Identity and Access Management Market Is Expected to Grasp the CAGR of 14.10% by 2028

 

Market Analysis and Insights : Global Identity and Access Management Market

The identity and access management market is expected to witness market growth at a rate of 14.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on identity and access management market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of identity and access management market.

IAM or Identity and access management refers to a system that acts as a framework for businesses simplifying the overall management of electronic identities. The technology is capable of capturing, managing, recording and initiating user identities and their respective permissions in an automated manner. The identity and access management system offers customers with advantages such as allow easy access, improving user experience, lowering the overall IT cost, increases productivity and enhancing security profiles.

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Global Identity and Access Management Market Scope and Market Size

The identity and access management market is segmented on the basis of component, deployment, organization size, and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.    

  • On the basis of component, the identity and access management market is segmented into solutions and services. Solutions are further segmented into data directory, identity lifecycle management, authentication, verification, password management, access management, and authorization, and audit, compliance, and governance. Data directory is sub-segmented into storage, synchronization/meta directories and virtualization/virtual directories. Identity lifecycle management is sub-segmented into provisioning and de-provisioning. Authentication is segmented into single factor authentication, 2-factor authentication and multi-factor authentication. Password management is sub-segmented into self-service password reset (SSPR), password reset and password synchronization.
  • On the basis of deployment, the identity and access management market is segmented into on-premises and cloud.
  • On the basis of organization size, the identity and access management market is segmented into large enterprises and SMEs.

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Competitive Landscape and Identity and Access Management Market Share Analysis

The identity and access management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to identity and access management market.

The major players covered in the identity and access management market report are Capgemini., Happiest Minds, HCL Technologies Limited, Infosys Limited, F5 Networks, Inc., Amazon Web Services, Inc., Hewlett-Packard Development Company, L.P., IBM Corporation, Microsoft, Oracle, Siemens, Dell, Broadcom., ForgeRock, Gemalto NV, Centrify Corporation., GlobalSign., Accenture., NTT Communications Corporation, and Cognizant,among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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