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Identity as a Service Market Share

Report ID: GMI7682
Published Date: Dec 2023
Report Format: PDF

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Identity as a Service Market Share

Microsoft Corporation and Okta, Inc. hold a significant revenue share in the identity as a service (IDaaS) industry. Companies in the market employ various strategies to enhance their presence, including robust partnerships, continuous innovation in security features, and seamless integration with emerging technologies. Focused customer-centric approaches and adherence to compliance standards further solidify their market positions.

Identity as a Service Market Companies

Major companies operating in the identity as a service (IDaaS) industry are:

Capgemini
ForgeRock, Inc.
Google LLC
IBM Corporation
Microsoft Corporation
Okta, Inc.
OneLogin, Inc.
Oracle Corporation
Ping Identity Corporation
SailPoint Technologies, Inc.
Salesforce Inc.
Thales Group

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of identity as a service reached USD 7.2 billion in 2023 and is set to grow at 24% CAGR from 2024 to 2032, due to the growing adoption of cloud services across various industries worldwide.

The large enterprises segment held over 65% of the market share in 2023, owing to the pressing need for secure and efficient identity management solutions in the current dynamic digital landscape.

North America market accounted for 35% revenue share in 2023, attributed to the presence of a robust technological infrastructure and early adoption of cloud technologies in the region.

Capgemini, ForgeRock, Inc., Google LLC, IBM Corporation, Microsoft Corporation, Okta, Inc., OneLogin, Inc., Oracle Corporation, Ping Identity Corporation, SailPoint Technologies, Inc., Salesforce Inc., and Thales Group are some of the major identity as a service companies worldwide.