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  • 13 July 2018 15:38

Identity and Access Management ensures that user is authenticated and provide access for a particular application or a system in industry.

Global Identity and Access Management (IAM) Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027.

Identity and access management (IAM) is a system for securely initiating, storing, and managing user identities and access permissions. IAM ensures that user is authenticated and provide authority or access for a particular application or a system.

Increasing web-based applications and risk management factors such as policy-based agreement and audit management coupled with cost control are major factors expected to drive growth of the global market over the forecast period. In addition, increasing investment by large scale and government organizations, and stringent regulations are other factors expected to further fueling growth of the target market.

Furthermore, rising preferences towards connected devices, bring your own devices (BYOD), and internet of things (IoT) are other factors expected to boost growth of the market in the near future. Moreover, increasing investment in research and development activities for developing sophisticated high-end products is another factor expected to support growth of the global market over the forecast period.

Increasing investment in R&D for developing innovative products, technological advancements, and growing cloud-based applications are expected to create lucrative opportunities for the players operating in the target market in the near future.

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