The global market for Cloud Identity and Access Management (IAM) is estimated at US$7.6 Billion in 2023 and is projected to reach US$37.9 Billion by 2030, growing at a CAGR of 25.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Cloud IAM market is driven by several factors, reflecting the increasing complexity and scale of digital transformation initiatives across industries. Firstly, the exponential rise in cyberattacks and data breaches has heightened awareness about the need for robust access management solutions, prompting organizations to invest in Cloud IAM technologies. Secondly, regulatory requirements such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) mandate stringent access controls and identity management practices, compelling businesses to adopt compliant IAM systems.
The proliferation of remote work and the demand for secure, seamless access to corporate resources from anywhere also fuel the adoption of Cloud IAM. Additionally, the rapid expansion of the Internet of Things (IoT) ecosystem necessitates scalable IAM solutions capable of managing a vast number of devices and their associated identities. Finally, the competitive landscape of the cloud service market, with major providers continually enhancing their IAM offerings, contributes to the overall growth and innovation in this sector. These drivers collectively underscore the critical role of Cloud IAM in safeguarding digital assets and ensuring compliance in an increasingly interconnected world.
The growth in the Cloud IAM market is driven by several factors, reflecting the increasing complexity and scale of digital transformation initiatives across industries. Firstly, the exponential rise in cyberattacks and data breaches has heightened awareness about the need for robust access management solutions, prompting organizations to invest in Cloud IAM technologies. Secondly, regulatory requirements such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) mandate stringent access controls and identity management practices, compelling businesses to adopt compliant IAM systems.
The proliferation of remote work and the demand for secure, seamless access to corporate resources from anywhere also fuel the adoption of Cloud IAM. Additionally, the rapid expansion of the Internet of Things (IoT) ecosystem necessitates scalable IAM solutions capable of managing a vast number of devices and their associated identities. Finally, the competitive landscape of the cloud service market, with major providers continually enhancing their IAM offerings, contributes to the overall growth and innovation in this sector. These drivers collectively underscore the critical role of Cloud IAM in safeguarding digital assets and ensuring compliance in an increasingly interconnected world.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the User Provisioning Component segment, which is expected to reach US$16.4 Billion by 2030 with a CAGR of a 26.2%. The Single Sign-on Component segment is also set to grow at 27.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.7 Billion in 2023, and China, forecasted to grow at an impressive 29.1% CAGR to reach $4.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cloud Identity and Access Management (IAM) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cloud Identity and Access Management (IAM) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cloud Identity and Access Management (IAM) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amazon Web Services, Inc., Capgemini SE, Centrify Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 111 Featured):
- Amazon Web Services, Inc.
- Capgemini SE
- Centrify Corporation
- CyberArk Software Ltd.
- Deloitte Touche Tohmatsu Ltd.
- Avatier
- Dashlane, Inc.
- Dell Technologies, Inc.
- GlobalSign, Inc.
- Alibaba Cloud
- Hitachi ID Systems, Inc.
- 8K Miles Software Services
- Auth0® Inc.
- Empowerid
- Entrust Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Amazon Web Services, Inc.
- Capgemini SE
- Centrify Corporation
- CyberArk Software Ltd.
- Deloitte Touche Tohmatsu Ltd.
- Avatier
- Dashlane, Inc.
- Dell Technologies, Inc.
- GlobalSign, Inc.
- Alibaba Cloud
- Hitachi ID Systems, Inc.
- 8K Miles Software Services
- Auth0® Inc.
- Empowerid
- Entrust Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 795 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 7.6 Billion |
Forecasted Market Value ( USD | $ 37.9 Billion |
Compound Annual Growth Rate | 25.8% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |