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Global Cloud Identity and Access Management (IAM) Market 2017-2023: Market is Estimated to Grow to US$4.860 Billion by 2023, Increasing from US$1.265 Billion in 2018 at a CAGR of 30.89%DUBLIN, Dec. 21, 2017 /PRNewswire/ -- The "Cloud Identity and Access Management (IAM) Market - Industry Trends, Opportunities and Forecasts to 2023" report has been added to Research and Markets' offering. Cloud Identity and Access Management (IAM) market is estimated to grow to US$4.860 billion by 2023, increasing from US$1.265 billion in 2018 at a CAGR of 30.89% over the forecast period. With demand for cloud solutions has been growing exponentially and so is the need for security and privacy of user data. Cloud Identity and Access Management (IAM) solutions offer security over the cloud while maintaining traditional Information Technology (IT) environment. There has been increasing investments in Cloud IAM solutions as it requires less capital investment and assists in reducing operational and maintnance costs among others. However, assignment of security policies to specific users, issues related to implementation roadmap and lack of trust in Cloud IAM solutions are some of the major restraining factors. Owing to improving regulatory reforms and economic stability, APAC is emerging as one of the fastest growing markets over the forecast period. Segmentation By Solution Type
By Organization Size
By Vertical
Key industry players are IBM, Microsoft, Dell, NetIQ Corporation and EMC among others. Media Contact: Research and Markets
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