About IAM Security Services
Identity and access management (IAM) security services enables management of electric or digital identities to protect the enterprise data. This computer security service allows right individuals to access the prescribed data thus, protecting data theft .
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 14.32% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global IAM Security Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM [United States], Oracle [United States], CA Technologies [United States], Microsoft [United States], Amazon Web Services [United States], Centrify [United States], Okta [United States], SailPoint Technologies [United States], HID Global [United States], NetIQ [United States] and Symantec [United States] are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are SAP [Germany], Janrain [United States], KPMG [Netherlands], Ping Identity [United States], ForgeRock [United States], LoginRadius [Canada], iWelcome [Netherlands], GlobalSign [United Kingdom], WidasConcepts [Germany], Simeio Solutions [United States], Ubisecure [Finland] and One Identity LLC [United States].
Segmentation Overview
AMA Research has segmented the market of Global IAM Security Services market by Type (Identity Cloud, Identity Governance, Access Management and Directory Services), Application (BFSI, IT & Telecom, Education, Healthcare, Retail, Energy and Manufacturing) and Region.
On the basis of geography, the market of IAM Security Services 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).
Influencing Trend:
Rising Cloud Based Integration Services and Rapid Adoption of Bring-Your-Own-Device (BYOD)
Market Growth Drivers:
Growing Security Concern Across Enterprises and Increasing Number of Cyber Data Breaches and Security Concern
Challenges:
Intricacy Involved in Integration Owing to Diversified IT System Environment and Troublesome in Effective Management of Distributed Workforce
Restraints:
Lack of Awareness About IAM Security Solutions and Budgetary Constraints in Deploying Consumer IAM Solutions by Small and Medium Enterprises
Opportunities:
Growing Adoption of Hybrid Cloud Model and Technical Advancement in IAM Solutions
Market Leaders and their expansionary development strategies
In January 2022, iC Consult Group, the leading global service and consulting company in the field of Identity & Access Management (IAM), announced today that it has completed the acquisition of SecureITsource, a North American provider of IAM services.
In December 2022, CloudIBN is proud to launched of its Identity and Access Management offerings. This suite of IAM products will help businesses ensure that their data remains secure, while also providing an efficient way to manage user access control across the organization.
Across industries, the need for compliance to data security is growing rapidly owing to stringent data protection laws such as GDPR by European Union and other data protection laws by respective countries. This in turn will strengthen the demand for IAM security solutions across the board.
Key Target Audience
Identity and Access Management Vendors, Cybersecurity Technology Vendors, IT Services Providers, Consulting Firms, System Integrators, Value-added Resellers, Managed Security Service Providers (MSSPs), Potential Technology Investors, Government Agencies, Research Institutes and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.