Market Dynamics

Market Research Future (MRFR) projects that the identity and access management (IAM) market 2020 could potentially touch a valuation of USD 24 billion by 2022-end. The market is also slated to progress at a rate of 16% between 2016 and 2022 (appraisal period). We will provide covid-19 impact analysis with the report.

Top Drivers and Key Challenges

Despite the COVID-19 crisis, the information and communication technology industry is presumed to observe unceasing growth in the face of economic turbulence. The COVID-19 analysis by MRFR confirms that the implementation of remote working policy amidst the lockdown can work in favor of remote networking technologies such as identity and access management. The long-term impact of COVID-19 has also been studied in the report which states that since the digital infrastructure is highly critical for business strategic planning, identity and access management can emerge as a competitive differentiator, fortifying their remote working strategies. Experts are constantly monitoring the market dynamics and we will provide COVID-19 impact analysis with the report, to offer actionable industry insights.

Over the years, the blockchain technology has managed to significantly penetrate the IAM field, creating a robust platform for preventing individual identities from getting stolen or being victims to fraudulent activities. Businesses are incorporating the technology into the IAM area to tackle issues pertaining to authorization and authentication. On the other hand, artificial intelligence or AI in identity management has transformed the security aspect of places, things and people. AI has facilitated the increase in the number of devices as well as systems that can now communicate with one another with no human intervention. In a nutshell, the mounting deployment of the latest technologies like Blockchain and AI can be deemed as some of the most important growth inducers in the identity and access management market.

Get a FREE Sample PDF@ https://www.marketresearchfuture.com/sample_request/2635

Key Players:

IBM (U.S.),Microsoft Inc. (U S.),Oracle Corporation (U.S.),Siemens AG(Germany),Dell Inc (U.S.),CA technologies

Identity and Access Management Market Segmentation

The IAM industry has been considered for deployment, organization, and verticals.

Deployment-based segments covered in the market study include on-cloud as well as on-premise. The on-cloud types of deployment segments are private, hybrid as well as public.

The organization size ranges included in the report are small medium enterprises along with large enterprises.

Vertical-dependent market segmentation comprises government, healthcare, manufacturing, banking, financial services and insurance (BFSI), IT Telecommunication, and more.

Buy Now report with Industry Analysis@  https://www.marketresearchfuture.com/checkout?currency=one_user-USDreport_id=2635

Regional Analysis

The North American region is marked to cover a large area of IAM market share. The vast development of technology and the presence of competitive market players have helped in developing the nations such as the regions of the United States and some of the Canadian region. Due to the identity and access management growth and the presence of BFSI, the European region is said to cover the second dominant IAM market share. Due to the rise in identity and access management market revenue of the Chinese and Indian region, you can mark that the Asia Pacific region is showing a rise in identity and access management market trends. China along with South Korea and the Taiwan region is the rest supporting regions that cover the IAM market share where the expansion of the market has been marked at a high rate.