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2025-2034 Consumer Identity and Access Management Market Evolution: Disruptions, Innovations, and Untapped Opportunities

10-14-2025 11:22 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Consumer Identity and Access Management

Consumer Identity and Access Management

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What Is the Expected CAGR for the Consumer Identity and Access Management Market Through 2025?
The size of the market for consumer identity and access management has expanded swiftly over the past few years. The market is projected to balloon from $36.26 billion in 2024 to $41.75 billion in 2025, boasting a compound annual growth rate (CAGR) of 15.1%. Factors such as personalization and user experience, increased use of mobile applications, the rise in e-commerce, concerns about user data security, and regulatory compliance have contributed significantly to the historical growth period.

What's the Projected Size of the Global Consumer Identity and Access Management Market by 2029?
Predictions indicate a significant surge in the consumer identity and access management market size in the forthcoming years. The market is expected to inflate to a value of $84.91 billion by 2029, an annual growth rate of 19.4%. The expansion during the projected period is associated with consent management, identity verification services, increasing digital services, user-centred identity management, business globalization, and the development of GDPR and privacy regulations. The forecast period will likely see the popularity of multi-factor authentication (MFA) adoption, consent management and privacy compliance, progressive profiling for gathering user data, identity confirmation and anti-fraud procedures, cloud-based CIAM solutions, and features of globalization and localization.

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Top Growth Drivers in the Consumer Identity and Access Management Industry: What's Accelerating the Market?
The growth of the consumer identity and access management market is anticipated to be spurred on by the rising use of Internet of Things (IoT) devices in the years to come. IoT, a term for interconnected objects that communicate and transfer data over the internet without need for human intervention, brings with it unique challenges in terms of security and privacy that can potentially undermine customer trust and the utility of these new systems. Therefore, CIAM adoption has become crucial in IoT organizations to fortify the security of user identities. Based on the TechJury report, it is predicted that by the end of 2024, the world will host 18.8 billion IoT devices. Consequently, the escalating use of internet of things (IoT) devices is driving the advancement of the consumer identity and access management market.

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What Trends Will Shape the Consumer Identity and Access Management Market Through 2029 and Beyond?
Leading corporations in the consumer identity and access management market are focusing on creating decentralized identity management systems to expand their customer reach, boost sales, and escalate revenue. Decentralized identity management solution is a framework that empowers users to secure and control their personal data and digital identity on a decentralized blockchain platform. This reduces the dependency on central authorities for identity confirmation. For example, in March 2023, Ping Identity Corporation, a US-based software firm, introduced PingOne Neo, a decentralized identity management scheme resilient to multiple standards. The distinct property of PingOne Neo lies in its capacity to amplify the safety, privacy, and manipulation of data for individuals; simultaneously, it diminishes the regulatory and resource hurdles encountered by companies. PingOne Neo accomplishes this by simplifying the procedure of securing verified details from credible sources through verifiable documents regardless of their origin, either internal or external to the company. Moreover, Neo significantly reduces the probability of identity theft for individuals and improves the organization's security protocol by promptly building trust with individuals based on their digital certificates.

What Are the Main Segments in the Consumer Identity and Access Management Market?
The consumer identity and access managementmarket 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

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Which Top Companies are Driving Growth in the Consumer Identity and Access Management Market?
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 Will Dominate the Consumer Identity and Access Management Market Through 2029?
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

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4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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