Global Cloud IAM Market Report 2022 to 2027: Players Include Microsoft, Okta, OneLogin, Oracle and Ping Identity
Global Cloud IAM Market
Dublin, Feb. 23, 2023 (GLOBE NEWSWIRE) -- The "Cloud IAM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global cloud IAM market size reached US$ 3.93 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 13.42 Billion by 2027, exhibiting a CAGR of 22.71% during 2021-2027.
Dell Technologies Inc.
International Business Machines Corporation
Ping Identity Corporation
Sailpoint Technologies Holdings Inc.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Cloud identity and access management (IAM) refers to a cloud-based service that controls the permission and access of users and cloud resources.
It includes password and access management, single sign-on, user provisioning, directory services, audit governance, and compliance management. Cloud IAM is widely used by businesses and organizations to authenticate, authorize, and evaluate users according to set policies and roles.
It improves security, protects data, reduces risk exposure, and prevents cyber-attacks. It is an easy-to-use framework that promotes user satisfaction, improves productivity, and minimizes capital expenditure. As a result, it finds extensive applications across retail, education, healthcare, telecommunication, media, and information technology (IT) industries.
The rising incidences of cyber-attacks and the increasing regulatory compliance burdens are the key factors driving the market. Cloud IAM is a cost-effective, scalable, and flexible platform that provides multifactor authentication, provisioning, and de-provisioning of user access and assists in preventing revenue loss and reducing data breaches.
Furthermore, the increasing demand for cloud IAM across enterprises to protect systems from unauthorized access and misuse, authenticate users, and track user activities is providing a considerable boost to the market. Additionally, the adoption of blockchain technology in cloud IAM to develop decentralized and secured methods of verification and storage of identity credentials to prevent fraud and identity theft is providing an impetus to the market growth.
Moreover, the integration of machine learning (ML) and artificial intelligence (AI) to quickly analyze threats and malicious code and improve security is creating a positive outlook for the market.
Other factors, including the emerging trends of bring-your-own-device (BYOD), choose-your-own-device (CYOD), and other mobility services; the proliferation of the Internet of Things (IoT)-enabled devices; rising adoption by several governments due to strict cyber-security policies; and extensive research and development (R&D) activities, are anticipated to drive the market.
Key Questions Answered in This Report:
How has the global cloud IAM market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global cloud IAM market?
What are the key regional markets?
What is the breakup of the market based on the service?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global cloud IAM market and who are the key players?
What is the degree of competition in the industry?
No. of Pages
2021 - 2027
Estimated Market Value (USD) in 2021
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Cloud IAM Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 User Provisioning
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Single Sign-On
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Access Management
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Multi-Factor Authentication
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Password Management
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Directory Services
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Governance and Compliance Management
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1.1 Market Trends
7.1.2 Market Forecast
7.2.1 Market Trends
7.2.2 Market Forecast
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 IT and Telecommunication
9.2.1 Market Trends
9.2.2 Market Forecast
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Media and Entertainment
9.4.1 Market Trends
9.4.2 Market Forecast
9.5.1 Market Trends
9.5.2 Market Forecast
9.6.1 Market Trends
9.6.2 Market Forecast
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/fe4nnk-iam-market?w=12
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