Identity management software enables management of individualÕs authentication, principals, authorizations and privileges to access the systems or premises within or across the organization. These software are deployed with an intent of increasing the security while minimizing the downtime, redundancy in tasks and costs. Identity management software, ensure efficient management of identifying data related to entities such as individuals, computer-related hardware and applications.
Scope of the Report:This report studies the Identity Management Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Identity Management Software market by product type and applications/end industries.
Moreover, identity management software are capable of performing functions such as access request management, account management, compliance management, multifactor authentication, password management, role management, single sign-on, user activity monitoring and user provisioning. These software are either installed on the systems or are available on cloud. Access request management includes a comprehensive solution to create process and approve access requests. Account management involves creating and maintaining accounts of the individuals for accessing a system or premises.
Compliance management encompasses activities such as formulating and implementing standards, policies and regulation for identity management. Multifactor authentication comprise of three categories namely, knowledge factors (passwords), possession factors (such as smart cards) and inherence factors (such as biometric). In multifactor authentication, a user can access the electronic systems by using at least two of the above mentioned factors. Password management involves issuing and processing of both static and dynamic passwords for the users to physically or logically access an electronic system or premise. Role management includes activities such as providing role-based access control by allowing authority to the users depending upon the role of the individual or group. Single sign-on enables access to all the associated systems without asking for userÕs credentials every time he wants to access those systems. User monitoring and user provisioning is important to avoid access of illegal or irrelevant systems, website or other applications.
The global Identity Management Software market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Identity Management Software.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers OneLogin
Okta
PortalGuard
Centrify
Duo Security
PeoplePlatform
Bitium
PracticeProtect
Meldium by LogMeln
Dashlane Business
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Cloud-based
On-Premise
Market Segment by Applications, can be divided into Small & Mid-sized Businesses
Large Enterprise
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
