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Identity and Access Management Market Forecast to 2012
With steady increase in the number of organizations across the world and incorporation of Information Technology into their businesses, the importance/need for proper security measures have become an important issue. These organizations are spending huge sums of money on their data security and are side by side streamlining their operations in order to reduce costs. As with time, due to the growing multiplicity of the users who are demanding access to IT resources, while complying with international standards, there has been an increase in the complexity of the IT networks.
According to our research report “Identity and Access Management Market Forecast to 2012”, the Identity and Access Management (IAM) market has been witnessing exponential growth globally, as it has emerged as the most efficient way of identity management. With the increased efforts to comply with the increasing number of international regulatory requirements like Payment Card Industry’s customer identity protection requirements, Sarbanes-Oxley and HIPAA IAM are seeing a widespread increase in the number of deployments.
According to our team of experts, the global IAM market was worth around US$ 3.8 Billion as of the end of 2009 and is further projected to grow at a CAGR of around 13% between 2010 and 2013. Our research reveals that by end-2013, EMEA region will dominate the global IAM market, constituting over 40% of the global market, closely followed by Americas and Asia-Pacific regions. However, as per our research, the Asia-Pacific region will witness the fastest growth in the IAM market over the forecast period (2010-2013).
We have studied the global IAM market by segmenting it into various subsections i.e. by technology and by operating environment. Our research also provides market forecast on various operating environment like Windows 32 and 64, UNIX and Linux. Besides this, in-depth analysis of various IAM technologies has also been provided, which will help clients to evaluate the challenge, drivers and opportunities critical to the growth of identity management service industry. In addition to this, our report also offers rational analysis on the key IAM vendors in the world, highlighting their strengths and weaknesses.