Identity as a Service Market, Growth Projections Organization Size CAGR And Industry Emerging Demands by Scenario Forecast Till 2027 | Market Research Future
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Market Synopsis
With
things going haywire, Market Research Future (MRFR) analyzes vital points to
make sure that the businesses around the globe in the global Identity
As A Service (Idaas) Market 2020 are entirely prepared to tackle potential
implications caused by COVID-19 pandemic. MRFR, from its study, estimates that
the global utility asset management market 2020 can reach its target to get at
least 18.4% CAGR during the forecast period 2017-2023. The valuation to record
could record USD 10.8 Billion by 2024.
MRFR has
identified in its study that a boost in the security matters in the public and
private sector, demand for cloud-based security solutions and services across
the IT infrastructure, and mandating regulatory and data protection laws. These
are some of the factors expected to drive the development in the Global
Identity-as-a-Service (IDaaS) Market.
The study
predicts that gone are the days when the Internet of Things (IoT) was the 'next
big thing' in the industrial landscape. The rise of 'Industry 4.0' has
hard-pressed businesses towards the actual next big thing that is the Identity
of Things (IDoT). Thus, the risen adoption of IoT has caused a stir in the technical,
business approach of end-users, and the explosion in the number of
IoT-connected devices has triggered severe concerns about identity and access
management. The demand for identity-as-a-service (IDaaS) has surged
tremendously in the past decade, as the need for identity management platforms
such as IDoT, for IoT initiatives, has intensified globally.
To add in this, the identity as a service market is witnessing exponential
growth, as businesses are incorporating IoT carefully with essential business
operations, and this has bolstered the necessitate for a fresh approach towards
identity management processes. Also, with the advent of next-generation
technologies, comprising Artificial Intelligence (AI) and cloud computing, the
identity as a service market has emerged as a multibillion-dollar landscape in
the last few years, that will continue with the stream of growth post-COVID-19
pandemic
Therefore, sensing the enormous growth potential for the providers of
identity-as-a-service in the IoT-driven industrial ecosystem, MRFR offers
exclusive insights on how to expand the business after long term impact of
COVOD-19 outbreak and highly-profitable landscape.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7928
Market Segmentation
MRFR's new
study offers segmental information about the identity-as-a-service market and
its competitive landscape. The segmentation has been done across service,
organization size, deployment, and vertical segments.
In terms
of the service segment, the global market has included access, identity
governance & administration, and intelligence.
In terms
of organization size segment, the global IDaaS market includes small- and medium-sized
enterprises (SME) and large enterprises.
In terms of the deployment segment, the global IDaaS market has included public
cloud, private cloud, and hybrid.
In terms
of vertical segment, the global IDaaS market has included financial services,
banking, and insurance (BFSI), retail and CPG, IT and telecommunication,
manufacturing, energy and utilities, healthcare and life sciences,
government and defense, transportation, and others.
Regional Analysis
North America IDaaS
market is expected to secure the highest global market size in the forecast The
geographic scrutiny of the global IDaaS market has been done for critical
regions of Europe, Asia-Pacific, North America, and the rest of the world.
North
America region is anticipated to score the prevalent market size in the
assessment period. The US leads the market in North America owing to the early
adoption of DevSecOps practices for identity and access management and strict
government directives for data protection. The mounting cyber threats and
swelling demand for reliable identification and authentication solutions on the
cloud are motivating the IDaaS market growth in the region.
With this, the Asia-Pacific region is expected to be the fastest expanding
market in the global IDaaS market during the assessment period. The emergent
adoption of the BYOD trend and IoT across verticals and rising awareness among
enterprises over security in developing economies in Asia-Pacific are some of
the foremost opportunities for the IDaaS market in Asia-Pacific.
Key Players
MRFR identified some
notable players of the global Okta, Inc. (US), Avatier (US), OneLogin, Inc (US), Microsoft
Corporation, (US), Centrify Corporation (US), Fischer Identity (US), iWelcome
(Netherlands), Oracle Corporation (US), LoginRadius (Canada), Ping Identity
(US), IDaptive, LLC. (US) VMWare (US), and Ubisecure, Inc. (Finland) are
identified as leading industry players across different regions.
Access Report Details @ https://www.marketresearchfuture.com/reports/identity-service-market-7928
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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