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Cloud Identity and Access Management Market size to exceed $5bn by 2022

More Information @ http://bit.ly/2kFpmT4 IAM processes help in saving time across varied areas, such as reducing the time frame to approve access requests. In addition, they help in revenue generation by facilitating employees as well as contractors to gain access to desired resources. Additionally, enterprises produce reports for day-to-day security administration.

More Information @ http://bit.ly/2kFpmT4
IAM processes help in saving time across varied areas, such as reducing the time frame to approve access requests. In addition, they help in revenue generation by facilitating employees as well as contractors to gain access to desired resources. Additionally, enterprises produce reports for day-to-day security administration.

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<strong>Identity</strong> <strong>and</strong> <strong>Access</strong> <strong>Management</strong> <strong>Market</strong> forecast <strong>to</strong> grow at<br />

15% CAGR from 2015 <strong>to</strong> <strong>2022</strong>: Frac<strong>to</strong>via.org<br />

<strong>Identity</strong> & <strong>Access</strong> <strong>Management</strong> (IAM) market <strong>size</strong> is estimated <strong>to</strong> reach USD 26.74<br />

billion <strong>by</strong> <strong>2022</strong>; <strong>Identity</strong> <strong>and</strong> access management market share is poised <strong>to</strong> witness a<br />

double-digit growth (15% CAGR) over the coming five years, driven <strong>by</strong> the increasing<br />

dem<strong>and</strong> for establishing secure access control infrastructure worldwide. Enterprises,<br />

both the government <strong>and</strong> privately owned, are adopting IAM technology vigorously,<br />

owing <strong>to</strong> the rising security needs pertaining <strong>to</strong> the information access <strong>by</strong> the right<br />

individual, at the right time <strong>and</strong> the right place. Moreover, adoption of this technology<br />

<strong>by</strong> various large <strong>and</strong> medium scale organizations <strong>to</strong> enhance their operating efficiency<br />

<strong>and</strong> performance will further influence the IAM industry share. According <strong>to</strong> the<br />

research <strong>by</strong> Global market insights, Inc; “Global identity <strong>and</strong> access management<br />

(IAM) market share is expected <strong>to</strong> surpass a revenue of USD 26 billion <strong>by</strong> <strong>2022</strong>.”<br />

Strict regulations about secure access control for industries such as healthcare,<br />

pharmaceutical, financial services, energy, etc. will impact identity <strong>and</strong> access<br />

management industry <strong>size</strong> noticeably. Growing dem<strong>and</strong> for native cloud application<br />

<strong>and</strong> superior network capabilities will be some of the major attributing fac<strong>to</strong>rs for the<br />

identity <strong>and</strong> access management market growth.<br />

Public sec<strong>to</strong>r is likely <strong>to</strong> be the leading end-use segment of the global IAM<br />

market<br />

Education, energy, telecom & IT, BFSI, healthcare, oil & gas, manufacturing, public<br />

sec<strong>to</strong>r & utilities are some key end-users of the identity <strong>and</strong> access management<br />

industry. Banking, financial services, <strong>and</strong> insurance (BFSI) sec<strong>to</strong>r will positively<br />

influence IAM market <strong>size</strong>, owing <strong>to</strong> the growing need <strong>to</strong> protect consumer <strong>and</strong><br />

institutional assets. Furthermore, education <strong>and</strong> healthcare sec<strong>to</strong>r are projected <strong>to</strong><br />

contribute significantly <strong>to</strong>wards the market growth over the coming five years.<br />

Government sec<strong>to</strong>r is estimated <strong>to</strong> lead the UAV application l<strong>and</strong>scape<br />

<strong>Cloud</strong>-based IAM is anticipated <strong>to</strong> register a growth rate of 20% over the coming<br />

five years<br />

<strong>Cloud</strong> identity <strong>and</strong> access management market will witness an annual growth rate of<br />

