IOT- Identity Access Management Market 2019 Global Size, Share, Industry Key Features, Growth Drivers, Key Expansion Strategies, Upcoming Trends and Regional Forecast by 2022

“IOT- Identity Access Management Market”
The report on the global IOT- Identity Access Management market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

Innovation in terms of technology has given way to massive developments in the IOT identity access management industry in the past few years. Market reports linked to the semiconductors & electronics sector made available by Market Research Future along with published reports on other sectors have been recently published along with a report on this market. The industry is expected to earn revenues touching USD 20 Billion while expanding at an estimated CAGR of 16 percent approximately in the forecast period.

As security concerns have gained paramount importance lately, companies are diligently focusing and investing in Identity Access Management frameworks. Due to this factor, the significance of identity access management is rising as the IoT market segments have started to diversify. The upsurge in the integration of IoT in identity access management portals has made them more dynamic in maintaining activity logs and tracking user profiles which will provide further impetus to the growth of the industry through the forecast period.

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Major key Players

  • IBM Corporation (U.S.),
  • Microsoft Corporation (U.S.),
  • Hitachi, Ltd. (Japan),
  • EMC Corporation (U.S.),
  • Intel Security Group (U.S.),
  • Siemens AG (Germany),
  • Oracle Corporation (U.S.),
  • ARCON Tech Solutions (India),
  • Cloud Security Alliance (U.S.)
  • CA Technologies (U.S.)

According to MRFR, The global IOT- Identity Access Management Market is expected to grow from USD ~8 Billion in 2016 to USD ~20 Billion by 2022, at an estimated CAGR of ~16%.

Industry News

Device Authority which is a leader in Identity and Access Management (IAM) for the Internet of Things (IoT) on the global stage, today announced an integration partnership with Gemalto which has established its position as the global leader in digital security that will shorten the ‘security by design’ implementations for a reliable IoT ecosystem. The joint forces of the two companies are making it easier for enterprises, manufacturers, and service providers to build strong security into their IoT devices from the initial stages.

Oracle Named a Leader in the 2017 Gartner Magic Quadrant for Access Management, Worldwide

Oracle announced that it has been named a leader in Gartner’s inaugural “Magic Quadrant for Access Management, Worldwide 2017” Oracle Identity Cloud Service is a core part of Oracle’s Identity-based Security Operations Centre (SOC) framework that provides customers with an adaptive, machine learning-based security architecture.” It provides a general set of access management (AM) functionalities across multiple use cases, and in multiple geographies and industries.

Competitive Analysis

Contenders who are a part of the industry have devised their corporate strategy blueprint in a way that that can bring the best outcomes for development in the current scenario. With the ability to sustain their competitive edge being one of the primary factors driving their efforts, the scope for growth in the industry appears to be promising through the forecast period. The rising affinity for diversification in the market, has indirectly enabled the players to utilize the many prospects available. The companies in this particular industry are also trying to maintain and enhance financial liquidity that can be instrumental to invest in growth strategies as and when they become available.  This particular trend has enabled portfolio improvements along with the affinity for diversification in the sector, which has benefitted the market competitors tremendously in this industry.

Regional Analysis

The regional analysis of the IOT- identity access management industry includes regions such as North America, Asia Pacific, Europe and rest of the world. The North American market is anticipated to control the IOT- identity access management industry due to the swift adoption of mobile applications and cloud applications in the region. In the North American region, many federal government organizations are highlighting on the use of personal identification card for accessing government IT infrastructure which is also driving the IoT-identity access management industry in the region. The European region is estimated to develop due to the creation of policies by the government cyber authorities to guard confidential data. The Asia Pacific region is estimated to develop due to growing adoption of cloud based services by small and large organizations in developing nations like India and China.

Segmentation

Segmentation by Service: User provisioning, multi-factor authentication, directory services, password management, access management and single-sign-on (SSO) among others.

Segmentation by Deployment: on-cloud, on-premise and hybrid.

Segmentation by Organization Size: Small and medium enterprises (SME’s) and large enterprises among others.

Segmentation by End Users: IT & telecom, government, energy & utility services, education, retail & e-commerce, banking & financial services, media & entertainment and manufacturing among others.

Segmentation by Regions:  North America, Europe, APAC and Rest of the World.

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Intended Audience

  • Cyber security providers
  • System integrators
  • Government organizations
  • Resellers
  • Security service providers
  • Consultancy firms

LIST OF TABLES

TABLE 1 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY SERVICES

TABLE 2 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 3 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY INDUSTRY

TABLE 4 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY END USERS

TABLE 5 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET, BY REGIONS

Continued….

LIST OF FIGURES

FIGURE 1 RESEARCH NETWORK SOLUTION

FIGURE 2 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY SERVICES (%)

FIGURE 3 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY DEPLOYMENT (%)

FIGURE 4 GLOBAL IOT IDENTITY ACCESS MANAGEMENT MARKET: BY INDUSTRY (%)

Continued….

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