#Iot Identity and Access Management (IAM) Market

[oliviadlima]

Iot Identity and Access Management (IAM) Market Trends, Top Vendors and Growth Prospects

According to a new report published by Allied Market Research, titled, “Iot Identity And Access Management (Iam) Market,” The iot identity and access management market size was valued at $4.9 billion in 2021, and is estimated to reach $47.2 billion by 2031, growing at a CAGR of 25.4% from 2022 to 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.

Rapid digitization toward business operations and an increase in integration of IAM with IoT devices aided in propelling the growth of global IoT IAM market. Moreover, cultural shift from traditional IAM to IoT IAM and increasing spending on cyber security during the period has positively impacted IoT IAM industry. However, high cost associated with implementation and maintenance of IoT identity and access management (IAM) solution and increase in security & privacy concerns is anticipated to hamper the IoT IAM market during the forecast period. On the contrary, adoption of Bring your Own Identity (BYOI) approach is expected to offer remunerative opportunities for the expansion of the Iot Identity And Access Management market forecast.

On the basis of security type, the network security segment dominated the overall Iot Identity And Access Management Market Share in 2021 and is expected to continue this trend during the forecast period. This is attributed to the increase in cyber-attacks on networks due to increase in internet penetration and connected devices. However, the cloud security segment is expected to witness the highest growth owing to increase in adoption of cloud-based security solutions, rising demand for cloud-based services.

Region wise, the Iot Identity And Access Management Market analysis was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to its higher expenditure on technological solutions for better security. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the growth in number of startups and the expanding infrastructure in the region, which is expected to fuel the growth of the IoT IAM industry in the region during the forecast period.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/31995

The IoT Identity And Access Management Market is expected to grow rapidly after the pandemic, owing to rise in adoption of work-from-home culture across the globe. Furthermore, increase in cyber risk and new vulnerabilities is leading organizations worldwide to rethink their security setups. To manage employees working from home, companies rely extensively on remote-based monitoring of the workforce, enhancing the demand for IoT solutions. This helps bring transparency, provide real-time tracking, improve safety, and ensure meeting government compliance. However, the cybersecurity of remote workforce and enterprises plays a vital role in catering to their clients during lockdowns. Therefore, it offers opportunities for the IoT identity and access management market post pandemic.

KEY FINDINGS OF THE STUDY

By offering, the solution segment accounted for the largest IoT IAM market share in 2021.

By region, North America generated the highest revenue in 2021.

By enterprise size, large enterprises segment accounted for the largest IoT IAM market share in 2021.

By deployment mode, the on-premise segment generated the highest revenue in 2021.

The key players profiled in the Iot Identity And Access Management Industry are 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. These players have adopted various strategies to increase their market penetration and strengthen their position in the Iot Identity And Access Management Industry.

About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

[monisha1199]

From Novice to Pro: Master the Cloud with AWS Training!

In today's rapidly evolving technology landscape, cloud computing has emerged as a game-changer, providing businesses with unparalleled flexibility, scalability, and cost-efficiency. Among the various cloud platforms available, Amazon Web Services (AWS) stands out as a leader, offering a comprehensive suite of services and solutions. Whether you are a fresh graduate eager to kickstart your career or a seasoned professional looking to upskill, AWS training can be the gateway to success in the cloud. This article explores the key components of AWS training, the reasons why it is a compelling choice, the promising placement opportunities it brings, and the numerous benefits it offers.

Key Components of AWS Training

1. Foundational Knowledge: Building a Strong Base

AWS training starts by laying a solid foundation of cloud computing concepts and AWS-specific terminology. It covers essential topics such as virtualization, storage types, networking, and security fundamentals. This groundwork ensures that even individuals with little to no prior knowledge of cloud computing can grasp the intricacies of AWS technology easily.

2. Core Services: Exploring the AWS Portfolio

Once the fundamentals are in place, AWS training delves into the vast array of core services offered by the platform. Participants learn about compute services like Amazon Elastic Compute Cloud (EC2), storage options such as Amazon Simple Storage Service (S3), and database solutions like Amazon Relational Database Service (RDS). Additionally, they gain insights into services that enhance performance, scalability, and security, such as Amazon Virtual Private Cloud (VPC), AWS Identity and Access Management (IAM), and AWS CloudTrail.

3. Specialized Domains: Nurturing Expertise

As participants progress through the training, they have the opportunity to explore advanced and specialized areas within AWS. These can include topics like machine learning, big data analytics, Internet of Things (IoT), serverless computing, and DevOps practices. By delving into these niches, individuals can gain expertise in specific domains and position themselves as sought-after professionals in the industry.

Reasons to Choose AWS Training

1. Industry Dominance: Aligning with the Market Leader

One of the significant reasons to choose AWS training is the platform's unrivaled market dominance. With a staggering market share, AWS is trusted and adopted by businesses across industries worldwide. By acquiring AWS skills, individuals become part of the ecosystem that powers the digital transformation of numerous organizations, enhancing their career prospects significantly.

2. Comprehensive Learning Resources: Abundance of Educational Tools

AWS training offers a wealth of comprehensive learning resources, ranging from extensive documentation, tutorials, and whitepapers to hands-on labs and interactive courses. These resources cater to different learning preferences, enabling individuals to choose their preferred mode of learning and acquire a deep understanding of AWS services and concepts.

3. Recognized Certifications: Validating Expertise

AWS certifications are globally recognized credentials that validate an individual's competence in using AWS services and solutions effectively. By completing AWS training and obtaining certifications like AWS Certified Solutions Architect or AWS Certified Developer, individuals can boost their professional credibility, open doors to new job opportunities, and command higher salaries in the job market.

Placement Opportunities

Upon completing AWS training, individuals can explore a multitude of placement opportunities. The demand for professionals skilled in AWS is soaring, as organizations increasingly migrate their infrastructure to the cloud or adopt hybrid cloud strategies. From startups to multinational corporations, industries spanning finance, healthcare, retail, and more seek talented individuals who can architect, develop, and manage cloud-based solutions using AWS. This robust demand translates into a plethora of rewarding career options and a higher likelihood of finding positions that align with one's interests and aspirations.

In conclusion, mastering the cloud with AWS training at ACTE institute provides individuals with a solid foundation, comprehensive knowledge, and specialized expertise in one of the most dominant cloud platforms available. The reasons to choose AWS training are compelling, ranging from the industry's unparalleled market position to the top ranking state.

[sweatybelieverfun]

Big Data Security Market Drivers Fueling Adoption Across Industries and Enhancing Cybersecurity Frameworks Globally

The big data security market drivers are increasingly shaping how businesses manage, store, and protect their vast volumes of information. With the surge in digital transformation, organizations across various sectors are generating data at an unprecedented rate. As a result, safeguarding this data has become a top priority. The growing complexity of cyber threats, rising incidents of data breaches, and stringent regulatory frameworks are pushing companies to invest heavily in advanced security systems tailored for big data environments.

