consumer identity and access management market

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Consumer Identity and Access Management Market

• The consumer identity and access management
  market was valued at USD 13.56 Billion in 2017
  and is expected to grow at a CAGR of 10.6 during
  the forecast period, 20192026, according to a
  new Straits Research study.

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Consumer identity and access management solutions
find application across numerous industries,
including healthcare, education, government,
telecommunication, retail, e-commerce, and
hospitality, among others. The exponential rise
in adoption of smart devices, digitization of
businesses, rising need to prevent cyber frauds
are some of the key driving factors for the
growth of the access management and consumer
identity market. Frequent cases of fraud and
cyber-attacks are accelerating the demand for
these solutions, along with government support
and investments to optimize operations
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The Consumer Identity and Access Management
market report is the most important research for
who looks for complete information on the global
trends for the Consumer Identity and Access
Management market. This report covers all
information on the Global as well as regional
markets including old and future trends for
market demand, supply, size, competitors, prices
and Global predominant vendors' information. the
report also provides a complete overview of
Consumer Identity and Access Management markets
including key players, types, manufacturing segmen
t, cost, fluid market shares, and market dynamics
in 2019.
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North America is expected to hold the largest
market share during the forecast period, due to
the increasing implementation of legal regulatory
and cyber laws to improve data protection by
governments in the region. Apart from this, the
strong presence of consumer IAM players in this
region is also contributing to market
growth.Europe is projected to grow at a
significant rate in the consumer IAM market
during the forecast period, owing to the growing
consumer IAM trend of centralized monitoring and
stringent government regulations to protect
customer data.Asia Pacific region is expected
to grow at the highest rate during the forecast
period, owing to the increasing incidences of
cyber-attacks and growth in energy power
sectors, which are collectively driving the
demand for consumer identity and access
management solutions.
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