IoT IAM Market Key Highlights:
- Market Size (2024): USD 4.91 Billion
- Projected Market Size (2034): USD 20.03 Billion
- CAGR (2023-2034): 15.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
IoT IAM Market Definition
The IoT IAM market explains the section of the IoT ecosystem that deals with identity, authentication, and access it to devices, users, and even systems in an Internet of Things (IoT) environment. The market for Identity and Access Management (IAM) is moving forward to include the IoT by adding device-centric features to the existing architecture. This is because IAM vendors are reorganizing their portfolio to present a one-stop shop for the employee and customer IoT IAM. The trend is likely to take shape in the form of a complete Integrated IoT security solution which in addition to a root of trust management includes device identity and access management, data security end to end, device visibility, and control access on a need-to-know basis.
The swift transition of most business processes into the digital realm has created an upsurge in the need for security as well as the fast deployment of Identification and Access Management (IAM) systems within the IoT. The proliferation of malware and other security threats targeting connected devices and the growing reliance on these devices by enterprises has created a greater need for advanced and high-end integrated IoT based identity and access management solutions, thus facilitating the rise of global IoT IAM market.
IoT IAM Market Segmentation:
By Type
- Private Deployment Model
- Public Deployment Model
- Hybrid Deployment Model
By Application
- Retail And Consumer Goods
- Public Sector, Public Utilities
- Health Care
- Energy, Oil, Gas
- Manufacturing
- Other
IoT IAM Market Companies:
- AMAZON WEB SERVICES
- Broadcom
- LOGMEIN
- GEMALTO
- MICRO FOCUS INTERNATIONAL
- COVISINT
- FORGEROCK
- PING IDENTITY CORPORATION
- CERTIFIED SECURITY SOLUTIONS
- GLOBALSIGN
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