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Iot Identity And Access Management Market By Offering, By Deployment Model, By Security Type, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 334 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725279
Identity and access management (IAM) is the discipline that enables right individuals to access right resources at the right times for the right reasons. IoT devices are focused on connecting things, people, tools, and applications, and IoT identity access management provides end-to-end encryption, overload detection, and unauthorized access removal to help build strong security features.

Key factors driving the IoT IAM market include rising security breaches and heightened identity fraud cases, increasing awareness regarding compliance controls, growing need for IAM for IoT, and increasing spending on cyber security. In addition, cultural shift from traditional IAM to IoT IAM, proliferation of cloud-based IAM solutions and services, growth in adoption of hybrid cloud models and technologies such as AI, ML, blockchain, and biometrics for identity and access management provides opportunities for the IoT IAM market. However, the high cost associated with the implementation and maintenance of IoT identity and access management (IAM) solution and the increase in security & privacy concerns hamper the market growth.

The IoT IAM market is segmented on the basis of offering, deployment mode, enterprise size, security type, industry vertical, and region. On the basis of offering, the market is segmented into solution and services. On the basis of solution, the market is segmented into lifecycle management, authentication, audit, compliance and governance, password management, others. Furthermore, the service segment is divided into professional and managed services. Moreover, the professional services segment is divided into training & education, integration & implementation, and support & maintenance. According to organization size, the market is fragmented into large enterprises and SMEs. On the basis of deployment, the market is classified into cloud and on-premise.

Depending on security type, it is segregated into cloud security, network security, endpoint security, application security, and others. By industry vertical, it is segmented into BFSI, healthcare, retail, manufacturing, IT & telecom, energy & utilities, automotive & transportation, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major players in the market include Telefonaktiebolaget LM Ericsson, AWS, Google LLC, Microsoft, IBM, Cisco Systems, Inc., Oracle, HID Global Corporation, DigiCert, Inc., Keyfactor, Entrust Corporation, GlobalSign, One Identity, LLC, KaaIoT Technologies, LLC, Sailpoint Technologies Holdings, Inc., Optiv Security, Inc., and IdentityFusion, Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot identity and access management (iam) market analysis from 2021 to 2031 to identify the prevailing iot identity and access management (iam) market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the iot identity and access management (iam) market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global iot identity and access management (iam) market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Offering

  • Solution
  • Solution Type
  • Lifecycle Management
  • Authentication
  • Audit, Compliance and Governance
  • Password Management
  • Others
  • Service
  • Service Type
  • Professional Services
  • Managed Services

By Deployment Model

  • On-premise
  • Cloud

By Security Type

  • Cloud Security
  • Network Security
  • Endpoint Security
  • Application Security
  • Others

By Enterprise Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • Manufacturing
  • Healthcare
  • Government and Defense
  • Energy and Utilities
  • Automotive and Transportation
  • Retail and E-commerce
  • IT and Telecom
  • Others

By Region

  • North America
  • U. S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • Australia
  • South Korea
  • India
  • Rest Of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Cisco Systems Inc.
  • LM Ericsson
  • Amazon Web Service (AWS)
  • Google LLC
  • Microsoft Corporation
  • . IBM CORPORATION
  • Oracle Corporation
  • HID Global
  • DigiCert
  • Keyfactor
  • Entrust Inc.
  • GlobalSign
  • one identity
  • KaaIoT Technologies, LLC.
  • SailPoint Technologies Holdings, Inc.
  • Optiv Security Inc.
  • IdentityFusion

