Market Overview:
The global identity management solutions market is expected to grow from USD 9.02 billion in 2018 to USD 17.01 billion by 2030, at a CAGR of 8.8% during the forecast period. The growth of the market can be attributed to the increasing need for secure and efficient identity management solutions across various industries and regions. The cloud-based identity management solutions segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period.
Product Definition:
Identity management solutions are used to manage the digital identities of individuals and organizations. They allow users to control which information is shared with which parties, and they can also be used to authenticate users before granting them access to resources. Identity management solutions are important because they help organizations protect their data and keep track of who is accessing their systems.
Cloud:
Cloud is a shared pool of internet-based resources. It's an on-demand service that enables users to store and share data through remote servers. Cloud computing offers benefits such as increased efficiency, flexibility, and cost effectiveness which in turn helps organizations increase their revenues. The major factor driving the cloud identity management solutions market growth is increasing adoption of cloud services by small & medium enterprises owing to its cost effective nature along with enhanced security & privacy offered by it compared to traditional on premise solutions.
On-Premises:
On-premises is a term used for software and hardware installation at the organization's premise, in other words, at the client’s site. On-premise solutions are deployed manually by IT professionals and they have complete control over them. These solutions require high maintenance as compared to cloud based ones.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest market share in 2017. The BFSI sector is anticipated to be one of the prominent adopters of global identity management solutions as they offer several benefits such as authentication, authorization and governance for online transactions. Moreover, increasing cyberattacks and data breaches are driving the need to adopt robust security measures that can protect customer data from being misused or stolen. This has led to an increased focus on identity management within this industry.
The education segment is expected to register a significant CAGR over the forecast period owing to rising concerns regarding student safety coupled with growing adoption of digital technologies across schools and colleges worldwide.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the region can be attributed to a large number of cloud adoption in U.S. and Canada, which has led to an increased demand for international data protection solutions as well as mobility across networks and countries.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to several factors such increasing internet penetration rates coupled with growing smartphone proliferation rates have created a huge opportunity for digital services delivery thereby driving customer awareness levels towards online shopping.
Growth Factors:
- Increasing demand for secure authentication and authorization mechanisms across different industry verticals.
- Proliferation of Bring Your Own Device (BYOD) and cloud-based applications, which has led to the need for strong identity management solutions.
- The increasing number of data breaches and cyber-attacks, which is motivating organizations to deploy robust identity management solutions for data security purposes.
- The growing trend of digitalization among businesses, which is resulting in the generation of large volumes of sensitive data that needs to be securely managed and monitored.
- The increasing demand for compliance with government regulations such as GDPR (General Data Protection Regulation), HIPAA (Health Insurance Portability and Accountability Act), etc., which are mandating the adoption of strong identity management solutions by organizations
Scope Of The Report
Report Attributes
Report Details
Report Title
Identity Management Solutions Market Research Report
By Type
Cloud, On-Premises
By Application
BFSI (Banking, Finance, Services and Insurance), Education, Energy & Utility, Healthcare and Life Sciences, IT & Telecommunication, Manufacturing, Media & Entertainment, Public Sector and Utilities, Retail
By Companies
Amazon Web Services, Broadcom, Centrify Corporation, Dell, ForgeRock, Hewlett Packard, HID Global Corporation, Hitachi Id Systems, IBM, Intel, McAfee, Microsoft, NetIQ Corporation, Okta, OneLogin, Open IAM, Oracle Corporation, Sailpoint Technologies, SecurIT, Siemens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Identity Management Solutions Market Report Segments:
The global Identity Management Solutions market is segmented on the basis of:
Types
Cloud, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI (Banking, Finance, Services and Insurance), Education, Energy & Utility, Healthcare and Life Sciences, IT & Telecommunication, Manufacturing, Media & Entertainment, Public Sector and Utilities, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amazon Web Services
- Broadcom
- Centrify Corporation
- Dell
- ForgeRock
- Hewlett Packard
- HID Global Corporation
- Hitachi Id Systems
- IBM
- Intel
- McAfee
- Microsoft
- NetIQ Corporation
- Okta
- OneLogin
- Open IAM
- Oracle Corporation
- Sailpoint Technologies
- SecurIT
- Siemens
Highlights of The Identity Management Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-Premises
- By Application:
- BFSI (Banking, Finance, Services and Insurance)
- Education
- Energy & Utility
- Healthcare and Life Sciences
- IT & Telecommunication
- Manufacturing
- Media & Entertainment
- Public Sector and Utilities
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Identity Management Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Identity management solutions help organizations manage and protect their identities. Solutions may include authentication, authorization, and accounting (AAA) services; identity resolution; and identity theft prevention.