One of the primary drivers is the exponential growth of data generated from connected devices, enterprise applications, cloud services, and IoT technologies. This massive data volume increases the attack surface for cybercriminals, making it imperative for businesses to enhance their security infrastructure. Traditional security solutions are often inadequate in handling the scale and complexity of big data, which has led to the development of more specialized tools capable of real-time monitoring, predictive analysis, and threat detection across large datasets.

Another major factor is the rising frequency and sophistication of cyberattacks. Organizations today face constant threats from ransomware, phishing, insider attacks, and other malicious activities. Hackers often exploit vulnerabilities within big data systems due to their distributed nature and vast number of access points. In response, companies are adopting big data-specific security measures, including encryption, access control, behavior analytics, and automated threat response systems, to minimize potential damage and ensure data integrity.

Regulatory compliance is also driving the market forward. Governments and regulatory bodies across the globe are imposing stricter data protection laws to ensure that organizations handle personal and sensitive information responsibly. Frameworks such as GDPR, HIPAA, and CCPA have forced companies to implement comprehensive data governance and security strategies. Failure to comply with these regulations can result in significant fines and reputational damage, prompting enterprises to prioritize security investments.

Furthermore, the growing adoption of cloud computing and hybrid infrastructures has amplified the need for robust big data security. As businesses move their operations and data storage to the cloud for greater flexibility and cost-efficiency, they face new security challenges related to data visibility, shared resources, and third-party risks. To address these challenges, cloud providers and enterprises are integrating security solutions like identity and access management (IAM), secure data lakes, and cloud-native security tools.

The integration of AI and machine learning into security systems is another significant market driver. These technologies enhance the ability of organizations to detect anomalies, analyze patterns, and respond to threats proactively. By leveraging AI-driven insights, companies can automate security protocols, reduce false positives, and improve overall response time, making security systems smarter and more adaptive to emerging risks.

Industry-specific applications are also fueling demand for big data security solutions. Sectors such as healthcare, finance, retail, and government handle highly sensitive data that, if compromised, could have severe consequences. For instance, healthcare organizations need to protect patient records and comply with health data privacy laws, while financial institutions must secure transaction data and prevent fraud. Tailored security approaches for each industry are becoming more prevalent, driving growth in the market.

Additionally, increasing consumer awareness and expectations around data privacy are influencing businesses to be more transparent and accountable in their data handling practices. As customers become more cautious about how their data is collected and used, companies that demonstrate a commitment to strong data security are likely to gain trust and competitive advantage.

Another emerging driver is the demand for security analytics and risk management platforms. Organizations are seeking advanced solutions that not only protect data but also provide insights into potential vulnerabilities and threats. These platforms help businesses assess their security posture, prioritize risks, and take proactive measures to strengthen their defenses.

In conclusion, the big data security market is experiencing significant momentum, driven by a combination of technological advancements, regulatory pressures, and evolving threat landscapes. Businesses are increasingly aware that safeguarding data is not just a compliance requirement but a critical component of their overall strategy. As data continues to grow in volume and importance, the demand for robust, scalable, and intelligent security solutions will only intensify, reinforcing the role of big data security as a foundational pillar in the digital economy.

[coredgeblogs]

Cybersecurity Challenges and Solutions in the Age of AI and IoT

As the digital world becomes increasingly interconnected through Artificial Intelligence (AI) and the Internet of Things (IoT), cybersecurity risks are evolving faster than ever. From smart homes to industrial IoT systems, and from AI-powered chatbots to predictive analytics, our reliance on intelligent, connected technologies is exposing new vulnerabilities and attack surfaces.

In this blog, we’ll explore the top cybersecurity challenges in the era of AI and IoT and present practical, forward-thinking solutions to mitigate these risks—ensuring safer digital ecosystems.

The Expanding Threat Landscape

The fusion of AI and IoT is transforming industries, but it's also widening the attack surface. Every connected device and AI-driven system can become a target or even a weapon in cyberattacks.

Key Challenges:

Billions of connected IoT devices

Unpatched vulnerabilities in edge devices

AI systems used to automate cyberattacks

Data privacy concerns and regulatory pressure

Difficulty in real-time threat detection

Top Cybersecurity Challenges in AI and IoT

1. Massive Attack Surface

IoT devices, from wearables to smart appliances, are often deployed with minimal security. Their sheer volume makes them difficult to monitor and manage centrally.

2. AI-Powered Cyber Threats

Cybercriminals are using AI to:

Automate phishing attacks

Evade detection through intelligent malware

Analyze stolen data faster than before

This creates an arms race where defenders must match AI with AI.

3. Device Vulnerabilities

Many IoT devices are built without robust security protocols. Common issues include:

Hardcoded credentials

Outdated firmware

Weak encryption or no encryption

4. Data Privacy and Compliance

With AI systems processing vast amounts of personal and behavioral data, organizations must navigate regulations like GDPR, HIPAA, and CCPA to avoid breaches and fines.

5. Lack of Standardization

The IoT ecosystem lacks universal security standards. Device manufacturers often prioritize cost and speed to market over security, leading to fragmented and vulnerable deployments.

Cybersecurity Solutions for AI and IoT

While the risks are substantial, the following solutions can help build resilient and secure infrastructures.

1. Zero Trust Architecture

Adopt a Zero Trust model where every device, user, and application is continuously authenticated and monitored. This is critical in IoT ecosystems where network perimeters are blurred.

2. AI for Cyber Defense

Use AI not just as a threat, but as a solution:

Detect anomalies in network traffic

Automate incident response

Identify zero-day vulnerabilities through behavioral analysis

3. Firmware and OTA Updates

Ensure IoT devices support over-the-air (OTA) updates for timely patching. Regular updates close known vulnerabilities and reduce exploitation windows.

4. Strong Encryption Protocols

Enforce end-to-end encryption for data in transit and at rest. Utilize secure communication protocols like TLS, HTTPS, and WPA3 for device connectivity.

5. Device Identity and Authentication

Use robust identity and access management (IAM) for devices. This includes:

Unique digital certificates

Mutual authentication between devices and platforms

6. Security by Design

Encourage manufacturers to adopt security by design principles. This includes:

Secure boot processes

Secure coding practices

Built-in security hardware modules

Future-Proofing Cybersecurity

To stay ahead of threats in the AI and IoT era, organizations must invest in:

Security automation and orchestration

Real-time monitoring using AI and ML

Employee awareness and training

Vendor risk management

Integrating AI into cybersecurity operations isn’t optional—it’s essential for identifying patterns, reducing false positives, and responding quickly.

Conclusion

The convergence of AI and IoT is reshaping industries—but it also introduces new cybersecurity challenges that can't be ignored. To protect digital ecosystems in this hyperconnected era, organizations must move from reactive to proactive security postures.

Implementing AI-driven threat detection, enforcing Zero Trust principles, and securing IoT devices from the ground up are no longer best practices—they're necessities.

[cybersecurityict]

Software Defined Perimeter Market Size, Share, Analysis, Forecast, Growth 2032: Demand Trends Across Key Sectors

Software Defined Perimeter Market was valued at USD 7.0 billion in 2023 and is expected to reach USD 56.9 Billion by 2032, growing at a CAGR of 26.19% from 2024-2032.

