Global IoT Identity and Access Management (IAM) Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global IoT Identity and Access Management (IAM) market size was valued at US$ 17980 million in 2023. With growing demand in downstream market, the IoT Identity and Access Management (IAM) is forecast to a readjusted size of US$ 23110 million by 2030 with a CAGR of 3.7% during review period.
The research report highlights the growth potential of the global IoT Identity and Access Management (IAM) market. IoT Identity and Access Management (IAM) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of IoT Identity and Access Management (IAM). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the IoT Identity and Access Management (IAM) market.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Key Features:
The report on IoT Identity and Access Management (IAM) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the IoT Identity and Access Management (IAM) market. It may include historical data, market segmentation by Type (e.g., Network Security, Endpoint Security), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the IoT Identity and Access Management (IAM) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the IoT Identity and Access Management (IAM) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the IoT Identity and Access Management (IAM) industry. This include advancements in IoT Identity and Access Management (IAM) technology, IoT Identity and Access Management (IAM) new entrants, IoT Identity and Access Management (IAM) new investment, and other innovations that are shaping the future of IoT Identity and Access Management (IAM).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the IoT Identity and Access Management (IAM) market. It includes factors influencing customer ' purchasing decisions, preferences for IoT Identity and Access Management (IAM) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the IoT Identity and Access Management (IAM) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting IoT Identity and Access Management (IAM) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the IoT Identity and Access Management (IAM) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the IoT Identity and Access Management (IAM) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the IoT Identity and Access Management (IAM) market.
Market Segmentation:
IoT Identity and Access Management (IAM) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Network Security
Endpoint Security
Application Security
Cloud Security
Other Security Types
Segmentation by application
Banking, Finance services, and Insurance (BFSI)
Automotive
Telecom
IT and ITeS
Retail and Consumer Goods
Energy and Utilities
Healthcare
Oil and Gas
Manufacturing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM Corporation
Microsoft Corporation
Amazon Web Services
LogMeIn, Inc.
Intel Security Group
Oracle Corporation
Siemens AG
CA Technologies
Cloud Security Alliance
Arcon Tech Solutions
EMC Corporation
Hitachi Ltd.
Thales Group
Ericsson
FusionAuth
Sectigo
KaaIoT
Okta
HID Global
Ping Identity
Micro Focus
CyberArk
Please note: The report will take approximately 2 business days to prepare and deliver.