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Global  IoT Identity Access  Management Market

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IoT identity access management is referred to as an IT security solution to assess the identities of IoT tools deployed across organizations. It ensures that the employees inside a firm get hold of the right devices to tools to do their jobs. Moreover, it also facilitates the efficient management of employee apps without the risks of data breaching.

Global IoT Identity Access Management (IAM) Market- Overview

The Global IoT Identity Access Management (IAM) market size is presently valued at USD 13.4 Billion and is poised to reach a valuation of USD 25.6 Billion by 2030, amplifying at a CAGR of 13.7%.  The increasing occurrence of data breaches across organizations, rising cognizance regarding compliance management, and technological innovations in the field are primarily boosting the industry growth.

Attribute Key Insights
Estimated Market Value (2021) 13.4 USD Billion
Forecasted Market Value (2032) 25.6 USD Billion
CAGR % 2023-2028 13.7%`
Leading Region North America

 

Furthermore, surging cybersecurity expenditure in numerous nations, rising internet penetration, and growing deployment of IAM services across various end-use sectors are positive swaying the industry dynamics. Also, integration of artificial intelligence and block chain into IAM solutions is creating lucrative opportunities for the marketplace to prosper. On the contrary, dearth of skilled professionals in the field and prevalence of data breach risk pertaining to the use of IAM solutions are impeding the remuneration scope of this business sphere.

Global IoT Identity Access Management (IAM) Market-Key trends

Growing instances of data breaches to aid the market expansion

With the advent of innovative technologies and digital evolution, there has a steep rise in the instances of data breaches and other forms of cyberattacks.  The ability of IAM solutions to identify unauthorized penetration into any digital application or software is increasing its deployment across sectors such as finance, BFSI, automotive, and retail, among others.

Surging awareness about regulatory compliance to augment the industry outlook

There has been a rising cognizance regarding regulatory compliance for the identification of fraudulent activities in firms. The rapid deployment of IAM solutions by companies to mitigate cyberattacks and enhance data privacy and security is stimulating the overall market dynamics.

Global IoT Identity Access Management (IAM) Market—Segmental Analysis

 

By Service

  • Password management
  • Access management user provisioning
  • Multi-factor authentication
  • Directory services
  • Single-sign-on (SSO)

The access management user provisioning segment is slated to amass notable gains over the stipulated timeline ascribing to its vast array of benefits.

By Size of Enterprise

  • Small and Mid-sized enterprises
  • Large enterprises

The large enterprises segment is poised to garner significant returns over 2022-2030 owing to the growing investments of these enterprises towards the integration of advanced security solutions.

By Deployment

  • On-premise
  • On-cloud

The on-cloud segment is expected to amplify substantially over the estimated timeline due to the widespread adoption of cloud based IAM solutions by SMEs.

By Application

  • Education
  • IT & Telecommunication
  • Retail, Media & entertainment
  • Government
  • Others

The IT & Telecommunication segment is likely to develop with a high CAGR over the analysis timeline owing to the growing instances of cyberattacks.

Global IoT Identity Access Management (IAM) Market-Geographical landscape

North America, Middle East & Africa, Latin America, Europe, and Asia Pacific are the major regions defining the geographical ambit of this industry sphere. Among these, North America is poised to capture a high market share. This is attributable to the rising incidences of data breaching, growing trend of remote work, and the presence of noteworthy market players.

Global IoT Identity Access Management (IAM) Market-Competitive hierarchy

The prominent companies operating in the market sphere are Microsoft Corporation, Amazon Web Services, LogMeIn, Inc., Intel Security Group, Oracle Corporation, Siemens AG, CA Technologies, Cloud Security Alliance, Arcon Tech Solutions, EMC Corporation, Hitachi Ltd., Schlumberger Limited, Kappa Engineering, General Electric Company, and IBM Corporation.

Notably, in March 2022, Microsoft Corporation announced the acquisition of Nuance to strengthen is IAM solution offerings.