The Software Defined Perimeter (SDP) market is rapidly emerging as a pivotal technology in reshaping modern cybersecurity frameworks. By eliminating traditional perimeter-based defenses and implementing a dynamic, identity-driven access model, SDP offers unmatched protection against sophisticated threats. This innovative approach enables organizations to reduce attack surfaces, secure remote access, and safeguard cloud infrastructure with greater agility and precision. As cyber threats evolve in complexity, enterprises are increasingly adopting SDP solutions to enhance control, visibility, and trust across distributed IT environments.

Software Defined Perimeter Market hyper-connected digital ecosystem, the Software Defined Perimeter market stands at the forefront of a new era in cybersecurity. Organizations across industries are turning to SDP to enforce strict access control by verifying users and devices before granting access to critical resources. With zero-trust models becoming the gold standard, SDP solutions are no longer optional but essential tools in every cybersecurity strategy. The paradigm shift from legacy systems to software-defined, cloud-centric infrastructure continues to drive the relevance and growth of the SDP market.

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Market Keyplayers:

Cisco Systems, Inc. - Cisco

Check Point Software Technologies Ltd. - Check Point

Palo Alto Networks, Inc. - Palo Alto Networks

Akamai Technologies, Inc. - Akamai

Zscaler, Inc. - Zscaler

Broadcom Inc. (Symantec Corporation) - Broadcom

Fortinet, Inc. - Fortinet

Juniper Networks, Inc. - Juniper Networks

IBM Corporation - IBM

Cloudflare, Inc. - Cloudflare

Google LLC (BeyondCorp) - Google

Microsoft Corporation (Azure AD Conditional Access) - Microsoft

Intel Corporation - Intel

Okta, Inc. - Okta

Forcepoint LLC - Forcepoint

Unisys Corporation - Unisys

AppGate, Inc. - AppGate

F5 Networks, Inc. - F5

Perimeter 81 - Perimeter 81

Centrify Corporation (now Delinea) - Delinea

Market Analysis The SDP market is experiencing significant momentum fueled by increased adoption of cloud services, remote work models, and the growing frequency of cyberattacks. Companies are prioritizing agile security frameworks capable of adapting to dynamic IT landscapes. SDP meets these needs by enabling micro-segmentation, invisible infrastructure, and continuous user verification. As a result, the market is witnessing participation from both established cybersecurity vendors and emerging tech innovators, intensifying competition and fostering technological advancements.

Market Trends

Rise in demand for zero-trust network access (ZTNA)

Growing integration of SDP with identity and access management (IAM) platforms

Expansion of SDP applications across hybrid and multi-cloud environments

Increasing use of AI and machine learning for adaptive security controls

Surge in adoption by small and medium-sized enterprises (SMEs) for cost-effective security

Market Scope The scope of the Software Defined Perimeter market extends across a wide range of industries including finance, healthcare, IT, manufacturing, and government sectors. Its flexibility and scalability allow for tailored implementations, whether for securing IoT ecosystems, protecting remote users, or ensuring compliance in regulated sectors. As enterprises shift toward decentralized operations and virtual infrastructures, SDP solutions are proving critical in enabling secure digital transformation strategies globally.

Market Forecast The future outlook for the SDP market remains highly promising, marked by rapid innovation and broader market penetration. Adoption is expected to expand as businesses become more aware of the limitations of perimeter-based security and recognize the value of software-defined access controls. Continued investments in research and development are anticipated to enhance solution capabilities, reduce deployment complexities, and streamline integration with existing systems. As digital ecosystems grow more complex, SDP is set to play a foundational role in securing the modern enterprise.

Access Complete Report: https://www.snsinsider.com/reports/software-defined-perimeter-market-3700 

Conclusion As cyber threats become more advanced and traditional defenses falter, the Software Defined Perimeter market offers a bold new approach to security—one that is resilient, flexible, and built for the future. Its rise signals a strategic pivot in how organizations think about trust, access, and protection. For stakeholders looking to future-proof their digital infrastructure, investing in SDP is not just a security measure—it's a transformative move toward smarter, safer operations in the digital age.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

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GCC Cybersecurity Market Size, Share, Scope, Analysis, Forecast, Growth, and Industry Report 2032 – Threat Intelligence and Risk Management

The GCC in Cybersecurity Market Size was valued at USD 10.59 Billion in 2023 and is expected to reach USD 30.37 Billion by 2032, growing at a CAGR of 12.46% over the forecast period 2024-2032.

The GCC in Cybersecurity Market is experiencing accelerated growth due to rising digital transformation and evolving cyber threats. Governments and enterprises across the Gulf Cooperation Council (GCC) are investing heavily in securing their digital infrastructure. The demand for advanced cybersecurity solutions is at an all-time high.

The GCC in Cybersecurity Market continues to expand rapidly as organizations adopt cloud computing, IoT, and AI technologies. This digital acceleration, while beneficial, has also exposed critical sectors to increased cyber risks, pushing cybersecurity to the forefront of regional policy and corporate strategy. Governments are implementing national cybersecurity frameworks and regulations to safeguard public and private sectors from evolving threats.

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Market Keyplayers:

Cisco Systems, Inc.

IBM

Palo Alto Networks

McAfee

Check Point Software Technologies

Fortinet

FireEye (now Trellix)

Microsoft

Symantec (part of Broadcom)

Kaspersky Lab

Trends Shaping the Market

Increased Investment in AI and Machine Learning: GCC nations are leveraging AI to predict and neutralize cyber threats in real time, enabling more proactive security measures.

Focus on Cloud Security: With widespread cloud adoption, businesses are prioritizing secure cloud infrastructures and compliance with local data protection laws.

Zero Trust Architecture Adoption: Companies are shifting toward zero trust models to limit access and minimize internal threats, reinforcing perimeter-less security.

Public-Private Collaborations: Governments are partnering with private tech firms to enhance cybersecurity resilience and foster innovation in threat detection.

Enquiry of This Report: https://www.snsinsider.com/enquiry/4718 

Market Segmentation:

By Security Type

Network Security

Endpoint Security

Application Security

Cloud Security

Data Security

Infrastructure Protection

Others (Wireless Security, Web & Content Security)

By Component

Solutions

Firewall/Antimalware/Antivirus

Intrusion detection and prevention system (IDPS) 

Identity and Access Management (IAM)

Data Loss Prevention (DLP) & Disaster Recovery

Security information and event management (SIEM)

Risk and Compliance Management

Others (Encryption & Tokenization)

Services

Professional Services

Risk and Threat Assessment

Design, Consulting, and Implementation

Training & Education

Support & Maintenance

Managed Services

By Deployment Mode

On-premise

Cloud-based

By Enterprise Size

Small and Medium Enterprises (SMEs)

Large Enterprises

By Industry Vertical

Banking, Financial Services, and Insurance (BFSI)

IT and Telecommunications

Healthcare

Retail

Manufacturing

Government and Defense

Energy and Utilities

Market Analysis

Rising Cyber Threat Landscape: Increased ransomware attacks, data breaches, and phishing campaigns are driving urgent cybersecurity adoption.

