The latest report published by Fortune Business Insights states that the Identity-as-a-Service(IDaaS) Market Size 2022 is expected to grow steadily in the coming years. The report illustrated latest insights into market drivers, restraints, risks and opportunities in the global market. The Identity-as-a-Service(IDaaS) Market report shows the credible direction of the market in the coming years along with its estimates. A precise study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help the readers understand the key business strategies that large companies employ to maintain market stability.
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Report Coverage-
- The report highlights information on various segments at the global, regional, and country level.
- The report contains various details like market share, growth rate, product and their pricing by region/country.
- The report elucidates the market dynamics that are expected to drive the market growth in the forthcoming years.
- The report encompasses the details in relation to application, distribution channel, product type, business strategies, etc.
- The report also covers the COVID-19 impact on the prospected market.
Companies Profiled in the Global Identity-as-a-Service(IDaaS) Market:
- Ping Identity Corporation
- OneLogin Inc.
- Atos SE
- Microsoft Corporation
- Oracle Corporation
- Salesforce Inc.
- Google LLC
- CA Technologies, Inc.
- SailPoint Technologies Inc.
- IBM Corporation
The global identity as a service (IDaaS) market size was USD 3.99 billion in 2021. The market is estimated to grow from USD 4.92 billion in 2022 to USD 23.88 billion in 2029, exhibiting a CAGR of 25.3% during the forecast period. Strong cloud adoption, digitization, and rising breaches across several industries are expected to fuel market growth. Fortune Business Insights™ mentions this information in its report titled “Identity as a Service Market, 2022-2029.”
Identity as a service is cloud-based access management and identity subscription model protecting organizations from cyber threats. Strong adoption of cloud services and rapid digitization globally is expected to boost its adoption. The emergence of several businesses and the rising adoption of digitization may boost its sales. Further, rising data breaches, hacks, and frauds across several organizations necessitate the demand for effective data protection software. These factors may propel industry growth in the coming years.
An Overview of the Impact of COVID-19 on this Market:
This study specially analyses the impact of Covid-19 epidemic on the Cognitive Cloud Computing, covering the source restraint analysis, impact assessment to the Cognitive Cloud Computing market size growth rate in several scenarios, and the measures to be undertaken by Cognitive Cloud Computing companies in response to the COVID-19 epidemic.