The Asia Pacific Identity As A Service Market would witness market growth of 22.8% CAGR during the forecast period (2022-2028).
The adoption of IoT is being seen on a large scale, and as new IoT developments have been made, the benefits have increased thanks to the integration of already existing technology. Because of its flexibility and lower investment requirements, cloud-based apps have seen an increase in growth.
It is crucial to ensure proper and efficient control over usage given the growing demand for cloud-based authentication as well as identity management. Additionally, it is anticipated that the demand for (IDaaS) would rise in coming years due to an increase in the integration of digital payment systems in banking, government services, and other industries.
Other factors that will drive the market's growth include an increase in the amount of money that government organizations and businesses spend on security solutions in order to comply with regulations and stop identity theft. Due to identity management's ability to provide precise and effective usage control and the growing demand for cloud-based authentication, IDaaS is in demand. Several government agencies currently make use of this technology, along with significant international corporations.
India's manufacturing sector contributed approximately 16–17% of the GDP of the nation. Machine tool manufacturing fundamentally served as the industrial sector's cornerstone in India. Technology has today encouraged creativity, with digital transformation being a critical element in gaining an advantage in this increasingly competitive industry. IoT is anticipated to have a big impact on industrial businesses by creating a network of networked machines, systems, devices, and people. Owing to a rise in the integration of IoT within the manufacturing industry in the region, the demand for identity as a service is also rising and therefore, the growth of the regional market is being spurred.
The China market dominated the Asia Pacific Identity As A Service Market by Country in 2021; thereby, achieving a market value of $1,403.2 million by 2028. The Japan market is exhibiting a CAGR of 22% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 23.5% during (2022 - 2028).
Based on Component Type, the market is segmented into Provisioning, Multifactor Authentication, Single Sign-On, Password Management, Directory Services and Audit, Compliance & Governance. Based on End User, the market is segmented into Public Sector, Telecom & IT, BFSI, Manufacturing, Healthcare and Education. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Identity as a Service Market is Projected to reach USD 19 Billion by 2028, at a CAGR of 21.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Google LLC, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., Broadcom, Inc. (CA Technologies, Inc.), Ping Identity Holding Corp. (Vista Equity Partners), Okta, Inc., CyberArk Software Ltd. and OneLogin, Inc. (Quest Software Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Component Type
- Provisioning
- Multifactor Authentication
- Single Sign-On
- Password Management
- Directory Services
- Audit, Compliance & Governance
By End User
- Public Sector
- Telecom & IT
- BFSI
- Manufacturing
- Healthcare
- Education
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Google LLC
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com, Inc.
- Broadcom, Inc. (CA Technologies, Inc.)
- Ping Identity Holding Corp. (Vista Equity Partners)
- Okta, Inc.
- CyberArk Software Ltd.
- OneLogin, Inc. (Quest Software Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Identity As A Service Market, by Component Type
1.4.2 Asia Pacific Identity As A Service Market, by End User
1.4.3 Asia Pacific Identity As A Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2019, Oct – 2022, Mar) Leading Players
Chapter 4. Asia Pacific Identity As A Service Market by Component Type
4.1 Asia Pacific Provisioning Market by Country
4.2 Asia Pacific Multifactor Authentication Market by Country
4.3 Asia Pacific Single Sign-On Market by Country
4.4 Asia Pacific Password Management Market by Country
4.5 Asia Pacific Directory Services Market by Country
4.6 Asia Pacific Audit, Compliance & Governance Market by Country
Chapter 5. Asia Pacific Identity As A Service Market by End-use
5.1 Asia Pacific Public Sector Market by Country
5.2 Asia Pacific Telecom & IT Market by Country
5.3 Asia Pacific BFSI Market by Country
5.4 Asia Pacific Manufacturing Market by Country
5.5 Asia Pacific Healthcare Market by Country
5.6 Asia Pacific Education Market by Country
Chapter 6. Asia Pacific Identity As A Service Market by Country
6.1 China Identity As A Service Market
6.1.1 China Identity As A Service Market by Component Type
6.1.2 China Identity As A Service Market by End-use
6.2 Japan Identity As A Service Market
6.2.1 Japan Identity As A Service Market by Component Type
6.2.2 Japan Identity As A Service Market by End-use
6.3 India Identity As A Service Market
6.3.1 India Identity As A Service Market by Component Type
6.3.2 India Identity As A Service Market by End-use
6.4 South Korea Identity As A Service Market
6.4.1 South Korea Identity As A Service Market by Component Type
6.4.2 South Korea Identity As A Service Market by End-use
6.5 Singapore Identity As A Service Market
6.5.1 Singapore Identity As A Service Market by Component Type
6.5.2 Singapore Identity As A Service Market by End-use
6.6 Malaysia Identity As A Service Market
6.6.1 Malaysia Identity As A Service Market by Component Type
6.6.2 Malaysia Identity As A Service Market by End-use
6.7 Rest of Asia Pacific Identity As A Service Market
6.7.1 Rest of Asia Pacific Identity As A Service Market by Component Type
6.7.2 Rest of Asia Pacific Identity As A Service Market by End-use
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Google LLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Microsoft Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 Oracle Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Salesforce.com, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Broadcom, Inc. (CA Technologies, Inc.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 Ping Identity Holding Corp. (Vista Equity Partners)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.5.3 Acquisition and Mergers:
