Global Identity and Access Management-as-a-Service (IDaaS) Market Forecast 2025 Report

Adroit Market Research
Global Identity and Access
Management-as-a-Service (IDaaS)
Market
Size 2017 by Vertical (Banking, Financial Services and
Insurance (BFSI), Healthcare, Telecom, Public Sector
and Others), by Region and Forecast 2018 to 2025
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Adroit Market Research
Global Identity And Access Management-as-a-Service (IDaaS) Market Size To
Cross USD 7 Billion By 2025
• The global identity and access management-as-a-service (IDaas) market size is projected to be worth USD 7.66 billion by
2025. The demand for identity and access management-as-a-service is expected to grow due to rising need of controlled
access systems in increasingly connected and vulnerable enterprises during the forecast period.
• Identity and access management-as-a-service is a framework that allows the cloud service provider to deliver identity and
access management in a public cloud. IDaaS is well-suited for industries and organization as it provides cloud features
including portability, and pay-per-use service. Organizations and industry participants are becoming more conscious about
the role of digital identity management as there is a steep rise in digital workforce. Remote workers who are located
outside the corporate network can also access different set of business processes, compounding the risk to organizations.
• Use of digital payment is increasing in the banking and financial sector. This in turn has resulted in a growing need for
security for the consumers as well as employees and to protect client data through identity and access management (IAM)
solutions. Advancing virtualization has resulted in a greater number of banking functions operating online while increasing
vulnerability to cyber-attacks. Consequently, the demand for IDaaS is expected to have a high potential growth in this
segment over the next few years.
• North America dominated the global identity and access management market in 2017. The key reason for high adoption in
North America can be attributed to increasing adoption of new trends such as bring-your-own-device (BYOD) that can be
used on-the-move. This has led to the increasing adoption of IDaaS patches to provide foolproof security to operations.
Asia Pacific is expected to grow at high CAGR during the forecast period.
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Global Identity And Access Management-as-a-Service (IDaaS) Market Size To
Cross USD 7 Billion By 2025
• The global identity and access management-as-a-service market is extremely competitive and comprises numerous agile
players. Launch of new cloud based products, updating the existing product, acquisitions, merger and expansions are the
few strategies implemented by the key players in the market.
• In January 2018, Ping Identity formed partnership with KPMG to deliver CIAM solutions to foster digital commerce and
digital transition initiatives for enterprises.
• In June 2018, InnovoCommerce formed a partnership with Exostar for high assurance, Single-Sign-On Access to the
investigatorFIRST Portal.
• In March 2016, Google Cloud Platform offered identity and access management roles for users. Cloud based IAM enables big
organizations and companies to give access to Google cloud infrastructure to certain people.
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Key segments of the global identity and access management-as-a-service
(IDaaS) market
Vertical overview, 2014–2025 (USD million)
• Banking, Financial Services and Insurance (BFSI )
• Healthcare
• Telecom
• Public sector
• Others
Regional overview, 2014–2025 (USD million)
• North America
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U.S.
Canada
• Europe
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UK
Germany
• Asia-Pacific
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China
Japan
• Rest of the world
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Adroit Market Research
Key segments of the global identity and access management-as-a-service
(IDaaS) market
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Key players analyzed
Microsoft
CA Technologies
IBM Corporation
Salesforce.com Inc.
Ping Identity Corporation
Centrify Corporation
Exostar
Google LLC
Fischer International Identity
Okta, Inc.
OneLogin Inc.
Oracle Corporation
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“Identity and Access Management-as-a-Service (IDaaS) Market”, this study is recently published by Adroit Market Research covering global market size.