How big is the IAM Security Services Market?

The IAM Security Services Market size is expected to reach USD 17.05 billion in 2024 and grow at a CAGR of 12.31% to reach USD 30.46 billion by 2029. Read More

What is the current IAM Security Services Market size?

In 2024, the IAM Security Services Market size is expected to reach USD 17.05 billion. Read More

Who are the key players in IAM Security Services Market?

IBM Corporation, Oracle Corporation, Microsoft Corporation, Amazon Web Services and Broadcom Inc. are the major companies operating in the IAM Security Services Market. Read More

Which is the fastest growing region in IAM Security Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IAM Security Services Market?

In 2024, the North America accounts for the largest market share in IAM Security Services Market. Read More

What years does this IAM Security Services Market cover, and what was the market size in 2023?

In 2023, the IAM Security Services Market size was estimated at USD 15.18 billion. The report covers the IAM Security Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the IAM Security Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IAM Security Services Market

IAM Security Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global IAM Security Services Market Size and it is segmented by Type of Solutions (Identity Cloud, Identity Governance, Access Management, Directory Services, and Other Types of Solutions), Type of Deployment (On-Premise, Hybrid, and Cloud-based), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), End-user Vertical (BFSI, IT & Telecom, Education, Healthcare, Retail, Energy, and Manufacturing), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in value (USD million) for all the above segments.

IAM Security Services Industry Overview

The IAM security services market is fragmented. The vast majority of the players in the market are considering steps to raise their market footprint by focusing on product diversification and development, making them grab a larger market share.

In January 2023, SailPoint Technologies Inc, a company in business identity security, acquired SecZetta, a third-party identity risk solutions provider. With SecZetta, SailPoint will be able to expand its capabilities to help companies gain better visibility into all types of identities, across both employee and non-employee identities - from third-party contractors to temporary workers - all from a single, market-leading identity security platform. This acquisition will give enterprises the centralized approach needed, plus the proper identity proofing required to validate non-employee identities across their businesses fully.

Moreover, in November 2022, Positive Thinking Company, a global independent technology company, partnered with Okta to help companies enable secure access to their target systems. Okta stands out with its product capabilities covering all IAM use cases, products' ease of use, flexibility in integrating with a broad number of apps, and the high quality of documentation available. Combining those strengths with Positive Thinking Company's integration experience, they will nurture long-term relationships with their joint customers, providing them with a one-stop shop for all their identity needs.