The Business Research Company’s Consumer IAM Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Consumer IAM Global Market Report 2023 evaluates consumer iam market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global consumer IAM market size is expected to grow from $9.23 billion in 2022 to $10.78 billion in 2023, at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global consumer IAM is expected to reach $19.92 billion in 2027 at a CAGR of 16.6%.
The rise in security breaches and cyber-attacks is expected to propel the growth of the consumer IAM market going forward. A cyberattack is an attempt to illegally access a computer system or a computer network to cause damage. Attackers constantly target Customer (or consumer) identity for malicious activities, increasing the need to secure the system. CIAM provides data privacy protection and provide defense against fraud and abuse, including identity theft, security theft, and cyber-attacks. For instance, according to the cybersecurity threatscape report by Positive Technologies, a Russia-based cybersecurity company, the number of cyberattacks increased by 17% in Q1 of 2021 as compared to Q1 2020, and it increased by 1.2% as compared to Q4 2020. Moreover, in June 2022, according to Forbes, a US-based business magazine, the average frequency of data breaches and cyberattacks rose by 15.1% in 2021 compared to the previous year. Therefore, the rise in security breaches and cyberattacks is driving the growth of the consumer IAM market.
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The consumer iam market segments in the report are:
1) By Component: Solutions, Services
2) By Solution: Identity Governance, Identity Verification and Authentication, Access Management and Authorization, Behaviour Analytics
3) By Services: Integration and Deployment, Support and Maintenance, Consulting
4) By Organization Size: Large Enterprises, SMEs
5) By Verticals: BFSI, Hospitality, Healthcare, Retail and e-commerce, Public Sector, Automotive, Education, IT, Transportation and Logistics, Other Verticals
The table of contents in TBRC’s consumer iam market report includes:
- Executive Summary
- Consumer IAM Market Characteristics
- Consumer IAM Market Trends And Strategies
- Consumer IAM Market – Macro Economic Scenario
- Consumer IAM Market Size And Growth
……
- Africa Consumer IAM Market
- Consumer IAM Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Consumer IAM Market
- Consumer IAM Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
International Business Machines Corporation
Microsoft Corporation
Salesforce Inc.
SAP AG
Broadcom Inc.
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