According to the new research report published by Report Ocean, the global IoT Identity Access Management market size will reach US $$ billion by 2030 from US $$ billion in 2021, growing at a CAGR of % from 2022 to 2030.
The research report offers an in-depth analysis of the global IoT Identity Access Management market, with particular attention paid to its key players and their business strategies, geographic development, market segmentation, competitive environment, production, pricing, and cost structure.
The report studies each area of the essential components of the global market. It also covers the driving forces, constraints, trends, and opportunities of the market.
The report’s qualitative and quantitative analysis will assist businesses in conducting extensive research on the global market. It also highlights the SWOT analysis, PESTLE analysis, and Porter’s five strengths in the worldwide market.
The major companies in the global IoT Identity Access Management market are examined in terms of their market shares, most recent innovations, new product introductions, collaborations, mergers and acquisitions, and the markets they target.
Global IoT Identity Access Management (IAM) Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
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Market Overview
IoT Identity access management (IAM) is also known as identity management. It is a body of technologies and policies to enable appropriate access to technology resources for the right users and manage the identities of IoT devices. The rising frequency of cybersecurity breaches and cyberattacks, the growing integration of IAM with IoT Devices, and the rising imposition of regulatory policies for cyber security are the chief factors driving the global market growth.
For instance, as per Statista, in 2019, around 8.6 billion Internet of Things (IoT) connected devices were accounted, and it is projected to progressively grow and reach around 29.4 billion devices by 2030. Thereby, the surging adoption of the Internet of Things (IoT) is positively influencing market growth across the globe. However, rising cost and budget concerns of IoT IAM solutions and lack of security, expertise, and awareness hamper the growth of the market over the forecast period of 2022-2028. Also, the rising popularity of the BYOD trend and increasing penetration of biometric technologies through smartphones, laptops, and tablets are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global IoT Identity Access Management (IAM) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of BYOD in organizations and increasing adoption of IoT IAM based solutions and services. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising proliferation of internet, as well as the increasing number of cyber-attacks and security breaches, would create lucrative growth prospects for the IoT Identity Access Management (IAM) Market across the Asia-Pacific region.
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Major market players included in this report are:
- AWS
- Thales
- IBM Corporation
- Microsoft Corporation
- Broadcom
- Open Text
- Cisco Systems
- Ericsson
- Oracle Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
- Solutions
- Services
By Security Type:
- Network security
- Endpoint Security
- Application Security
- Cloud Security
- Other Security Types
By Deployment Mode:
- Cloud
- On-premises
By End-User:
- BFSI
- Automotive
- Healthcare
- Telecom and IT
- Public Sector and Utilities
- Retail and Consumer Goods
- Others
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By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Target Audience of the Global IoT Identity Access Management (IAM) Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Content
- Market Overview
- Market Dynamics
- Associated Industry Assessment
- Market Competitive Landscape
- Analysis of Leading Companies
- Market Analysis and Forecast, By Product Types
- Market Analysis and Forecast, By Applications
- Market Analysis and Forecast, By Regions
- Conclusions and Recommendations
- Appendix
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Exterior Architectural Coating Market
- Overview of the regional outlook of the Exterior Architectural Coating Market:
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