Increasing Cybersecurity Threats and Data Breaches are projected to fuel the growth of the global Identity and Access Management (IAM) market at a CAGR of 17.55% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published on the “Global Identity and Access Management (IAM) Market”.

The Identity and Access Management (IAM) market is estimated to register a CAGR of 17.55% during the forecast period of 2024 to 2032. MRFR recognizes the following companies as the key players in the global Identity and Access Management (IAM) market— Microsoft, Amazon Web Services (AWS), Okta Inc., IBM, Oracle Corporation, Ping Identity, and Others.

Identity and Access Management (IAM) Market Highlights:

The global Identity and Access Management (IAM) market is accounted for to register a CAGR of 17.55% during the forecast period and is estimated to reach USD 71,650.5 million by 2032.

Identity and Access Management (IAM) has emerged as a crucial facet of the global cybersecurity landscape, playing a pivotal role in safeguarding digital assets and ensuring authorized user access. IAM encompasses a comprehensive set of policies, technologies, and processes that facilitate the management and authentication of user identities within an organization's network. In essence, IAM serves as a robust framework to control and regulate user access to sensitive data, applications, and systems, mitigating the risk of unauthorized breaches and data compromise.

The IAM market, which gained prominence in the early 2000s, has witnessed unprecedented growth driven by the escalating need for stringent data protection measures. As businesses increasingly transitioned to digital platforms, the demand for IAM solutions surged, reflecting the industry's dynamic evolution. IAM solutions encompass identity provisioning, authentication, authorization, and identity governance, offering a holistic approach to managing user identities across diverse IT environments. This market evolution mirrors the ongoing digital transformation across industries, emphasizing the critical role of IAM in fostering a secure and compliant operational environment.

Segment Analysis

The global Identity and Access Management (IAM) market has been segmented based on Component, Deployment, Organization Size, and Vertical.

Based on Component, the global Identity and Access Management (IAM) market segmentation includes Solutions and Services. The Solutions will be the majority share in 2022, contributing around 71% to the market revenue.

Based on the Deployment, the global Identity and Access Management (IAM) market segmentation is Cloud and On-premises. On-premises dominated the market in 2022. 

Based on the Organization Size, the global Identity and Access Management (IAM) market segmentation is Small & Medium Enterprises (SMEs) and Large Enterprises. Large Enterprises dominated the market in 2022.

Based on the Vertical, the global Identity and Access Management (IAM) market segmentation is BFSI, Hospitality, Healthcare and Life Science, Retail and CPG, Public Sector, Manufacturing, Education, IT & Telecommunication, Transportation and Logistics, and Others. BFSI dominated the market in 2022.

Regional Analysis

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. The North America Identity and Access Management (IAM) market accounted for ~35% in 2022. This highlights North America's substantial influence and adoption of IAM solutions, reflecting the region's emphasis on advanced cybersecurity measures and the widespread integration of identity and access management technologies within its businesses.

Key Findings of the Study

• The global Identity and Access Management (IAM) market is expected to reach USD 71,650.5 million by 2032, at a CAGR of 17.5% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market.


• Microsoft, Amazon Web Services (AWS), Okta Inc., IBM, Oracle Corporation, Ping Identity, and Others are the key market players.