IOT- Identity Access Management Market 2019 Global Applications, Industry Opportunities, Future Scope, Leading Key vendors, Growth and Forecast by 2022

The report on the global IOT- Identity Access Management market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, key player's market share analysis, competitive landscape and supply chain analysis.

Pune, India - April 9, 2019 /MarketersMedia/ —

Market Highlights:

Identity access management (IAM) is defined as a complex process that consists of various activities, policies, procedures, and technologies that require the coordination of company departments known as human resources (HR) and information technology (IT). Today, the use of the internet of things (IoT) is growing in identity access management. Market Research Future (MRFR) has published a research report on the global IoT identity access management market that calculates hike for this market at 16% CAGR (Compound Annual Growth Rate) between 2016 and 2022. By value, the market has been figured to be worth the US $ 20 bn by the end of the forecast period.

Observing the market structure, this report measures the future growth potential of the market. It gauges the strategies of the key players in the market and aids the competitive developments like new product developments, joint ventures, mergers & acquisitions, research and developments (R&D) in the market.
The crucial factors strengthening the global IoT identity access management market growth are growing adoption of cloud service and merchandising of functions of identity access management. The third factor contributing to market growth is the boost to consumer-grade identities by social media & bring your own device (BYOD). The last factor helping the market is the rising consumer-centric identity access management.

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Major key Players

• IBM Corporation (U.S.),
• Microsoft Corporation (U.S.),
• Hitachi, Ltd. (Japan),
• EMC Corporation (U.S.),
• Intel Security Group (U.S.),
• Siemens AG (Germany),
• Oracle Corporation (U.S.),
• ARCON Tech Solutions (India),
• Cloud Security Alliance (U.S.)
• CA Technologies (U.S.)

According to MRFR, The global IOT- Identity Access Management Market is expected to grow from USD ~8 Billion in 2016 to USD ~20 Billion by 2022, at an estimated CAGR of ~16%.

Latest Industry News
Capgemini and IDEMIA joining hands to launch a secure IoT device management platform. IDEMIA is a world leader in security and identity solutions. Hence, the platform is expected to offer identity management features too.
HID and Mercury have created Redstaak that offers many services including identity access management services.

Regional Analysis:
The regional segmentation of the global IoT identity access management market has segmented the market into regional markets namely Europe, North America, Asia Pacific, and the rest of the world (RoW). North America is holding the biggest market share in the global market due to technological advancement and rapid adoption of cloud applications as well as mobile applications in this region. In countries like the USA and Canada, the government organizations are emphasizing on the use of a personal identification card for accessing government IT infrastructure. This is resulting in market growth. Many major market players are based in the USA.

During the forecast period, the market in Europe is likely to grow due to the establishment of policies by many European government cyber authorities to protect confidential data. Many European countries are technologically advanced. Many key market players are based in Europe too. The imperative country-specific markets in this region are France, Germany, and the UK, followed by the remaining countries of Europe.
During the forecast period, the market in the Asia Pacific region is expected to grow due to the growing adoption of cloud-based services by small and large organizations in countries like China and India. Japan can also be an important country-specific market in this region because, in terms of technology, it is a very advanced country.

The RoW segment covers the nations in the Middle East & Africa (MEA). In MEA countries, the market is minimal because most countries being poor, lack of awareness, lack of education, lack of right infrastructure and lack of technological advancement.

Segmentation:
The global IoT identity access management market can be segmented into the deployment, end-user, industry, services, and lastly region. The deployment-based segmentation segments this market into on-cloud, on-premise and hybrid. Based on end-user, the market has been segmented into banking & financial services, education, energy & utility services, government, IT & telecom, manufacturing, media & entertainment, retail & e-commerce, and others.

Regarding industry, the market has been segmented into small and medium enterprises (SME’s) and large enterprises. On the basis of services, the market can be segmented into access management, directory services, multi-factor authentication, password management, user provisioning, single-sign-on (SSO) and others.

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Intended Audience
• Cyber security providers
• System integrators
• Government organizations
• Resellers
• Security service providers
• Consultancy firms

LIST OF TABLES
TABLE 1 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY SERVICES
TABLE 2 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY DEPLOYMENT
TABLE 3 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY INDUSTRY
TABLE 4 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY END USERS
TABLE 5 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY REGIONS
Continued….

LIST OF FIGURES
FIGURE 1 RESEARCH NETWORK SOLUTION
FIGURE 2 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY SERVICES (%)
FIGURE 3 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY DEPLOYMENT (%)
FIGURE 4 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY INDUSTRY (%)
Continued….

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/iot-identity-access-management-market-2034

Source URL: https://marketersmedia.com/iot-identity-access-management-market-2019-global-applications-industry-opportunities-future-scope-leading-key-vendors-growth-and-forecast-by-2022/500448

Source: MarketersMedia

Release ID: 500448