Identity And Access Management (IAM) Market - Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Description
Market Overview
The global Identity and Access Management (IAM) market has demonstrated consistent growth and is projected to expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2032. Valued at USD 16,151.20 million in 2023, the market is expected to reach USD 62,382.09 million by 2032.
This growth is primarily driven by the increasing frequency and sophistication of cyber threats, prompting organizations to invest in comprehensive IAM solutions to enhance their cybersecurity frameworks. As cyberattacks and data breaches become more pervasive, the need for secure authentication, authorization, and access protocols becomes critical. Organizations are increasingly recognizing the financial, operational, and reputational risks posed by data breaches, leading to IAM’s adoption as a foundational component of their cybersecurity strategies.
Market Drivers
Evolving Cybersecurity Threat Landscape
The continuous advancement of cyber threats—including data breaches, phishing schemes, and ransomware attacks—is a major growth catalyst for the IAM market. Organizations across sectors are prioritizing the protection of digital identities and sensitive data, leading to the accelerated deployment of advanced IAM technologies. These solutions play an essential role in safeguarding access points, preventing unauthorized entry, and reducing exposure to cyber risks. The growing need for adaptive, intelligent, and resilient security systems further fuels demand for IAM platforms.
Market Restraints
Integration Challenges with Legacy Infrastructure
A significant constraint impacting the IAM market is the difficulty of integrating modern IAM systems with existing legacy technologies. Many organizations operate within complex IT environments that include outdated and fragmented infrastructure, complicating seamless IAM deployment. The integration process often demands extensive time, technical expertise, and financial resources. In some cases, it results in operational disruptions and user resistance, hampering adoption and slowing the realization of security benefits. Addressing these integration barriers is crucial for maximizing the effectiveness and scalability of IAM solutions.
Market Segmentation
By Component:
Provisioning: Automated Onboarding/Offboarding, Role Management
Authentication: Single Sign-On (SSO), Multi-Factor Authentication (MFA), Biometrics
Authorization: Access Control, Policy Management
Directory Services: LDAP (Lightweight Directory Access Protocol), Active Directory, Others
By Deployment Type:
On-Premises
Cloud-Based
Hybrid
By Organization Size:
Small and Medium Enterprises (SMEs)
Large Enterprises
By End-User:
BFSI (Banking, Financial Services, and Insurance)
Healthcare
IT and Telecom
Government
Energy and Utilities
Manufacturing
Retail
Others
By Service:
Professional Services: Implementation & Integration, Consulting, Support & Maintenance
Managed Services
By Region:
North America: U.S., Canada, Mexico
Europe: Germany, France, U.K., Italy, Spain, Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Southeast Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, Rest of Middle East & Africa
Key Players
The global IAM market is characterized by intense competition, with several leading players offering a range of innovative solutions. Prominent companies in the market include:
Amazon Web Services, Inc.
Broadcom
One Identity LLC
ForgeRock
HID Global Corp.
IBM
McAfee, LLC
Microsoft
Okta
OneLogin
Oracle
Ping Identity
SecureAuth
Evidian
Intel Corp.
Others
The global Identity and Access Management (IAM) market has demonstrated consistent growth and is projected to expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2032. Valued at USD 16,151.20 million in 2023, the market is expected to reach USD 62,382.09 million by 2032.
This growth is primarily driven by the increasing frequency and sophistication of cyber threats, prompting organizations to invest in comprehensive IAM solutions to enhance their cybersecurity frameworks. As cyberattacks and data breaches become more pervasive, the need for secure authentication, authorization, and access protocols becomes critical. Organizations are increasingly recognizing the financial, operational, and reputational risks posed by data breaches, leading to IAM’s adoption as a foundational component of their cybersecurity strategies.
Market Drivers
Evolving Cybersecurity Threat Landscape
The continuous advancement of cyber threats—including data breaches, phishing schemes, and ransomware attacks—is a major growth catalyst for the IAM market. Organizations across sectors are prioritizing the protection of digital identities and sensitive data, leading to the accelerated deployment of advanced IAM technologies. These solutions play an essential role in safeguarding access points, preventing unauthorized entry, and reducing exposure to cyber risks. The growing need for adaptive, intelligent, and resilient security systems further fuels demand for IAM platforms.
