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The Asia Pacific Identity-as-a-Service (IDaaS) market size reached around USD 688.50 Million in 2024. The market is projected to grow at a CAGR of 23.50% between 2025 and 2034 to reach nearly USD 5682.95 Million by 2034. The market growth can be attributed to the rising prevalence of work-from-home models and the rapid digitalisation of the BFSI industry across the region.
Base Year
Historical Year
Forecast Year
Value in USD Million
2025-2034
Asia Pacific Identity-as-a-Service (IDaaS) Market Outlook
*this image is indicative*
Asia Pacific Identity-as-a-Service (IDaaS) Market Summary |
Description |
Value |
Base Year |
USD Million |
2024 |
Historical period |
USD Million |
2018-2024 |
Forecast Period |
USD Million |
2025-2034 |
Market Size 2024 |
USD Million |
688.50 |
Market Size 2034 |
USD Million |
5682.95 |
CAGR 2018-2024 |
Percentage |
XX% |
CAGR 2025-2034 |
Percentage |
23.50% |
CAGR 2025-2034 - Market by Country |
India |
26.8% |
CAGR 2025-2034 - Market by Country |
Australia |
20.8% |
CAGR 2025-2034 - Market by Deployment Type |
Hybrid |
26.3% |
CAGR 2025-2034 - Market by End Use |
IT and Telecommunication |
27.8% |
Market Share by Country 2024 |
Japan |
15.2% |
In 2023, organisations in the Asia Pacific region experienced an alarming average of 1,963 cyberattacks per week. Approximately 25% of these incidents were driven by motives of espionage. As a result, security expenditures in the Asia Pacific have consistently increased at a CAGR of 12.8% since 2022, with projections indicating that spending will reach USD 52 billion by 2027, in response to the growing array of cyber threats facing digital enterprises. As cyberattacks evolve in complexity, businesses are increasingly seeking IDaaS solutions that provide advanced security measures, including multi-factor authentication, real-time threat detection, and comprehensive identity management. This is favourably shaping the Asia Pacific Identity-as-a-Service (IDaaS) market dynamics.
According to industry reports, approximately two-thirds of companies within the Asia Pacific region have integrated artificial intelligence (AI) and the Internet of Things (IoT) into their business infrastructures. The swift proliferation of IoT devices in the region is creating a heightened demand for Identity-as-a-Service (IDaaS). As the number of connected devices increases, IDaaS plays a crucial role in providing identity management and security, essential for navigating complex device networks. It ensures secure access, authentication, and monitoring, thereby assisting organisations in effectively managing and safeguarding a vast array of interconnected IoT devices.
Swift digital transformation of the BFSI industry; rising incidences of cyberattacks; strict data protection regulations; and expansion of cloud services in the region are the major factors driving the Asia Pacific Identity-as-a-Service (IDaaS) market growth.
Many businesses in the region are shifting their IT infrastructure to the cloud to reduce operational costs and enhance agility. As organisations embrace Software-as-a-Service (SaaS) and other cloud-based applications, they require secure identity management solutions to control user access, verify identities, and prevent unauthorised breaches.
The booming digital economy, rise of fintech, and expansion of e-commerce platforms have increased the demand for secure identity verification methods. IDaaS solutions facilitate password-less authentication, biometric security, and secure customer onboarding for digital financial services, ensuring both security and a smooth user experience. This is contributing to the Asia Pacific Identity-as-a-Service (IDaaS) market development.
With the increasing threat of cyberattacks, data breaches, and identity fraud, businesses are investing in advanced identity security solutions. IDaaS provides AI-driven fraud detection, automated risk assessment, and behavioural analytics to identify and mitigate security threats in real-time. This enhances protection against phishing, credential theft, and unauthorised access.
Governments in the Asia Pacific are enforcing strict cybersecurity regulations to protect sensitive data. Countries like China, India, Singapore, and Australia have introduced stringent compliance measures, requiring businesses to adopt secure IAM solutions. IDaaS helps organisations meet these regulations by providing centralised identity governance, user monitoring, and real-time threat detection.
