The North America Identity and Access Management Market is expected to witness market growth of 11.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Identity and Access Management Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $10.69 billion by 2031. The Canada market is experiencing a CAGR of 13.9% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 13% during 2024-2031.
Identity and Access Management (IAM) is a set of policies, tools, and technologies that assist organizations in the management and control of access to their digital resources. This framework ensures that the appropriate individuals (or devices) have access at the appropriate moment. IAM solutions provide a structured way to manage user identities, authenticate users, and enforce access controls, which helps protect sensitive data, systems, and applications from unauthorized access.
Additionally, within the cybersecurity industry as a whole, the market for identity and access management is a field that is growing at a rapid pace. This expansion is driven by the increasing necessity for organizations to safeguard sensitive data, ensure regulatory compliance, and address the escalating nature of cyber threats.
North America’s market is characterized by a high adoption rate of advanced IAM solutions, particularly those incorporating AI-driven authentication, cloud-based access control, and biometric technologies. The finance and insurance sectors in the United States contributed significantly to the economy, representing 8.3 percent, or $1.7 trillion, of the U.S. gross domestic product (GDP) in 2020.
This substantial economic role underscores the critical importance of robust Identity and Access Management (IAM) systems to secure sensitive financial data, manage access control, and maintain compliance with regulatory requirements. In order to protect against unauthorized access and cyber threats, financial institutions must implement effective IAM solutions, as they are responsible for administering substantial amounts of personal and financial information.
The US market dominated the North America Identity and Access Management Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $10.69 billion by 2031. The Canada market is experiencing a CAGR of 13.9% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 13% during 2024-2031.
Identity and Access Management (IAM) is a set of policies, tools, and technologies that assist organizations in the management and control of access to their digital resources. This framework ensures that the appropriate individuals (or devices) have access at the appropriate moment. IAM solutions provide a structured way to manage user identities, authenticate users, and enforce access controls, which helps protect sensitive data, systems, and applications from unauthorized access.
Additionally, within the cybersecurity industry as a whole, the market for identity and access management is a field that is growing at a rapid pace. This expansion is driven by the increasing necessity for organizations to safeguard sensitive data, ensure regulatory compliance, and address the escalating nature of cyber threats.
North America’s market is characterized by a high adoption rate of advanced IAM solutions, particularly those incorporating AI-driven authentication, cloud-based access control, and biometric technologies. The finance and insurance sectors in the United States contributed significantly to the economy, representing 8.3 percent, or $1.7 trillion, of the U.S. gross domestic product (GDP) in 2020.
This substantial economic role underscores the critical importance of robust Identity and Access Management (IAM) systems to secure sensitive financial data, manage access control, and maintain compliance with regulatory requirements. In order to protect against unauthorized access and cyber threats, financial institutions must implement effective IAM solutions, as they are responsible for administering substantial amounts of personal and financial information.
List of Key Companies Profiled
- IBM Corporation
- Google LLC
- Cisco Systems, Inc.
- Oracle Corporation
- Broadcom, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NEC Corporation
- Fortra, LLC (HGGC)
- Ping Identity Holding Corp. (Thoma Bravo, L.P.)
- Delinea Inc. (TPG Inc.)
Market Report Segmentation
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Deployment
- On-premise
- Hybrid
- Cloud
By Component
- Provisioning
- Multifactor Authentication (MFA)
- Audit, Compliance & Governance
- Password Management
- Single Sign-On (SSO)
- Directory Service
By End-use
- Public Sector & Utilities
- BFSI
- Telecom & IT
- Manufacturing
- Healthcare
- Education
- Energy, Oil & Gas
- Other End-use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Identity and Access Management Market by Organization Size
Chapter 6. North America Identity and Access Management Market by Deployment
Chapter 7. North America Identity and Access Management Market by Component
Chapter 8. North America Identity and Access Management Market by End-use
Chapter 9. North America Identity and Access Management Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- IBM Corporation
- Google LLC
- Cisco Systems, Inc.
- Oracle Corporation
- Broadcom, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NEC Corporation
- Fortra, LLC (HGGC)
- Ping Identity Holding Corp. (Thoma Bravo, L.P.)
- Delinea Inc. (TPG Inc.)
Methodology
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