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Identity As A Service Market Size, Share & Trends Analysis Report By End Use (Public Sector, BFSI), By Component Type (Single Sign-on, Multifactor Authentication), By Region, And Segment Forecasts, 2020 - 2027

May 2020 | 120 pages | ID: I4526A404708EN
Grand View Research, Inc.

US$ 4,950.00

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Identity As A Service Market Growth & Trends

The global identity as a service market size is expected to reach USD 14.89 billion by 2027 expanding at a CAGR of 22.0% over the forecast period, according to a new report by Grand View Research, Inc. The rapid growth in IT infrastructure, ease of scalability, and cost-effectiveness of the Identity as a Service (IDaaS) solutions are anticipated to be the key factors driving the market. Rising threats and vulnerabilities across crucial organizational data have compelled companies to enhance their cybersecurity stand and focus on managing identities. This will support market growth.

Moreover, strict regulatory compliance and mandates pertaining to data security are likely to fuel the demand further. For instance, the EU's General Data Protection Regulation (GDPR), which came into force in May 2018, applies to all businesses worldwide that collect and process the data of EU citizens. The stringent compliance by the government agencies to curb theft of identity information has compelled the organizations to improve their spending on IT security substantially.

The proliferation of Bring Your Own Devices (BYOD) trend and adoption of cloud services within the organizations have potentially opened new avenues for threat actors. The deployment of IDaaS would reduce the risk and complexities of identity access with the help of cloud deployment and subscription as a services business model to its user. The adoption of cloud deployment in the organization is proliferating, owing to the flexibility and cost-effectiveness in the implementation of the business functions. Moreover, it also provides the opportunity to transform IT infrastructure digitally.

The average number of cloud-based applications that are used in an organization ranges from 900 to 1200 services. Each service involves its set of user credentials, which rely on vulnerable combinations of passwords. An organization may find it challenging to maintain the authentication credentials for its end-users. The capabilities provided by IDaaS solutions, such as Single Sign-On, Multi-Factor Authentications, help enable transparent authentication and improve the end-user experience for cloud-based services managed within the enterprise network.

Identity as a Service allows the organizations to enhance the security aspects making it more indulgent for employees to leverage the broad array of cloud services at their disposal. It also helps organizations by strengthening the identity and access parameter by enforcing policies about credential management and implementing more robust levels of authentication.

Identity As A Service Market Report Highlights

The market was valued at USD 3.34 billion in 2019 and is anticipated to grow at a CAGR of 22.0% over the forecast period

Multifactor authentication component segment is anticipated to witness the highest CAGR of 25.6% over the forecast period owing to the integration of features, such as biometric, voice recognition, and smart cards

BFSI end-use segment is anticipated to witness the highest CAGR of 23.4% over the forecast period owing to the rising adoption of IDaaS solutions to increase productivity and ensure compliance

Asia Pacific is projected to be the fastest-growing regional market over the forecast period owing to the rapid transitioning towards the mobile, cloud, and new generation technologies
CHAPTER 1 METHODOLOGY AND SCOPE

1.1 Market segmentation & scope
1.2. Market definition
1.3. Information procurement
  1.3.1 Purchased database
  1.3.2. GVR’s internal database
  1.3.3. Secondary sources & third party perspectives
  1.3.4. Primary research
1.4. Information analysis
1.5. Market formulation & data visualization
1.6. Data validation & publishing

CHAPTER 2 EXECUTIVE SUMMARY

2.1. Market Outlook

CHAPTER 3 IDAAS MARKET VARIABLES, TRENDS & SCOPE

3.1. Penetration & Growth Prospect Mapping
3.2. IDaaS - Value Chain Analysis
3.3. Market Dynamics
  3.3.1.Market Driver Analysis
  3.3.2.Market Restraint Analysis
3.4. IDaaS Market Analysis Tools
  3.4.1 IDaaS market: PESTEL analysis
  3.4.2 IDaaS market: Porter’s analysis
3.5 IDaaS Market –Competitive Insights
  3.5.1 Key Company Analysis, 2019
  3.5.2 Major Deals And Strategic Alliances

