Global Identity as a Service (IDaaS) Market Size, Trends and Growth opportunity, By Component (Provisioning, Single Sign-On, Advanced Authentication, Audit, Compliance, And Governance, Directory Service, And Password Management), By Deployment Type (Public, Private, Hybrid), By Service Type (On-Site, In-House), By Enterprise Size (SMEs, Large Enterprises), By Access Type (Single Sign-On, Multi-factor Authentication, Compliance Management, Directory Services, Provisioning, Password Management, Others), By Application (Document Verification, Authentication/identification, Screening), By End User (Government, Retail and Consumer Electronics, Transportation and Logistics, Media and Entertainment, IT and Telecommunication, BFSI, Energy and Utility, Healthcare, Automotive, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Identity as a Service (IDaaS) Market
Global Identity as a Service (IDaaS) Market was valued at USD 5.6 billion in 2021 and is expected to reach USD 16.8 billion by 2027, at a CAGR 20.09% from 2022-2027.
Identity as a Service (IDaaS) is defined as a tool for meeting business expectations on the cloud by providing features for identity and access management (IAM). It also includes a federated identity, user interface, identity analytics which can detect and react to threats and API security. They are commonly utilized in identification, authentication, document verification, and screening of applications.
Market Drivers
The increase in the security concerns both in the private and public sector acts as one of the major factors driving the growth of identity as a service (IDaaS) market. The high demand for services and cloud-based security solutions propels the market growth. 
Furthermore, the rising adoption of IoT-based solutions across a wide range of industries, accelerate the market growth.
Market Restraints
The budgetary limitations to inhibit the adoption of identity as a Service solutions and organizations’ hesitations about cloud-based security adoption are projected to obstruct the IDaaS market growth. Also, growing IT infrastructure complexities is expected to challenge the market in the forecast period.
Market Segmentation
The Global Identity as a Service (IDaaS) Market is segmented based on component, deployment type, service type, enterprise size, access type, application, and end user industry.
Based on component, it is segmented into provisioning, single sign-on, advanced authentication, audit, compliance, and governance, directory service, and password management.
Regional Analysis
The Global Identity as a Service (IDaaS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the Identity as a Service (IDaaS) market because of rising incidents of security threats and data breaches. Also, the rising number of cyberattacks to access confidential consumer data and growing adoption of cloud applications will further boost the growth of the market in the region.
Key Players
Various key players are discussed into the Global Identity as a Service (IDaaS) Market Report including: Okta, Inc., Ping Identity Corporation, OneLogin, Inc., Microsoft Corporation, ForgeRock, Inc., IBM Corporation, ManageEngine, CyberArk Software Ltd., Oracle Corporation, SailPoint Technologies Inc., JumpCloud Inc, and Others.
Market Taxonomy
By Component
•        Provisioning
•        Single Sign-On
•        Advanced Authentication
•        Audit
•        Compliance
•        Governance
•        Directory Service
•        Password Management
By Deployment Type
•        Public
•        Private
•        Hybrid
By Service Type
•        On-Site
•        In-House
By Access Type
•        Single Sign-On
•        Multi-Factor Authentication
•        Compliance Management
•        Directory Services
•        Provisioning
•        Password Management
•        Others
By Enterprise Size
•        SMEs
•        Large Enterprises
By Application
•        Document Verification
•        Authentication/identification
•        Screening
By End-User
•        Government
•        Retail and Consumer Electronics
•        Transportation and Logistics
•        Media and Entertainment
•        IT and Telecommunication
•        BFSI
•        Energy and Utility
•        Healthcare
•        Automotive
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Identity as a Service (IDaaS) Market TOC:
