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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Identity and Access Management Market Trends
The key factors that are likely to accelerate the identity and access management (IAM) market development are increasing expenditure on security solutions by government bodies and large companies to curb identity theft and to comply with regulatory compliance. For example, the Health Insurance Portability and Accountability Act of 1996 mandates that businesses in the healthcare industry guarantee the privacy of patient records and the portability of health insurance coverage (HIPAA).
The increasing use of web-based applications, risk management tools like policy-based enforcement, and audit management in conjunction with cost-control measures are the primary drivers of the demand for identity and access management (IAM) solutions. Additionally, the rise of IoT, mobility, Bring Your Own Devices (BYOD), and remote workers necessitated the implementation of IAM solutions by organisations, thereby driving the identity and access management (IAM) market growth.
Identity and Access Management Market Report Snapshots
Identity and Access Management Market Size
Identity and Access Management Market Trends
Identity and Access Management Market Regional Analysis
Identity and Access Management Companies
*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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Key Questions Answered in the Report
In 2023, the identity and access management (IAM) market reached an approximate value of USD 16.19 billion.
The market is expected to grow at a CAGR of 13.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 49.28 billion by 2032.
The market is being driven by the rising adoption of IAM software to create one digital identity per person to identify and manage responsibilities within the workspace.
Key trends aiding market expansion include the rising expenditure on advanced computing technologies to enhance security and prevent losses, rising deployment of cloud based IAM solutions, high integration of biometrics, and government regulations regarding data security.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of identity and access management (IAM) are audit, compliance, and governance, directory service, multifactor authentication, provisioning, password management, and single sign-on.
The different technologies considered in the market report include cloud, hybrid, and on-premise.
The significant end uses of identity and access management (IAM) include BFSI, energy, oil and gas, IT and telecom, healthcare, public sector, and manufacturing, among others.
Key players in the market are Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Broadcom Inc., ForgeRock, Inc., Thales Group, Fischer International Identity, LLC, Fortra, LLC, Avatier Corporation, Okta, Inc., Assa Abloy, and Quest Software Inc., among others.
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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
+91-858-608-1494
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