Identity Governance and Administration Market - Size, Share, Demand, Industry Trends and Opportunities
Global Identity Governance and Administration Market, By Component (Solution and Services), Deployment Mode (Cloud, On-premises), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (BFSI, Government and Defense, Telecom and It, Healthcare and Life Sciences, Energy and Utilities, Retail and Consumer Goods, Manufacturing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends
The identity governance and administration market is expected to witness market growth at a rate of 15.7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on identity governance and administration market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
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**Segments**
- Based on component, the identity governance and administration market can be segmented into software and services. The software segment is further classified into advanced authentication, password management, compliance management, provisioning, and others. On the other hand, the services segment includes consulting, implementation, and support & maintenance services.
- In terms of deployment model, the market is categorized into cloud and on-premises. The cloud deployment model is witnessing significant growth due to its scalability, flexibility, and cost-effectiveness. On the contrary, the on-premises deployment model offers enhanced data security and control over sensitive information.
- By organization size, the market can be divided into small & medium-sized enterprises (SMEs) and large enterprises. SMEs are increasingly adopting identity governance and administration solutions to bolster their cybersecurity measures and comply with regulatory requirements. Large enterprises are investing heavily in advanced identity governance and administration platforms to manage complex IT environments efficiently.
**Market Players**
- IBM Corporation
- Oracle
- Broadcom
- Micro Focus
- RSA Security LLC
- Saviynt
- Hitachi ID Systems, Inc.
- Omada A/S
- Evidian
- ManageEngine
- Identity Automation
- Microsoft
- SAP
- Dell Technologies
- ProofID
- Gurucul
- Brainwave GRC
These market players are actively involved in product launches, partnerships, collaborations, and acquisitions to strengthen their market presence and expand their customer base. The competitive landscape of the identity governance and administration market is characterized by intense rivalry, technological advancements, and a focus on innovation to offer tailored solutions to clients.
https://www.databridgemarketresearch.com/reports/global-identity-governance-and-administration-marketThe identity governance and administration market is witnessing significant growth driven by the increasing emphasis on cybersecurity, regulatory compliance, and the need for efficient management of identities and access rights within organizations. As businesses continue to face ever-evolving cybersecurity threats, the demand for robust identity governance and administration solutions is on the rise. The market segmentation based on components allows organizations to tailor their solutions according to specific needs, whether it be advanced authentication, compliance management, or provisioning. The services segment also plays a crucial role in providing consulting, implementation, and support services to ensure seamless integration and operation of identity governance and administration solutions.
Deployment models play a vital role in shaping the market landscape, with the cloud deployment model gaining traction due to its scalability and cost-effectiveness. Cloud-based identity governance and administration solutions offer organizations the flexibility to scale their infrastructure according to their requirements, making them ideal for businesses of all sizes. On the other hand, the on-premises deployment model appeals to organizations seeking enhanced data security and greater control over their sensitive information. The choice of deployment model often depends on factors such as data sensitivity, compliance requirements, and organizational preferences.
Organizational size serves as another significant segmentation factor in the identity governance and administration market. Small and medium-sized enterprises (SMEs) are increasingly recognizing the importance of robust cybersecurity measures and compliance with regulations, leading to a higher adoption rate of identity governance and administration solutions. Large enterprises, on the other hand, are investing heavily in advanced platforms to manage complex IT environments efficiently and ensure secure access management across their organizations.
The competitive landscape of the identity governance and administration market is marked by intense rivalry and a focus on innovation among key players. Companies such as IBM Corporation, Oracle, Broadcom, and Microsoft are actively engaged in product launches, partnerships, and acquisitions to strengthen their market presence and cater to evolving customer demands. Collaborations and strategic alliances are common strategies employed by market players to enhance their product offerings and expand their customer base. Additionally, technological advancements in areas such as artificial intelligence,**Global Identity Governance and Administration Market**
- **Components**: The market is segmented into solutions and services, with the solutions category further subdivided into advanced authentication, password management, compliance management, provisioning, and others. Services encompass consulting, implementation, and support & maintenance services, offering a comprehensive range of options to organizations seeking identity governance and administration solutions.
- **Deployment Mode**: The two primary deployment models in this market are cloud and on-premises. Cloud deployment is gaining momentum due to its scalability and cost-effectiveness, allowing businesses to adapt their infrastructure flexibly. On-premises deployment offers heightened data security and control over sensitive information, appealing to organizations with stringent security requirements and regulatory compliance concerns.
- **Organization Size**: The market caters to both small & medium-sized enterprises (SMEs) and large enterprises. SMEs are increasingly investing in identity governance and administration solutions to enhance cybersecurity measures and ensure regulatory compliance. Large enterprises, on the other hand, are focusing on sophisticated platforms to manage their intricate IT environments effectively and secure access management across their operations.
**Industry Verticals and Geographic Analysis**: The Global Identity Governance and Administration Market caters to a wide range of industry verticals including BFSI, Government & Defense, Telecom & IT, Healthcare & Life Sciences, Energy & Utilities, Retail & Consumer Goods, Manufacturing, and others. Geographically, the market spans across regions such as the U.S., Canada, Mexico, Brazil, Argentina, Germany, Italy, U.K
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Identity Governance and Administration Market Landscape
Part 04: Global Identity Governance and Administration Market Sizing
Part 05: Global Identity Governance and Administration Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Identity Governance and Administration Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Identity Governance and Administration Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
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