The Global Consumer IAM Market is Predict to reach $19 Billion by 2027, at a CAGR of 15%

Published Date: 28-Feb-2022

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Consumer IAM Market Growth, Trends and Report Highlights

According to a new report Global Consumer IAM Market, published by KBV research, The Global Consumer IAM Market size is expected to reach $19 billion by 2027, rising at a market growth of 15.0% CAGR during the forecast period.

The Solution market dominated the Global Consumer IAM Market by Component 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $12.1 billion by 2027. Customer IAM solutions enable customers to companies to provide customized, repeatable experiences for clients along with protecting data and privacy.

The Cloud market dominated the Global Consumer IAM Market by Deployment Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $12.3 billion by 2027. It is owing to the increasing usage of cloud-based solutions by numerous SMEs. The rapid pace of digitalization among various enterprises would further escalate the growth of the segment over the forecast period.

The Large Enterprises market dominated the Global Consumer IAM Market by Enterprise Size 2020, thereby, achieving a market value of $12,259.2 million by 2027. Large enterprises are investing heavily in modern technological solutions in order to provide superior identity protection for their clients. Large firms, which offer extensive goods across a variety of categories and industries, are likely to adopt IAM solutions.

The BFSI market dominated the Global Consumer IAM Market by End User 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4.8 billion by 2027. Digital success of financial institutions requires a strong consumer identity and access management strategy. Many financial services businesses have yet to invest in modernization and are now faced with the hard fact that they are ill-equipped to conduct business entirely online, which is creating more demand for latest solutions like consumer IAM.

The North America market dominated the Global Consumer IAM Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.3 billion by 2027, growing at a CAGR of 13.4 % during the forecast period. The Europe market is estimated to witness a CAGR of 14.1% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 16.8% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/consumer-iam-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Okta, Inc., Ping Identity Holding Corp. (Vista Equity Partners), ForgeRock, Inc., LoginRadius, Inc., IBM Corporation, Salesforce.com, Inc., Microsoft Corporation, SAP SE, Broadcom, Inc., and Akamai Technologies, Inc.

Global Consumer IAM Market Segmentation

By Component

  • Solution
    • Identity Verification & Authentication
    • Access Management & Authorization
    • Behaviour Analytics
    • Others
  • Services

By Deployment Type

  • Cloud
  • On Premises

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By End User

  • BFSI
  • Public Sector & Utilities
  • IT & Telecom, Healthcare
  • Transportation & Logistics
  • Retail & e-commerce
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Okta, Inc.
  • Ping Identity Holding Corp. (Vista Equity Partners)
  • ForgeRock, Inc.
  • LoginRadius, Inc.
  • IBM Corporation
  • Salesforce.com, Inc.
  • Microsoft Corporation
  • SAP SE
  • Broadcom, Inc.
  • Akamai Technologies, Inc.

Unique Offerings from KBV Research

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Related Reports:

North America Consumer IAM Market, Future Scope & Opportunities 2021-2027

Europe Consumer IAM Market, Size & Growth Forecast 2021-2027

Asia Pacific Consumer IAM Market, Size, Share & Industry Outlook to 2027

LAMEA Consumer IAM Market, Growth, Trends and Forecasts 2021-2027

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