20% over the coming period of 2015-<strong>2022</strong>, which is driven <strong>by</strong> the various benefits<br />

offered <strong>by</strong> cloud-based IAM such as low cost, improved productivity, simplified<br />

management, <strong>and</strong> no hardware & software deployment. Additionally, cloud technology<br />

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detects security breaches of unauthorized physical access immediately, which will<br />

facilitate its usage across various key industries.UAVs are mostly used <strong>to</strong> recreate,<br />

Taking in<strong>to</strong> consideration the global outlook, Asia pacific identity <strong>and</strong> access<br />

management market <strong>size</strong> will yield high surge <strong>by</strong> surpassing a revenue of USD 6 billion<br />

<strong>by</strong> <strong>2022</strong>. Rising cyber threats <strong>to</strong>wards critical infrastructure <strong>and</strong> growing deployment<br />

of IAM across various public <strong>and</strong> private firms will influence the regional growth.<br />

North America IAM industry share contributed <strong>to</strong>wards 35% of worldwide revenue in<br />

2014 <strong>and</strong> is predicted <strong>to</strong> grow substantially over the period of 2015 <strong>to</strong> <strong>2022</strong>. U.S. is<br />

projected <strong>to</strong> be the major revenue pocket for North America.<br />

UK identity <strong>and</strong> access management market share <strong>by</strong> deployment, 2012 – <strong>2022</strong> (USD Million)<br />

Industry participants will invest heavily in R&D <strong>to</strong> integrate new <strong>and</strong> innovative<br />

technologies in their existing product portfolio. Mergers & Acquisitions <strong>and</strong> strategic<br />

alliances will be few of the major growth strategies adopted <strong>by</strong> the players <strong>to</strong> enhance<br />

their market value over the coming five years. Key industry players includes CA<br />

Technologies, Dell EMC Corporation, Amazon Web Services, Inc., Oracle, OneLogin,<br />

NetIQ, HID Global, IBM, Centrify, <strong>and</strong> HP.<br />

Browse key industry insights spread across 150 Pages with 62 market data tables &<br />

49 figures from the report, “<strong>Identity</strong> <strong>and</strong> <strong>Access</strong> <strong>Management</strong> (IAM) <strong>Market</strong> Size<br />

By End-Use (BFSI, Education, Healthcare, Energy, Oil & Gas, Telecom &IT,<br />

Manufacturing Public Sec<strong>to</strong>r & Utilities), By Deployment (Hybrid, <strong>Cloud</strong>, On-<br />

Premise), Industry Analysis Report, Regional Outlook, Application Potential,<br />

Competitive <strong>Market</strong> Share & Forecast, 2015 – <strong>2022</strong>” in detail along with the table<br />

of contents:<br />

https://www.gminsights.com/industry-analysis/identity-<strong>and</strong>-access-managementmarket<br />

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Segmentation of <strong>Identity</strong> <strong>and</strong> <strong>Access</strong> <strong>Management</strong> <strong>Market</strong>:<br />

For the purpose of this study, Global <strong>Market</strong> Insights has segmented the IAM market<br />

on the basis of deployment, end-use, <strong>and</strong> region:<br />

Global IAM <strong>Market</strong> Device Analysis (Revenue, USD Million, 2012 - <strong>2022</strong>)<br />

<br />

<br />

<br />

<strong>Cloud</strong><br />

Hybrid<br />

On-premise<br />

Global IAM <strong>Market</strong> Analysis (Revenue, USD Million, 2012 - <strong>2022</strong>)<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

BFSI<br />

Energy<br />

Oil & Gas<br />

Telecom & IT<br />

Education<br />

Healthcare<br />

Public sec<strong>to</strong>r & utilities<br />

Manufacturing<br />

Others<br />

Global IAM <strong>Market</strong> Regional Analysis (Revenue, USD Million, 2012 - <strong>2022</strong>)<br />

<br />

<br />

<br />

<br />

<br />

North America<br />

Europe<br />

Asia Pacific<br />

Latin America<br />

MEA<br />

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