GITNUX MARKETDATA REPORT 2024
Identity Management Industry Statistics
The global identity management industry is projected to reach a market size of $15.8 billion by 2025 with a compound annual growth rate of 13.1%.
In this post, we will explore a comprehensive overview of the Identity & Access Management industry, backed by a range of compelling statistics. From projected market valuations to emerging trends and sector-specific insights, these statistics shed light on the dynamic landscape of IAM technologies and their impact across various regions and sectors. Let’s dive into the numbers that are shaping the future of identity management.
Statistic 1
"The global Identity & Access Management market is projected to reach USD 24.12 billion by 2025 (CAGR of 13.1% from 2019 to 2025)."
Statistic 2
"The largest market share in Identity & Access Management Industry in 2019 was North America with 34.8%."
Statistic 3
"The IAM market is driven mostly by the Banking, Financial Services & Insurance sector."
Statistic 4
"The forecasted growth rate for password management solutions is at 13.05%."
Statistic 5
"The European IAM Market is expected to grow at a CAGR of 12.2% between 2017 and 2023."
Statistic 6
"In 2019, the IAM systems software segment led the market and is projected to maintain its dominance over the forecast period."
Statistic 7
"63% of businesses who have fully deployed IAM solutions saw a reduction in identity-related security breaches."
Statistic 8
"Small and medium businesses are expected to represent the highest growth in Identity Management market during coming years."
Statistic 9
"The cloud-based deployment segment is projected to grow at the highest CAGR in the IAM market, 2020–2025."
Statistic 10
"Advanced Authentication held around 30% of the IAM market share in 2019."
Statistic 11
"APAC's IAM market is anticipated to grow at 15% CAGR through 2026."
Statistic 12
"The healthcare sector is predicted to witness over 15% growth rate till 2026 in IAM market."
Statistic 13
"Around 40% of organizations feel unprepared to handle identity breaches."
Statistic 14
"Privileged Access Management segment in IAM market is expected to grow at a CAGR of over 15% from 2020 to 2026."
Statistic 15
"The IAM software product market alone is expected to reach a valuation of $12.78 billion by 2024."
Statistic 16
"The demand for unstructured data is expected to grow at a rate of 62% through 2024, driving IAM's market growth."
Statistic 17
"North America is projected to hold over 45% of the IAM market share by 2024."
Statistic 18
"The Middle East & Africa region is projected to grow at over 15% in the IAM market during 2018-2024."
Jannik Lindner
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