The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
Identity and access management can be defined as the management of entire lifecycle of digital identities, their authentication, authorization and audit. Today is an era of extended enterprise, where organizations are becoming more and more globalized day by day, this trend along with the need to maintain real time secure connectivity across an organization and its stakeholders will create an additional push for companies to invest in IAM projects.
Major forces driving this market are growing enterprise mobility, regulatory compliance issues and increasingly growing usage of web based applications. Over the next 5 years, market for IAM software is expected to become highly pervasive, ubiquitous across its ecosystem, and penetrating the market to a huge extent covering all geographical territories.
Large scale enterprises and government organizations have significantly increased their spending on the security solutions and are spending more than 10 percent of the IT budget for security solutions, services, appliances and consulting services. This rise in global spending for security solutions and appliances has boosted the market opportunities for the companies providing Identity and access management (IAM) solutions.
The report also analyses market drivers, restraints and opportunities along with a study on top key players and their competitive look. The report provides key insight into identity and access management market current trends and best practices in the market.
The report brings out the identity and access management market potential across various regions such as North America, APAC, Latin America, MEA and Europe. Identity and access market is further segmented into each regional market by deployment type, components, end-users, and organization Size, and forecasts the revenue for the various sub markets.