Some of the major players in the identity management solutions market are Amazon Web Services, Broadcom, Centrify Corporation, Dell, ForgeRock, Hewlett Packard, HID Global Corporation, Hitachi Id Systems, IBM, Intel, McAfee, Microsoft, NetIQ Corporation, Okta, OneLogin, Open IAM, Oracle Corporation, Sailpoint Technologies, SecurIT, Siemens.
The identity management solutions market is expected to register a CAGR of 8.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Identity Management Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Identity Management Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Identity Management Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Identity Management Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Identity Management Solutions Market Size & Forecast, 2020-2028
4.5.1 Identity Management Solutions Market Size and Y-o-Y Growth
4.5.2 Identity Management Solutions Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 BFSI (Banking
6.2.2 Finance
6.2.3 Services and Insurance)
6.2.4 Education
6.2.5 Energy & Utility
6.2.6 Healthcare and Life Sciences
6.2.7 IT & Telecommunication
6.2.8 Manufacturing
6.2.9 Media & Entertainment
6.2.10 Public Sector and Utilities
6.2.11 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Identity Management Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Identity Management Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 BFSI (Banking
9.10.2 Finance
9.10.3 Services and Insurance)
9.10.4 Education
9.10.5 Energy & Utility
9.10.6 Healthcare and Life Sciences
9.10.7 IT & Telecommunication
9.10.8 Manufacturing
9.10.9 Media & Entertainment
9.10.10 Public Sector and Utilities
9.10.11 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 BFSI (Banking
10.10.2 Finance
10.10.3 Services and Insurance)
10.10.4 Education
10.10.5 Energy & Utility
10.10.6 Healthcare and Life Sciences
10.10.7 IT & Telecommunication
10.10.8 Manufacturing
10.10.9 Media & Entertainment
10.10.10 Public Sector and Utilities
10.10.11 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 BFSI (Banking
11.10.2 Finance
11.10.3 Services and Insurance)
11.10.4 Education
11.10.5 Energy & Utility
11.10.6 Healthcare and Life Sciences
11.10.7 IT & Telecommunication
11.10.8 Manufacturing
11.10.9 Media & Entertainment
11.10.10 Public Sector and Utilities
11.10.11 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 BFSI (Banking
12.10.2 Finance
12.10.3 Services and Insurance)
12.10.4 Education
12.10.5 Energy & Utility
12.10.6 Healthcare and Life Sciences
12.10.7 IT & Telecommunication
12.10.8 Manufacturing
12.10.9 Media & Entertainment
12.10.10 Public Sector and Utilities
12.10.11 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 BFSI (Banking
13.10.2 Finance
13.10.3 Services and Insurance)
13.10.4 Education
13.10.5 Energy & Utility
13.10.6 Healthcare and Life Sciences
13.10.7 IT & Telecommunication
13.10.8 Manufacturing
13.10.9 Media & Entertainment
13.10.10 Public Sector and Utilities
13.10.11 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Identity Management Solutions Market: Competitive Dashboard
14.2 Global Identity Management Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon Web Services
14.3.2 Broadcom
14.3.3 Centrify Corporation
14.3.4 Dell
14.3.5 ForgeRock
14.3.6 Hewlett Packard
14.3.7 HID Global Corporation
14.3.8 Hitachi Id Systems
14.3.9 IBM
14.3.10 Intel
14.3.11 McAfee
14.3.12 Microsoft
14.3.13 NetIQ Corporation
14.3.14 Okta
14.3.15 OneLogin
14.3.16 Open IAM
14.3.17 Oracle Corporation
14.3.18 Sailpoint Technologies
14.3.19 SecurIT
14.3.20 Siemens
