Identity-as-a-Service Market - Forecast(2024 - 2030)
Identity-as-a-Service Market Overview:
Identity-as-a-Service Market size is estimated to reach USD $ 5.5 Billion by 2030, growing at a CAGR of 25% during the forecast period 2023-2030. Identity-as-a-Service (IDaaS) is a cloud-based identity and access management (IAM) solution that provides secure and convenient access to various applications, systems, and services for users within an organization. IDaaS platforms offer a range of identity management capabilities, including single sign-on (SSO), multi-factor authentication (MFA), user provisioning, and more.
IDaaS solutions can be used by organizations of all sizes, but they are particularly popular among small and medium-sized businesses (SMBs). SMBs often lack the resources to implement and maintain their own IAM infrastructure, so IDaaS provides them with a cost-effective and scalable solution. IDaaS solutions can also be used by large enterprises to supplement their existing IAM infrastructure. For example, large enterprises may use IDaaS to provide SSO and MFA for their cloud-based applications.
The IDaaS market is anticipated to sustain its growth in the years ahead.As more and more organizations move to the cloud and adopt cloud-based applications, the need for IDaaS solutions will increase. Additionally, the growing threat of cyberattacks is driving organizations to invest in stronger security measures, such as IDaaS. to adapt to evolving cybersecurity challenges. It is projected that this market will continue to expand as more organizations recognize the need for effective identity and access management.
The identity as a service market is experiencing growth primarily due to the rising incidence of identity frauds and the increasing integration with IoT devices. Nonetheless, market expansion faces some hindrance in the form of data privacy concerns related to consumer information and the outsourcing of critical applications. Additionally, there are promising prospects for market growth in the forecast period as evolving technologies are integrated to enhance digital identities.
Market Snapshot:
Identity-as-a-Service Market - Report Coverage:
“Identity-as-a-Service Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Identity-as-a-Service Market.
Identity-as-a-Service Market - Top Trends
Increased adoption of AI and ML: Artificial intelligence (AI) and machine learning (ML) are being used to improve the security and efficiency of IDaaS solutions. For example, AI and ML can be used to detect and prevent fraud, automate user provisioning and deprovisioning, and provide personalized security recommendations.
Growing focus on customer identity and access management (CIAM): CIAM is a set of practices for managing customer identities and access to applications and services. IDaaS solutions are increasingly incorporating CIAM features, such as social login, progressive profiling, and consent management.
Rise of zero trust security: Zero trust security is a security model that assumes that no user or device can be trusted by default. IDaaS solutions can play a key role in zero trust implementations by providing strong authentication and authorization capabilities.
Accelerated adoption of cloud-based IDaaS: Cloud-based IDaaS solutions are becoming increasingly popular, as they offer a number of advantages over on-premises solutions, such as scalability, flexibility, and ease of deployment.
Growing demand for IDaaS in emerging markets: The IDaaS market is growing rapidly in emerging markets, such as Asia-Pacific and Latin America. This growth is being driven by factors such as the increasing adoption of cloud-based applications and services, the growing need for compliance, and the rising threat of cyberattacks.
Identity-as-a-Service Market - Company Analysis
iWelcome is a privately held IDaaS company that was founded in 2005. iWelcome is known for its innovative approach to IDaaS, which focuses on providing a user-friendly experience for both end users and administrators. iWelcome's IDaaS solution includes a variety of features, such as single sign-on (SSO), multi-factor authentication (MFA), user provisioning, and directory services.
Okta, Inc is a publicly traded IDaaS company that was founded in 2009. Okta is one of the leading providers of IDaaS solutions, and its customers include some of the world's largest companies. Okta's IDaaS solution is known for its scalability and flexibility, and it includes a wide range of features, such as SSO, MFA, user provisioning, and directory services.
