Identity Governance and Administration

Global Identity Governance and Administration Market to Reach US$18.8 Billion by 2030

The global market for Identity Governance and Administration estimated at US$7.5 Billion in the year 2023, is expected to reach US$18.8 Billion by 2030, growing at a CAGR of 14.0% over the analysis period 2023-2030. Solutions Component, one of the segments analyzed in the report, is expected to record a 13.1% CAGR and reach US$7.1 Billion by the end of the analysis period. Growth in the Services Component segment is estimated at 14.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.9 Billion While China is Forecast to Grow at 18.2% CAGR

The Identity Governance and Administration market in the U.S. is estimated at US$1.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 18.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 9.5% and 11.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.

Global Identity Governance and Administration Market - Key Trends and Drivers Summarized

Why Is Identity Governance and Administration (IGA) Critical for Enterprise Security?

Identity Governance and Administration (IGA) is essential for managing user identities and controlling access to critical systems and data in an enterprise. IGA solutions help organizations enforce security policies, manage role-based access controls (RBAC), and ensure compliance with regulatory requirements. By automating the processes of identity provisioning, deprovisioning, and auditing, IGA ensures that only authorized users have access to specific resources based on their roles within the organization. This reduces the risk of insider threats and data breaches, making IGA a cornerstone of cybersecurity in enterprises of all sizes. IGA also plays a key role in meeting the regulatory demands of industries such as finance and healthcare, where access control and data protection are critical.

How Are Technological Advancements Driving the Identity Governance and Administration Market?

Technological innovations are driving the evolution of IGA solutions by making them more automated, scalable, and integrated with other security tools. AI and machine learning algorithms are now being used to streamline identity management processes, such as identifying anomalies in access patterns or recommending role-based access adjustments. Cloud-based IGA solutions are gaining traction as they offer greater flexibility and scalability, allowing organizations to manage identities across hybrid and multi-cloud environments more effectively. Additionally, IGA is being integrated with Zero Trust security frameworks, which ensure that every user and device must be authenticated and authorized before accessing critical resources. These advancements are improving the functionality and accessibility of IGA systems, making them a vital part of modern cybersecurity strategies.

How Do Market Segments Shape the Growth of the Identity Governance and Administration Market?

Components include solutions and services, with solutions accounting for the largest market share due to the rising demand for automated identity governance platforms. Deployment modes are divided into cloud and on-premise, with cloud-based IGA solutions gaining rapid adoption as businesses seek more agile and scalable identity management systems. Organization sizes include small, medium, and large enterprises, with large enterprises leading the market due to their complex identity and access management (IAM) needs. Industry verticals such as healthcare, financial services, retail, and government are the primary adopters of IGA, with financial services and healthcare driving demand due to strict regulatory environments and the need for robust data protection.

What Factors Are Driving the Growth in the Identity Governance and Administration Market?

The growth in the identity governance and administration market is driven by several factors, including the increasing need for compliance with data protection regulations, the rise in cyber threats, and the growing complexity of enterprise IT environments. As organizations face stringent regulatory requirements such as GDPR, HIPAA, and SOX, the demand for IGA solutions that ensure proper access controls and audit trails is increasing. The growing sophistication of cyberattacks, particularly insider threats and credential-based attacks, is also driving the need for more comprehensive identity governance solutions. Furthermore, the shift toward cloud-based services and remote workforces is making identity management more complex, leading organizations to invest in IGA solutions to ensure secure and compliant access to critical resources.

Select Competitors (Total 12 Featured) -

• Alertenterprise
• CA Technologies
• Evidian
• Hitachi ID
• IBM
• Microsoft
• Netiq
• Omada
• One Identity
• Oracle
• RSA Security
• Sailpoint
• SAP
• Saviynt
• Secureauth

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