Allied Market Research

2024

Identity And Access Management Market

Identity and Access Management Market Size, Share, Competitive Landscape and Trend Analysis Report by Deployment Ty[e (CLOUD, ON-PREMISE), by Enterprise Size (SMALL AND MEDIUM ENTERPRISES (SMES), LARGE ENTERPRISES) and by Component (Solution, Service): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Vineet Kumar
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An identity and access management (IAM) system in BFSI is a framework for business processes, which facilitates the management of electronic identities. This framework includes the technology, which supports identity and access management. IAM technology can be used to capture, initiate, record, and manage user identities and their access permissions through automation. This ensures that all individuals and services are properly authorized, authenticated, and audited.

Increase in need for compliance management, reduction of risk, and prevention of advanced insider threats in the BFSI sector drive the market. In addition, growth in demand for mobility solutions as well as rise in security concerns among BFSI sector propels the growth of the market. However, lack of effective identity and access management poses significant risks to compliance and to an organizations overall security, which limits the growth of the market. Furthermore, increase in adoption of cloud and SaaS applications in BFSI sector, emergence of hybrid cloud model, and expansion of the banking sector in emerging economies is expected to provide numerous opportunities for the market.

The identity and access management market in BFSI is segmented on the basis of deployment type, end user, size, and region. Deployment type segment covered in this study includes cloud and on-premise systems. Cloud systems are again bifurcated into public, private, and hybrid. Based on organization size, the market is divided into small & medium enterprises (SMES) and large enterprises. Based on component, the market is classified into directory services, password management, audit, compliance, and governance management, advanced authentication, provisioning, and single sign-on. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players profiled in the report include IBM Corporation, Oracle Corporation, Hitachi ID Systems, Inc., Dell Technologies, CA Technologies, Micro Focus, Bitium, Inc., Okta, Inc., Centrify Corporation, and Core Security SDI Corporation.

Key Benefits

  • The study provides an in-depth analysis of the global identity and access management market and current & future trends to elucidate the imminent investment pockets.
  • Information about key drivers, restrains, and opportunities is provided.
  • Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global market¬†is provided to determine the market potential.

Identity and Access Management Market Report Highlights

Aspects Details
Identity and Access Management Market By Deployment Ty[e
By Deployment Ty[e
  • CLOUD
  • ON-PREMISE
Identity and Access Management Market By Enterprise Size
By Enterprise Size
  • SMALL AND MEDIUM ENTERPRISES (SMES)
  • LARGE ENTERPRISES
Identity and Access Management Market By Component
By Component
  • Solution
  • Service
Identity and Access Management Market By GEOGRAPHY
By GEOGRAPHY
  • NORTH AMERICA
    • U.S
    • Canada
  • EUROPE
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • ASIA-PACIFIC
    • Japan
    • China
    • Australia
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
Key Market Players
Key Market Players

ForgeRock, Ping Identity, Broadcom, Salesforce, Inc., ORACLE CORPORATION, CyberArk, Microsoft CORPORATION, Okta, Inc., HID Global, IBM CORPORATION

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Identity And Access Management Market

Global Opportunity Analysis and Industry Forecast, 2023-2032