HTF Market Intelligence released a new research report of 146 pages on title ‘Global Identity as a Service Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2026’  with detailed analysis, forecast and strategies. The study covers key regions that includes North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC) and important players such as Okta, Inc. (United States), IDaptive, LLC (United States), Ping Identity (United States), OneLogin (United States), CA Technologies (United States), SailPoint Technologies (United States), Microsoft Corporation (United States), Oracle Corporation (United States), IBM Corporation (United States), Google (United States) and Salesforce (United States).

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Summary

Global Identity as a Service Market Overview:
The global Identity as a Service market is expected to witness high demand in the forecasted period due to rising demand for cloud-based security services and solutions owing to the concerns pertaining to data security. Identity-as-a-service (IDaaS) is a cloud or SaaS (software-as-a-service)-based application delivery model, which helps enterprises connect and access identity management services from the cloud. It refers to identity and access management services that are offered on a subscription basis. IDaaS enables all users to more securely access sensitive information, both, on-premise and off-premise. According to expertise, 81% of employees surveyed are using their own apps to improve their working productivity. An IDaaS solution can prove to be a tremendous time-saver, improve user satisfaction and IT productivity, and addresses many of the shortcomings associated with password sprawl. and When considering an IDaaS solution, partner with a vendor that can deliver on all of the top IDaaS considerations discussed in this paper and select an IDaaS solution that can centrally authenticate users with their Active Directory identity without replicating to the cloud, that unifies mobile and app access management, is ready for your enterprise globally and one which gives IT valuable insight into which applications and how devices are used and when – restoring lost visibility and control. According to HTF MI, the Global Identity as a Service market is expected to see growth rate of 22.0%

Market Drivers
Obligations to Follow Regulatory Mandates and Data Protection Laws

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Market Trend
Increased Security Concerns Both in the Public and Private Sector Enhanced the Demand for Cloud-Based Security Solutions and Services
The rising popularity of the Bring Your Own Device (BYOD) trend in most Telecom and IT companies

Restraints
Budgetary Limitations to Inhibit the Adoption of Idaas Solutions
Organizations’ Hesitations About Cloud-Based Security Adoption

Opportunities
Addition of AI and ML Technologies to Improve Identity Management

Challenges
The rise in IT Infrastructure Complexities

Competitive Landscape:
Some of the key players profiled in the report are Okta, Inc. (United States), IDaptive, LLC (United States), Ping Identity (United States), OneLogin (United States), CA Technologies (United States), SailPoint Technologies (United States), Microsoft Corporation (United States), Oracle Corporation (United States), IBM Corporation (United States), Google (United States) and Salesforce (United States). Additionally, following companies can also be profiled that are part of our coverage like HCL (India), Capgemini (France), Gemalto (Netherlands), Simeio Solutions (United States), Jumio (United States), Connectis (Netherlands), Auth0 (United States), One Identity (United States) and JumpCloud (United States). Analyst at HTF MI see United States Players to retain maximum share of Global Identity as a Service market by 2025. Considering Market by Deployment Mode, the sub-segment i.e. Public cloud will boost the Identity as a Service market. Considering Market by Organization Size, the sub-segment i.e. Small and Medium-Sized Enterprises (SMEs) will boost the Identity as a Service market. Considering Market by Industry Vertical, the sub-segment i.e. Banking, Financial Services, and Insurance (BFSI) will boost the Identity as a Service market. Considering Market by Component, the sub-segment i.e. Provisioning will boost the Identity as a Service market.

Market Highlights:
10th March 2020, SailPoint Technologies Holdings, Inc. the leader in identity management, has introduced identity governance for IaaS platforms, resources, and workloads. As enterprises adopt a multi-cloud platform strategy across AWS, Azure and the Google Cloud Platform to keep pace with digital transformation, there is a heightened need to be able to govern access to these platforms with a single identity solution. With two new cloud governance services available as part of the SailPoint Predictive IdentityTM platform, enterprises can now extend identity governance across cloud platforms and resources for all users, including both regular and privileged users plus the non-human users whose access is prevalent in these environments.

Stringent global regulations and compliance pertaining to identity theft, such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), are forcing the organizations to take extra measures in protecting user accounts of the internal workforce, contractors, and end-users

Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Identity as a Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Identity as a Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Service Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

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Strategic Points Covered in Table of Content of Global Identity as a ServiceMarket Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2026 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Identity as a ServiceMarket Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2026market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Identity as a ServiceMarket Insights by Application, Product Type, Competitive Landscape &

….Continued

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Contact Information:

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

Connect with us at LinkedIn | Facebook | Twitter

The post Identity as a Service Market May See Exponential Growth by 2021-2026 | Major Giants IDaptive, Ping Identity, OneLogin appeared first on Financial Market News.