PUNE,
India, April 25, 2024 /PRNewswire/ -- The
report titled "Identity Governance & Administration
Market by Component (Services, Solution), Modules (Access
Certification & Compliance Control, Access Management, Identity
Lifecycle Management), Organization Size, Deployment, Vertical -
Global Forecast 2024-2030" is now available on
360iResearch.com's offering, presents an analysis indicating that
the market projected to grow from a size of $8.46 billion in 2023 to reach $24.42 billion by 2030, at a CAGR of 16.34% over
the forecast period.
"Navigating Global Identity Governance With
Key Strategies for Digital Security and Compliance"
Identity governance and administration (IGA) has emerged as a
critical policy-driven approach aimed at fortifying digital
identities within organizations, ensuring that proper access is
provided to the right individuals for valid reasons. Across the
globe, the demand for IGA solutions is on the rise, driven by the
need to tackle sophisticated cyber threats, comply with stringent
data protection laws, and adapt to the digitization wave sweeping
through industries. Challenges include integrating these solutions
with pre-existing IT frameworks, primarily in organizations reliant
on legacy systems. The North American market, led by the United States and Canada, is at the forefront of this expansion,
embracing technological advancements and stringent regulatory
standards. Meanwhile, the Europe,
Middle East, and Africa (EMEA) region is navigating its unique
landscape, with the EU focusing heavily on compliance through GDPR
and the Middle East and
Africa gradually recognizing the
value of digital security. The Asia-Pacific region is witnessing a
significant uptrend in IGA solutions adoption, spurred by digital
transformation initiatives and cybersecurity awareness, with
China and India playing pivotal roles. This global
perspective highlights the universal importance of IGA in today's
digital era, highlighting the critical balance between innovation,
security, and regulatory compliance in safeguarding digital
identities.
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@ https://www.360iresearch.com/library/intelligence/identity-governance-administration
"Navigating the New Normal With The Crucial
Role of Identity Governance in Securing Hybrid Work
Environments"
As businesses globally embrace the fusion of remote and
traditional office work, the need for secure, hybrid workspaces
becomes paramount. The shift toward flexible working models,
accelerated by the COVID-19 pandemic, highlights the importance of
cybersecurity and accessibility in ensuring operational continuity
and a better work-life balance. Identity governance &
administration (IGA) systems emerge as essential tools within this
evolving work landscape. They enable organizations to manage
digital identities and access rights effectively, safeguarding
sensitive data against unauthorized access across diverse working
environments. By ensuring that only credentialed employees can
access critical information, regardless of their physical location,
IGA solutions stand at the forefront of maintaining cybersecurity
compliance and operational integrity. This development signifies a
growing demand for robust identity governance frameworks, ensuring
businesses remain resilient and secure in remote work and
beyond.
"Elevating Security and Efficiency in
Organizations through Specialized Identity Governance &
Administration Services"
Managed and professional services provide organizations with the
specialized expertise necessary for optimizing the performance and
security of identity governance & administration (IGA) systems,
eliminating the need for such in-depth knowledge internally.
Businesses benefit from advanced skills that enhance system
functionality and safeguard sensitive data by outsourcing specific
IGA tasks. From the initial stages of integration and
implementation, ensuring seamless incorporation with existing
infrastructures, to ongoing support and maintenance for consistent
system reliability and up-to-dateness, these services form the
foundation of effective IGA strategies. Furthermore, training and
consulting play a pivotal role, equipping companies with the
understanding and capability to utilize their IGA systems to the
fullest. IGA solution is a critical technological tool designed to
streamline the management of user access rights across
organizations, bolstering security, operational efficiency, and
compliance with regulatory standards. This comprehensive approach
to IGA facilitates a more secure, efficient, and compliant
organizational environment, empowering businesses to focus on core
objectives and ensure their data remains protected.
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@ https://www.360iresearch.com/library/intelligence/identity-governance-administration
"International Business Machines
Corporation at the Forefront of Identity Governance &
Administration Market with a Strong 7.09% Market Share"
The key players in the Identity Governance & Administration
Market include Broadcom, Inc., SAP SE, Oracle Corporation,
Microsoft Corporation, International Business Machines Corporation,
and others. These prominent players focus on strategies such as
expansions, acquisitions, joint ventures, and developing new
products to strengthen their market positions.
"Introducing ThinkMi: Revolutionizing
Market Intelligence with AI-Powered Insights for the Identity
Governance & Administration Market"
We proudly unveil ThinkMi, a cutting-edge AI product designed to
transform how businesses interact with the Identity Governance
& Administration Market. ThinkMi stands out as your premier
market intelligence partner, delivering unparalleled insights with
the power of artificial intelligence. Whether deciphering market
trends or offering actionable intelligence, ThinkMi is engineered
to provide precise, relevant answers to your most critical business
questions. This revolutionary tool is more than just an information
source; it's a strategic asset that empowers your decision-making
with up-to-the-minute data, ensuring you stay ahead in the fiercely
competitive Identity Governance & Administration Market.
Embrace the future of market analysis with ThinkMi, where informed
decisions lead to remarkable growth.
Ask Question to ThinkMi
@ https://app.360iresearch.com/library/intelligence/identity-governance-administration
"Dive into the Identity Governance &
Administration Market Landscape: Explore 197 Pages of Insights, 654
Tables, and 26 Figures"
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Identity Governance & Administration Market, by
Component
- Identity Governance & Administration Market, by
Modules
- Identity Governance & Administration Market, by
Organization Size
- Identity Governance & Administration Market, by
Deployment
- Identity Governance & Administration Market, by
Vertical
- Americas Identity Governance & Administration Market
- Asia-Pacific Identity Governance & Administration
Market
- Europe, Middle East & Africa Identity Governance
& Administration Market
- Competitive Landscape
- Competitive Portfolio
Inquire Before Buying
@ https://www.360iresearch.com/library/intelligence/identity-governance-administration
Related Reports:
- Privileged Identity Management Market - Global Forecast
2024-2030
- Identity & Access Management Professional Services Market -
Global Forecast 2024-2030
- Digital Identity Solutions Market - Global Forecast
2024-2030
About 360iResearch
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