CHAPTER 4 IDAAS MARKET: COMPONENT TYPE SEGMENT ANALYSIS

4.1 Single Sign - On
  4.1.1 Single Sign - On market, 2016 - 2027 (USD Billion)
4.2 Multifactor Authentication
  4.2.1 Multifactor Authentication market, 2016 - 2027 (USD Billion)
4.3 Provisioning
  4.3.1 Provisioning market, 2016 - 2027 (USD Billion)
4.4 Password Management
  4.4.1 Password Management market, 2016 - 2027 (USD Billion)
4.5 Directory Services
  4.5.1 Directory Services market, 2016 - 2027 (USD Billion)
4.6 Audit, Compliance & Governance
  4.6.1 Audit, Compliance & Governance market, 2016 - 2027 (USD Billion)

CHAPTER 5 IDAAS MARKET: END USE SEGMENT ANALYSIS

5.1 BFSI
  5.1.1 BFSI market, 2016 - 2027 (USD Billion)
5.2 Telecom and IT
  5.2.1 Telecom and IT market, 2016 - 2027 (USD Billion)
5.3 Education
  5.3.1 Education market, 2016 - 2027 (USD Billion)
5.4 Healthcare
  5.4.1 Healthcare market, 2016 - 2027 (USD Billion)
5.5 Manufacturing
  5.5.1 Manufacturing market, 2016 - 2027 (USD Billion)
5.6 Public sector
  5.6.1 Public sector market, 2016 - 2027 (USD Billion)

CHAPTER 6 IDAAS MARKET: REGIONAL OUTLOOK

6.1 North America
  6.1.1 North America IDaaS market, by component type, 2016 - 2027 (USD Billion)
  6.1.2 North America IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.1.3 U.S.
    6.1.3.1 U.S. IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.1.3.2 U.S. IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.1.4 CANADA
    6.1.4.1 Canada IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.1.4.2 Canada IDaaS market, by end - use, 2016 - 2027 (USD Billion)
6.2 Europe
  6.2.1 Europe IDaaS market, by component type, 2016 - 2027 (USD Billion)
  6.2.2 Europe IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.2.3 U.K.
    6.2.3.1 U.K. IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.2.3.2 U.K. IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.2.4 GERMANY
    6.2.4.1 Germany IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.2.4.2 Germany IDaaS market, by end - use, 2016 - 2027 (USD Billion)
6.3 Asia Pacific
  6.3.1 APAC IDaaS market, by component type, 2016 - 2027 (USD Billion)
  6.3.2 APAC IDaaS market, by end - use type , 2016 - 2027 (USD Billion)
  6.3.3China
    6.3.3.1 China IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.3.3.2 China IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.3.4 INDIA
    6.3.4.1 India IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.3.4.2 India IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.3.5 JAPAN
    6.3.5.1 Japan IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.3.5.2 Japan IDaaS market, by end - use, 2016 - 2027 (USD Billion)
6.4 Latin America
  6.4.1 Latin America IDaaS market, by component type, 2016 - 2027 (USD Billion)
  6.4.2 Latin America IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.4.3 BRAZIL
    6.4.3.1 Brazil IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.4.3.2 Brazil IDaaS market, by end - use, 2016 - 2027 (USD Billion)
  6.4.4 MEXICO
    6.4.5.1 Mexico IDaaS market, by component type, 2016 - 2027 (USD Billion)
    6.4.5.2 Mexico IDaaS market, by end - use, 2016 - 2027 (USD Billion)
6.5 Middle East & Africa
  6.5.1 MEA IDaaS market, by component type, 2016 - 2027 (USD Billion)
  6.5.2 MEA IDaaS market, by end - use, 2016 - 2027 (USD Billion)

