Global Identity and Access Management Market (IAM) Demand to 2019 Driven by BFSI Sector

DALLAS, February 25, 2015 /PRNewswire/ --

ReportsnReports.com offers Global Identity and Access Management (IAM) Market 2015-2019 research report of 117 pages that considers revenue generated from the sales of deployment models like Cloud-based and On-premises.

Identity as a Service manages access to applications on the cloud as well as legacy on-premises applications. This enables enterprises to provide access to specific users through a secure portal. To calculate the Identity and Access Management market (IAM) size, the report considers revenue generated from the sales of the following deployment models: Cloud-based and On-premises.

Analysts forecast the Global Identity and Access Management market to grow at a CAGR of 12.90% over the period 2014-2019. This report covers the present scenario and growth prospects of the Global IAM market for the period 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.

Key Market Drivers of this report - Increased Demand from BFSI Sector, Demand for Operational Efficiency, Adoption of BYOD Policy and Need to Manage Cloud-based Applications. Key Market Trends - Availability of SaaS-based IAM Solutions, Increased Demand from SMEs, Emergence of IDaaS and Integration with Other Security Components.

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Report recognizes the following companies as the key players in the Identity and Access Management (IAM) Market are CA Technologies, Dell, Emc, IBM, Oracle and Symantec

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 and Steria

Global Identity and Access Management (IAM) Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, the MEA region, and Latin America; it also covers the Global IAM market landscape and its growth prospects over the coming years. The report includes a discussion of the key vendors operating in this market.

Another report on Cyber Security titled "Global Cyber Security Market in the BFSI sector 2015-2019" says one of the major drivers in the market is the increased use of mobile devices. The increased use of mobile devices such as tablets and laptops has increased the complexity of identification issues. The increase in the integration of networks with employees' mobile devices has escalated the need for security solutions to prevent misuse of confidential data through fraudulent activities.

The demand for cloud-based security solutions is one key trend in the market. End-users prefer cloud-based security solutions because they are cost-effective and can be easily managed. The introduction of cost-effective cloud-based solutions encourages both large enterprises and SMEs in the BFSI sector to adopt other cyber security solutions.

The report recognizes the following companies as the key players in the Global Cyber Security Market in the BFSI sector: BAE Systems plc, Booz Allen Hamilton Inc., Computer Sciences Corp. (CSC), Symantec Corp. and TrendMicro Inc.

Other Prominent Vendors in the market are: 41st Parameter, Check Point, Crewe Fox, FireEye, IBM, Skybox Security, ThreatMetrix, Verint Systems and WhiteHat Security.

Order a copy of this report at (Prices start at US $ 2500 for a single user PDF)http://www.reportsnreports.com/Purchase.aspx?name=344082 .

Cyber threats are web-based threats such as data thefts and identity thefts. They disrupt IT systems in organizations and hack critical information using malware, spyware, or by phishing. Cyber security solutions help organizations in the BFSI sector to report, monitor, detect, and counter cyber threats while maintaining the confidentiality of information systems. In addition, they can be deployed as on-premises, cloud-based, or hybrid models. In the current scenario, increased internet penetration has given exponential rise to sophisticated attacks on IT business infrastructure. Attackers are increasingly gaining access to sensitive information such as credit card details and other financial information. Organizations in the BFSI sector are adopting cyber security solutions to protect critical information or any kind of digitized information stored in a PC or in any digital memory device.

Further, the report states that the high cost of implementation of cyber security solution is one of the major challenges in the market. Implementing a complete traditional cyber security solution usually takes time. This increases the criticality of the implementation process because once the deployment of cyber security solutions starts, it becomes expensive to make any changes later.

Key Questions Answered in these Reports: 

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Browse other reports on IT & Telecommunication Market at http://www.reportsnreports.com/market-research/information-technology/ .

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