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. 

One third-party supplier developed and running cloud-based identity and access management (IAM) is called Identity as a Service (IDaaS). Providing users with appropriate access to software, files, and other resources at the appropriate times is the main objective of IDaaS, which is developed as an identity service. After making a service subscription, these Users receive cloud-based identity management or authentication solutions from IDaaS.

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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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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Regional Analysis In Identity as a Service (IDaaS) Market

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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