The Global Identity as a Service Market is Predict to reach $19 Billion by 2028, at a CAGR of 21.9%

Published Date: 23-Sep-2022

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Identity as a Service Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Identity As A Service Market size is expected to reach $19 billion by 2028, rising at a market growth of 21.9% CAGR during the forecast period.

The Provisioning market is generating high revenue in the Global Identity As A Service Market by Component Type in 2021; thereby, achieving a market value of $5.8 million by 2028. The growth of the segment is rapidly rising due to the fact that this technology significantly reduces complexities in several processes within a process. The process of creating, deleting, validating, approving, and terminating each user's identity, including customers, partners, and employees within an organization, is referred to as provisioning.

The BFSI market would showcase a CAGR of 22.4% during (2022 - 2028). Critical data held by the banking and finance industry requires a high level of protection. The BFSI sector businesses are implementing IDaaS solutions to maintain compliance, boost productivity, and lower the expense associated with managing the IT infrastructure.

The North America market dominated the Global Identity As A Service Market by Region in 2021; thereby, achieving a market value of $7.3 million by 2028. The Europe market would experience a CAGR of 21.4% during (2022 - 2028). Additionally, The Asia Pacific market is experiencing a CAGR of 22.8% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/identity-as-a-service-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 IBM Corporation, Google LLC, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., Broadcom, Inc. (CA Technologies, Inc.), Ping Identity Holding Corp. (Vista Equity Partners), Okta, Inc., CyberArk Software Ltd. and OneLogin, Inc. (Quest Software Inc.)

Global Identity as a Service Market Segmentation

By Component Type

  • Provisioning
  • Multifactor Authentication
  • Single Sign-On
  • Password Management
  • Directory Services
  • Audit, Compliance & Governance

By End User

  • Public Sector
  • Telecom & IT
  • BFSI
  • Manufacturing
  • Healthcare
  • Education

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

  • IBM Corporation
  • Google LLC
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • Broadcom, Inc. (CA Technologies, Inc.)
  • Ping Identity Holding Corp. (Vista Equity Partners)
  • Okta, Inc.
  • CyberArk Software Ltd.
  • OneLogin, Inc. (Quest Software Inc.)

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Related Reports:

North America Identity as a Service Market size & Opportunities 2022-2028

Europe Identity as a Service Market & Growth Forecast 2022-2028

Asia Pacific Identity as a Service Market Share & Industry Outlook to 2028

LAMEA Identity as a Service Market Growth, Trends & Forecasts 2022-2028

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