Identity And Access Management Market is expected to worth USD 24.55 billion by 2022. Growing demand for cloud architecture and improved network capabilities are anticipated to propel the demand across enterprises. These solutions are widely adopted by large and medium scale industries as well as by government agencies.
Companies functioning across
cloud platforms offer comprehensive on-demand development tools such as cloud
infrastructure and cloud database layer, which empower enterprise IT groups to
develop, test, and deliver customer demanded business applications without
investing in conventional system infrastructure.
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Market Synopsis of Identity And Access Management Market:
Over the past recent years, cloud
computing, mobile technology social networking, BYOD policies, and other IT and
consumer trends have transformed the threat environment. To survive and thrive
in this increasingly interconnected and virtual ecosystem, organizations must
recognize identity and access management as essential to the secure transfer of
information that lies at the heart of commerce. IAM involves trade-offs in
terms of cost, risk, convenience, and other user freedoms.
Insufficient identity assurance
for cloud application & services and lack of trust in cloud service
providers is anticipated to hamper the growth of the market. Major gap between
the cloud service providers and service consumer owing to lack of awareness
regarding cloud computing solutions is expected to cause vulnerability
concerns. However, the rise in global spending of large-scale organizations and
government on integrating the management of identities with security identity
services and solutions is anticipated to lessen the impact over the forecast
period. As identity and access management continues to progress over the
forecast period, enterprises are expected to look for larger and more
innovative solutions, which are adaptable to trends such as mobile and cloud
computing.
IAM services and solutions are
growing into a risk-based program, with their abilities focused on entitlement
management and enforcement of logical access control. Enterprises have started
attaining benefits from their prices, but face major challenges to manage
time-incentive practices such as manual provisioning and approval.
The market can be categorized by
deployment into on-premise, hybrid and cloud IAM. On-premise identity and
access management market accounted for a majority share in 2014 and is
anticipated to lose substantial share over the forecast period. On-premise
infrastructure uses conventional in-house data centers that entirely controls
software updates and security patches. However, security breaches owing to
unauthorized physical access cannot be spotted by this technology.
Alternatively, cloud hosting companies safeguard customers and alert them instantly
which would positively favor demand for hybrid and cloud solutions.
Applications sectors in the IAM market include oil &gas, telecom & IT,
public sector, utilities, BFSI, energy healthcare, and manufacturing. BFSI
sector companies have to adopt cyber security solutions to monitor, detect,
report, and counter the cyber threats for keeping the privacy of information
and to increase productivity.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Identity And Access
Management: Market Variables, Trends & Scope
Chapter 4 Identity And Access
Management: Product Estimates & Trend Analysis
Chapter 5 Identity And Access
Management: Application Estimates & Trend Analysis
Chapter 6 Identity And Access
Management: End-use Estimates & Trend Analysis
Chapter 7 Identity And Access
Management: Industrial End-use Estimates & Trend Analysis
Chapter 8 Identity And Access
Management: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Identity And Access
Management: Manufacturers Company Profiles
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