Government-Led Digital Initiatives: Vision programs such as Saudi Vision 2030 and UAE’s Digital Government Strategy are fueling IT infrastructure growth, increasing the need for security.

Growing Demand for Skilled Cybersecurity Professionals: The region faces a shortage of qualified cybersecurity experts, pushing demand for training and outsourcing.

Expansion of Smart Cities and IoT Networks: With initiatives like NEOM and Dubai Smart City, cyber protection of smart infrastructures is becoming critical.

Future Prospects

The GCC in Cybersecurity Market is poised for robust growth as threats evolve and technological adoption deepens. Future outlook includes:

Development of Local Cybersecurity Ecosystems: GCC countries are investing in homegrown solutions and startups to reduce dependency on foreign cybersecurity vendors.

Integration of Quantum-Safe Security: Forward-thinking organizations are preparing for future quantum computing risks by adopting quantum-resistant encryption standards.

Enhancement of Cybersecurity Legislation: Continuous updates to data privacy, critical infrastructure protection, and digital identity laws will reinforce regulatory environments.

Greater Emphasis on Cybersecurity Awareness and Education: National campaigns and academic programs will play a crucial role in building a cyber-aware culture across all sectors.

Access Complete Report: https://www.snsinsider.com/reports/gcc-in-cybersecurity-market-4718 

Conclusion

The GCC in Cybersecurity Market is on a rapid upward trajectory, driven by digital expansion, national visions, and rising cyber threats. Governments and enterprises alike are recognizing cybersecurity as a strategic imperative, not just an IT function. With growing investments, policy backing, and innovation, the GCC is on track to become a global model for cybersecurity resilience and leadership in the digital age.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

[rainyducktiger]

Zero Trust Security Market Regional and Global Industry Insights to 2033

Introduction

The digital transformation of businesses and the increasing frequency of cyber threats have made cybersecurity a top priority for organizations across industries. One of the most effective security models that has emerged to address these challenges is Zero Trust Security. Unlike traditional security models that operate under the assumption that threats are primarily external, Zero Trust adopts a “never trust, always verify” approach, ensuring that every user, device, and application is continuously authenticated and monitored. This article explores the current industry trends in the Zero Trust Security market and provides a forecast for its growth up to 2032.

Market Overview

The Zero Trust Security market has witnessed exponential growth in recent years, driven by increasing cyber threats, the rise of remote work, and stringent regulatory requirements. Organizations are adopting Zero Trust frameworks to secure sensitive data and prevent unauthorized access. According to industry analysts, the global Zero Trust Security market is expected to grow at a CAGR of over XX% from 2024 to 2032, reaching a market value of approximately XX billion by 2032.

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Key Market Drivers

Growing Cybersecurity Threats

The rise of ransomware, phishing attacks, and insider threats has necessitated a shift towards a more robust security model.

Cybercriminals are using sophisticated techniques such as AI-powered attacks, increasing the need for Zero Trust solutions.

Adoption of Remote and Hybrid Work Models

The pandemic accelerated the shift to remote work, making traditional perimeter-based security obsolete.

Zero Trust ensures secure access to corporate resources, regardless of user location or device.

Regulatory Compliance Requirements

Regulations such as GDPR, CCPA, HIPAA, and NIST emphasize the importance of strong security frameworks.

Organizations must implement Zero Trust principles to meet compliance requirements and avoid hefty penalties.

Rise of Cloud Computing and IoT Devices

The proliferation of cloud-based applications and IoT devices has expanded the attack surface.

Zero Trust provides enhanced security by verifying every request before granting access.

Increased Investments in Cybersecurity

Governments and enterprises are heavily investing in cybersecurity infrastructure to protect critical data.

Market players are developing advanced Zero Trust solutions to cater to different industry needs.

Market Segmentation

The Zero Trust Security market can be segmented based on component, deployment mode, organization size, industry vertical, and region.

1. By Component

Solutions: Identity & access management, endpoint security, data security, security analytics, cloud security.

Services: Professional services, managed services.

2. By Deployment Mode

On-Premises

Cloud-Based

3. By Organization Size

Small & Medium Enterprises (SMEs)

Large Enterprises

4. By Industry Vertical

BFSI (Banking, Financial Services, and Insurance)

Healthcare & Life Sciences

Government & Defense

IT & Telecom

Retail & E-commerce

Manufacturing

Others

5. By Region

North America: Dominates the market due to early adoption of cybersecurity solutions.

Europe: Growing awareness and stringent regulations drive market growth.

Asia-Pacific: Rapid digital transformation and increasing cyber threats create opportunities.

Latin America & Middle East & Africa: Emerging markets with significant growth potential.

Key Industry Trends

AI and Machine Learning Integration

AI-powered threat detection enhances Zero Trust capabilities by analyzing behavior and detecting anomalies in real time.

Zero Trust Network Access (ZTNA) Replacing VPNs

Traditional VPNs are becoming obsolete as ZTNA offers better security and user experience.

Identity-Centric Security Approaches

Identity and access management (IAM) solutions are at the core of Zero Trust implementations.

Cloud Security Adoption

As businesses migrate to the cloud, Zero Trust principles are being integrated into cloud security strategies.

Rising Demand for Managed Security Services

Companies are outsourcing Zero Trust implementation to managed security service providers (MSSPs) due to a lack of in-house expertise.

Challenges and Restraints

Despite its benefits, the adoption of Zero Trust Security comes with certain challenges:

Complex Implementation: Transitioning from legacy security systems to a Zero Trust model requires significant changes and expertise.

High Initial Investment: The cost of deploying Zero Trust solutions may be a barrier for small businesses.

User Experience Concerns: Continuous authentication can sometimes create friction for end users.

Integration with Legacy Systems: Many organizations struggle to integrate Zero Trust with their existing IT infrastructure.

Competitive Landscape

The Zero Trust Security market is highly competitive, with key players including:

Microsoft Corporation

Cisco Systems, Inc.

Google (Alphabet Inc.)

Palo Alto Networks, Inc.

Zscaler, Inc.

Okta, Inc.

CrowdStrike Holdings, Inc.

IBM Corporation

Fortinet, Inc.

Cloudflare, Inc.

These companies are investing in R&D, strategic partnerships, and acquisitions to expand their Zero Trust Security offerings.

Future Outlook and Forecast (2024-2032)

The Zero Trust Security market is set to experience significant growth due to increasing cyber threats, regulatory requirements, and advancements in AI-driven security solutions. Key predictions include:

By 2026: Over 70% of organizations will adopt some form of Zero Trust Security.

By 2028: Zero Trust Network Access (ZTNA) will replace traditional VPNs in most enterprises.

By 2032: The market will surpass $100 billion, with cloud-based solutions leading the segment.

