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The Europe Identity and Access Management Market Size would grow at a market growth rate of 13.3% CAGR during the forecast period (2016 - 2022).
Identity and access management solutions reduce potential risk associated with allocating access and at the same time by monitoring and protecting user access strengthen compliance in multi-perimeter environments. Protecting sensitive data and applications with security policy enforcement, context-based access control and business-driven identity governance are a few benefits of identity and access management system. Emergence of cloud-based identity and access management solutions has contributed largely to the growth of the market. Stringent policies by government cyber authorities to protect data are another major factor driving the growth of identity and access management solution market. On the other hand, Complex integration process and compatibility issues would hinder the growth of the identity and access management market.
Based on the component type, the Identity and Access Management market is segmented into Provisioning, Directory Services, Single Sign-On, Advanced Authentication, Password Management and Audit, Compliance, & Governance. Directory Services is further segmented into Storage, Meta Directories and Virtual Directories. Single Sign- on is segmented into Enterprise and Web & Federated. Password Management is further segmented into Self Service Password Reset and Password Management for Privileged Users.
The market is segmented into Small & Medium Enterprises and Large Enterprises bases upon the Organization Size. Based on Deployment Type, the market is segmented into cloud and On-Premise. The Verticals highlighted in this report include IT & Telecom, BFSI, Government Utilities, Healthcare, Energy, Manufacturing and Others. Based on Country, Europe Identity & Access Management market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Identity & Access Management market in 2015. France would witness a promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Identity & Access Management market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Computer Science Corporation, CA, Inc., Okta, Inc., NetIQ Corporation and Sailpoint Technologies, Inc.