Identity and Access Management Market, by Component (Provisioning, Directory Services, Single Sign-On, Advanced Authentication, Password Management Audit, Compliance, and Governance), by Organization Size (SMEs and Large Enterprises), by Deployment Type (On-premises and Cloud-based), by Vertical, and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Jul 2018 |
  • Format :  

Identity access management (IAM) is a security framework, which ensures secure access to end users across multiple applications. The basic functionality of IAM includes authorized user access requests, automated provisioning of accounts among heterogeneous systems, password management, control over user access to target systems via automated policies & workflows and access certification processes, which help organisations to protect IT infrastructure. The identity and access management solutions protect organisations’ valuable information and applications with the help of security policies, context-based access control, and business-driven identity governance, which is expected to be factors fuelling growth of the market.

Cloud-based IAM solution provides growth opportunity to the market

Cost-effectiveness feature of the cloud-based IAM service is one of the major driving factors for growth of the market. Enterprises are adopting cloud-based applications at a large scale, which in turn increase the cloud traffic. For instance, according to Coherent Market Insights’ analysis, global cloud IP traffic is expected to reach 14 ZB by the end of 2020, up from 4 ZB per in 2015. Moreover, the adoption of cloud based IAM will help enterprises in terms of cost cutting of infrastructure and minimize complexity in managing access controls and compliance for users by preventing data breach issues.  Another factor aiding in growth of the market is emergence of identity-as-a-service (IDaaS), which is a security verification solution developed and controlled by a third-party service provider that allows employees to access cloud-based applications through a single sign-on (SSO) process.

BFSI segment is expected to account for the largest market share during the forecasted period

On the basis of verticals, the BFSI segment is expected to hold the largest market share during the forecasted period. Bank and financial institutions’ operations are operated in secure environment. The BFSI sector is increasingly implementing IAM solutions to improve risk management and fraud detection, as these solutions help in preventing online fraud transactions, credit card-related functions, and insurance claims. Hence, several large financial institutions are replacing conventional solutions and investing significantly in integrating the IAM solutions to streamline their workflows. The acceptance of hybrid deployment models for cost-effective functioning is also another factor leading to high adoption of IAM in the BFSI sector

Identify and access management: Regional insights

On the basis of geography, the global identify and access management market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.  North America held a dominant position in the market and is estimated to retain its dominance throughout the forecast period.  Increasing  penetration of  IoT devices among various verticals, growing adoption of bring your own device (BYOD) trend, and enterprise mobility requirements are some of the factors bolstering growth of the identify and access management market over the forecast period. According to Coherent Market Insights, in 2017, it is calculated that 9.2 billion units of IOT devices have installed in North America and is projected to reach 33.9 billion units by 2025. Moreover, digitalization of processes among various enterprises in sectors such as BSFI and telecom & IT has led to increasing risk of data breaches. According to ITRC (Identity Theft Resource Center) Organization's analysis, in 2016, around 454 data breaches were recorded in the U.S.  Therefore, to decrease the risk associated with data breaches and reduce the vulnerabilities, demand for IAM solutions to combat malicious attacks is expected to increase in large and small and mid-sized companies. This is anticipated to drive growth of the identity and access management market in the near future. Additionally, growing awareness of security breaches has led to adoption of these services by various government agencies such as such as Department of the Interior, Transportation, and Veteran Affairs, U.S. for implementing high authentication measures, thus aiding in growth of the market.

 

Identify and access management: Competitive Background

Some of the leading players in the identify and access management include Amazon Web Services, CA Technologies, Centrify Corporation, Dell Emc, ForgeRock Inc., Hewlett Packard, HID Global Corporation, Hitachi Id Systems, Inc., IBM Corporation, Intel Corporation, McAfee, and Oracle Corporation.

 

Identify and Access Management: Taxonomy

By Component

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

By Organization Size

  • SMEs (Small and Medium Enterprises)
  • Large Enterprises

By Deployment Type

  • On-premises
  • Cloud-based

By Verticals

  • BFSI
  • Telecom & IT,
  • Retail,
  • Public Sector and Utilities
  • Energy
  • Education
  • Manufacturing
  • Healthcare and Life Sciences
  • Others

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.