Identity as a Service Market Forecast 2022–2032: Growth Trends and Insights

The Global Identity as a Service Market Size is expected to reach USD 47.8 Billion by 2032, at a CAGR of 21.5% during the forecast period 2022 to 2032.

The Global Identity as a Service Market Size is expected to reach USD 47.8 Billion by 2032, at a CAGR of 21.5% during the forecast period 2022 to 2032.

Identity as a Service (IDaaS) is a cloud-based solution that automates identity and access management tasks, improving security and efficiency. It helps manage user authentication, permissions, and access control while preventing unauthorized access to sensitive data. By centralizing these services in the cloud, IDaaS reduces business risks, saves time, and is easier to implement, making it an effective solution for controlling user access to resources and ensuring compliance.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Identity as a Service market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

IBM Corporation Oracle Corporation Microsoft Corporation Google LLC Atos SE Ping Identity Corporation OneLogin Inc. Salesforce Inc. CA Technologies, Inc. SailPoint Technologies Inc.

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:

Component Analysis

  • Single Sign-on (SSO)
  • Multi-factor Authentication (MFA)
  • Provisioning
  • Privacy Management
  • Password Management
  • Others

Deployment Analysis

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

In May 2022, Microsoft introduced Microsoft Entra, a new product. A solution called Microsoft Entra Permissions Management was developed to allow users and workload identities access to permissions. To apply the principle of least privilege and keep a top-down view of identities across all cloud services, including Microsoft Azure, Amazon Web Services, and Google Cloud Platform, it enables security teams a mechanism to effectively discover unused and excessive permissions.

Regional Analysis for Identity as a Service Market:

✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Identity as a Service market?
➥ What is the market growth rate of the Identity as a Service market?
➥ What are the Identity as a Service market opportunities and threats faced by the vendors in the global Identity as a Service Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Identity as a Service market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

Unlock the full report now! @ https://www.sphericalinsights.com/reports/identity-as-a-service-market

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Akanksha Bhoite

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