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Identity as a Service Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Identity as a Service Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Identity as a Service Market Share Analysis, By Component
5.3 Global Identity as a Service Market Size and Forecast, By Component
5.3.1 Provisioning
5.3.2 Single Sign-On
5.3.3 Advanced Authentication
5.3.4 Audit
5.3.5 Compliance
5.3.6 Governance
5.3.7 Directory Service
5.3.8 Password Management
6 Global Identity as a Service Market, By Deployment Type
6.1 Y-o-Y Growth Comparison, By Deployment Type
6.2 Global Identity as a Service Market Share Analysis, By Deployment Type
6.3 Global Identity as a Service Market Size and Forecast, By Deployment Type
6.3.1 Public
6.3.2 Private
6.3.3 Hybrid
7 Global Identity as a Service Market, By Service Type
7.1 Y-o-Y Growth Comparison, By Service Type
7.2 Global Identity as a Service Market Share Analysis, By Service Type
7.3 Global Identity as a Service Market Size and Forecast, By Service Type
7.3.1 On-Site
7.3.2 In-House
8 Global Identity as a Service Market, By Access Type
8.1 Y-o-Y Growth Comparison, By Access Type
8.2 Global Identity as a Service Market Share Analysis, By Access Type
8.3 Global Identity as a Service Market Size and Forecast, By Access Type
8.3.1 Single Sign-On
8.3.2 Multi-Factor Authentication
8.3.3 Compliance Management
8.3.4 Directory Services
8.3.5 Provisioning
8.3.6 Password Management
8.3.7 Others
9 Global Identity as a Service Market, By Enterprise Size
9.1 Y-o-Y Growth Comparison, By Enterprise Size
9.2 Global Identity as a Service Market Share Analysis, By Enterprise Size
9.3 Global Identity as a Service Market Size and Forecast, By Enterprise Size
9.3.1 SMEs
9.3.2 Large Enterprises
10 Global Identity as a Service Market, By Application
10.1 Y-o-Y Growth Comparison, By Application
10.2 Global Identity as a Service Market Share Analysis, By Application
10.3 Global Identity as a Service Market Size and Forecast, By Application
10.3.1 Document Verification
10.3.2 Authentication/identification
10.3.3 Screening
11 Global Identity as a Service Market, By End-User
11.1 Y-o-Y Growth Comparison, By End-User
11.2 Global Identity as a Service Market Share Analysis, By End-User
11.3 Global Identity as a Service Market Size and Forecast, By End-User
11.3.1 Government
11.3.2 Retail and Consumer Electronics
11.3.3 Transportation and Logistics
11.3.4 Media and Entertainment
11.3.5 IT and Telecommunication
11.3.6 BFSI
11.3.7 Energy and Utility
11.3.8 Healthcare
11.3.9 Automotive
11.3.10 Others
12 Global Identity as a Service Market, By Region
14.1 Global Identity as a Service Market Share Analysis, By Region
14.2 Global Identity as a Service Market Share Analysis, By Region
14.3 Global Identity as a Service Market Size and Forecast, By Region
13 North America Identity as a Service Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 North America Identity as a Service Market Share Analysis, By Component
13.3 North America Identity as a Service Market Size and Forecast, By Deployment Type
13.4 North America Identity as a Service Market Size and Forecast, By Service Type
13.5 North America Identity as a Service Market Size and Forecast, By Access Type
13.6 North America Identity as a Service Market Size and Forecast, By Enterprise Size
13.7 North America Identity as a Service Market Size and Forecast, By Application
13.8 North America Identity as a Service Market Size and Forecast, By End-User
13.9 North America Identity as a Service Market Size and Forecast, By Country
13.9.1 U.S.
13.9.2 Canada
13.9.3 Mexico
14 Europe Identity as a Service Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Europe Identity as a Service Market Share Analysis, By Component
14.3 Europe Identity as a Service Market Size and Forecast, By Deployment Type
14.4 Europe Identity as a Service Market Size and Forecast, By Service Type
14.5 Europe Identity as a Service Market Size and Forecast, By Access Type
14.6 Europe Identity as a Service Market Size and Forecast, By Enterprise Size
14.7 Europe Identity as a Service Market Size and Forecast, By Application
14.8 Europe Identity as a Service Market Size and Forecast, By End-User
14.9 Europe Identity as a Service Market Size and Forecast, By Country
14.9.1 Germany
14.9.2 France
14.9.3 UK
14.9.4 Rest of Europe
