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Identity and Access Management Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2029

Submitted by manasi05 on Wed, 04/19/2023 - 22:44

Identity and Access Management Market was worth US$ 15.14 Bn in 2021 and total revenue is expected to grow at a rate of 13.21 % CAGR from 2022 to 2029, reaching almost US$ 40.87 Bn in 2029.

Identity and Access Management Market Overview:

The report covers the Identity and Access Management Market’s most recent revenue and market trends. It provides a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Identity and Access Management Market, such as gross margin, cost, market share, capacity utilization, and supply. The report provides a market overview through common subjects that are highlighted with unique data based on the need. The overview aids in making decisions about how to approach the market and comprehending the industry’s backdrop.

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Size of the market and share analysis
• Analysis of the top market players' sales, business plans, and income
• What drives and stops market growth?
• Research methodology
• Market opportunities & obstacles
Identity and Access Management Market Scope:

The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Identity and Access Management Market. The report provides overall market insights for manufacturers, suppliers, distributors, and investors in the global Identity and Access Management Market. To provide users with comprehensive information, all of the main aspects and analytical market data are scientifically displayed in the form of graphs, tables, pie charts, and product statistics.

Segmentation Analysis:

The market is further divided into the following sub-segments based on component: Advanced Authentication, Password Management, Audit, Compliance, and Governance, Directory Services, and Provisioning. The provisioning component category led the identity and access management market in 2021 with over 30% in revenue. Businesses must put a process in place to manage identities in their IT infrastructure because of the increase in the number of users using systems and apps. User provisioning is essential to the implementation of an identity lifecycle because it creates, modifies, disables, and deletes user accounts and profiles across IT infrastructure and business applications.

The market is divided into two sub-segments: Cloud and On-Premise, based on development type. In 2021, on-premise solutions will dominate the market. generating over 53.0% of total revenue. With automated user provisioning, large enterprises can save money while also improving the auditability and compliance of their whole SaaS portfolio, which may include Yammer, WebEx, Google Apps, and Nonetheless, it is anticipated that the segment will lose market share to the other two by 2025.

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Key Players:

• CA Technologies
• Centrify
• One Identity LLC
• ForgeRock Inc.
• HID Global Corporation
• IBM Corporation
• McAfee
• Microsoft Corporation
• NetIQ Corporation
• Okta Inc.
• One Login Inc.
• Oracle Corporation
• Ping Identity
• SecureAuth
• Evidian
• Intel Corporation
• Salesforce
• Broadcom

The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Identity and Access Management Market to know the competition at both the domestic and global levels.

What's New for 2023?

Global competitiveness and key competitor percentage market shares
• Complimentary updates for one year
• Online interactive peer-to-peer collaborative bespoke updates
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Access to our digital archives and Market Research
Regional Analysis:

The study delves into the Identity and Access Management Market in depth, segmenting it into regions. For the analysis, a review of the provincial Identity and Access Management Market involved with the objective market, as well as results related to the objective market, is provided.

Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
North America(the United States, Mexico, and Canada.)
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Key Questions answered in the Identity and Access Management Market Report are:

What is Identity and Access Management Market?
What is the forecast period of the Identity and Access Management Market?
What is the competitive scenario of the Identity and Access Management Market?
Which region held the largest market share in the Identity and Access Management Market?
What are the opportunities for the Identity and Access Management Market?
What factors are affecting the Identity and Access Management Market growth?
Who are the key players of the Identity and Access Management Market?
Which company held the largest share in the Identity and Access Management Market?
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