Global Identity and Access Management (IAM) Market 2015-2019
IAM is a solution that helps end-users to ensure that access across multiple technological environments is granted only to the right individuals. IAM solutions provide secure, identity-based access to various systems, applications, and information from any location. IAM solutions help enterprises manage security across various systems by permitting employees access with a single sign-on password. Thus, IAM solutions are able to avoid fraudulent activities, thereby preventing the misuse of data. Hence, IAM solutions are being widely adopted by large and medium-scale enterprises as well as government departments.
TechNavio's analysts forecast the Global Identity and Access Management market to grow at a CAGR of 12.90 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and growth prospects of the Global IAM market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following deployment models:
TechNavio Announces the Publication of its Research Report – Global IAM Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global IAM Market: CA Technologies Inc., Dell Inc., EMC2 Corp., IBM Corp., Oracle Corp. and Symantec Corp.
Other Prominent Vendors in the market are: Amazon Web Services, Atos, Aujas, Avatier, Courion, Covisint, Evidian, Gemalto, Good Technology, Lepide Software, McAfee, Microsoft, NetIQ, Okta, Omada, OneLogin, OpenIAM, OSIAM, SailPoint, SecurIT, Soffid IAM, Steria, Tata Consultancy Services and Verizon Enterprise.
Commenting on the report, an analyst from TechNavio’s team said: “Vendors are increasingly offering SaaS-based IAM solutions to increase their market share and they are gaining in popularity. These solutions offer benefits such as low initial investment and pay-per-use models.”
According to the report, increased demand from the BFSI sector is one of the key drivers of the market. This sector holds critical customer data; therefore, it needs a high level of security. Organizations in the BFSI sector adopt IAM solutions to reduce IT management costs, increase productivity, and ensure compliance.
Further, the report states that IAM solutions come with high implementation costs, such as the cost of obtaining licenses, system design and customization, implementation, training, and maintenance. The implementation takes a long time and changes after implementation drive up the cost even more.
CA Technologies , Dell , Emc , IBM, Oracle, Symantec , Amazon Web Services , Atos , Aujas , Avatier, Courion, Covisint , Evidian , Gemalto, Good Technology , Lepide Software, McAfee, Microsoft, NetIQ, Okta, Omada, OneLogin, OpenIAM, OSIAM, SailPoint,SecurIT, Soffid IAM, Steria