Overview:

Identity and access management is an advanced technological solution in order to securely manage digital identities and their access to various applications and systems. These systems help in proper managing of identities of a person along with identities used in accessing hardware and software.

Market Dynamics:

Rapid digitalizations across the globe, high government spending on safeguarding the internet and high adoption of access management from large organization in order to avoid identity theft are major factors expected to drive the growth of global market.

In addition, increasing demand for identity and access management solution from industries such as BFSI, healthcare, energy, etc. is another factor expected to support the growth of the target market.

However, factors such as complex integration of data and lack of knowledge about identity & access management solutions are expected to hamper the growth of global market.

Key Trends:

Players approach towards business expansion through strategic partnership and agreements is the key trend observed in the target market. In 2015, SailPoint a company focused on providing enterprise identity governance solutions with on-premises and cloud-based identity management software partnered with AirWatch, Balabit, BeyondTrust, Column IT, CyberArk, Edgile, Informatica, Lieberman Software and Regatta Solutions Group in order to launch the Identity Alliance.

Regional Analysis:

For detailed understanding of market dynamics, the global identity and access management market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America accounted for the major revenue share in 2018, owing to availability of advanced infrastructure. In addition, increasing government spending on development cloud infrastructure along with increasing adoption form various industry verticals such as BFSI, Telecom and IT, Healthcare and Life Sciences, etc. is another factor expected to support the growth of regional market.

Increasing focus on strategic merger and acquisitions is expected to support the revenue transaction of target market.

Scope of the Report:

Detailed Segmentation:

Global Identity and Access Management Market, By Component:

• Provisioning
• Single Sign-On
• Advanced Authentication
• Audit, Compliance, & Governance
• Directory Services
• Password Management

Global Identity and Access Management Market, By Organization Size:

• Large Enterprises
• SMEs

Global Identity and Access Management Market, By Deployment type:

• On-premises
• Cloud

Global Identity and Access Management Market, By Industry Vertical:

• BFSI
• Telecom and IT
• Healthcare and Life Sciences
• Retail and CPG
• Public Sector and Utilities
• Energy
• Manufacturing
• Education

Key Players Covered:

Key players operating in the market includes, IBM Corporation, Microsoft Corporation, Oracle Corporation, CA Technologies, Dell EMC, Okta, Inc., Micro Focus, Hitachi ID Systems, Inc., SailPoint Technologies, Inc., and Centrify Corporation.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Identity and Access Management Market by component, organization size, deployment type, and industry vertical, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global identity and access management market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.