Identity as a Service Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022

Pages: 126

SKU: IRTNTR74064

Snapshot

The identity as a service market share is expected to increase by USD 6.80 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 18.98%.

This identity as a service market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers identity as a service market segmentation by end-user (telecom and IT, BFSI, education, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The identity as a service market report also offers information on several market vendors, including Atos SE, Broadcom Inc., Capgemini Service SAS, Centrify Corp., CyberArk Software Ltd., HCL Technologies Ltd., Ilantus Inc., International Business Machines Corp., Jumio Corp., JumpCloud Inc., Microsoft Corp., Okta Inc., Oracle Corp., Ping Identity Holding Corp., Quest Software Inc., SailPoint Technologies Holdings Inc., Salesforce.com Inc., Simeio Solutions LLC, Thales Group, and Alphabet Inc. among others.

What will the Identity as a Service Market Size be During the Forecast Period?

Download Report Sample to Unlock the Identity as a Service Market Size for the Forecast Period and Other Important Statistics

Identity as a Service Market: Key Drivers, Trends, and Challenges

The growing adoption of cloud security solutions is notably driving the identity as a service market growth, although factors such as system integration and interoperability issues may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the identity as a service industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Identity as a Service Market Driver

One of the key factors driving growth in the identity as a service market is the growing adoption of cloud security solutions. The demand for IDaaS is expected to grow significantly over the next few years, driven by an increase in consumer demand for cloud security solutions. Many organizations and businesses already use cloud services for computing, networking, and data storage. However, companies need to be careful about securing their data while providing access to their network through the cloud to employees who work remotely or on their own devices. They focus on identity and access management systems to secure their corporate data. This will drive the growth of the global IDaaS market.

Key Identity as a Service Market Trend

The rising adoption of cloud computing is an identity as a service market trend that is expected to have a positive impact in the coming years. The growing penetration of multi-cloud computing systems in the modern industrial ecosystem, especially among IT and telecommunications companies, demonstrates the need for efficient identity management services to secure their public cloud infrastructure. The demand for IDaaS for public clouds is relatively higher than for private or hybrid cloud infrastructures, due to their vulnerability to cyberattacks. However, the adoption of IDaaS in private and hybrid cloud networks is expected to increase significantly, guiding the future strategies of IDaaS market players.

Key Identity as a Service Market Challenge

The system integration and interoperability issues will be a major challenge for the identity as a service market during the forecast period. The adoption of advanced technology in many industry verticals, such as banking, financial services and insurance (BFSI), telecom, and the public sector, is rapidly increasing. This gives rise to several system integrations and interoperability issues. Vendors should provide unified IDaaS solutions that can be seamlessly integrated into the IT infrastructure of organizations. Technical glitches during business operations can incur costs and reduce the efficiency of processes. Organizations that use different versions of operating systems on their mobile devices may face software implementation issues.

This identity as a service market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global identity as a service (IDaaS) market as a part of the global data processing and outsourced services market within the global IT services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the identity as a service market during the forecast period.

Who are the Major Identity as a Service Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

This statistical study of the identity as a service market encompasses successful business strategies deployed by the key vendors. The identity as a service market is fragmented and the vendors are deploying growth strategies such as acquisitions, partnerships, and investments in research and development to compete in the market.

Product Insights and News

Centrify Corp. - Centrify Corp. is a privately held company headquartered in the US. It is a global company, with limited information regarding its financials and limited information regarding its employee strength available. Its revenue from the global identity as a service market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company.
Centrify Corp. - The company offers identity as a service namely Privileged Identity and Access Management.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The identity as a service market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Identity as a Service Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the identity as a service market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Identity as a Service Market?

For more insights on the market share of various regions Request PDF Sample now!

36% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for identity as a service in North America. Market growth in this region will be slower than the growth of the market in other regions.

The growing number of cyberattacks aimed at accessing consumer confidential data, the growing adoption of cloud applications and the changing needs of the workforce action to meet regulatory standards are driving organizations in North America to adopt IDaaS solutions. This will facilitate the identity as a service market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Identity as a Service Market?

To gain further insights on the market contribution of various segments Request PDF Sample

The identity as a service market share growth by the telecom and IT segment will be significant during the forecast period. The requirement for identity management platforms has grown significantly around the world over the past decade, driving the demand for IDaaS. Businesses are now extremely vulnerable to dangers, such as identity theft and fraud, due to the growing use of IoT-based solutions across a variety of industries.

This report provides an accurate prediction of the contribution of all the segments to the growth of the identity as a service market size and actionable market insights on post COVID-19 impact on each segment.

