Over the past few year, factors such as Increased Security Concerns Both in the Public and Private Sector Enhanced the Demand for Cloud-Based Security Solutions and Services have contributed to the development of the Global Identity as a Service market.

Undoubtedly, Obligations to Follow Regulatory Mandates and Data Protection Laws is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Identity as a Service market is expected to make a significant contribution growing at a CAGR of 20.3%.

AMA research has engaged in the competitive assessment of China & Global Identity as a Service Players for 5 years. “The Top 10 Competitive Players in the Identity as a Service in 2023” clearly displays the competitive situations of main Identity as a Service Playersin 2023. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.

The Deployment Mode, such as Public cloud, is boosting the Identity as a Service 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 Organization Size, such as Small and Medium-Sized Enterprises (SMEs), is boosting the Identity as a Service 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 Banking, Financial Services, and Insurance (BFSI), is boosting the Identity as a Service 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 Component, such as Provisioning, is boosting the Identity as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

With the multiple advantages of technology, cost and service, many major Players such as Okta, Inc. (United States), IDaptive, LLC (United States), Ping Identity (United States), OneLogin (United States), CA Technologies (United States), SailPoint Technologies (United States), Microsoft Corporation (United States), Oracle Corporation (United States), IBM Corporation (United States), Google (United States) and Salesforce (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Identity as a Service industry. It is understood that currently domestic Identity as a Service players has been massively used by players in North America.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Players wants to expand into other areas of the market value chain fundamentally determines its strategy.

Stringent global regulations and compliance pertaining to identity theft, such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), are forcing the organizations to take extra measures in protecting user accounts of the internal workforce, contractors, and end-users

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 Identity as a Service 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

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.

Data Triangulation
The overall Identity as a Service market size is calculated using market estimation process, the Identity as a Service 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 Global Identity as a Service market size has been validated using both top-down and bottom-up approaches.