Identity & Access Management Market by Component (Provisioning, Directory Services, Password Management, S SO, and Audit, Compliance, and Governance), Organization Size, Deployment Type, Vertical (BFSI, Telecom & IT), and Region - Global Forecast to 2021

The identity & access management market is estimated to grow from USD 8.09 Billion in 2016 to USD 14.82 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.9% between 2016 and 2021. Major growth drivers of the market are rise in awareness about compliance management across various industries, increase in security concerns among organizations, and demand for mobility solutions.  The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.

Objectives of the study:

The main objective of this report is to define, describe, and forecast the identity & access management market on the basis of component, organization size, deployment type, vertical, and region. The report provides detailed information regarding factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze each submarket with respect to individual growth trends and contribution towards the overall market, and to analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders. The report forecasts the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa (MEA). The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as acquisitions, partnerships, new product development, and Research & Development (R&D) activities in the identity & access management market.

The research methodology used to estimate and forecast the market begins with capturing data on key vendors’ revenues through secondary research such as annual reports, press release, investor presentations, white papers, technology journal, and certified publications. Vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the identity & access management market from the revenues of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with the key people such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process, and to arrive at the exact statistics for all the segments and the subsegments. The breakdown of profiles of primaries is depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The identity & access management market comprises vendors such as IBM Corporation (U.S.), Oracle Corporation (U.S.), CA Technologies (U.S.), Microsoft Corporation (U.S.), Dell EMC (U.S.), NetIQ Corporation (U.S.), Okta, Inc. (U.S.), Hitachi ID Systems, Inc. (U.S.), and SailPoint Technologies (U.S.), among others. Other stakeholders of the market include identity & access management companies, technology service providers, and government & research organizations.

The target audiences of the identity & access management market report are:

• IT service providers and distributers
• Cyber security vendors
• Cloud service providers
• System integrators
• Value added resellers
• Identity & access management solution vendors

 “Study answers several questions for the stakeholders, primarily, which market segments to focus in the next two to five years for prioritizing the efforts and investments”.

Scope of the Report

The research report categorizes the identity & access management market to forecast the revenues and analyze the trends in each of the following subsegments:

By Component

• Provisioning
• Single Sign-On
• Advanced Authentication
• Audit, Compliance, & Governance
• Directory Services
• Password Management

By Organization Size

• Large Enterprises
• SMEs

By Deployment type

• On-premises
• Cloud

By Vertical

• BFSI
• Telecom and IT
• Healthcare and Life Sciences
• Retail and CPG
• Public Sector and Utilities
• Energy
• Manufacturing
• Education
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

• Product matrix gives a detailed comparison of product portfolio of each company.

Geographic Analysis

• Further breakdown of the North America identity & access management market
• Further breakdown of the Europe market
• Further breakdown of the Asia-Pacific market
• Further breakdown of the Middle East & Africa market
• Further breakdown of the Latin America market

Company Information

• Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Report
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Market Opportunities in the Identity & Access Management Market
    4.2 Market By Component
    4.3 Market By Organization Size
    4.4 Market By Deployment Type
    4.5 Market Top Three Verticals and Regions

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 By Component
           5.3.2 By Deployment Type
           5.3.3 By Organization Size
           5.3.4 By Vertical
           5.3.5 By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Rise in Awareness About Compliance Management
                    5.4.1.2 Increasing Demand for Mobility Solutions
                    5.4.1.3 Increase in Security Concerns Among Organizations
           5.4.2 Restraints
                    5.4.2.1 Lack of Knowledge About Identity & Access Management Solutions
                    5.4.2.2 Lack of Information Security of Consumer Data
           5.4.3 Opportunities
                    5.4.3.1 Increasing Cloud and SaaS Adoption
                    5.4.3.2 Growing Market Via Hybrid Cloud Model
           5.4.4 Challenges
                    5.4.4.1 Complex Integration Due to Diversified IT System Environment
                    5.4.4.2 Difficulty in Collaborating With Internet of Things
                    5.4.4.3 Inconvenience in Managing Distributed Workforce

