PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1744475
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1744475
The Global Identity as a Service (IDaaS) Market is valued at approximately USD 9.93 billion in 2024 and is projected to flourish at a remarkable CAGR of 25.30% over the forecast period 2025-2035. As digital transformation accelerates and perimeter-based security models give way to identity-centric architectures, IDaaS solutions are fast becoming indispensable across industries. These cloud-based identity management tools enable businesses to manage user authentication, authorization, and access controls efficiently across hybrid IT environments. From seamless single sign-on (SSO) and multi-factor authentication (MFA) to robust governance and compliance capabilities, IDaaS is reshaping how enterprises secure identities while enhancing user experience.
The proliferation of remote work environments, cloud computing, mobile device usage, and the expanding ecosystem of SaaS applications have collectively amplified the attack surface, necessitating scalable and centralized identity management solutions. Organizations are increasingly gravitating toward IDaaS platforms not just to safeguard access points, but to streamline onboarding, enforce zero-trust models, and ensure compliance with regulatory mandates such as GDPR, HIPAA, and CCPA. Furthermore, advances in AI and machine learning are enabling predictive analytics in IDaaS platforms-detecting suspicious activities in real time and triggering risk-based adaptive authentication.
From a regional lens, North America held the lion's share of the market in 2024, thanks to its sophisticated cybersecurity infrastructure, mature digital ecosystems, and stringent regulatory frameworks that necessitate continuous identity governance. The United States is a key innovator in cloud identity technologies, bolstered by an active ecosystem of enterprise cloud providers, tech conglomerates, and start-ups. Meanwhile, Asia Pacific is poised to witness the fastest growth rate, underpinned by rapid digitalization, increasing cyber threats, and a growing awareness around data protection. Economies like India, China, and Australia are experiencing a surge in demand for secure and scalable identity access management solutions. Europe remains a strong contender, with regulatory pressures and strong enterprise emphasis on data privacy driving substantial investments in IDaaS.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below: