Global Identity as a Service Market – forecast and analysis (2019-2027)

Global Identity as a Service Market was valued at USD XX billion in 2019 and is expected to reach at USD XX billion by 2027, at CAGR of XX % during forecast period.

Global-Identity-as-a-Service-Market-Segmentation-by-Region.png


The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Identity as a Service is described as the authentication infrastructure managed and hosted by a third-part cloud vendor to provide identity and access management services.

Global Identity as a Service Market Drivers and Restrains:

Global Identity as a Service Market is mainly driven by a rise in the consumer demand for cloud security solutions during forecast period 2019-2026. Identity and access management-as-a-service is a framework that allows the cloud service provider to deliver identity and access management in a public cloud. IDaaS is appropriate for industries and organization as it provides cloud features including portability, and pay-per-use service. Organizations and industry participants are becoming more conscious about the role of digital identity management as there is a steep rise in digital workforce. Remote workers who are located outside the corporate network can also access different set of business processes, compounding the risk to organizations.

Use of digital payment is increasing in the banking and financial sector. This in turn has resulted in a growing need for security for the consumers as well as employees and to protect client data through identity and access management solutions. Advancing virtualization has resulted in a greater number of banking functions operating online while increasing vulnerability to cyber-attacks. Consequently, the demand for IDaaS is expected to have a high potential growth in this segment over forecast period.

However factors such as high cost & complexities associated with the implementation of identity as a service and Lack of awareness and apprehensions about adopting cloud security solutions are a restraining the growth of the market.

Global Identity as a Service Market Regional Analysis:

North America is expected to dominate the Global Identity as a Service Market during forecast period at a CAGR of xx%. Increasing adoption of new trends such as bring-your-own-device (BYOD) that can used on-the-move. This has led to the increasing adoption of IDaaS patches to provide fool proof security to operations.

Moreover, Asia Pacific is expected to grow at second highest CAGR during the forecast period. Rising cyber threats and demand of strong identification and authentication by organization is driving cloud identity and access management (IAM) market in the region.

Global Identity as a Service Market Segment Analysis:

Based on access type, the Identity as a Service Market is segmented into single sign-on, multi-factor authentication, compliance management, directory services, and others. The multi-factor authentication segment is expected to exhibit a highest share of the Identity as a Service Market during forecast period due to the growing need for higher levels of authentication to access remote multiple applications and resources. Moreover, compliance management is also expected to expand significantly over the forecast period. Identity-as-a-service solutions continuously provide opportunities in retail and consumer electronics, public sector, and energy and utilities, where the compliance management and securing of data is crucial.

The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Identity as a Service Market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Identity as a Service Market.

for more info:https://www.maximizemarketresearch.com/market-report/global-identity-as-a-service-market/32424/

Scope of Report:

Global Identity as a Service Market Segmentation by Deployment

• Public

• Private

• Hybrid

Global Identity as a Service Market Segmentation by Services

• On-Site

• In-House

Global Identity as a Service Market Segmentation by Enterprise Size

• Small & Medium Enterprises

• Large Enterprises

Global Identity as a Service Market Segmentation by Access Type

• Single Sign-On

• Multi-factor Authentication

• Compliance Management

• Directory Services

• Others

Global Identity as a Service Market Segmentation by Application

• Document Verification

• Authentication/identification

• Screening

Global Identity as a Service Market Segmentation by Industry

• Government

• Retail & Consumer Electronics

• Transportation & Logistics

• Media & Entertainment

• IT & Telecommunication

• BFSI

• Energy & Utility

• Automotive

Global Identity as a Service Market Segmentation by Region

• North America

• Europe

• Asia Pacific

• South America

• Middle East & Africa

Global Identity as a Service Market Major Players:

• CA Technologies

• Centrify Corporation

• ILANTUS Technologies

• iWelcome

• JumpCloud

• Okta, Inc.

• OneLogin Inc.

