Cloud Identity and Access Management (IAM) Market Size – Latest Growth, Development Trends & Forecast Report to 2025

The report analyzes and presents an overview of "Cloud Identity and Access Management (IAM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Cloud Identity and Access Management (IAM)” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Cloud identity and access management (IAM) is a solution that enables the management of electronic or digital identities across business processes. Cloud IAM comprises organizational policies for managing digital identity and supporting technologies required for identity and access management. Within these policies all users are authorized, authenticated, and evaluated. Additionally, these access policies are also used to allocate users and service access to the resources. Cloud identity and access management offers single access control interface for all cloud platform services. Cloud IAM is often used to record, capture, and manage user identities and access permissions. Furthermore, cloud IAM also offers centralized identity and access, single sign-on, application on-boarding processes and security services across cloud-based platforms. Cloud IAM providers offer various functionalities such as identity synchronization and provisioning, customer identity management, federation service, single sign-on (SSO) capabilities and others such as integration features and application connectors modules. Similarly, cloud IAM providers are delivering database integrated solutions in order to effectively and efficiently map users across applications, devices, and networks.

Rising adoption of cloud-based platforms for software development across applications is primarily driving the growth of the cloud IAM market. Cloud IAM enables enterprises to access online resources securely as well as protects digital interactions of partners, customers, and employees. Moreover, a large number of small, medium and large enterprises are utilizing software as a service models across software applications which are supplementing the growth of the cloud IAM market. Additionally, with growing deployment of cloud-based applications and with a large number of users accessing the applications, it is challenging to maintain the pool of users and passwords. Cloud IAM helps enterprises to effectively and efficiently allow provision and de-provision of users and maintain multi-factor authentication. Growing demand for distributed software applications across industries is boosting the adoption of cloud IAM solutions. Enterprises are emphasizing on identifying and eliminating insider threats associated with security practices and data, by implementing cloud IAM solutions. As cloud IAM is an enabler of mobile computing and helps enterprises to implement secure mobile computing programs, growing adoption of bring your own device (BYOD) in business processes is supplementing the demand for cloud IAM. However, security issues associated with cloud-based platforms and rising cyber-attacks on data and information are anticipated to restrain the cloud IAM market. In addition, lack of control over privileged access to applications is also one of the major barriers the cloud IAM market is facing currently. However, rising adoption of cloud-based applications is expected to offer prominent opportunities for the cloud IAM market in the near future.

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The global cloud IAM market can be segmented based on service model, deployment type, and end-use industry. Based on service model, the cloud IAM market can be classified into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). On the basis of deployment type, the market is categorized into private cloud IAM solutions, public cloud IAM solutions, and hybrid/ multi cloud IAM solutions. Based on end-use industry, the market can be bifurcated into education, IT enterprises, government, sports, media & entertainment, and others, which includes healthcare and tourism. The cloud IAM market in emerging economies especially in Europe and Asia Pacific is anticipated to see healthy growth during the forecast period owing to factors such as advancing penetration of cloud technologies. Moreover, strong demand for reduced data loss and better management of accesses across applications is expected to supplement the growth of the cloud IAM market across these regions.

Growing importance of cloud-based identity & access management and better maturity of cloud-based solutions has led multiple companies to participate in the cloud IAM market. Some of the companies in the market are Centrify Corporation, CA, Inc.; Google, Inc.; Gemalto NV, Microsoft Corporation, Auth0®, Inc.; SAP SE, Okta, Inc.; International Business Machine (IBM) Corp., IAM Technology Group Ltd., Micro Focus, SafeNet, Inc.; OneLogin, Inc.; and F5 Networks, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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