The Europe Identity and Access Management Market would witness market growth of 11.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $2,874.9 million by 2031. The UK market is experiencing a CAGR of 10.9% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 12.7% during (2024 - 2031).
IAM solutions also provide detailed audit logs, recording who accessed specific data and when which is crucial for investigating security incidents and meeting regulatory requirements. For example, in a data breach involving customer information, audit logs help security teams identify the responsible user, assess the extent of the breach, and take corrective actions.
Additionally, in environments with third-party collaborators, like a manufacturing firm working with contractors, IAM enables the company to restrict contractors’ access to only the necessary design files, protecting proprietary information. IAM systems also simplify temporary access management, such as for consultants on short-term projects, by automatically revoking access once the project ends. This controlled and flexible approach helps organizations reduce insider threats while ensuring data security and compliance.
With a particular emphasis on safeguarding sensitive data and critical infrastructure, European nations are progressively integrating IAM systems into their national cybersecurity frameworks. In Germany, the demand for IAM solutions is notably increasing within the education sector, driven by the digitalization of academic institutions and the need to secure remote access for students, faculty, and staff. With initiatives like "DigitalPakt Schule," which aims to modernize school infrastructure, Germany focuses on enhancing digital learning environments across its educational system.
Free Valuable Insights: The Global Identity and Access Management Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Organization Size
By Deployment
By Component
By End-use
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