MarketResearch.biz announces publication of its most recently generated research report titled, “Global Identity and Access Management Market by Type (Private Cloud, Public Cloud, And Hybrid Cloud), by Application (BFSI, IT & Telecommunication, Healthcare, Media & Entertainment, Education, Transportation & Logistics, Energy & Utility, Retail, And Others), and Region (North America, Europe, China, Japan, India, South America, Middle East & Africa, and Rest of the World). Global Forecast to 2027.”, which offers a holistic view of the clinical trials market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2018–2022) is projected to be more than US$ 60 Bn, which is expected to increase relatively over the latter part of the five-year forecast period.
Identity and Access Management is a system used for securely initiating, storing, and managing user identities and to grant access permissions. IAM ensures that a user is authenticated and provides authority or access for a particular application or a system.
Browse the full “Identity and Access Management (IAM) Market By Type (Private Cloud, Public Cloud, And Hybrid Cloud), By Application (Bfsi, It & Telecommunication, Healthcare, And Others), And Region – Global Forecast To 2028” report at https://marketresearch.biz/report/identity-and-access-management-iam-market/
Global Identity and Access Management Market: Market Dynamics
Shift towards incorporating cloud computing for day-to-day activities by small, medium, and large enterprises is resulting into rising collection volumes of electronically stored information (ESI), which needs to be protected. In addition, increasingly stringent government regulations for organizations regarding storage of respective ESI in an organized manner is expected to further lead to high demand for identity and management solutions over the forecast period.
Identity and access management solutions help in systematic management of data, protect enterprise data from social engineering attacks or effective attack vector, which is a type of remote access hacking. Moreover, risks of cloud computing and mobile devices are that these technologies spread data across a much broader area and increase the challenge of protecting access to an organization’s information, and identity and access management solutions help in protecting such data.
These features are expected to result in high adoption of identity and access management solutions and services, thereby driving growth of the target market over the forecast period.
However, open-source IAM solutions are cost-effective; however, these could pose potential threat to on premise and cloud-based data, which is expected to hamper growth of the market to a certain extent.
Bring your own device trend is rapidly gaining popularity and traction in companies across the globe. Employees are allowed to bring personally-owned mobile phones to the workplace, and the trend has been catching on rapidly since the advent of smartphones and tablets. Employees are allowed to store work-related or sensitive data and check official e-mails and access company information while away from office or workplace. In order to ensure safety of company data that has been stored or downloaded on such devices in the event of technical damage, virus attack, lost or stolen device, etc. these devices and data need to be secured on high priority. Here, identity and access management solutions for blocking access to the devices, and data back-up or erasure among others can be an ideal solution.
Global Identity and Access Management Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global identity and access management market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global identity and access management market is expected to register a CAGR of 12.6% during the forecast period.
Global Identity and Access Management Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region. The type segments include public cloud, private cloud, and hybrid cloud. The application segments include BFSI, IT & Telecommunication, healthcare, media & entertainment, education, Transportation & Logistics, Energy & Utility, Retail, Others. The regions include North America, Europe, China, Japan, India, South America, Middle East & Africa, Rest of the World.
By Type: The public cloud segment is expected to register highest CAGR of over 12.8% over the forecast period in the global market
By Application: The BFSI segment is expected to register highest CAGR of over 13.8% over the next 10 years
By Region: The market in China is expected to register highest CAGR of over 14.2% in the global clinical trials market
Global Identity and Access Management Market: Competitive Analysis
The research report on the global identity and access management market includes profiles of some of the major companies such Broadcom Inc. (CA Technology, Inc./CA, Inc.), International Business Machines Corporation, Microsoft Corporation, Ping Identity Corporation, Salesforce.com, Inc., Bitium, Inc., Centrify Corporation, Exostar LLC, Google LLC, Fischer International Systems Corporation, ForgeRock, Ilantus Technologies, iWelcome B.V., Okta Inc. , OneLogin, Inc., SailPoint Technologies Holdings, Inc. , Keeper Security, Inc., and Oracle Corporation.
The Global Identity and Access Management Market: Industry, Size, Share, Growth, Trends, and Forecast, 2018–2027 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global Interventional Cardiology Devices Market for 2017–2027.
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