ID 거버넌스 및 관리 시장 예측(-2030년) : 구성요소별, 전개 방식별, 조직 규모별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Identity Governance and Administration Market is accounted for $9.85 billion in 2024 and is expected to reach $25.52 billion by 2030 growing at a CAGR of 17.2% during the forecast period. An essential component of contemporary IT security and compliance management is identity governance and administration, or IGA. It includes all of the procedures, guidelines, and tools needed to guarantee that the right people, for the right reasons, have access to technology resources at the right times. IGA ensures regulatory compliance and lowers the risk of unauthorized access by assisting organizations in managing digital identities and controlling access to sensitive data, it combines access governance with identity lifecycle management to automate user account provisioning and deprovisioning, enforce access controls, and offer thorough audit trails.

According to the Identity Defined Security Alliance (IDSA), Identity Governance and Administration (IGA) is essential for organizations to manage digital identities and access privileges, ensuring security and compliance through automated processes and robust policy enforcement.

Market Dynamics:

Driver:

Growing companies prioritize achieving regulatory compliance

Identity administration and identity governance are the two main components of an identity governance and administration system. Connectors, password management, access request workflow management, automated provisioning, and application entitlement management are among identity administration's primary capabilities. Additionally, some of the factors further propelling the growth of the identity governance and administration market during the forecast period include organizations' growing focus on meeting administrative compliance requirements, their need to improve the operational effectiveness of identity procedures, globalization, and growing data utilization.

Restraint:

High starting cost

Solutions for identity management and governance are costly. The market is constrained by this solution's high cost. Most businesses aim to reduce wasteful spending. But implementing this technology comes at an additional expense. The technology is less appropriate for small-scale organizations because of its high cost. The market expansion for identity governance and administration may be hampered by the high initial installation costs brought on by additional equipment and installation expenses. Furthermore, it is anticipated that the low demand and high costs in small and medium-sized businesses (SMEs) will impede the growth of the identity governance and administration market during the forecast period.

Opportunity:

Growing governmental regulations

The market is expanding due to the increasing adoption rate and government regulations pertaining to identity governance and administration. For example, centralizing the administration of identity governance and access management; enforcing segregation of duties (SoD) policies; conducting routine audits to confirm user rights and permissions throughout the infrastructure; and utilizing automated logging and tracking systems that produce comprehensible reports for compliance audits are some of the IGA solutions that cater to SOX compliance requirements. Moreover, the exponential growth of social and mobile cloud services has rendered traditional firewall systems increasingly antiquated. It is now essential to use digital identity to enforce access controls. IGA has consequently grown to be a top priority for contemporary business.

Threat:

Lack of consciousness

The primary factor that poses the greatest threat to the growth of the identity governance and administration market is the general lack of awareness regarding identity governance and administration. Government efforts to combat cybercrime are being driven by initiatives such as the massive "Digital India Initiative" and a lack of knowledge about the significance and implications of cyber security. As a result, the government is putting together strong laws, legal frameworks, and regulations. Additionally, managing identities across multiple operating environments will pose a further challenge to the growth of the identity governance and administration market in the near future due to this lack of awareness.

Covid-19 Impact:

The COVID-19 pandemic caused unparalleled disruptions in a number of sectors, resulting in a significant impact on global markets. Investors were gripped by uncertainty at first, which resulted in steep drops in stock markets and a spike in market volatility. Supply chains experienced significant disruptions, resulting in shortages and delays. Furthermore, many companies, particularly in the travel, hospitality, and retail sectors, had to close their doors or deal with serious operational difficulties. On the other hand, the pandemic spurred expansion in industries like healthcare, e-commerce, and technology.

The Cloud segment is expected to be the largest during the forecast period

Within the Identity Governance and Administration (IGA) market, the cloud segment holds the largest market share. The increasing use of cloud-based solutions because of their affordability, scalability, and flexibility is what is causing them to dominate. Businesses are moving more and more to cloud platforms in order to take advantage of cutting-edge features like automated provisioning, real-time access management, and improved security. Moreover, cloud-based identity governance and authentication (IGA) solutions are becoming more and more popular than traditional on-premises deployments as organizations look to simplify their identity management procedures and tackle the difficulties of a changing IT environment.

The Small and Medium-sized Enterprises (SMEs) segment is expected to have the highest CAGR during the forecast period

In the Identity Governance and Administration (IGA) market, small and medium-sized enterprises (SMEs) are anticipated to have the highest CAGR. The growing realization among SMEs of the value of strong identity management solutions in safeguarding their IT environments is what is driving this explosive expansion. Additionally, SMEs are investing more in IGA to secure compliance and safeguard sensitive data as regulatory pressures increase and cyber threats become more sophisticated. SMEs are drawn to cloud-based IGA solutions in particular because of their easier deployment, scalability, and lower upfront costs.

Region with largest share:

The Identity Governance and Administration (IGA) market is dominated by North America. The region's sophisticated IT infrastructure, the existence of several significant market participants, and the early adoption of cutting-edge technologies are all credited with its dominance. The strict regulatory environment in North America, which includes laws like the CCPA, GDPR, and HIPAA, forces businesses to implement strong IGA solutions in order to maintain compliance and guard against data breaches. Furthermore, the demand for IGA solutions is further increased by the growing frequency of cyber threats and the requirement for effective identity management in an increasingly remote work environment.

Region with highest CAGR:

The Identity Governance and Administration (IGA) market is anticipated to grow at the highest CAGR in the Asia-Pacific area. The increasing adoption of cloud-based services, the expansion of IT infrastructure throughout nations like China, India, and Japan, and the growing digital transformation initiatives are all contributing factors to this rapid growth. Organizations in this region are also investing heavily in IGA solutions due to the increased awareness of cybersecurity threats and the necessity of regulatory compliance. Moreover, this growth is also greatly aided by the expanding small and medium-sized enterprise (SME) sector in Asia-Pacific, as these companies look for scalable and reasonably priced identity management solutions.

Key players in the market

Some of the key players in Identity Governance and Administration market include Dell Technologies Inc., CA Technologies, Microsoft Corporation, Okta Inc., Broadcom Inc., Omada , Evidian, SAP SE, AlertEnterprise, Hitachi ID Systems, IBM Corporation, Sailpoint Technologies Holdings Inc., Oracle Corporation, NetIQ and Cognizant Corporation.

Key Developments:

In May 2024, Microsoft Corp and Brookfield Asset Management's renewable energy arm has signed a record-breaking clean energy agreement, according to a statement released Wednesday. The partnership comes as Microsoft ramps up its investment in artificial intelligence, Bloomberg reported.

In January 2024, Dell Technologies delivered to Broadcom Inc. written notice of termination of the Commercial Framework Agreement, dated as of November 1, 2021, by and between the Company and VMware, Inc. The Agreement provides that upon a Change in Control of either party, the other party may terminate the Agreement upon 60 days' written notice. A Change in Control of VMware occurred upon the acquisition on November 22, 2023 of VMware's successor, VMware LLC, by Broadcom Inc.

In August 2023, SAP Concur Solutions, the world's leading brand for integrated travel, expense, and invoice management, today announced its partnership with dnata Travel Management, a world-renowned leader in the travel industry, part of the Emirates Group, now a certified reseller of its full range of travel solutions.

Components Covered:

• Solution
• Services
• Other Components

Deployment Types Covered:

• On-Premises
• Cloud

Organization Sizes Covered:

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

End Users Covered:

• BFSI
• Government and Defense
• Telecom and IT
• Healthcare and Life Sciences
• Energy and Utilities
• Retail and Consumer Goods
• Manufacturing
• Education
• Transportation
• Logistics
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Identity Governance and Administration Market, By Component

• 5.1 Introduction
• 5.2 Solution
• 5.3 Services
  • 5.3.1 Managed Services
  • 5.3.2 Professional Services
    • 5.3.2.1 Integration and Implementation
    • 5.3.2.2 Training and Consulting
    • 5.3.2.3 Support and Maintenance
• 5.4 Other Components

6 Global Identity Governance and Administration Market, By Deployment Type

• 6.1 Introduction
• 6.2 On-Premises
• 6.3 Cloud

7 Global Identity Governance and Administration Market, By Organization Size

• 7.1 Introduction
• 7.2 Large Enterprises
• 7.3 Small and Medium-sized Enterprises (SMEs)

8 Global Identity Governance and Administration Market, By End User

• 8.1 Introduction
• 8.2 BFSI
• 8.3 Government and Defense
• 8.4 Telecom and IT
• 8.5 Healthcare and Life Sciences
• 8.6 Energy and Utilities
• 8.7 Retail and Consumer Goods
• 8.8 Manufacturing
• 8.9 Education
• 8.10 Transportation
• 8.11 Logistics
• 8.12 Other End Users

9 Global Identity Governance and Administration Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Dell Technologies Inc.
• 11.2 CA Technologies
• 11.3 Microsoft Corporation
• 11.4 Okta Inc.
• 11.5 Broadcom Inc.
• 11.6 Omada
• 11.7 Evidian
• 11.8 SAP SE
• 11.9 AlertEnterprise
• 11.10 Hitachi ID Systems
• 11.11 IBM Corporation
• 11.12 Sailpoint Technologies Holdings Inc.
• 11.13 Oracle Corporation
• 11.14 NetIQ
• 11.15 Cognizant Corporation