Identity and Access Management Market 2019 In-Depth Analysis of Industry Share, Size, Growth, and Key Players & forecast to 2025

Identity and access management market growth is anticipated to be driven by the growing need to curb increasing identity thefts and save organization-critical information.

With rise in number of identity theft cases, enterprises of all sizes are investing heavily in identity and access management solutions to improve their security posture. In addition, organizations are also engaging in strategic alliances to better handle identity governance concerns. For instance, Ping Identity partnered with SailPoint Technologies in 2018, in order to provide secured access to various on-premise and hybrid IT applications.

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This strategic alliance will facilitate the companies to deliver simplified identity access and governance solutions to various businesses, which, in turn, will ensure provisioning of secured access to the right people. Owing to security reasons,  both public and private corporations are investing in IAM solutions, which will provide impetus to global identity and access management market growth. In terms of revenue, identity and access management market size is expected to surpass USD 20 billion by 2025.

Penetration of identity and access management systems in corporate sector

Growing security requirement in corporate sector owing to shifting preference towards BYOD (bring your own device) has increased the associated risk of data thefts, which is expected to foster growth of identity and access management market share over the coming years. Utilization of IAM solutions help to improve employee satisfaction, enhance productivity, and reduce hardware costs across organizations.

Surge in public-private collaboration across developing countries are presenting sound business cases for identity and access management industry. Moreover, rise in number of cybercrime incidents on a global scale will further increase IAM penetration in corporate sector.

Connected-workplace culture to provide impetus to IAM industry growth

Growing demand for connected workplaces across various industry verticals to supplement employee satisfaction and enhance productivity is estimated to boost identity and access management market share over the analysis period. With rise in connected workplace culture, an escalating demand for IAM has been witnessed.

For instance, Okta entered into a cloud identity alliance with an enterprise cloud infrastructure & workplace software provider, VMware in 2018. As per the new alliance, Okta identity cloud solutions will be integrated with VMware’s Workplace ONE in order to facilitate secure cloud migration. This will help to address issues surrounding identity and access management security on the cloud, profiting organizations through connected workplace & enhanced productivity.

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Growing penetration of technology along with proliferating digitalization to supplement Latin America IAM industry share

Latin American identity and access management market is estimated to showcase exponential growth rate of more than 13% CAGR over the projected timeframe. Latin America represents lucrative opportunities for identity and access management market growth. The region is currently experiencing unrestricted growth in terms of technology development. However, increasing connectivity in personal, urban, and corporate settings along with heavy reliance on technology has resulted in vulnerabilities giving rise to cyberthreats across the region.

All in all, boom in digitalization, enhanced adoption of big data, IoT solutions, and cloud-computing is slated to characterize IAM market trends over the years ahead.

Table of Contents (ToC) of the report:

Chapter 4.   Competitive Landscape

4.1.  Introduction

4.2.  Company market share, 2018

4.3.  Major IAM market players, 2018

4.3.1. IBM Corporation

4.3.2. Okta, Inc.

4.3.3. Oracle

4.3.4. SailPoint Technologies Holdings, Inc.

4.3.5. CA Technologies

4.4.  Major IAM market innovation leaders, 2018

4.4.1. Crossmatch

4.4.2. OpenText Corp.

4.4.3. Ping Identity

4.4.4. ForgeRock

4.4.5. OneLogin, Inc.

4.5.  Other prominent vendors

Chapter 5.   Identity and Access Management Market, By Solution

5.1.  Key trends, by solution

5.2.  Provisioning

5.2.1. Market estimates and forecast, 2014 – 2025

5.3.  Password management

5.3.1. Market estimates and forecast, 2014 – 2025

5.4.  Directory service

5.4.1. Market estimates and forecast, 2014 – 2025

5.5.  Advanced authentication

5.5.1. Market estimates and forecast, 2014 – 2025

5.6.  Single Sign-On (SSO)

5.6.1. Market estimates and forecast, 2014 – 2025

5.7.  Audit, compliance and governance

5.7.1. Market estimates and forecast, 2014 – 2025

Chapter 6.   IAM Market, By Deployment Model

6.1.  Key trends, by deployment model

6.2.  On-premise

6.2.1. Market estimates and forecast, 2014 – 2025

6.3.  Cloud

6.3.1. Market estimates and forecast, 2014 – 2025

Chapter 7.   Identity and Access Management Market, By Application

7.1.  Key trends, by application

7.2.  BFSI

7.2.1. Market estimates and forecast, 2014 – 2025

7.3.  IT & telecom

7.3.1. Market estimates and forecast, 2014 – 2025

7.4.  Healthcare

7.4.1. Market estimates and forecast, 2014 – 2025

7.5.  Education

7.5.1. Market estimates and forecast, 2014 – 2025

7.6.  Public sector and utilities

7.6.1. Market estimates and forecast, 2014 – 2025

7.7.  Manufacturing

7.7.1. Market estimates and forecast, 2014 – 2025

7.8.  Retail

7.8.1. Market estimates and forecast, 2014 – 2025

7.9.  Others

7.9.1. Market estimates and forecast, 2014 – 2025

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