Global Consumer Identity and Access Management Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Consumer Identity and Access Management Market Report by The Business Research Company covers consumer identity and access management market drivers and restraints, consumer identity and access management market size, major players, and the impact of COVID-19 on the consumer identity and access management market.
The consumer identity and access management market consists of sales of consumer identity and access management solutions and services by entities (organizations, sole traders, and partnerships) that enable users to offer quick, easy, unified, and secure access across digital channels. Customer identity and access management (CIAM) allow businesses to collect and maintain customer identity to better understand the customer, tailor the products, services, and individual customer engagements. It also enables organizations to securely capture & manage profile data and control customer access to services and applications.
The global consumer identity and access management (CIAM) market is expected to grow from $19.41 billion in 2020 to $23.00 billion in 2021 at a compound annual growth rate (CAGR) of 18.5%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The CIAM market is expected to reach $45.56 billion in 2025 at a CAGR of 18.6%.
The increasing usage of internet of things (IoT) devices is expected to propel the growth of consumer identity and access management market in the forecast period. The internet of things is a system of interrelated, internet-connected objects which can collect and transfer data over a wireless network without human intervention. IoT poses new security and privacy risks, possibly jeopardizing customer trust and the value of these new technologies.
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Some consumer identity and access management market trends include growing technological advancements. Key players in the market are focusing on new technological innovations such as cloud-based services to gain a competitive advantage over competitors in the industry.
Global consumer identity and access management market segments include:
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organization Size: Large Enterprises, SMEs
4) By Vertical: Banking, Financial Services, And Insurance (BFSI), Healthcare, IT And Telecom, Consumer Goods And Retail, Energy And Utility, Public Sector, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Consumer Identity and Access Management Global Market Report 2021: COVID-19 Implications And Growth is one of a series of new reports from The Business Research Company that provides consumer identity and access management market overviews, analyzes and forecasts market size, share, consumer identity and access management market players, consumer identity and access management market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The consumer identity and access management identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Consumer Identity and Access Management Global Market Report 2021: COVID-19 Implications And Growth from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: IBM, Microsoft, Okta, Ping Identity Corporation, ForgeRock, LoginRadius, Janrain Inc., Salesforce, SAP, Akamai Technologies, Onegini, Centrify Corporation, Mitek Systems Inc., LexisNexis Risk Solutions, GB Group Plc, Aware Inc., iWelcome, and Acuant Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Consumer Identity and Access Management Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Consumer Identity and Access Management Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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