Identity and Access Management Market Report 2025 (Global Edition)

Global Identity and Access Management Market Report 2025 Market Size Split by Offerings Outlook: (Solution, Services), by Solution Outlook: (Data Directory, Identity Lifecycle Management, Authenticati...

Identity and Access Management Market Report Description

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Competitive Landscape of the Identity and Access Management (IAM) Market

The Identity and Access Management (IAM) market is highly competitive, with key players such as Microsoft, Okta, IBM, and Oracle leading the space. These companies offer a wide range of IAM solutions, including multi-factor authentication (MFA), Single Sign-On (SSO), and identity governance. Players are focusing on innovation, integrating artificial intelligence (AI) and machine learning (ML) to enhance security and improve user experience. Partnerships, acquisitions, and the shift toward cloud-based IAM solutions are also shaping the competitive landscape.

In November 2022, Positive Thinking Company, a global independent technology firm, has teamed up with Okta to assist businesses in ensuring secure access to their systems. Okta is recognized for its robust product capabilities, addressing a wide range of IAM use cases, user-friendly interfaces, seamless integration with numerous applications, and excellent documentation. By combining these strengths with Positive Thinking Company’s expertise in integration, the partnership aims to build lasting relationships with customers, offering a comprehensive solution for all their identity management needs

 (Source:https://positivethinking.tech/news/positive-thinking-company-partners-with-magic-quadrant-identity-access-management-leader-okta-to-provide-end-to-end-identity-solutions/)

In January 2023, SailPoint Technologies Inc., a leader in business identity security, has acquired SecZetta, a provider of third-party identity risk solutions. This acquisition will enable SailPoint to enhance its offerings, providing companies with improved visibility into all identity types, including both employee and non-employee identities, such as third-party contractors and temporary workers. By integrating SecZetta’s capabilities into its platform, SailPoint aims to deliver a centralized solution that ensures proper identity verification and comprehensive validation of non-employee identities across organizations.

(Source:https://www.sailpoint.com/press-releases/sailpoint-acquires-seczetta)

In May 2022, WSO2, a leading provider of cloud-native and open-source solutions for API management, integration, and customer identity and access management (CIAM), has announced the completion of its Series E funding round. The round included investment from RedStart Labs (India), a subsidiary of Info Edge. This funding brings the total capital raised by WSO2 to USD 93 million, supporting the company's continued growth and innovation in the API and CIAM markets.

(Source:https://wso2.com/about/news/wso2-completes-93-million-growth-funding/)

Top Companies Market Share in Identity and Access Management Industry: (In no particular order of Rank)

• Microsoft Corporation
• IBM Corporation
• OktaInc
• Oracle Corporation
• Ping Identity
• CyberArk Software Inc
• RSA Security LLC
• SailPoint Technologies Holdings Inc
• Thales Group
• ForgeRock Inc
• OneLogin Inc
• Broadcom Inc
• Auth0 (Acquired by Okta)
• SecureAuth Corporation
• JumpCloud Inc
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Identity and Access Management (IAM) Market

Which Region Dominates the Identity and Access Management (IAM) Market in 2024?

According to Cognitive Market Research, North America currently dominates the Identity and Access Management (IAM) market, and the region is expected to have significant growth during the projected period. This is due to strong presence of large enterprises, high cybersecurity awareness, and stringent regulatory requirements. The adoption of advanced technologies, such as cloud computing and artificial intelligence, is also higher in North America, driving demand for robust IAM solutions. Additionally, the increasing number of cyber threats and data breaches has prompted businesses in the region to prioritize security, further boosting IAM adoption.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia Pacific region is growing at the fastest CAGR in the Identity and Access Management (IAM) market due to rapid digital transformation, increasing adoption of cloud technologies, and a surge in cybersecurity threats. Emerging economies in the region are investing heavily in IT infrastructure, driving demand for IAM solutions. Additionally, growing regulatory pressures on data privacy and security are prompting businesses to implement IAM systems. The expanding tech industry and rising awareness of cybersecurity are fueling IAM market growth in the region.

The current report Scope analyzes Identity and Access Management Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Identity and Access Management

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size was estimated at USD 16512.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 6605.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Identity and Access Management (IAM) market with a market size of USD 5211.35 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period. The U.S. market's increasing need for robust cybersecurity solutions in response to rising cyber threats and data breaches is driving the Identity and Access Management (IAM) market.
• The Canada Identity and Access Management (IAM) market had a market share of USD 792.60 million in 2024 and is projected to grow at a CAGR of 12.2% during the forecast period. Canada’s industries such as healthcare, finance, and government, which require stringent identity management protocols is driving the Identity and Access Management (IAM) market.
• The Mexico Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 601.06 million in 2024.

