Maximize Market Research has published the “Global Identity Governance & Administration Market Report 2021”, which has covered the comprehensive analysis of market by different segment as well as demand & supply study and gaps between the same by region. The report gives an exclusive insights in key players by region with competitive landscape of the market. The market share in the industry is given by key players, which helps user of the report to understand the market structure at glance.
Key players in the industry are profiled in the report that give strategic insights of the companies with their top line and plans of expansion in near tern with M&A policies. Profiles of companies will help user to understand the most revenue generating segments for the companies including products, region.
Identity Governance & Administration is a policy-based approach that is used to identify user management and give access control whenever required. The Identity Governance & Administration (IGA) is specifically used to help support enterprise security and regulate compliances. IGA forms to be as the center of all the IT operations, which helps to enable and secure digital identities for all the users, applications, and data.
The identity governance and administration also allow the businesses to provide automated access to an ever-growing number of technology assets while managing potential security and compliance risks. The IGA is used to handle various business objectives like reducing operational costs, reducing risk and strengthen security, improve compliance and audit performance, and deliver fast, efficient access to the business. The IGA can also help in automating the workflows for provisioning and de-provisioning users, as and when needed.
The report has covered the market dynamics including demand drivers, restraints and opportunities by region. External factors and internal factors of companies affecting the growth of the companies and ultimately adding the total market are analysed in the report.
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Global Identity Governance & Administration Market Key Competitors: The major players covered in the Identity Governance & Administration market report are
Global Identity Governance & Administration Market, By Component
On the basis of components, the services segment is expected to lead the market of identity governance and administration during the forecast period. The services segment is further classified into Managed Services and Professional Services, which is further divided into services like, Integration & Implementation, Training & Consulting, and Support & Maintenance. These services are helpful in providing cost-effective solutions to the clients, by keeping in mind all the time and budget constraints.
Global Identity Governance & Administration Market, By Deployment Type
o On – Premises
Global Identity Governance & Administration Market, By Industry Vertical
o Government & Defense
o Telecom & IT
o Healthcare & Life Sciences
The banking, Financial Services, and Insurance industrial sector are expected to grow with the highest market share during the forecast period. The reason for this significant growth could be attributed to the various regulatory compliances that this sector needs to follow, which highly requires proper maintenance of all the data and information accordingly. Hence, IGA can easily provide such solutions, and hence this sector is seen to be easily adopting the same, thereby making its demand rise in the market.
Global Identity Governance & Administration Market, By Geography
o North America
o South America
o Asia Pacific
o Middle East & Africa
North America is expected to dominate the market for Identity Governance & Administration during the forecast period. The high growth rate is basically attributed to the presence of a large number of prominent vendors in this region.
Global Identity Governance & Administration Market Competitive Landscape
• The major key players operating in this market include -:
o Oracle (US)
o IBM (US)
o SailPoint (US)
o SAP (Germany)
o Microsoft (US)
o CA Technologies (US)
o Evidian (France)
o NetIQ (US)
o One Identity (US)
o RSA Security (US)
o Hitachi ID (Canada)
o Saviynt (US)
o AlertEnterprise (US)
o Omada (Denmark)
o SecureAuth (US).
• Recent Developments -:
o Okta Inc. in May 2020 announced the launch of its new native identity integration with Amazon Web Services, to improve security, expand automation capabilities for large, and complex organizations, and simplify the user experience.
o SAP SE in May 2020 announced its strategic partnership with GEA. This partnership was basically intended to drive enterprise wide digital transformation. This will be majorly focused on implementing a global ERP system based on SAP S/4HANA.
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Identity Governance & Administration Market report studies the top producers and consumers, focuses on product capacity, value, consumption, market share and growth opportunity in these key regions, covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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