Conclusion

Zero Trust Security is no longer an option but a necessity for businesses looking to protect sensitive data in an increasingly digital world. With continuous advancements in AI, cloud security, and identity management, Zero Trust will become the gold standard for cybersecurity strategies. Organizations that proactively adopt Zero Trust will not only enhance their security posture but also ensure compliance and business continuity in the face of evolving cyber threats.

Read Full Report:-https://www.uniprismmarketresearch.com/verticals/information-communication-technology/zero-trust-security.html

[seobeginner]

Why AWS is a Game-Changer for Businesses

In today’s fast-evolving digital landscape, businesses must stay ahead by leveraging cutting-edge technology. Amazon Web Services (AWS), the leading cloud computing platform, has emerged as a game-changer for organizations of all sizes. From startups to multinational corporations, AWS offers an extensive suite of services that empower businesses to scale, innovate, and optimize operations. Let’s dive into why AWS stands out and how it transforms businesses globally.

Scalability and Flexibility

One of AWS’s most compelling features is its scalability. Businesses can start small and scale up as their requirements grow without worrying about overhauling their infrastructure. Whether it’s handling a sudden traffic spike or expanding into new markets, AWS provides the flexibility to adapt quickly. With services like Amazon EC2 and AWS Auto Scaling, businesses can match their resource needs efficiently.

Cost-Effectiveness

AWS follows a pay-as-you-go pricing model, which is a boon for businesses looking to optimize their budgets. This eliminates the need for hefty upfront investments in physical servers and reduces ongoing maintenance costs. Additionally, AWS’s cost management tools help businesses monitor and control their expenses effectively, making it an ideal choice for startups and SMEs.

Wide Range of Services

AWS offers an unparalleled variety of cloud services—from computing and storage to machine learning and analytics. Popular services like Amazon S3 for storage, AWS Lambda for serverless computing, and Amazon RDS for managed databases allow businesses to build and deploy robust applications seamlessly. This diversity enables businesses to find tailored solutions that meet their specific needs.

Enhanced Security

AWS takes security seriously. With robust measures like encryption, identity and access management (IAM), and continuous monitoring, AWS ensures that sensitive business data is protected. Additionally, AWS complies with major regulatory standards, making it a trusted platform for industries like healthcare, finance, and government.

Driving Innovation

AWS empowers businesses to innovate faster by providing tools and services for advanced technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). Companies can experiment with new ideas, test prototypes, and launch cutting-edge solutions without delays. This ability to innovate at speed is a key factor behind AWS’s popularity.

Global Reach

With data centers spread across the globe, AWS enables businesses to expand their operations internationally. Its content delivery network (CDN), Amazon CloudFront, ensures low latency and high performance for users, regardless of their location. This global presence makes AWS a preferred choice for businesses looking to serve customers worldwide. To learn more about leveraging AWS for international business growth, consider AWS training in Hyderabad, which provides hands-on expertise to help you maximize the platform's potential.

Real-Life Success Stories

Netflix: AWS powers Netflix’s streaming services, enabling it to deliver high-quality video content to millions of users simultaneously.

Airbnb: With AWS, Airbnb handles massive amounts of user data, ensuring seamless experiences for its global user base.

Samsung: Samsung leverages AWS to optimize its supply chain and enhance customer engagement.

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Protecting Data, Empowering Users: The Rapid Expansion of the IAM Market

Identity And Access Management Industry Overview

The global identity and access management market size is anticipated to reach USD 41.52 billion by 2030, registering a CAGR of 12.6% over the forecast period, according to a new study by Grand View Research Inc. Identity and access management (IAM) is a security discipline that ensures the right entities to use the right resources (data or apps).

Advancements in the internet of things (IoT) and artificial intelligence (AI), rising awareness about regulatory compliance management, and increasing reliance on digital platforms & automation across industries are anticipated to drive the industry over the forecast period. The integration of IAM solutions and MDM is anticipated to drive market growth over the forecast period.The rising fraudulent and cybercrime activities are driving enterprises to implement IAM systems as a result of the rapid adoption of the cloud and the advancement of new technologies, such as AI and ML. IAM uses identity analytics and intelligence to monitor unusual user account activity.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

Furthermore, IAM systems reduce the cost of services, such as outsourcing, among others. Hence, the rising enterprise identity and security concerns and the elimination of service costs drive the growth of the industry over the forecast period. Furthermore, high installation costs of identity and access management systems are expected to stifle the growth of the industry over the forecast period. The identity and access management industry is adopting the latest IAM business technologies as capital technology. These technologies have increased market opportunities for identity and access management which have been purchased and implemented in recent years. IAM contracts' market revenue necessitates extensive implementation. Hence, cloud-based IAM services and technology are becoming more accessible by the day which creates opportunities for market growth over the forecast period.

Browse through Grand View Research's Network Security Industry Research Reports.

The global IoT security market size was valued at USD 35.50 billion in 2024 and is projected to grow at a CAGR of 26.8% from 2025 to 2030. 

The global data center security market was valued at USD 18.42 billion in 2024 and is projected to grow at a CAGR of 16.8% from 2025 to 2030.

Identity And Access Management Market Segmentation

Grand View Research has segmented the globalidentity and access management market on the basis of component, deployment, end-use, and region:

IAM Component Outlook (Revenue, USD Million, 2018 - 2030)

Audit, Compliance & Governance

Directory Service

Multifactor Authentication

Provisioning

Password Management

Single Sign-On

IAM Deployment Outlook (Revenue, USD Million, 2018 - 2030)

Cloud

Hybrid

On-premise

IAM End-use Outlook (Revenue, USD Million, 2018 - 2030)

BFSI

Energy, Oil & Gas

Telecom & IT

Education

Healthcare

Public Sector & Utilities

Manufacturing

Others

IAM Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

UAE

Saudi Arabia

South Africa

Key Companies profiled:

Amazon Web Services, Inc.

Broadcom

One Identity LLC.

ForgeRock

HID Global Corp.

IBM

McAfee, LLC

Microsoft

Okta

OneLogin

Oracle

Ping Identity

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[latestmarketresearchnews]

Identity And Access Management Industry Development Trends Report By 2030

In 2022, the global identity and access management (IAM) market was valued at USD 15.93 billion, and it is projected to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM solutions help organizations control and manage who has access to resources, ensuring that each employee and role within a company has appropriate permissions to perform their duties effectively. By implementing IAM systems, businesses can streamline the process of managing applications for employees, avoiding the need for administrators to individually log in to each app. The increasing integration of IoT, AI advancements, greater awareness of regulatory compliance, and widespread adoption of cloud technologies are key factors expected to fuel the growth of IAM over the forecast period.

With the rise in cybercrime and fraudulent activities, the need for secure and efficient IAM solutions has become more urgent. As organizations adopt cloud computing and embrace new technologies, IAM solutions are evolving to meet the demand for enhanced security. IAM systems use identity analytics and intelligence to monitor and flag unusual user account activities. These systems can identify and remove inactive accounts, detect any violations of company policies, and revoke access rights that are inappropriate for a user’s role. In this way, IAM solutions address enterprise security concerns and mitigate risks associated with unauthorized access.

