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World Personal Identity Management (PIM) Market Projections to 2024 by Component, Deployment, Data Type, Industry Vertical, and RegionDUBLIN, July 1, 2019 /PRNewswire/ -- The "Personal Identity Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global personal identity management market is expected to grow at a CAGR of around 11% during 2019-2024. This latest report provides a deep insight into the global personal identity management market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. At present, the PIM market is at a nascent stage, however, with the repeated occurrences of data breaches and security attacks as well as the growing digital footprint of individuals across various channels, it is gaining immense popularity worldwide. Various technological advancements, such as cloud computing, real-time data access, modern electric meters and automated meter infrastructure, have facilitated the adoption of PIM solutions. Further, as many employees work outside the company facilities and firewalls, these systems are being used for security purposes in numerous organizations. Moreover, due to the high frequency and severity of cybercrime incidents, governments across the globe are implementing various laws and regulations for securing personal data. These government mandates are supplementing the utilization of PIM solutions which is having a positive impact on the industry growth. Besides this, with the advent of the Internet of Things (IoT), digital identity management systems can identify devices, sesors and monitors which help in managing personal identity information of the user consisting of their credentials (certificates, tokens, biometrics), identifiers (User ID, email, URL) and attributes (roles, positions, privileges). This is projected to expand the applications of PIM solutions in the coming years. Topics Covered Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/world-personal-identity-management-pim-market-projections-to-2024-by-component-deployment-data-type-industry-vertical-and-region-300877861.html SOURCE Research and Markets |