Global Dermatological Therapeutics Market | Size, Growth, Share (1)

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The Global Cloud Identity and Access Market to
Propel at 11.23 CAGR by 2028
Triton Market Research presents the Global Cloud
Identity and Access Market report segmented by
Services (Audit, Compliance, Governance Single
Sign-on Federated Provisioning Privileged
Access Management Directory Service Other
Services), by End-users (IT Telecommunication
BFSI Healthcare Media Retail Education
Other End-users), Deployment Model (Public
Private Hybrid), by Application (Small Medium
Enterprises, Large Enterprises), and by
Geographical Region (North America, Europe,
Asia-Pacific, Latin America, Middle East and
Africa), discussing Market Definition, Key
Insights, Drivers, Restraints, Opportunities,
Challenges, Porters Five Forces Analysis, Vendor
Scorecard, Market Attractiveness Index, Global
Market Size, Forecasts Analysis
(2019-2028). For Free Sample Report
Visit https//www.tritonmarketresearch.com/report
s/cloud-identity-and-access-management-
marketrequest-free-sample A Triton Market
Research report depicts that the Global Cloud
Identity and Access Market is developing at a
CAGR of 11.23 in terms of revenue during the
forecast period (2019-2028). The evolving hybrid
cloud deployment model and the rise in demand for
content streaming are creating lucrative
opportunities for the growth of this market.
However, the high cost of cloud-based identity
and access management is acting as a challenge
to market growth. The Asia-Pacific market is
expected to grow the fastest during the forecast
period, which can be attributed to the increase
in demand for cloud identity and access
management across various sectors. The region is
home to the growing economies of China and India,
as well as emerging Southeast Asian nations like
Indonesia and Thailand. The growth is further
fuelled by the growing demand from various
applications, rapid industrialization, and
increase in government expenditure. In 2016, an
estimated 60,040,396 identities were stolen in
China, Taiwan, Japan, and South Korea this
called for the adoption of IAM services across
several end-user industries. Enhanced adoption of
mobile payment services, coupled with usage of
weak passwords, has raised the need for
sophisticated identity and access management
systems. International Business Machines
Corporation, Microsoft, Oracle, Okta Inc,
Centrify Corporation, Sailpoint Technologies
Inc, Auth0 Inc, Dell Technologies, Cyberark
Software Limited, and Broadcom are some of the
key industry players. The cloud identity and
access management market is comprised of numerous
global and regional players, thus making it a
fairly contested market space. However, the
market is showing a gradual
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inclination towards the consolidation of smaller
contenders. Innovation will help them gain a
competitive advantage over their rivals. New
markets like Big Data or the IoT have reshaped
the security trends. Besides, given the firm to
concentration ratio, the industry is expected to
record high growth over the forecasting period.
This is partly due to several IT companies
consider the cloud IAM market as lucrative, and
want to consolidate their offerings. This market
poses relatively higher entry barriers to new
players. However, despite this, several new
players have been able to establish themselves in
the market. Contact Us sales_at_tritonmarketresearc
h.com Phone [phone]