Personal Identity Management Market to Reach USD 12.76 Bn by 2021, Informs M&M in Its Novel Research Report Recently Published at MarketPublishers.com
30 Aug 2016 • by Natalie Aster
LONDON – The PIM market is slated to reach USD 12.76 billion by 2021, rising at a significant CAGR of 11.61%. In the current year, the market value stands at USD 7.37 billion. Significant contribution to the PIM market growth will be made by the access control and content management applications. The content management application is predicted to hold the lion’s share of the PIM market, majorly due to the rising adoption of ‘Bring Your Own Device’ (BYOD) technology in companies and also increasing awareness of necessity to manage the content associated with each device identity.
During 2016-2021, the cloud deployment segment is anticipated to increase at the highest rate, propelled mainly by the banking, financial services and insurance (BFSI) vertical.
Today, the global PIM market is led by North America owing to presence of a great number of security vendors in the region. Meantime, the APAC PIM market is forecast to grow at the swiftest pace. The PIM market in MEA and Latin America is also expected to see positive growth, propelled by increasing usage of cloud computing, mobility, hosting services as well as government regulatory compliance.
Comprehensive research study “Personal Identity Management Market by Application, Service, Deployment Type, Vertical, and Region - Global Forecast to 2021” prepared by MarketsandMarkets (M&M) offers a detailed assessment of the world’s PIM market, providing valuable data on the market revenues, volume, value and shares. It presents a detailed analysis of the current situation across the major geographical markets, offers a granular overview of the market segmentation, covers the market dynamics, examines key market drivers, restraints, challenges and opportunities. The study delves deep into the market competitive performance, sheds light on the recent product developments and launches, touches upon the recent mergers and acquisitions, etc. Moreover, the report offers future forecasts for the world PIM market through 2021.
Market players covered in the report include: IBM Corporation, Dell software, Okta, VMware, SailPoint Technologies, Hitachi, Microsoft Corporation, Oracle Corporation, NetIQ, CA Technologies.
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