identity and access management market is driven by byod, mobility, and internet of things

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Identity and Access Management Market is Driven by BYOD, Mobility, and Internet of Things STRATEGIC INSIGHTS

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Page 1: Identity and access management market is driven by byod, mobility, and internet of things

Identity and Access Management

Market is Driven by BYOD, Mobility,

and Internet of Things

STRATEGIC INSIGHTS

Page 2: Identity and access management market is driven by byod, mobility, and internet of things

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

[email protected]

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,

Page 3: Identity and access management market is driven by byod, mobility, and internet of things

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

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping

clients in achieving business transformation goals with Strategic Business, and Growth

advisory services.

Our Strategic Business, and Growth Advisory services are organized specifically to help

clients develop and validate strategies based on global mega trends, understand the

business potential and untapped opportunities, and strategies for growth.