Identity and Access Management Market was worth US$ 15.14 Bn in 2021 and total revenue is expected to grow at a rate of 13.21 % CAGR from 2022 to 2029, reaching almost US$ 40.87 Bn in 2029.

Identity and Access Management Market Overview:

The Identity and Access Management Market's drivers, restraints, opportunities, trends, technical advancements, product developments, restrictions, growth strategies, and market prospects, as well as the forecast period, are briefly covered in the Identity and Access Management Market research report. The global Identity and Access Management Market research report offers an in-depth look at the industry, including key figures like market size, market share, revenue growth, and CAGR  over the forecast cast period (2021 to 2029).

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Identity and Access Management Market Scope:

The report published by Maximize Market Research on Identity and Access Management Market focuses on the most important regional market share data. Simultaneously, it highlights the important aspects of each regional market's growth tendencies. The research also includes a full geographical analysis of the industry, highlighting the industry growth potential and Identity and Access Management Market hurdles in each of the key regions.

The report also provides critical information on important variables such as market share, size, and growth rate, based on the in-depth analysis of the Identity and Access Management Market. Other areas of the economic aspects, such as investment feasibility, demand and supply, import and export status, supply chain management, and growth predictions, disclose a lot about the economy's prospects between 2020 and 2029.

Segmentation:

The market is further divided into the following sub-segments based on component: Advanced Authentication, Password Management, Audit, Compliance, and Governance, Directory Services, and Provisioning. The provisioning component category led the identity and access management market in 2021 with over 30% in revenue. Businesses must put a process in place to manage identities in their IT infrastructure because of the increase in the number of users using systems and apps.

The market is divided into two sub-segments: Cloud and On-Premise, based on development type. In 2021, on-premise solutions will dominate the market. generating over 53.0% of total revenue. With automated user provisioning, large enterprises can save money while also improving the auditability and compliance of their whole SaaS portfolio, which may include Yammer, WebEx, Google Apps, and Box.net. Nonetheless, it is anticipated that the segment will lose market share to the other two by 2025.

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Key Players:

• CA Technologies
• Centrify
• One Identity LLC
• ForgeRock Inc.
• HID Global Corporation
• IBM Corporation
• McAfee
• Microsoft Corporation
• NetIQ Corporation
• Okta Inc.
• One Login Inc.
• Oracle Corporation
• Ping Identity
• SecureAuth
• Evidian
• Intel Corporation
• Salesforce
• Broadcom
• Ubisecure
• CyberArk
• SAP
• SailPoint Technologies
• Saviynt

Regional Analysis:

The global Identity and Access Management Market's growth trend is examined in depth throughout the report. It shows how the most major regional divides, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, have global dominance in the Identity and Access Management Market. The regional Identity and Access Management Market size of the base and the forecast values for each and every segment is covered for all the economies. The report also includes the market hampering factors both positively as well as negatively in every region for the Identity and Access Management Market.

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Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Identity and Access Management Market
  • Landscape- Leading key players and other prominent key players.

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