Global Consumer Identity and Access Management (IAM) Market to reach USD 56.28 billion by 2025.
Global Consumer Identity and Access Control (IAM) market with a value of approximately USD 11.54 billion in 2016 is expected to grow with healthy growth of more than 19.25% in the 2018-2025 forecast period. The key factors speculated to expand markets are growing concerns about the management of strict industry rules and requirements, organizations wanting to provide consistent, enriched and frictionless customer experience, and growing retail and e-commerce activities. Budgetary limitations in the implementation of Consumer Identity and Access Management (IAM) solutions and lack of identity standards limit the growth rate of the market. With Consumer Identity and Access Management (IAM), organizations can securely capture and manage consumer identity and profile data and control consumer access to applications and services.
The aim of the report is to define the market sizes of different segments and countries in recent years and to predict the values for the next eight years. The report aims to include both qualitative and quantitative aspects of the industry in each of the regions and countries involved in the research. In addition, the report also contains detailed information about the crucial aspects such as driving factors and challenges that will determine the future growth of the market. In addition, the report will also include available micro market opportunities for stakeholders to invest, along with detailed analysis of the competitive landscape and product offering of key players. The detailed segments and the sub-segment of the market are explained below:
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The regional analysis of Global Consumer Identity and Access Management (IAM) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025. According to segmentation, solution segment is speculated to increase with a CAGR around 18.1% and the vertical segment BFSI is expected to dominate and rise with a rate over 18%.
Some of the leading market players include
- CA Technologies
- Ping Identity
By Authentication Type:
- Security certificates
- Knowledge-based answers
- Telecom & IT
- Banking, Financial Services, and Insurance (BFSI)
- Retail and consumer goods
- Public sector
- Media and entertainment
- Travel and hospitality
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By Regions: The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Consumer Identity and Access Management (IAM) Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
In the end Consumer Identity and Access Management (IAM) Market Report delivers a conclusion which includes Research Findings, Market Size Estimation, Breakdown and Data Triangulation, Consumer Needs/Customer Preference Change, Data Source. These factors will increase the business overall.
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