The global market for Personal Identity Management is estimated at US$15.4 Billion in 2023 and is projected to reach US$32.8 Billion by 2030, growing at a CAGR of 11.4% 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 personal identity management market is driven by several factors. One major driver is the increasing frequency of data breaches and cyberattacks, which has heightened the demand for robust identity management solutions. The growing adoption of digital services and the need for secure online transactions are also propelling market expansion. Technological advancements, particularly in biometrics, blockchain, and AI, are enhancing the capabilities of PIM systems, making them more effective and user-friendly. Additionally, stringent regulatory requirements and compliance standards in various industries are mandating the implementation of advanced identity management solutions.
The rising awareness about the importance of privacy and data protection among consumers is further fueling the demand for PIM services. These factors, combined with continuous innovation and the expanding digital economy, ensure a robust growth trajectory for the personal identity management market, as organizations and individuals prioritize secure and efficient management of digital identities.
The growth in the personal identity management market is driven by several factors. One major driver is the increasing frequency of data breaches and cyberattacks, which has heightened the demand for robust identity management solutions. The growing adoption of digital services and the need for secure online transactions are also propelling market expansion. Technological advancements, particularly in biometrics, blockchain, and AI, are enhancing the capabilities of PIM systems, making them more effective and user-friendly. Additionally, stringent regulatory requirements and compliance standards in various industries are mandating the implementation of advanced identity management solutions.
The rising awareness about the importance of privacy and data protection among consumers is further fueling the demand for PIM services. These factors, combined with continuous innovation and the expanding digital economy, ensure a robust growth trajectory for the personal identity management market, as organizations and individuals prioritize secure and efficient management of digital identities.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the On-Premise Deployment segment, which is expected to reach US$16.6 Billion by 2030 with a CAGR of a 9.8%. The Cloud Deployment segment is also set to grow at 13.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $4.1 Billion in 2023, and China, forecasted to grow at an impressive 10.5% CAGR to reach $5.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Personal Identity Management Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Personal Identity Management Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Personal Identity Management Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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 CA Technologies, Dell Software, Hitachi ID Systems, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 41 Featured):
- CA Technologies
- Dell Software
- Hitachi ID Systems, Inc.
- IBM Corporation
- Microsoft Corporation
- NetIQ Corporation
- Okta, Inc.
- Oracle Corporation
- SailPoint Technologies Holdings, Inc.
- VMware, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- CA Technologies
- Dell Software
- Hitachi ID Systems, Inc.
- IBM Corporation
- Microsoft Corporation
- NetIQ Corporation
- Okta, Inc.
- Oracle Corporation
- SailPoint Technologies Holdings, Inc.
- VMware, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 15.4 Billion |
| Forecasted Market Value ( USD | $ 32.8 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
