Identity and Access Management Market Forecasts to 2028 – Global Analysis By Solution (Data Directory, Advanced Authentication), End User (Education, Hospitality, Energy and Utilities) and By Geography

According to Stratistics MRC, the Global Identity and Access Management (IAM) Market is accounted for $12.51 billion in 2020 and is expected to reach $42.46 billion by 2028 growing at a CAGR of 16.5% during the forecast period. The growing implementation of identity access management solutions in numerous industries and increasing security breaches and cyber-attacks are driving the market growth. However, high installation costs of these solutions and the absence of identity standards and insufficient resources in terms of budget are hampering the growth of the market.

Identity and Access Management (IAM) confirms that only rightfully authorized employees get access to the right resources across a highly heterogeneous technological environment. This aids the organization in digital or electronic identities. It primarily safeguards employees, partners, and customers to acquire simple & secure access to necessary applications. IAM systems are used by enterprises to store, securely initiate, and manage user identities and access authorizations

Based on the end user, the healthcare and life science segment is going to have lucrative growth during the forecast period. Healthcare organizations experience more attacks by their employees and business than financial institutions. Hence, the incorporation of IAM in healthcare would avoid unauthorized people from retrieving protected health information (PHI) and the authorized person from leaking PHI by accident.

By geography, North America is going to have high growth during the forecast period, owing to the huge generation, storage, and exchange of data in the province. Besides this, the province is home to some largest tech companies in the world, which are continually engaged in introducing advanced security solutions for companies and individuals.

Some of the key players profiled in the Identity and Access Management Market include Amazon Web Services Inc, Avatier, Beta Systems, CA Technologies, Centrify, Core Security, Crossmatch, Cyberark, Fischer Identity, ForgeRock, Gemalto, HP Development Company LP, Oracle, Siemens AG, Symantec.

Solutions Covered:
• Data Directory
• Identity Lifecycle Management
• Advanced Authentication
• Identity Proofing/Verification
• Password Management
• Access Management, and Authorization
• Audit, Compliance, and Governance
• Directory Services
• Single Sign - On (SSO)

Services Covered:
• Advisory and Implementation Services
• Consulting
• Integration and Deployment
• Managed Services
• Professional Services
• Support and Maintenance
• Training and Education Services   

Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises (SMEs)  

Deployment Models Covered:
• Platform As A service (PaaS)
• Infrastructure As A Service (IaaS)
• Software As A service  (SaaS)

Deployment Types Covered:
• On- Cloud
• On-Premises
• Hybrid

Authentication Types Covered:
• Biometrics
• Knowledge-Based Answers
• Passwords
• Pin
• Security Certificates
• Tokens

End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Construction and Real Estate
• Education
• Energy and Utilities
• Government and Non-Profit Organizations
• Healthcare and Life Science
• Hospitality
• Information Technology (IT) & Telecommunication
• Information Technology Enabled Services (ITES)
• Manufacturing
• Media & Entertainment
• Public Sector
• Consumer Packaged Goods
• Retail and E-Commerce
• Transportation and Logistics
• Travel & Hospitality
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances