Global Physical Identity and Access Management Market 2019 – Industry Analysis, Size, Share, Strategies and Forecast to 2025

1
Physical Identity and Access Management Market

• Size by Component (Software and Services),
  Organization Size (Large organization and Small
  Medium Organization), Industry Vertical (IT
  Telecom, BFSI, Retail, Healthcare, Government
  Defense, and Others), and by Region, Global
  Forecast, 2018 to 2025

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2
Physical Identity and Access Management Market
Size and Share 2025

• Increasing demand from organizations for diverse
  security systems to streamline security
  management is the major factor driving the demand
  for physical identity and access management
  market
• The global physical identity and access
  management market size is expected to reach over
  USD 1 billion by 2025, at a CAGR of over 13. The
  physical identity and access management systems
  offer a completely efficient and automated
  management option along with a single point of
  control to the industrial and corporate security
  landscape. The factors such as growing need to
  streamline business security and access
  management are the key factor boosting the for
  physical identity and access management software
  and services.
• The existing and future physical identity and
  access management market developments are defined
  to determine the attractiveness of the market.
  Key impacting factors highlight the physical
  identity and access management market
  opportunities throughout the forecast period.
  Factors such as increasing strict government
  regulations and compliance related to security.
  In addition, increasing demand from organizations
  for diverse security systems to streamline
  security management of an entire organization or
  business is the key factor driving the market
  demand globally. However, the lack of awareness
  about advanced security solutions among various
  businesses and enterprises is expected to hamper
  the market growth. Furthermore, the increased
  adoption of physical access control systems is
  anticipated to create lucrative opportunities for
  the global physical identity and access
  management market in upcoming years.

3
Physical Identity and Access Management Market
Size and Share 2025

• The report also highlights numerous aspects of
  the global physical identity and access
  management industry by evaluating the market
  through value chain analysis. Besides, the report
  covers numerous qualitative aspects of the
  physical identity and access management industry
  in market drivers, restraints, and key industry
  opportunities. Furthermore, the report offers a
  complete assessment of the market rivalry along
  with company profiling of local as well as global
  vendors.
• The physical identity and access management
  market has strong competition among the
  well-established as well as new emerging players.
  Also, the physical identity and access management
  industry players are targeting prospective
  markets to capture a competitive advantage over
  the other industry players by forming agreements,
  mergers acquisitions, acquiring new startups
  other companies, forming collaboration and
  partnerships, and expanding their business
  presence.
• Based on industry vertical, the market is
  bifurcated into IT telecom, BFSI, retail,
  healthcare, government defense, and others. In
  2019, the BFSI segment captured the highest
  market revenue and is anticipated to dominate the
  physical identity and access management market
  throughout the forecast period. The dominance of
  this segment is mainly attributed to increasing
  rigorous authorization and authentication
  procedures across the financial sector. On the
  contrary, the healthcare industry is anticipated
  to gather the highest growth rate throughout the
  forecast period.

4
Physical Identity and Access Management Market
Size and Share 2025

• Component Overview, 2018-2025 (USD Billion)
• Software
• Services
• Organization size Overview, 2018-2025 (USD
  Billion)
• Large organization
• Small Medium Organization
• Industry Vertical Overview, 2018-2025 (USD
  Billion)
• IT Telecom
• BFSI
• Retail
• Healthcare
• Government Defense
• Others

5
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