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Identity and Access Management (IAM) Market Share

Report ID: GMI176
Published Date: Mar 2023
Report Format: PDF

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Identity and Access Management Market Share

The market is characterized by large-scale investments in R&D for developing advanced IAM frameworks as well as collaborations & partnerships among leading enterprises and IAM solution providers. Major players, such as:

IBM
Okta
Oracle
Sailpoint Technologies
Broadcom

focus on developing differentiated products to meet the growing demand and reduce the security challenges faced by enterprises. Companies are also focused on launching new IAM solutions to increase their market shares.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market value for identity and access management (IAM) was crossed USD 12 billion in 2022 and will depict over 13% CAGR through 2023-2032, due to an increase in identity theft, data breaches, and hacking incidents.

The single sign-on (SSO) solution segment is anticipated to account for over 13% share of the identity and access management (IAM) industry by 2032, owing to the increasing use of passwords in enterprises.

The industry for identity and access management (IAM) in Europe was valued at over USD 3 billion in 2022, considering the rising number of mobile workforces in the region.

Dell Inc., Hitachi Id Systems, Inc., IBM Corporation, Microsoft Corporation, Net IQ (Micro Focus), Okta Inc., Oracle Corporation, Siemens AG, and Symantec Corporation are among the key participants in the market.