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The Europe personal identity management market size is would grow at a market growth rate of 10.2% CAGR during the forecast period.
Personal Identity Management (PIM) is the set of rules, standards and algorithms used by individuals and organizations to control the share and use confidential information with other individuals and organizations. Personal Identity Management solutions are ingrained with the capabilities of managing identity, namely usernames, passwords, and other personal information. The content management application is expected to be the dominant segment within the Personal identity management market and it is anticipated to be the largest contributor to the market share during the forecast period. As the adoption of Bring Your Own Devices (BYOD) is gaining prominence within the enterprise levels, the access control segment is anticipated to play a pivotal role in changing the identity management landscape and grow at the highest growth rate during the forecast period. The need for increased scalability, speed, 24/7 customer support, and enhanced management capabilities would propel the cloud deployment model grow at the fastest rate. Small and Medium Enterprises (SMEs), in particular, are largely opting the cloud deployment, as the model can cut costs pertaining to hardware, software, storage, and technical staff. The report highlights the adoption of Personal Identity Management. Based on the component type, the Personal Identity Management market is segmented into Application and Services. Based on the Application type, the market is segmented Access Control and Content Management. Based on service Type, the market is segmented into Professional, and Managed Services. Professional Services are further sub divided into Consulting, Integration & Deployment Services and Support & Maintenance. The market is segmented into On-premise and cloud based bases upon the deployment type. On the basis of Data Type, the market is segmented into Behavioral, Individual, Derived and Self-Identified. The verticals highlighted in this report include Government, Banking, Financial Services, & Insurance, Telecommunication & IT, Healthcare, Energy & Utilities, Retail, Manufacturing, Education and Others. Based on Country, Europe Personal Identity Management market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Personal Identity Management market in 2015. Italy would witness highest CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Personal Identity Management market. Key companies profiled in the report include Microsoft Corporation, Google Inc. Nuance Communications, Inc., Gemalto NV, IBM Corporation, HP Enterprise Company and Dell Inc.