 

Report scope

  • Global IoT Identity Access Management (IAM) Market- Historical Years- 2018-2021
  • Global IoT Identity Access Management (IAM) Market- Forecast Years- 2023-2030
  • Global IoT Identity Access Management (IAM) Market 2022- USD 13.4 Billion
  • Global IoT Identity Access Management (IAM) projected Market 2030- USD 25.6 Billion
  • Global IoT Identity Access Management (IAM) Market CAGR- 13.7%
  • Key segments reported- Service, size of enterprise, deployment, and applications

 

Major regions and countries covered

  • North America- U.S. and Canada
  • Europe (U.K., France, Italy, Spain, and Russia)
  • Latin America (Mexico and Brazil)
  • Asia Pacific (China, India, Japan, Australia, and South Korea)
  • Middle East & Africa (GCC, South Africa, and Egypt)

Key players profiled- Microsoft Corporation, Amazon Web Services, LogMeIn, Inc., Intel Security Group, Oracle Corporation, Siemens AG, CA Technologies, Cloud Security Alliance, Arcon Tech Solutions, EMC Corporation, Hitachi Ltd., Schlumberger Limited, Kappa Engineering, General Electric Company, and IBM Corporation

ToC

  1. Global IoT Identity and Access Management Market Introduction and Market Overview
    • Objectives of the Study
    • Global IoT Identity and Access Management Market Scope and Market Estimation
      • Global IoT Identity and Access Management Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2019-2032)
      • Global IoT Identity and Access Management Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2032
    • Market Segmentation
      • Service Type of Global IoT Identity and Access Management Market
      • Application of Global IoT Identity and Access Management Market
      • Deployment of Global IoT Identity and Access Management Market
      • Enterprise Size of Global IoT Identity and Access Management Market
      • Region of Global IoT Identity and Access Management Market
  1. Executive Summary
  2. Market Factor Analysis
    • Global IoT Identity and Access Management Market Industry Trends under COVID-19 Outbreak
      • Global COVID-19 Status Overview
      • Influence of COVID-19 Outbreak on Global IoT Identity and Access Management Market Industry Development
    • Market Dynamics, By Region
      • Drivers
      • Limitations
      • Opportunities
      • Impact Analysis of Drivers and Restraints
    • Global IoT Identity and Access Management Market – Pricing Trends Analysis & Average Selling Prices (ASPs)
    • End-User / Customer Preferences & Consumer Surveys
    • Technology Roadmap & Key Innovations /Developments
    • Key Mandates & Regulatory Scenario Analysis
    • Patents Landscape
    • Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
    • Porter’s Five Forces Analysis
      • Bargaining Power of Suppliers
      • Bargaining Power of Buyers
      • Threat of Substitutes
      • Threat of New Entrants
      • Competitive Rivalry
    • PEST Analysis
      • Political Factors
      • Economic Factors
      • Social Factors
      • Technological Factors
    • SWOT Analysis
    • ANSOFF Matrix
      • Market Penetration Strategy
      • Product Development Strategy
      • Market Development Strategy
      • Diversification Strategy
    • Market Investment Feasibility Analysis
    • Opportunity Map Analysis
    • Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
  3. Global IoT Identity and Access Management Market Estimates & Historical Trend Analysis (2019 – 2022)
  4. Global IoT Identity and Access Management Market Estimates & Forecast Trend Analysis, by Service Type
    • Global IoT Identity and Access Management Market Revenue (US$ Mn) Estimates and Forecasts, by Service Type, 2019 to 2032
      • Password management
      • Access management user provisioning
      • Multi-factor authentication
      • Directory services
      • Single-sign-on (SSO)
  1. Global IoT Identity and Access Management Market Estimates & Forecast Trend Analysis, by Deployment
    • Global IoT Identity and Access Management Market Revenue (US$ Mn) Estimates and Forecasts, by Deployment, 2019 to 2032
      • On-premise
      • Cloud
  1. Global IoT Identity and Access Management Market Estimates & Forecast Trend Analysis, by Enterprise Size
    • Global IoT Identity and Access Management Market Revenue (US$ Mn) Estimates and Forecasts, by Enterprise Size, 2019 to 2032
      • SME
      • Large Enterprise
  1. Global IoT Identity and Access Management Market Estimates & Forecast Trend Analysis, by Application
    • Global IoT Identity and Access Management Market Revenue (US$ Mn) Estimates and Forecasts, by Enterprise Size, 2019 to 2032
