As per this study, the Global Identity Analytics Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Identity analytics is a service that manages and monitors identity-based risks and threats using advanced analytics and big data technologies. It enhances the detection of access outliers, shared high privileged accounts (HPA), and orphan & dormant accounts. Such services are widely used in professional, small, medium and large enterprises where high security is much needed in the organization.
The increasing instances of identity-related security threats along with a high risk of data breach in professional organizations are propelling the market growth of identity analytics market. Additionally, increasing adoption of enterprise mobility trends, such as wireless communication networks, where identity-related risks could occur is further fueling the market growth. On the flip side, the high cost associated with the use of such services is likely to impede market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of identity analytics.
The broad identity analytics market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for identity analytics in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Identity Analytics Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the identity analytics market include Centrify, Gurucul, Happiest Minds, Hitachi ID Systems, Logrhythm, Oracle, Prolifics, Quantum Secure, Sailpoint Technologies, Verint Systems, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.