The Identity as a Service (IDaaS) Market size is expected to grow from USD 5.6 billion in 2022 to USD 32.74 billion by 2030, at a CAGR of 24.7 % during the forecast period.
An online resource for identity and access management services is the Identity as a Service (IDaaS) Market, a cloud-based solution. Organizations may control user identities, authentication, and access to different systems and apps with the help of IDaaS. It improves security and user experience by providing a centralized, safe method of controlling user access. This market comprises a variety of IDaaS providers that simplify identification and access control in a scalable and economical way for businesses and enterprises. These providers include identity management, single sign-on, multi-factor authentication, and other identity-related services.
Top Key Players Covered In Identity as a Service (IDaaS) Market
OneLogin Inc.(US), Atos SE (France), Ping Identity Corporation (US), Microsoft Corporation (US), Okta Inc. (US), IBM Corporation (US), CyberArk Software Ltd. (US), Oracle Corporation (US), Equifax (US), Salesforce Inc. (US), Google LLC (US), CA Technologies Inc. (US), SailPoint Technologies Inc. (US), ForgeRock Inc. (US) and Other Major Players
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The Identity as a Service (IDaaS) market research study ensures the highest level of accuracy and reliability as we precisely examine the overall industry, covering all the market fundamentals. By leveraging a wide range of primary and secondary sources, we establish a strong foundation for our findings. Industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further enhance the comprehensiveness of our evaluation.
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Segmentation Analysis of the Identity as a Service (IDaaS) Market
The product, type, end users, and application are the factors used to segment the market. The most important component of the study, according to many, is the segmentation that gives the reader a more detailed understanding of the industry.
By Component
· Single-Sign-On (SSO)
· Multi-Factor Authentication (MFA)
· Provisioning
· Compliance and Governance
· Others
By Application
· Document Verification
· Identification
· Screening
By Deployment Mode
· Public Cloud
· Private Cloud
· Hybrid Cloud
By Organization
· Small and Medium Enterprises (SMEs)
· Large Enterprises
By End-User
· IT & Telecommunication
· BFSI
· Healthcare
· Manufacturing
· Others
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With the biggest share in previous years, North America commands a dominant market share in the global identity-as-a-service (IDaaS) market. North America is the region with the greatest number of IDaaS suppliers and, consequently, the highest income creation from Identity Services. North American countries have seen an increase in demand for Software as a Service solutions, including Identity as a Service, due to their rapid adoption of new technologies and highly developed tech industry.
By Region
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Influence of the Report:
· A comprehensive evaluation of all the opportunities and risks in the Identity as a Service (IDaaS) market.
· Recent innovations and major developments in the Identity as a Service (IDaaS) market.
· A detailed study of the business strategy for the growth of the player leading in the market.
· The definitive study on the future growth of the market.
· In-depth understanding of the Identity as a Service (IDaaS) market-specific drivers, constraints and key micro markets.
· Favorable technology and market latest trends to hit the market.
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