• Salesforce.com

• Exostar

• JumpCloud

• Oracle Corporation

• Microsoft

• IBM Corporation

• Ping Identity Corporation

• Centrify Corporation

• Exostar

• Google LLC

• Fischer International Identity

For More Information Visit @:

This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This

report can be personalized to meet your requirements. Get in touch with us and our sales team

will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging

opportunities & technologies as well as threats to the companies across the Healthcare,

Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages,

Aerospace and Defense and other manufacturing sectors.
 
Global Identity as a Service Market was valued at USD XX billion in 2019 and is expected to reach at USD XX billion by 2027, at CAGR of XX % during forecast period.

Global-Identity-as-a-Service-Market-Segmentation-by-Region.png


The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Identity as a Service is described as the authentication infrastructure managed and hosted by a third-part cloud vendor to provide identity and access management services.

Global Identity as a Service Market Drivers and Restrains:

Global Identity as a Service Market is mainly driven by a rise in the consumer demand for cloud security solutions during forecast period 2019-2026. Identity and access management-as-a-service is a framework that allows the cloud service provider to deliver identity and access management in a public cloud. IDaaS is appropriate for industries and organization as it provides cloud features including portability, and pay-per-use service. Organizations and industry participants are becoming more conscious about the role of digital identity management as there is a steep rise in digital workforce. Remote workers who are located outside the corporate network can also access different set of business processes, compounding the risk to organizations.

Use of digital payment is increasing in the banking and financial sector. This in turn has resulted in a growing need for security for the consumers as well as employees and to protect client data through identity and access management solutions. Advancing virtualization has resulted in a greater number of banking functions operating online while increasing vulnerability to cyber-attacks. Consequently, the demand for IDaaS is expected to have a high potential growth in this segment over forecast period.

However factors such as high cost & complexities associated with the implementation of identity as a service and Lack of awareness and apprehensions about adopting cloud security solutions are a restraining the growth of the market.

Global Identity as a Service Market Regional Analysis:

North America is expected to dominate the Global Identity as a Service Market during forecast period at a CAGR of xx%. Increasing adoption of new trends such as bring-your-own-device (BYOD) that can used on-the-move. This has led to the increasing adoption of IDaaS patches to provide fool proof security to operations.

Moreover, Asia Pacific is expected to grow at second highest CAGR during the forecast period. Rising cyber threats and demand of strong identification and authentication by organization is driving cloud identity and access management (IAM) market in the region.

Global Identity as a Service Market Segment Analysis:

Based on access type, the Identity as a Service Market is segmented into single sign-on, multi-factor authentication, compliance management, directory services, and others. The multi-factor authentication segment is expected to exhibit a highest share of the Identity as a Service Market during forecast period due to the growing need for higher levels of authentication to access remote multiple applications and resources. Moreover, compliance management is also expected to expand significantly over the forecast period. Identity-as-a-service solutions continuously provide opportunities in retail and consumer electronics, public sector, and energy and utilities, where the compliance management and securing of data is crucial.

The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Identity as a Service Market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Identity as a Service Market.

for more info:Identity as a Service Market - Global Forecast and Analysis (2024-2030)

Scope of Report:

Global Identity as a Service Market Segmentation by Deployment

• Public

• Private

• Hybrid

Global Identity as a Service Market Segmentation by Services

• On-Site

• In-House

Global Identity as a Service Market Segmentation by Enterprise Size

• Small & Medium Enterprises

• Large Enterprises

Global Identity as a Service Market Segmentation by Access Type

• Single Sign-On

• Multi-factor Authentication

• Compliance Management

• Directory Services

• Others

Global Identity as a Service Market Segmentation by Application

• Document Verification

• Authentication/identification

• Screening

Global Identity as a Service Market Segmentation by Industry

• Government

• Retail & Consumer Electronics

• Transportation & Logistics

• Media & Entertainment

• IT & Telecommunication

• BFSI

• Energy & Utility

• Automotive

Global Identity as a Service Market Segmentation by Region

• North America

• Europe

• Asia Pacific

• South America

• Middle East & Africa

Global Identity as a Service Market Major Players:

• CA Technologies

• Centrify Corporation

• ILANTUS Technologies

• iWelcome

• JumpCloud

• Okta, Inc.

• OneLogin Inc.

