The North America Identity As A Service Market would witness market growth of 21.2% CAGR during the forecast period (2022-2028).
Some aspects of the Identity as a Service solutions are supplied to other companies via a remote connection from a third party due to the as-a-service approach. It is the opposite of a function that is managed on-site and by internal staff. The fundamental objective of IDaaS is to give authorized individuals the proper kinds of access to documents, software programs, or other resources.
As a centralized cloud-based system created by identification experts, IDaaS is much simpler to implement. To cut operating expenses and increase transaction visibility, many governments and banking institutions are presently encouraging digital payments.
In the coming years, it is anticipated that the use of digitalized payment systems within banking as well as government services would increase demand for identity-as-a-service. Additionally, it is anticipated that the growth would be boosted by increased spending on security solutions by government organizations and commercial businesses to support regulatory compliance and prevent identity theft.
In North America, there has been an increase in the deployment of IoT positions in the private banking industry. In terms of IoT deployment, North America also remained the leader in the private banking sector. Therefore, the increased IoT integration among banks and other financial institutions is promoting regional IoT monetization market expansion. However, the integration of IoT also posed a number of challenges in front of the country’s growth. In order to address these challenges, financial institutions within the country are increasingly deploying identity as a service solution. This factor is bolstering the growth of the Identity As A Service Market in the region.
The US market dominated the North America Identity As A Service Market by Country in 2021; thereby, achieving a market value of $5,278.5 million by 2028. The Canada market is experiencing a CAGR of 23.9% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 22.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Identity as a Service Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Identity As A Service Market, by Component Type
1.4.2 North America Identity As A Service Market, by End User
1.4.3 North America 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. North America Identity As A Service Market by Component Type
4.1 North America Provisioning Market by Country
4.2 North America Multifactor Authentication Market by Country
4.3 North America Single Sign-On Market by Country
4.4 North America Password Management Market by Country
4.5 North America Directory Services Market by Country
4.6 North America Audit, Compliance & Governance Market by Country
Chapter 5. North America Identity As A Service Market by End-use
5.1 North America Public Sector Market by Country
5.2 North America Telecom & IT Market by Country
5.3 North America BFSI Market by Country
5.4 North America Manufacturing Market by Country
5.5 North America Healthcare Market by Country
5.6 North America Education Market by Country
Chapter 6. North America Identity As A Service Market by Country
6.1 US Identity As A Service Market
6.1.1 US Identity As A Service Market by Component Type
6.1.2 US Identity As A Service Market by End-use
6.2 Canada Identity As A Service Market
6.2.1 Canada Identity As A Service Market by Component Type
6.2.2 Canada Identity As A Service Market by End-use
6.3 Mexico Identity As A Service Market
6.3.1 Mexico Identity As A Service Market by Component Type
6.3.2 Mexico Identity As A Service Market by End-use
6.4 Rest of North America Identity As A Service Market
6.4.1 Rest of North America Identity As A Service Market by Component Type
6.4.2 Rest of North America 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 North America Identity As A Service Market, 2018 - 2021, USD Million
TABLE 2 North America 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 North America Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 7 North America Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 8 North America Provisioning Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Provisioning Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Multifactor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Multifactor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Single Sign-On Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Single Sign-On Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Password Management Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Password Management Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Directory Services Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Directory Services Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Audit, Compliance & Governance Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Audit, Compliance & Governance Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 21 North America Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 22 North America Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 26 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 27 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Education Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Education Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Identity As A Service Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Identity As A Service Market by Country, 2022 - 2028, USD Million
TABLE 36 US Identity As A Service Market, 2018 - 2021, USD Million
TABLE 37 US Identity As A Service Market, 2022 - 2028, USD Million
TABLE 38 US Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 39 US Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 40 US Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 41 US Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 42 Canada Identity As A Service Market, 2018 - 2021, USD Million
TABLE 43 Canada Identity As A Service Market, 2022 - 2028, USD Million
TABLE 44 Canada Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 45 Canada Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 46 Canada Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 47 Canada Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 48 Mexico Identity As A Service Market, 2018 - 2021, USD Million
TABLE 49 Mexico Identity As A Service Market, 2022 - 2028, USD Million
TABLE 50 Mexico Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 51 Mexico Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 52 Mexico Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 53 Mexico Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 54 Rest of North America Identity As A Service Market, 2018 - 2021, USD Million
TABLE 55 Rest of North America Identity As A Service Market, 2022 - 2028, USD Million
TABLE 56 Rest of North America Identity As A Service Market by Component Type, 2018 - 2021, USD Million
TABLE 57 Rest of North America Identity As A Service Market by Component Type, 2022 - 2028, USD Million
TABLE 58 Rest of North America Identity As A Service Market by End-use, 2018 - 2021, USD Million
TABLE 59 Rest of North America Identity As A Service Market by End-use, 2022 - 2028, USD Million
TABLE 60 Key information – IBM Corporation
TABLE 61 Key Information – Google LLC
TABLE 62 key information – Microsoft Corporation
TABLE 63 Key Information – Oracle Corporation
TABLE 64 Key Information –Salesforce.com, Inc.
TABLE 65 Key Information – Broadcom, Inc.
TABLE 66 Key information – PING IDENTITY HOLDING CORP.
TABLE 67 Key Information – Okta, Inc.
TABLE 68 Key Information – CyberArk Software Ltd.
TABLE 69 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.