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Personal Identity Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 136 pages | ID: PF750165000EN
IMARC Group

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Market Overview:

The global personal identity management market size reached US$ 17.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 38.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.79% during 2023-2028.

Personal identity management (PIM), refers to a process of securing and managing information and resources of an organization or an individual. Organizations generally issue and use digital identities and credentials, such as usernames and passwords, for authentication and to protect users’ profiles. This restricts the intruders from accessing any private information or data without the assent of the user. PIM allows companies and employees to store and secure the required information. At present, the PIM market is at a nascent stage, however, with the repeated occurrences of data breaches and security attacks as well as the growing digital footprint of individuals across various channels, it is gaining immense popularity worldwide.

Various technological advancements, such as cloud computing, real-time data access, modern electric meters and automated meter infrastructure, have facilitated the adoption of PIM solutions. Further, as many employees work outside the company facilities and firewalls, these systems are being used for security purposes in numerous organizations. Moreover, due to the high frequency and severity of cybercrime incidents, governments across the globe are implementing various laws and regulations for securing personal data. These government mandates are supplementing the utilization of PIM solutions which is having a positive impact on the industry growth. Besides this, with the advent of the Internet of Things (IoT), digital identity management systems can identify devices, sensors and monitors which help in managing personal identity information of the user consisting of their credentials (certificates, tokens, biometrics), identifiers (User ID, email, URL) and attributes (roles, positions, privileges). This is projected to expand the applications of PIM solutions in the coming years.

IMARC Group’s latest report provides a deep insight into the global personal identity management market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global personal identity management market in any manner.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global personal identity management market report, along with forecasts at the global and regional levels from 2023-2028. Our report has categorized the market based on component, deployment type, data type and industry vertical.

Breakup by Component:

Applications
Access Control
Content Management
Services
Professional Services
Managed Services

Breakup by Deployment Type:

On-Premises
Cloud

Breakup by Data Type:

Behavioral Data
Individual Identity Data
Derived Data
Self-Identified Data

Breakup by Industry Vertical:

IT and Telecom
Banking, Financial Services, and Insurance (BFSI)
Energy and Utilities
Consumer Goods and Retail
Others

Breakup by Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being International Business Machines Corporation, Broadcom Inc., Microsoft Corporation, Oracle Corporation, Okta, Inc., Hitachi Id Systems, Inc. (Hitachi Ltd.), Dell Technologies Inc., Micro Focus International plc, SailPoint Technologies Inc., OneLogin, Inc., Delinea, Experian PLC and Kaspersky Lab.

Key Questions Answered in This Report

1. How big is the global personal identity management market?
2. What is the expected growth rate of the global personal identity management market during 2023-2028?
3. What are the key factors driving the global personal identity management market?
4. What has been the impact of COVID-19 on the global personal identity management market?
5. What is the breakup of the global personal identity management market based on the deployment type?
6. What is the breakup of the global personal identity management market based on the industry vertical?
7. What are the key regions in the global personal identity management market?
8. Who are the key players/companies in the global personal identity management market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL PERSONAL IDENTITY MANAGEMENT MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Component
5.5Market Breakup by Deployment Type
5.6Market Breakup by Data Type
5.7Market Breakup by Industry Vertical
5.8Market Breakup by Region
5.9Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1Applications
  6.1.1Market Trends
  6.1.2Market Breakup by Type
    6.1.2.1 Access Control
      6.1.2.1.1 Market Trends
      6.1.2.1.2 Market Forecast
    6.1.2.2 Content Management
      6.1.2.2.1 Market Trends
      6.1.2.2.2 Market Forecast
  6.1.3Market Forecast
6.2Services
  6.2.1Market Trends
  6.2.2Market Breakup by Type
    6.2.2.1 Professional Services
      6.2.2.1.1 Market Trends
      6.2.2.1.2 Market Forecast
    6.2.2.2 Managed Services
      6.2.2.2.1 Market Trends
      6.2.2.2.2 Market Forecast
  6.2.3Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT TYPE

7.1On-Premises
  7.1.1Market Trends
  7.1.2Market Forecast
7.2Cloud
  7.2.1Market Trends
  7.2.2Market Forecast

8 MARKET BREAKUP BY DATA TYPE

8.1Behavioral Data
  8.1.1Market Trends
  8.1.2Market Forecast
8.2Individual Identity Data
  8.2.1Market Trends
  8.2.2Market Forecast
8.3Derived Data
  8.3.1Market Trends
  8.3.2Market Forecast
8.4Self-Identified Data
  8.4.1Market Trends
  8.4.2Market Forecast

