Personal Identity Management Market to grow by USD 10.45 billion between 2022 - 2027 | Growth Driven by Rapid Growth of IoT Networks - Technavio
NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The Personal Identity Management Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the personal identity management market between 2022 and 2027 is USD 10.45 billion. The rapid growth of IoT networks drives the personal identity management market growth. IoT allows connections and exchanges of data between objects, and in view of the increasing demand for Internet of Things products, there is strong pressure on Internet service providers to introduce them into the market. Furthermore, the negligence of access control, security, and privacy management results in this situation. Additionally, an aggregated view of the customer allows personalized engagement and consistent customer experiences at every channel and device to increase loyalty. Hence, such factors drive the growth of the personal identity management market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The personal identity management market is segmented by End-user (BFSI, Government, Telecom and IT, Retail and consumer goods, and Others), Deployment (On-premise and Cloud-based), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
Key Companies in the Personal Identity Management Market:
AO Kaspersky Lab, Avatier Corp., Broadcom Inc., Constellation Software Inc., CyberArk Software Ltd., Delinea Inc., Dell Technologies Inc., Experian Plc, ForgeRock Inc., International Business Machines Corp., Microsoft Corp., Okta Inc., Open Text Corp., Oracle Corp., Ping Identity Corp., Quest Software Inc., SailPoint Technologies Inc., Salesforce Inc., Thales Group, Zoho Corp. Pvt. Ltd.
The identity (ID) verification market size is estimated to grow at a CAGR of 16.18% between 2022 and 2027. The market size is forecast to increase by USD 10,813.97 million. This identity verification market report extensively covers market segmentation by component (solutions and services), type (large enterprises, small, and medium-sized enterprises (SMEs)), and geography (North America, APAC, Europe, South America, and Middle East and Africa). An increase in digitalization with electronic ID cards (eID) and smart infrastructure initiatives is the key factor driving the growth of the market.
The Identity and Access Management (IAM) Market is estimated to grow at a CAGR of 12.5% between 2022 and 2027. The market size is forecasted to increase by USD 12,736.24 million. This IAM market report extensively covers market segmentation by end-user (large enterprises, government organizations, and SMEs), deployment (on-premises and cloud-based), and geography (North America, Europe, APAC, Middle East and Africa, and South America). The rapid growth of Internet of Things (IoT) networks is notably driving market growth.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Deployment
Market Segmentation by Geography
Drivers, Challenges, & Trends
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