The Worldwide Cloud Identity and Access Management Industry is Expected to Reach $20.7 Billion by 2030

DUBLIN, May 19, 2022 /PRNewswire/ -- The "Cloud Identity and Access Management Market by Service, Deployment Mode, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The global cloud identity and access management market was valued at $3.10 billion in 2020, and is projected to reach $20.72 billion by 2030, growing at a CAGR of 21.1% from 2021 to 2030. 

Cloud identity and access management (IAM) is a security framework, which ensures secure access to end users across multiple applications. At present, integration of IAM with cloud is gaining pace owing to its low cost and enhanced security. IAM is an approach to revamp the traditional IT security environment by offering IAM solutions over the cloud. Cloud IAM helps large and small organizations to secure their IT infrastructure and patents & intellectual properties (IP) in a cost-effective manner.

Cloud IAM offers various services such as user provisioning, access management, multi-factor authentication, directory services, single sign-on (SSO), governance & compliance management, and password management. Several organizations have adopted cloud IAM to improve customer engagement, acquisition, and retention. A well-designed cloud IAM system helps to prevent data security breach, thereby reducing the possible financial loss.

The cost-effectiveness of the cloud IAM service compared to the traditional IAM services is one of the major factors that drives the adoption of cloud IAM. Enterprises are adopting cloud applications at a large scale, owing to the fast dropping rates of bandwidth and storage. It has been estimated that an organization can save more than 35% of the annual cost by adopting cloud IAM services.

The accruing costs on organizations due to increase in complexities of cyber-attacks and the costs involved in detection & recovery of losses have fostered the adoption of cloud IAM across various organizations. In addition, increase in popularity of Bring Your Own Device (ByOD) and various mobility trends in organizations have augmented the end user device authentication security. Therefore, increase in number of cyber-attacks, rise in adoption of ByOD policies by various organizations, surge in adoption of cloud services, centralized security & management, and government compliances are the key factors that drive the growth of cloud IAM market.

The cloud IAM market is segmented on the basis of services, deployment mode, industry verticals, and region. Depending on services segment, it is categorized into user provisioning, single sign-on, access management, multi-factor authentication, password management, directory services, and governance and compliance management. By deployment type, it is fragmented into public, hybrid and private. As per industry verticals, it is classified into BFSI, IT and telecommunication, healthcare, media & entertainment, retail, education and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the cloud identity access management market such as IBM, Microsoft, CA, Inc., Secureworks, Inc., Oracle Corporation, Intel Corporation, OneLogin, Inc., Hewlett Packard Enterprise Development LP, Sailpoint Technologies Holdings, Inc., and Ping Identity. These players have adopted various strategies to increase their market penetration and strengthen their position in the cloud identity access management industry.

Key Benefits for Stakeholders

• The study provides in-depth analysis of the global cloud identity access management market along with the current & future trends to illustrate the imminent investment pockets
• Information about key drivers, restrains, & opportunities and their impact analysis on the global cloud identity access management market size are provided in the report
• Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry
• The quantitative analysis of the global cloud identity access management market from 2021 to 2030 is provided to determine the market potential

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
3.7. Competitive Heatmap

Chapter 4: Cloud Identity and Access Management Market, by Services
4.1. Market Overview
4.1.1Market Size and Forecast, by Services
4.2. User Provisioning
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Single Sign-On
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. Access Management
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
4.5. Multi-Factor Authentication
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Share Analysis, by Country
4.6. Password Management
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Share Analysis, by Country
4.7. Directory Services
4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast, by Region
4.7.3. Market Share Analysis, by Country
4.8. Governance and Compliance Management
4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast, by Region
4.8.3. Market Share Analysis, by Country

Chapter 5: Cloud Identity and Access Management Market, by Deployment Mode
5.1. Market Overview
5.1.1Market Size and Forecast, by Deployment Mode
5.2. Public
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Hybrid
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Private
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country

Chapter 6: Cloud Identity and Access Management Market, by Industry Verticals
6.1. Market Overview
6.1.1Market Size and Forecast, by Industry Verticals
6.2. Bfsi
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. It and Telecommunication
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country
6.4. Healthcare
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Share Analysis, by Country
6.5. Media and Entertainment
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Share Analysis, by Country
6.6. Retail
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Share Analysis, by Country
6.7. Education
6.7.1. Key Market Trends, Growth Factors and Opportunities
6.7.2. Market Size and Forecast, by Region
6.7.3. Market Share Analysis, by Country
6.8. Others
6.8.1. Key Market Trends, Growth Factors and Opportunities
6.8.2. Market Size and Forecast, by Region
6.8.3. Market Share Analysis, by Country

Chapter 7: Cloud Identity and Access Management Market, by Region

Chapter 8: Company Profiles
8.1. Ibm
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Microsoft
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Ca, Inc.
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Secureworks, Inc.
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Oracle Corporation
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Intel Corporation
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Onelogin, Inc.
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Hewlett Packard Enterprise Development Lp
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Sailpoint Technologies Holdings, Inc.
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Ping Identity
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments

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