Global Identity as a Service Market Research Report: by Service (Identity Governance & Administration, Access, Intelligence), Organization Size (Large Enterprise, Small and Medium-Sized Enterprise), Deployment (Public Cloud, Private Cloud, Hybrid), Vertical (BFSI, IT and Telecommunication, Retail and CPG, Energy and Utilities, Manufacturing, Healthcare and Life Sciences, Transportation, Government and Defence, Others) - Forecast till 2027
Industry Insight
With things going haywire, Market Research Future (MRFR) analyses vital points to make sure that the businesses around the globe in the global identity as a service (IDaaS) market 2020 are entirely prepared to tackle potential implications caused by COVID-19 pandemic. MRFR, from its study, estimates that the global utility asset management market 2020 can reach its target to get at least 18.4% CAGR during the forecast period 2020-2027. The valuation to record could record USD 10.8 Billion by 2027.
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Top Impactful Factors
MRFR has identified in its study that a boost in the security matters in the public and private sector, demand for cloud-based security solutions and services across the IT infrastructure, and mandating regulatory and data protection laws. These are some of the factors expected to drive the development in the Global Identity-as-a-Service (IDaaS) Market.
The study predicts that gone are the days when the Internet of Things (IoT) was the 'next big thing' in the industrial landscape. The rise of 'Industry 4.0' has hard-pressed businesses towards the actual next big thing that is the Identity of Things (IDoT). Thus, the risen adoption of IoT has caused a stir in the technical, business approach of end-users, and the explosion in the number of IoT-connected devices has triggered severe concerns about identity and access management. The demand for identity-as-a-service (IDaaS) has surged tremendously in the past decade, as the need for identity management platforms such as IDoT, for IoT initiatives, has intensified globally.
To add in this, the identity as a service market is witnessing exponential growth, as businesses are incorporating IoT carefully with essential business operations, and this has bolstered the necessitate for a fresh approach towards identity management processes. Also, with the advent of next-generation technologies, comprising Artificial Intelligence (AI) and cloud computing, the identity as a service market has emerged as a multibillion-dollar landscape in the last few years, that will continue with the stream of growth post-COVID-19 pandemic
Therefore, sensing the enormous growth potential for the providers of identity-as-a-service in the IoT-driven industrial ecosystem, MRFR offers exclusive insights on how to expand the business after long term impact of COVOD-19 outbreak and highly-profitable landscape.
Segmentation of Market
MRFR's new study offers segmental information about the identity-as-a-service market and its competitive landscape. The segmentation has been done across service, organization size, deployment, and vertical segments.
In terms of the service segment, the global market has included access, identity governance & administration, and intelligence.
In terms of organization size segment, the global IDaaS market includes small- and medium-sized enterprises (SME) and large enterprises.
In terms of the deployment segment, the global IDaaS market has included public cloud, private cloud, and hybrid.
In terms of vertical segment, the global IDaaS market has included financial services, banking, and insurance (BFSI), retail and CPG, IT and telecommunication, manufacturing, energy and utilities, healthcare and life sciences, government and defense, transportation, and others.
Regional Front
The geographic scrutiny of the global IDaaS market has been done for critical regions of Europe, Asia-Pacific, North America, and the rest of the world.
North America region is anticipated to score the prevalent market size in the assessment period. The US leads the market in North America owing to the early adoption of DevSecOps practices for identity and access management and strict government directives for data protection. The mounting cyber threats and swelling demand for reliable identification and authentication solutions on the cloud are motivating the IDaaS market growth in the region.
With this, the Asia-Pacific region is expected to be the fastest expanding market in the global IDaaS market during the assessment period. The emergent adoption of the BYOD trend and IoT across verticals and rising awareness among enterprises over security in developing economies in Asia-Pacific are some of the foremost opportunities for the IDaaS market in Asia-Pacific.
Industry Players
Okta, Inc. (US), Avatier (US), OneLogin, Inc (US), Microsoft Corporation, (US), Centrify Corporation (US), Fischer Identity (US), iWelcome (Netherlands), Oracle Corporation (US), LoginRadius (Canada), Ping Identity (US), IDaptive, LLC. (US) VMWare (US), and Ubisecure, Inc. (Finland) are identified as leading industry players across different regions.
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Market SynopsisMarket Research Future (MRFR) conducted study on the global identity as a service (IDaaS) market 2020 and detailed insights into the effect of COVID pandemic on the market in the report.
The growing deployment of IDaaS on largely accepted cloud platform can boost the expansion of the IDaaS market across the review period.
