Identity and Access Management Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Global Identity and Access Management Market 2016-2020 Technavio recognizes the following companies as the key players in the global identity and access management market: CA Technologies, Dell, Hitachi, IBM, Oracle, and SailPoint Technologies. Other Prominent Vendors in the market are: Bitium, Centrif, Covisint, Exostar, Fisher International, ILANTUS Technologies, iWelcome B.V., Microsoft, Okta¸ OneLogin, Salesforce, SAP, and Simeio Solutions. Browse full report with TOC@ https://marketreportscenter.com/reports/374157/global-identity-andaccess-management-market-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “Integration of IAM with other security components will be a key trend for market growth. There is a rising demand for the seamless integration of IAM solutions with other security solutions. For instance, integration with an identity manager and event manager enables adequate provisioning and de-provisioning, total access control, and password management. In addition, integration with digital forensic solutions helps investigate user behavior. Major IAM vendors such as IBM, CA, and Dell provide solutions that enable easy integration. This focus on integration with other security components will contribute to the growth of the market during the forecast period.” According to the report, one of the key drivers for market growth will be the need to improve operational efficiency. Organizations face constant threats from unauthorized users attempting to access confidential information. An organization's success depends on how well an organization can integrate risk management and automated internal control systems with its business activities and decision-making processes. In an increasingly competitive market landscape, organizations choose IAM solutions to enhance operational efficiency and gain a competitive advantage. They adopt IAM solutions to detect and prevent fraud, analyze real-time and historical trends in business activities to identify highrisk areas, and ensure optimal performance. The increasing demand for IAM solutions among organizations will contribute to the growth of the global IAM market. Further, the report states that high cost of implementation will be a challenge for the market. The deployment of IAM solutions involves costs related to obtaining licenses for solutions, system design and customization, implementation, training, and maintenance. After purchasing the license, organizations need to hire resources for the implementation of the software. Furthermore, enterprises