Global Identity and Access Management (IAM) Market

Identity and Access Management (IAM) Market Size, Share, Growth Analysis, By Component(Audit, Compliance & Governance, Directory Service, Multifactor Authentication), By Deployment(Cloud, Hybrid, and On-premise), By Industry Vertical(BFSI, Energy, Oil & Gas, Telecom & IT), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45B2126 | Region: Global | Published Date: June, 2024
Pages: 157 | Tables: 202 | Figures: 80

Identity and Access Management (IAM) Market Competitive Landscape

Identity and access management (IAM) providers should focus on simplifying the integration and deployment process of their solutions to improve their revenue generation potential. Identity and access management (IAM) companies can also collaborate and partner with other digital security solution providers to maximize their business reach in the future. Mergers and acquisitions will also help identity and access management (IAM) market players maximize their business presence on a global level.  

Identity and Access Management (IAM) Market Top Player’s Company Profiles

  • Salesforce Inc. 
  • OneLogin 
  • Broadcom 
  • SecureAuth 
  • Microsoft 
  • CyberArk 
  • Evdian 
  • ForgeRock 
  • Okta Inc. 
  • One Identity LLC 
  • IBM
  • ORACLE CORPORATION 
  • HID Global 
  • McAfee 
  • Ping Identity

Identity and Access Management (IAM) Market

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Global Identity and Access Management (IAM) market size was valued at USD 13.32 Billion in 2022 and is expected to grow from USD 15.4 Billion in 2023 to reach USD 48.78 Billion by 2031, at a CAGR of 15.6% during the forecast period (2024-2031).  

Identity and access management (IAM) providers should focus on simplifying the integration and deployment process of their solutions to improve their revenue generation potential. Identity and access management (IAM) companies can also collaborate and partner with other digital security solution providers to maximize their business reach in the future. Mergers and acquisitions will also help identity and access management (IAM) market players maximize their business presence on a global level.   'Salesforce Inc. ', 'OneLogin ', 'Broadcom ', 'SecureAuth ', 'Microsoft ', 'CyberArk ', 'Evdian ', 'ForgeRock ', 'Okta Inc. ', 'One Identity LLC ', 'IBM', 'ORACLE CORPORATION ', 'HID Global ', 'McAfee ', 'Ping Identity'

The threat landscape is continuously evolving, and this has resulted in a high prevalence of data breaches and cyberattacks around the world. Identity and access management (IAM) solutions help fend off cyberattacks and improve the security of organization’s data, which is why their adoption is projected to increase in the future.  

Use of Artificial Intelligence: Identity and access management (IAM) vendors can focus on developing new solutions that are integrated with artificial intelligence to improve the capabilities of IAM solutions such as verification and authentication. 

North America is estimated to account for a substantial share of the global identity and access management (IAM) market. Growing adoption of remote work and rising emphasis on improving security are estimated to be key factors allowing this region to dominate the global landscape. Surging adoption of cloud-based platforms and growing incidence of cyberattacks are also predicted to augment the adoption of identity and access management (IAM) in this region going forward. Canada and the United States are forecasted to be the leading markets in this region.    

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Global Identity and Access Management (IAM) Market

Report ID: SQMIG45B2126

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