The integration of artificial intelligence and machine learning into IDaaS solutions has emerged as one of the key factors behind market growth. This has led to substantial improvements in organisations’ threat detection capabilities by streamlining identity management processes and enhancing user authentication techniques. This has made it possible for companies to strengthen their cybersecurity abilities. By 2030, the adoption of artificial intelligence-based tools is expected to increase the GDP of local economies by nearly 26%. This is creating a favourable Asia Pacific Identity-as-a-Service (IDaaS) market outlook.
As data protection regulations become more stringent throughout the Asia Pacific, IDaaS providers are prioritising features that facilitate compliance with these regulations. Standard offerings include improved privacy controls, comprehensive audit trails, and robust data encryption, which assist organisations in managing intricate legal frameworks while safeguarding sensitive data.
The EMR’s report titled “Asia Pacific Identity-as-a-Service (IDaaS) Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Breakup by Component
Breakup by Deployment
Breakup by Industry Vertical
Breakup by Country
Based on deployment type, the market is segmented into public cloud, private cloud, and hybrid cloud. Over the forecast period of 2025-2034, hybrid cloud is expected to grow at a CAGR of 26.3% as it combines the scalability of the public cloud with the security of the private cloud. The cost efficiency, robust security and compliance, and customisation offered by hybrid cloud are further boosting its appeal.
Meanwhile, private and public clouds are expected to grow at a healthy pace in the coming years amid the growing demand for reliable and secure data management solutions and stringent data security and compliance regulations.
CAGR 2025-2034 - Market by |
Deployment Type |
Hybrid |
26.3% |
Public |
XX% |
Private |
XX% |
Leading IDaaS providers are expanding cloud-based IAM solutions, integrating AI-driven security, and enhancing multi-factor authentication. They are forming strategic partnerships, ensuring compliance with regional cybersecurity laws, and investing in zero-trust frameworks to expand their Asia Pacific Identity-as-a-Service (IDaaS) market share. Companies are also improving user experience with passwordless authentication and biometric verification to strengthen identity security.
Exostar LLC, established in 2000, is headquartered in Virginia, United States. The company is recognised as the preferred cloud platform for secure collaboration solutions in enterprise and supply chain environments, as well as for its expertise in identity and access management.
HCL Technologies Ltd., established in 1991, is headquartered in India. HCL Tech operates as a global technology firm, employing over 219,000 individuals in 60 countries. The company offers industry-leading solutions focused on digital transformation, engineering, cloud computing, and artificial intelligence, supported by an extensive range of technology services and products.
Oracle Corporation was established in 1977 and is a prominent American multinational computer technology firm based in Texas. It holds the position of being the largest database management company globally, boasting sales of US$100 million.
Thales S.A. was established in 1893 and is headquartered in Paris, France. The company specialises in delivering advanced technologies, electronic systems, software, and equipment, as well as services for the aerospace, defence, and security sectors, including space and ground transportation solutions.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players included in the Asia Pacific Identity-as-a-Service (IDaaS) market report are IBM Corp., Microsoft Corp., Broadcom Inc., Google LLC, Capgemini SE, Atos SE, and Okta Inc., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 688.50 Million.
The market is projected to grow at a CAGR of 23.50% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 5682.95 Million by 2034.
The different countries considered in the market report include China, Japan, India, ASEAN, and Australia, among others.
The market is being driven by the rapid digitisation in the region and increasing cases of cyber threats.
The key trends aiding market expansion include the strict data protection regulations in the region and the rapid adoption of cloud-based solutions.
The major deployment types in the market are public cloud, private cloud, and hybrid cloud.
Key players in the market are IBM Corp., Microsoft Corp., Broadcom Inc., Google LLC, Capgemini SE, Oracle Corp., HCL Technologies Ltd., Exostar LLC, Thales S.A., Atos SE, and Okta Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Component |
|
Breakup by Deployment Type |
|
Breakup by Industry Vertical |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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