Market Overview:
The global IOT-Identity Access Management market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for identity governance, access management, and directory services solutions across various industries. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. However, lack of awareness about IAM solutions among end users is restraining the growth of this market. On the basis of type, identity governance accounted for the largest share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its ability to manage identities and their associated privileges across an organization’s IT infrastructure effectively.
Product Definition:
IOT-Identity Access Management is a system that allows an organization to manage and control access to systems, applications, data and other resources. IOT-Identity Access Management can help organizations improve security by ensuring that only authorized users have access to sensitive information. IOT-Identity Access Management can also help organizations automate the process of granting or denying access to resources based on user roles and permissions.
Identity Governance:
Identity governance is the new term in the market which is used to express a set of rules or standards that determine who can do what with an identity and how those identities are managed. It helps in providing authorization for access control, policy definition, and user validation. The key drivers for Identity governance include growing need to manage digital identity & security across organizations coupled with increasing adoption of Internet-of-Things (IoT) devices that require secure authentication and authorization services.
Access Management:
Access management is the process of governing and controlling access to systems or assets. It includes techniques for monitoring, evaluating, and controlling the manner in which people & devices gain access to resources. The technology helps in providing a central database from where policies can be enforced for all users across an enterprise network.
The technology also helps enterprises in tracking user activities across the network while ensuring that only authorized personnel have acess to company data at any given time.
Application Insights:
The banking, IT and healthcare sectors accounted for the largest market share in terms of application segment. The growing adoption of connected devices, increasing data breaches and rising need to manage access to corporate networks are some of the factors driving the demand in these industries. Furthermore, a rise in IOT-based applications such as smart cities, smart agriculture and others is expected to drive growth over the forecast period.
The use cases for identity access management solutions include authentication services for remote users connecting from mobile devices or via a web browser on a local network as well as authenticating users connecting from remote locations over the internet using strong authentication methods such as mutual TLS/SSL encryption or Kerberos protocol. These solutions also enable single sign-on capabilities across various applications by providing secure identification & authentication services to authorize each user's connection with an organization's network infrastructure while accessing external networks (internet).
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing adoption of IoT technologies, high demand for secure connectivity, and rising need for data protection & privacy. Moreover, presence of a large number of industry giants has led to increased innovation and development in this space.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to significant growth opportunities offered by emerging economies such as China and India. Rapidly expanding manufacturing sector along with growing consumer electronics sales will drive demand further in these countries leading to an increase in deployment activities across enterprises globally.
Growth Factors:
- Increasing demand for secure and convenient authentication methods for online transactions
- Proliferation of connected devices and the growing trend of IoT-enabled smart cities
- The increasing need to protect sensitive data from cyber threats
- The rising number of government regulations mandating identity and access management controls
- Growing demand for cloud-based identity access management solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
IOT-Identity Access Management Market Research Report
By Type
Identity Governance, Access Management, Directory Services
By Application
Banking, IT, Healthcare, Government
By Companies
IBM, Microsoft, Hitachi, EMC, Intel Security, Siemens, Oracle, ARCON Tech Solutions, Cloud Security Alliance, Broadcom
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global IOT-Identity Access Management Market Report Segments:
The global IOT-Identity Access Management market is segmented on the basis of:
Types
Identity Governance, Access Management, Directory Services
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
Banking, IT, Healthcare, Government
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:
- IBM
- Microsoft
- Hitachi
- EMC
- Intel Security
- Siemens
- Oracle
- ARCON Tech Solutions
- Cloud Security Alliance
- Broadcom
Highlights of The IOT-Identity Access Management 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:
- Identity Governance
- Access Management
- Directory Services
- By Application:
- Banking
- IT
- Healthcare
- Government
- 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 IOT-Identity Access Management 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.
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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?
IOT-Identity Access Management is a service that helps organizations manage access to their IOT devices and data. It provides a secure way for authorized users to access devices and data, while preventing unauthorized users from accessing or using the devices or data.
Some of the major players in the iot-identity access management market are IBM, Microsoft, Hitachi, EMC, Intel Security, Siemens, Oracle, ARCON Tech Solutions, Cloud Security Alliance, Broadcom.
The iot-identity access management market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IOT-Identity Access Management 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 IOT-Identity Access Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IOT-Identity Access Management 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 IOT-Identity Access Management 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 IOT-Identity Access Management Market Size & Forecast, 2018-2028
4.5.1 IOT-Identity Access Management Market Size and Y-o-Y Growth
4.5.2 IOT-Identity Access Management Market Absolute $ Opportunity
Chapter 5 Global IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Type
5.2.1 Identity Governance
5.2.2 Access Management
5.2.3 Directory Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Applications
6.2.1 Banking
6.2.2 IT
6.2.3 Healthcare
6.2.4 Government
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IOT-Identity Access Management 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 IOT-Identity Access Management 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 IOT-Identity Access Management Analysis and Forecast
9.1 Introduction
9.2 North America IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Type
9.6.1 Identity Governance
9.6.2 Access Management
9.6.3 Directory Services
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 IOT-Identity Access Management Market Size Forecast by Applications
9.10.1 Banking
9.10.2 IT
9.10.3 Healthcare
9.10.4 Government
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 IOT-Identity Access Management Analysis and Forecast
10.1 Introduction
10.2 Europe IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Type
10.6.1 Identity Governance
10.6.2 Access Management
10.6.3 Directory Services
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 IOT-Identity Access Management Market Size Forecast by Applications
10.10.1 Banking
10.10.2 IT
10.10.3 Healthcare
10.10.4 Government
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 IOT-Identity Access Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Type
11.6.1 Identity Governance
11.6.2 Access Management
11.6.3 Directory Services
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 IOT-Identity Access Management Market Size Forecast by Applications
11.10.1 Banking
11.10.2 IT
11.10.3 Healthcare
11.10.4 Government
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 IOT-Identity Access Management Analysis and Forecast
12.1 Introduction
12.2 Latin America IOT-Identity Access Management 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 IOT-Identity Access Management Market Size Forecast by Type
12.6.1 Identity Governance
12.6.2 Access Management
12.6.3 Directory Services
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 IOT-Identity Access Management Market Size Forecast by Applications
12.10.1 Banking
12.10.2 IT
12.10.3 Healthcare
12.10.4 Government
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) IOT-Identity Access Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IOT-Identity Access Management 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) IOT-Identity Access Management Market Size Forecast by Type
13.6.1 Identity Governance
13.6.2 Access Management
13.6.3 Directory Services
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) IOT-Identity Access Management Market Size Forecast by Applications
13.10.1 Banking
13.10.2 IT
13.10.3 Healthcare
13.10.4 Government
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 IOT-Identity Access Management Market: Competitive Dashboard
14.2 Global IOT-Identity Access Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Microsoft
14.3.3 Hitachi
14.3.4 EMC
14.3.5 Intel Security
14.3.6 Siemens
14.3.7 Oracle
14.3.8 ARCON Tech Solutions
14.3.9 Cloud Security Alliance
14.3.10 Broadcom
