Identity and Access Management Market was worth US$ 19.40 Bn in 2023 and total revenue is expected to grow at a rate of 13.21% CAGR from 2024 to 2030, reaching almost US$ 46.24 Bn in 2030.
Identity and Access Management Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Identity and Access Management Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Identity and Access Management Market, with forecasts outspreading to the year 2030.
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Identity and Access Management Market Scope and Methodology:
The primary objective of the report is to offer a thorough evaluation of the Identity and Access Management market, with an emphasis on a strategy centered on the market. This includes grasping the dynamics of the Identity and Access Management market, major trends, factors driving growth, obstacles, and possible opportunities. Data is collected through both primary and secondary research methods. Interaction with key market players in the Identity and Access Management industry such as manufacturers, suppliers, vendors, consumers, and specialists via interviews and surveys is done to gather primary data. Secondary data is obtained from various sources such as industry reports, market analyses, company websites, annual reports, trade journals, government publications, and databases.
The report contains a thorough examination of various business tactics employed by top companies, such as partnerships, mergers, acquisitions, and collaborations. The report assessed the company's market position through a SWOT analysis, identifying its strengths, weaknesses, opportunities, and threats. Methods such as assessing investment returns, conducting a feasibility study, and performing Porter's five forces analysis were used to analyze the Identity and Access Management market. The sizes of the global and regional Identity and Access Management markets were calculated using the bottom-up approach.
Identity and Access Management Market Regional Insights:
The report focuses on domestic factors to assess the status of the Identity and Access Management market in different countries across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Identity and Access Management market is intricately segmented into these well-defined regions, providing a thorough understanding of the demand's makeup and the continuously changing factors in each geographical area.
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Identity and Access Management Market Segmentation:
by Component
Provisioning
Directory Services
Password Management
Audit, Compliance, and Governance
Single Sign-On
Advanced Authentication
The market is divided into Provisioning, Directory Services, Audit, Compliance and Governance, Single Sign-On, and Advanced Authentication sub-sectors based on Component. The provisioning component category led the identity and access management market in 2023, accounting for over 30% of revenue. Businesses must have a process in place to manage identities in their IT infrastructure since more and more people are gaining access to systems and apps. User provisioning is essential to the execution of an identity lifecycle since it allows for the creation, modification, deactivation, and removal of user accounts and profiles in business applications and IT infrastructure.
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Deployment Type
Cloud
On-Premises
The market is further divided into Cloud and On-Premise segments based on the type of development. In 2023, on-premise solutions reached saturation in the market. representing over 53.0% of total income. Prominent enterprises derive economic advantages from automated user provisioning, in addition to enhanced auditability and compliance for their entire SaaS array, encompassing Yammer, WebEx, Google Apps, and Box.net. However, it is anticipated that the other two would gain market share from the segment by 2025.
by Vertical
BFSI
Telecom & IT
Public Sector & Utilities
Energy
Education
Manufacturing
Healthcare & Life Sciences
Others
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Identity and Access Management Market Key Players:
1. CA Technologies
2. Centrify
3. One Identity LLC
4. ForgeRock Inc.
5. HID Global Corporation
6. IBM Corporation
7. McAfee
8. Microsoft Corporation
9. NetIQ Corporation
10.Okta Inc.
11.One Login Inc.
12.Oracle Corporation
13.Ping Identity
14.SecureAuth
15.Evidian
16.Intel Corporation
17.Salesforce
18.Broadcom
19.Ubisecure
20.CyberArk
21.SAP
22.SailPoint Technologies
23.Saviynt
24.SecureAuth Corporation
Key questions answered in the Identity and Access Management Market are:
- What is Identity and Access Management?
- What is the growth rate of the Identity and Access Management Market?
- Which are the factors expected to drive the Identity and Access Management Market growth?
- What are the upcoming opportunities and trends for the Identity and Access Management Market?
- Who are the leading companies and what are their portfolios in Identity and Access Management Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Identity and Access Management Market?
- Who are the key players in the Identity and Access Management Market?
- What are the different segments of the Identity and Access Management Market?
- Which is the fastest growing region in the Identity and Access Management Market?
- What growth strategies are the players considering to increase their presence in Identity and Access Management?
- What is the CAGR at which the Identity and Access Management Market will grow during the forecast period?
- What segments are covered in the Identity and Access Management Market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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