80 likes | 201 Views
Asia-Pacific cloud IAM market report is estimated to generate revenue of $574 million by 2020.
E N D
Asia-Pacific Cloud Identity and Access Management Market Opportunities and Forecasts, 2014- 2020
Asia-Pacific Cloud IAM Market Overview • Cloud Identity Access Management is one of the evolving cloud services in cloud security market, exhibiting consistent growth in developed Asia Pacific countries over the years. • Identity and access management (IAM) is a security framework, ensuring secure access to end users across multiple applications such as IT & telecom, BFSI and many others. • Increase in the number of cyber-attacks, growing adoption of cloud services coupled with the increasing adoption of BYOD policies, and the stringent government compliances with respect to data security, are the key factors driving cloud IAM services market in the region. • Japan was the highest revenue generating country in 2014, followed by Australia and Singapore.
Asia-Pacific Cloud IAM Industry Verticals • By services, user provisioning service is the largest revenue generating segment in Asia-Pacific cloud IAM market, accounting for nearly 42.17% of the total market revenue in 2014. • Among key industry verticals, IT & telecom was the largest contributor in 2014, accounting for 22.89% share in the overall market revenue. • Stringent government regulations and security standards coupled with increasing usage of BYOD, are some of the key factors fostering the adoption of IAM services in IT & telecom sector in Asia-Pacific. • "Private cloud led the overall Asia-Pacific cloud IAM market by deployment type constituting for around 43.81% share in 2014. However, hybrid cloud is expected to witness the highest CAGR of 33.2%, during the forecast period as it enables the users to manage IAM services in-house as well as on cloud." states Rachna Singh, Research Analyst, ICT & Media Research at AMR.
Asia-Pacific Cloud IAM Industry Verticals • Asia-Pacific cloud IAM market is analyzed across different countries such as Japan, Australia, Singapore, South Korea, China and Rest of Asia-Pacific. • At present, Japan dominates Asia-Pacific cloud IAM market, followed by Australia and Singapore. • Japan is expected to maintain its dominance throughout the forecast period, i.e., (2015-2020). • The growth of cloud IAM services in Japan is supplemented by development in enterprise cloud IT infrastructure and wide adoption of cloud by SMEs in the country. • China is expected to exhibit the fastest growth, registering a CAGR of 33.5%, during the forecast period.
Asia-Pacific Cloud IAM Market Key Findings • User provisioning service would dominate the overall Asia -Pacific cloud IAM service segment over the analysis period • Japan leads the Asia-Pacific cloud IAM market, accounting for nearly 32.45% of the total market in terms of revenue in 2014 • China would witness an impressive growth during the same period owing to the growing adoption of cloud in SMEs and increasing government investment in cloud IT infrastructure • Multi factor authentication is expected to grow at the highest CAGR of 35% from 2015 to 2020, owing to burgeoning need for strong authentication • Key sectors such as IT & telecom and BFSI are expected to witness the highest adoption of cloud IAM services over the analysis period
Asia-Pacific Cloud IAM Market Key Players • Fujitsu • SailPoint Technologies, Inc. • EMC Corporation • CA Technologies • Oracle Corporation • Hewlett-Packard Company • Ping Identity Corporation • Dell, Inc. • Intel Corporation
Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/ Follow Us On