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Global Identity and Access Management Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 13.43% - ResearchAndMarkets.com

[June 21, 2018]

Global Identity and Access Management Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 13.43% - ResearchAndMarkets.com

The "Global Identity and Access Management Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the Global Identity and Access Management Market to grow at a CAGR of 13.43% during the period 2018-2022.

Identity and access management (IAM) aids the end-users to ensure the correct access to the right resources across the increasing multiple technology environments. IAM solutions provide secured and identity-based access to various systems, applications, and information on-premises and in the cloud from any location.

The emergence of BYOD will be a key trend driving the market growth. Organizations are adopting smartphones and tablets to enable the employees to work remotely and access the corporate network with permission from the enterprise IT departments. Enterprises are adopting IAM to increase the robustness and security of the networking systems.

The increase in data theft across the globe will drive the market growth. Globally, the number of data breaches and theft of files is increasing steadily. The activities of cyber thefts by hackers and cybercriminals are increasing exponentially. Several large enterprises suffered significant amount of data breaches, primarily data breach.

The report states that the threat from open-source IAM solutions will impact the market growth. Open-source IAM solutions are challenging the growth of the on-premises and cloud-based market. These solutions can be downloaded and run on several platforms. Small-scale enterprises in developing economies such as India and China are adopting these solutions due to their cost-effectiveness and more flexibility.

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