Cloud IAM Market Growing at a Robust CAGR of 20.9%, Set to Reach USD 46,035.6 Million by 2034 | Future Market Insights, Inc.
The global market for Cloud (identity and access management) IAM continues to expand, innovations in identity management technologies are expected to drive further growth.
NEWARK, Del, Sept. 17, 2024 (GLOBE NEWSWIRE) — The global
Competitive Landscape:
The Cloud IAM market is currently led by major players such as Microsoft, IBM, and Oracle, which dominate with comprehensive, enterprise-level solutions tailored to the needs of large organizations. These industry giants provide robust and secure IAM tools that cater to businesses’ complex security requirements. Okta and SailPoint, however, are gaining traction by offering more specialized, flexible IAM services that appeal to organizations looking for adaptable solutions.
Meanwhile, emerging companies like OneLogin and Ping Identity are carving out a niche by targeting smaller businesses with user-friendly, affordable platforms. As the market evolves, companies are forming strategic partnerships and continuing to innovate, vying for a larger share of the rapidly growing IAM sector.
Recent Industry Developments in the Cloud IAM Market:
- In April 2024, Cyderes, a global cybersecurity provider, acquired Ipseity Security, a Canadian firm specializing in identity and access management (IAM). This acquisition will enhance Cyderes’ expertise in cloud identity and privileged access management, adding more than 250 IAM professionals to its team and expanding its offerings across the entire IAM ecosystem.
- In January 2023, Saviynt, an identity management company based in Los Angeles, secured USD 205 million in growth funding from AB Private Credit Investors (Alliance Bernstein). This capital injection is intended to meet the rising demand for Saviynt’s cloud IAM solutions, emphasizing the growing importance of seamless cloud integration in identity management.
- In October 2022, Quest Software’s One Identity acquired OneLogin, a cloud IAM provider. This acquisition enabled One Identity to offer a comprehensive IAM suite, including privileged access management (PAM), identity governance and administration (IGA), and cloud-native IAM solutions, providing managed service providers (MSPs) and their clients with a holistic IAM package for securing identities in hybrid environments.
Key Players of Cloud IAM Market:
- IBM
- Microsoft
- Broadcom
- Secureworks, Inc.
- Oracle Corporation
- Intel Corporation
- OneLogin, Inc.
- Hewlett Packard Enterprise
- Sailpoint Technologies Holdings, Inc.
- Ping Identity
- Okta
- Dell
- DigitalOcean
Key Segments of Cloud IAM Market:
By Solution:
In terms of Solutions, the industry is segregated into Cloud IAM Platform and Standalone Software.
By Enterprise Size:
In terms of Enterprise Size, the End User is distributed into Small and Medium-sized Enterprises (SMEs) and Large Enterprises.
By Industry:
In terms of Industry, the End User is distributed BFSI, Telecom & IT, Energy and Utilities, Healthcare, Manufacturing, Education, Retail and Others
By Region:
German Translation-
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA) have been covered in the report.
Der globale Cloud-IAM-Markt wird voraussichtlich exponentiell von 6.880,7 Millionen USD im Jahr 2024 auf beeindruckende 46.035,6 Millionen USD im Jahr 2034 wachsen, was einer robusten durchschnittlichen jährlichen Wachstumsrate von 20,9 % im Prognosezeitraum entspricht. Da Unternehmen auf Cloud-basierte Lösungen für verbesserte Sicherheit und Datenverwaltung umsteigen, steigt die Nachfrage nach IAM-Lösungen stetig.
Den Cloud-IAM-Markt verstehen:
Unternehmen, insbesondere in Sektoren wie Finanzen, Gesundheitswesen und Regierung, setzen zunehmend Cloud-IAM-Lösungen ein, um vertrauliche Daten zu schützen und sich entwickelnde regulatorische Standards einzuhalten. Diese Lösungen bieten eine nahtlose Verwaltung von Benutzeridentitäten und gewährleisten einen sicheren Zugriff über verschiedene Plattformen und Anwendungen hinweg.
Darüber hinaus haben der wachsende Trend zur Fernarbeit und die zunehmende Cloud-Nutzung durch kleine und mittlere Unternehmen (KMU) das Marktwachstum weiter angekurbelt. Da sich die Bedrohungen für die Cybersicherheit ständig weiterentwickeln, werden Cloud-IAM-Lösungen für Unternehmen unverzichtbar, um ihre Daten und ihre IT-Infrastruktur zu sichern.
Mit dem Fortschritt der Branche konzentrieren sich die Anbieter auf die Integration von KI und maschinellem Lernen, um die IAM-Funktionalitäten zu verbessern und intuitivere Lösungen anzubieten, die die Komplexität der Verwaltung von Zugriffskontrollen und Authentifizierungssystemen reduzieren.
Treiber und Chancen
Zu den wichtigsten Treibern, die den Cloud-IAM-Markt antreiben, gehören zunehmende Fälle von Datenschutzverletzungen, strenge gesetzliche Anforderungen wie die DSGVO und der steigende Bedarf von Unternehmen, aufgrund der wachsenden Zahl von Remote-Mitarbeitern einen sicheren Fernzugriff zu gewährleisten. Darüber hinaus schafft die Verbreitung von Cloud Computing in allen Branchen und Regionen, insbesondere in Schwellenländern, lukrative Möglichkeiten für IAM-Lösungsanbieter.
Innovationen in den Bereichen biometrische Authentifizierung, passwortlose Sicherheitssysteme und Blockchain-Technologien werden voraussichtlich weitere Marktchancen bieten. Diese Fortschritte helfen, die Schwächen traditioneller IAM-Systeme zu beheben, und machen Cloud-basiertes IAM zu einer attraktiveren Option für Unternehmen.
Author by:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management across verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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