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China's cloud identity and access management (IAM) market forecast 2017-2022 detailed in new research report

IT Market Research

Cloud is changing the way a business operates, driven by economies of scale and cost- effectiveness.

Cloud Identity and Access Manageme…IAM) Market report studies Cloud Identity and Access Management (IAM) in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering
CA Technologies
IBM Corporation
EMC Corporation
Intel Corporation
Microsoft Corporation
Dell Inc
Sailpoint Technologies Inc
Onelogin Inc
Ping Identity Corporation
Centrify Corporation

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Cloud-based identity and access management markets expected to witness robust demand by 2017-2022, growing at a CAGR of over 18% from 2017-2022. 

Cloud is expected to redefine the traditional IT security landscape and gain maximum share of on-premise solutions by blending cloud technology in the IAM landscape. Rising demand for cloud-SSO is also a key factor supporting expansive adoption among enterprises.

Public sector and utilities sector accounted for over 25% of the revenue in 2017-2022and is anticipated to exhibit significant growth over the next seven years. Notable trends such as economic growth, industrial transformation, and demographic changes need to be mastered by matching infrastructure and effective administration, thus driving demand.

North America identity and access management market dominated demand in 2017-2022, and is expected to account for over 34% of the overall share by 2017-2022.Many federal agencies across the U.S. require employees to use a hardware-based personal identification verification card or an alternative form of strong authentication while accessing government IT infrastructure and networks.

Various federal government agencies such as department of the interior, transportation and veteran affairs are implementing strong authentication measures which are estimated to drive demand across this region.

Identity and access management market share is occupied by companies such as IBM, NetIQ Corporation, Oracle, CA Technologies and HID Global Corporation. Companies operating across cloud platforms are offering complete on-demand development tools and environment such as cloud database and cloud infrastructure layer which is enabling enterprise IT groups to test, develop and deliver customer on-demand business applications without investing in traditional system infrastructure or software.

The global information and communications technology ICT industry is majorly fuelled by the increasing number of users of advanced technology and products in developed economies. The ICT industry is also driven by inclusion of innovative technologies with the objective to improve communications and connections between individuals and corporate environments.

However, the global ICT market faces challenges as a large percentage of the global population predominantly in developing economies do not have access to communication technologies.

The objective of the report is to compile valuable market information and present to readers the opportunities and threats of the market. The report breaks down segments in the China cloud identity and access management iam market research report 2017-2022 market in an accurate manner to present insightful insights about the factors fostering and holding back growth.

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