Press release
Identity As A Service Global Market Report 2024 - By Trends, Size, Share And Growth, Forecast To 2033
"The new report published by The Business Research Company, titled ""Identity As A Service Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the identity as a service market size has grown exponentially in recent years. It will grow from $5.94 billion in 2023 to $7.2 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The identity as a service market size is expected to see exponential growth in the next few years. It will grow to $16.25 billion in 2028 at a compound annual growth rate (CAGR) of 22.6%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8523&type=smp
Rising Cybersecurity Threats Fueling The Surge In Identity As A Service (IDAAS) Market
The increasing number of cyberattacks is expected to propel the identity as a service market. Cyberattacks are any attempt to obtain unauthorized access to a computer, computing system, or computer network to cause harm. Even though cyberattacks are getting increasingly sophisticated, security concerns significantly strain most enterprises. Cyberattacks are more likely to target companies that do not offer proper customer protection and corporate information protection. Organizations require a robust identity solution and are investing in identity verification systems. Identification must become the cornerstone of contemporary security because credentials continue to be a target for cybercriminals. Thereby driving the market. For instance, in June 2022, according to Forbes, a US-based business magazine, the average frequency of data breaches and cyberattacks rose by 15.1% in 2021 compared to the previous year. Therefore, the increasing number of cyberattacks is driving the growth of identity as a service market.
Elevating Security Measures The Integration Of Artificial Intelligence And Machine Learning In Identity As A Service (IDAAS)
Technological advancements are a key trend gaining popularity in the identity as a service market. Major players in the market are creating technologically advanced products using artificial intelligence and machine learning. Artificial intelligence enables machines to mimic and even outperform human mental powers and machine learning is a part of artificial intelligence. For instance, in September 2021, ForgeRock, a US-based multinational identity, and access management software company, launched ForgeRock Autonomous Identity. ForgeRock Autonomous Identity is the company's AI-driven identity governance and administration (IGA) strategy that offers additional capabilities to assist teams in enhancing security. It uses artificial intelligence (AI) and machine learning to lower enterprise risk by identifying patterns of role-based access across the entire organization and recommending optimized role structures. It is aimed at assisting businesses in lowering risk and effectively managing workforce access.
The identity as a service market covered in this report is segmented -
1) By Component Type: Solutions, Services
2) By Access: Single Sign-On, Multi-Factor Authentication, Compliance Management, Directory Services, Other Access
2) By Deployment Type: Public, Private, Hybrid
4) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By End-User: Government, Retail And Consumer Electronics, Transportation And Logistics, Media And Entertainment, IT And Telecommunication, BFSI, Energy And Utility, Healthcare, Automotive, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8523&type=discount
Major companies operating in the identity as a service market report are CA Technologies Inc., Centrify Corp., ILANTUS Technologies, iWelcome, JumpCloud Inc., Okta Inc., OneLogin Inc., Salesforce.com Inc., Exostar LLC, Microsoft Corporation, Oracle Corporation, International Business Machines Corporation (IBM), Ping Identity Corporation, Google LLC, SailPoint Technologies Inc., Idaptive LLC, Auth0 Inc., HCL Technologies Limited, Connectis LLC, Gemalto N.V., Fischer International Identity, NetIQ Corporation, Symantec Corporation, SecureAuth Corporation, Avatier Corporation, Bitium Inc., Bitglass Inc., Covisint Corporation, Dell Technologies Inc., EmpowerID Inc.
Contents of the report:
1. Executive Summary
2. Identity As A Service Market Report Structure
3. Identity As A Service Market Trends And Strategies
4. Identity As A Service Market - Macro Economic Scenario
5. Identity As A Service Market Size And Growth
…..
27. Identity As A Service Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/identity-as-a-service-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
As per the report, the identity as a service market size has grown exponentially in recent years. It will grow from $5.94 billion in 2023 to $7.2 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The identity as a service market size is expected to see exponential growth in the next few years. It will grow to $16.25 billion in 2028 at a compound annual growth rate (CAGR) of 22.6%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8523&type=smp
Rising Cybersecurity Threats Fueling The Surge In Identity As A Service (IDAAS) Market
The increasing number of cyberattacks is expected to propel the identity as a service market. Cyberattacks are any attempt to obtain unauthorized access to a computer, computing system, or computer network to cause harm. Even though cyberattacks are getting increasingly sophisticated, security concerns significantly strain most enterprises. Cyberattacks are more likely to target companies that do not offer proper customer protection and corporate information protection. Organizations require a robust identity solution and are investing in identity verification systems. Identification must become the cornerstone of contemporary security because credentials continue to be a target for cybercriminals. Thereby driving the market. For instance, in June 2022, according to Forbes, a US-based business magazine, the average frequency of data breaches and cyberattacks rose by 15.1% in 2021 compared to the previous year. Therefore, the increasing number of cyberattacks is driving the growth of identity as a service market.
Elevating Security Measures The Integration Of Artificial Intelligence And Machine Learning In Identity As A Service (IDAAS)
Technological advancements are a key trend gaining popularity in the identity as a service market. Major players in the market are creating technologically advanced products using artificial intelligence and machine learning. Artificial intelligence enables machines to mimic and even outperform human mental powers and machine learning is a part of artificial intelligence. For instance, in September 2021, ForgeRock, a US-based multinational identity, and access management software company, launched ForgeRock Autonomous Identity. ForgeRock Autonomous Identity is the company's AI-driven identity governance and administration (IGA) strategy that offers additional capabilities to assist teams in enhancing security. It uses artificial intelligence (AI) and machine learning to lower enterprise risk by identifying patterns of role-based access across the entire organization and recommending optimized role structures. It is aimed at assisting businesses in lowering risk and effectively managing workforce access.
The identity as a service market covered in this report is segmented -
1) By Component Type: Solutions, Services
2) By Access: Single Sign-On, Multi-Factor Authentication, Compliance Management, Directory Services, Other Access
2) By Deployment Type: Public, Private, Hybrid
4) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By End-User: Government, Retail And Consumer Electronics, Transportation And Logistics, Media And Entertainment, IT And Telecommunication, BFSI, Energy And Utility, Healthcare, Automotive, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8523&type=discount
Major companies operating in the identity as a service market report are CA Technologies Inc., Centrify Corp., ILANTUS Technologies, iWelcome, JumpCloud Inc., Okta Inc., OneLogin Inc., Salesforce.com Inc., Exostar LLC, Microsoft Corporation, Oracle Corporation, International Business Machines Corporation (IBM), Ping Identity Corporation, Google LLC, SailPoint Technologies Inc., Idaptive LLC, Auth0 Inc., HCL Technologies Limited, Connectis LLC, Gemalto N.V., Fischer International Identity, NetIQ Corporation, Symantec Corporation, SecureAuth Corporation, Avatier Corporation, Bitium Inc., Bitglass Inc., Covisint Corporation, Dell Technologies Inc., EmpowerID Inc.
Contents of the report:
1. Executive Summary
2. Identity As A Service Market Report Structure
3. Identity As A Service Market Trends And Strategies
4. Identity As A Service Market - Macro Economic Scenario
5. Identity As A Service Market Size And Growth
…..
27. Identity As A Service Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/identity-as-a-service-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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