According to a new market research report published by Global Insight Services “ Identity as a Service Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Identity as a Service (IDaaS) is a cloud-based solution that provides identity and access management (IAM) capabilities as a subscription service. IDaaS solutions are typically delivered using a Software as a Service (SaaS) model and provide users with the ability to manage identities, authenticate users, and control access to applications and data.
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Top Key Players in Identity as a Service market: IDaptive LLC, Ping Identity, OneLogin, CA Technologies, SailPoint Technologies, Microsoft Corporation
Key Trends
The rise of biometrics: Biometrics, or the use of physical and behavioral characteristics to identify individuals, is becoming increasingly common as a means of authentication. This is due to the fact that biometrics are more difficult to spoof than other forms of authentication, such as passwords.
Key Drivers
There are several key drivers of the Identity as a Service market.Firstly, the increasing need for organizations to manage user identities across a variety of devices and platforms is driving demand for Identity as a Service solution.Secondly, the need to comply with regulations such as the General Data Protection Regulation (GDPR) is driving organizations to adopt Identity as Service solutions that offer robust security and privacy features.
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Market Segments
The identity as a service market is segmented by deployment, end-user, and region. By deployment, the market is classified into public cloud, private cloud, and hybrid cloud. Based on end-user, it is bifurcated into BFSI, telecom, IT, retail, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Reasons to buy Identity as a Service Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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