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Strategic Benchmarking
    6.4 Technology Trends and Standards
           6.4.1 Introduction
           6.4.2 Standards and Regulations for Identity & Access Management Solution Deployment
           6.4.3 Health Insurance Portability and Accountability Act (HIPAA)
           6.4.4 Gramm-Leach-Bliley Act (GLBA)
           6.4.5 State-Level Legislation
           6.4.6 Payment Card Industry Data Security Standards (PCI DSS)
           6.4.7 International Traffic in Arms Regulations (ITAR)
           6.4.8 Sarbanes-Oxley Act (SOX)

7 Identity & Access Management Market, By Component (Page No. - 49)
    7.1 Introduction
    7.2 Provisioning
    7.3 Directory Services
           7.3.1 Storage
           7.3.2 Meta Directories
           7.3.3 Virtual Directories
    7.4 Single Sign-On
           7.4.1 Enterprise Single Sign-On
           7.4.2 Web and Federated Single Sign-On
    7.5 Advanced Authentication
    7.6 Password Management
           7.6.1 Self Service Password Reset
           7.6.2 Password Management for Privileged Users
    7.7 Audit, Compliance, and Governance

8 Identity & Access Management Market, By Organization Size (Page No. - 61)
    8.1 Introduction
    8.2 Small & Medium Enterprises (SMES)
    8.3 Large Enterprises

9 Identity & Access Management Market, By Deployment Type (Page No. - 65)
    9.1 Introduction
    9.2 Cloud
    9.3 On-Premises

10 Identity & Access Management Market, By Vertical (Page No. - 69)
     10.1 Introduction
     10.2 BFSI
     10.3 Telecom and IT
     10.4 Retail and Cpg
     10.5 Public Sector and Utilities
     10.6 Energy
     10.7 Education
     10.8 Manufacturing
     10.9 Healthcare and Life Sciences
     10.10 Others

11 Geographic Analysis (Page No. - 79)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia-Pacific
     11.5 Middle East & Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 99)
     12.1 Overview
     12.2 Competitive Situation and Trends
             12.2.1 New Product Launches
             12.2.2 Partnerships and Agreements
             12.2.3 Acquisitions
             12.2.4 Expansions
     12.3 Identity & Access Management (IAM) Market

13 Company Profiles (Page No. - 109)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Introduction
     13.2 IBM Corporation
     13.3 Microsoft Corporation
     13.4 Oracle Corporation
     13.5 CA Technologies
     13.6 Dell Emc
     13.7 Okta, Inc.
     13.8 Micro Focus (Netiq Corporation)
     13.9 Hitachi Id Systems, Inc.
     13.10 Sailpoint Technologies, Inc.
     13.11 Centrify Corporation
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
     13.12 Key Innovator
             13.12.1 Crossmatch
                        13.12.1.1 Business Overview
                        13.12.1.2 Push for Identity & Access Management Market
             13.12.2 Covisint Corporation
                        13.12.2.1 Business Overview
                        13.12.2.2 Push for Identity & Access Management Market
             13.12.3 Pirean Limited
                        13.12.3.1 Business Overview
                        13.12.3.2 Push for Identity & Access Management Market

14 Appendix (Page No. - 136)
     14.1 Industry Excerpts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details

List of Tables (73 Tables)

