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Market Snapshot

CAGR:8.76

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	8.76

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Report Overview

The Physical Identity and Access Management (PIAM) Software Market is projected to grow at a CAGR of 12.78% between 2022 and 2032. The market size is forecast to increase by USD 1,789.52 million during this period. The growth of the PIAM Software Market is driven by the increasing need for comprehensive physical security solutions, the rise in adoption of biometric authentication, and the focus on regulatory compliance.

Market Overview:

Drivers:

The PIAM Software Market is experiencing growth due to the demand for enhanced physical security in organizations. PIAM solutions offer centralized control over access to facilities, assets, and sensitive areas.

Moreover, the adoption of biometric authentication and identity verification is driving market demand. Biometrics provide secure and convenient methods for verifying individuals' identities.

Trends:

The integration of PIAM with IT security systems and identity management solutions is a prominent trend. Organizations seek unified solutions that manage both physical and digital access.

Furthermore, the use of cloud-based PIAM solutions for remote access management is influencing the market. Cloud technology enables flexible and scalable access control.

Restraints:

Challenges related to privacy concerns and data protection regulations can restrain market growth. Biometric data handling requires compliance with privacy laws to protect individuals' sensitive information.

Additionally, concerns about system integration and compatibility with existing security infrastructure can impact adoption. Organizations require seamless integration with security cameras, card readers, and other physical security systems.

PIAM Software Market Segmentation by Component:

The Software segment is expected to witness significant growth during the forecast period. PIAM software provides identity verification, access control, and reporting capabilities.

PIAM Software Market Segmentation by Deployment Model:

The On-Premises segment is anticipated to experience strong growth in the PIAM Software Market. On-premises solutions offer control and customization over access management.

Regional Overview:

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North America is expected to lead the global PIAM Software Market, driven by the region's emphasis on security, stringent compliance regulations, and the presence of key security solution providers.

Moreover, the Europe region is projected to experience substantial growth as European organizations adopt advanced access management solutions and invest in security infrastructure.

PIAM Software Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries and sectors that extensively use PIAM solutions. It outlines customer requirements, such as multi-factor authentication, visitor management, and integration with surveillance systems.

Major PIAM Software Market Companies:

Companies in the PIAM Software Market are adopting strategies such as partnerships, acquisitions, and development of advanced access management solutions to strengthen their market position.

Sample companies in the PIAM Software Market include:

HID Global Corporation
Genetec Inc.
AlertEnterprise Inc.
Quantum Secure (Part of HID Global)
Micro Focus International plc
Identiv, Inc.
AMAG Technology, Inc.
NICE Ltd.
IDEMIA Group
Honeywell International Inc.

Segment Overview:

The PIAM Software Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

Component Outlook (USD Million, 2019 - 2032)

Software
Services

Deployment Model Outlook (USD Million, 2019 - 2032)

On-Premises
Cloud

Geography Outlook (USD Million, 2019 - 2032)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

UAE
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Physical Identity and Access Management (PIAM) Software 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. Physical Identity and Access Management (PIAM) Software MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Physical Identity and Access Management (PIAM) Software 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. Physical Identity and Access Management (PIAM) Software MARKET BY type landscape

SIGHTS & TRENDS

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

5.2 Software

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. Physical Identity and Access Management (PIAM) Software MARKET BY End user INSIGHTS & TRENDS

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

6.2 BFSI

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 Aerospace and Defense

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

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

6.4 Government

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

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

6.5 IT and Telecom

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

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

Chapter 7. Physical Identity and Access Management (PIAM) Software MARKET REGIONAL OUTLOOK

7.1. Physical Identity and Access Management (PIAM) Software Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Physical Identity and Access Management (PIAM) Software Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Physical Identity and Access Management (PIAM) Software 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 HID Global Corporation

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 AlertEnterprise

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 IDCUBE Identification Systems (P) Ltd

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Micro Focus International PLC

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Amazon Web Services

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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Physical Identity And Access Management Piam Software Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032