Global Identity Governance and Administration Market by Components, Deployment Types, Organization Size, Industrial Verticals, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global identity governance and administration market is projected to expand at a substantial CAGR during the forecast period. This growth is attributed to the increasing globalization and rising regulatory compliances.

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Identity governance & administration (IGA) is referred as the policy-based centralized orchestration of user identity management and access control. It supports enterprise IT security and regulatory compliance. IGA is considered to be a very important area in the management of information technology in enterprises and organizations. It helps in enhancing and optimizing IT-systems information security and load. Significant rise in cloud-based technology that led in cost-effectiveness and scalability of cloud-based identity governance and administration solution has augmented the demand of this market.

Market Trends, Drivers, Restraints, and Opportunities:

Strict regulatory compliances and the need for various organizations to comply with these regulations is driving the growth of the market.
Various benefits associated with the implementation of these technologies which results in higher effectiveness and efficiency in process of identification is boosting the market growth.
Lack of awareness regarding the technology and their benefits in achieving efficiency of operations is expected to hamper the growth of the market.
Requirement of large capital funding for the installation and integration of the services coupled with high cost of maintenance is expected to is a key restraint of the market
With the advent of technology such as internet of things (IoT), bring your own devices (BYOD), and mobility and remote workforce, which is pushing organizations to adopt these solutions is going to foster the growth of the market during the forecast period.

Competitive Landscape:

Major companies in the global identity governance and administration market include Omada, Oracle, SailPoint, IBM, SAP, Microsoft, Hitachi ID, CA Technologies, NetIQ, RSA Security, One Identity, Saviynt, Evidian, AlertEnterprise, and SecureAuth.

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The global identity governance and administration market has been segmented on the basis of

Components

Solution
Services
Professional Services
Managed Services

Deployment Types

Cloud
On-premises

Organization Size

Large Enterprises
Small & Medium-Sized Enterprises (SMEs)

Industrial Verticals

Banking, Financial Services & Insurance (BFSI)
Government & Defense
Energy & Utilities
Telecom & IT
Manufacturing
Healthcare & Life Sciences
Retail & Consumer Goods
Others

Regions

Asia Pacific
Europe
North America
Middle East & Africa
Latin America

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Identity Governance and Administration Market Overview
Global Identity Governance and Administration Market Analysis and Forecast by Type
Global Identity Governance and Administration Market Analysis and Forecast by Application
Global Identity Governance and Administration Market Analysis and Forecast by Sales Channel
Global Identity Governance and Administration Market Analysis and Forecast by Region
North America Identity Governance and Administration Market Analysis and Forecast
Latin America Identity Governance and Administration Market Analysis and Forecast
Europe Identity Governance and Administration Market Analysis and Forecast
Asia Pacific Identity Governance and Administration Market Analysis and Forecast
Middle East & Africa Identity Governance and Administration Market Analysis and Forecast
Competition Landscape

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