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The personal identity management market is projected to grow at significant rate during the forecast period, owing to the development of manufacturing and energy industries. Moreover, it is expected to have high demand for the personal identity management solutions from the emerging economies such as Africa, Brazil, Iran, and Saudi Arabia.
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Opportunity Analysis and Industry Forecast, 2016-2023 Personal Identity Management Market Global Opportunity Analysis and Industry Forecast, 2014-2022
Introduction • Personal Identity Management Market is expected to reach $23,039 million by 2022, supported by a CAGR of 16.7%. • Personal identity management solutions are applicable for securing and maintaining customer profile database, authentication while accessing services of a company by customers, and others. • The global personal identity management industry has witnessed rapid growth in the recent years, owing to rise in the utilization of mobile devices including smartphones, laptops, and tablets. In addition, data security initiatives taken by governments across the world and increasing cyber threats the contribute to the market growth. • Asia-Pacific is expected to generate the maximum revenue globally.
Key Factors of the Market • Growing utilization of mobile devices • Stringent Regulation • Increasing Cyber threats • Complex and Time Consuming Security Procedures • Increasing IoT Trends • Growing Demand from various Industry verticles
Personal Identity Management Market Get PDF Brochure of this Market study @ https://www.alliedmarketresearch.com/personal-identity-management-market
Market Overview • Personal identity management systems store customer profile data and enable organizations in marketing their products and services and also provide a secure, unified, and enhanced customer experience. • Upsurge in IoT (Internet of Things) trends among organizations and growing demand from various industry verticals such as education, public sector, media & entertainment, and healthcare are expected to create numerous opportunities for the market during the forecast period. • Technological advancements, including automated meter infrastructure, cloud computing, modern electric meters, and real-time data access facility to customers, drive growth of the personal identity management market in energy and utility sector. • Asia-Pacific region is expected to provide numerous growth opportunities.
Key Benefits • Key Findings of the Personal Identity Management Market: • In 2015, the BFSI segment dominated the overall personal identity management industry, in terms of revenue, and is projected to grow at a CAGR of 17.3% during the forecast period. • Retail & consumer goods industry segment is projected to grow at a CAGR of 19.3%. • Access control application segment is projected to show highest growth rate, in terms of revenue, in the study period. • The cloud deployment segment is anticipated to grow at a CAGR of 17.8%. • In 2015, the behavioral data type segment generated the highest revenue. • In 2015, North America dominated the global market.
Key Players of the Market Key Market Players Profiled in the Report IBM Corporation, VMware, Inc., CA Technologies, Microsoft Corporation, Oracle Corporation, OneLoginInc., Centrify Corporation, Okta Inc., Experian Inc., Kaspersky Lab Get more information about this market study @ https://www.alliedmarketresearch.com/purchase-enquiry/1932
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