According the report, The rapid expansion of the IoT ecosystem
is one of the primary growth factors for the market. The increasing number of cyber-attacks and security breaches is driving the growth of the IoT IAM market
is also expected to contribute significantly to the IoT IAM market. Overall, applications of IoT IAM, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global IoT IAM market identified that the demand is rising in many different parts of the world as "Increasing the Demand from Various Industries
". Furthermore, some recent industry insights like "In October 2021- Device Authority, a global leader in identity and access management (IAM) for the Internet of Things (IoT), announces its latest major software release which includes KeyScaler Edge." is constantly making the industry dynamic. One of the challenges that industry facing is "Data leaks in the IoT space"
The Organization Size, such as Large Companies, is boosting the IoT IAM 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 Security Type, such as Cloud Security, is boosting the IoT IAM 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 Solution {Provisioning, Directory Services, Digital Certificate, Single Sign-On, Others}, is boosting the IoT IAM 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 Deployment Model, such as Cloud-Based, is boosting the IoT IAM 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 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 IoT IAM 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 IoT IAM market and other related sub-markets covered in the study.
o Key & emerging players in the IoT IAM 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 IoT IAM market size is calculated using market estimation process, the IoT IAM 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 IoT IAM market size has been validated using both top-down and bottom-up approaches.