Identity Governance and Administration Market - Industry Trends and Forecast to 2028

Global Identity Governance and Administration Market, By Component (Solution and Services), Deployment Mode (Cloud, On-premises), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (BFSI, Government and Defense, Telecom and It, Healthcare and Life Sciences, Energy and Utilities, Retail and Consumer Goods, Manufacturing, Others), Country (U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

The identity governance and administration market is expected to witness market growth at a rate of 15.7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on identity governance and administration market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.

 

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**Segments**

- **Component**: The identity governance and administration market can be segmented based on components into solution and services. The solution segment includes identity life cycle management, entitlements management, access certification, access request, and password management. On the other hand, the services segment comprises professional services and managed services, providing consulting, training, and support services to organizations implementing identity governance and administration solutions.

- **Deployment Mode**: Organizations can choose between on-premises and cloud deployment modes for their identity governance and administration solutions. While on-premises deployment offers greater control and customization options, cloud-based deployment provides scalability, flexibility, and cost-effectiveness for enterprises looking to streamline their identity management processes.

- **Organization Size**: The market can also be segmented based on the size of organizations adopting identity governance and administration solutions. Small and medium-sized enterprises (SMEs) and large enterprises have varying needs and requirements when it comes to managing identities and access within their IT environments. SMEs may opt for simpler and more affordable solutions, while large enterprises require robust and scalable identity governance platforms to meet their complex security and compliance needs.

**Market Players**

- **IBM Corporation**: As a key player in the identity governance and administration market, IBM offers a comprehensive suite of solutions under its IBM Security Identity Governance and Intelligence portfolio. These solutions help organizations manage user access, roles, and entitlements effectively while ensuring regulatory compliance and minimizing security risks.

- **SailPoint Technologies**: SailPoint is another prominent player in the market, known for its innovative identity governance and administration platform, SailPoint IdentityNow. The platform enables organizations to automate identity processes, detect and mitigate access risks, and secure their critical data assets through continuous monitoring and compliance reporting.

- **Oracle Corporation**: Oracle's Identity Governance solution caters to the needs of enterprises looking to streamline identity administration, access certifications, and compliance management. With features such as role-based access control and self-service capabilities, Oracle helps organizations enhance security controls and operational efficiency within their IT environments.

- **Micro Focus International**: Micro Focus offers Identity Governance and Administration solutions that empower organizations to govern identities, manage access privileges, and streamline compliance processes. With advanced analytics and reporting functionalities, Micro Focus enables enterprises to proactively address security threats and ensure regulatory adherence.

The global identity governance and administration market is witnessing significant growth due to the rising concerns around data security, regulatory compliance, and access management. Organizations across various industries are increasingly investing in advanced identity governance solutions to enhance their security posture, streamline access management processes, and mitigate risks associated with unauthorized access. The adoption of cloud-based identity governance platforms, the integration of artificial intelligence and machine learning capabilities, and the emphasis on user-friendly interfaces are some of the trends shaping the market landscape. With key players continuously innovating and expanding their product offerings, the identity governance and administration market is expected to experience continued growth and evolution in the coming years. [Link to report: https://www.databridgemarketresearch.com/reports/global-identity-governance-and-administration-market]The global identity governance and administration market is undergoing a transformative phase driven by the increasing complexities of security threats, regulatory requirements, and the need for streamlined access management processes. One key trend shaping the market is the integration of cloud-based solutions, offering organizations scalability, flexibility, and cost-efficiency in managing identities and access controls. Cloud deployment modes are gaining traction among enterprises looking to modernize their IT environments and enhance their security postures. This shift towards cloud-based identity governance platforms is also influenced by the growing adoption of mobile and remote work trends, necessitating secure and accessible identity management solutions from anywhere, at any time.

Another significant trend in the market is the incorporation of artificial intelligence (AI) and machine learning (ML) capabilities into identity governance and administration solutions. AI-driven analytics and automation functionalities are enabling organizations to proactively detect and respond to access risks, unauthorized activities, and compliance issues in real-time. By leveraging AI and ML technologies, companies can enhance their threat intelligence, incident response, and identity governance processes, thereby strengthening their overall security defenses against evolving cyber threats.

