Identity as a Service Market is expected to grow at a CAGR of 19.10% during the forecast period. Global Identity as a Service Market is expected to reach US $ 14.11 Bn by 2029.
Identity as a Service Market Overview
The report provided by Maximize Market Research offers clients an in-depth comprehension of the competitive landscape, serving as a strategic planning reference. The Identity as a Service Market overview encompasses comprehensive insights into the market size, trade data, key players, and diverse market metrics including life cycle and trends.
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Identity as a Service Market Report Scope and Research Methodology
The report delivers a comprehensive global analysis of the Identity as a Service Market, encompassing trends, forecasts, and monetary values. It provides a detailed scrutiny of segments and sub-segments, adopting a bottom-up approach to ensure precise market sizing. Key market players and newcomers are thoroughly covered, encompassing services, revenue, financial status, portfolios, growth strategies, and regional presence. Market size, growth projections, and current/future trends are highlighted. Moreover, the report conducts an in-depth examination of demand projections, market trends, and micro/macro factors, utilizing qualitative and quantitative methodologies, including SWOT, PESTLE, and Porter’s Five Forces analyses. It offers insights into influential upcoming developments affecting Identity as a Service Market demand in the foreseeable future.
Identity as a Service Market Dynamics
During the forecast period of 2022-2029, a growth in consumer demand for cloud security solutions is the primary factor driving the global market. An infrastructure called identity and access management-as-a-service enables cloud service providers to offer identity and access management in a public cloud. IDaaS is suitable for organisations and industries since it offers cloud capabilities like portability and pay-per-use service. As there is a sharp increase in the number of digital workers, organisations and industry participants are becoming increasingly aware of the need of digital identity management. The risk to organisations is increased by the ability of remote workers who are based outside of the corporate network to access various sets of business operations.
Identity as a Service Market Regional Insights
It offers a comprehensive examination of various factors, market size, growth rate, as well as import and export statistics within different regions. The Identity as a Service Market is categorized into several major regions, namely North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report delves into each of these regions to provide detailed insights and understanding of the Identity as a Service Market’s dynamics and performance in each geographical area.
Identity as a Service Market Segmentation
by Enterprise Size
Small & Medium Enterprises
by Access Type
Retail & Consumer Electronics
Transportation & Logistics
Media & Entertainment
IT & Telecommunication
Energy & Utility
The market is divided into single sign-on, multi-factor authentication, compliance management, directory services, and others depending on the type of access. Due to the increased demand for stronger levels of authentication to access remote numerous applications and resources, the multi-factor authentication category is anticipated to hold the largest share of the market over the forecast period. In addition, over the course of the projected year, compliance management is also anticipated to grow significantly. In industries where data security and compliance management are essential, such as retail and consumer electronics, government, and energy and utilities, identity-as-a-service solutions continuously present opportunities.
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Identity as a Service Market Key Players
- CA Technologies
2. Centrify Corporation
3. ILANTUS Technologies
6. Okta, Inc.
7. OneLogin Inc.
11. Oracle Corporation
13. IBM Corporation
14. Ping Identity Corporation
15. Centrify Corporation
17. Google LLC
18. Fischer International Identity
19. SailPoint Technologies
20. IDaptive, LLC
Key questions answered in the Identity as a Service Market are:
- What is Identity as a Service Market?
- What was the Identity as a Service Market size in 2022?
- What is the growth rate of the Identity as a Service Market?
- Which are the factors expected to drive the Identity as a Service Market growth?
- What are the different segments of the Identity as a Service Market?
- What are the factors restraining the growth of the Identity as a Service Market?
- What is the demand pattern of the Identity as a Service Market?
- What major challenges could the Identity as a Service Market face in the future?
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
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