Capegemini is a global IT consulting and services company that offers a variety of IDaaS solutions. Capegemini's IDaaS solutions are designed to help organizations of all sizes improve their security and compliance posture. Capegemini's IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
CA Technologies is a global software company that offers a variety of IT management solutions, including IDaaS solutions. CA Technologies' IDaaS solutions are designed to help organizations of all sizes improve their security and compliance posture. CA Technologies' IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
OneLogin Inc is a privately held IDaaS company that was founded in 2011. OneLogin is known for its user-friendly IDaaS solution, which is designed to be easy to implement and manage. OneLogin's IDaaS solution includes a variety of features, such as SSO, MFA, user provisioning, and directory services.
Salesforce.com is a publicly traded cloud computing company that offers a variety of CRM and marketing solutions, including IDaaS solutions. Salesforce's IDaaS solutions are designed to help organizations of all sizes improve their security and compliance posture. Salesforce's IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
Exostar is a privately held IDaaS company that was founded in 2000. Exostar is known for its focus on providing IDaaS solutions for the aerospace and defense industry. Exostar's IDaaS solutions are designed to help organizations in the aerospace and defense industry comply with strict security and compliance regulations. Exostar's IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
JumpCloud is a privately held IDaaS company that was founded in 2011. JumpCloud is known for its cloud-based IDaaS solution, which is designed to be easy to use and manage. JumpCloud's IDaaS solution includes a variety of features, such as SSO, MFA, user provisioning, and directory services.
Oracle Corporation is a publicly traded software company that offers a variety of enterprise software solutions, including IDaaS solutions. Oracle's IDaaS solutions are designed to help organizations of all sizes improve their security and compliance posture. Oracle's IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
Microsoft is a publicly traded technology company that offers a variety of software and hardware solutions, including IDaaS solutions. Microsoft's IDaaS solutions are designed to help organizations of all sizes improve their security and compliance posture. Microsoft's IDaaS solutions include a variety of features, such as SSO, MFA, user provisioning, and directory services.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies players in the Identity-as-a-Service Market adopt. The top 10 companies in Identity-as-a-Service Market are listed below:
- iWelcome
- Okta, Inc
- Capegemini,
- CA Technologies,
- OneLogin Inc.
- Salesforce.com
- Exostar
- JumpCloud
- Oracle Corporation
- Microsoft
Scope of the Report:
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1. Identity-as-a-Service Market Overview
1.1 Definitions and Scope
2. Identity-as-a-Service Market – Executive Summary
3. Identity-as-a-Service Market – Market Landscape
3.1 Company Benchmarking – Key Companies
3.2 Key Company Financial Analysis
3.3 Market Size Analysis – Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Identity-as-a-Service Market – Startup Company Scenario
4.1 Investment
4.2 Revenue
4.3 Venture Capital and Funding Scenario
5. Identity-as-a-Service Market – Market Entry Scenario Premium
5.1 Regulatory Scenario
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Identity-as-a-Service Market – Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porter’s Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Identity-as-a-Service Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle Analysis
8. Identity-as-a-Service Market – By Component (Market Size - $Million/$Billion)
8.1 Provisioning
8.1.1 Market Trends by Region
8.1.2 Market Size & Forecast by Region
8.2 Single Sign-On (SSO)
8.2.1 Market Trends by Region
8.2.2 Market Size & Forecast by Region
