Global Identity and Access Management (IAM) Market Size, Trends & Growth Opportunity and By Component (Solution and Services), By Solution (Data Directory, Identity Lifecycle Management, Provisioning, De-provisioning, Authentication, Verification, Password Management, Self-Service Password Reset, Password Reset, Password Synchronization, Access Management and Authorization, Audit, Compliance, and Governance), By Service (Integration and Deployment, Support and Maintenance, and Consulting), By Region and Forecast till 2027.
Global Identity and Access Management (IAM) Market 
The Global Identity and Access Management (IAM) Market is expected to grow from US$ 12.85 Billion in 2021 to US$ 27.06 Billion by 2027; it is estimated to grow at a CAGR of 13.22% from 2021 to 2027.
Organizations use the security architecture known as "identity and access management" (IAM) more frequently to control access to company resources and data as well as digital identities. The market will be fueled by developments in IoT and artificial intelligence, rising regulatory compliance management awareness, increasing reliance on digital platforms and automation, and expanding cloud technology use across sectors over the projected period.
Drivers: The IAM market has clearly expanded here. This market has been extremely helpful in managing access to company data across all industries, including sensitive and non-sensitive data, and in identifying individuals. It provides significant data protection where there are market opportunities for identification and access management. The information provided here is used for mobility solutions, which throughout this time period drive growth opportunities for identity and access management. 
Restraints: Technology development turned into a difficult issue for the IAM sector. The fraudsters exploited this privilege, hacked the system, and proceeded to the company's records. The industry started to be threatened by this. The creation of ATPs and tailored threats is still another difficult element. Cybercriminals are stealing data using these newest approaches, which is quite problematic for the market. During the identity and access management market prediction, completing the access resources along with the organization's removal from systems in a significant amount of time becomes a major challenging issue.
Opportunities: Due to the manageability and affordability of these solutions, as well as the rising usage of these solutions by SMEs, the demand for cloud-based IAM solutions, such as cloud identity as a service (IDaaS), is anticipated to expand quickly in the future years. Additionally, these solutions take less time and less money to deploy. Additionally, the hybrid deployment strategy supports end users in choosing various technologies that may be used both on-premises and in the cloud. It can therefore influence the market in the upcoming years.
Impact of Covid-19
The COVID outbreak has had an impact on a number of business sectors, including access businesses and individuals. Since then, internet services have become increasingly important. Because of this, the population now depends on the expansion of the identity and access management business. Because of this, the populace now depends more on business. Access management software has a significant impact on the growth of the identity and access management sector during this epidemic. IAM industry vendors have come out to provide assistance and support.
Segmentation By Component: Identity and Access Management (IAM) Market is classified on the basis of Component into Solution and Services. 
Segmentation By Solution: Identity and Access Management (IAM) Market is classified on the basis of Solution into Data Directory, Identity Lifecycle Management, Provisioning, De-provisioning, Authentication, Verification, Password Management, Self-Service Password Reset, Password Reset, Password Synchronization, Access Management and Authorization, Audit, Compliance, and Governance. 
Segmentation By Service: Identity and Access Management (IAM) Market is classified on the basis of Service into Integration and Deployment, Support and Maintenance, and Consulting. 
Segmentation By Region: Identity and Access Management (IAM) Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. With a market share of more than 40% in terms of sales, North America dominated the industry. Regarding the uptake of cyber technology and its infrastructure, North America is regarded as the most developed region. Cybersecurity is seen as a critical economic and national security concern in North America due to the rising incidence of security threats and data breaches in this region.
Competitive Landscape: The key players of Identity and Access Management (IAM) Market are Microsoft (US), IBM (US), Oracle (US), Broadcom (US), Salesforce (US), Ping Identity (US), Okta (US), HID Global (US), ForgeRock (US), CyberArk (US), RSA Security (US), Avatier (US), ManageEngine (US), and SecureAuth (US). 
Industrial Development 
• In March 2022, Microsoft purchased Nuance in order to help businesses in a variety of sectors achieve their objectives faster by combining conversational AI and ambient intelligence with Microsoft's dependable commercial cloud services.
• Ping Identity unveiled PingOne DaVinci in February 2022, a brand-new no-code identity orchestration tool that lets businesses to combine and coordinate identity services from several providers.
Market Taxonomy 
By Component 
• Solution
• Services
By Solution 
• Data Directory
• Identity Lifecycle Management
• Provisioning
• De-provisioning
• Authentication
• Verification
• Password Management
• Self-Service Password Reset
• Password Reset
• Password Synchronization
• Access Management and Authorization
• Audit
• Compliance
• Governance
By Service 
• Integration and Deployment
• Support and Maintenance
• Consulting
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Identity and Access Management (IAM) Market?
