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Glbal Consumer IAM Market Forecast to 2023: Opportunities with the Proliferation of Cloud-Based Consumer IAM Solutions and Services Among Global Organizations

GlobeNewswire Tuesday, 18 December 2018
Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "Consumer IAM Market by Solution (Directory Service, Identity Proofing, Identity Authentication, SSO, and Data Governance), Service, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to *'s* offering.*Organizations need to deliver enriched, consistent, and frictionless customer experience, and enhance the operational efficiency are expected to drive the consumer IAM market.*

The consumer Identity and Access Management (IAM) market is expected to grow from USD 16.00 billion in 2018 to USD 37.79 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.The consumer IAM market is driven by factors, such as organizations need to deliver enriched, consistent, and frictionless customer experience, and enhance the operational efficiency. However, the dearth of security experts is one of the biggest challenges in the market.

The identity authentication segment is expected to contribute the largest market share in the consumer IAM market during the forecast period. Identity authentication for consumers is of the utmost importance to verify and validate identities for secure and seamless consumer experience, as identity fraud and theft is one of the biggest cybercrimes in today's world.
Cloud segment is estimated to contribute the larger market share in 2018.

The cloud segment is a faster-growing segment in the consumer IAM market. SMEs, in particular, have implemented cloud deployment mode, as it enables them to focus on their core competencies rather than investing their capital in the security infrastructure. Organizations can avoid costs related to hardware, software, storage, and technical staff by using cloud-based solutions. Hence, the cloud segment is estimated to contribute the largest market share in the consumer IAM market, in 2018. However, organizations, where user credentials are critical for business operations, would use on-premises deployment mode as the organization itself controls their systems.

Asia Pacific (APAC) is expected to show the highest growth rate during the forecast period in the consumer IAM market. This growth is chiefly due to the high-security spending by organizations in major countries, such as China, Australia, India, Singapore, and Japan, for consumer identity proofing, authentication, and authorization. Furthermore, North America is estimated to account for the largest market size, in 2018, as the region is an early adopter of these security technologies.*Key Topics Covered:**1 Introduction*
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

*2 Research Methodology*
2.1 Research Data
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

*3 Executive Summary*

*4 Premium Insights*
4.1 Attractive Market Opportunities in the Consumer IAM Market
4.2 Consumer IAM Market, By Deployment Mode
4.3 Consumer IAM Market, By Organization Size
4.4 Global Consumer IAM Market, By Region and Top 5 Solutions

*5 Market Overview*
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Organizations' Need to Deliver Enriched, Consistent, and Frictionless Customer Experience and Enhance the Operational Efficiency Growing Retail and Ecommerce Business and Rising IoT Trend Across the Globe Increasing Concerns About Managing Stringent Industry Regulations and Compliances
5.2.2 Restraints Lack of Identity Standards and Budgetary Constraints in Deploying Consumer IAM Solutions
5.2.3 Opportunities Cultural Shift From Traditional IAM to Consumer IAM Proliferation of Cloud-Based Consumer IAM Solutions and Services Among Global Organizations Integration of Consumer IAM With Marketing Tools
5.2.4 Challenges Lack of Security Experts
5.3 Standards and Regulations
5.3.1 General Data Protection Regulation (GDPR)
5.3.2 Health Insurance Portability and Accountability Act (HIPAA)
5.3.3 Federal Information Security Management Act (FISMA)
5.3.4 Sarbanes-Oxley Act (SOX)
5.3.5 Gramm-Leach-Bliley Act (GLBA)
5.3.6 Payment Card Industry Data Security Standard (PCI DSS)
5.3.7 Federal Information Processing Standards (FIPS)
5.4 IAM vs Consumer IAM

*6 Consumer IAM Market, By Component*
6.1 Introduction
6.2 Solution
6.2.1 Directory Services
6.2.2 Identity Proofing/Verification
6.2.3 Identity Authentication
6.2.4 Identity Analytics
6.2.5 Behavioral Analytics
6.2.6 Single-Sign On
6.2.7 Access Management
6.2.8 Data Governance
6.3 Service
6.3.1 Training and Education Services
6.3.2 Advisory and Implementation Services
6.3.3 Support Services

*7 Consumer IAM Market, By Authentication Type*
7.1 Introduction
7.2 Passwords
7.3 Knowledge-Based Answers
7.4 Tokens
7.5 Biometrics
7.6 Pin
7.7 Security Certificates

*8 Consumer IAM Market, By Deployment Mode*
8.1 Introduction
8.2 Cloud
8.3 On-Premises

*9 Consumer IAM Market, By Organization Size*
9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium-Sized Enterprises

*10 Consumer IAM Market, By Industry Vertical*
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Public Sector
10.4 Retail and Consumer Goods
10.5 Telecommunications
10.6 Media and Entertainment
10.7 Travel and Hospitality
10.8 Healthcare
10.9 Education
10.10 Others

*11 Consumer IAM Market, By Region*

*12 Competitive Landscape*
12.1 Overview
12.2 Competitive Scenario

*13 Company Profiles*
13.1 Introduction
13.2 IBM
13.3 Microsoft
13.4 Salesforce
13.5 SAP
13.6 Okta
13.7 CA Technologies
13.8 Janrain
13.9 Ping Identity
13.10 Forgerock
13.11 Loginradius
13.12 Iwelcome
13.13 Globalsign
13.14 Trusona
13.15 Secureauth
13.16 Widasconcepts
13.17 Acuant
13.18 Empowerid
13.19 Onegini
13.20 Pirean
13.21 Auth0
13.22 Avatier
13.23 Ergon
13.24 Manageengine
13.25 Simeio Solutions
13.26 UbisecureFor more information about this report visit

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Laura Wood, Senior Press Manager
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Related Topics: IT Security

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