Global Cloud Identity and Access Management Market

Global Cloud Identity and Access Management Market by Size of Organization (SMEs and Large Organization), Type Of Solutions (Single Sign-on (SSO) & Federated Provisioning, Audit Compliance & Governance, Privileged Access Management, Directory Services, and Others), Type of Deployments (Private, Publics, and Hybrids), End users (BFSI, Healthcare, Entertainment & Media, Education, Retail, IT & Telecommunications, and Others), and Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-3246
  • Author: Growth Market Reports
  • Rating: 4.2
  • Total Reviews: 3
  • No. Of Pages: 225
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The global cloud identity access and management market size was valued at USD 3407.9 million in 2020 and is expected to expand at a robust CAGR during the forecast period, 2021-2028. The growth of market is attributed to increased penetration of IoT, extensive use of desktops and laptops, and employees comfortable in using their own devices rather than the office devices and increased need of cloud identity and access management software.

With the growing demand of Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS) models, the cloud IAM segment is anticipated to witness massive escalation in the demand in the coming years.


Global Cloud Identity and Access Management Market

Cloud identity and access management technology is used to initiate, capture, record, and manage various other users profile and access permissions. Only when the user is evaluated and authenticated by the organization according to their norms then and then only they are provided access according to their respective roles.

The technology is changing the conventional way of running business, provided by cost efficiencies and economies of scale. On the other hand, the lack of scrutiny in security can reduces the value preposition of cloud computing.

The COVID-19 pandemic impacted positively for cloud identity and access management industry, the vendors are stepping front to offer their services to the enterprises. For e.g. IBM announced their new technologies such as IBM security MaaS360 along with Watson and IBM Cloud Identity which contributing significantly in the market growth during the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing use of personal devices for official use increases the use of IAM, thus expected to propel the market during the forecast period.
  • Increasing need of security solution from identity related crimes is estimated to drive the market in the coming years.
  • Rapid adoption of cloud identity across different verticals is anticipated to spur the market during the projected period.
  • Increasing penetration of IoT, wearable, smart-phone, and tablets allow the employees to connect to the enterprise network expected to fuel the market during the projected period.
  • Growing concern towards security among the organizations is expected to fuel the market during the forecast period.
  • Growing awareness of regulatory compliance is anticipated to boost the market in the coming years.
  • Risk associated with data theft act as one of the factor that can impede the growth of the market during the projected period.

Scope of the market

The report on the global cloud identity and access management market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cloud identity and access management market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Size of Organization (SMEs and Large Organization), Type Of Solutions (Single Sign-on (SSO) & Federated Provisioning, Audit Compliance & Governance, Privileged Access Management, Directory Services, and Others), Type of Deployments (Private, Publics, and Hybrids), End users (BFSI, Healthcare, Entertainment & Media, Education, Retail, IT & Telecommunications, and Others)

Regional Scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Microsoft Corporations; IBM Corporation; Broadcom Inc (CA Technologies); Oracle Corporation; Dell Technologies.

Market segment insights

The large organization segment is estimated hold key share of the market

Based on size of organization, the market is bifurcated into SMEs and large organization. The large organization segment is estimated hold key share of the market during the forecast period due to maximum breach of data security because of weak credentials. To counter with this, large enterprises shifted their interest towards adoption of IAM solutions to provide an unbreachable wall for the credentials along with better business productivity.


Global Cloud Identity and Access Management Market

The single sign-on (SSO) & federated provisioning segment is expected to exhibit high CAGR

On the basis of types of solutions, the market is categorized into single sign-on (SSO) & federated provisioning, audit compliance & governance, privileged access management, directory services, and others. The single sign-on (SSO) and federated provisioning segment is expected to exhibit high CAGR in the coming years due to highly flexible, user friendly, and comp actual in nature it can be used in wide range of application, also increasing number of social engineering commissioned attacks, and identity thefts are boosting the market in the coming years.

The public segment is estimated to account key share of the market

Based on the types of deployments, the market is fragmented into private, publics, and hybrids. The public segment is estimated to account key share of the market during the projected period due to growing rate of adoption across different verticals. Conversely the hybrid segment is expected to grow at a rapid pace owing to increasing adoption of cloud identity and access management (IAM) among small and medium sized organizations.