Table 1 Identity & Access Management Market Size, By Component, 2014–2021 (USD Million)
Table 2 Provisioning: Market Size, By Region, 2014–2021 (USD Million)
Table 3 Directory Services: Market Size, By Subsegment, 2014–2021 (USD Million)
Table 4 Directory Services: Market Size, By Region, 2014–2021 (USD Million)
Table 5 Storage: Market for Directory Services, By Region, 2014–2021 (USD Million)
Table 6 Meta Directories: Market for Directory Services, By Region, 2014–2021 (USD Million)
Table 7 Virtual Directories: Market for Directory Services, By Region, 2014–2021 (USD Million)
Table 8 Single Sign-On: Market Size, By Subsegment, 2014–2021 (USD Million)
Table 9 Single Sign-On: Market Size, By Region, 2014–2021 (USD Million)
Table 10 E-SSO: Identity & Access Management Market for Single Sign-On, By Region, 2014–2021 (USD Million)
Table 11 Web and Federated SSO: Market for Single Sign-On , By Region, 2014–2021 (USD Million)
Table 12 Advanced Authentication: Market Size, By Region, 2014–2021 (USD Million)
Table 13 Password Management: Market Size, By Subsegment, 2014–2021 (USD Million)
Table 14 Password Management: Market Size, By Region, 2014–2021 (USD Million)
Table 15 Self Service Password Reset: Market for Password Management, By Region, 2014–2021 (USD Million)
Table 16 Password Management for Privileged Users: Market for Password Management, By Region, 2014–2021 (USD Million)
Table 17 Audit, Compliance, and Governance: Market Size, By Region, 2014–2021 (USD Million)
Table 18 Identity & Access Management Market Size, By Organization Size, 2014-2021 (USD Million)
Table 19 SMES: Market Size, By Region, 2014-2021 (USD Million)
Table 20 Large Enterprises: Market Size, By Region, 2014-2021 (USD Million)
Table 21 Identity & Access Management Market Size, By Deployment Type, 2014-2021 (USD Million)
Table 22 Cloud: Market Size, By Region, 2014-2021 (USD Million)
Table 23 On-Premises: Market Size, By Region, 2014-2021 (USD Million)
Table 24 Identity & Access Management Market Size, By Vertical, 2014–2021 (USD Million)
Table 25 BFSI: Market Size, By Region, 2014–2021 (USD Million)
Table 26 Telecom and IT: Market Size, By Region, 2014–2021 (USD Million)
Table 27 Retail and Cpg: Market Size, By Region, 2014–2021 (USD Million)
Table 28 Public Sector and Utilities: Market Size, By Region, 2014–2021 (USD Million)
Table 29 Energy: Market Size, By Region, 2014–2021 (USD Million)
Table 30 Education: Market Size, By Region, 2014–2021 (USD Million)
Table 31 Manufacturing: Market Size, By Region, 2014–2021 (USD Million)
Table 32 Healthcare and Life Sciences: Market Size, By Region, 2014–2021 (USD Million)
Table 33 Others: Market Size, By Region, 2014–2021 (USD Million)
Table 34 Identity & Access Management Market Size, By Region, 2014–2021 (USD Million)
Table 35 North America: Market Size, By Component, 2014–2021 (USD Million)
Table 36 North America: Market for Directory Services, By Subsegment, 2014–2021 (USD Million)
Table 37 North America: Market for Single Sign-On, By Subsegment, 2014–2021 (USD Million)
Table 38 North America: Market for Password Management, By Subsegment, 2014–2021 (USD Million)
Table 39 North America: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 40 North America: Market Size, By Deployment Type, 2014–2021(USD Million)
Table 41 North America: Market Size, By Vertical, 2014–2021 (USD Million)
Table 42 Europe: Identity & Access Management Market Size, By Component, 2014–2021 (USD Million)
Table 43 Europe: Market for Directories, By Subsegment, 2014–2021 (USD Million)
Table 44 Europe: Market for Single Sign-On, By Subsegment, 2014–2021 (USD Million)
Table 45 Europe: Market for Password Management, By Subsegment, 2014–2021 (USD Million)
Table 46 Europe: Market Size, By Organization Size, 2014–2021(USD Million)
Table 47 Europe: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 48 Europe: Market Size, By Vertical, 2014–2021 (USD Million)
Table 49 Asia-Pacific: Market Size, By Component, 2014–2021 (USD Million)
Table 50 Asia-Pacific: Market for Directory Services, By Subsegment, 2014–2021 (USD Million)
Table 51 Asia-Pacific: Market for Single Sign-On, By Subsegment, 2014–2021 (USD Million)
Table 52 Asia-Pacific: Market for Password Management, By Subsegment, 2014–2021 (USD Million)
Table 53 Asia-Pacific: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 54 Asia-Pacific: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 55 Asia-Pacific: Market Size, By Vertical, 2014–2021 (USD Million)
Table 56 Middle East & Africa: Market Size, By Component, 2014–2021 (USD Million)
Table 57 Middle East & Africa: Market for Directory Services, By Subsegment, 2014–2021 (USD Million)
Table 58 Middle East & Africa: Market for Single Sign-On, By Subsegment, 2014–2021 (USD Million)
Table 59 Middle East & Africa: Market for Password Management, By Subsegment, 2014–2021 (USD Million)
Table 60 Middle East & Africa: Market Size, By Organization Size, 2014–2021(USD Million)
Table 61 Middle East & Africa: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 62 Middle East & Africa: Market Size, By Vertical, 2014–2021 (USD Million)
Table 63 Latin America: Market Size, By Component, 2014–2021 (USD Million)
Table 64 Latin America: Market for Directory Services, By Subsegment, 2014–2021 (USD Million)
Table 65 Latin America: Market for Single Sign-On, By Subsegment, 2014–2021 (USD Million)
Table 66 Latin America: Market for Password Management, By Subsegment, 2014–2021 (USD Million)
Table 67 Latin America: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 68 Latin America: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 69 Latin America: Identity & Access Management Market Size, By Vertical, 2014–2021 (USD Million)
Table 70 New Product Launches, 2014 - 2016
Table 71 Partnerships and Agreements 2014 - 2016
Table 72 Acquisitions, 2014–2015
Table 73 Expansions, 2013–2015