• Salesforce.com

• Exostar

• JumpCloud

• Oracle Corporation

• Microsoft

• IBM Corporation

• Ping Identity Corporation

• Centrify Corporation

• Exostar

• Google LLC

• Fischer International Identity

For More Information Visit @:

This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This

report can be personalized to meet your requirements. Get in touch with us and our sales team

will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging

opportunities & technologies as well as threats to the companies across the Healthcare,

Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages,

Aerospace and Defense and other manufacturing sectors.
This report, posted on March 11, 2021, provides a forecast and analysis of the Global Identity as a Service (IDaaS) Market for the period of 2019-2027.




Global Identity as a Service Market: Overview​



The Global Identity as a Service Market was valued at USD XX billion in 2019 and is projected to reach USD XX billion by 2027, growing at a CAGR of XX% during the forecast period. (Note: Specific values are redacted as 'XX' in the provided text). The report also includes an analysis of the impact of the COVID-19 lockdown on market players across different regions and segments.

Definition of Identity as a Service (IDaaS):

IDaaS is an authentication infrastructure managed and hosted by a third-party cloud vendor, providing identity and access management (IAM) services. It allows organizations to outsource the operational aspects of IAM to specialized providers.




Market Drivers and Restraints​



Drivers:

  • Growing Demand for Cloud Security: A primary driver is the increasing consumer demand for cloud security solutions.
  • Advantages of Cloud Delivery: IDaaS, delivered as a cloud service, offers benefits like portability and a pay-per-use model, making it suitable for various industries and organizations.
  • Rise in Digital Workforce: Organizations are becoming more aware of the importance of digital identity management due to a significant increase in remote workers accessing business processes outside traditional corporate networks, which elevates security risks.
  • Increased Digital Payments in BFSI: The surge in digital payments within the banking and financial sector necessitates robust security for consumers and employees, as well as data protection through IAM solutions.
  • Advancing Virtualization: As more banking functions move online due to virtualization, the vulnerability to cyber-attacks increases, thus driving the demand for IDaaS in this segment.
Restraints:

  • High Cost and Complexities: The significant costs and complexities associated with implementing IDaaS solutions can hinder market growth.
  • Lack of Awareness and Apprehensions: Limited awareness and concerns about adopting cloud security solutions also act as restraints.



Regional Analysis​



  • North America: Expected to dominate the Global Identity as a Service Market with a CAGR of xx% during the forecast period. This is attributed to the increasing adoption of trends like Bring-Your-Own-Device (BYOD), leading to higher demand for IDaaS patches to ensure foolproof security.
  • Asia Pacific (APAC): Projected to exhibit the second-highest CAGR. Rising cyber threats and the demand for strong identification and authentication by organizations are driving the cloud IAM market in this region.



Market Segmentation​



The Global Identity as a Service Market is segmented across various categories:

  • Deployment: Public, Private, Hybrid
  • Services: On-Site, In-House
  • Enterprise Size: Small & Medium Enterprises, Large Enterprises
  • Access Type:
    • Single Sign-On (SSO)
    • Multi-factor Authentication (MFA) - Expected to hold the highest market share due to the need for higher authentication levels for remote access.
    • Compliance Management - Expected to expand significantly, especially in retail, consumer electronics, public sector, and energy & utilities, where data security and compliance are crucial.
    • Directory Services1



    • Others2


  • Application: Document Verification, Authentication/Identification, Screening3



  • Industry: Government, Retail & Consumer Electronics, Transportation & Logistics, Media & Entertainment, IT & Telecommunicat4ion, BFSI, Energy & Utility, Automotive





Major Players​



Key companies dominating the Identity as a Service market include:

  • CA Technologies
  • Centrify Corporation
  • ILANTUS Technologies
  • iWelcome
  • JumpCloud
  • Okta, Inc.
  • OneLogin Inc.
  • Salesforce.com
  • Exostar
  • Oracle Corporation
  • Microsoft
  • IBM Corporation
  • Ping Identity Corporation
  • Google LLC
  • Fischer International Identity

The report aims to provide a comprehensive assessment with detailed analysis, competitive landscaping, and strategic insights for stakeholders.
 
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