Moreover, there is a notable emphasis on user-friendly interfaces and seamless user experiences in identity governance solutions. As organizations strive to improve employee productivity, reduce operational complexities, and ensure compliance with regulatory requirements, user-centric design principles are becoming pivotal in the development of identity governance platforms. Intuitive dashboards, self-service portals, and personalized workflows are geared towards enhancing user adoption, simplifying access requests, and facilitating collaboration between IT teams and business users within organizations.

Furthermore, the market is witnessing a shift towards integrated identity governance and administration platforms that offer comprehensive functionalities for managing identities, access controls, and compliance requirements. Organizations are increasingly seeking all-in-one solutions that streamline identity lifecycle management, access certifications, entitlements management, and password management under a unified platform. This convergence of capabilities not only simplifies identity governance processes but also improves visibility, auditability, and governance across the organization's IT infrastructure.

Overall, the global identity governance and administration market are poised for continued growth and evolution, driven by the convergence of cloud technologies, AI-driven innovations, user-centric design principles, and integrated security functionalities. As organizations prioritize data security, regulatory compliance, and risk mitigation strategies, the demand for advanced identity governance solutions is expected to surge across various industries. With leading market players continually innovating and expanding their product offerings, the landscape of identity governance and administration is set to become more dynamic, sophisticated, and indispensable in the digital era.**Segments**

Global Identity Governance and Administration Market, By Component (Solution and Services), Deployment Mode (Cloud, On-premises), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (BFSI, Government and Defense, Telecom and It, Healthcare and Life Sciences, Energy and Utilities, Retail and Consumer Goods, Manufacturing, Others), Country (U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

- The identity governance and administration market can be segmented based on components into solution and services. The solution segment includes identity lifecycle management, entitlements management, access certification, access request, and password management. The services segment comprises professional services and managed services, providing consulting, training, and support services to organizations implementing identity governance and administration solutions.

- Organizations can choose between on-premises and cloud deployment modes for their identity governance and administration solutions. While on-premises deployment offers greater control and customization options, cloud-based deployment provides scalability, flexibility, and cost-effectiveness for enterprises looking to streamline their identity management processes.

- The market can also be segmented based on the size of organizations adopting identity governance and administration solutions. Small and medium-sized enterprises (SMEs) and large enterprises have varying needs and requirements when it comes to managing identities and access within their IT environments. SMEs may opt for simpler and more affordable solutions, while large enterprises require robust and scalable identity governance platforms to meet their complex security and compliance needs.

**Market Players**

The global identity governance and administration market is witnessing significant growth due to the rising concerns around data security, regulatory compliance, and access management. Organizations across various industries are increasingly investing in advanced identity governance solutions to enhance their security posture, streamline access management processes, and mitigate risks associated with unauthorized access. The adoption of cloud-based identity governance platforms, the integration of artificial intelligence and machine learning capabilities, and the emphasis on user-friendly interfaces are some of the trends shaping the market landscape. With key players continuously innovating and expanding their product offerings, the identity governance and administration market is expected to experience continued growth and evolution in the coming years.

The global identity governance and administration market is undergoing a transformative phase driven by the increasing complexities of security threats, regulatory requirements, and the need for streamlined access management processes. One key trend shaping the market is the integration of cloud-based solutions, offering organizations scalability, flexibility, and cost-efficiency in managing identities and access controls. Cloud deployment modes are gaining traction among enterprises looking to modernize their IT environments and enhance their security postures. This shift towards cloud-based identity governance platforms is also influenced by the growing adoption of mobile and remote work trends, necessitating secure and accessible identity management solutions from anywhere, at any time.

 

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Identity Governance and Administration Market Landscape

Part 04: Global Identity Governance and Administration Market Sizing

Part 05: Global Identity Governance and Administration Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Identity Governance and Administration Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Identity Governance and Administration Market trends, forecasts, and market size to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

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