The increase in the adoption of SaaS-based IAM offerings that allow organizations to use single sign-on (SSO) via OpenID Connect (OIDC) or Security Assertion Markup Language (SAML) for the authentication and access controls to provide secured access to enterprises' SaaS applications can promote the expansion of the world market of IDaaS.
The growing concerns of companies regarding data security limit is pressing the need for IDaaS solutions that can promote the expansion of the global identity as a service (IDaaS) market in the years to come.
The rise in preference for on-premise access management systems can pose threat to the IDaaS market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7928Market SegmentationThe segments study of the global IDaaS market is based on deployment, service, organization size, and vertical.
The service-based, the global IDaaS market segments are access, identity governance & administration, and intelligence.The organization size based, the global IDaaS market segments are large enterprise and small- and medium-sized enterprise (SME).The deployment based, the global IDaaS market segments are public cloud, private cloud, and hybrid.The vertical based, the global IDaaS market segments are BFSI, retail and CPG, manufacturing, energy and utilities, transportation, healthcare and life sciences, and government and defense among others.Regional AnalysisNorth America IDaaS market is expected to secure the highest global market size in the forecast period.
The Global Identity-as-service (IDaaS) Market was valued at USD 2.89 Bn in 2019 expanding at CAGR of 20.4% from 2020-2030.Identity-as-service (IDaaS) Market research report is a careful examination of the worldwide Identity-as-service (IDaaS) industry which has been a region of enthusiasm for Identity-as-service (IDaaS) makers, organizations, authorities, chiefs, and likely speculators, and analysts.
The report profoundly lights up noteworthy features in the business, including a contention situation, condition, portions, showcase size, share, gainfulness, development potential, and advancements.The report likewise spins around the most powerful factors of the worldwide Identity-as-service (IDaaS) advertise which incorporates changing business sector elements, contemporary patterns, development driving components, showcase limitations, and snags as they may impact the market improvement in a positive/negative manner.
The report breaks down the above elements at a moment level and furthermore offers significant expectations for the gauge time of up to 2030.Access Full Description of this report at:-https://www.nextmsc.com/report/identity-as-a-service-marketTop Companies: Okta, Inc., Ping Identity, IDaptive, LLC, CA Technologies, OneLogin, Microsoft Corporation, Oracle Corporation, SailPoint Technologies, IBM Corporation, Salesforce, Google, Capgemini (France), HCL (India), Simeio Solutions, Gemalto (Netherlands), Connectis and others.The report additionally conveys inside and out contextual investigations on the different nations which are effectively associated with the Identity-as-service (IDaaS) creation.
An investigation of the specialized boundaries, different issues, cost adequacy influencing the Identity-as-service (IDaaS) Market.
Deciding the chances, eventual fate of the Identity-as-service (IDaaS) and its restrictions turns into much simpler with this report.Request sample copy of this report at:-https://www.nextmsc.com/identity-as-a-service-market/request-sampleThe report provides insights on the following points:-Detailed overview of Identity-as-service (IDaaS) MarketChanging market dynamics in the industryIn-depth market segmentationHistorical, current and projected market size in terms of volume and valueRecent industry trends and developmentsCompetitive landscapeStrategies of key players and products offeredPotential and niche segments, geographical regions exhibiting promising growthA neutral perspective on market performanceMust-have information for market players to sustain and enhance their market footprint.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade.
The global identity and access management-as-a-service (IDaas) market size is projected to be worth USD 7.66 billion by 2025.
The demand for identity and access management-as-a-service is expected to grow due to rising need of controlled access systems in increasingly connected and vulnerable enterprises during the forecast period.Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/103Identity and access management-as-a-service is a framework that allows the cloud service provider to deliver identity and access management in a public cloud.
Remote workers who are located outside the corporate network can also access different set of business processes, compounding the risk to organizations.Use of digital payment is increasing in the banking and financial sector.
This has led to the increasing adoption of IDaaS patches to provide foolproof security to operations.
Rising cyber threats and demand of strong identification and authentication by organization is driving cloud identity and access management (IAM) market in the region.The global identity and access management-as-a-service market is extremely competitive and comprises numerous agile players.
Launch of new cloud based products, updating the existing product, acquisitions, merger and expansions are the few strategies implemented by the key players in the market.Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/identity-and-access-management-as-a-service-idaas-marketIn January 2018, Ping Identity formed partnership with KPMG to deliver CIAM solutions to foster digital commerce and digital transition initiatives for enterprises.In June 2018, InnovoCommerce formed a partnership with Exostar for high assurance, Single-Sign-On Access to the investigatorFIRST Portal.In March 2016, Google Cloud Platform offered identity and access management roles for users.
