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Identity and Access Management (IAM) Market Size
- Report ID: GMI176
- Published Date: Mar 2023
- Report Format: PDF
Identity and Access Management Market Size
Identity and Access Management (IAM) Market size exceeded USD 12 billion in 2022 and is expected to grow at 13% CAGR till 2032. This industry growth can be attributed to the exponential increase in the adoption of cloud computing services across multiple industries including BFSI, retail, and healthcare. For instance, the cloud computing market generated a revenue of over 450 billion in 2022 from cloud computing & related services and is likely to generate over USD 700 billion by 2030.
The design and operation of every business model are different in an organization, making it difficult to secure the entire organization with IAM solutions. Centralized IAM structures and processes cannot keep up with access control demands. According to our analysis for 2022, 88% of large-scale enterprises have independent business processes. It is difficult for cybersecurity organizations to establish an IAM infrastructure independently for every section of the business process and manage the risk & security compliances. This is a major factor restraining market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Identity and Access Management Market Size in 2022: | 12 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 15% |
| 2032 Value Projection: | 45 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 279 |
| Segments covered: | Solution, Deployment Model, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Identity and Access Management Market Scope
