Cloud IAM Market Report by Service (User Provisioning, Single Sign-On, Access Management, Multi-Factor Authentication, Password Management, Directory Services, Governance and Compliance Management), Deployment Mode (Public, Hybrid, Private), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (BFSI, IT and Telecommunication, Healthcare, Media and Entertainment, Retail, Education, and Others), and Region 2024-2032

Cloud IAM Market Report by Service (User Provisioning, Single Sign-On, Access Management, Multi-Factor Authentication, Password Management, Directory Services, Governance and Compliance Management), Deployment Mode (Public, Hybrid, Private), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (BFSI, IT and Telecommunication, Healthcare, Media and Entertainment, Retail, Education, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6075
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Market Overview:

The global cloud IAM market size reached US$ 5.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.3 Billion by 2032, exhibiting a growth rate (CAGR) of 18.1% during 2024-2032. 

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 5.9 Billion
Market Forecast in 2032
US$ 27.3 Billion
Market Growth Rate 2024-2032 18.1%


Cloud identity and access management (IAM) refers to a cloud-based service that controls the permission and access of users and cloud resources. It includes password and access management, single sign-on, user provisioning, directory services, audit governance, and compliance management. Cloud IAM is widely used by businesses and organizations to authenticate, authorize, and evaluate users according to set policies and roles. It improves security, protects data, reduces risk exposure, and prevents cyber-attacks. It is an easy-to-use framework that promotes user satisfaction, improves productivity, and minimizes capital expenditure. As a result, it finds extensive applications across retail, education, healthcare, telecommunication, media, and information technology (IT) industries.

Cloud IAM Market

Cloud IAM Market Trends:

The rising incidences of cyber-attacks and the increasing regulatory compliance burdens are the key factors driving the market. Cloud IAM is a cost-effective, scalable, and flexible platform that provides multifactor authentication, provisioning, and de-provisioning of user access and assists in preventing revenue loss and reducing data breaches. Furthermore, the increasing demand for cloud IAM across enterprises to protect systems from unauthorized access and misuse, authenticate users, and track user activities is providing a considerable boost to the market. Additionally, the adoption of blockchain technology in cloud IAM to develop decentralized and secured methods of verification and storage of identity credentials to prevent fraud and identity theft is providing an impetus to the market growth. Moreover, the integration of machine learning (ML) and artificial intelligence (AI) to quickly analyze threats and malicious code and improve security is creating a positive outlook for the market. Other factors, including the emerging trends of bring-your-own-device (BYOD), choose-your-own-device (CYOD), and other mobility services; the proliferation of the Internet of Things (IoT)-enabled devices; rising adoption by several governments due to strict cyber-security policies; and extensive research and development (R&D) activities, are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud IAM market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on service, deployment mode, enterprise size and industry vertical.

Breakup by Service:

Cloud IAM Market By Service

  • User Provisioning
  • Single Sign-On
  • Access Management
  • Multi-Factor Authentication
  • Password Management
  • Directory Services
  • Governance and Compliance Management
     

Breakup by Deployment Mode:

  • Public
  • Hybrid
  • Private
     

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises
     

Breakup by Industry Vertical:

  • BFSI
  • IT and Telecommunication
  • Healthcare
  • Media and Entertainment
  • Retail
  • Education
  • Others
     

Breakup by Region:

Cloud IAM Market By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Dell Technologies Inc., Google LLC, International Business Machines Corporation, Microsoft Corporation, Okta Inc., OneLogin Inc., Oracle Corporation, Ping Identity Corporation, Sailpoint Technologies Holdings Inc. and Ubisecure Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Service, Deployment Mode, Enterprise Size, Industry Vertical, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Dell Technologies Inc., Google LLC, International Business Machines Corporation, Microsoft Corporation, Okta Inc., OneLogin Inc., Oracle Corporation, Ping Identity Corporation, Sailpoint Technologies Holdings Inc. and Ubisecure Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global cloud IAM market was valued at US$ 5.9 Billion in 2023.

We expect the global cloud IAM market to exhibit a CAGR of 18.1% during 2024-2032.

The rising integration of Machine Learning (ML) and Artificial Intelligence (AI) with cloud IAM service for analyzing threats and malicious code and improving security, is primarily driving the global cloud IAM market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of cloud IAM services to improve security, protect data, reduce risk exposure, and prevent cyber-attacks, during the remote and Bring-Your-Own-Device (BYOD) models.

Based on the service, the global cloud IAM market can be segmented into user provisioning, single sign-on, access management, multi-factor authentication, password management, directory services, and governance and compliance management. Currently, user provisioning holds the majority of the total market share.

Based on the deployment mode, the global cloud IAM market has been divided into public, hybrid, and private. Among these, public currently exhibits a clear dominance in the market.

Based on the industry vertical, the global cloud IAM market can be categorized into BFSI, IT and telecommunication, healthcare, media and entertainment, retail, education, and others. Currently, BFSI accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global cloud IAM market include Dell Technologies Inc., Google LLC, International Business Machines Corporation, Microsoft Corporation, Okta Inc., OneLogin Inc., Oracle Corporation, Ping Identity Corporation, Sailpoint Technologies Holdings Inc., and Ubisecure Inc.

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Cloud IAM Market Report by Service (User Provisioning, Single Sign-On, Access Management, Multi-Factor Authentication, Password Management, Directory Services, Governance and Compliance Management), Deployment Mode (Public, Hybrid, Private), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (BFSI, IT and Telecommunication, Healthcare, Media and Entertainment, Retail, Education, and Others), and Region 2024-2032
Purchase Options Year End sale




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