Identity and Access Management Market Size, Share, Growth Report 2032

Identity and Access Management Market: Size

The global Identity and Access Management market size was worth around USD 18.30 billion in 2023 and is predicted to grow to around USD 67.04 billion by 2032 with a compound annual growth rate (CAGR) of roughly 15.52% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Identity and Access Management market on a global and regional level.

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Identity and Access Management Market: Overview

Identity and access management (IAM) is a supporting structure of business processes, technologies, and policies that allow the management of digital or electronic identities. With IAM structure, IT managers can manage user access to important information within their companies. IAM products also provide role-based access control that allows system administrators to provide access to networks or systems based on the roles of individual users.

The global identity and access management market is driven by the rapid increase in the adoption of advanced technologies. With the rise in digitalization, the organizations are opting for data-driven models, making the companies/organization more scalable and measurable, thereby driving the identity and access management market globally. The demand for identity and access management (IAM) is also supported by the rising adoption of bring your own device (BYOD) at the workplace and internet of things (IoT). Moreover, rising mobility and remote access are leading the organizations to opt and implement IAM solutions, which will further drive this global market. With the rigorous R&D activities, strong investments and rising demand for advanced products will further boost the identity and access management market globally. In addition, the compliance management is gaining acceptance amongst organization and is also propelling target market demand. However, the lack of knowledge about identity & access management solutions may hinder market demand in the projected period.

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Identity and Access Management Market: Segmentation

The study provides a crucial view of the identity and access management market by segmenting the market based on component, deployment type, vertical, and region. All the segments of identity and access management market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

On the basis of component, the password management segment is expected to hold a considerable market share of the identity and access management market over the forecast period. The demand for password management is rising due to the increased use in SMEs, for risk management environment, and stringent regulatory compliance. Moreover, these solutions also provide convenience to its users, in terms of changing passwords without IT intervention, eventually saving time and cost. Multinational companies are enhancing their security and offering to deliver better and enhanced services to customers.

Identity and Access Management Market: Report Scope

Identity and Access Management Market: Regional Analysis

The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe. The North American identity and access management market is anticipated to show positive growth during the projected period.

Identity and Access Management Market: Competitive Players

Some noticeable players of the global identity and access management market include:

• IBM Corporation
• Oracle Corporation
• CA Technologies
• Microsoft Corporation
• Dell EMC
• NetIQ Corporation
• Okta
• Hitachi ID Systems
• Sail Point Technologies

This report segments the global identity and access management market into:

Global Identity and Access Management Market: Component Analysis

• Single Sign-On
  • Enterprise Single Sign-On
  • Web and Federated Single Sign-On
• Directory Services
  • Storage
  • Meta Directories
  • Virtual Directories
• Advanced Authentication
• Audit, Compliance, and Governance
• Password Management
  • Self Service Password Reset
  • Password Management for Privileged Users

Global Identity and Access Management Market: Deployment Analysis

• On-Premises
• Cloud

Global Identity and Access Management Market: Vertical Analysis

• BFSI
• Telecom and IT
• Retail and CPG
• Public Sector and Utilities
• Energy
• Education
• Manufacturing
• Healthcare and Life Sciences
• Others

Global Identity and Access Management: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa