Identity & Access Management Market to Hit 12.9% CAGR to 2021 Led by North America

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 CAGR of 12.9% between 2016 and 2021 while North America is expected to be the largest shareholder of the global market.

Companies are seeking ways to increase revenue by countering cyber security threats and addressing the issues of management, auditing, and compliance. Organizations of all sizes are focusing on analyzing sales and market saturation in specific territories and identifying gaps. Hence, there is a huge demand to integrate identity & access management solutions with other mainstream technologies, which is fueling the growth of the identity & access management market. However, lack of knowledge about identity & access management solutions is restraining the growth of the identity & access management market.

Complete report on identity & access management market spread across 145 pages, profiling 13 companies and supported with 73 tables and 47 figures is now available at .

Based on component, the provisioning segment accounted for the largest share of the identity & access management market in 2016.Provisioning provides employees, partners, clients, and other stakeholders with identity manageability features to manage automated provisioning and de-provisioning of computing resources. Provisioning solution are expected to be adopted in almost every industry vertical to facilitate digital identity creation, change, termination, validation, approval, propagation, and communication. Hence, the provisioning segment is projected to witness considerable growth during the forecast period.

Key vendors profiled in this research report 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.), SailPoint Technologies (U.S.) and Centrify Corporation (U.S.). Order a copy of 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 research report at .

The identity & access management market has been studied for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America. North America dominated the identity & access management market in 2016. The global cyber security market is dominated by North America, as the region is most affected by cyber-attacks. The increasing demand for innovative identity & access management solutions from various verticals including public sector and utilities, healthcare and life sciences, retail and CPG, and energy is expected to drive the identity & access management market in North America.

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