Global Personal Identity Management Market 2024-2028

Global Personal Identity Management Market 2024-2028

Global Personal Identity Management Market 2024-2028

The personal identity management market is forecasted to grow by USD 13770.6 mn during 2023-2028, accelerating at a CAGR of 14.52% during the forecast period. The report on the personal identity management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth of IoT networks, need to comply with regulatory requirements related to personal identity management, and increase in data thefts globally.

Technavio's personal identity management market is segmented as below:

• By End-user
• BFSI
• Government
• Telecom and IT
• Retail and consumer goods
• Others
• By Deployment
• On-premise
• Cloud-based
• By Geographical Landscape
• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the growing adoption of face biometrics as one of the prime reasons driving the personal identity management market growth during the next few years. Also, need for mfa with personal identity management and integration of artificial intelligence with personal identity management solutions will lead to sizable demand in the market.

The report on the personal identity management market covers the following areas:

• Personal identity management market sizing
• Personal identity management market forecast
• Personal identity management market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal identity management market vendors that include AO Kaspersky LAB, Avatier Corp., Broadcom Inc., Constellation Software Inc., CyberArk Software Ltd., Delinea Inc., Dell Technologies Inc., Experian PLC, International Business Machines Corp., Microsoft Corp., Okta Inc., Open Text Corporation, Oracle Corp., Ping Identity Corp., Quest Software Inc., SailPoint Technologies Inc., Salesforce Inc., Thales Group, VMware Inc., and Zoho Corp. Pvt. Ltd.. Also, the personal identity management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.