With significant digital developments taking place in the globalized world, large number of organizations today are very well connected and joined through a web of people and devices. In today’s world, corporations share a large amount of sensitive data and information with their respective stakeholders, thus resulting in the creation of varied security threats. In such a scenario, benefits offered by identity and access management (IAM) products are being utilized by the organizations.
Increasing level of awareness and implementation of IAM products has led to the creation of a fast growing market. The global IAM market reached to the mark of US$ 3.7 Billion in 2010, witnessing a growth of around 9% over 2009. Further, in the technological characterizations, web single sign on (WSSO) and advanced authentication are expected to show strongest performance and will grow at a CAGR of 14% and 12.5% respectively during 2010-2013. Among the industry drivers, regulatory compliances and security related concerns are the prominent drivers. Organizations are increasingly using IAM products to let people access only the valid information. As the developments in cloud based security are becoming more significant, the IAM market will grow at the influential rate in future.
In the leading operating environment, UNIX and Windows 32 & 64 dominate the overall IAM market, with 34% and 32.7% shares respectively in 2010. The share of IAM products in other operating environments, such as Linux/other open source and mainframe is also likely to increase in coming years.
The report “IAM Market Forecast to 2013”, provides an in depth analysis of the global IAM market with the help of reliable statistics and effective presentation. The report investigates the total market in terms of regions, technologies, and operating environment. It also analyzes the prevailing market trends and their impact on the performance of the sector. While making future projections in key areas, usage of proper base and methods has been emphasized. Overall, the report is likely to help clients in making effective investment decisions with regards to the IAM market.