IOT- Identity Access Management Market 2018 Global Key Players: IBM Corporation, Microsoft Corporation, Hitachi, EMC Corporation, Intel Security Group, Siemens AG, Oracle Corporation

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The global IOT- identity access management market is expected to grow from USD ~8 Billion in 2016 to USD ~20 Billion by 2022, at an estimated CAGR of ~16%. The growth of this market can be constrained by factors such as continuous up-gradation of valuable features and differentiation techniques followed by competitor vendors. The other factors restraining the growth of this market are issues related to implementation guidelines and the proper assignment of security policies to the specific users.

Latest Industry News:
Dec 2017 IBM as part of an effort to make various forms of identity access management (IAM) software more easily accessible, opened an online marketplace through which IT organizations can download multifactor security software from IBM and others. The IBM Security App Exchange is intended to make it simpler for IT security teams to evaluate multiple approaches to multifactor authentication spanning everything from hardware-based tokens, to biometrics.

Sep 2017 SAP, best known for its durable enterprise apps and the HANA in-memory database, is expanding its presence in another direction: customer identity and access management. The Walldorf, Germany-based company said recently that it is in the process of acquiring Gigya, considered one of the world’s leading vendors in that category. The terms of the transaction were not disclosed, but one published report estimated the deal to be worth about $350 million. Gigya's customer identity and access management platform enables enterprises to build effective, lasting relationships with their customers. Its platform allows companies to manage customers' profile, preference, and opt-in and consent settings, with users maintaining control of their data at all times. Gigya said it currently manages 1.3 billion customer identities.

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Global IOT- Identity Access Management Market – Segments
On The Basis Of Services: User Provisioning, Multi-Factor Authentication, Directory Services, Password Management, Access Management and Single-Sign-On (SSO) among Others.
On The Basis Of Deployment: On-Cloud, On-Premise and Hybrid.
On The Basis Of Industry: Small And Medium Enterprises (SME’s) And Large Enterprises among Others.
On The Basis Of End-User: IT & Telecom, Government, Energy & Utility Services, Education, Retail & E-Commerce, Banking & Financial Services, Media & Entertainment and Manufacturing among Others.
On The Basis Of Region: Asia Pacific, Europe, North America, Latin America and the Middle East & Africa.

Intended Audience
• Cyber security providers
• System integrators
• Government organizations
• Resellers
• Security service providers
• Consultancy firms

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