The global identity and access management (IAM) market size is expected to reach USD 24.12 billion by 2025, at a CAGR of 13.1% over the forecast period according to a new report by Grand View Research, Inc. Rising investment by government and private organizations on security solutions in order to curb the growing incidences of identity theft and to implement regulatory compliances are expected to keep the market growing in the coming years. In addition to these, the growth of web-based applications, risk management such as policy-based compliance and audit management are anticipated to be the key factors driving IAM demand.
COVID-19 & Its Impact
The arrival of pandemic on the world stage proved to be a terrible world event for the markets. It adversely affected several industries and IAM industry was also affected by it. It suffered a decline in growth however, as the months passed by and the industries adopted WFH model and started working online efficiently, IAM market received a fresh set of demands. This led to better growth for the market and is expected to drive the market growth in the coming years.
Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam
Identity And Access Management Market Report Highlights
For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam/request/rs1
Identity And Access Management Market Segmentation
Grand View Research has segmented identity and access management market on the basis of component, deployment, end-use, and region:
Identity and Access Management (IAM) Component Outlook (Revenue, USD Million, 2015 – 2025)
Identity and Access Management (IAM) Deployment Outlook (Revenue, USD Million, 2015 – 2025)
Identity and Access Management (IAM) End Use Outlook (Revenue, USD Million, 2015 – 2025)
Identity and Access Management (IAM) Regional Outlook (Revenue, USD Million 2015 – 2025)
Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/479/ibb
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1888202951Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United StatesCity: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam