Identity as a Service (IDaaS), is a cloud-based identity and access management (IAM) built and operated by a third-party provider. IDaaS is designed with the primary goal of an Identity Service to ensure that users get right kinds of access to software applications, files, or other resources at the right times. These Users first subscribe to the service and are then provided with IDaaS supply cloud-based authentication or identity management solutions. When an enterprise subscribes to an IDaaS, it receives an API (application programming interface) and/or a centralized configuration portal which helps in integrating the application suite with the identity products of the service provider after which the user will get access to single sign-on, social login, adaptive authentication, and other features.

Top Key Players Covered in The Identity as a Service (IDaaS) Market

OneLogin Inc.(US), Atos SE (France), Ping Identity Corporation (US), Microsoft Corporation (US), Okta Inc. (US), IBM Corporation (US), CyberArk Software Ltd. (US), Oracle Corporation (US), Equifax (US), Salesforce Inc. (US), Google LLC (US), CA Technologies Inc. (US), SailPoint Technologies Inc. (US), ForgeRock Inc. (US) and Other Major Players

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The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others. This will help us understand the market potential. The research report includes quantitative data that helps us fully understand the industry and future market scope.

Market Dynamics And Factors For Identity as a Service (IDaaS) Market

Drivers:

·         Benefits Gained from IDaaS, Along with The Greater Need of Organizations to Achieve Better Time-To-Value Proposition

·         Growing Requirements of maintaining Regulatory Compliances for User Data Protection

Restraints:

·         Technical Errors or Authentication Process Failures Like Single Point of Failure

Opportunity:

·         Integration of Advanced Technologies Like AI, ML, And Blockchain To Enhance Digital Identities

Challenges:

·         Complex Management and User Experience Without Use of the Right Platform

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For the Purpose Of This Report, Reports And Data Has Segmented The Global Identity as a Service (IDaaS) Market On The Basis Of Type, By Source, By Product, And Region:

By Component         

·         Single-Sign-On (SSO)

·         Multi-Factor Authentication (MFA)

·         Provisioning

·         Compliance and Governance

·         Others

By Application          

·         Document Verification

·         Identification

·         Screening

By Deployment Mode          

·         Public Cloud

·         Private Cloud

·         Hybrid Cloud

By Organization       

·         Small and Medium Enterprises (SMEs)

·         Large Enterprises

By End-User 

·         IT & Telecommunication

·         BFSI

·         Healthcare

·         Manufacturing

·         Others

By Region

·         North America (US, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

Key Benefits for Industry Participants & Stakeholders:

·         Industry drivers, restraints, and opportunities covered in the study

·         Neutral perspective on the market performance

·         Recent industry trends and developments

·         Competitive landscape & strategies of key players

·         Potential & niche segments and regions exhibiting promising growth covered

·         Historical, current, and projected market size, in terms of value

·         In-depth analysis of the Identity as a Service (IDaaS) Market

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