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Identity and Access Management (IAM) Market size likely to exceed revenue of USD 26 billion, at 15% CAGR from 2015 to 20

Identity & Access Management (IAM) market size is estimated to reach USD 26.74 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing need for advanced network capabilities accompanied by cloud-native architecture is likely to propel the industry demand over the few coming years. Surging implementation of this scheme by large and medium scale organizations as well as government agencies is predicted to boost Identity & Access Management (IAM) market growth from 2015 to 2022.

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Identity and Access Management (IAM) Market size likely to exceed revenue of USD 26 billion, at 15% CAGR from 2015 to 20

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  1. Identity and Access Management (IAM) Market size Of 15% CAGR from 2015 to 2022 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Identity and Access Management (IAM) Market : • Asia Pacific IAM market size is predicted to reach USD 6.8 billion by 2022. Increasing application of these solutions coupled with surging cyber threats on critical infrastructure is likely to drive the industry across the region over the coming years. North America IAM market share accounted for over 35% of the global revenue in 2014 and is predicted to experience moderate growth.  • Cloud IAM market share in estimated to grow at a CAGR of over 20% from 2015 to 2022. Numerous benefits offered by cloud service include less cost involvement, no hardware or software deployment and offers simplified management. On-premise deployment is anticipated to use traditional in-house data centers for controlling security patches as well as offer software updates. 

  3. Continued... • Surging demand in BFSI applications owing to high security offered is anticipated to propel the IAM market growth from 2015 to 2022. Education sector is projected to experience significant growth. Growing demand for various services make it crucial for institutions to ensure that digital transactions are secure. IAM offers confidentiality by establishing a secure process for user identification and set protocols for controlling online access to resources. • Key industry participants accumulating major IAM market share include OneLogin, CA Technologies, Centrify, Amazon Web services, Oracle, ForgeRock Inc,

  4. UK identity and access management market share by deployment, 2012 – 2022 (USD Million)

  5. Browse Full Market Research Report On Identity and Access Management (IAM) Market @ https://www.gminsights.com/industry-analysis/identity-and-access-management-market Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/176

  6. 360° Analysis • Application Analysis • Increasing adoption of these systems by government agencies as well as large and medium scale organizations is expected to positively impact IAM market size. • Regional Analysis • U.S. IAM market size is expected to continue accounting for majority of the global revenue over the next few years. Surging demand for intensive R&D has led to the development of sophisticated high-end products, which are delivered for ease-of-use and to provide control to meet process requirements. • Asia Pacific IAM market share is predicted to witness high growth due to surging deployment of IAM solutions along with rising cyber threats on critical infrastructure. • Competitive Market Share • Major industry players dominating IAM market share include CA Technologies, Amazon Web Services, OneLogin, Oracle, Centrify, Net IQ, Dell Software, ForgeRock Inc, HID Global Corporation, HP, IBM, and EMC Corporation. • Key strategies implemented by industry players to connect with cloud-based environment include scalability, enhancing security of critical data, ease of mobility, and smooth authentication & authorization.

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