7.8 Okta, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.5.3 Acquisition and Mergers:
7.9 CyberArk Software Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.10. OneLogin, Inc. (Quest Software Inc.)
7.10.1 Company Overview
TABLE 1 Asia Pacific Identity As A Service Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Identity As A Service Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Identity as a Service Market
TABLE 4 Product Launches And Product Expansions – Identity as a Service Market
TABLE 5 Acquisition and Mergers – Identity as a Service Market
TABLE 6 Asia Pacific Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Provisioning Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Provisioning Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Multifactor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Multifactor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Single Sign-On Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Single Sign-On Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Password Management Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Password Management Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Directory Services Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Directory Services Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Audit, Compliance & Governance Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Audit, Compliance & Governance Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Education Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Education Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Identity As A Service Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Identity As A Service Market by Country, 2022 - 2028, USD Million
TABLE 36 China Identity As A Service Market, 2018 - 2021, USD Million
TABLE 37 China Identity As A Service Market, 2022 - 2028, USD Million
TABLE 38 China Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 39 China Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 40 China Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 41 China Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 42 Japan Identity As A Service Market, 2018 - 2021, USD Million
TABLE 43 Japan Identity As A Service Market, 2022 - 2028, USD Million
TABLE 44 Japan Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 45 Japan Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 46 Japan Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 47 Japan Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 48 India Identity As A Service Market, 2018 - 2021, USD Million
TABLE 49 India Identity As A Service Market, 2022 - 2028, USD Million
TABLE 50 India Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 51 India Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 52 India Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 53 India Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 54 South Korea Identity As A Service Market, 2018 - 2021, USD Million
TABLE 55 South Korea Identity As A Service Market, 2022 - 2028, USD Million
TABLE 56 South Korea Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 57 South Korea Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 58 South Korea Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 59 South Korea Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 60 Singapore Identity As A Service Market, 2018 - 2021, USD Million
TABLE 61 Singapore Identity As A Service Market, 2022 - 2028, USD Million
TABLE 62 Singapore Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 63 Singapore Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 64 Singapore Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 65 Singapore Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 66 Malaysia Identity As A Service Market, 2018 - 2021, USD Million
TABLE 67 Malaysia Identity As A Service Market, 2022 - 2028, USD Million
TABLE 68 Malaysia Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 69 Malaysia Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 70 Malaysia Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 71 Malaysia Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 72 Rest of Asia Pacific Identity As A Service Market, 2018 - 2021, USD Million
TABLE 73 Rest of Asia Pacific Identity As A Service Market, 2022 - 2028, USD Million
TABLE 74 Rest of Asia Pacific Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 75 Rest of Asia Pacific Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 76 Rest of Asia Pacific Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 77 Rest of Asia Pacific Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 78 Key information – IBM Corporation
TABLE 79 Key Information – Google LLC
TABLE 80 key information – Microsoft Corporation
TABLE 81 Key Information – Oracle Corporation
TABLE 82 Key Information –Salesforce.com, Inc.
TABLE 83 Key Information – Broadcom, Inc.
TABLE 84 Key information – PING IDENTITY HOLDING CORP.
TABLE 85 Key Information – Okta, Inc.
TABLE 86 Key Information – CyberArk Software Ltd.
TABLE 87 Key Information – ONELOGIN INC.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2019, oct – 2022, Mar) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 Recent strategies and developments: Google LLC
FIG 7 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 SWOT analysis: Oracle Corporation
FIG 11 SWOT Analysis: Salesforce.com Inc.
FIG 12 SWOT Analysis: Broadcom, Inc.
FIG 13 Recent strategies and developments: Ping Identity Holding Corp.,
FIG 14 Recent strategies and developments: Okta, Inc.