Press Release

Identity and Access Management Market Outlook and Trend Forecast to 2026

Top Players in Identity and Access Management Market Market are Google, IBM, Oracle, Hewlett-Packard Enterprise, CA Technologies, Okta, Hitachi ID Systems Inc., NetIQ, Courion Corporation, EMC Corporation

The rising demand for advanced security solutions in organizations is boosting the global identity and access management market, says Fortune Business Insights™ in their new report titled, “Identity and access management: Global Market Analysis, Insights, and Forecast, 2019 – 2026”.

According to the report, the market is anticipated to witness an exponential CAGR of 13.17 % and reach a value worth US$ 24,757.8 Mn by 2026 from US$ 9,526.0 Mn in 2018. An important factor boosting this market is the increasing number of cyber-crimes and the need to protect confidential data with identity and access management solutions.

Top Key Players Mentioned:

  • Amazon Web Services Inc.
  • HP Development Company L.P.
  • Microsoft
  • Oracle
  • IBM Corporation
  • Siemens AG
  • ForgeRock
  • Gemalto
  • Avatier
  • Symantec
  • Beta Systems
  • CA Technologies
  • Centrify
  • Cyberark
  • Core Security
  • Crossmatch
  • Fischer Identity

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Fortune Business Insights™ foretells the BFSI segment to dominate the global and maintain a stronghold through the forecast period. This is because of the rapidly expanding banking sector and the need to provide protection to confidential data and information of the consumers. Furthermore, the health and life sciences segment is anticipated to register the fastest growth on account of the growing need to maintain a patient’s health history for medical reference and treatment procedures in the future, which, if misplaced or swapped, may lead to medical disasters.

Identity and Access Management Market Segmentation:

  1. By Component
    • Provisioning
    • Directory Services
    • Single Sign-On
    • Password Management
    • Advanced Authentication
    • Audit, Compliance, and Governance
  2. By Deployment Mode
    • Cloud
    • On-Premises
  3. By Enterprise Size
    • Large Enterprises
    • Small and Medium Enterprises
  4. By Industry Vertical
    • BFSI
    • IT and Telecom
    • Retail and Consumer Packed Goods
    • Government
    • Energy and Utilities
    • Education
    • Others
  5. By Geography
    • North America (USA and Canada)
    • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
    • Latin America (Mexico, Brazil and Rest of Latin America)
    • Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)

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“Importance of Risk Management Sources to Boost Global Market”

The rising number of web-based applications is anticipated to drive the global market for identity and access management market in the coming years The introduction and implementation of risk management solutions namely, audit management, policy-based solutions, risk management solutions, and others are also driving the market and is expected to continue doing so in the near future as well.

The rising demand for advanced security against data breaches will help the market grow in the near future.

However, the market may face rough waters on account of the lack of information about consumer data security and its uses, especially in the underdeveloped and developing economies. Additionally, the lack of skilled professionals may hinder the growth of the market in the forecast period.

“Market to Witness Robust Growth in Asia Pacific”

Fortune Business Insights™ foresees the global identity and access management market to be dominated by North America due to the presence of several leading market players in the region. The rising demand from emerging nations such as India and China will boost the Asia Pacific market.

Major Table of Contents:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends of Market
  4. Key Insights
    • Macro and Micro Economic Factors
    • Key Technological Developments
    • Industry SWOT Analysis
  5. Global Identity and Access Management Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Component
      • Provisioning
      • Directory Services
      • Single Sign-On
      • Password Management
      • Advanced Authentication
      • Audit, Compliance, and Governance
    • Market Analysis, Insights and Forecast – By Deployment
      • Cloud
      • On-Premises
    • Market Analysis, Insights and Forecast – By Organization Size
      • Small and Medium Enterprises (SMES)
      • Large Enterprises
    • Market Analysis, Insights and Forecast – By Vertical
      • BFSI
      • IT and Telecom
      • Retail and Consumer Packaged Goods
      • Government
      • Energy and Utilities
      • Education
      • Manufacturing
      • Healthcare and Life Sciences
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • Latin America
  1. North America Identity and Access Management Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Component

TOC Continued…!

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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