Identity-As-A-Service Market Global Industry Analysis and Forecast Till 2026
Identity-as-a-Service is becoming more popular amongst many organizations, because of its feasibility in terms of management and cost. It could be defined as a cloud based service that is used for providing identity and access management solutions. The basic functions it delivers is provisioning, governance and access control. It is beneficial, as it not only reduces on-site infrastructure but also provides a wide range of integration options.
Identity-as-a-Service is becoming more popular amongst many organizations, because of its feasibility in terms of management and cost. It could be defined as a cloud based service that is used for providing identity and access management solutions. The basic functions it delivers is provisioning, governance and access control. It is beneficial, as it not only reduces on-site infrastructure but also provides a wide range of integration options.
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Report Description<br />
<strong>Identity</strong>-as-a-<strong>Service</strong> is becoming more popular amongst many organizations, because of its<br />
feasibility in terms of management <strong>and</strong> cost. It could be defined as a cloud based service that is<br />
used for providing identity <strong>and</strong> access management solutions. The basic functions it delivers is<br />
provisioning, governance <strong>and</strong> access control. It is beneficial, as it not only reduces on-site<br />
infrastructure but also provides a wide range of integration options. This type of authentication<br />
infrastructure is more likely to be adopted by medium <strong>and</strong> large scale industries. The major<br />
concerns regarding this service are identity data protection <strong>and</strong> trusting a third party with<br />
sensitive business data. However, since authorization remains the basic function of IDaaS, the<br />
present obstacles can be overcome.<br />
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1906<br />
<strong>Identity</strong> as a <strong>Service</strong> <strong>Market</strong>: Drivers <strong>and</strong> Restraints<br />
The traditional system for identity <strong>and</strong> access management, require hardware as well as<br />
software to be deployed. This not only calls for heavy investments by organizations to install the<br />
system but also to hire manpower to implement <strong>and</strong> manage the enterprise solution. With<br />
increase in the amount of data, <strong>and</strong> the need for efficient tools to securely manage the same is<br />
accelerating the growth of this market. But the lack of knowledge <strong>and</strong> the fear of adopting a<br />
cloud based identity access management service act as restraints for this market.
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