Cloud Identity & Access Management Software Market Study, 2020 – Single Sign-on & Federated Provisioning Expected to Witness the Highest…

DUBLIN, March 25, 2020 /PRNewswire/ -- The "Cloud Identity and Access Management Software Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

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The global cloud identity and access management (CIAM) software market was valued at USD 2,925.55 million in 2019, and is expected to reach a value of USD 8,127.7 million by 2025, at a CAGR of 18.77% over the forecast period (2020-2025).

Cloud identity and access management (IAM) technology is used to initiate, capture, record, and manage multiple user identities and their access permissions. All users are authenticated, authorized, and evaluated, according to the company policies and their respective roles.

Cloud technology is changing the way businesses work, driven by the cost efficiencies and economies of scale. However, lack of proper security measures can undermine the benefits of cloud computing. This calls for a fundamental need for security solutions, including security for identity-related crimes, and hence, drives the market for cloud identity and access management.

Among the types of cloud deployment being used in the market, public cloud accounted for the largest market share, owing to their increased adoption across different verticals. However, hybrid cloud deployment is expected to witness the highest CAGR over the forecast period, because of growing adoption among small- and medium-sized enterprises.

Increasing penetration of mobiles and tablets has enabled employees to connect to the enterprise network through their mobiles and laptops. Instead of using their old office desktops, employees like to use their own devices in enterprises, which increases the need for cloud identity and access management software, and hence drives the market studied.Key Market Trends

Single Sign-on (SSO) and Federated Provisioning is Expected to Witness the Highest Growth

North America Occupies the Largest Market Share

Competitive Landscape

The cloud identity and access management market comprises of several global and regional players, a moderately-contested market space. However, the market is shifting toward consolidation of various smaller players. Several market players are gaining sustainable competitive advantage in the market through innovations. Some of the major players in the market are IBM Corporation, Microsoft Corporation, and Oracle Corporation, among others.

Key Topics Covered

1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS4.1 Market Overview4.2 Introduction to Market Drivers and Restraints4.3 Market Drivers4.3.1 Increasing Number of Security Breaches and Related Costs4.3.2 Increasing Trend of Using BYODs in Enterprises4.4 Market Restraints4.4.1 Vulnerability of Cloud-based Applications to Cyber Risks4.5 Value Chain Analysis4.6 Industry Attractiveness - Porter's Five Forces Analysis4.6.1 Threat of New Entrants4.6.2 Bargaining Power of Buyers/Consumers4.6.3 Bargaining Power of Suppliers4.6.4 Threat of Substitute Products4.6.5 Intensity of Competitive Rivalry

5 TECHNOLOGY SNAPSHOT

6 MARKET SEGMENTATION6.1 By Size of Organization6.1.1 SMEs6.1.2 Large Organization6.2 By Type of Solution6.2.1 Audit, Compliance, and Governance6.2.2 Single Sign-on (SSO) and Federated Provisioning6.2.3 Privileged Access Management6.2.4 Directory Service6.2.5 Other Types of Solution6.3 By Type of Deployment6.3.1 Public6.3.2 Private6.3.3 Hybrid6.4 By End-user Vertical6.4.1 IT and Telecommunication6.4.2 BFSI6.4.3 Healthcare6.4.4 Entertainment and Media6.4.5 Retail6.4.6 Education6.4.7 Other End-user Verticals6.5 Geography6.5.1 North America6.5.2 Europe6.5.3 Asia-Pacific6.5.4 Latin America6.5.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE7.1 Company Profiles7.1.1 Cyberark Software Ltd.7.1.2 Broadcom Inc. (CA Technologies)7.1.3 IBM Corporation7.1.4 Microsoft Corporation7.1.5 Oracle Corporation7.1.6 Okta Inc.7.1.7 Centrify Corporation7.1.8 Sailpoint Technologies Holdings Inc.7.1.9 Auth0 Inc.7.1.10 Dell Technologies Inc.

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/rpqtnd

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Cloud Identity & Access Management Software Market Study, 2020 - Single Sign-on & Federated Provisioning Expected to Witness the Highest...