Europe Identity and Access Management

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size was estimated at USD 16512.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 4953.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• The United Kingdom Identity and Access Management (IAM) market had a market share of USD 832.23 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. In the UK, Identity and Access Management (IAM) sales witness an upswing due to increasing regulatory compliance requirements, such as the General Data Protection Regulation (GDPR), which mandates strict data protection and access control.
• The France Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 455.75 million in 2024.
• According to Cognitive Market Research, the German Identity and Access Management (IAM) market size was valued at USD 980.84 million in 2024 and is projected to grow at a CAGR of 11.9% during the forecast period. In Germany, Identity and Access Management (IAM) surged due to the increased focus of the manufacturers and major market players.
• The Italy Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 426.02 million in 2024.
• The Russia Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 767.83 million in 2024.
• The Spain Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 10.8% during the forecast period with a market size of USD 406.21 million in 2024
• The Luxembourg Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 153.57 million in 2024.
• The Portugal Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 104.03 million in 2024.
• The Greece Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 59.45 million in 2024.
• The Rest of Europe's Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 767.83 million in 2024.

Asia Pacific Identity and Access Management

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size was estimated at USD 16512.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 3797.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Identity and Access Management (IAM) market size was valued at USD 1709.04 million in 2024 and is projected to grow at a CAGR of 14.7% during the forecast period. Identity and Access Management (IAM) surged in China due to increasing digital transformation across industries and rising cyber threats.
• The Japan Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 524.11 million in 2024.
• The India Identity and Access Management (IAM) market had a market share of USD 455.75 million in 2024 and is projected to grow at a CAGR of 17.0% during the forecast period. India's need for secure online transactions in sectors such as finance, healthcare, and government is driving Identity and Access Management (IAM) market.
• The South Korean Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD 379.79 million in 2024.
• The Australian Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 197.49 million in 2024.
• The South East Asia Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 16.2% during the forecast period, with a market size of USD 262.05 million in 2024.
• The Rest of Asia Pacific Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 269.05 million in 2024.

South America Identity and Access Management

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size was estimated at USD 16512.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 825.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Identity and Access Management (IAM) market size was valued at USD 353.37 million in 2024 and is projected to grow at a CAGR of 13.2% during the forecast period. Identity and Access Management (IAM) flourished in Brazil due to increasing digitalization, the rise of cyber threats, and the adoption of cloud technologies.
• Argentina's Identity and Access Management (IAM) market had a market share of USD 138.71 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. Argentina's growing need for secure remote access solutions is driving the Identity and Access Management (IAM) market.
• Colombia Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 73.48 million in 2024.
• Peru Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 67.70 million in 2024.
• Chile Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 59.45 million in 2024.
• The Rest of Latin America's Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 132.93 million in 2024.

Middle East and Africa Identity and Access Management

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size was estimated at USD 16512.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 330.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031..

• The GCC Countries Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 141.35 million in 2024. Identity and Access Management (IAM) sales flourish due to the presence of major market players.
• The Egypt Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 34.68 million in 2024.
• The South Africa Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 52.18 million in 2024. Identity and Access Management (IAM) sales flourished in South Africa due to increasing cybersecurity concerns, digital transformation initiatives, and regulatory requirements for data protection.
• The Turkey Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 28.40 million in 2024.
• The Nigeria Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 34.68 million in 2024.
• The Rest of the MEA Identity and Access Management (IAM) market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 38.97 million in 2024.

Identity and Access Management Market Analysis

Segment Analysis of Identity and Access Management Market

The Identity and Access Management market is typically segmented by , which play a significant role in determining the structure and growth potential of the industry. Understanding the market by allows businesses to focus on specific product categories that are likely to perform the best in the coming years. By understanding the performance and demand trends of each type, companies can target the most lucrative segments, innovate within specific categories, and develop products or services that align with the needs of their target customers. Analyzing the growth patterns by type helps to pinpoint which segments are most likely to grow at an accelerated pace and which ones might experience slower or stagnant growth.

of Identity and Access Management analyzed in this report are as follows:

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Identity and Access Management Industry. Request a Free Sample PDF!

Identity and Access Management (IAM) Market Offerings Segment Analysis

According to Cognitive Market Research, the Solution segment holds the largest share of the market. Solution offerings captured the largest market share in the Identity and Access Management (IAM) market because they provide comprehensive, end-to-end solutions that address a wide range of security needs. These solutions typically include authentication, user provisioning, access control, and governance, ensuring robust protection against cyber threats. With the increasing complexity of managing access across diverse IT environments, organizations prefer integrated IAM solutions that streamline deployment, management, and compliance, making them a dominant choice in the market.

