Personal Identity Management Market

Personal Identity
Management Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and
Industry Forecast,
2014-2022

Introduction
• Personal Identity Management Market is expected to reach $23,039
million by 2022, supported by a CAGR of 16.7%.
• Personal identity management solutions are applicable for securing and
maintaining customer profile database, authentication while accessing
services of a company by customers, and others.
• The global personal identity management industry has witnessed rapid
growth in the recent years, owing to rise in the utilization of mobile devices
including smartphones, laptops, and tablets. In addition, data security
initiatives taken by governments across the world and increasing cyber
threats the contribute to the market growth.
• Asia-Pacific is expected to generate the maximum revenue globally.

Key Factors of the Market
• Growing utilization of mobile devices
• Stringent Regulation
• Increasing Cyber threats
• Complex and Time Consuming Security Procedures
• Increasing IoT Trends
• Growing Demand from various Industry verticles

Personal Identity Management Market
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Market Overview
• Personal identity management systems store customer profile data and
enable organizations in marketing their products and services and also
provide a secure, unified, and enhanced customer experience.
• Upsurge in IoT (Internet of Things) trends among organizations and
growing demand from various industry verticals such as education, public
sector, media & entertainment, and healthcare are expected to create
numerous opportunities for the market during the forecast period.
• Technological advancements, including automated meter infrastructure,
cloud computing, modern electric meters, and real-time data access
facility to customers, drive growth of the personal identity management
market in energy and utility sector.
• Asia-Pacific region is expected to provide numerous growth
opportunities.

Key Benefits
Key Findings of the Personal Identity Management Market:
• In 2015, the BFSI segment dominated the overall personal identity management
industry, in terms of revenue, and is projected to grow at a CAGR of 17.3% during
the forecast period.
• Retail & consumer goods industry segment is projected to grow at a CAGR of
19.3%.
• Access control application segment is projected to show highest growth rate, in
terms of revenue, in the study period.
• The cloud deployment segment is anticipated to grow at a CAGR of 17.8%.
• In 2015, the behavioral data type segment generated the highest revenue.
• In 2015, North America dominated the global market.

Market Segmentation

Key Players of the Market
Key Market Players Profiled in the Report
IBM Corporation, VMware, Inc., CA Technologies, Microsoft Corporation,
Oracle Corporation, OneLogin Inc., Centrify Corporation, Okta Inc.,
Experian Inc., Kaspersky Lab
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