The healthcare segment is anticipated constitute major market share

According to the applications, the market is segregated into BFSI, healthcare, entertainment & media, education, retail, IT & telecommunications, and others. The healthcare segment is anticipated to constitute major market share owing to the verticals which experiences 5X more attacks from their own employees and the financial institution with the implementation of IAM prevents any unauthorized people from accessing their patients health information and authorized personnel from leaking it intentionally or unintentionally.

North America is estimated to dominate the market

In the terms of regions, the market is differentiated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to dominate the market during the projected period due to some of the most advanced cloud organization belongs from the same regions accompanied with growing number of start-ups, highest adoption rate of cloud reported in the same region by ITU, and majorly the rise of credit card frauds, identity theft highly reported in the region which make the adoption of IAM more crucial with the region.


Global Cloud Identity and Access Management Market

Segments

Segments Covered in the Report

Global cloud identity and access management market has been segregated on the basis of

Type of Solutions

  • Single Sign-on (SSO) & Federated Provisioning
  • Audit Compliance & Governance
  • Privileged Access Management
  • Directory Services
  • Other Types of Solutions

Size of Organizations

  • SMEs
  • Large Organization

Types of Deployment

  • Private
  • Publics
  • Hybrids

End user

  • BFSI
  • Healthcare
  • Entertainment & Media
  • Education
  • Retail
  • IT & Telecommunications
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

  • Microsoft Corporations
  • IBM Corporation
  • Broadcom Inc (CA Technologies)
  • Oracle Corporation
  • Dell Technologies.

Competitive Landscape

Key players competing in the global cloud identity and access management market include Microsoft Corporations; IBM Corporation; Broadcom Inc; Oracle Corporation; Dell Technologies.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

In May 2020, Loginradius announced its services implementation for the US based video broadcasting company BroadcastMed, created a frictionless character and increased the streaming efficiency for its customers.

Global Cloud Identity and Access Management Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cloud Identity and Access Management Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cloud Identity and Access Management Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cloud Identity and Access Management Market - Supply Chain
  4.5. Global Cloud Identity and Access Management Market Forecast
     4.5.1. Cloud Identity and Access Management Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cloud Identity and Access Management Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cloud Identity and Access Management Market Absolute $ Opportunity
5. Global Cloud Identity and Access Management Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cloud Identity and Access Management Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cloud Identity and Access Management Demand Share Forecast, 2019-2026
6. North America Cloud Identity and Access Management Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cloud Identity and Access Management Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cloud Identity and Access Management Demand Share Forecast, 2019-2026
7. Latin America Cloud Identity and Access Management Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cloud Identity and Access Management Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cloud Identity and Access Management Demand Share Forecast, 2019-2026
8. Europe Cloud Identity and Access Management Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cloud Identity and Access Management Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cloud Identity and Access Management Demand Share Forecast, 2019-2026
9. Asia Pacific Cloud Identity and Access Management Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cloud Identity and Access Management Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cloud Identity and Access Management Demand Share Forecast, 2019-2026
10. Middle East & Africa Cloud Identity and Access Management Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cloud Identity and Access Management Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cloud Identity and Access Management Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cloud Identity and Access Management Market: Market Share Analysis
  11.2. Cloud Identity and Access Management Distributors and Customers
  11.3. Cloud Identity and Access Management Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

Global cloud identity and access management market has been segregated on the basis of

Type of Solutions

  • Single Sign-on (SSO) & Federated Provisioning
  • Audit Compliance & Governance
  • Privileged Access Management
  • Directory Services
  • Other Types of Solutions

Size of Organizations

  • SMEs
  • Large Organization

Types of Deployment

  • Private
  • Publics
  • Hybrids

End user

  • BFSI
  • Healthcare
  • Entertainment & Media
  • Education
  • Retail
  • IT & Telecommunications
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

  • Microsoft Corporations
  • IBM Corporation
  • Broadcom Inc (CA Technologies)
  • Oracle Corporation
  • Dell Technologies.

Key players competing in the global cloud identity and access management market include Microsoft Corporations; IBM Corporation; Broadcom Inc; Oracle Corporation; Dell Technologies.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

In May 2020, Loginradius announced its services implementation for the US based video broadcasting company BroadcastMed, created a frictionless character and increased the streaming efficiency for its customers.

Global Cloud Identity and Access Management Market

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