The Asia Pacific Identity and Access Management Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Identity and Access Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,180.9 million by 2031. The Japan market is showcasing a CAGR of 12.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 13.6% during (2024 - 2031).
The shift to remote work and BYOD policies has created a need for IAM solutions to securely manage access from various devices and locations. IAM solutions address these security challenges by offering multi-factor authentication (MFA) to verify user identities through additional methods, like text codes or biometrics, which is crucial when employees use personal devices.
Moreover, a remote worker logging in from home or a smartphone can be required to provide a second verification factor, reducing unauthorized access risks. IAM also includes Single Sign-On (SSO), which allows employees to use a single login for multiple applications, streamlining the experience for remote workers who often need access to various platforms. This simplifies access for roles such as a remote marketing manager using CRM, email, and project management tools while enhancing security by minimizing password entries.
Across the Asia Pacific region, the market is experiencing substantial growth, driven by diverse digital transformation initiatives and strengthened regulatory frameworks. According to the State Council Information Office of China, the nation contributed 30 percent of the manufacturing output in 2021, underscoring the need for advanced Identity and Access Management (IAM) solutions to protect sensitive manufacturing data and manage access across a vast workforce. As China’s manufacturing sector embraces digitalization, IAM systems become essential to securing industrial networks, safeguarding intellectual property, and preventing unauthorized access to critical operational systems.
Free Valuable Insights: The Global Identity and Access Management Market is Predict to reach USD 42.9 Billion by 2031, at a CAGR of 12.2%
Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Deployment, the market is segmented into On-premise, Hybrid, and Cloud. Based on Component, the market is segmented into Provisioning, Multifactor Authentication (MFA), Audit, Compliance & Governance, Password Management, Single Sign-On (SSO), and Directory Service. Based on End-use, the market is segmented into Public Sector & Utilities, BFSI, Telecom & IT, Manufacturing, Healthcare, Education, Energy, Oil & Gas, and Other End-use. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Organization Size
By Deployment
By Component
By End-use
By Country
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