The centralization that IAM provides is another driver for adoption. With IAM, companies can administer access rights across applications and manage authentication processes more efficiently, making tasks like signing up, signing in, and managing user credentials more streamlined for employees. This system of centralized control reduces costs associated with application management, as it provides reliable connectivity, standardizes processes, and implements user policies. IAM also ensures consistent identity verification and access protocols, enhancing user trust and reliability.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

An important development in IAM is its integration with mobile device management (MDM) solutions. MDM enables companies to manage and control user access on mobile devices, which is crucial as employees increasingly rely on smartphones and tablets for work. MDM and IAM work together to enhance security across devices and safeguard user information. MDM can provision applications securely, complementing IAM’s authentication processes, so organizations maintain full control over device access while protecting data integrity. This synergy between IAM and MDM is critical, as it extends the security and control offered by IAM to mobile devices and supports the increased mobility needs of modern workplaces.

End-use Segmentation Insights:

IAM solutions serve a range of industries, including BFSI (banking, financial services, and insurance); energy, oil & gas; telecom & IT; education; healthcare; public sector & utilities; manufacturing; and others. In 2022, the public sector and utilities segment held the largest revenue share, accounting for over 25% of the market. This segment’s growth is driven by increased digitalization efforts within the public sector, substantial investments in digital applications, and the management of large amounts of public data. As public entities adopt digital processes, they require IAM solutions to ensure secure access to sensitive data, making IAM critical in safeguarding public sector information systems.

The BFSI segment is expected to witness the fastest growth over the forecast period. As online transactions, e-wallets, and digital banking become increasingly popular, the BFSI industry is adopting IAM solutions to secure access rights, minimize security risks, and comply with regulatory standards. IAM provides this sector with the ability to authenticate users, control access to financial data, and protect customers from fraud. As financial services become more digitally driven, IAM systems help safeguard sensitive data and manage risks associated with unauthorized access to financial resources.

Other sectors, including manufacturing, education, IT & telecom, retail & consumer packaged goods, and energy & utilities, are also expected to experience significant growth in IAM adoption. For instance, the manufacturing sector uses IAM to control access to proprietary data and manage IoT-enabled equipment securely. The education sector benefits from IAM by managing secure access to educational resources and student data, while IT & telecom companies rely on IAM to control data access across complex, large-scale infrastructures. Similarly, energy and utility companies adopt IAM to safeguard critical infrastructure, managing employee access and monitoring systems to prevent unauthorized access.

In summary, the IAM market is growing rapidly as organizations across industries increasingly rely on IAM to protect data, ensure regulatory compliance, and optimize access control. The integration of IAM with emerging technologies like AI, IoT, and cloud computing is enhancing the scope of IAM solutions, making them essential for secure digital transformation. Despite challenges such as high implementation costs and the complexity of integrating IAM with existing systems, the expanding need for data security, particularly in public and BFSI sectors, is expected to drive sustained growth in the IAM market.

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Identity And Access Management Industry Insights and Trends Report by 2030

In 2022, the global identity and access management (IAM) market was valued at USD 15.93 billion, and it is projected to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM solutions help organizations control and manage who has access to resources, ensuring that each employee and role within a company has appropriate permissions to perform their duties effectively. By implementing IAM systems, businesses can streamline the process of managing applications for employees, avoiding the need for administrators to individually log in to each app. The increasing integration of IoT, AI advancements, greater awareness of regulatory compliance, and widespread adoption of cloud technologies are key factors expected to fuel the growth of IAM over the forecast period.

With the rise in cybercrime and fraudulent activities, the need for secure and efficient IAM solutions has become more urgent. As organizations adopt cloud computing and embrace new technologies, IAM solutions are evolving to meet the demand for enhanced security. IAM systems use identity analytics and intelligence to monitor and flag unusual user account activities. These systems can identify and remove inactive accounts, detect any violations of company policies, and revoke access rights that are inappropriate for a user’s role. In this way, IAM solutions address enterprise security concerns and mitigate risks associated with unauthorized access.

The centralization that IAM provides is another driver for adoption. With IAM, companies can administer access rights across applications and manage authentication processes more efficiently, making tasks like signing up, signing in, and managing user credentials more streamlined for employees. This system of centralized control reduces costs associated with application management, as it provides reliable connectivity, standardizes processes, and implements user policies. IAM also ensures consistent identity verification and access protocols, enhancing user trust and reliability.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

An important development in IAM is its integration with mobile device management (MDM) solutions. MDM enables companies to manage and control user access on mobile devices, which is crucial as employees increasingly rely on smartphones and tablets for work. MDM and IAM work together to enhance security across devices and safeguard user information. MDM can provision applications securely, complementing IAM’s authentication processes, so organizations maintain full control over device access while protecting data integrity. This synergy between IAM and MDM is critical, as it extends the security and control offered by IAM to mobile devices and supports the increased mobility needs of modern workplaces.

End-use Segmentation Insights:

IAM solutions serve a range of industries, including BFSI (banking, financial services, and insurance); energy, oil & gas; telecom & IT; education; healthcare; public sector & utilities; manufacturing; and others. In 2022, the public sector and utilities segment held the largest revenue share, accounting for over 25% of the market. This segment’s growth is driven by increased digitalization efforts within the public sector, substantial investments in digital applications, and the management of large amounts of public data. As public entities adopt digital processes, they require IAM solutions to ensure secure access to sensitive data, making IAM critical in safeguarding public sector information systems.

The BFSI segment is expected to witness the fastest growth over the forecast period. As online transactions, e-wallets, and digital banking become increasingly popular, the BFSI industry is adopting IAM solutions to secure access rights, minimize security risks, and comply with regulatory standards. IAM provides this sector with the ability to authenticate users, control access to financial data, and protect customers from fraud. As financial services become more digitally driven, IAM systems help safeguard sensitive data and manage risks associated with unauthorized access to financial resources.

Other sectors, including manufacturing, education, IT & telecom, retail & consumer packaged goods, and energy & utilities, are also expected to experience significant growth in IAM adoption. For instance, the manufacturing sector uses IAM to control access to proprietary data and manage IoT-enabled equipment securely. The education sector benefits from IAM by managing secure access to educational resources and student data, while IT & telecom companies rely on IAM to control data access across complex, large-scale infrastructures. Similarly, energy and utility companies adopt IAM to safeguard critical infrastructure, managing employee access and monitoring systems to prevent unauthorized access.

In summary, the IAM market is growing rapidly as organizations across industries increasingly rely on IAM to protect data, ensure regulatory compliance, and optimize access control. The integration of IAM with emerging technologies like AI, IoT, and cloud computing is enhancing the scope of IAM solutions, making them essential for secure digital transformation. Despite challenges such as high implementation costs and the complexity of integrating IAM with existing systems, the expanding need for data security, particularly in public and BFSI sectors, is expected to drive sustained growth in the IAM market.

