The identity and access management market is expected to grow from USD 7.20 Billion in 2015 to USD 12.78 Billion by 2020, at a CAGR of 12.2% during the forecast period. Growing emphasis on compliance management, increasing trend of mobility, and growing demand from BFSI, telecommunication, public, and critical infrastructure sectors across the globe are the top driving factor of Identity and Access Management market.
Complete report on Identity and Access Management Market spread across 136 Pages, Profiling 10 Top Companies and Supported with 71 Tables and 46 Figures is now available at http://www.reportsnreports.com/reports/267353-identity-and-access-management-iam-market-on-premise-cloud-iam-by-components-provisioning-directories-sso-advanced-authentication-password-management-audit-compliance-governance-global-advancements-forecast-analysis-2013-2018-.html .
Growing emphasis on compliance management and increasing trend of mobility are driving the identity and access management market.
The audit, compliance, and governance component is estimated to grow with the highest CAGR during the forecast period. However, provisioning services have captured the highest market share as the provisioning lies at the core of access rights compliance and enforcement initiatives. Cloud deployment is expected to grow with the highest rate from 2015 to 2020. However, on-premises deployment is expected to contribute largest market share during the forecast period.
“Asia-Pacific is expected to witness the highest growth rate during the forecast period”
The latest trends in identity and access management include cloud based IAM solutions, IAM as a service, hybrid model for deployment of Identity and Access Management solutions. The availability of cloud deployment options for Identity and access data has further given a boost to the demand for application based solutions across many verticals. Furthermore, APAC is gaining high market traction due to increasing economic and cloud adoption.
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The research methodology used to estimate and forecast the identity and access management market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global Identity and Access Management market from the revenue of key players in the market.
The identity and access management ecosystem comprises security vendors such as IBM, Microsoft, Dell Software, EMC corporation; security service providers such as MacAfee, Symantec, and Trend Micro; system integrators such as CSC, IBM, Siemens AG, and SAP SE, platform providers IBM, Microsoft, and Oracle; network providers Zebra technologies, IBM; device manufacturers Honeywell and Siemens AG, which cater to the unique business requirements of end-users.
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After arriving at the overall market size, the total market was split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, Directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
Identity and Access Management Market Research is Useful for following audience
- IT service providers and distributers
- Cyber security vendors
- Cloud service providers
- System integrators
- Value added resellers
- IAM solution vendors
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below as:
By Company Type: Tier 1
– 35%, Tier 2 – 45%, and Tier 3 – 20%
By Designation: C level – 35%, Director level – 25%, Others – 40%
By Region: North America – 45%, Europe – 20%, APAC – 30%, ROW- 5%
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