Growth Analysis and Trends in the Identity and Access Management Market

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Identity and Access Management Market was worth US$ 17.14 Bn in 2022 and total revenue is expected to grow at a rate of 13.21% CAGR from 2023 to 2029, reaching almost US$ 40.87 Bn in 2029.

Maximize Market Research offers an all-encompassing portrayal of Identity and Access Management Market, presenting a contemporary snapshot that optimizes the understanding of its characteristics. The research paper thoroughly covers projected statistics, notable progressions, and revenue details within the Identity and Access Management domain. Moreover, it furnishes an exhaustive exploration of the primary strategies embraced by key industry players, empowering readers to bolster their own enterprises.

Identity and Access Management Market Growth :

Identity and Access Management Market was worth US$ 17.14 Bn in 2022 and total revenue is expected to grow at a rate of 13.21% CAGR from 2023 to 2029, reaching almost US$ 40.87 Bn in 2029.

Identity and Access Management Market Scope :

To get a better grasp of the Identity and Access Management Market, carefully examine both ongoing and emerging market trends. The analysis used Porter's five forces to rank the significance of several variables, such as the difficulties presented by different agents, the level of market rivalry, and the familiarity of potential young entrepreneurs with a specific resource. To determine the overall market size by regions and product categories, the study examined each nation's microeconomic structure. This method starts from scratch when estimating the size of local, regional, and global markets. The amount of the market that is uncontrolled can be calculated through micro-level analysis of each nation. Interactions with powerful local businessmen help to confirm the results. Both compensated and uncompensated data sets must be used to conduct and evaluate secondary research. The sources for supply by category and demand by each player are actual government statistics, commercial databases, and, in the case of listed firms, yearly reports.

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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 further divided into the following sub-segments based on component: Advanced Authentication, Password Management, Audit, Compliance, and Governance, Directory Services, and Provisioning. The provisioning component category dominated the identity and access management market in 2022 with over 30% in sales. Businesses must put a process in place to manage identities in their IT infrastructure because of the increase in the number of users using systems and apps. User provisioning is essential to the implementation of an identity lifecycle because it creates, modifies, disables, and deletes user accounts and profiles across IT infrastructure and business applications.

by Organization Size

Small & Medium Enterprises
Large Enterprises

by Deployment Type

Cloud
On-Premises

The market is divided into two sub-segments: Cloud and On-Premise, based on development type. In 2022, on-premise solutions will dominate the market. generating over 53.0% of total revenue. With automated user provisioning, large enterprises can save money while also improving the auditability and compliance of their whole SaaS portfolio, which may include Yammer, WebEx, Google Apps, and Box.net. However, it is anticipated that the segment will lose market share to the other two by 2025.

by Vertical

BFSI
Telecom & IT
Public Sector & Utilities
Energy
Education
Manufacturing
Healthcare & Life Sciences
Others

Regional Analysis:

? North America

? Europe

? Asia-Pacific

? Middle East and Africa (MEA)

? South America

The analysis of the Identity and Access Management Market in the research considers cost structures, market shares, the Producers supply networks, and the laws and regulations in effect at the time. By comparing the price of locally produced goods to the profit made, it is feasible to analyse the regional marketplaces for the Identity and Access Management Market.

Table of Content: Identity and Access Management Market

Part 01: Executive Summary

Part 02: Scope of the Identity and Access Management Market Report

Part 03: Identity and Access Management Market Landscape

Part 04: Identity and Access Management Market Sizing

Part 05: Identity and Access Management Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Identity and Access Management Market Key Players:

An in-depth analysis of key players in the Identity and Access Management market is included in this report.

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

Key Questions answered in the Identity and Access Management Market Report are:

  • Which segment grabbed the largest share in the Identity and Access Management market?
  • How is the competitive scenario of the Identity and Access Management market?
  • Which are the key factors driving the Identity and Access Management market growth?
  • Which region holds the maximum share in the Identity and Access Management market?

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Key Offerings:

  • Market Overview
  • Market Share
  • Market Size
  • Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments, sub-segments and region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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