The global Identity and Access Management (IAM) market is expected to reach a market valuation of $53.1 billion, according to a new research report.
The IAM market is also projected to grow at a Compound Annual Growth Rate (CAGR) of 13.7% from 2023 to 2032 according to the research report from Market.us.
The report, which provides analysis of the market dynamics, competitive environment, segmentation, and other key elements that affect the IAM market also identifies the top key market players that count Intel Corporation, Microsoft Corporation and IBM Corporation. Other IAM market players include Amazon Web Services Inc., Broadcom Inc., One Identity LLC, ForgeRock Inc., HID Global Corp., Oracle Corporation, and OneLogin Inc, according to the report that their sales, revenues, and strategies.
The IAM market is segmented into different types, including password management, multi factor authentication, audit, compliance, & governance, directory service, provisioning, and single sign-on. The market is also segmented by application, including education, healthcare, public sector and utilities, BFSI, energy, oil, & gas, IT & telecommunication, and manufacturing.
IAM has been a major trend in the world according to new business trends worldwide that reveals that the Identity And Access Management Market provides Maximum ROI, and these industries are the highest-earning worldwide and are expected to grow quickly, the report says.
“The SMART Objectives,” according to the report authors, “present solutions that enable businesses to make smart, fast, and precise business decisions to help them achieve their goals. The research of various service suppliers uncovers global business trends. The study examines in detail the impact of these key trends and discusses growth opportunities in different segments based on how these trends are shaping the Identity And Access Management market in the future.”
The report highlights the latest industry trends and their impact on the IAM market. It also provides solutions that enable businesses to make smart, fast, and precise business decisions to help them achieve their goals.
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