IAM market size to reach $26.74 bn by 2022: Global Market Insights Inc.

1. IAM market size to reach $26.74 bn by 2022

2. Global Market Scenario of IAM market size to reach $26.74 bn by 2022 • Identity & Access Management (IAM) market size is estimated to reach USD 26.74 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing need for advanced network capabilities accompanied by cloud-native architecture is likely to propel the industry demand over the few coming years. Surging implementation of this scheme by large and medium scale organizations as well as government agencies is predicted to boost Identity & Access Management (IAM) market growth from 2015 to 2022. • An organization’s operating efficiency can be improved by formulating a well-defined process to manage information access. In order to offer access to enterprise information for trading partners, customers, and employees, companies need to offer an enhanced infrastructure. • A large number of enterprises are unable to manage the security administration requirements of all users through manual measures owing to huge customer base. While automating, these enterprises divest the administrative costs to customers or end-users. Extranet Access Management (EAM) products are anticipated to play a key role in end-user self registration.

3. Continue..... • Unmanned systems exhibit low operating costs in comparison to manned counterparts. According to Association for Unmanned Vehicle Systems International (AUVSI), the direct operational cost involved in unmanned systems is around USD 3.36 per hour, while manned systems cost around USD 250 per hour to USD 600 per hour. • Automating the process aids in time-saving across wide areas, by reducing the time frame to approve access requests for approvals. It allows revenue producing contractors and employees get access to desired resources, thus improving the overall organizational efficiency. Additionally, enterprises produce reports for everyday security administration purposes. Obtaining the required information from a centralized facility would improve operational efficiency. • Surging use of mobile apps as well as cloud services in order to optimize cost and drive productivity is predicted to increase the complexity of IT. Growing usage of various types of applications and resources may also increase the complexity.

4. UK identity and access management market share by deployment, 2012 – 2022 (USD Million)

5. 360° Analysis • Deployment Analysis • Cloud IAM market share is anticipated to witness substantial growth and is estimated to exceed USD 5 billion by 2022. This model provides various benefits such as simplified management as well as reduced costs, along with no hardware or software deployment. Various applications including WebEx, Yammer, Box.net, and Google Apps are predicted to offer higher advantages over on-premise solutions. • Regional Analysis • U.S. IAM market size is expected to continue accounting for majority of the global revenue over the next few years. Surging demand for intensive R&D has led to the development of sophisticated high-end products, which are delivered for ease-of-use and to provide control to meet process requirements. • Competitive Market Share • Major industry players dominating IAM market share include CA Technologies, Amazon Web Services, OneLogin, Oracle, Centrify, Net IQ, Dell Software, ForgeRock Inc, HID Global Corporation, HP, IBM, and EMC Corporation. • Key strategies implemented by industry players to connect with cloud-based environment include scalability, enhancing security of critical data. • https://www.gminsights.com/industry-analysis/aerial-imaging-market

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