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY OFFERING
4.1 Overview
4.1.1 Market size and forecast
4.2 Solution
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.2.4 Solution Iot Identity And Access Management (Iam) Market by Solution Type
4.2.4.1 Lifecycle Management Market size and forecast, by region
4.2.4.2 Lifecycle Management Market size and forecast, by country
4.2.4.3 Authentication Market size and forecast, by region
4.2.4.4 Authentication Market size and forecast, by country
4.2.4.5 Audit, Compliance and Governance Market size and forecast, by region
4.2.4.6 Audit, Compliance and Governance Market size and forecast, by country
4.2.4.7 Password Management Market size and forecast, by region
4.2.4.8 Password Management Market size and forecast, by country
4.2.4.9 Others Market size and forecast, by region
4.2.4.10 Others Market size and forecast, by country
4.3 Service
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.3.4 Service Iot Identity And Access Management (Iam) Market by Service Type
4.3.4.1 Professional Services Market size and forecast, by region
4.3.4.2 Professional Services Market size and forecast, by country
4.3.4.3 Managed Services Market size and forecast, by region
4.3.4.4 Managed Services Market size and forecast, by country

CHAPTER 5: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY DEPLOYMENT MODEL
5.1 Overview
5.1.1 Market size and forecast
5.2 On-premise
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Cloud
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY SECURITY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Cloud Security
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Network Security
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Endpoint Security
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Application Security
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country

CHAPTER 7: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY ENTERPRISE SIZE
7.1 Overview
7.1.1 Market size and forecast
7.2 Large Enterprises
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 SMEs
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country

CHAPTER 8: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY INDUSTRY VERTICAL
8.1 Overview
8.1.1 Market size and forecast
8.2 BFSI
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by region
8.2.3 Market share analysis by country
8.3 Manufacturing
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market share analysis by country
8.4 Healthcare
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by region
8.4.3 Market share analysis by country
8.5 Government and Defense
8.5.1 Key market trends, growth factors and opportunities
8.5.2 Market size and forecast, by region
8.5.3 Market share analysis by country
8.6 Energy and Utilities
8.6.1 Key market trends, growth factors and opportunities
8.6.2 Market size and forecast, by region
8.6.3 Market share analysis by country
8.7 Automotive and Transportation
8.7.1 Key market trends, growth factors and opportunities
8.7.2 Market size and forecast, by region
8.7.3 Market share analysis by country
8.8 Retail and E-commerce
8.8.1 Key market trends, growth factors and opportunities
8.8.2 Market size and forecast, by region
8.8.3 Market share analysis by country
8.9 IT and Telecom
8.9.1 Key market trends, growth factors and opportunities
8.9.2 Market size and forecast, by region
8.9.3 Market share analysis by country
9.0 Others
9.0.1 Key market trends, growth factors and opportunities
9.0.2 Market size and forecast, by region
9.0.3 Market share analysis by country

