Identity and Access Management Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Identity and Access Management Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : July, 2020 | Technology & Media | PPT format

Report Digest


Global Identity and Access Management Market: Overview 

Identity and access management is a security discipline and also a framework that supports and includes the technology required to manage electronic identities. In today’s multi-perimeter environments, it has become imperative for businesses to monitor and protect user access for curbing risks and fortifying compliance. Identity and access management solutions can be employed to safeguard social, cloud, and mobile access, determine silos and clarify cloud integrations, avoid advanced insider threats, and execute actionable identity intelligence. 

Global Identity and Access Management Market: Key Trends 

In a scope of varied sectors, the world identity and access management market is anticipated to seize the growth opportunity arising from the mushrooming trend of mobility and strong accentuation of compliance management. During the forecast period, vendors in the world market could be relying on another trend, i.e. bring your own device (BYOD), which is well-poised to fuel the employment of mobile applications. Moreover, employees today are permitted to use their own devices from various locations for company work. This has exposed companies to a number of cyber threats and also as a result of distributed IT environments and changing scenarios. Identity and access management can be effectively implemented to take total control of such circumstances. 

At a minimal degree, the global identity and access management market could be affected due to lack of awareness about the solutions and concerns regarding the security of consumer data. However, businesses can overcome this impediment by educating their consumers about information security and engaging with them on a constant basis. 

Global Identity and Access Management Market: Market Potential 

Garancy IAM Suite, a recently released offering of Beta Systems Software AG, is prognosticated to gain recognition for providing enhanced collaboration betwixt individual components with a significantly expanded radius of functionality. With innovations in functionality, the suite is able to reflect requirement extensions and perpetual changes in all spheres of an organization. It is known for increasing security and offering flexibility in IT compliance and for end users. A new Universal Connect framework has been implemented as part of the latest version to connect proprietary applications more flexibly and faster. 

Global Identity and Access Management Market: Regional Outlook 

Nations in the Asia Pacific region are investing their time and capital in offering support and funding to local initiatives holding a relation with the digital realm. The upshot is expected to be in the form of a growth that the regional identity and access management market could be proud of. Researchers even predict this growth to run at a lofty CAGR during the course of the forecast period. The other regional markets projected to attract eyeballs could be Europe, North America, Latin America, and the Middle East and Africa. 

The top regions of the identity and access management market are envisioned to take advantage of a leading share by the audit, compliance, and governance component and the strong growth of advanced authentication. Advanced authentication, in particular, is envisaged to gain focus as most organizations become cautious about data breaches and sensitive information theft. 

Global Identity and Access Management Market: Competitive Landscape 

Acquisition is foretold to be a major business strategy adopted by a number of players in the international identity and access management market. IBM, for instance, had acquired Lighthouse Security Group LLC to fortify its identity management software and services by offering a full suite to consumers. Some of the other prominent companies in the market are NetIQ Corporation, Dell EMC, Microsoft Corporation, CA Technologies, Oracle Corporation, Hitachi ID Systems, Inc., and Okta, Inc.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.