FISMA (Federal Information Security Management Act) is a U.S. legislation that explains a comprehensive structure to protect government operations, information, and assets to entertain the usage of these solutions.
According to the report, Increased Demand for Cloud-based Deployments is one of the primary growth factors for the market. Protection from Increasing Security Breaches and Unauthorized Access to Sensitive Data
is also expected to contribute significantly to the Personal Identity Management market. Overall, Access control
applications of Personal Identity Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Type, such as On-Premises, is boosting the Personal Identity Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as BFSI, is boosting the Personal Identity Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Service, such as Professional services {Training and education services, Consulting services, Support and maintenance services}, is boosting the Personal Identity Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Personal Identity Management market identified that the demand is rising in many different parts of the world as "Increasing Adoption of Cloud and Identity-As-A-Service
". Furthermore, some recent industry insights like "iN 2018, Okta, Inc., the leading independent provider of identity for the enterprise, and VMware, Inc., a leading innovator in enterprise software, announced a partnership and integration between VMware Workspace ONE and the Okta Identity Cloud, intending to enable customers to easily and more securely move to the cloud, leverage existing technology investments and simplify IT management." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Personal Identity Management market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Personal Identity Management market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.