Global Cloud IAM Market is segmented by Type (Access Management, Directories, Password Management, Single Sign-On (SSO), User provisioning, Audit governance and Compliance Management), By Deployment (Cloud, Hybrid, On-Premise) , by Vertical Type (BFSI, Telecom & IT, Education, Retail, Healthcare, Public Sector And Utilities, Energy, Oil, and Gas, Manufacturing, Others), by End-User (SMB, Enterprises) by geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) Global Industry Analysis and forecast 2017-2024”. Global
Cloud IAM Market is expected to reach USD7.385 Billion by 2024 from USD2.11 Billion in 2017 at CAGR of 23.22% during forecast period.
The increasing demand for cost-effective, scalable, & flexible solutions has prompted the popularity of cloud-based solutions. The swift growth & adoption of Identity-as-a-Service (IDaaS) platform through different SMEs are also donating to the Global Cloud IAM Market development.
Cloud accounted for major share in Global Cloud IAM Market.
Cloud segment is expected to grow at highest CAGR during forecast period owing to many profits offered by cloud service like less cost involvement, no hardware or software deployment and offers easy management. On-premise deployment is expected to use traditional in-house data centres for regulatory security patches and also offer software updates.
Asia Pacific accounted for a major share in terms of revenue during forecast period.
Asia Pacific Cloud IAM Market is rising at the fastest speed & is expected to grow at a CAGR of 15.6% over the forecast timeline owing to the fast growth in cybercrimes, enlarged penetration of smartphones, rising demand for cloud-based solutions, substantial development in the industrial sector, & increasing adoption of BYOD.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Cloud IAM Market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the Global Cloud IAM Market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Cloud IAM Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Cloud IAM Market positioning of competitors.
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