Market Research Report
Consumer IAM Market by Solution (Directory Service, Identity Proofing, Identity Authentication, SSO, and Data Governance), Service, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2023
|Published by||MarketsandMarkets||Product code||489291|
|Published||Content info||157 Pages
Delivery time: 1-2 business days
|Consumer IAM Market by Solution (Directory Service, Identity Proofing, Identity Authentication, SSO, and Data Governance), Service, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2023|
|Published: August 13, 2018||Content info: 157 Pages||
"Organizations need to deliver enriched, consistent, and frictionless customer experience, and enhance the operational efficiency are expected to drive the consumer IAM market."
The consumer Identity and Access Management (IAM) market is expected to grow from USD 16.00 billion in 2018 to USD 37.79 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The consumer IAM market is driven by factors, such as organizations need to deliver enriched, consistent, and frictionless customer experience, and enhance the operational efficiency. However, the dearth of security experts is one of the biggest challenges in the market.
The identity authentication segment is expected to contribute the largest market share in the consumer IAM market during the forecast period. Identity authentication for consumers is of the utmost importance to verify and validate identities for secure and seamless consumer experience, as identity fraud and theft is one of the biggest cybercrimes in today's world.
The cloud segment is a faster-growing segment in the consumer IAM market. SMEs, in particular, have implemented cloud deployment mode, as it enables them to focus on their core competencies rather than investing their capital in the security infrastructure. Organizations can avoid costs related to hardware, software, storage, and technical staff by using cloud-based solutions. Hence, the cloud segment is estimated to contribute the largest market share in the consumer IAM market, in 2018. However, organizations, where user credentials are critical for business operations, would use on-premises deployment mode as the organization itself controls their systems.
Asia Pacific (APAC) is expected to show the highest growth rate during the forecast period in the consumer IAM market. This growth is chiefly due to the high-security spending by organizations in major countries, such as China, Australia, India, Singapore, and Japan, for consumer identity proofing, authentication, and authorization. Furthermore, North America is estimated to account for the largest market size, in 2018, as the region is an early adopter of these security technologies.
In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the consumer IAM market.
The report includes the study of key players offering consumer IAM solutions, such as IBM (US), Microsoft (US), Salesforce (US), SAP (Germany), Okta (US), CA Technologies (US), Janrain (US), Ping Identity (US), ForgeRock (US), LoginRadius (Canada), iWelcome (Netherlands), GlobalSign (UK), Trusona (US), SecureAuth (US), WidasConcepts (Germany), Acuant (US), EmpowerID (US), Onegini (Netherlands), Pirean (UK), Auth0 (US), Avatier (US), Ergon (Switzerland), ManageEngine (US), Simeio Solutions (US), and Ubisecure (Finland).
The report provides a picture of consumer IAM solutions and associated services across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market, across different segments, such as solutions, services, deployment modes, organization size, industry verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.
The report would help the market leaders/new entrants in the market in the following ways:
*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.