identity and access management market is driven by byod, mobility, and internet of things
TRANSCRIPT
Identity and Access Management
Market is Driven by BYOD, Mobility,
and Internet of Things
STRATEGIC INSIGHTS
Strategic Business and Growth Advisory Firm
www.Quadrant-Solutions.com
Identity and Access Management Market is Driven by
BYOD, Mobility, and Internet of Things
According to Quadrant Knowledge Solutions study “Identity and Access Management Market
Outlook – Market Forecast, Trends, and Analysis Through 2020” the IAM market is expected
to grow significantly in the next four to five years with a CAGR of 11.8% by 2020.
The Identity and Access Management market is expected to reach $7.89 billion by 2020.
While the majority of revenues continue to come from software licensing, the cloud-based
IAM solutions continue to post significant growth.
The Role of IAM Would Extend to Controlling Unsecured
Environments
The role of Identity and Access Management Solutions is extending in controlling unsecured
environment. Until a few years ago, employees would access resources through equipment
provided by the enterprise, for instance: laptop; but the advent of cloud-based applications
on smartphones – which is now used for a lot of business related tasks – the scope of IAM is
extending to monitor and secure these unsecured environments. Combining IAM features
like Single Sign On (SSO), role-based access control and identity federation is an effective
way for securing the multiple environments. In addition, increased mobility, rise of social
media, and increasing information inflow has fostered the need for solutions that can handle
these highly distributed identities.
Internet of Things (IoT) is Transforming IAM Solutions and its
Frameworks
Growing adoption of IoT based smart devices are expected to transform the future of IAM
solutions. Traditional people-centric IAM system is transforming to include identities of
different entities including people, services and things within a single IAM framework. IoT
applications are leading to a new approach to identity management called The Identity of
Things (IDoT). IDoT involves assigning unique identifiers to the IoT devices (things) with an
ability to connect and communicate with other entities (other devices, human, applications
and services) over the internet.
Identity and Access Management (IAM) Market Outlook – Market Forecast, Trends, and
Analysis Through 2020 is a part of Information & Communication Technology research of
Quadrant Knowledge Solutions.
For more information about this market outlook research study, please write to
Keywords: Identity and Access Management, IAM, Identity Management, Access
Management, Internet of Things, IoT, Cloud Computing, Bring Your Own Devices, BYOD,
Identity of Things, IDoT, Market Research, Market Structure, Market Size, Market Share,
Strategic Business and Growth Advisory Firm
www.Quadrant-Solutions.com
Competitive Strategy, Market Forecast, Key Trends, Market Drivers, Market Restraints,
Market Challenges, Information and Communication Technology
For more information about GIS Market Trends, please write to info@Quadrant-
Solutions.com
Source:
Quadrant Knowledge Solutions
Quadrant's Market Research
About Quadrant Knowledge Solutions
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