Identity and Access Management Market Share
                     Market Highlights 
Identity and access management is the methodology of managing digital identities. It helps control 
user access to critical information within organizations. IAM comes under the overarching umbrella 
of IT security and is vital to any organization. IAM has become a fundamental security tool, and its 
market is proliferating with a torrid pace. Market Research Future (MRFR) has published a 
comprehensive report on the global identity and access management market covering the pertinent 
factors that can impact the market over the forecast period of 2016-2022. MRFR's thorough 
analysis has predicted the market to reach a CAGR of 24% Bn at a CAGR of 16% over the forecast 
period. 
Most organizations these days accommodate a broad user base, including employees, suppliers, 
contractors, partners, and others, and each user has specific systems and asset needs, managing 
which can be tedious. Moreover, ensuring that the right users have access to the right resources is 
of paramount importance. IAM helps ensure that critical data and applications are inaccessible to 
unauthorized users. Thus, the complex business environment is fueling the growth of the IAM 
market.  
IAM can help to customize the user experience based on the record of previous experiences. 
Growing penetration of automation across enterprises and high adoption rate of IAM among large 
enterprises has catalyzed the growth of the market.  IT managers across various organizations are 
progressively adoption IAM to safeguard their information critical to the organization from 
reaching malicious sources. The market expansion is further propelled by rising cloud adoption and 
the trend of BYOD which exposes businesses to the threat of data breach. Moreover, with various 
players vying for superiority over the market, the market has witnessed several strategic moves by 
players which include M&A, new product launches, acquisition, and others which can boost the 
growth of the market over the forecast period.  
Conversely, the growth of the market might be hindered by high implementational cost and the lack 
of technical knowledge.  
Segmentation: 
The global identity access management system market share has been segmented based on 
deployment, organization, and vertical. 
By deployment, the identity and access management system market has been segmented into on-
cloud and on-premise. The on-cloud segment has been further segmented into public, private, and 
hybrid. 
By organization size, the identity and access management system market has been segmented into 
small & medium enterprises and large enterprises.  
By vertical, the identity and access management system market has been segmented into banking, 
financial services, and insurance (BFSI), manufacturing, IT & Telecommunication, government, 
healthcare, and others. 
Regional Analysis: 
Region-wise, the identity, and access management system market has been segmented into North 
America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). 
North America is the leading identity and access management market. The growth of the market in 
the region can be credited to the technology-savvy nature of the region, which leads to fast 
adoption of various advanced solutions. Various federal agencies in the region have necessitated 
the use of personal identification card for accessing government premises which has added fuel to 
the growth of the market. Furthermore, the clustering of various major market players in the region 
helps North America gain precedence over other markets.  
Europe identity and access management market are driven by similar factors as that of North 
America. The prolific growth of the BFSI sector creates lucrative growth opportunities for the 
market. Moreover, massive investment in R&D activities proves to be beneficial for the growth of 
the market.  
The APAC identity and access management market is estimated to capture the highest CAGR over 
the forecast period. The expanding semiconductor and manufacturing industries in the region are 
fostering the growth of the market. China, India, Taiwan, and South Korea are the key contributors 
to the APAC market.  
Competitive Landscape 
Siemens AG (Germany), Oracle Corporation (U.S.), ForgeRock Inc. (U.S.) , CA Technologies (U.S.), HP 
(U.S.), F5 Networks (U.S.), Amazon Web Services (U.S.), IBM (U.S.), Dell Inc. (U.S.), and Microsoft Inc. 
(U.S.) are the key players in the global identity and access management market.  
Industry Updates 
June 2019 - Optiv Security and SailPoint Technologies Holdings, Inc., have collaborated to offer 
Governance-as-a-Service software.