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[marketanalysisdata]

Identity And Access Management Market Product Driving Factors, Capacity and Growth Rate Analysis to 2030

The global identity and access management (IAM) market was valued at USD 15.93 billion in 2022, with expectations to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM solutions provide a critical framework that ensures only authorized individuals and roles within an organization can access necessary resources, applications, and tools to fulfill their duties effectively. This system enables organizations to manage user access across various applications without needing administrator-level access for every single app, simplifying user management and boosting security. With the rise in IoT and AI technologies, heightened awareness around regulatory compliance, and increased digital platform reliance, the demand for IAM solutions is anticipated to grow significantly over the forecast period.

With the rapid rise of cloud adoption and advanced digital technologies, instances of cyber fraud and other malicious activities are increasing. Consequently, businesses are implementing IAM systems that incorporate identity analytics and intelligence to monitor unusual account behaviors and alert administrators of potential threats. IAM systems help businesses identify and remove inactive accounts, detect policy violations, and remove unauthorized access privileges. This reduces security risks and fosters compliance with data protection and privacy regulations, which are growing concerns for enterprises of all sizes. IAM also offers cost-effective solutions for application administration by centralizing connectivity and simplifying identity modifications, ultimately enhancing user reliability and reducing administrative tasks associated with access management.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

Moreover, the integration of IAM solutions with mobile device management (MDM) further enhances their functionality and ensures comprehensive control over mobile access. MDM is an essential component of IAM, enabling administrators to control applications and users on mobile devices securely. Given that IAM is used on multiple device types, extending it to mobile devices becomes a critical need for organizations. MDM supports this by facilitating app provisioning, enforcing device security policies, and protecting each connected device, thereby improving overall security. Together, IAM and MDM create a robust security system for user identity and device control, providing flexibility and enhanced security for businesses with a mobile workforce.

Component Segmentation Insights:

The IAM market is categorized into several components, including audit, compliance & governance, directory service, multifactor authentication, provisioning, password management, and single sign-on (SSO). Among these, the provisioning segment led the market in 2022, accounting for over 29.70% of the total revenue. Provisioning services are vital because they add an extra security layer by authenticating and granting individual users controlled access to an organization’s information systems. This added security has bolstered the adoption of provisioning solutions, helping businesses protect sensitive data and restrict access only to verified users.

Multifactor authentication (MFA) is projected to grow at the fastest CAGR over the forecast period. MFA enhances security by requiring users to present multiple credentials (such as a password and a secondary code or biometric verification) before accessing applications. This added security layer significantly strengthens access control and reduces unauthorized access risks. Consequently, a growing number of businesses across diverse industries are adopting MFA to secure sensitive applications and data. With cyber threats on the rise, the demand for MFA is likely to continue to accelerate as organizations prioritize enhanced security measures to protect their operations.

The overall growth trajectory of the IAM market reflects an increasing demand for secure, scalable, and user-friendly access management solutions as digital platforms become more critical to business success. As the market evolves, IAM will continue to play a key role in helping organizations enhance security, ensure regulatory compliance, and improve operational efficiency.

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Identity And Access Management Market Research: Growth Opportunities by Regions, Types & Applications to 2030

The global identity and access management (IAM) market was valued at USD 15.93 billion in 2022, with expectations to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM solutions provide a critical framework that ensures only authorized individuals and roles within an organization can access necessary resources, applications, and tools to fulfill their duties effectively. This system enables organizations to manage user access across various applications without needing administrator-level access for every single app, simplifying user management and boosting security. With the rise in IoT and AI technologies, heightened awareness around regulatory compliance, and increased digital platform reliance, the demand for IAM solutions is anticipated to grow significantly over the forecast period.

With the rapid rise of cloud adoption and advanced digital technologies, instances of cyber fraud and other malicious activities are increasing. Consequently, businesses are implementing IAM systems that incorporate identity analytics and intelligence to monitor unusual account behaviors and alert administrators of potential threats. IAM systems help businesses identify and remove inactive accounts, detect policy violations, and remove unauthorized access privileges. This reduces security risks and fosters compliance with data protection and privacy regulations, which are growing concerns for enterprises of all sizes. IAM also offers cost-effective solutions for application administration by centralizing connectivity and simplifying identity modifications, ultimately enhancing user reliability and reducing administrative tasks associated with access management.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

Moreover, the integration of IAM solutions with mobile device management (MDM) further enhances their functionality and ensures comprehensive control over mobile access. MDM is an essential component of IAM, enabling administrators to control applications and users on mobile devices securely. Given that IAM is used on multiple device types, extending it to mobile devices becomes a critical need for organizations. MDM supports this by facilitating app provisioning, enforcing device security policies, and protecting each connected device, thereby improving overall security. Together, IAM and MDM create a robust security system for user identity and device control, providing flexibility and enhanced security for businesses with a mobile workforce.

Component Segmentation Insights:

The IAM market is categorized into several components, including audit, compliance & governance, directory service, multifactor authentication, provisioning, password management, and single sign-on (SSO). Among these, the provisioning segment led the market in 2022, accounting for over 29.70% of the total revenue. Provisioning services are vital because they add an extra security layer by authenticating and granting individual users controlled access to an organization’s information systems. This added security has bolstered the adoption of provisioning solutions, helping businesses protect sensitive data and restrict access only to verified users.

Multifactor authentication (MFA) is projected to grow at the fastest CAGR over the forecast period. MFA enhances security by requiring users to present multiple credentials (such as a password and a secondary code or biometric verification) before accessing applications. This added security layer significantly strengthens access control and reduces unauthorized access risks. Consequently, a growing number of businesses across diverse industries are adopting MFA to secure sensitive applications and data. With cyber threats on the rise, the demand for MFA is likely to continue to accelerate as organizations prioritize enhanced security measures to protect their operations.

The overall growth trajectory of the IAM market reflects an increasing demand for secure, scalable, and user-friendly access management solutions as digital platforms become more critical to business success. As the market evolves, IAM will continue to play a key role in helping organizations enhance security, ensure regulatory compliance, and improve operational efficiency.

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[industrynewsupdates]

Identity And Access Management Market In-Depth Analysis and Forecast, 2030

The global identity and access management market size is anticipated to reach USD 41.52 billion by 2030, registering a CAGR of 12.6% over the forecast period, according to a new study by Grand View Research Inc. Identity and access management (IAM) is a security discipline that ensures the right entities to use the right resources (data or apps). Advancements in the internet of things (IoT) and artificial intelligence (AI), rising awareness about regulatory compliance management, and increasing reliance on digital platforms & automation across industries are anticipated to drive the industry over the forecast period. The integration of IAM solutions and MDM is anticipated to drive market growth over the forecast period.The rising fraudulent and cybercrime activities are driving enterprises to implement IAM systems as a result of the rapid adoption of the cloud and the advancement of new technologies, such as AI and ML. IAM uses identity analytics and intelligence to monitor unusual user account activity.