CHAPTER 7 COMPETITIVE LANDSCAPE

7.1 Onelogin
  7.1.1 Company overview
  7.1.2 Financial performance
  7.1.3 Product benchmarking
  7.1.4 Recent developments
7.2 Auth0
  7.2.1 Company overview
  7.2.2 Financial performance
  7.2.3 Product benchmarking
  7.2.4 Recent developments
7.3 CA Technologies
  7.3.1 Company overview
  7.3.2 Financial performance
  7.3.3 Product benchmarking
  7.3.4 Recent developments
7.4 Oracle
  7.4.1 Company overview
  7.4.2 Financial performance
  7.4.3 Product benchmarking
  7.4.4 Recent developments
7.5 JumpCloud
  7.5.1 Company overview
  7.5.2 Financial performance
  7.5.3 Product benchmarking
  7.5.4 Recent developments
7.6 Ping Identity
  7.6.1 Company overview
  7.6.2 Financial performance
  7.6.3 Product benchmarking
  7.6.4 Recent developments
7.7 Google
  7.7.1 Company overview
  7.7.2 Financial performance
  7.7.3 Product benchmarking
  7.7.4 Recent developments
7.8 Microsoft
  7.8.1 Company overview
  7.8.2 Financial performance
  7.8.3 Product benchmarking
  7.8.4 Recent developments
7.9 Centrify Corporation
  7.9.1 Company overview
  7.9.2 Financial performance
  7.9.3 Product benchmarking
  7.9.4 Recent developments
7.10 Capgemini SE
  7.10.1 Company overview
  7.10.2 Financial performance
  7.10.3 Product benchmarking
  7.10.4 Recent developments
LIST OF TABLES

Table 1 List of abbreviations
Table 2 Single sign - on market, 2016 - 2027 (USD Billion)
Table 3 Multifactor authentication market, 2016 - 2027 (USD Billion)
Table 4 Provisioning market, 2016 - 2027 (USD Billion)
Table 5 Password management market, 2016 - 2027 (USD Billion)
Table 6 Directory services market, 2016 - 2027 (USD Billion)
Table 7 Audit, compliance & governance market, 2016 - 2027 (USD Billion)
Table 8 BFSI market, 2016 - 2027 (USD Billion)
Table 9 Telecom and IT market, 2016 - 2027 (USD Billion)
Table 10 Education market, 2016 - 2027 (USD Billion)
Table 11 Healthcare market, 2016 - 2027 (USD Billion)
Table 12 Manufacturing market, 2016 - 2027 (USD Billion)
Table 13 Public sector market, 2016 - 2027 (USD Billion)
Table 14 North America IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 15 North America IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 16 U.S. IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 17 U.S. IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 18 Canada IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 19 Canada IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 20 Europe IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 21 Europe IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 22 U.K. IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 23 U.K. IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 24 Germany IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 25 Germany IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 26 Asia Pacific IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 27 Asia Pacific IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 28 China IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 29 China IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 30 India IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 31 India IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 32 Japan IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 33 Japan IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 34 Latin America IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 35 Latin America IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 36 Brazil IDaaSmarket, by component type, 2016 - 2027 (USD Billion)
Table 37 Brazil IDaaSmarket, by end - use, 2016 - 2027 (USD Billion)
Table 38 Mexico IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 39 Mexico IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Table 40 Middle East and Africa IDaaS market, by component type, 2016 - 2027 (USD Billion)
Table 41 Middle East and Africa IDaaS market, by end - use, 2016 - 2027 (USD Billion)

LIST OF FIGURES

Fig. 1 IDaaS market segmentation
Fig. 2 IDaaS market snapshot
Fig. 3 IDaaS market, 2016 - 2027 (USD Billion)
Fig. 4 IDaaS market, by component type, 2016 - 2027 (USD Billion)
Fig. 5 IDaaS market, by end - use, 2016 - 2027 (USD Billion)
Fig. 6 IDaaS market, by region, 2016 - 2027 (USD Billion)
Fig. 7 IDaaS market: PESTEL analysis
Fig. 8 IDaaS market: Porter’s analysis
Fig. 9 IDaaS market: Value chain analysis
Fig. 10 IDaaS market: Company ranking analysis, 2019
Fig. 11 North America IDaaS market: Key takeaways
Fig. 12 Europe IDaaS market: Key takeaways
Fig. 13 Asia Pacific IDaaS market: Key takeaways
Fig. 14 Latin America IDaaS market: Key takeaways
Fig. 15 MEA IDaaS market: Key takeaways


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