Identity and Access Management Network Market Overview:
An Identity and Access Management (IAM) system simplifies the management of electronic identities for businesses by serving as a framework. Using the technology, user identities and permissions can be captured, recorded, managed, and initiated in an automated manner. Customers possess benefits including enhanced security profiles, easy access, increased productivity, improved user experience, and decreased overall IT costs with an identity and access management system. On-premises, cloud, and hybrid IAM platforms are designed to ensure that the right individuals and roles have access to the right data at the right time. As a result of GDPR, the term customer identity and access management (CIAM) has been coined. IT managers are able to control access to critical information within their organizations once an IAM framework is implemented. In the area of identity and access management, single sign-on systems, two-factor authentication, multifactor authentication, and privileged access management are used. It is possible to automate the process of initiating, capturing, recording, and managing user identities and their related access permissions with IAM technologies. Data governance functions ensure that only important and relevant information is shared with these technologies, as well as being able to securely manage identity and profile data. One of the primary goals of the IAM systems is to provide each person with their own digital identity. Every consumer should be able to maintain, update, and track their digital identity throughout their service life cycle. Government bodies and large-scale enterprises are expected to increase their spending on security solutions in order to reduce identity theft and ensure regulatory compliance, contributing to the growth.
The communications industry is growing at an exponential rate owing to the technological advancements in recent years and with the advent of 5G wireless network technology, this industry is bound to showcase exceptional growth numbers over the next few years. Key players of the smartphone industry have initiated the manufacturing and distribution of 5G -enabled smartphones in developed nations and these devices shall soon be regularised across the world. Furthermore, technologies like artificial intelligence and machine learning have paved way for the development of autonomous vehicles and with governments across the world taking initiatives in building an infrastructure compatible with these vehicles, it is predicted to grow with a remarkable rate in the upcoming years. Entertainment and recreational industries like gaming are exponentially proliferating with the introduction of augmented reality (AR) and virtual reality (VR) thus improving the overall gaming experience. The gaming industry is gaining huge popularity across the globe owing to the organization of international tournaments with bigger prize pools thus helping technologies like AR and VR reach in every single corner of the world.
The assessment of Identity and Access Management Network Market is performed taking various factors in consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial and opportunity analysis of market players. The Identity and Access Management Network Market is also analysed based on the regional segmentation, product or technique, end user spectrum, etc. This research will be conducted with the implementation of latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Identity and Access Management Network Market:
• Microsoft
• IBM
• Oracle
• Broadcom
• Salesforce
• Ping Identity
• Okta
• Hid Global
• Forgerock
• Cyberark
• RSA Security
• Avatier
• Manageengine
• Secureauth
• Empowerid
• SAP
• Simeio
• One Identity
• Fusionauth
• Auth0
(Note: The list of the major players will be updated with the latest market scenario and trends)
Identity and Access Management Network Market Segmentation:
By Type
• Workforce IAM
• Consumer IAM
• IoT IAM
By Component
• Solutions
• Services
By Solution
• Data Directory
• Identity Lifecycle Management
o Provisioning
o De-provisioning
• Authentication
o Single Factor Authentication
o Two Factor Authentication
o Multi Factor Authentication
• Verification
• Password Management
o Self-service Password Reset
o Password Reset
o Password Synchronization
• Access Management And Authorization
• Audit, Compliance, And Governance
By Service
• Integration And Deployment
• Support And Maintenance
• Consulting
By Deployment Mode
• Cloud
• On-premises
By Organization Size
• Small And Medium-sized Enterprises
• Large Enterprises
By Vertical
• Banking, Financial Services, And Insurance
• Travel And Hospitality
• Healthcare
• Retail And Ecommerce
• Information Technology And Information Technology-enabled Services
• Education
• Other Verticals
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Identity and Access Management Network Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the Identity and Access Management Network Market by type, by component, by solution, by service, by deployment mode, by organization size, by vertical and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, Telecom Operators expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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