Identity as a Service Market Segments, Reliable, Efficiently Demand, Demand Status and Explosive Factors Forecast 2027, Market Research Future
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Market Synopsis
Market Research Future (MRFR) conducted study on the Identity as a Service Market Segments 2020 and detailed insights into the effect of COVID pandemic on
the market in the report. According to MRFR analysis, the identity as a service
(IDaaS) market can rise at 18.4% CAGR across the forecast period. By 2027, the
identity as a service (IDaaS) market value can cross USD 10 Bn.
The growing deployment of IDaaS on largely accepted cloud platform
can boost the expansion of the IDaaS market across the review period. The
increase in the adoption of SaaS-based IAM offerings that allow organizations
to use single sign-on (SSO) via OpenID Connect (OIDC) or Security Assertion
Markup Language (SAML) for the authentication and access controls to provide
secured access to enterprises' SaaS applications can promote the expansion of
the world market of IDaaS.
The growing need to curb on-site infrastructure that can support a
wide range of integration options can boost the expansion of the IDaaS market.
The rise in the level of interconnectivity as IoT and BYOD culture are trending
across different verticals can bolster the expansion of the IDaaS market. Rise
in IDaaS vendors can also benefit the global market.
The high utility of DevSecOps practices for the identification and
access management in organizations can fuel the expansion of the market growth.
The growing concerns of companies regarding data security limit is pressing the
need for IDaaS solutions that can promote the expansion of the global identity
as a service (IDaaS) market in the years to come. The rise in preference for
on-premise access management systems can pose threat to the IDaaS market.
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Market Segmentation
The segments study of the global IDaaS market is based on
deployment, service, organization size, and vertical.
The service-based, the global IDaaS market segments are access,
identity governance & administration, and intelligence.
The organization size based, the global IDaaS market segments are
large enterprise and small- and medium-sized enterprise (SME).
The deployment based, the global IDaaS market segments are public
cloud, private cloud, and hybrid.
The vertical based, the global IDaaS market segments are BFSI,
retail and CPG, manufacturing, energy and utilities, transportation, healthcare
and life sciences, and government and defense among others.
Regional Analysis
North America IDaaS market is expected to secure the highest
global market size in the forecast period. Led by the US, the market in North
America can rise exponentially due to the early adoption of DevSecOps that aids
in the identification and allows access to management and strict government
directives associated with data protection. The increase in cyber threats and
high growing demand for potential and powerful authentication solutions on
cloud can drive the IDaaS market in North America.
In Asia Pacific, the IDaaS market can expand rapidly in evaluation
period. The growing BYOD trend and increase in IoT applications across
verticals and increase in the awareness among enterprises regarding security
issues can promote the IDaaS market in the Asia Pacific region. APAC is
observed to hold high growth prospects, thus the expansion of the IDaaS market
in the Asia Pacific region is expected to rise substantially.
Key Players
MRFR identified some notable players of the global IDaaS market.
They are; Okta, Inc. (US), Avatier (US), OneLogin, Inc (US), Fischer Identity
(US), Microsoft Corporation, (US), Oracle Corporation (US), Centrify
Corporation (US), Ping Identity (US), iWelcome (Netherlands), empowerID
(US),VMWare (US), LoginRadius (Canada), IDaptive, LLC. (US), Ubisecure, Inc.
(Finland), Sailpoint (US), Optimal IdM(US), Bitium, Inc. (US), and others.
These players are recognized by origin, regional presence, recent key
innovations, industry expertise, and product diversification.
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Table
of Contents
1
Executive Summary
2
Scope of The Report
2.1
Market Definition
2.2
Scope of The Study
2.2.1
Research Objectives
2.2.2
Assumptions & Limitations
2.3
Markets Structure
3
Market Research Methodology
3.1
Research Process
3.2
Secondary Research
3.3
Primary Research
3.4
Forecast Model
Continued…
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