Personal Identity Management Market Worth USD 12

5/22/2017 Personal Identity Management Market Worth USD 12.76 Billion USD by 2021 /PR Newswire India/
PUNE, India, August 9, 2016 /PRNewswire/ ­­
According to a new market research report "Personal Identity Management
Market by Application (Access Control and Content Management), Service
(Professional Services and Managed Services), Deployment Type (On­
Premises and Cloud), Vertical, and Region ­ Global Forecast to 2021",
published by MarketsandMarkets, the market size is estimated to grow from USD 7.37 Billion in 2016 to
USD 12.76 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 11.61%.
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Browse 50 market data Tables and 44 Figures spread through 127 Pages and in­depth TOC
on "Personal Identity Management Market"
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244499986.html
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The increasing technology trend of Bring Your Own Device (BYOD) and Choose­Your­Own Device
(CYOD) within organizations has introduced many security threats associated with identity thefts. As the
frequency of sophisticated attacks on critical infrastructure are growing, the Personal Identity
Management Market is expected to gain traction in the next five years.
Access control application to play a key role in thePersonal Identity Management Market
Access control is expected to play a key role in changing the Personal Identity Management landscape
during the forecast period and it also expected to grow at the highest CAGR during the forecast period.
This application provides identity managers with real­time management of all the activities with user
devices such as smartphones, tablets, and laptops along with high security against malicious threats
within the enterprises.
Cloud­based deployment is expected to be the fastest­growing deployment model
Cloud deployment is expected to be the fastest­growing deployment model in the Personal Identity
Management Market as it benefits organizations with increased scalability, speed, 24/7 services, and
enhanced management capabilities. Cloud Personal Identity Management solutions are available
according to customer demand, wherein customers can start or stop any service, at will.
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North America is expected to contribute the largest market share; Asia­Pacific (APAC) to grow at
the highest CAGR
North America is expected to hold the largest market share and dominate the Personal Identity
Management Market from 2016 to 2021. The changing adoption needs of cloud applications, BYOD,
and mobile practices along with meeting the strict compliance regulations are driving the organizations
in North America to adopt Personal Identity Management applications. Various companies such as IBM,
VMware, CA Technologies, Microsoft, Oracle, and Okta among others are operating in the market
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5/22/2017 Personal Identity Management Market Worth USD 12.76 Billion USD by 2021 /PR Newswire India/
space. APAC offers potential growth opportunities for the Personal Identity Management Market to grow,
as countries in the region are investing heavily to enhance access control and content management
solutions.
The major vendors in the Personal Identity Management Market include IBM Corporation (U.S.),
VMware (U.S.), CA Technologies (U.S.), Microsoft (U.S.), Oracle (U.S.), and others.
Browse Related Report
Identity and Access Management Market by Component (Provisioning, Directory Services, Password
Management, SSO, & Audit, Compliance, and Governance), by Organization Size, by Deployment, by
Vertical, and by Region ­ Global Forecast to 2020
http://www.marketsandmarkets.com/Market­Reports/identity­access­management­iam­market­1168.html
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