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Identity Analytics Market Share

  • Report ID: GMI10132
  • Published Date: Jul 2024
  • Report Format: PDF

Identity Analytics Market Share

Oracle and Verint Systems Inc. held a significant share of over 10% in the blockchain identity management market. Oracle, a pioneer in enterprise software & database management, uses its broad range of products to provide comprehensive identity analytics solutions that tackle the intricate requirements of big businesses. They offer a range of services, including advanced identity governance, access control, and analytics capabilities. These are necessary for preserving security, compliance, and operational effectiveness in a variety of IT environments. Oracle's position in the industry has been cemented by its capacity to expand its solutions, offer smooth interaction with current systems, and provide strong support services.
 

Verint Systems Inc., a company well-known for its proficiency in cyber intelligence and consumer engagement, has created a strong foothold in the identity analytics market with its creative approach to fraud detection & protection. Verint's solutions use ML algorithms and powerful analytics to safeguard identities in real-time, identify anomalies, and anticipate threats. Their emphasis on improving operational effectiveness and providing actionable information is well-received by service providers in industries such as healthcare, telecommunications, and finance. Through constant technological advancements and the expansion of their identity analytics capabilities, Verint Systems Inc. has established itself as a reliable partner for businesses seeking to protect sensitive information, providing secure and customized consumer experiences.
 

Oracle and Verint Systems Inc. stand out in the identity analytics market due to their comprehensive industry expertise, diverse product offerings, and commitment to innovations. Their ability to address the evolving challenges of cybersecurity and identity management positions them as leaders in assisting enterprises & service providers navigate the complexities of digital transformation securely & efficiently.
 

Identity Analytics Market Companies

Major players operating in the identity analytics management industry are:

  • Oracle
  • Verint Systems Inc.
  • LogRhythm, Inc.
  • SailPoint Technologies, Inc.
  • Gurucul
  • Securonix
  • LexisNexis Risk Solutions
     
Authors: Suraj Gujar, Kanhaiya Kathoke

Frequently Asked Questions (FAQ) :

The market size of identity analytics reached USD 1.54 billion in 2023 and is set to witness over 25% CAGR between 2024 and 2032, due to the integration of AI and ML technologies.

The service segment in the identity analytics industry is expected to register 27% CAGR during 2024 to 2032, backed by improving customer experience, protecting client data, and preventing fraud.

North America market accounted for over 35% share in 2023, led by the government initiatives & collaborations between the public & private sectors.

Oracle, Verint Systems Inc., LogRhythm, Inc., SailPoint Technologies, Inc., Gurucul, Securonix, and LexisNexis Risk Solutions.

Identity Analytics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 372
  • Countries covered: 21
  • Pages: 270
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