CHAPTER 9: IOT IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Offering
9.2.2.1 North America Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.2.2.2 North America Service Iot Identity And Access Management (Iam) Market by Service Type
9.2.3 North America Market size and forecast, by Deployment Model
9.2.4 North America Market size and forecast, by Security Type
9.2.5 North America Market size and forecast, by Enterprise Size
9.2.6 North America Market size and forecast, by Industry Vertical
9.2.7 North America Market size and forecast, by country
9.2.7.1 U. S.
9.2.7.1.1 Key market trends, growth factors and opportunities
9.2.7.1.2 Market size and forecast, by Offering
9.2.7.1.2.1 U. S. Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.2.7.1.2.2 U. S. Service Iot Identity And Access Management (Iam) Market by Service Type
9.2.7.1.3 Market size and forecast, by Deployment Model
9.2.7.1.4 Market size and forecast, by Security Type
9.2.7.1.5 Market size and forecast, by Enterprise Size
9.2.7.1.6 Market size and forecast, by Industry Vertical
9.2.7.2 Canada
9.2.7.2.1 Key market trends, growth factors and opportunities
9.2.7.2.2 Market size and forecast, by Offering
9.2.7.2.2.1 Canada Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.2.7.2.2.2 Canada Service Iot Identity And Access Management (Iam) Market by Service Type
9.2.7.2.3 Market size and forecast, by Deployment Model
9.2.7.2.4 Market size and forecast, by Security Type
9.2.7.2.5 Market size and forecast, by Enterprise Size
9.2.7.2.6 Market size and forecast, by Industry Vertical
9.3 Europe
9.3.1 Key trends and opportunities
9.3.2 Europe Market size and forecast, by Offering
9.3.2.1 Europe Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.2.2 Europe Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.3 Europe Market size and forecast, by Deployment Model
9.3.4 Europe Market size and forecast, by Security Type
9.3.5 Europe Market size and forecast, by Enterprise Size
9.3.6 Europe Market size and forecast, by Industry Vertical
9.3.7 Europe Market size and forecast, by country
9.3.7.1 UK
9.3.7.1.1 Key market trends, growth factors and opportunities
9.3.7.1.2 Market size and forecast, by Offering
9.3.7.1.2.1 UK Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.1.2.2 UK Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.1.3 Market size and forecast, by Deployment Model
9.3.7.1.4 Market size and forecast, by Security Type
9.3.7.1.5 Market size and forecast, by Enterprise Size
9.3.7.1.6 Market size and forecast, by Industry Vertical
9.3.7.2 Germany
9.3.7.2.1 Key market trends, growth factors and opportunities
9.3.7.2.2 Market size and forecast, by Offering
9.3.7.2.2.1 Germany Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.2.2.2 Germany Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.2.3 Market size and forecast, by Deployment Model
9.3.7.2.4 Market size and forecast, by Security Type
9.3.7.2.5 Market size and forecast, by Enterprise Size
9.3.7.2.6 Market size and forecast, by Industry Vertical
9.3.7.3 France
9.3.7.3.1 Key market trends, growth factors and opportunities
9.3.7.3.2 Market size and forecast, by Offering
9.3.7.3.2.1 France Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.3.2.2 France Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.3.3 Market size and forecast, by Deployment Model
9.3.7.3.4 Market size and forecast, by Security Type
9.3.7.3.5 Market size and forecast, by Enterprise Size
9.3.7.3.6 Market size and forecast, by Industry Vertical
9.3.7.4 Italy
9.3.7.4.1 Key market trends, growth factors and opportunities
9.3.7.4.2 Market size and forecast, by Offering
9.3.7.4.2.1 Italy Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.4.2.2 Italy Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.4.3 Market size and forecast, by Deployment Model
9.3.7.4.4 Market size and forecast, by Security Type
9.3.7.4.5 Market size and forecast, by Enterprise Size
9.3.7.4.6 Market size and forecast, by Industry Vertical
9.3.7.5 Spain
9.3.7.5.1 Key market trends, growth factors and opportunities
9.3.7.5.2 Market size and forecast, by Offering
9.3.7.5.2.1 Spain Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.5.2.2 Spain Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.5.3 Market size and forecast, by Deployment Model
9.3.7.5.4 Market size and forecast, by Security Type
9.3.7.5.5 Market size and forecast, by Enterprise Size
9.3.7.5.6 Market size and forecast, by Industry Vertical
9.3.7.6 Netherlands
9.3.7.6.1 Key market trends, growth factors and opportunities
9.3.7.6.2 Market size and forecast, by Offering
9.3.7.6.2.1 Netherlands Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.6.2.2 Netherlands Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.6.3 Market size and forecast, by Deployment Model
9.3.7.6.4 Market size and forecast, by Security Type
9.3.7.6.5 Market size and forecast, by Enterprise Size
9.3.7.6.6 Market size and forecast, by Industry Vertical
9.3.7.7 Rest of Europe
9.3.7.7.1 Key market trends, growth factors and opportunities
9.3.7.7.2 Market size and forecast, by Offering
9.3.7.7.2.1 Rest of Europe Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.3.7.7.2.2 Rest of Europe Service Iot Identity And Access Management (Iam) Market by Service Type
9.3.7.7.3 Market size and forecast, by Deployment Model
9.3.7.7.4 Market size and forecast, by Security Type
9.3.7.7.5 Market size and forecast, by Enterprise Size
9.3.7.7.6 Market size and forecast, by Industry Vertical
9.4 Asia-Pacific
9.4.1 Key trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Offering
