IoT Identity Access Management (IAM) Market

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IoT Identity Access Management (IAM) market size is presently valued at USD 13.4 Billion and is poised to reach a valuation of USD 25.6 Billion by 2030, amplifying at a CAGR of 13.7%.

IoT Identity access management (IAM), commonly referred to as identity management, is a discipline, structure, and set of tools used in IT security to manage IoT device IDs. IoT Identity access management offers a vital security feature that ensures unauthorised individuals cannot access the IoT ecosystem. IoT devices are designed to link people, things, tools, and apps. IoT Identity access management contributes to the development of solid security capabilities by offering end-to-end encryption, overload detection, and unwanted access removal.

IoT Identity access management (IAM), commonly referred to as identity management, is a discipline, structure, and set of tools used in IT security to manage IoT device IDs. IoT Identity access management offers a vital security feature that ensures unauthorised individuals cannot access the IoT ecosystem. IoT identity access management assists in providing end-to-end encryption, overload detection, and unauthorised access removal to help develop robust security capabilities. IoT devices are focused on connecting things, people, tools, and apps.

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Global IoT Identity Access Management (IAM) Market—Segmental Analysis

By Service

  • Password management
  • Access management user provisioning
  • Multi-factor authentication
  • Directory services
  • Single-sign-on (SSO)

The access management user provisioning segment is slated to amass notable gains over the stipulated timeline ascribing to its vast array of benefits.

By Size of Enterprise

  • Small and Mid-sized enterprises
  • Large enterprises

The large enterprises segment is poised to garner significant returns over 2022-2030 owing to the growing investments of these enterprises towards the integration of advanced security solutions.

By Deployment

  • On-premise
  • On-cloud

The on-cloud segment is expected to amplify substantially over the estimated timeline due to the widespread adoption of cloud based IAM solutions by SMEs.

By Application

  • Education
  • IT Telecommunication
  • Retail, Media entertainment
  • Government
  • Others

The IT Telecommunication segment is likely to develop with a high CAGR over the analysis timeline owing to the growing instances of cyberattacks.

Top Key Players:-

  • Microsoft Corporation
  • Amazon Web Services
  • LogMeIn, Inc.
  • Intel Security Group
  • Oracle Corporation
  • Siemens AG
  • CA Technologies
  • Cloud Security Alliance
  • Arcon Tech Solutions
  • EMC Corporation
  • Hitachi Ltd.
  • Schlumberger Limited
  • Kappa Engineering
  • General Electric Company

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Frequently Asked Questions (FAQ):

  1. What is IoT IAM?
  2. Which countries are considered in the European region?
  3. Which are the key drivers supporting the growth of the IoT IAM market?
  4. Who are the key vendors in the IoT IAM market?

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