Identity and Access Management Market forecast to grow at 15% CAGR from 2015 to 2022: Fractovia.org
Identity & Access Management (IAM) market size is estimated to reach USD 26.74 billion by 2022; Identity and access management market share is poised to witness a double-digit growth (15% CAGR) over the coming five years, driven by the increasing demand for establishing secure access control infrastructure worldwide. Enterprises, both the government and privately owned, are adopting IAM technology vigorously, owing to the rising security needs pertaining to the information access by the right individual, at the right time and the right place. Moreover, adoption of this technology by various large and medium scale organizations to enhance their operating efficiency and performance will further influence the IAM industry share. According to the research by Global market insights, Inc; “Global identity and access management (IAM) market share is expected to surpass a revenue of USD 26 billion by 2022.� Strict regulations about secure access control for industries such as healthcare, pharmaceutical, financial services, energy, etc. will impact identity and access management industry size noticeably. Growing demand for native cloud application and superior network capabilities will be some of the major attributing factors for the identity and access management market growth.
Public sector is likely to be the leading end-use segment of the global IAM market Education, energy, telecom & IT, BFSI, healthcare, oil & gas, manufacturing, public sector & utilities are some key end-users of the identity and access management industry. Banking, financial services, and insurance (BFSI) sector will positively influence IAM market size, owing to the growing need to protect consumer and institutional assets. Furthermore, education and healthcare sector are projected to contribute significantly towards the market growth over the coming five years. Government sector is estimated to lead the UAV application landscape Cloud-based IAM is anticipated to register a growth rate of 20% over the coming five years Cloud identity and access management market will witness an annual growth rate of 20% over the coming period of 2015-2022, which is driven by the various benefits offered by cloud-based IAM such as low cost, improved productivity, simplified management, and no hardware & software deployment. Additionally, cloud technology 1|Page
detects security breaches of unauthorized physical access immediately, which will facilitate its usage across various key industries.UAVs are mostly used to recreate, Taking into consideration the global outlook, Asia pacific identity and access management market size will yield high surge by surpassing a revenue of USD 6 billion by 2022. Rising cyber threats towards critical infrastructure and growing deployment of IAM across various public and private firms will influence the regional growth. North America IAM industry share contributed towards 35% of worldwide revenue in 2014 and is predicted to grow substantially over the period of 2015 to 2022. U.S. is projected to be the major revenue pocket for North America. UK identity and access management market share by deployment, 2012 – 2022 (USD Million)
Industry participants will invest heavily in R&D to integrate new and innovative technologies in their existing product portfolio. Mergers & Acquisitions and strategic alliances will be few of the major growth strategies adopted by the players to enhance their market value over the coming five years. Key industry players includes CA Technologies, Dell EMC Corporation, Amazon Web Services, Inc., Oracle, OneLogin, NetIQ, HID Global, IBM, Centrify, and HP. Browse key industry insights spread across 150 Pages with 62 market data tables & 49 figures from the report, “Identity and Access Management (IAM) Market Size By End-Use (BFSI, Education, Healthcare, Energy, Oil & Gas, Telecom &IT, Manufacturing Public Sector & Utilities), By Deployment (Hybrid, Cloud, OnPremise), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/identity-and-access-managementmarket 2|Page
Segmentation of Identity and Access Management Market:
For the purpose of this study, Global Market Insights has segmented the IAM market on the basis of deployment, end-use, and region: Global IAM Market Device Analysis (Revenue, USD Million, 2012 - 2022)
Cloud Hybrid On-premise
Global IAM Market Analysis (Revenue, USD Million, 2012 - 2022)
BFSI Energy Oil & Gas Telecom & IT Education Healthcare Public sector & utilities Manufacturing Others
Global IAM Market Regional Analysis (Revenue, USD Million, 2012 - 2022)
North America Europe Asia Pacific Latin America MEA
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