Market Research Report
Asia Pacific Identity Analytics Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||904366|
|Published||Content info||74 Pages
Delivery time: 2-3 business days
|Asia Pacific Identity Analytics Market Forecast 2019-2027|
|Published: August 7, 2019||Content info: 74 Pages||
In 2018, the Asia Pacific identity analytics market contributed revenue of $XX million and was estimated to generate a value of $XX million by the end of 2027, while developing at a CAGR of 27.73% during 2019 to 2027. One of the major factors contributing to the growth of identity analytics market in the region is favourable government policies and rising investments in the sector.
The Asia Pacific identity analytics market is largely influenced by the trends of countries such as South Korea, Australia, China, Japan, India, Singapore, and Rest of Asia Pacific that comprise of other Asian countries. The identity analytics market in countries like China and Japan is primarily driven by government initiatives, along with business enterprises efforts. In order to reduce risks and prevent critical information infrastructure from cyber threats, the enterprises are working in collaboration with government agencies. The introduction of new regulations, legislations, and facilities by the government to provide cybersecurity framework are further aiding the adoption of identity analytics, thereby boosting its market growth. Though the factors like increasing complexities of IT infrastructure in organizations and growing security concerns regarding cloud-based solutions are hindering the market growth, the widening consumer base of identity analytics showcases massive growth in the future.
Novetta, Verint Systems, NetOwl, ThreatMetrix, Okta Inc., NetIQ (Microfocus), Nexis GmbH, Sailpoint Technologies, LogRhythm Inc., and One Identity LLC are few key companies present in the identity analytics market. Though the market has the presence of large companies, many new players are entering the market owing to its lucrativeness.