8.3 Multi-Factor Authentication (MFA)
8.3.1 Market Trends by Region
8.3.2 Market Size & Forecast by Region
8.4 Audit
8.4.1 Market Trends by Region
8.4.2 Market Size & Forecast by Region
8.5 Compliance and Governance
8.5.1 Market Trends by Region
8.5.2 Market Size & Forecast by Region
8.6 Directory Services
8.6.1 Market Trends by Region
8.6.2 Market Size & Forecast by Region
8.7 Password Management
8.7.1 Market Trends by Region
8.7.2 Market Size & Forecast by Region
8.8 Others
8.8.1 Market Trends by Region
8.8.2 Market Size & Forecast by Region
9. Identity-as-a-Service Market – By Deployment Type (Market Size - $Million/$Billion)
9.1 Public Cloud
9.1.1 Market Trends by Region
9.1.2 Market Size & Forecast by Region
9.2 Private Cloud
9.2.1 Market Trends by Region
9.2.2 Market Size & Forecast by Region
9.3 Hybrid Cloud
9.3.1 Market Trends by Region
9.3.2 Market Size & Forecast by Region
10. Identity-as-a-Service Market – By Enterprise (Market Size - $Million/$Billion)
10.1 Small & Medium Enterprise (SMEs)
10.1.1 Market Trends by Region
10.1.2 Market Size & Forecast by Region
10.2 Large Enterprise
10.2.1 Market Trends by Region
10.2.2 Market Size & Forecast by Region
11. Identity-as-a-Service Market – By Services (Market Size - $Million/$Billion)
11.1 On-site
11.1.1 Market Trends by Region
11.1.2 Market Size & Forecast by Region
11.2 In-house
11.2.1 Market Trends by Region
11.2.2 Market Size & Forecast by Region
12. Identity-as-a-Service Market – By End Use (Market Size - $Million/$Billion)
12.1 Banking, Financial Services, and Insurance (BFSI)
12.1.1 Market Trends by Region
12.1.2 Market Size & Forecast by Region
12.2 Telecom and IT
12.2.1 Market Trends by Region
12.2.2 Market Size & Forecast by Region
12.3 Government and Public Sector
12.3.1 Market Trends by Region
12.3.2 Market Size & Forecast by Region
12.4 Healthcare
12.4.1 Market Trends by Region
12.4.2 Market Size & Forecast by Region
12.5 Energy and Utilities
12.5.1 Market Trends by Region
12.5.2 Market Size & Forecast by Region
12.6 Retail and Consumer Goods
12.6.1 Market Trends by Region
12.6.2 Market Size & Forecast by Region
12.7 Others
12.7.1 Market Trends by Region
12.7.2 Market Size & Forecast by Region
13. Identity-as-a-Service Market – by Geography (Market Size - $Million/$Billion)
13.1 North America
13.1.1 U.S.
13.1.2 Canada
13.1.3 Mexico
13.2 Europe
13.2.1 Germany
13.2.2 France
13.2.3 U.K.
13.2.4 Italy
13.2.5 Spain
13.2.6 Russia
13.2.7 Rest of Europe
13.3 Asia-Pacific
13.3.1 China
13.3.2 Japan
13.3.3 South Korea
13.3.4 India
13.3.5 Australia & New Zealand
13.3.6 Rest of Asia-Pacific
13.4 South America
13.4.1 Brazil
13.4.2 Argentina
13.4.3 Chile
13.4.4 Colombia
13.4.5 Rest of South America
13.5 Rest of the World
13.5.1 Middle East
13.5.2 Africa
14. Identity-as-a-Service Market – Market Entropy
14.1 New product launches
14.2 M&A’s, collaborations, JVs and partnerships
15. Identity-as-a-Service Market – Industry Competition Landscape
15.1 Market Size Analysis
15.1.1 Market Size by Technology – Key Companies
15.1.2 Market Size by Country – Key Companies
15.1.3 Market Size by Region – Key Companies
15.2 Competition Matrix
15.3 Best Practices for Companies
16. Identity-as-a-Service Market – Key Company List by Country Premium
17. Identity-as-a-Service Market – Company Analysis
17.1 iWelcome
17.2 Okta, Inc
17.3 Capegemini,
17.4 CA Technologies,
17.5 OneLogin Inc.
17.6 Salesforce.com
17.7 Exostar
17.8 JumpCloud
17.9 Oracle Corporation
17.10 Microsoft
17.11 IBM Corporation
17.12 Ping Identity Corporation
17.13 Centrify Corporation
17.14 Google LLC
17.15 Fischer International Identity
17.16 SailPoint Technologies
17.17 IDaptive, LLC
17.18 Simeio Solutions
17.19 HCL Technologies
17.20 Others.
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Identity-as-a-Service Market is forecast to grow at CAGR of 25 % during the forecast period 2023-2030.
Identity-as-a-Service Market size is projected to reach USD $5.5 Billion by 2030.
Top Companies in the Identity-as-a-Service Market are iWelcome, Okta, Inc, Capegemini, CA Technologies, OneLogin Inc. and others.