Physical Identity and Access Management Market: Trends & Opportunities with Forecast 2025
Physical identity and access management (PIAM) arrangements are adopted by various enterprises due to product and technology expansion, compliance mandates, and a better desire to achieve substitute user populations such as a sharp emphasis on secure and timely access. Additionally, a secure physical identity and access management (PIAM) is influencing the bestindustry practice, which allows to streamline approval processes and access request across multiple types of people, physical access systems, and user-access profiles. Physical identity and access management system is liable for access rights throughout the physical domain and automating lifecycle management of identities. This factor is boosting the demand of Physical Identity and Access Management (PIAM) market in coming years. The PIAM market is predicted to expand consistently during the forecast period. Obtain Report Details @ http://www.transparencymarketresearch.com/physical-identity-access-managementmarket.html The global Physical Identity and Access Management (PIAM) market can be segmented into offering type, end-use industry, and geography. In terms of offering types, the global Physical Identity and Access Management (PIAM) market can be segmented into software and service. This Physical identity and access management (PIAM) includes various physical security application such as badge management, physical asset management, visitor management, access control systems, and vehicle management. Across the globe, there is an increasing need to effectively manage the several commuters without negotiating on security features. Advanced physical Identity and Access Management (PIAM) solutions have proven to reduce complexities and risk for industries such as oil & gas, utilities, government and federal, and airports. Federal agencies and airports management services are able to reduce the service costs and decision time to establish an identity with the help of proper lifecycle management and identity credentialing. This, in turn, is projected to fuel the demand for global Physical Identity and Access Management (PIAM) solutions in the during the forecast period. Furthermore, physical Identity and Access Management (PIAM) vendors are
now focusing on linking the physical access control system with the help of various IT network directory structures. This newly developed solution is allowing to access the corporate resources and applications which includes email, messaging, network access, and databases. This factor is expected to act as an opportunity for the PIAM market in the near future. Make an Enquiry@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27353 In terms of geography, the Physical Identity and Access Management (PIAM) market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is estimated to dominate the global Physical Identity and Access Management (PIAM) market during the forecast period due to a large number of end use industries that are adopting this technology to streamline operations in the region. The Asia Pacific market is projected to expand at a significant CAGR rate during the forecast period. Asia Pacific is likely to be the most attractive market for various PIAM vendors during the forecast period due to the strong presence of companies from the BFSI, healthcare, and IT sectors who are focusing on installation of PIAM solutions. Prominent players operating in the global Physical Identity and Access Management (PIAM) market include AlertEnterprise (U.S.), Access Security Corporation (U.S), IDCUBE (India), Quantum Secure (U.S.), IBM Corporation (U.S), Dell Inc.( U.S.), and Oracle Corporation (U.S.). 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. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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