List of Figures (47 Figures)

Figure 1 Identity & Access Management Market: Research Design
Figure 2 Breakdown of Primaries: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Asia-Pacific Identity & Access Management Market Projected to Grow at the Highest CAGR From 2016 to 2021
Figure 7 Based on Component, the Provisioning Segment Accounted for the Largest Share of the Identity & Access Management Market in 2016
Figure 8 Based on Deployment, Cloud Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Based on Vertical, the Public Sector and Utilities Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 10 North America Accounted for the Largest Share of the Identity & Access Management Market in 2016
Figure 11 Increasing Demand for Mobility Solutions is Expected to Drive the Identity & Access Management Market During the Forecast Period
Figure 12 Based on Component, Provisioning Segment has the Highest Market Size in 2016
Figure 13 Based on Organization Size, the SMES Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 14 Based on Deployment Type, the Cloud Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Based on Vertical, the BFSI Segment Accounted for the Largest Share of the Identity & Access Management Market in 2016
Figure 16 The Identity & Access Management Market in Asia-Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Identity & Access Management Market Evolution
Figure 18 Market By Component
Figure 19 Market By Deployment Type
Figure 20 Market By Organization Size
Figure 21 Market By Vertical
Figure 22 Market By Region
Figure 23 Market Drivers, Restraints, Opportunities, and Challenges
Figure 24 Market Value Chain Analysis
Figure 25 Strategic Benchmarking: New Product Launches
Figure 26 Audit, Compliance, and Governance Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 SMES Segment Expected to Grow at A Higher CAGR During the Forecast Period
Figure 28 Cloud Segment Expected to Grow at A Higher CAGR During the Forecast Period
Figure 29 Public Sector and Utilities Segment to Grow at the Highest CAGR During the Forecast Period
Figure 30 Regional Snapshot (2016-2021): Asia-Pacific Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 North America: Snapshot
Figure 32 Asia-Pacific: Snapshot
Figure 33 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2016
Figure 34 Market Evaluation Framework
Figure 35 Battle for Market Share: New Product Launches Was the Key Strategy Adopted By the Companies During the Forecast Period
Figure 36 Vendor Comparision: Business Strategy
Figure 37 Vendor Comparision: Business Offering
Figure 38 Geographic Revenue Mix of Key Market Players
Figure 39 IBM Corporation: Company Snapshot
Figure 40 IBM Corporation: SWOT Analysis
Figure 41 Microsoft Corporation: Company Snapshot
Figure 42 Microsoft Corporation: SWOT Analysis
Figure 43 Oracle Corporation: Company Snapshot
Figure 44 Oracle Corporation: SWOT Analysis
Figure 45 CA Technologies: Company Snapshot
Figure 46 CA Technologies: SWOT Analysis
Figure 47 Dell EMC: SWOT Analysis

