Global Personal Identity Management Market Overview:
The latest report by IMARC Group, titled “Personal Identity Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global Personal Identity Management Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global personal identity management market size reached US$ 15.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.7 Billion by 2027, exhibiting a growth rate (CAGR) of 13.89% during 2022-2027.
Personal identity management represents the methods utilized for securing and managing information and resources of an individual or organization. They consist of several components, including access control, content management, professional services, managed services, etc. Personal identity management solutions allow companies and employees to store and safeguard information related to digital identities and credentials and help ensure that only authorized individuals have access to systems, applications, and networks. Consequently, they find extensive applications across various sectors, such as IT, telecommunication, banking, financial services, and insurance (BFSI), energy and utilities, consumer goods, retail, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Personal Identity Management Market Trends:
The launch of advanced technologies, including cloud computing, modern electric meters, real-time data access, automated meter infrastructure, etc., is primarily driving the personal identity management market. Besides this, the rising frequency and severity of cyber-crimes and the implementation of stringent regulations by government bodies aimed at preventing breach of personal data are acting as significant growth-inducing factors. Moreover, the expanding usage of the internet of things and blockchain-integrated digital identity management systems in numerous end-use industries is further stimulating the market growth. In addition to this, the elevating utilization of smartphones, tablets, and laptops across the globe is expected to bolster the personal identity management market in the coming years.
Global Personal Identity Management Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- IBM Corporation
- VMware, Inc.
- Broadcom Inc.
- Microsoft Corporation
- Oracle Corporation, Okta, Inc.
- Hitachi ID Systems, Inc.
- Dell Technologies, Inc.
- Micro Focus International plc
- SailPoint Technologies, Inc.
- OneLogin, Inc.
- Centrify Corporation
- Experian Information Solutions, Inc.
- AO Kaspersky Lab.
Breakup by Component:
- Access Control
- Content Management
- Professional Services
- Managed Services
Breakup by Deployment Type:
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
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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