NetIQ

Mar 30, 2023

•        In January 2022, there was a demand for 435,000 cybersecurity specialists in the US •        The largest identity & access management company in 2021 was Okta Inc. Insights into Segmentation Analysis The global identity and access management market is segment based on - Component, Deployment Mode, Vertical, Solution, and Region. Concerning the ‘Component’ market segmentation aspect, the ‘Solutions’ sub-segment accounted for the majority share as they are the core components of IAM and include tools for access management, identity governance and administration, identity analytics, etc. With respect to ‘Deployment Mode,’ the on-premises sub-segment was the largest shareholder; however, the cloud-based sub-segment is slated to index considerable growth in the future. In terms of ‘Industry Vertical,’ the BFSI sub-segment was the frontrunner owing to the need for compliance and security in this industry. Key Report Highlights •        However, the cloud-based deployment type is expected to index a higher CAGR •        The BFSI vertical accounted for a 25-30% share of the IAM market in 2020 Insights into Regional Analysis As per findings in a study conducted by Fairfield Market Research, North America is expected to account for the largest market share, regionally speaking. This can be attributed to the presence of robust infrastructure and the adoption of cyber technology. Moreover, this region is plagued by a high prevalence of cybersecurity incidents. However, owing to the increasing adoption of digital transformation, cloud computing, and the IoT (Internet of Things), the Asia Pacific region is slated to index the highest CAGR over the forecast period. “Although technological advancements are expected to positively influence the implementation of identity and access management solutions, these very same innovations increase the potential for unwanted breaches among an ever-growing target market,” noted an analyst at Fairfield Market Research. Prominent nations in the Asia Pacific’s identity and access management market include China, Japan, India, and Australia. Key Market Players Microsoft Corporation, SailPoint Technologies Inc., Oracle Corporation, Dell EMC, IBM Corporation, Hitachi ID Systems Inc., CA Technologies, Micro Focus (NetIQ Corporation), Centrify Corporation, and Okta Inc., constitute some of the major competitors steering the competitive landscape of global identity and access management market. Key Players Microsoft Corporation, SailPoint Technologies Inc., Oracle Corporation, Dell EMC, IBM Corporation, Hitachi ID Systems Inc., CA Technologies, Micro Focus (NetIQ Corporation), Centrify Corporation, and Okta Inc. Do You Have Any Query or Specific Requirement? Request for Custom Research: https://www.fairfieldmarketresearch.com/report/identity-access-management-market/request-customization REPORT SCOPE Key Players Microsoft Corporation, SailPoint Technologies Inc., Oracle Corporation, Dell EMC, IBM Corporation, Hitachi ID Systems Inc., CA Technologies, Micro Focus (NetIQ Corporation), Centrify Corporation, and Okta Inc. Learn More About the Report Inclusions, and Research Methodology: https://www.fairfieldmarketresearch.com/report/identity-access-management-market/more-information About Us Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness. Contact