management and privacy, incremental profiling for user data accumulation, identity substantiation and anti-fraud measures, cloud-dependent CIAM resolutions, and features of globalization and localization.

View the full report here:
https://www.thebusinessresearchcompany.com/report/consumer-identity-and-access-management-global-market-report

What Are the Key Growth Drivers Fueling the Consumer Identity and Access Management Market Expansion?
The rise in the utilization of internet of things (IoT) devices is anticipated to spur the expansion of the consumer identity and access management market during the prediction period. The internet of things (IoT), a system of connected, internet-linked objects capable of gathering and transmitting data over a wireless network without human interference, ushers in new security and privacy challenges. These could potentially harm customer trust and the worth of these emerging technologies. Consequently, IoT entities are adopting CIAM as it is crucial in guaranteeing user identity security. For instance, a TechJury Report indicates that by 2024, it is estimated that there will be 18.8 billion IoT devices installed worldwide. Hence, the surge in the utilization of internet of things (IoT) devices is fueling the expansion of the consumer identity and access management market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5300&type=smp

What Are the Key Trends Driving Consumer Identity and Access Management Market Growth?
Leading firms in the consumer identity and access management market are innovating decentralized identity management solutions to expand their customer reach, boost sales, and escalate revenue. A decentralized identity management system provides individuals with authority over their personal data and digital identity, which is securely housed and operated on a non-centralized blockchain network. This lessens the dependency on centralized authorities for identity verification. For example, Ping Identity Corporation, an American software company, introduced PingOne Neo, a decentralized identity management solution in March 2023 that complies with multiple standards. The distinct feature of PingOne Neo is its capacity to boost data security, privacy, and control for individuals while concurrently diminishing the resource and compliance struggles encountered by businesses. PingOne Neo accomplishes this by simplifying the procedure to obtain verified data from dependable sources through verifiable credentials, regardless of these sources being inside or outside the organization. Furthermore, Neo considerably reduces the risk of identity theft for individuals and strengthens organizations' security stance by promptly establishing trust with individuals based on their digital credentials.

How Is the Consumer Identity and Access Management Market Segmented?
The consumer identity and access management market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organization Size: Large Enterprises, SMEs
4) By Vertical: Banking, Financial Services, And Insurance (BFSI), Healthcare, IT And Telecom, Consumer Goods And Retail, Energy And Utility, Public Sector, Other Verticals

Subsegments:
1) By Solutions: Identity Verification Solutions, Authentication Solutions, User Management Solutions, Single Sign-On (SSO) Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5300&type=smp

Which Companies Are Leading the Charge in Consumer Identity and Access Management Market Innovation?
Major companies operating in the consumer identity and access management market include International Business Machines Corporation, Microsoft Corporation, Okta Inc., Ping Identity Corporation, ForgeRock Inc., LoginRadius Inc., Janrain Inc., Salesforce. com Inc., Akamai Technologies Inc., Onegini B. V., Centrify Corporation, Mitek Systems Inc., LexisNexis Risk Solutions Group, GB Group plc, Aware Inc., iWelcome B. V., Acuant Inc., RSA Security LLC, Oracle Corporation, CA Technologies, Dell EMC, Hitachi ID Systems Inc., Intel Corporation, Amazon Web Services Inc., McAfee, CyberArk Software Ltd., Thales Group, Micro Focus International plc, One Identity LLC, SailPoint Technologies Holdings Inc.

Which Regions Are Leading the Global Consumer Identity and Access Management Market in Revenue?
North America was the largest region in the consumer identity and access management (CIAM) market in 2024. Europe was the second-largest market in the consumer identity and access management (CIAM) market share. The regions covered in the consumer identity and access management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5300

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.