Identity and Access Management Market was worth US$ 15.14 Bn in 2021 and total revenue is expected to grow at a rate of 13.21 % CAGR from 2022 to 2029, reaching almost US$ 40.87 Bn in 2029.
Identity and Access Management Market Overview:
Maximize Market Research accomplished the qualitative and quantitative Market report named Identity and Access Management Market, this Market report consists of macro analysis with accurate illustrations, and graphs with simple to grasp language. This helps users to understand the key points and overall aspects of the industry within the forecast period.
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Identity and Access Management Market Scope:
Identity and Access Management Market is rapidly growing during the forecast period so the MMR report is carved using history, consumer habits, & Market volatility.
Identity and Access Management Market report delivers an in-depth analysis of the Market structure along with estimations of the various segments & their sub-segments.
The report explores the Identity and Access Management Market segments by Type, Specialty, Application, End-Users and Region. As the Identity and Access Management Market is growing rapidly for that we integrated data from Market participants & regions may consist of (North America, Asia Pacific, Europe, Middle East & Africa, and South America).
Research is conducted using tools that are used to analyze the threats and opportunities in the forecasted period by SWOT and PORTER’S five forces to understand the underlying factors affecting the industry.
Segmentation Analysis:
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 led the identity and access management market in 2021 with over 30% in revenue. 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.
The market is divided into two sub-segments: Cloud and On-Premise, based on development type. In 2021, 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.
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Key Companies:
• CA Technologies
• Centrify
• One Identity LLC
• ForgeRock Inc.
• HID Global Corporation
• IBM Corporation
• McAfee
• Microsoft Corporation
• NetIQ Corporation
• Okta Inc.
• One Login Inc.
• Oracle Corporation
• Ping Identity
• SecureAuth
• Evidian
• Intel Corporation
• Salesforce
• Broadcom
• Ubisecure
• CyberArk
• SAP
• SailPoint Technologies
• Saviynt
• SecureAuth Corporation
Regional Insights:
Competitive analysis of the regional Market gives insides to newcomers about the competition present in the Market with their revenue, technological advancements, developments, mergers and acquisitions, alliances and Marketing tactics.
The regional Market size was estimated precisely using a bottom-up approach to collect microelements that affect Market growth. Identity and Access Management Market report consists of macro analysis which helps users to understand the key points & overall aspects of the industry, this report is carved using historical data, consumer habits, & Market volatility, competition, and others.
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Key Questions answered in the Identity and Access Management Market Report are:
- What is Identity and Access Management Market?
- What is the forecast period of the Identity and Access Management Market?
- What is the competitive scenario of the Identity and Access Management Market?
- Which region held the largest Market share in the Identity and Access Management Market?
- What are the opportunities for the Identity and Access Management Market?
- What factors are affecting the Identity and Access Management Market growth?
- Who are the key players of the Identity and Access Management Market?
- Which company held the largest share in the Identity and Access Management Market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Identity and Access Management Market
- Landscape- Leading key players and other prominent key players.
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