The report "Personal Identity Management Market by Application (Access Control and Content Management), Service (Professional Services and Managed Services), Deployment Type (On-Premises and Cloud), Vertical, and Region - Global Forecast to 2021", The Personal Identity Management market size is estimated to grow from USD 7.37 Billion in 2016 to USD 12.76 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 11.61%.
Browse 50 market data Tables and 44 Figures spread through 127 Pages and in-depth TOC on "Personal Identity Management Market by Application (Access Control and Content Management), Service (Professional Services and Managed Services), Deployment Type (On-Premises and Cloud), Vertical, and Region - Global Forecast to 2021"
The increasing technology trend of Bring Your Own Device (BYOD) and Choose-Your-Own Device (CYOD) within organizations has introduced many security threats associated with identity thefts. As the frequency of sophisticated attacks on critical infrastructure are growing, the Personal Identity Management market is expected to gain traction in the next five years.
Access control application to play a key role in the Personal Identity Management market
Access control is expected to play a key role in changing the Personal Identity Management landscape during the forecast period and it also expected to grow at the highest CAGR during the forecast period. This application provides identity managers with real-time management of all the activities with user devices such as smartphones, tablets, and laptops along with high security against malicious threats within the enterprises.
Cloud-based deployment is expected to be the fastest-growing deployment model
Cloud deployment is expected to be the fastest-growing deployment model in the Personal Identity Management market as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities. Cloud Personal Identity Management solutions are available according to customer demand, wherein customers can start or stop any service, at will.
North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the highest CAGR
North America is expected to hold the largest market share and dominate the Personal Identity Management market from 2016 to 2021. The changing adoption needs of cloud applications, BYOD, and mobile practices along with meeting the strict compliance regulations are driving the organizations in North America to adopt Personal Identity Management applications. Various companies such as IBM, VMware, CA Technologies, Microsoft, Oracle, and Okta among others are operating in the market space. APAC offers potential growth opportunities for the Personal Identity Management market to grow, as countries in the region are investing heavily to enhance access control and content management solutions.
The major vendors in the Personal Identity Management market include IBM Corporation (U.S.), VMware (U.S.), CA Technologies (U.S.), Microsoft (U.S.), Oracle (U.S.), and others.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441