Global Cloud IAM Market
Report Highlights
Market Overview:
The Global Cloud IAM Market was valued at USD 1,367.24 million in 2016 and is projected to reach USD 10,483.86 million by 2025, growing at a CAGR of 25.4% from 2017 to 2025.
Identity and access management (IAM) is the process used in businesses and organizations to grant or deny employees and others authorization to secure systems. Cloud IAM is an integration of work flow systems with cloud that helps analyze and make security systems work effectively. Policies, procedures, protocols and processes are all linked to cloud IAM which have several advantages including business value and security enhancements, increased work productivity and a reduction in the IT staff's workload. Businesses use cloud IAM in order to comply with best practice standards, whether in healthcare, finance or other sectors.
Market Dynamics:
1. Market Drivers
1.1 Government Compliances
1.2 Increasing Cyber Attacks
1.3 Growing demand of Cloud Services
1.4 Increasing trend of BYOD
2. Market Restraints
2.1 Concerns for Data Security and Privacy over Cloud
2.2 Lack of Awareness
Market Segmentation:
The Global Cloud IAM Market is segmented on the basis of services, deployment model, vertical, organization size, and region.
1. By Services:
1.1 Governance and Compliance Management
1.2 Access Management
1.3 User Provisioning
1.4 Authentication
1.5 Password Management
2. By Deployment Model:
2.1 Private Cloud
2.2 Public Cloud
2.3 Hybrid Cloud
3. By Vertical:
3.1 BFSI
3.2 Healthcare
3.3 Media and Entertainment
3.4 Retail and E-commerce
3.5 Manufacturing
3.6 Telecommunication and IT
3.7 Others
4. By Organization Size:
4.1 Large Companies
4.2 Mid-sized Companies
4.3 Small Companies
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Rest of the World
Competitive Landscape:
The major players in the market are as follows:
1. CA Technologies
2. Sailpoint Technologies Inc.
3. IBM Corporation
4. Onelogin Inc.
5. EMC Corporation
6. Ping Identity Corporation
7. Intel Corporation
8. Centrify Corporation
9. Microsoft Corporation
10. Okta
11. Dell Inc.
12. Oracle Corporation
13. Hewlett Packard Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Cloud IAM Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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