Market Restraints
Integration Challenges with Legacy Infrastructure
A significant constraint impacting the IAM market is the difficulty of integrating modern IAM systems with existing legacy technologies. Many organizations operate within complex IT environments that include outdated and fragmented infrastructure, complicating seamless IAM deployment. The integration process often demands extensive time, technical expertise, and financial resources. In some cases, it results in operational disruptions and user resistance, hampering adoption and slowing the realization of security benefits. Addressing these integration barriers is crucial for maximizing the effectiveness and scalability of IAM solutions.
Market Segmentation
By Component:
Provisioning: Automated Onboarding/Offboarding, Role Management
Authentication: Single Sign-On (SSO), Multi-Factor Authentication (MFA), Biometrics
Authorization: Access Control, Policy Management
Directory Services: LDAP (Lightweight Directory Access Protocol), Active Directory, Others
By Deployment Type:
On-Premises
Cloud-Based
Hybrid
By Organization Size:
Small and Medium Enterprises (SMEs)
Large Enterprises
By End-User:
BFSI (Banking, Financial Services, and Insurance)
Healthcare
IT and Telecom
Government
Energy and Utilities
Manufacturing
Retail
Others
By Service:
Professional Services: Implementation & Integration, Consulting, Support & Maintenance
Managed Services
By Region:
North America: U.S., Canada, Mexico
Europe: Germany, France, U.K., Italy, Spain, Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Southeast Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, Rest of Middle East & Africa
Key Players
The global IAM market is characterized by intense competition, with several leading players offering a range of innovative solutions. Prominent companies in the market include:
Amazon Web Services, Inc.
Broadcom
One Identity LLC
ForgeRock
HID Global Corp.
IBM
McAfee, LLC
Microsoft
Okta
OneLogin
Oracle
Ping Identity
SecureAuth
Evidian
Intel Corp.
Others
Table of Contents
192 Pages
- CHAPTER NO. 1 : INTRODUCTION
- 1.1.1. Report Description
- Purpose of the Report
- USP & Key Offerings
- 1.1.2. Key Benefits for Stakeholders
- 1.1.3. Target Audience
- 1.1.4. Report Scope
- CHAPTER NO. 2 : EXECUTIVE SUMMARY
- 2.1. Identity And Access Management (IAM) Market Snapshot
- 2.1.1. Identity And Access Management (IAM) Market, 2018 - 2032 (USD Million)
- CHAPTER NO. 3 : Identity And Access Management (IAM) Market – INDUSTRY ANALYSIS
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Market Opportunities
- 3.5. Porter’s Five Forces Analysis
- CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE
- 4.1. Company Market Share Analysis – 2023
- 4.2. Identity And Access Management (IAM) Market Company Revenue Market Share, 2023
- 4.3. Company Assessment Metrics, 2023
- 4.4. Start-ups /SMEs Assessment Metrics, 2023
- 4.5. Strategic Developments
- 4.6. Key Players Product Matrix
- CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS
- CHAPTER NO. 6 : Identity And Access Management (IAM) Market – BY By Component ANALYSIS
- CHAPTER NO. 7 : Identity And Access Management (IAM) Market – BY By Deployment Type ANALYSIS
- CHAPTER NO. 8 : Identity And Access Management (IAM) Market – BY By Organization Size ANALYSIS
- CHAPTER NO. 9 : Identity And Access Management (IAM) Market – BY By End-User ANALYSIS
- CHAPTER NO. 10 : Identity And Access Management (IAM) Market – BY By Service ANALYSIS
- CHAPTER NO. 11 : Identity And Access Management (IAM) Market – BY By Region ANALYSIS
- CHAPTER NO. 12 : COMPANY PROFILES
- 12.1. Amazon Web Services, Inc.
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio
- 12.1.3. Swot Analysis
- 12.1.4. Business Strategy
- 12.1.5. Financial Overview
- 12.2. Broadcom
- 12.3. One Identity LLC.
- 12.4. ForgeRock
- 12.5. HID Global Corp.
- 12.6. IBM
- 12.7. McAfee, LLC
- 12.8. Microsoft
- 12.9. Okta
- 12.10. OneLogin
- 12.11. Oracle
- 12.12. Ping Identity
- 12.13. SecureAuth
- 12.14. Evidian
- 12.15. Intel Corp.
- 12.16. Others
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