A new Report by Delvens, titled "Customer Identity Access Management (CIAM) Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Customer Identity Access Management (CIAM) Market size is projected to reach a CAGR of 16.4% from 2022 to 2028.
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Customer Identity and Access Management (CIAM) is how companies give their end users access to their digital properties as well as how they govern, collect, analyze, and securely store data for those users. CIAM sits at the intersection of security, customer experience, and analytics. Providing an easy, frictionless way for users to onboard and log in is critical for driving conversions and building customer loyalty. Protecting sensitive data from malicious intrusion and taking steps to prevent data breaches is central to a sound security policy and compliance with data privacy laws. And compiling user data into a single source of truth is essential to understanding your customers.
Rise in security breaches and cyber-attacks; Demand to deliver a frictionless customer experience; Identity theft and frauds; and Growing awareness of regulatory compliance and access management tools are some of the factors that have supported long-term expansion for Customer Identity Access Management (CIAM) Market.
Regional Analysis
North America is estimated to account for the highest market share in the CIAM market. Early adoption of CIAM and the presence of several vendors that provide security and CIAM solutions are expected to drive market growth in the region.
Key Players of Customer Identity Access Management (CIAM) Market
· IBM
· Microsoft
· Salesforce
· SAP
· Broadcom
· Okta
· Akamai Technologies
· Ping Identity
· ForgeRock
· Loginradius
· Manageengine
· Widasconcept and More
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Recent Developments:
In October 2021, Okta launched Device Authorization grant, a pitched as simplifying and securing the registration and access for users across input-constrained, shared and "internet of things" devices such as Smart TV apps, smart speakers, kiosks and terminals
In August 2021, Salesforce and Auth0, a leading authentication and authorization platform, have partnered to offer Salesforce Customer Identity Plus, enabling companies to manage and consolidate customer identities across all apps, regardless of whether they are built on Salesforce, through either a low or pro-code approach.
Customer Identity Access Management (CIAM) Market is segmented into component, solution, services, deployment mode, organization size, verticals and region.
On the basis of Component
· Solutions
· Services
On the basis of Solutions
· Identity Governance
· Identity Verification and Authentication
· Access Management and Authorization
· Behavior Analytics
On the basis of Services
· Integration and Deployment
· Support and Maintenance
· Consulting
On the basis of Deployment Mode
· Cloud
· On-Premises
On the basis of Organizing Size
· Large Enterprises
· SMEs
On the basis of Verticals
· BFSI
· Hospitality
· Healthcare
· Retail and e-commerce
· Public Sector
· Automotive
· Education
· IT
· Transportation and Logistics
· Other Verticals
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Customer Identity Access Management (CIAM) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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