Identity as a Service Market:
Identity as a Service Market is expected to grow at a CAGR of 19.10% during the forecast period. Global Identity as a Service Market is expected to reach US $ 14.11 Bn by 2029.
Identity as a Service Market Overview:
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
The study covers the latest revenue and Identity as a Service market trends. It focuses on the factors that influence the Identity as a Service market positively and negatively. It includes an overview of the Identity as a Service industry, its definition, and structure, as well as preventive and planned management.
The report presents a market overview through common subjects that are highlighted with unique data based on the need. This helps in making decisions about how to approach the Identity as a Service market and understanding the industry landscape. It also aids in determining the future potential of the Identity as a Service market in the forecast years.
Identity as a Service Market Report Scope and Research Methodology:
The report provides an in-depth analysis of the Identity as a Service market size, share, and recent developments. The market was segmented into major segments and sub-segments to understand the Identity as a Service industry in detail. The report also provides an in-depth analysis of the growth drivers, prevailing opportunities, major restraints, and upcoming challenges for the Identity as a Service market.
SWOT analysis was used to identify the strengths, weaknesses, opportunities, and threats of the key Identity as a Service market players in the Identity as a Service industry. The report also includes information on acquisitions, global presence, mergers, joint ventures, and the financial position of the key Identity as a Service market players. This helps to understand the competitive landscape of the Identity as a Service market. The bottom-up approach was used to estimate the regional and global Identity as a Service market size.
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Identity as a Service Market Dynamics:
During the forecast period of 2023-2029, a growth in consumer demand for cloud security solutions is the primary factor driving the global market. An infrastructure called identity and access management-as-a-service enables cloud service providers to offer identity and access management in a public cloud. IDaaS is suitable for organizations and industries since it offers cloud capabilities like portability and pay-per-use service. As there is a sharp increase in the number of digital workers, organizations and industry participants are becoming increasingly aware of the need of digital identity management. The danger to enterprises is increased by the ability of remote workers who are based outside of the corporate network to access various sets of business operations.
Identity as a Service Market Regional Insights:
Geographically, the report is segmented into several key countries, with market size, growth rate, and import and export of Identity as a Service market in these countries. North America, Europe, Asia Pacific, South America and the Middle East and Africa are the regions covered in the report.
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Identity as a Service Market Segmentation:
The market is divided into single sign-on, multi-factor authentication, compliance management, directory services, and others depending on the type of access. Due to the increased demand for stronger levels of authentication to access remote numerous applications and resources, the multi-factor authentication category is anticipated to hold the largest share of the market over the forecast period. In addition, over the course of the projected year, compliance management is also anticipated to grow significantly. In industries where data security and compliance management are essential, such as retail and consumer electronics, government, and energy and utilities, identity-as-a-service solutions continuously present opportunities.
Identity as a Service Market Key Players:
1. CA Technologies
2. Centrify Corporation
3. ILANTUS Technologies
4. iWelcome
5. JumpCloud
6. Okta, Inc.
7. OneLogin Inc.
8. Salesforce.com
9. Exostar
10. JumpCloud
11. Oracle Corporation
12. Microsoft
13. IBM Corporation
14. Ping Identity Corporation
15. Centrify Corporation
16. Exostar
17. Google LLC
18. Fischer International Identity
19. SailPoint Technologies
20. IDaptive, LLC
Key Questions answered in the Identity as a Service Market Report are:
- Which are the key factors driving the Identity as a Service market growth?
- Which region held the largest Identity as a Service market share in 2022?
- Which trends are expected to generate additional revenue for the Identity as a Service industry?
- What is the expected CAGR of the Identity as a Service market during the forecast period?
- Who are the key players in the Identity as a Service market?
Key Offerings:
- A Detailed Analysis of the Market Overview
- Market Share and Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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