+91-8668442535

Identity Governance And Administration Market By Component Type (Solution and Services), By Services Type (Professional Services and Managed Services), By Deployment Type (Cloud and On-premises), By Industrial Vertical (BFSI, Government & Defense, IT & Telecommunications, Energy & Utilities, Manufacturing, Retail, Healthcare and other) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

"Growing Inclination of Business Organizations towards Identity & Access Management (IAM) to Bolster the Demand for Identity Governance & Administration Solution"

Global identity governance & administration market was valued at US$ 4.1 Bn in 2018 and expected to surge at a CAGR of 13.2% from 2019 to 2027. Identity theft across the world is rising at an alarming rate resulting in heavy financial losses to business organization. Identity governance and administration is fundamental building block of identity and access management (IAM) strategy. These tools manage access rights and digital identity across multiple systems by providing functions such as identity life cycle, access request, entitlement management, workflow management and policy & role management among several others. Evolving internal security and external compliance requirements expected to exert enormous pressure on organizations to regulate access to their systems and applications. This accomplished through combination of proactively preventing users from conflicting access rights and promptly identifying events of inappropriate assigned access. Identity management and governance solutions address such challenges by enabling centralized identity compliance policy management controls and automating the processes associated with meeting compliance & security demands.

Market Synopsis

Identity Governance & Administration Market

Get a sample copy for more information

"Services for Identity Governance & Administration to Witness Significant Demand Across the forecast Period"

In 2018, service segment was accounted to witness higher growth rate in overall global identity governance & administration market. Identity governance and administration services are critical to any organization, as it takes more than technology to get it right in real time applications. Pertaining to dynamic requirements of consumers, vendors are continuously aiming to offer customized services for efficient use of solution. Identity governance & administration services aim to support federated authorization, authentication and provisioning. Such services enable organizations to evade the expense of extending their own capabilities. However, emergence of cloud computing services has complicated the identity access management landscape, as control over access to sensitive data is difficult to maintain in such environment. Service providers allows reducing such infrastructure cost while supporting secure interaction with cloud computing environment. With growing trend towards cloud-based deployments, the service segment expected to witness significant growth across the forecast period. 

Identity Governance & Administration Market

Get a sample copy for more information

"North America Leads the Market; Asia Pacific to Emerge as the Fastest Growing Regional Market"

Presently, overall identity governance & administration market worldwide led by North America. The U.S. primarily backs the market growth of the region with established corporate sector. An organizations comprising thousands of employees that deal with several complex systems is to consider incorporating identity governance & administration for its IT and Information Security schemes. For an instance, over 80% of U.S. organizations having approximately 1,000 employees and more have confirmed the interest towards adopting identity governance & administration solution. Asia Pacific set to register the higher growth rate during the forecast period. This is majorly due to rapidly growing IT infrastructure across the region. Significant growth of internet usage across the region, including rapid increases in access across countries like Japan, China and India has also accompanied by significant increases in identity theft. With growing awareness for identity access management the region expected to witness profound growth throughout the forecast period.  

Identity Governance & Administration Market

Get a sample copy for more information

Some of the major players profiled in the report include Oracle Corporation, International Business Machines (IBM) Corporation, Sailpoint Technologies, Inc., SAP SE, CA Technologies, Microsoft Corporation, Evidian S.A., RSA Security LLC, NetIQ, One Identity LLC, Saviynt Inc., Hitachi ID Systems, Omada A/S, AlertEnterprise, Atos, Centrify, Ipsidy, Confluxsys LLC and others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

Identity governance & administration market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global identity governance & administration market based on component type, services, deployment type, industrial vertical and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Component Segment (2017–2027; US$ Bn)
 • Solution
 • Services

 Service Segment (2017–2027; US$ Bn)
 • Professional Services
   o Integration & Implementation Services
   o Training & Consulting Services
   o Support & Maintenance Services
 • Managed Services

 Deployment Type (2017–2027; US$ Bn)
 • Cloud
 • On-premises

 Industrial Vertical Segment (2017–2027; US$ Bn)
 • Banking, Financial Services & Insurance (BFSI)
 • Government & Defense
 • IT & Telecommunications
 • Energy & Utilities
 • Manufacturing
 • Retail
 • Healthcare
 • Others

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., France, Germany, Rest of Europe)
 • Asia Pacific (Japan, China, India, Rest of APAC)
 • Rest of the World (Latin America, Middle East and Africa)

Key questions answered in this report

  • What was the market size of identity governance & administration in 2018 and forecast up to 2027?
  • Which is the largest regional market for identity governance & administration?
  • What are the key market trends observed in the identity governance & administration market?
  • Which is the most occurring component type, services, deployment and industrial vertical type in identity governance & administration market?
  • Who are the key players leading the identity governance & administration market?
  • What are the key strategies adopted by the leading players in market?
  • What are the key identity access management trends across different geographies and sub-geographies?
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  May 2019
Category:  Technology & Media
Report ID:   59692
Report Format:   PDF
Pages:   120
Rating:    4.1 (49)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support