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Market Snapshot

CAGR:8.13

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	8.13

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Report Overview

Identity Analytics Market Analysis Report 2023-2032

The Identity Analytics Market is set for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 16.45% from 2022 to 2032. This growth is projected to result in a market size expansion of USD 8,936.77 million. The Identity Analytics industry is driven by several factors, including the increasing importance of identity and access management, the demand for advanced authentication solutions, and the rise of insider threat detection.

Identity Analytics Market Overview

Drivers

The growth of the Identity Analytics market is driven by the increasing importance of identity and access management. Businesses recognize the significance of securing user identities and regulating access to critical systems and data. Identity Analytics solutions enable organizations to manage identities effectively and ensure secure access.

Furthermore, the demand for advanced authentication solutions is a significant driver. As traditional username and password authentication becomes less secure, businesses seek multifactor and biometric authentication methods. Identity Analytics platforms offer these advanced authentication options for enhanced security.

Trends

Machine learning and artificial intelligence (AI) integration and zero-trust security models are key trends in the Identity Analytics market. Machine learning and AI enhance identity analysis by detecting anomalies, identifying patterns, and predicting potential threats. These technologies improve accuracy and speed in identity and access management.

Moreover, the zero-trust security model emphasizes continuous verification and restricted access based on user behavior. Identity Analytics platforms align well with zero-trust models by continuously monitoring user activities and adapting access levels based on risk.

Restraints

Data privacy regulations and integration complexities present significant hurdles in the Identity Analytics market. Identity Analytics solutions handle sensitive user data, leading to compliance challenges with data privacy regulations. Businesses must ensure that their identity management practices align with legal requirements.

Additionally, integrating Identity Analytics solutions with existing identity and access management systems can be complex. Seamless integration is essential to prevent disruptions, maintain user experience, and avoid data inconsistencies.

Identity Analytics Market Segmentation By Application

Among the application segments, the Large Enterprises segment is expected to witness substantial growth during the forecast period. Large enterprises manage complex user identities, permissions, and access controls. Identity Analytics solutions offer centralized identity management, reducing risks and improving compliance.

Moreover, the Healthcare segment is also on the rise. Healthcare organizations handle sensitive patient data and must ensure secure access to electronic health records. Identity Analytics platforms provide solutions for managing healthcare professionals' identities and access rights.

Identity Analytics Market Segmentation By Type

Within the Identity Analytics type segment, the User Behavior Analytics (UBA) segment is expected to play a significant role in market growth. UBA solutions analyze user activities, behaviors, and patterns to detect anomalies and potential insider threats. These solutions improve security and mitigate risks.

Additionally, the Identity and Access Management (IAM) segment remains relevant. IAM solutions encompass user provisioning, authentication, authorization, and single sign-on capabilities for comprehensive identity management.

Regional Overview:

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North America is projected to be a major contributor to the global Identity Analytics market growth, accounting for approximately 45% of the market share during the forecast period. The region's leadership is attributed to the stringent data privacy regulations, the presence of industries handling sensitive data, and the focus on cybersecurity.

Europe also holds a significant share in the Identity Analytics market, driven by the growth of digital services, the adoption of cloud technologies, and the need for compliance with General Data Protection Regulation (GDPR) requirements. The Asia-Pacific region is witnessing rapid growth, fueled by the digital transformation of businesses, the rise of fintech, and the demand for advanced identity solutions.

The Identity Analytics market faced disruptions during the COVID-19 pandemic as businesses accelerated their digital initiatives and adapted to remote work. The pandemic highlighted the importance of secure and efficient identity management in remote and hybrid work environments.

Identity Analytics Market Customer Landscape

The Identity Analytics market report encompasses an analysis of the customer lifecycle, from early adopters to late adopters. It delves into adoption rates across regions, providing insights into customer penetration. Additionally, the report identifies key purchase criteria and factors influencing price sensitivity, aiding businesses in devising effective growth strategies.

Major Identity Analytics Market Companies

Companies in the Identity Analytics market are implementing various strategies to enhance their market presence, including advanced AI integration, partnerships, acquisitions, and the development of user-friendly identity solutions.

IBM Corporation (IBM Security Verify): IBM offers Identity Analytics solutions that provide risk-based identity and access management. IBM Security Verify offers adaptive authentication, multifactor authentication, and user behavior analytics for enhanced security.
Microsoft Corporation (Azure Active Directory): Microsoft's Azure Active Directory includes Identity Analytics capabilities for managing identities and access. It offers user behavior insights, risk-based conditional access, and security reporting.
RSA Security LLC (RSA Identity and Access Assurance): RSA offers Identity Analytics solutions that combine identity management with user behavior analytics. RSA Identity and Access Assurance provide risk-based authentication and continuous identity monitoring.

The competitive landscape analysis in the report offers comprehensive insights into market players, assessing their strengths, weaknesses, and positioning. The qualitative and quantitative data aids in categorizing companies based on their focus and dominance in the market.

Segment Overview

The Identity Analytics market report forecasts revenue growth at global, regional, and country levels and provides a comprehensive analysis of trends and growth opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)

Large Enterprises
Small and Medium-sized Business (SMB)
Healthcare
Finance
Others

Type Outlook (USD Million, 2019 - 2032)

User Behavior Analytics (UBA)
Identity and Access Management (IAM)

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

South America

Brazil
Argentina
Chile
Rest of South America

Middle East & Africa

United Arab Emirates
South Africa
Saudi Arabia
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Identity analytics MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Identity analytics MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Identity analytics Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Identity analytics MARKET BY Component type SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Solutions

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Services

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Identity analytics MARKET BY deployment INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 On-Premise

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Cloud

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Identity analytics MARKET REGIONAL OUTLOOK

7.1. Identity analytics Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Identity analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Identity analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Identity analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Identity analytics Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Identity analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Oracle Corporation

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Verint Systems

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Hitachi ID Systems

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Centrify Corporation

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Sailpoint Technologies Holdings

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Identity Analytics Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032