Global Consumer IAM Market Size & Share to 2027

Global Consumer IAM Market Size & Share to 2027

Global Consumer IAM Market Size, Trends & Growth Opportunity, By Authentication Type (Biometrics, Passwords, PIN, Tokens, and Others) By components (Solution, and Service), By Industry Vertical, By Region and Forecast till 2027

Global Consumer IAM Market

The Consumer IAM is referred as Consumer identity access management which deals with managing the customer’s identities who is need to access the web portal, corporate websites, and web-shops. By using these services consumers can manage their accounts and data profiles. Also, allows different business organizations to identify the customers and their engagements and being able to scale several partner offerings, business units, and consumer bases. Consumer IAM services are widely applied in various sectors such as BFSI, IT & Telecommunication, Retail and E-commerce, Media and Entertainment, and Others.

Market Drivers

Increase in security breaches and cyberattacks is the key driving factor which is expected to boost the global consumer IAM market growth. Furthermore, increase in integration of consumer IAM with marketing tools and shifting interest from tradition IAM to consumer IAM will positively contribute the market growth over the forecast period. Moreover, increase in demand for consumer IAM in various industries like BFSI, Information and Technology, Retail and E-commerce, media and entertainment, and others will fuel the global consumer IAM market growth during this forecast period. The healthcare industry employs consumer IAM security services for securing sensitive data of patients and providing easy access to the services of medical institutes. Also, the consumer IAM solutions applied in energy and utility industry supports to provide access to real time data and manage demand supply gap and large volume of the customer database which is expected to propel the global consumer IAM market growth.

Market Restraints

However, lack of identity standards and budgetary constraints in deploying CIAM solutions is the major restraining factor which is expected to hinder the global consumer IAM market growth. Also, lack of skilled Cybersecurity professionals among enterprises as well as difficulties in addressing the complexity of advanced threats will affect the growth during this analysis period.

Market Segmentation

Global Consumer IAM Market is segmented authentication type such as Biometrics, Passwords, PIN, Tokens, and Others, by components such as Solution, and Service. Further, market is segmented into industry vertical such as BFSI, IT & Telecommunication, Retail and E-commerce, Media and Entertainment, and Others.

Also, Global Consumer IAM Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as IBM, MICROSOFT, SALESFORCE, SAP, BROADCOM, OKTA, AKAMAI TECHNOLOGIES, PING IDENTITY, FORGEROCK, and LOGINRADIUS

Market Taxonomy

By Authentication Type

• Biometrics
• Passwords
• PIN
• Tokens
• Others

By Component

• Solution
• Services

By Industry Vertical

• BFSI
• IT & Telecommunication
• Retail and E-commerce
• Media and Entertainment
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Consumer IAM Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

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