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(IT-NEWSWIRE.COM, October 21, 2018 ) According to a new study published by Polaris Market Research The increasing adoption of connected devices, Bring Your Own Device (BYOD), Internet of Things (IoT) and audit management combined with cost control are the prime components boosting the Identity & Access Management Market growth. Additionally, the growth in online applications and risk management compliance mandates are anticipated to impel the market and thus it is projected to gain traction over the forecast period.
According to a new report on Identity & Access Management Market is anticipated to reach USD 25.15 billion by 2026 and is anticipated to grow at a CAGR of 12.1% during the forecast period.
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Major industry players included in Identity & Access Management Market research study are HP, Intel Corporation, Okta, Inc., Microsoft, Dell, Oracle, Inc, Siemens and NetIQ Corporation among others.
Identity & Access Management Market in North American dominated the market in 2017, and is projected to represent more than 30% of the overall share by 2026. Many offices in the North American region provide their employees with an equipment based individual recognizable proof confirmation card for gaining access to restricted areas. This has pushed the adoption of IAM in this region. Cloud IAM market is anticipated to witness strong demand over the forecast years, increasing at a high growth rate. Cloud deployments provide cost advantage and are anticipated to change the traditional IT security scenario.
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Identity & Access Management Market is projected to witness noteworthy development inferable from increasing interest throughout different application segments. Growth in client interaction through physical, online networking, mobile, and different channels for monetary services has given way to enormous development to the IAM solution providers in the BFSI segment. Besides, the oil & gas and energy vertical is anticipated to develop at a significant growth rate amid the forecast years, attributable to innovative technology, for example, robotized framework and distributed computing among others.
Key Findings in Identity & Access Management Market study report suggest that the application of IAM solutions in government segment represented a significant share of revenue in 2017 and is foreseen to show huge development throughout the forecast years. Prominent trends in the industry such as financial development, technological change and statistical developments should be equipped with dynamic framework, thus in turn driving interest for IAM systems.
TOC of Identity & Access Management Market:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
TOC Continued…...!!!
Polaris Market Research
Neel
+1-646-568-9980
neel@polarismarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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