9.4.2.1 Asia-Pacific Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.2.2 Asia-Pacific Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.3 Asia-Pacific Market size and forecast, by Deployment Model
9.4.4 Asia-Pacific Market size and forecast, by Security Type
9.4.5 Asia-Pacific Market size and forecast, by Enterprise Size
9.4.6 Asia-Pacific Market size and forecast, by Industry Vertical
9.4.7 Asia-Pacific Market size and forecast, by country
9.4.7.1 China
9.4.7.1.1 Key market trends, growth factors and opportunities
9.4.7.1.2 Market size and forecast, by Offering
9.4.7.1.2.1 China Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.1.2.2 China Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.1.3 Market size and forecast, by Deployment Model
9.4.7.1.4 Market size and forecast, by Security Type
9.4.7.1.5 Market size and forecast, by Enterprise Size
9.4.7.1.6 Market size and forecast, by Industry Vertical
9.4.7.2 Japan
9.4.7.2.1 Key market trends, growth factors and opportunities
9.4.7.2.2 Market size and forecast, by Offering
9.4.7.2.2.1 Japan Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.2.2.2 Japan Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.2.3 Market size and forecast, by Deployment Model
9.4.7.2.4 Market size and forecast, by Security Type
9.4.7.2.5 Market size and forecast, by Enterprise Size
9.4.7.2.6 Market size and forecast, by Industry Vertical
9.4.7.3 Australia
9.4.7.3.1 Key market trends, growth factors and opportunities
9.4.7.3.2 Market size and forecast, by Offering
9.4.7.3.2.1 Australia Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.3.2.2 Australia Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.3.3 Market size and forecast, by Deployment Model
9.4.7.3.4 Market size and forecast, by Security Type
9.4.7.3.5 Market size and forecast, by Enterprise Size
9.4.7.3.6 Market size and forecast, by Industry Vertical
9.4.7.4 South Korea
9.4.7.4.1 Key market trends, growth factors and opportunities
9.4.7.4.2 Market size and forecast, by Offering
9.4.7.4.2.1 South Korea Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.4.2.2 South Korea Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.4.3 Market size and forecast, by Deployment Model
9.4.7.4.4 Market size and forecast, by Security Type
9.4.7.4.5 Market size and forecast, by Enterprise Size
9.4.7.4.6 Market size and forecast, by Industry Vertical
9.4.7.5 India
9.4.7.5.1 Key market trends, growth factors and opportunities
9.4.7.5.2 Market size and forecast, by Offering
9.4.7.5.2.1 India Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.5.2.2 India Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.5.3 Market size and forecast, by Deployment Model
9.4.7.5.4 Market size and forecast, by Security Type
9.4.7.5.5 Market size and forecast, by Enterprise Size
9.4.7.5.6 Market size and forecast, by Industry Vertical
9.4.7.6 Rest of Asia-Pacific
9.4.7.6.1 Key market trends, growth factors and opportunities
9.4.7.6.2 Market size and forecast, by Offering
9.4.7.6.2.1 Rest of Asia-Pacific Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.4.7.6.2.2 Rest of Asia-Pacific Service Iot Identity And Access Management (Iam) Market by Service Type
9.4.7.6.3 Market size and forecast, by Deployment Model
9.4.7.6.4 Market size and forecast, by Security Type
9.4.7.6.5 Market size and forecast, by Enterprise Size
9.4.7.6.6 Market size and forecast, by Industry Vertical
9.5 LAMEA
9.5.1 Key trends and opportunities
9.5.2 LAMEA Market size and forecast, by Offering
9.5.2.1 LAMEA Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.5.2.2 LAMEA Service Iot Identity And Access Management (Iam) Market by Service Type
9.5.3 LAMEA Market size and forecast, by Deployment Model
9.5.4 LAMEA Market size and forecast, by Security Type
9.5.5 LAMEA Market size and forecast, by Enterprise Size
9.5.6 LAMEA Market size and forecast, by Industry Vertical
9.5.7 LAMEA Market size and forecast, by country
9.5.7.1 Latin America
9.5.7.1.1 Key market trends, growth factors and opportunities
9.5.7.1.2 Market size and forecast, by Offering
9.5.7.1.2.1 Latin America Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.5.7.1.2.2 Latin America Service Iot Identity And Access Management (Iam) Market by Service Type
9.5.7.1.3 Market size and forecast, by Deployment Model
9.5.7.1.4 Market size and forecast, by Security Type
9.5.7.1.5 Market size and forecast, by Enterprise Size
9.5.7.1.6 Market size and forecast, by Industry Vertical
9.5.7.2 Middle East
9.5.7.2.1 Key market trends, growth factors and opportunities
9.5.7.2.2 Market size and forecast, by Offering
9.5.7.2.2.1 Middle East Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.5.7.2.2.2 Middle East Service Iot Identity And Access Management (Iam) Market by Service Type
9.5.7.2.3 Market size and forecast, by Deployment Model
9.5.7.2.4 Market size and forecast, by Security Type
9.5.7.2.5 Market size and forecast, by Enterprise Size
9.5.7.2.6 Market size and forecast, by Industry Vertical
9.5.7.3 Africa
9.5.7.3.1 Key market trends, growth factors and opportunities
9.5.7.3.2 Market size and forecast, by Offering
9.5.7.3.2.1 Africa Solution Iot Identity And Access Management (Iam) Market by Solution Type
9.5.7.3.2.2 Africa Service Iot Identity And Access Management (Iam) Market by Service Type
9.5.7.3.3 Market size and forecast, by Deployment Model
9.5.7.3.4 Market size and forecast, by Security Type
9.5.7.3.5 Market size and forecast, by Enterprise Size
9.5.7.3.6 Market size and forecast, by Industry Vertical

