What to Expect: Future Trends in Identity and Access Management

This is why Identity and Access Management (IAM) solutions are gaining increasing prominence in 2020 for businesses to protect their interests and sensitive data from theft and violation.

While decentralized identity is yet to become a full-blown practice, passwords are still the prime source for protecting data, and IoT devices are continuously being hacked. In this scenario, we are yet to find a universal solution to manage online identities in both the government and the private sector.

Since the IAM space is continuously evolving, organizations identify new trends in Identity and Access Management to minimize data-breaches, meet regulatory requirements, and manage user identities to the utmost extent.

According to the research report published by Polaris Market Research, the Global Identity & Access Management (Iam) Market Is Anticipated To Reach USD 25.15 Billion By 2026, at a CAGR of 12.1% during the forecast period.

With various types of cyber-attacks possible, biometric information can be stolen and used for fraudulent operations. While a regular password can be changed if compromised, a user’s biometrics can’t be changed and permanent. To counterbalance this threat, the future trend would involve IAM, which relies on biometric data, to get an additional layer of security for protecting the biometric information.

The Top Key Players Profiled in this Report Are:

• HP
• Intel Corporation
• Okta Inc.
• Microsoft
• Dell
• Oracle Inc
• Siemens and NetIQ Corporation

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Report Overview

Identity & Access Management (Iam) market research report studies key opportunities in the market and influencing factors which is valuable for businesses. This analysis puts light on various segments that are relied upon to witness the quickest business development amid the estimated forecast frame. All the statistical and numerical data, which is calculated with the most established tools such as SWOT analysis, is represented with the help of graphs and charts for the best user experience and clear understanding. Identity & Access Management (Iam) market report provides a complete background analysis of the industry which includes an assessment of the parental market.

Market definition studies the market drivers and market restraints with which businesses can get an idea of whether to increase or decrease the production of a particular product. With the studies, insights and analysis mentioned in the Identity & Access Management (Iam) market report, a comprehensible idea about the marketplace can be obtained with which business decisions can be made quickly and easily.

Report Drivers & Trends Analysis

The report further highlights the factors driving and restraining the growth of the market along with their specific impact on the demand over the forecast period. Also, growth factors, developments, trends, challenges, limitations, and growth opportunities are several key dynamics emphasized in this report. This section pin-points changing dynamics and emerging Identity & Access Management (Iam) market trends. In addition, the study presents a futuristic perspective on various factors that are expected to enhance the overall growth of the market.

Prominent Industry Insights

The report assesses the latest technological advancements in this Identity & Access Management (Iam) industry. A variety of methodologies and analysis tools are utilized in the research to ensure accurate and comprehensive information about the market. For instance, it sheds light on in-depth insights on SWOT and PESTLE analysis on the basis of industry segmentations and regional developments. The report offers detailed segmentation by type, applications, and regions. Each segment study is given along with information about production and manufacturing throughout the forecast period. Analysis of these segments will aid in understanding the importance of the various factors supporting market growth.