9 MARKET BREAKUP BY INDUSTRY VERTICAL

9.1IT and Telecom
  9.1.1Market Trends
  9.1.2Market Forecast
9.2Banking, Financial Services, and Insurance (BFSI)
  9.2.1Market Trends
  9.2.2Market Forecast
9.3Energy and Utilities
  9.3.1Market Trends
  9.3.2Market Forecast
9.4Consumer Goods and Retail
  9.4.1Market Trends
  9.4.2Market Forecast
9.5Others
  9.5.1Market Trends
  9.5.2Market Forecast

10 MARKET BREAKUP BY REGION

10.1North America
  10.1.1Market Trends
  10.1.2Market Forecast
10.2Europe
  10.2.1Market Trends
  10.2.2Market Forecast
10.3Asia Pacific
  10.3.1Market Trends
  10.3.2Market Forecast
10.4Middle East and Africa
  10.4.1Market Trends
  10.4.2Market Forecast
10.5Latin America
  10.5.1Market Trends
  10.5.2Market Forecast

11 SWOT ANALYSIS

11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
  15.3.1International Business Machines Corporation
  15.3.2Broadcom Inc.
  15.3.3Microsoft Corporation
  15.3.4Oracle Corporation
  15.3.5Okta, Inc.
  15.3.6Hitachi Id Systems, Inc. (Hitachi Ltd.)
  15.3.7Dell Technologies Inc.
  15.3.8Micro Focus International plc
  15.3.9SailPoint Technologies Inc.
  15.3.10 OneLogin, Inc.
  15.3.11 Delinea
  15.3.12 Experian PLC
  15.3.13 Kaspersky Lab

LIST OF TABLES

Table 1: Global: Personal Identity Management Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Personal Identity Management Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Personal Identity Management Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
Table 4: Global: Personal Identity Management Market Forecast: Breakup by Data Type (in Million US$), 2023-2028
Table 5: Global: Personal Identity Management Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 6: Global: Personal Identity Management Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Personal Identity Management Market Structure
Table 8: Global: Personal Identity Management Market: Key Players

LIST OF FIGURES

Figure 1: Global: Personal Identity Management Market: Major Drivers and Challenges
Figure 2: Global: Personal Identity Management Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Personal Identity Management Market: Breakup by Component (in %), 2022
Figure 4: Global: Personal Identity Management Market: Breakup by Deployment Type (in %), 2022
Figure 5: Global: Personal Identity Management Market: Breakup by Data Type (in %), 2022
Figure 6: Global: Personal Identity Management Market: Breakup by Industry Vertical (in %), 2022
Figure 7: Global: Personal Identity Management Market: Breakup by Region (in %), 2022
Figure 8: Global: Personal Identity Management Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Personal Identity Management Industry: SWOT Analysis
Figure 10: Global: Personal Identity Management Industry: Value Chain Analysis
Figure 11: Global: Personal Identity Management Industry: Porter’s Five Forces Analysis
Figure 12: Global: Personal Identity Management (Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Personal Identity Management (Access Control) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Personal Identity Management (Access Control) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Personal Identity Management (Content Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Personal Identity Management (Content Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Personal Identity Management (Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Personal Identity Management (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Personal Identity Management (Professional Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Personal Identity Management (Professional Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Personal Identity Management (Managed Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Personal Identity Management (Managed Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Personal Identity Management (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Personal Identity Management (On-Premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Personal Identity Management (On-Premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Personal Identity Management (Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Personal Identity Management (Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Personal Identity Management (Behavioral Data) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Personal Identity Management (Behavioral Data) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Personal Identity Management (Individual Identity Data) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Personal Identity Management (Individual Identity Data) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Personal Identity Management (Derived Data) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Personal Identity Management (Derived Data) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Personal Identity Management (Self-Identified Data) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Personal Identity Management (Self-Identified Data) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Personal Identity Management (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Personal Identity Management (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Personal Identity Management (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Personal Identity Management (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Personal Identity Management (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Personal Identity Management (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Personal Identity Management (Consumer Goods and Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Personal Identity Management (Consumer Goods and Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Personal Identity Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Personal Identity Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: North America: Personal Identity Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: North America: Personal Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Personal Identity Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Personal Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia Pacific: Personal Identity Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia Pacific: Personal Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Middle East and Africa: Personal Identity Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Middle East and Africa: Personal Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Latin America: Personal Identity Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Latin America: Personal Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028


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