Iot Identity And Access Management (Iam) Market By Offering (Solution, Service), By Deployment Model (On-premise, Cloud), By Security Type (Cloud Security, Network Security, Endpoint Security, Application Security, Others), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, Manufacturing, Healthcare, Government and Defense, Energy and Utilities, Automotive and Transportation, Retail and E-commerce, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Identity and access management (IAM) is the discipline that enables right individuals to access right resources at the right times for the right reasons. IoT devices are focused on connecting things, people, tools, and applications, and IoT identity access management provides end-to-end encryption, overload detection, and unauthorized access removal to help build strong security features.
Key factors driving the IoT IAM market include rising security breaches and heightened identity fraud cases, increasing awareness regarding compliance controls, growing need for IAM for IoT, and increasing spending on cyber security. In addition, cultural shift from traditional IAM to IoT IAM, proliferation of cloud-based IAM solutions and services, growth in adoption of hybrid cloud models and technologies such as AI, ML, blockchain, and biometrics for identity and access management provides opportunities for the IoT IAM market. However, the high cost associated with the implementation and maintenance of IoT identity and access management (IAM) solution and the increase in security & privacy concerns hamper the market growth.
The IoT IAM market is segmented on the basis of offering, deployment mode, enterprise size, security type, industry vertical, and region. On the basis of offering, the market is segmented into solution and services. On the basis of solution, the market is segmented into lifecycle management, authentication, audit, compliance and governance, password management, others. Furthermore, the service segment is divided into professional and managed services. Moreover, the professional services segment is divided into training & education, integration & implementation, and support & maintenance. According to organization size, the market is fragmented into large enterprises and SMEs. On the basis of deployment, the market is classified into cloud and on-premise.
Depending on security type, it is segregated into cloud security, network security, endpoint security, application security, and others. By industry vertical, it is segmented into BFSI, healthcare, retail, manufacturing, IT & telecom, energy & utilities, automotive & transportation, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players in the market include Telefonaktiebolaget LM Ericsson, AWS, Google LLC, Microsoft, IBM, Cisco Systems, Inc., Oracle, HID Global Corporation, DigiCert, Inc., Keyfactor, Entrust Corporation, GlobalSign, One Identity, LLC, KaaIoT Technologies, LLC, Sailpoint Technologies Holdings, Inc., Optiv Security, Inc., and IdentityFusion, Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot identity and access management (iam) market analysis from 2021 to 2031 to identify the prevailing iot identity and access management (iam) market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the iot identity and access management (iam) market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global iot identity and access management (iam) market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Offering
Solution
Solution Type
Lifecycle Management
Authentication
Audit, Compliance and Governance
Password Management
Others
Service
Service Type
Professional Services
Managed Services
By Deployment Model
On-premise
Cloud
By Security Type
Cloud Security
Network Security
Endpoint Security
Application Security
Others
By Enterprise Size
Large Enterprises
SMEs
By Industry Vertical
BFSI
Manufacturing
Healthcare
Government and Defense
Energy and Utilities
Automotive and Transportation
Retail and E-commerce
IT and Telecom
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest Of Europe
Asia-Pacific
China
Japan
Australia
South Korea
India
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Cisco Systems Inc.
LM Ericsson
Amazon Web Service (AWS)
Google LLC
Microsoft Corporation
.IBM CORPORATION
Oracle Corporation
HID Global
DigiCert
Keyfactor
Entrust Inc.
GlobalSign
one identity
KaaIoT Technologies, LLC.
SailPoint Technologies Holdings, Inc.
Optiv Security Inc.
IdentityFusion
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