Global Consumer Identity and Access Management Market Opportunities 2024, Forecast To 2033
16 Feb, 2024
Consumer identity and access management market has rapidly grown from $31.66 billion in 2023 to $37.04 billion in 2024, achieving a 17.0% CAGR. Contributing factors include personalization, mobile app proliferation, e-commerce growth, and data security concerns. Expected growth to $71.59 billion by 2028, attributed to consent management, identity verification, digital services expansion, and GDPR evolution. Trends include multi-factor authentication, consent management, progressive profiling, identity verification, and cloud-based solutions.
Global Consumer Identity and Access Management Market Key Driver
The increase in the usage of Internet of Things (IoT) devices is expected to drive the growth of the consumer identity and access management (CIAM) market. IoT devices, part of a system of interrelated objects connected to the internet, raise security and privacy concerns. CIAM plays a critical role in ensuring user identity security in the IoT landscape. The data from TechJury Report emphasizes the substantial projection of installed IoT devices globally. The increasing usage of IoT devices is a key factor driving the growth of the CIAM market.
Get A Free Sample Of The Global Consumer Identity and Access Management Market ReportGlobal Consumer Identity and Access Management Market Segments
The consumer identity and access management market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organisation 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, Other Verticals
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the consumer identity and access management (CIAM) market in 2023. Europe was the second-largest market in the consumer identity and access management (CIAM) market share. The regions covered in the consumer identity and access management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Consumer Identity and Access Management Industry Players
International Business Machines Corporation; Microsoft Corporation; Okta Inc.; Ping Identity Corporation; ForgeRock Inc.; LoginRadius Inc.; Janrain Inc.; Salesforce. com Inc.; Akamai Technologies Inc.; Onegini B. V.; Centrify Corporation; Mitek Systems Inc.; LexisNexis Risk Solutions Group; GB Group plc; Aware Inc.; iWelcome B. V.; Acuant Inc.; RSA Security LLC; Symantec Corporation; NetIQ Corporation; Oracle Corporation; CA Technologies; Dell EMC; Hitachi ID Systems Inc.; Intel Corporation; Amazon Web Services Inc.; McAfee; CyberArk Software Ltd.; Thales Group; Micro Focus International plc; One Identity LLC; SailPoint Technologies Holdings Inc.
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Consumer Identity and Access Management Market Overview
Customer Identity and Access Management is an identification technology that enables businesses to manage customer identities and provide a secure and enhanced experience.
Consumer Identity and Access Management Global Market Report 2023 provides data on the global consumer identity and access management market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The consumer identity and access management market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.