Key Findings
The cloud identity and access management market of North America is estimated to record a CAGR of 17.11% during the projected period of 2020-2028. The region is home to the organizations deploying advanced cloud, together with the highest number of startups who have benefitted considerably from cloud-based application in additional revenues and cost savings. These factors are driving the market in the region.

Market Insights
The North America cloud identity and access management market is further analyzed by segregating the region into the US and Canada. In Canada, the IAM market is boosted by the increasing internet users, growing IT sector, and rising demand for cybersecurity among the industries. The Canadian market yields the highest sales revenue in the world. The market is majorly directed by cloud solutions, software service solutions, and data recovery services. In Canada, more than one third of the new startups have adopted cloud computing from the onset. Enterprises are contracting cloud services from third party companies over the years. As per ITA US study, hybrid cloud computing service market is increasing gradually in Canada. Cybersecurity is a priority among Canadian companies. The growing demand for cloud computing and big data analytics is expected to augment the cybersecurity sector. In the last few years, there have been more than 160% increments in cyber-attacks and data breaches. So the companies are immensely concerned about data security. As per the IT privacy & security act, the companies and service providers are asked to sign an agreement on data security. The Canadian cloud IAM market is concerned about risk factors involved in the marketing of cloud-related products and services such as trusted vendors, security, and data integration. One of the major challenge restricting market growth is the government is not open to foreign investment in broadband services.

Competitive Insights
Microsoft Corporation, Dell Technologies, International Business Machines Corporation, Oracle Corporation, SailPoint Technologies Holdings, Inc, etc, are some of the renowned companies operating in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments