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The physical IAM market size is forecast to increase by USD 1.31 billion at a CAGR of 16.5% between 2023 and 2028. The market is experiencing significant growth, driven by several key trends. The rapid expansion of Internet of Things (IoT) networks is one major factor, as IoT devices require strong IAM solutions to ensure secure access and prevent unauthorized entry. Another trend is the increasing need for Multi-Factor Authentication (MFA) in physical IAM, as organizations seek to enhance security and mitigate the risk of password breaches. Additionally, poor handling of data has become a major concern, leading to a growing demand for IAM solutions that can effectively manage and protect sensitive information. Overall, the market is poised for continued growth as organizations prioritize security and compliance in their digital transformation initiatives.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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