CHAPTER 10: COMPANY LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Key developments

CHAPTER 11: COMPANY PROFILES
11.1 Cisco Systems Inc.
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 LM Ericsson
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 Amazon Web Service (AWS)
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 Google LLC
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 Microsoft Corporation
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 . IBM CORPORATION
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 Oracle Corporation
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 HID Global
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 DigiCert
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 Keyfactor
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
11.11 Entrust Inc.
11.11.1 Company overview
11.11.2 Company snapshot
11.11.3 Operating business segments
11.11.4 Product portfolio
11.11.5 Business performance
11.11.6 Key strategic moves and developments
11.12 GlobalSign
11.12.1 Company overview
11.12.2 Company snapshot
11.12.3 Operating business segments
11.12.4 Product portfolio
11.12.5 Business performance
11.12.6 Key strategic moves and developments
11.13 one identity
11.13.1 Company overview
11.13.2 Company snapshot
11.13.3 Operating business segments
11.13.4 Product portfolio
11.13.5 Business performance
11.13.6 Key strategic moves and developments
11.14 KaaIoT Technologies, LLC.
11.14.1 Company overview
11.14.2 Company snapshot
11.14.3 Operating business segments
11.14.4 Product portfolio
11.14.5 Business performance
11.14.6 Key strategic moves and developments
11.15 SailPoint Technologies Holdings, Inc.
11.15.1 Company overview
11.15.2 Company snapshot
11.15.3 Operating business segments
11.15.4 Product portfolio
11.15.5 Business performance
11.15.6 Key strategic moves and developments
11.16 Optiv Security Inc.
11.16.1 Company overview
11.16.2 Company snapshot
11.16.3 Operating business segments
11.16.4 Product portfolio
11.16.5 Business performance
11.16.6 Key strategic moves and developments
11.17 IdentityFusion
11.17.1 Company overview
11.17.2 Company snapshot
11.17.3 Operating business segments
11.17.4 Product portfolio
11.17.5 Business performance
11.17.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Iot Identity And Access Management (Iam) Market,' the iot identity and access management market size was valued at $4.9 billion in 2021, and is estimated to reach $47.2 billion by 2031, growing at a CAGR of 25.4% from 2022 to 2031.