      • Education
      • IT & Telecommunication
      • Retail, Media & entertainment
      • Government
      • Others
  1. Global IoT Identity and Access Management Market Estimates & Forecast Trend Analysis, by Region
    • Global IoT Identity and Access Management Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. North America IoT Identity and Access Management Market: Estimates & Forecast Trend Analysis
    • North America IoT Identity and Access Management Market Assessments & Key Findings
      • IoT Identity and Access Management Market Introduction
      • IoT Identity and Access Management Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Service Type
        • By Deployment
        • By Enterprise Size
        • By Application
        • By Country
          • The U.S.
          • Canada
          • Mexico
  1. Europe IoT Identity and Access Management Market: Estimates & Forecast Trend Analysis
    • Europe IoT Identity and Access Management Market Assessments & Key Findings
      • IoT Identity and Access Management Market Introduction
      • IoT Identity and Access Management Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Service Type
        • By Deployment
        • By Enterprise Size
        • By Application
        • By Country
          • Germany
          • K.
          • France
          • Italy
          • Spain
          • Russia
          • Rest of Europe
  1. Asia Pacific IoT Identity and Access Management Market: Estimates & Forecast Trend Analysis
    • Asia Pacific Market Assessments & Key Findings
      • IoT Identity and Access Management Market Introduction
      • IoT Identity and Access Management Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Service Type
        • By Deployment
        • By Enterprise Size
        • By Application
        • By Country
          • China
          • Japan
          • India
          • Australia
          • South Korea
          • ASEAN
          • Rest of Asia Pacific
  1. Middle East & Africa IoT Identity and Access Management Market: Estimates & Forecast Trend Analysis
    • Middle East & Africa Market Assessments & Key Findings
      • IoT Identity and Access Management Market Introduction
      • IoT Identity and Access Management Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Service Type
        • By Deployment
        • By Enterprise Size
        • By Application
        • By Country
          • A.E.
          • Saudi Arabia
          • Egypt
          • South Africa
          • Rest of Middle East & Africa
  1. South America IoT Identity and Access Management Market: Estimates & Forecast Trend Analysis
    • South America Market Assessments & Key Findings
      • IoT Identity and Access Management Market Introduction
      • IoT Identity and Access Management Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Service Type
        • By Deployment
        • By Enterprise Size
        • By Application
        • By Country
          • Brazil
          • Argentina
          • Colombia
          • Rest of South America
  1. Competition Landscape
    • IoT Identity and Access Management Market Competition Index, By Leading Players
    • IoT Identity and Access Management Market Competition White Space Analysis, By Application / End-user
    • IoT Identity and Access Management Market Competition Heat Map Analysis, By Products / Services / Solutions
    • IoT Identity and Access Management Market Competition Regional Intensity Map Analysis, By Geographies Served
    • IoT Identity and Access Management Market Concentration & Company Market Shares (%) Analysis, 2022
    • IoT Identity and Access Management Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
  2. Company Profiles
    • Hitachi Ltd. (Japan)
      • Company Overview & Key Stats
      • Financial Performance & KPIs
      • Product / Service / Solutions Portfolio & Applications / End-uses
      • Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

  • EMC Corporation (U.S.)
  • ARCON Tech Solutions (India)
  • Cloud Security Alliance (U.S.)
  • CA Technologies (U.S.)
  • IBM Corporation (U.S.)
  • Microsoft Corporation (U.S.)
  • Intel Security Group (U.S.)
  • Siemens AG (Germany)
  • Oracle Corporation (U.S.)
  • Others
  1. Research Methodology
    • External Sources / Databases
    • Internal Proprietary Database
    • Primary Research
    • Secondary Research
    • Assumptions
    • Limitations
    • Report FAQs
  2. Research Findings & Conclusion

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