15 Asia Pacific Identity as a Service Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Asia Pacific Identity as a Service Market Share Analysis, By Component
15.3 Asia Pacific Identity as a Service Market Size and Forecast, By Deployment Type
15.4 Asia Pacific Identity as a Service Market Size and Forecast, By Service Type
15.5 Asia Pacific Identity as a Service Market Size and Forecast, By Access Type
15.6 Asia Pacific Identity as a Service Market Size and Forecast, By Enterprise Size
15.7 Asia Pacific Identity as a Service Market Size and Forecast, By Application
15.8 Asia Pacific Identity as a Service Market Size and Forecast, By End-User
15.9 Asia Pacific Identity as a Service Market Size and Forecast, By Country
15.9.1 China        
15.9.2 Japan
15.9.3 India
15.9.4 Rest of Asia Pacific
16 Latin America Identity as a Service Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Latin America Identity as a Service Market Share Analysis, By Component
16.3 Latin America Identity as a Service Market Size and Forecast, By Deployment Type
16.4 Latin America Identity as a Service Market Size and Forecast, By Service Type
16.5 Latin America Identity as a Service Market Size and Forecast, By Access Type
16.6 Latin America Identity as a Service Market Size and Forecast, By Enterprise Size
16.7 Latin America Identity as a Service Market Size and Forecast, By End-User
16.8 Latin America Identity as a Service Market Size and Forecast, By Application
16.9 Latin America Identity as a Service Market Size and Forecast, Country
16.9.1 Brazil
16.9.2 Rest of Latin America
17 Middle East Identity as a Service Market Analysis and Forecast (2022-2027)
17.1 Introduction
17.2 Middle East Identity as a Service Market Share Analysis, By Component
17.3 Middle East Identity as a Service Market Size and Forecast, By Deployment Type
17.4 Middle East Identity as a Service Market Size and Forecast, By Service Type
17.5 Middle East Identity as a Service Market Size and Forecast, By Access Type
17.6 Middle East Identity as a Service Market Size and Forecast, By Enterprise Size
17.7 Middle East Identity as a Service Market Size and Forecast, By Application
17.8 Middle East Identity as a Service Market Size and Forecast, By End-User
17.9 Middle East Identity as a Service Market Size and Forecast, By Country
17.9.1 Saudi Arabia
17.9.2 UAE
17.9.3 Egypt
17.9.4 Kuwait
17.9.5 South Africa
18 Competitive Analysis
18.1 Competition Dashboard
18.2 Market share Analysis of Top Vendors
18.3 Key Development Strategies
19 Company Profiles
19.1 Okta, Inc.
19.1.1 Overview
19.1.2 Offerings
19.1.3 Key Financials
19.1.4 Business Segment & Geographic Overview
19.1.5 Key Market Developments
19.1.6 Key Strategies
19.2 Ping Identity Corporation
19.2.1 Overview
19.2.2 Offerings
19.2.3 Key Financials
19.2.4 Business Segment & Geographic Overview
19.2.5 Key Market Developments
19.2.6 Key Strategies
19.3 OneLogin, Inc.
19.3.1 Overview
19.3.2 Offerings
19.3.3 Key Financials
19.3.4 Business Segment & Geographic Overview
19.3.5 Key Market Developments
19.3.6 Key Strategies
19.4 Microsoft Corporation
19.4.1 Overview
19.4.2 Offerings
19.4.3 Key Financials
19.4.4 Business Segment & Geographic Overview
19.4.5 Key Market Developments
19.4.6 Key Strategies
19.5 ForgeRock, Inc.
19.5.1 Overview
19.5.2 Offerings
19.5.3 Key Financials
19.5.4 Business Segment & Geographic Overview
19.5.5 Key Market Developments
19.5.6 Key Strategies
19.6 IBM Corporation
19.6.1 Overview
19.6.2 Offerings
19.6.3 Key Financials
19.6.4 Business Segment & Geographic Overview
19.6.5 Key Market Developments
19.6.6 Key Strategies
19.7 ManageEngine
19.7.1 Overview
19.7.2 Offerings
19.7.3 Key Financials
19.7.4 Business Segment & Geographic Overview
19.7.5 Key Market Developments
19.7.6 Key Strategies        
19.8 CyberArk Software Ltd.
19.8.1 Overview
19.8.2 Offerings
19.8.3 Key Financials
19.8.4 Business Segment & Geographic Overview
19.8.5 Key Market Developments
19.8.6 Key Strategies
19.9 Oracle Corporation
19.9.1 Overview
19.9.2 Offerings
19.9.3 Key Financials
19.9.4 Business Segment & Geographic Overview
19.9.5 Key Market Developments
19.9.6 Key Strategies
19.10 SailPoint Technologies Inc
19.10.1 Overview
19.10.2 Offerings
19.10.3 Key Financials
19.10.4 Business Segment & Geographic Overview
19.10.5 Key Market Developments
19.10.6 Key Strategies