“Global IoT Identity Access Management (IAM) Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the IoT Identity Access Management (IAM) Market by region.
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 2022-2031.
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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.
Major market players included in this report are:
AWS
Thales
IBM Corporation
Microsoft Corporation
Broadcom
Open Text
Cisco Systems
Ericsson
Oracle Corporation
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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
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the IoT Identity Access Management (IAM) market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide IoT Identity Access Management (IAM) market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global IoT Identity Access Management (IAM) market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global IoT Identity Access Management (IAM) market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global IoT Identity Access Management (IAM) market. It encapsulates indispensable insights extracted from the IoT Identity Access Management (IAM) Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global IoT Identity Access Management (IAM) market, including:
- What can be expected for the IoT Identity Access Management (IAM) market in the next decade?
- What are the primary drivers of growth in the global IoT Identity Access Management (IAM) market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the IoT Identity Access Management (IAM) market vary based on the size of the end market?
- What is the breakdown of IoT Identity Access Management (IAM) by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the IoT Identity Access Management (IAM) market?
Our most recent research report showcases the thriving expansion of the global IoT Identity Access Management (IAM) Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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