According to SPER Market Research, the Global Ideas Market is driving demand for cloud-based security services and solutions, which is expected to drive adoption of Identity-as-a-Service (IDaaS) solutions. Businesses need to provide access to remote workers while maintaining security compliance and need identity and access solutions. Stringent regulations and privacy laws are driving demand for IDaaS solutions. Stringent global regulations and compliance related to identity theft, such as the General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability act (HIPAA), and more, force organization to overwhelm internal staff, contractors, and end-users. Users We are forced to take additional measures to protect our users. account.
COVID-19 is impacting the Identity as a Service (IDaaS) market. Limited capital costs and a shortage of employees hampered the sale and production of Identity-as-a-Service (IDaaS) technology. However, governments and market players are adopting new safeguards due to the development of practices. Technological advances have increased the sales rate of the Identity as a Service (IDaaS) industry by targeting the right audience.
Idaas Market Overview:
Forecast CAGR (2022-2032): 24.92%.
Forecast Market Size (2032): 51.82 billion.
Impact of COVID-19 on the Global Idaas Market:
During the pandemic crisis, both large and small firms have moved their whole company operations to online digital platforms. Businesses in the retail, healthcare, IT and telecommunications, and BFSI sectors are implementing cloud-based apps and solutions to provide specialized services to clients who are subject to constraints. Due to this factor, the volume of private and confidential information on internet platforms has substantially expanded, raising data security risks. Demand for Identity-as-a-Service is increasing across businesses due to this threat to data security. Identity frameworks have become more demanding regarding privacy compliance since the epidemic. For instance, the UK’s National Health Service is using digital IDs to vet medical personnel during the epidemic. The epidemic has therefore made it possible to access sensitive data through managed and restricted methods. After the pandemic, this factor is anticipated to spur the market for identity-as-a-service to rise.
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Identity as a Service (IDaaS) Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Deployment Type:
By Service Type:
By Enterprise Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
By Access Type:
- Single Sign-On
- Multi-factor Authentication
- Compliance Management
- Directory Services, Provisioning
- Password Management
- Document Verification
- North America
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Idaas Market Key Players:
The Global Idaas Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; CA Technologies, Capgemini, Centrify, Connectis, Exostar, ForgeRock, Inc., Gemalto, IBM Corporation, Ilantus Technologies Private Limited, iWelcome, JumpCloud, Inc., ManageEngine, Microsoft Corporation, Okta, Inc., One Identity LLC, OneLogin, Inc., Oracle Corporation, Ping Identity Corporation, SailPoint Technologies Inc., Software Ltd.
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