IoT IAM Market Report 2026

IoT IAM Market Overview

• IoT IAM market size has reached to $12.22 billion in 2025 • Expected to grow to $46.08 billion in 2030 at a compound annual growth rate (CAGR) of 30.3% • Growth Driver: Rising Cyberattacks And Data Breaches Drive IoT Identity And Access Management (IAM) Market • Market Trend: Focus On Advancing Zero-Trust Security And AI-Driven Access Control For Connected Devices • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under IoT IAM Market?

The IoT IAM (IoT identity and access management) is used to enable device identity management and access control, discover unmanaged devices, and take appropriate action. IoT IAM is used for the ease of communication between several IoT devices and other communication entities, to protect against data breaches and security attacks, and to provide the right tools to improve the productivity of employees working in any organization. The major components of IoT IAM are solutions and services. Solution IoT IAM refers to a set of device systems that are connected to the internet that is being managed and regulated by a unique digital identity. By security type, it is segmented into network security, endpoint security, application security, cloud security, and other security types. It can be deployed in two modes such as cloud and on-premises deployment. Major organizations involved are small and mid-sized enterprises (SMEs) and large enterprises. It is used by several industry verticals such as banking, finance services, and insurance (BFSI), automotive, telecom, retail and consumer goods, energy and utilities, healthcare, and others.

What Is The IoT IAM Market Growth Forecast?

The iot iam market size is expected to see exponential growth in the next few years. It will grow to $46.08 billion in 2030 at a compound annual growth rate (CAGR) of 30.3%. The growth in the forecast period can be attributed to increasing investments in iot cybersecurity platforms, rising adoption of ai-driven identity analytics, expansion of cloud-native iam architectures, growing demand for scalable access management, increasing focus on regulatory compliance automation. Major trends in the forecast period include increasing deployment of device identity management platforms, rising adoption of zero-trust security for iot, growing integration of iam with iot security frameworks, expansion of cloud-based iot iam solutions, enhanced focus on automated access governance.

Global IoT IAM Market Segmentation

1) By Component: Solutions, Services 2) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types 3) By Deployment Mode: Cloud, On-Premises 4) By Organization Size: Small And Mid-Sized Enterprises (SMEs), Large Enterprises 5) By Verticals: Banking, Finance Services, And Insurance (BFSI), Automotive, Telecom, Healthcare, Retail And Consumer Goods, Energy And Utilities, Other Verticals Subsegments: 1) By Solutions: Identity Management Solutions, Access Management Solutions, Authentication Solutions, User Provisioning Solutions, Privileged Access Management Solutions 2) By Services: Consulting Services, Implementation Services, Managed Services, Support And Maintenance Services

What Is The Driver Of The IoT IAM Market?

An increase in number of cyberattacks and data breach issues is expected to propel the IoT IAM market going forward. A cyberattack refers to an assault performed by cybercriminals to steal data and sensitive information by sending and hacking a computer system using malicious information. Data breaches refer to security violations in which sensitive information can be stolen from a computer system without prior permission of the owner of the system. Identity and access management are used at the current time to prevent any unauthorized access to information from the system of the company's employees’ database. For instance, in April 2024, according to Parachute Technology, a US-based IT solutions company, in the first half of 2023, government agencies experienced 49 cyber incidents, marking an 11% increase compared to 2022. Therefore, a rising number of cyberattacks and data breach cases are anticipated to fuel the growth of the IoT IAM industry in the upcoming years.

Key Players In The Global IoT IAM Market

Major companies operating in the iot iam market are International Business Machines Corporation; Amazon.com Inc.; GMO GlobalSign Inc.; Ping Identity Corporation; ForgeRock Inc.; Broadcom Inc.; Microsoft Corporation; Oracle Corporation; Micro Focus International PLC; ARCON TechSolutions Pvt. Ltd.; Telefonaktiebolaget LM Ericsson; Hitachi ID Systems Inc.; KaaIoT Technologies LLC; Okta Inc.; HID Global Corporation; CyberArk Software Ltd.; OpenText Corporation; Cisco Systems Inc.; Google LLC; Entrust Datacard Corporation; SailPoint Technologies Inc.; Dell Technologies Inc.; Optiv Security Inc.; Quest Software Inc.; Identity Fusion Inc.; Thales Group; DigiCert Inc.; Keyfactor Inc.; RSA Security LLC; Centrify Corporation; SecureAuth Corporation; Auth0 Inc.; Idaptive LLC; AkamAI Technologies Inc.; Thycotic Software LLC; BeyondTrust Corporation; Cyberinc Corp.; Avatier Corporation; NetIQ Corporation

Global IoT IAM Market Trends and Insights

Major companies operating in the IoT IAM market are focusing on developing innovative solutions, such as AI-enabled, zero-trust device identity and access platforms, to strengthen device authentication, enforce least-privilege access, improve visibility across distributed device fleets, reduce attack surface, and enable real-time policy enforcement and analytics for operational decisions. AI-enabled, zero-trust device identity and access platforms are intelligent security frameworks that leverage artificial intelligence and zero-trust architecture to continuously authenticate and control device access across networks, ensuring no device is trusted by default. For instance, in July 2025, Zscaler, a US-based cloud security company, launched Zscaler Cellular, a Zero Trust SIM solution that implements device-bound authentication and isolates each IoT/OT device on its own private island” routing all connections through the Zscaler Zero Trust Exchange to remove VPN/software-agent dependence while delivering global cellular connectivity, scalable policy enforcement, and telco partnerships for managed, carrier-integrated Zero Trust at scale.

What Are Latest Mergers And Acquisitions In The IoT IAM Market?

In November 2025, Hexaware, a US-based IT solutions and services firm, acquired CyberSolve for $66 million. With this acquisition, Hexaware aims to strengthen its presence in the rapidly growing cybersecurity segment by enhancing its identity and access management (IAM) offerings specifically tailored for IoT environments, enabling better protection and management of digital identities. CyberSolve is a US-based company specializing in IoT identity and access management solutions.

Regional Insights

North America was the largest region in the IoT IAM market in 2025. Asia-Pacific is expected to be the fastest-growing region in the IoT IAM market report forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the IoT IAM Market?

The IoT IAM (IoT identity and access management) market includes revenues earned by entities by providing 5G transport services, cloud native services, open source networking, user activity monitoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the IoT IAM Market Report 2026?

The iot iam market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the iot iam industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.