Identity & Access Management Market revenue to grow at a CAGR of 11.5% during next seven years

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Identity Access Management Market revenue to
grow at a CAGR of 11.5 during next seven years
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Identity and Access Management
(IAM) Market

• Identity and access management market size is
  forecast to be valued over USD 26 billion at a
  growing CAGR of 15 by 2022.
• The new report by Global Market Insights covers
  restraints, drives, opportunities and challenges
  in the market with comprehensive analysis of
  present and future market. Increasing demand for
  cloud-native architecture and advanced network
  capabilities are the top driving factors of the
  IAM market.
• IAM is a business security framework to ensure
  safe access to end users across manifold
  applications. A well defined process formulated
  to manage the information access highly improves
  the efficiency of any organization.
• IAM solutions help enterprises secure application
  systems with reduced time frame to permit access
  requests.

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Continued...

• Strict Government regulations and security
  standards, increased use of BYOT (Bring Your Own
  Technology) has led to boost the implementation
  of IAM services in IT telecom sector. Increased
  use of mobile apps and cloud services is
  predicted to add to the complexity of IT.
• Cloud IAM market share is anticipated to witness
  significant growth and is forecast to surpass USD
  5 billion in the predicted time frame.
• Several applications including Google Apps,
  WebEx, Box.net, and Yammer are expected to
  present higher benefits over on-premise
  solutions.
• The market has been analyzed on the basis of
  various regions. U.S. IAM market size is
  predicted to generate the majority of the global
  revenue in the next few years. Wide
  implementation of cloud by SMEs and advancement
  in enterprise IT infrastructure is expected to
  drive the Asia-Pacific IAM market to exhibit the
  fastest growth.

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UK identity and access management market share by
deployment, 2012 2022 (USD Million)

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Access Management (IAM) Market _at_
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360 Analysis

• Application Analysis
• Increasing adoption of these systems by
  government agencies as well as large and medium
  scale organizations is expected to positively
  impact IAM market size.
• Regional Analysis
• U.S. IAM market size is expected to continue
  accounting for majority of the global revenue
  over the next few years. Surging demand for
  intensive RD has led to the development of
  sophisticated high-end products, which are
  delivered for ease-of-use and to provide control
  to meet process requirements.
• Asia Pacific IAM market share is predicted to
  witness high growth due to surging deployment of
  IAM solutions along with rising cyber threats on
  critical infrastructure.
• Competitive Market Share
• Major industry players dominating IAM market
  share include CA Technologies, Amazon Web
  Services, OneLogin, Oracle, Centrify, Net IQ,
  Dell Software, ForgeRock Inc, HID Global
  Corporation, HP, IBM, and EMC Corporation.
• Key strategies implemented by industry players to
  connect with cloud-based environment include
  scalability, enhancing security of critical data,
  ease of mobility, and smooth authentication
  authorization.

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