Identity and access management (IAM) is the discipline that enables right individuals to access right resources at the right times for the right reasons. IoT devices are focused on connecting things, people, tools, and applications, and IoT identity access management provides end-to-end encryption, overload detection, and unauthorized access removal to help build strong security features.

Rapid digitization toward business operations and an increase in integration of IAM with IoT devices aided in propelling the growth of global IoT IAM market. Moreover, cultural shift from traditional IAM to IoT IAM and increasing spending on cyber security during the period has positively impacted IoT IAM industry. However, high cost associated with implementation and maintenance of IoT identity and access management (IAM) solution and increase in security & privacy concerns is anticipated to hamper the IoT IAM market during the forecast period. On the contrary, adoption of Bring your Own Identity (BYOI) approach is expected to offer remunerative opportunities for the expansion of the Iot Identity And Access Management market forecast.

On the basis of security type, the network security segment dominated the overall Iot Identity And Access Management Market Share in 2021 and is expected to continue this trend during the forecast period. This is attributed to the increase in cyber-attacks on networks due to increase in internet penetration and connected devices. However, the cloud security segment is expected to witness the highest growth owing to increase in adoption of cloud-based security solutions, rising demand for cloud-based services.

Region wise, the Iot Identity And Access Management Market analysis was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to its higher expenditure on technological solutions for better security. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the growth in number of startups and the expanding infrastructure in the region, which is expected to fuel the growth of the IoT IAM industry in the region during the forecast period.

The IoT Identity And Access Management Market is expected to grow rapidly after the pandemic, owing to rise in adoption of work-from-home culture across the globe. Furthermore, increase in cyber risk and new vulnerabilities is leading organizations worldwide to rethink their security setups. To manage employees working from home, companies rely extensively on remote-based monitoring of the workforce, enhancing the demand for IoT solutions. This helps bring transparency, provide real-time tracking, improve safety, and ensure meeting government compliance. However, the cybersecurity of remote workforce and enterprises plays a vital role in catering to their clients during lockdowns. Therefore, it offers opportunities for the IoT identity and access management market post pandemic.

KEY FINDINGS OF THE STUDY

By offering, the solution segment accounted for the largest IoT IAM market share in 2021.

By region, North America generated the highest revenue in 2021.

By enterprise size, large enterprises segment accounted for the largest IoT IAM market share in 2021.

By deployment mode, the on-premise segment generated the highest revenue in 2021.

The key players profiled in the Iot Identity And Access Management Industry are Telefonaktiebolaget LM Ericsson, AWS, Google LLC, Microsoft, IBM, Cisco Systems, Inc., Oracle, HID Global Corporation, DigiCert, Inc., Keyfactor, Entrust Corporation, GlobalSign, One Identity, LLC, KaaIoT Technologies, LLC, Sailpoint Technologies Holdings, Inc., Optiv Security, Inc., and IdentityFusion, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the Iot Identity And Access Management Industry.

Companies Mentioned

  • Cisco Systems Inc.
  • Lm Ericsson
  • Amazon Web Service (Aws)
  • Google LLC
  • Microsoft Corporation
  • .IBM Corporation
  • Oracle Corporation
  • Hid Global
  • Digicert
  • Keyfactor
  • Entrust Inc.
  • Globalsign
  • One Identity
  • Kaaiot Technologies, LLC.
  • Sailpoint Technologies Holdings, Inc.
  • Optiv Security Inc.
  • Identityfusion

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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