The identity & access management market is projected to grow from USD 8.09 Billion in 2016 to USD 14.82 Billion by 2021, at a CAGR of 12.9% during the forecast period. Growing emphasis on compliance management and increasing trend of mobility have driven the demand for identity & access management solutions in various sectors. Employees can use their devices from different locations these days. Moreover, the Bring Your Own Device (BYOD) approach is increasing the usage of mobile applications. Changing scenarios and distributed IT environments have made organizations susceptible to cyber threats, thereby fueling the demand for identity & access management solutions. This is expected to create market opportunities for identity & access management solution vendors during the forecast period.

The identity & access management market has been segmented on the basis of component into provisioning, directory services, Single Sign-On (SSO), password management, advanced authentication, and audit, compliance, and governance. The audit, compliance, and governance segment is expected to grow at the highest CAGR during the forecast period. The identity & access management market for advanced authentication is growing due to the rising concern for theft and data breaches of sensitive information from an organization’s electronic devices.

On the basis of deployment type, the identity & access management market has been segmented into on-premises and cloud. The cloud segment is expected to grow at the highest CAGR during the forecast period. Organizations convert fixed cost to variable cost, as customers have to pay according to the services they utilize. There is a rise in the deployment of cloud-based solutions, which will help to reduce physical infrastructure and maintenance cost, and enable 24×7 data accessibility from anytime, anywhere.

Based on organization size, the identity & access management market has been segmented into SMEs and large enterprises. However, the large enterprises segment is expected to lead the market due to the early adoption of identity & access management solutions. Factors such as huge volume of data and offices across different regions have risen the demand for identity & access management solution in large enterprises.

On the basis of vertical, the identity & access management market has been segmented into BFSI, telecom & IT, retail and CPG, public sector and utilities, energy, education, manufacturing, healthcare and life sciences, and others (transportation and logistics, media and entertainment). The public sector and utilities segment is expected to grow at the highest CAGR during the forecast period. The public sector and utilities vertical is deploying identity & access management solutions to help in providing identity and access management through all automated processes ensuring compliance and data protection with transparency.

The geographical analysis of the market has been carried out for five major regions, namely, North America, APAC, Europe, MEA, and Latin America. The Asia-Pacific identity & access management market is expected to grow at the highest CAGR during the forecast period. Countries in the Asia-Pacific region are funding and supporting local initiatives related to the digital world, which have assisted in the growth of the market in the region.

Lack of knowledge about identity & access management solutions and information security of consumer data are restraining the growth of the market. Businesses need to continuously engage with customers and educate them about their data security.

The IBM Corporation is the leading provider of identity & access management solutions and services. In the year 2014, the IBM Corporation adopted the strategy of acquisitions to strengthen its position in the identity & access management market. For instance, in August 2014, IBM acquired Lighthouse Security Group LLC, a cloud security services provider. This acquisition has helped IBM to combine its identity & access management offerings with the Lighthouse Security Group to provide full suite of identity management software and services.

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