The global demand for Cloud Identity and Access Management Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Cloud identity and access management (IAM) refers to the cloud service that manages a given set of users' digital identity and the privileges associated with each of these identities. It maintains compliance of processes and procedures as well as controls the permission and access for users and all cloud platform services. The users are authenticated and evaluated according to policies and roles. These systems are vital for cloud computing, and for managing remote teams. They prevent identity-based attacks and data breaches that come from privilege escalations. It can be deployed on an organization's premises on an internal network that allows users to work anywhere and with any device.
Market Dynamics
The key factor driving the demand for cloud identity and access management market is the.growing adoption of cloud computing. The industrial developments occurring within developing economies are fostering the demand for this market. Enterprises are focusing on increasing funding in order to elevate product demand and growth in the market. In addition, continuous advancements in technology and their integration into IAM solutions are projected to create numerous growth opportunities for this market in the upcoming years. Implementation in governmental regulations regarding identity and access management are further pushing the demand for this market. However, lack of awareness & trust in cloud IAM providers can hamper the growth of this market
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cloud identity and access management. The growth and trends of cloud identity and access management industry provide a holistic approach to this study.
Market Segmentation
This section of the cloud identity and access management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Size Of Organization
By Type Of Solution
- Audit, Compliance, And Governance
- Single Sign-On (SSO) And Federated Provisioning
- Privileged Access Management
- Directory Service
- Other Types Of Solution
By Type Of Deployment
By End-User Vertical
- IT And Telecommunication
- BFSI
- Healthcare
- Entertainment And Media
- Retail
- Education
- Other End-User Verticals
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cloud Identity and Access Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Cloud Identity and Access Management Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cloud identity and access management market include IBM, Microsoft, Salesforce, SAP, Okta, CA Technologies, Acuant Inc, Janrain, LoginRadius, Ping Identity, Imprivata and Akamai. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
