Consumer IAM Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2027

The Global Consumer IAM Market is estimated to reach USD 57.2 Billion by 2027 at a CAGR of 17.8%.

Customer identity and access management is a type of digital identity management tool for small and medium scale industries and large enterprises. It helps to enable real-time data, activation and end-to-end security of the business and to the enterprise. Moreover, it enables the process to manage and recognize the right person to access the right resources at the right time for the right cause. However, it’s a multi-dimensional concept that enables an organization to securely manage and capture consumer profiles to identify the data dimensionally.

CONSUMER IAM MARKET: Drivers & Challenges

Market Drivers:

Increasing Growth for Digitalisation

Increasing the growth in digital platforms help to increase the security level and transparency of the enterprise for boosting the growth of the consumer IAM market. It is used to improve customer satisfaction, ensure better compliance and reduce the cost for the organization. Also, it used to increase work efficiency by reducing workload and business growth. Moreover, it enables real-time identity tools for businesses growth and development.

Hence, increasing growth for digitalisation is expected to surge the consumer IAM market during the forecast period.

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Rising Adoption for IoT Technology

The demand for consumer IAM is increasing in the adoption of Internet of things (IoT) technology. Also, it provides various advantage such as governance capabilities to manage data and devices. The IoT technology will help to provide extensive growth for both consumers as well as for the business environment. However, the technology is also used for monitoring the device, and for tracking the data.

This trend is expected to continue in the forecast period, which is anticipated to drive the consumer IAM market during the forecast period.

Market Challenges:

Lack of Knowledge and Support

Lack of knowledge and support when it comes to certification and authorization of devices may hamper the growth of the market. However, another problem arises when there is a lack of support for access management solutions which includes outdated, non-existent access management policies and a lack of features to balance the security. Furthermore, the limited technical domain expertise can increase the risk, cost, and delay in the provision of data.

However, the lack of knowledge and support of workers may hinder the growth of the market in the forecast period.

CONSUMER IAM MARKET: Key Segments

Based on Deployment Type: Cloud and On-premise
Segment by Components: Services and Solution
Based on Verification Type: Passwords, Biometric, Knowledge-Based and Token-Based
By End-User: Retail and Consumer Goods, BFSI, Telecommunication, Media and Entertainment, Education, Healthcare, Travel, and Others
Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis

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CONSUMER IAM MARKET: Report Scope

The report on the consumer IAM market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Consumer IAM Market include:

IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
SAP SE
com, Inc.
Okta, Inc.
Akamai Technologies
Microsoft
ForgeRock
LoginRadius Inc.
iWelcome
Trusona
Other Key Companies

CONSUMER IAM MARKET: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Consumer IAM Market, By Deployment Type

Cloud
On-premise

Consumer IAM Market, By Component

Services

Support Services
Training Services
Advisory Services

Solution

Identity Management
Cloud Identity Management
Access Management
Consent Management
Authentication Management

Consumer IAM Market, By Verification Type

Passwords
Biometric
Knowledge-Based
Token-Based

Consumer IAM Market, By End-User

Retail and Consumer Goods
BFSI
Telecommunication
Media and Entertainment
Education
Healthcare
Travel
Others

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Consumer IAM Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the important developments impacting the global market and its advancement?
What will be the outcome of the developments in the global market in the industry and on the market competitor in the near and far future?
What is the type of global markets?
What are the growing applications of the global market?
What are the major characteristics that will influence the global market growth across the study period?
Who is the key global player driver in the market?
How are the major players leveraging in the definite global market conditions?

Table of Content

INTRODUCTION
RESEARCH DESIGN & SCOPE
EXECUTIVE SUMMARY
MARKET DYNAMICS
INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
CONSUMER IAM MARKET BY DEPLOYMENT MODE, Market Size in USD Million (2019-2027)
CONSUMER IAM MARKET BY COMPONENTS, Market Size in USD Million (2019-2027)
CONSUMER IAM MARKET BY VERIFICATION TYPE, MARKET Size in USD Million (2019-2027)
CONSUMER IAM MARKET BY END-USER, MARKET Size in USD Million (2019-2027)
CONSUMER IAM MARKET BY REGION, Market Size in USD Million (2019-2027)
COMPETITIVE LANDSCAPE
COMPANY PROFILES
APPENDIX

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