At the time when creating, updating or revoking identities and managing credentials for plethora of apps have become indispensable, novel approaches—remote identity proofing, bring your own identity (BYO-ID)— to manage identity risks have come to the fore. Predominantly, remote identity proofing has led to efficient onboarding and account creation and curbed fraud and identity theft.
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These insights are according to the intelligence report, titled, "Identity & Access Management Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028," which has been of late added to Market Research Reports Search Engine’s (MRRSE) exponential armamentarium.
With increase in the adoption of cloud, surge in the number of applications and passwords and workforce distribution, significance of secure, seamless and controlled access to applications across multiple security domains has soared.
Identity assurance with risk analytics has become one of the most sought-after trends to detect insider threats and intercept attackers from using compromised credentials. In addition, identity assurance with risk analytics also provides better UX and CX by offering frictionless user experience and lowering administration overhead of access policies.
Nevertheless, preeminent leaders of the identity & access management market are embracing the trends and propelling the technological expertise. As such, the incremental opportunity of cloud-based IAM is projected to log ~USD 17 billion during the assessment period. In addition, prevalence of biometrics, wearables, and HW token has fared well for the growth of IAM market.
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Several organizations are adopting Identity as a Service to leverage capabilities of identity & access management. The organizations have been able to manage applications and entitlements using convenient tools and lower costs, while users have been able to access the same apps using the authentication methods from anywhere.
Identity & Access Management Market: Report Content
Quantitative and qualitative assessment exhort intelligence and overarching report on the identity & access management market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the identity & access management market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on identity & access management.
An insightful and deep-dive assessment of the competitive assessment of the identity & access management market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the identity & access management market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Identity & Access Management Market: Research Methodology
Primary sources and secondary sources propel intelligence report on identity & access management market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on identity & access management market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.
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