Identity as a Service Market Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2027
                     Identity as a Service Market Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 
2027 
Keywords - Identity as a Service Market, IDaaS Market Size, IDaaS Market Share, Idaas Market 
Trends, Identity as a Service Industry 
Market Synopsis 
Market Research Future (MRFR) conducted study on the global identity as a service (IDaaS) market 
2020 and detailed insights into the effect of COVID pandemic on the market in the report. According 
to MRFR analysis, the identity as a service (IDaaS) market can rise at 18.4% CAGR across the forecast 
period. By 2027, the identity as a service (IDaaS) market value can cross USD 10 Bn.  
The growing deployment of IDaaS on largely accepted cloud platform can boost the expansion of the 
IDaaS market across the review period. The increase in the adoption of SaaS-based IAM offerings that 
allow organizations to use single sign-on (SSO) via OpenID Connect (OIDC) or Security Assertion 
Markup Language (SAML) for the authentication and access controls to provide secured access to 
enterprises' SaaS applications can promote the expansion of the world market of IDaaS.  
The growing need to curb on-site infrastructure that can support a wide range of integration options 
can boost the expansion of the IDaaS market. The rise in the level of interconnectivity as IoT and BYOD 
culture are trending across different verticals can bolster the expansion of the IDaaS market. Rise in 
IDaaS vendors can also benefit the global market.  
The high utility of DevSecOps practices for the identification and access management in organizations 
can fuel the expansion of the market growth. The growing concerns of companies regarding data 
security limit is pressing the need for IDaaS solutions that can promote the expansion of the global 
identity as a service (IDaaS) market in the years to come. The rise in preference for on-premise access 
management systems can pose threat to the IDaaS market. 
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Market Segmentation 
The segments study of the global IDaaS market is based on deployment, service, organization size, and 
vertical.  
The service-based, the global IDaaS market segments are access, identity governance & 
administration, and intelligence. 
The organization size based, the global IDaaS market segments are large enterprise and small- and 
medium-sized enterprise (SME). 
The deployment based, the global IDaaS market segments are public cloud, private cloud, and hybrid. 
The vertical based, the global IDaaS market segments are BFSI, retail and CPG, manufacturing, energy 
and utilities, transportation, healthcare and life sciences, and government and defense among others. 
Regional Analysis 
North America IDaaS market is expected to secure the highest global market size in the forecast 
period. Led by the US, the market in North America can rise exponentially due to the early adoption 
of DevSecOps that aids in the identification and allows access to management and strict government 
directives associated with data protection. The increase in cyber threats and high growing demand for 
potential and powerful authentication solutions on cloud can drive the IDaaS market in North America. 
In Asia Pacific, the IDaaS market can expand rapidly in evaluation period. The growing BYOD trend and 
increase in IoT applications across verticals and increase in the awareness among enterprises 
regarding security issues can promote the IDaaS market in the Asia Pacific region. APAC is observed to 
hold high growth prospects, thus the expansion of the IDaaS market in the Asia Pacific region is 
expected to rise substantially.  
Key Players 
MRFR identified some notable players of the global IDaaS market. They are; Okta, Inc. (US), Avatier 
(US), OneLogin, Inc (US), Fischer Identity (US), Microsoft Corporation, (US), Oracle Corporation (US), 
Centrify Corporation (US), Ping Identity (US), iWelcome (Netherlands), empowerID (US),VMWare (US), 
LoginRadius (Canada), IDaptive, LLC. (US), Ubisecure, Inc. (Finland), Sailpoint (US), Optimal IdM(US), 
Bitium, Inc. (US), and others. These players are recognized by origin, regional presence, recent key 
innovations, industry expertise, and product diversification.  
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7928 
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