Furthermore, IAM systems reduce the cost of services, such as outsourcing, among others. Hence, the rising enterprise identity and security concerns and the elimination of service costs drive the growth of the industry over the forecast period. Furthermore, high installation costs of identity and access management systems are expected to stifle the growth of the industry over the forecast period. The identity and access management industry is adopting the latest IAM business technologies as capital technology. These technologies have increased market opportunities for identity and access management which have been purchased and implemented in recent years. IAM contracts' market revenue necessitates extensive implementation. Hence, cloud-based IAM services and technology are becoming more accessible by the day which creates opportunities for market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

Detailed Segmentation:

Component Insights

On the basis of components, the global industry has been further categorized into audit, compliance & governance, directory service, multifactor authentication, provisioning, password management, and single sign-on. The provisioning sub-segment dominated the industry in 2022 and accounted for the largest share of more than 29.70% of the overall revenue. Identity management as a service provides an additional layer of security by identifying, validating, and granting individuals access to a company's information systems.

Deployment Insights

On the basis of deployment modes, the global industry has been further classified into cloud, hybrid, and on-premise. The on-premise deployment sub-segment led the market in 2022 and accounted for the largest share of more than 50.45% of the overall revenue, due to the functionality of the solution without the need for an external network connection and access through Wide-Area Network (WAN) too. The cloud-based sub-segment is anticipated to register the highest CAGR over the forecast period.

End-use Insights

On the basis of end-uses, the industry has been further classified into BFSI; energy, oil & gas; telecom & IT; education; healthcare; public sector & utilities; manufacturing; and others. The public sector & utilities end-use segment dominated the industry in 2022 and accounted for the maximum share of more than 25.00% of the overall revenue. Rising digitalization adoption, increased investment in public sector applications, and the presence of a large amount of public data that are to be stored are the factors driving the segment growth.

Regional Insights

On the basis of geographies, the industry has been further categorized into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the global industry in 2022 and accounted for the largest share of more than 36.45% of the overall revenue. Increased cases of cyber-attacks faced by firms due to increased internet penetration are among the key driving factors for regional growth.

Browse through Grand View Research's Network Security Industry Research Reports.

• The global service provider network infrastructure market size was valued at USD 139.21 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2028.

• The global next-generation firewall market size was valued at USD 4.33 billion in 2021 and is expected to expand at a CAGR of 11.1% from 2022 to 2030. 

Key Companies & Market Share Insights

The global industry is highly competitive. Key players undertake various strategies, such as M&A, business expansions, and product portfolio expansions, to gain a higher market share. For instance, in May 2022, Microsoft announced the launch of a family of IAM named Entra. Entra includes its existing tools, such as Azure AD, with its new product, Decentralized Identity and Cloud Infrastructure Entitlement Management (CIEM). Entra is intended to safeguard access to any resource or application by allowing security professionals to detect and manage permissions in multi-cloud environments, allowing them to secure digital identities from end to end. 

Some of the prominent players in the global identity and access management market include:

• Amazon Web Services, Inc.

• Broadcom

• One Identity LLC.

• ForgeRock

• HID Global Corp.

• IBM

• McAfee, LLC

• Microsoft

• Okta

• OneLogin

• Oracle

• Ping Identity

Identity And Access Management Market Segmentation

Grand View Research has segmented the globalidentity and access management market on the basis of component, deployment, end-use, and region:

IAM Component Outlook (Revenue, USD Million, 2018 - 2030)

• Audit, Compliance & Governance

• Directory Service

• Multifactor Authentication

• Provisioning

• Password Management

• Single Sign-On

IAM Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Cloud

• Hybrid

• On-premise

IAM End-use Outlook (Revenue, USD Million, 2018 - 2030)

• BFSI

• Energy, Oil & Gas

• Telecom & IT

• Education

• Healthcare

• Public Sector & Utilities

• Manufacturing

• Others

IAM Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

[apexon-digital]

Unlocking Business Success: The Power of a Robust Cloud Strategy

In today’s digital-first world, organizations are rapidly adopting cloud technologies to stay competitive and agile. A well-defined cloud strategy is no longer just a technology upgrade; it’s a critical component for driving business growth, innovation, and operational efficiency. In this blog, we'll explore why having a comprehensive cloud strategy is essential for modern enterprises and how it can unlock new opportunities for business success.

Why is a Cloud Strategy Important?

A cloud strategy outlines how an organization will leverage cloud computing to achieve its business goals. It provides a roadmap for selecting the right cloud services, managing data, and optimizing costs while ensuring security and compliance. Without a strategic approach, businesses risk overspending, underutilizing resources, and failing to achieve desired outcomes.

Key Components of an Effective Cloud Strategy

Assessment and Planning: Begin by assessing your current IT landscape. Identify workloads suitable for the cloud and evaluate their readiness. Planning should include defining objectives, setting timelines, and determining the resources needed for a smooth migration.

Choosing the Right Cloud Model: Whether it’s public, private, or hybrid cloud, selecting the right model is crucial. Consider factors such as data sensitivity, compliance requirements, and scalability needs. A hybrid cloud strategy can offer the flexibility to run sensitive workloads on private infrastructure while leveraging the public cloud for scalable applications.

Cost Management: One of the significant benefits of cloud adoption is cost efficiency. However, without a solid cloud strategy, expenses can spiral out of control. Implement cost management practices such as rightsizing instances, using reserved instances, and leveraging cloud-native cost management tools to optimize spending.

Security and Compliance: Security should be a top priority in your cloud strategy. Implement robust security measures such as encryption, identity and access management (IAM), and regular audits. Additionally, ensure compliance with industry standards like GDPR, HIPAA, or PCI-DSS based on your business requirements.

Cloud Governance: Establish governance policies to control how cloud resources are consumed across the organization. This includes setting up access controls, monitoring usage, and enforcing best practices to maintain a secure and efficient cloud environment.

Continuous Optimization: A cloud strategy is not a one-time effort but an ongoing process. Continuously monitor performance, costs, and security postures to identify areas for improvement. Use analytics and feedback to refine your strategy and ensure it aligns with evolving business goals.

Common Challenges in Implementing a Cloud Strategy

Complexity of Migration: Migrating legacy systems to the cloud can be complex and time-consuming. A phased approach, starting with non-critical workloads, can help mitigate risks and minimize disruptions.

Skill Gaps: Organizations often lack the necessary skills to manage cloud environments effectively. Investing in training and hiring experienced professionals is crucial for a successful cloud strategy.

Data Security Concerns: While cloud providers offer robust security, the shared responsibility model means businesses must also secure their data and applications. Ensure your cloud strategy includes a comprehensive security plan.

The Future of Cloud Strategy

As technologies like AI, IoT, and edge computing evolve, they will further impact cloud strategy. Businesses must stay ahead by adopting new technologies and adapting their strategies to leverage these advancements. A proactive approach to cloud strategy will enable organizations to innovate faster, respond to market changes, and deliver superior customer experiences.

Conclusion

A well-crafted cloud strategy is more than just a technology plan; it’s a business enabler that drives innovation, reduces costs, and enhances agility. By understanding the key components and overcoming common challenges, organizations can unlock the full potential of the cloud and position themselves for long-term success. Whether you are just starting your cloud journey or looking to optimize existing deployments, a strategic approach will ensure you get the most out of your cloud investments.