• What will be the growth rate from 2021 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?

Global Identity and Access Management (IAM) Market
1. Introduction
1.1 Objective of the Study 
1.2 Market definition
1.3 Market Scope
2. Research Methodology
2.11 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3. Executive Summary
4. Global Identity and Access Management (IAM) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Identity and Access Management (IAM) Market, By Component 
5.1 Y-o-Y Growth Comparison, By Component 
5.2  Global Identity and Access Management (IAM) Market  Share Analysis, By Component 
5.3 Global Identity and Access Management (IAM) Market Size and Forecast, By Component 
5.3.1 Solution
5.3.2 Services
6. Global Identity and Access Management (IAM) Market, By Services
6.1 Y-o-Y Growth Comparison, By Services
6.2 Global Identity and Access Management (IAM) Market Share Analysis, By Services
6.3 Global Identity and Access Management (IAM) Market Size and Forecast, By Services
6.3.1 Integration and Deployment
6.3.2 Support and Maintenance
6.3.3 Consulting
7. Global Identity and Access Management (IAM) Market, By Solution
7.1 Y-o-Y Growth Comparison, By Solution
7.2 Global Identity and Access Management (IAM) Market Share Analysis, By Solution
7.3  Global Identity and Access Management (IAM) Market  Size and Forecast, By Solution
7.3.1 Data Directory
7.3.2 Identity Lifecycle Management
7.3.3 Provisioning
7.3.4 De-provisioning
7.3.5 Authentication
7.3.6 Verification
7.3.7 Password Management
7.3.8 Self-Service Password Reset
7.3.9 Password Reset
7.3.10 Password Synchronization
7.3.11 Access Management and Authorization
7.3.12 Audit
7.3.13 Compliance
7.3.14 Governance 
8. Global Identity and Access Management (IAM) Market, By Region
8.1 Global Identity and Access Management (IAM) Market Share Analysis, By Region
8.2 Global Identity and Access Management (IAM) Market Size and Forecast, By Region
8.2 Global Identity and Access Management (IAM) Market Size and Forecast, By Region
9. North America Identity and Access Management (IAM) Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Identity and Access Management (IAM) Market Share Analysis, By Component 
9.3 North America Identity and Access Management (IAM) Market Size and Forecast, By Services 
9.4 North America Identity and Access Management (IAM) Market Size and Forecast, By Solution
9.5 North America Identity and Access Management (IAM) Market Size and Forecast, By Country
9.5.1 US
9.5.2 Canada
9.5.3 Mexico
10. Europe Identity and Access Management (IAM) Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Identity and Access Management (IAM) Market Share Analysis, By Component  
10.3 Europe Identity and Access Management (IAM) Market Size and Forecast, By Services
10.4 Europe Identity and Access Management (IAM) Market Size and Forecast, By Solution
10.5 Europe Identity and Access Management (IAM) Market Size and Forecast, By Country
10.5.1 UK
10.5.2 Germany
10.5.3 France
10.5.4 Rest of Europe (Russia, Spain, Finland, Denmark, Italy, Greece, and Sweden)
11. Asia Pacific Identity and Access Management (IAM) Market Analysis and Forecast (2022-2027)
11.1¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ Introduction
11.2 Asia Pacific Identity and Access Management (IAM) Market Share Analysis, By Component 
11.3 Asia Pacific Identity and Access Management (IAM) Market Size and Forecast, By Services
11.4 Asia Pacific Identity and Access Management (IAM) Market Size and Forecast, By Solution
11.5 Asia Pacific Identity and Access Management (IAM) Market Size and Forecast, By Country
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.2.5 Rest of Asia Pacific (Hong Kong, Australia, Singapore, New Zealand, Indonesia, Malaysia, and Taiwan)
12 Latin America Identity and Access Management (IAM) Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Identity and Access Management (IAM) Market Share Analysis, By Component 
12.3 Latin America Identity and Access Management (IAM) Market Size and Forecast, By Services
12.4 Latin America Identity and Access Management (IAM) Market Size and Forecast, By Solution
12.5 Latin America Identity and Access Management (IAM) Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Identity and Access Management (IAM) Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Identity and Access Management (IAM) Market Share Analysis, By Component 
12.3 Middle East Identity and Access Management (IAM) Market Size and Forecast, By Services
13.4 Middle East Identity and Access Management (IAM) Market Size and Forecast, By Solution
13.5 Middle East Identity and Access Management (IAM) Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14. Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Microsoft (US)
15.1. Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 IBM (US)
15.2.1. Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Oracle (US)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Broadcom (US)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Salesforce (US)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. Ping Identity (US)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. SecureAuth (US)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies