Cloud Identity And Access Management Market Scope
The Cloud Identity and Access Management market comprises of cloud-based identity and access management solutions that are deployed on the cloud and used for preventing identity threats in an enterprise. Also, it comprises organizational policies for managing digital identity and supporting technologies required for identity and access management. Within these policies, all users are authorized, authenticated, and evaluated. The IAM Cloud platform enhances the speed and success of IT deployment, increases security, enhances business continuity, reduces cost and complexity, and helps organizations to become more alert and responsive to change. Most of the cloud advanced organizations in the world are from the North American region especially from the United States, along with the high number of startups. It is also reported by the ITU (International Telecommunication Union) that the North American region is very pro-active and committed toward cybersecurity. BFSI sector has seen major adoption of cloud-based IAM in the region and it may continue to rise, as credit card frauds and breaches accounted for a major share in the total number of identity thefts, as reported by the United States consumer sentinel network.
The Cloud Identity And Access Management market study is segmented and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Identity And Access Management market throughout the predicted period.
IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Okta Inc. (United States), Cyberark Software Ltd. (United States), CA Technologies (United States), Centrify Corporation (United States), Sailpoint Technologies Holdings Inc. (United States), Auth0 Inc. (United States) and Dell Technologies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are EMC Corporation (United States), Intel Corporation (United States), Sail Point Technologies (United States), Ping Identity (United States) and RSA Security LLC (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cloud Identity And Access Management market by Type, Application and Region.
On the basis of geography, the market of Cloud Identity And Access Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2015, EMC Corporation had acquired Virtustream, which is a cloud computing management software provider, for managing its cloud service business and to enhance its hybrid cloud product portfolio.
In July 2020, Microsoft partnered with Citrix to provide joint services and tools for the simplification and transition of on-premise Citrix customers to Microsoft Azure.
In the United States, the United States Congress has made information more transparent and secure after the Cyber Security Act of 2012. A number of governments have started improving the complex infrastructure to increase user-friendliness, minimize operational time, and enhances security.
Market Trend
- Single Sign-on (SSO) and Federated Provisioning
Market Drivers
- Rising Adoption of Cloud-Based Platforms for Software Development across Applications
- Growing Demand for Distributed Software Applications across Industries
- Increasing Need for IAM for IoT
Opportunities
- Robust Demand for Cloud Security in the Windows, Android, iOS Platform Devices
- The Poliferation of Cloud-Based IAM Solutions and Services
Restraints
- Lack of Identity Standards and Budgetary Constraints in Deploying IAM Solutions
Challenges
- Lack of Reliability and Data Privacy of the Service Provider
- Difficulties in Addressing the Complexity of Advanced Threats
Key Target Audience
Cloud Identity and Access Management Service Providers, Key Consulting Companies & Advisors, Value-Added Resellers (VARs), Third-party knowledge providers, Investors and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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