Identity as a Service Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 18.98%
Market growth 2022-2026	$ 6.80 billion
Market structure	Fragmented
YoY growth (%)	18.0
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 36%
Key consumer countries	US, Canada, China, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Atos SE, Broadcom Inc., Capgemini Service SAS, Centrify Corp., CyberArk Software Ltd., HCL Technologies Ltd., Ilantus Inc., International Business Machines Corp., Jumio Corp., JumpCloud Inc., Microsoft Corp., Okta Inc., Oracle Corp., Ping Identity Holding Corp., Quest Software Inc., SailPoint Technologies Holdings Inc., Salesforce.com Inc., Simeio Solutions LLC, Thales Group, and Alphabet Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Identity as a Service Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive identity as a service market growth during the next five years
Precise estimation of the identity as a service market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the identity as a service industry across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of identity as a service market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user

5.3 Telecom and IT - Market size and forecast 2021-2026
- Exhibit 28: Chart on Telecom and IT - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Telecom and IT - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Telecom and IT - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Telecom and IT - Year-over-year growth 2021-2026 (%)

5.4 BFSI - Market size and forecast 2021-2026
- Exhibit 32: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on BFSI - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

5.5 Education - Market size and forecast 2021-2026
- Exhibit 36: Chart on Education - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Education - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Education - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Education - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by End-user
- Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 Canada - Market size and forecast 2021-2026
- Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.12 UK - Market size and forecast 2021-2026
- Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption

9.4 Industry risks
- Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 95: Vendors covered

10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification

10.3 Atos SE
- Exhibit 97: Atos SE - Overview
- Exhibit 98: Atos SE - Business segments
- Exhibit 99: Atos SE - Key news
- Exhibit 100: Atos SE - Key offerings
- Exhibit 101: Atos SE - Segment focus

10.4 Broadcom Inc.
- Exhibit 102: Broadcom Inc. - Overview
- Exhibit 103: Broadcom Inc. - Business segments
- Exhibit 104: Broadcom Inc. - Key news
- Exhibit 105: Broadcom Inc. - Key offerings
- Exhibit 106: Broadcom Inc. - Segment focus

10.5 Centrify Corp.
- Exhibit 107: Centrify Corp. - Overview
- Exhibit 108: Centrify Corp. - Product / Service
- Exhibit 109: Centrify Corp. - Key offerings

10.6 CyberArk Software Ltd.
- Exhibit 110: CyberArk Software Ltd. - Overview
- Exhibit 111: CyberArk Software Ltd. - Product / Service
- Exhibit 112: CyberArk Software Ltd. - Key offerings

10.7 Microsoft Corp.
- Exhibit 113: Microsoft Corp. - Overview
- Exhibit 114: Microsoft Corp. - Business segments
- Exhibit 115: Microsoft Corp. - Key news
- Exhibit 116: Microsoft Corp. - Key offerings
- Exhibit 117: Microsoft Corp. - Segment focus

10.8 Okta Inc.
- Exhibit 118: Okta Inc. - Overview
- Exhibit 119: Okta Inc. - Product / Service
- Exhibit 120: Okta Inc. - Key offerings

10.9 Oracle Corp.
- Exhibit 121: Oracle Corp. - Overview
- Exhibit 122: Oracle Corp. - Business segments
- Exhibit 123: Oracle Corp. - Key news
- Exhibit 124: Oracle Corp. - Key offerings
- Exhibit 125: Oracle Corp. - Segment focus

10.10 Ping Identity Holding Corp.
- Exhibit 126: Ping Identity Holding Corp. - Overview
- Exhibit 127: Ping Identity Holding Corp. - Product / Service
- Exhibit 128: Ping Identity Holding Corp. - Key offerings

10.11 Quest Software Inc.
- Exhibit 129: Quest Software Inc. - Overview
- Exhibit 130: Quest Software Inc. - Product / Service
- Exhibit 131: Quest Software Inc. - Key offerings

10.12 SailPoint Technologies Holdings Inc.
- Exhibit 132: SailPoint Technologies Holdings Inc. - Overview
- Exhibit 133: SailPoint Technologies Holdings Inc. - Product / Service
- Exhibit 134: SailPoint Technologies Holdings Inc. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 135: Inclusions checklist
- Exhibit 136: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 137: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 138: Research methodology
- Exhibit 139: Validation techniques employed for market sizing
- Exhibit 140: Information sources

11.5 List of abbreviations
- Exhibit 141: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

identity as a service market market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis