Consumer IAM Market helps an organization to manage and secure customer’s profile data, identity and control of access to services and applications. Customer IAM solution offers various benefits such as Seamless customer experiences, powerful security, Performance & scalability and Privacy. Increase in the Internet of Things and growth in the online business such as ecommerce will ultimately drive the market growth.

Global consumer IAM market is estimated to rise by 2026, registering a healthy CAGR of 17.7 in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in the demand for centralized monitoring, rise in the adoption of Internet of Things and increase in the growth of cyber threats

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Competitive Analysis: Global Consumer IAM Market

Few of the major competitors currently working in Global Consumer IAM Market are IBM Corporation, Microsoft, TransUnion LLC., Ping Identity., Onegini, Okta, Inc., Mitek Systems, Inc., LexisNexis,  Gigya, Inc., GB Group plc ('GBG'), Equifax, Inc., Experian Information Solutions, Inc., Aware, Inc., Centrify Corporation., TraXion Engineered Products, Zoho Corporation Pvt. Ltd ., Simeio Solutions, Ubisecure, Inc, Ergon Energy, Avatier among others.

 Key Pointers Covered in the Global Consumer IAM Market Trends and Forecast to 2026

  • Global   Consumer IAM Market New Sales Volumes
  • Global   Consumer IAM  Market Replacement Sales Volumes
  • Global   Consumer IAM Market Installed Base
  • Global   Consumer IAM Market By Brands
  • Global   Consumer IAM Market Size
  • Global   Consumer IAM  Market Procedure Volumes
  • Global   Consumer IAM Market Product Price Analysis
  • Global   Consumer IAM Market Healthcare Outcomes
  • Global   Consumer IAM Market Cost of Care Analysis
  • Global   Consumer IAM Market Regulatory Framework and Changes
  • Global   Consumer IAM Market Prices and Reimbursement Analysis
  • Global   Consumer IAM Market Shares in Different Regions
  • Recent Developments for Global   Consumer IAM Market Competitors
  • Global   Consumer IAM Market Upcoming Applications
  • Global   Consumer IAM Market Innovators Study

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Key Developments in the Market:

  • In September 2017, Gigya which is a market leader in customer identity and access management was acquired by SAP SE. The acquisition would help SAP to manage customer’s preference, profile and controlling their data. With the acquisition SAP aimed to become market leader in customer identity and access management market
  • In December 2016, Experian PLC and Touch Bank launched FraudNet. The FraudNet solution would help in protecting the customer from online frauds which includes account takeover, opening of  fake accounts and fraudulent online transactions, offering a secure online transaction

 Market Drivers:

  • Increase in the adoption of smart devices, smart buildings, smart homes and Internet of Things would enhance the market growth
  • Rise in cybercrimes due to online transactions can accelerate the market growth
  • Adoption of digitalization in various sectors such as healthcare, financial, banking and education among others might boost the market growth
  • Rise in the growth of retail and ecommerce business also acts as a market driver

Market Restraints:

  • Improper and lack of identity standards along with budgetary constraints in utilizing consumer IAM Solutions acts as a market restraint
  • Lack of government standardization can hamper the growth of the market

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Key insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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