Identity And Access Management Market to Witness Impressive Growth During 2021-2026

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The Identity and Access Management Market is projected to grow from USD 12.4 billion in 2020 to USD 27.4 billion by 2026 at a CAGR of over 14.3% during the forecast period.

Stratview Research publishes a new report titled Identity and Access Management (IAM) Market which is segmented by Deployment Mode (Cloud, Hybrid, On-premise), by Component Type (Audit, Compliance Governance, Directory Service, Multifactor Authentication, Provisioning, Password Management, Single Sign-On), by End Use Type (BFSI, Energy, Oil Gas, Telecom IT, Education, Healthcare, Public sector utilities, Manufacturing, Others) and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others]).

Market Insights

The global Identity and Access Management (IAM) Market is projected to grow from USD 12.4 billion in 2020 to USD 27.4 billion by 2026 at a CAGR of over 14.3% during the forecast period. Rising web-based applications, risk management solutions such as policy-based compliance and audit management coupled with cost control measures are further bolster the industry growth during the review period.

Global Identity and Access Management (IAM) Market Report Segments:

The Identity and Access Management (IAM) Market is segmented into the following categories:

Component Trends

The market has been classified into audit, compliance governance, directory service, multifactor authentication, provisioning, password management, and single sign-on. Under these, the provisioning segment held a significant market share in 2020. Rise in users accessing system and application, it is vital for a company to have a ideal process in IT infrastructure to manage the identities, which boosts the segment growth.

Regional Trends

The North America market held the highest market share in 2020 and is projected to grow at a healthy CAGR in the coming years. This is ascribed to favorable regulatory scenario and initiatives. These initiatives include combating threats to critical infrastructure, offering more funding for enhanced security measures, and enforcing regulations to implement specific types of security practices in various government agencies as well as a private business, which bolsters the regional market growth during the review period.

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Key players active in the market –

The following are some of the key players in the IDENTITY AND ACCESS MANAGEMENT (IAM) Market:

  • Microsoft Corporation (US)
  • Sailpoint Technologies, Inc. (US)
  • Oracle Corporation (US)
  • Dell Emc (US)
  • IBM Corporation (US)
  • Hitachi Id Systems, Inc. (Canada)
  • CA Technologies (US)
  • Micro Focus (Netiq Corporation) (UK)

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

  • Market Overview
  • Key Manufacturers Profiles
  • Market Analysis by Region
  • Market Segment by Type
  • Market Segment by Application
  • Raw Material and Supply Chain
  • Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Customization of the report –

At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.

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