Global Identity and Access Management-as-a-service (IDaaS) Market 2017-2021

Overview of the global identity and access management-as-a-service (IDaaS) market

Research analysis identifies that the increase consumers preference towards OPEX business model will be one of the major factors that will have a positive impact on the  identity and access management-as-a-service market growth. The adoption of OPEX model offers user for pay-per-use pricing model which has led to the increasing growth for the market. This also allows users can with a range of cloud computing services depending on their IT budgets and business requirements. Such benefits are attracting enterprises to migrate towards cloud-based infrastructure which has subsequently increased demand for IDaaS market. Technavio’s market research analysts predict that  identity as a service market size and share will grow at a CAGR of almost 37% by 2021.

The increasing demand for SaaS- based IAM deployment will be one of the latest trends that will gain traction in the IDaaS market during the next four years. The increasing security concerns among enterprises has led to the increasing the demand for SaaS-based enterprise IT security solutions. IDaaS solutions are deployed through SaaS-based cloud computing subscription services. Further, these enterprises can customize IAM solutions according to the business and IT security requirements, such developments will propel the market growth in the forecast period.

Competitive landscape and key vendors