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%.

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)."

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Statistic 2

"The largest market share in Identity & Access Management Industry in 2019 was North America with 34.8%."

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Statistic 3

"The IAM market is driven mostly by the Banking, Financial Services & Insurance sector."

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Statistic 4

"The forecasted growth rate for password management solutions is at 13.05%."

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Statistic 5

"The European IAM Market is expected to grow at a CAGR of 12.2% between 2017 and 2023."

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Statistic 6

"In 2019, the IAM systems software segment led the market and is projected to maintain its dominance over the forecast period."

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Statistic 7

"63% of businesses who have fully deployed IAM solutions saw a reduction in identity-related security breaches."

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Statistic 8

"Small and medium businesses are expected to represent the highest growth in Identity Management market during coming years."

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Statistic 9

"The cloud-based deployment segment is projected to grow at the highest CAGR in the IAM market, 2020–2025."

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Statistic 10

"Advanced Authentication held around 30% of the IAM market share in 2019."

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Statistic 11

"APAC's IAM market is anticipated to grow at 15% CAGR through 2026."

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Statistic 12

"The healthcare sector is predicted to witness over 15% growth rate till 2026 in IAM market."

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Statistic 13

"Around 40% of organizations feel unprepared to handle identity breaches."

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Statistic 14

"Privileged Access Management segment in IAM market is expected to grow at a CAGR of over 15% from 2020 to 2026."

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Statistic 15

"The IAM software product market alone is expected to reach a valuation of $12.78 billion by 2024."

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Statistic 16

"The demand for unstructured data is expected to grow at a rate of 62% through 2024, driving IAM's market growth."

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Statistic 17

"North America is projected to hold over 45% of the IAM market share by 2024."

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Statistic 18

"The Middle East & Africa region is projected to grow at over 15% in the IAM market during 2018-2024."

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