Services offerings are growing at the highest CAGR in the Identity and Access Management (IAM) market due to the increasing demand for customized IAM solutions and expert support in implementation, maintenance, and management. Many organizations prefer managed services to ensure seamless integration, compliance with regulations, and ongoing security updates. As businesses face evolving cybersecurity threats and regulatory challenges, they are opting for services such as consulting, system integration, and support, driving growth in the services segment of the IAM market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Identity and Access Management Solution Outlook: Segment Analysis

Identity and Access Management (IAM) Market Solution Segment Analysis

According to Cognitive Market Research, The Data Directory segment holds the largest market share. Data Directory Solutions captured the largest market share in the Identity and Access Management (IAM) market because they provide a centralized system for storing and managing user identities and access privileges. By ensuring accurate, real-time access control, data directory solutions enable organizations to enforce security policies effectively and streamline authentication processes. As enterprises increasingly adopt digital services and cloud-based environments, the demand for scalable, reliable, and secure directory solutions has grown, driving their dominance in the IAM market.

Identity Lifecycle Management solutions are growing at the highest CAGR in the IAM market due to the increasing need for organizations to efficiently manage the entire employee and user lifecycle. This includes the creation, maintenance, and deactivation of user accounts across various systems and applications. As businesses face growing security challenges and regulatory compliance demands, automated identity lifecycle management helps streamline processes, improve security, and reduce human error, making it a high-priority solution for many organizations.

• Data Directory
• Identity Lifecycle Management
• Authentication
• Verification
• Access Management and Authorization
• Audit
• Compliance
• and Governance

Identity and Access Management Service Outlook: Segment Analysis

Identity and Access Management (IAM) Market Service Segment Analysis

According to Cognitive Market Research, The Integration and Deployment segment holds the largest market share. Integration and Deployment Services captured the largest market share in the Identity and Access Management (IAM) market because organizations require expert support to seamlessly implement and integrate IAM solutions into their existing IT infrastructure. These services ensure smooth deployment, compatibility across systems, and proper configuration, minimizing disruption to operations. As businesses adopt complex IAM solutions, the need for specialized integration services to ensure efficiency, scalability, and security is growing, making them a key segment driving IAM market growth.

Support and Maintenance services are growing at the highest CAGR in the Identity and Access Management (IAM) market due to the increasing need for continuous monitoring, updates, and troubleshooting of IAM systems. As organizations implement complex IAM solutions, ensuring ongoing functionality, compliance, and security becomes critical. These services help businesses address evolving cybersecurity threats, maintain system performance, and adapt to regulatory changes, driving the demand for regular support and maintenance, which is fueling growth in this segment.

• Integration and Deployment
• Support and Maintenance
• Consulting

Identity and Access Management Deployment Mode Outlook: Segment Analysis

Identity and Access Management (IAM) Market Deployment Mode Segment Analysis

According to Cognitive Market Research, The Cloud segment holds the largest market share. Cloud deployment mode captured the largest market share in the Identity and Access Management (IAM) market due to its scalability, flexibility, and cost-efficiency. Cloud-based IAM solutions allow organizations to quickly adapt to growing user bases and dynamic IT environments without the need for extensive on-premises infrastructure. Additionally, cloud deployment simplifies updates, reduces maintenance costs, and enables remote access management, making it ideal for businesses embracing digital transformation. The increasing adoption of cloud services is driving the widespread use of cloud-based IAM solutions.

On-premises deployment mode is growing at the highest CAGR in the Identity and Access Management (IAM) market due to organizations' desire for greater control over their security infrastructure and sensitive data. Many businesses in regulated industries prefer on-premises solutions to maintain compliance and ensure data privacy. Additionally, on-premises IAM systems provide a higher level of customization, integration, and security tailored to specific organizational needs. As cybersecurity concerns increase, organizations are opting for on-premises IAM solutions to mitigate risks.

• Cloud
• On-premises

Identity and Access Management Vertical Outlook: Segment Analysis

Identity and Access Management (IAM) Market Vertical Segment Analysis

According to Cognitive Market Research, The BFSI segment holds the largest market share. The BFSI (Banking, Financial Services, and Insurance) vertical captured the largest market share in the Identity and Access Management (IAM) market due to its critical need for robust security and regulatory compliance. Financial institutions handle sensitive customer data and financial transactions, making them prime targets for cyberattacks. IAM solutions help secure access to digital platforms, manage user identities, and ensure compliance with regulations like GDPR and PCI-DSS. The increasing digitalization of BFSI services further drives the adoption of IAM solutions in this sector.

The Travel, Tourism, and Hospitality vertical is growing at the highest CAGR in the Identity and Access Management (IAM) market due to the increasing need to secure customer data and streamline access across multiple platforms. With the rise of digital bookings, loyalty programs, and personalized services, organizations in this sector require robust IAM solutions to manage identities, ensure secure access, and protect sensitive customer information. Additionally, IAM helps improve user experience and meets regulatory compliance requirements, driving growth in this sector.

• BFSI
• Travel
• Tourism and Hospitality
• Healthcare
• Retail and e-commerce
• Education
• ITand ITeS
• Government and Defense
• Other Verticals

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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