Physical Identity and Access Management Market Research Report

Physical Identity And Access Management Market:

The GMI Research expects the physical identity and access management market to expand at a significant rate. From a regional perspective, North America is expected to dominate the market due to the strong presence of the major players like HID Global, IBM Corporation, and AWS, which are providing advanced solutions to end-users.

Request for a FREE Sample Report on Physical Identity And Access Management Market

Physical Identity And Access Management Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The rigorous security compliance and government regulations and the growing requirement for future-proofing security operations are the major factors driving the global physical identity and access management market at a global level. Government initiatives for standardization of security protocols are encouraging the public sector to shift towards the public sector due to various industries such as civilian infrastructure and pharmaceuticals are expected to come under government supervision. In addition to this, different regulatory compliances like PCI DSS Credit Card Security, Family Educational Rights and Privacy Act (FERPA), and Health Insurance Portability and Accountability Act (HIPAA), emphasize on enhancing security for various industries, including education, energy & utility, and BFSI. These government regulations make it compulsory for an organization to safeguard their data from internal and external threats, thus propelling the growth of the physical identity and access management market. On the other hand, the factors restraining the growth of the market include the limited skilled security analysts and the growing cases of security breaches owing to internal vulnerabilities.

Component Segment Drivers

Based on vertical, the market is segmented into IT & telecom, Government & Defense, BFSI, healthcare, energy & utility, transportation, education, and others. The government & defense segment is projected to increase at a faster CAGR in the forecast period. Government & defense organizations generate a huge volume of information, which surges the need for physical identity and access management solutions. PIAM solutions help the government & defense vertical in securing the infrastructure and users from identity risk with decreased cost. Thus, increasing complexities in the network and growing cases of cyberattacks and insider threats are the drivers accelerating the adoption of physical identity and access management solutions among the government & defense sector worldwide.

Physical Identity And Access Management Market’s leading Manufacturers:

·         IBM Corporation

·         AWS

·         HID Global

·         AlertEnterprise Inc

·         Micro Focus International plc

·         Oracle Corporation

·         Atos SE

·         Nexus Group

·         Wipro Ltd

·         Access Security Corporation

Physical Identity And Access Management Market Segmentation:

Segmentation by Component:

·         Software

·         Services

Segmentation by Organization Size:

·         Small and Medium-Sized Enterprises (SMEs)

·         Large Enterprises

Segmentation by Vertical:

·         IT & Telecom

·         Government & Defense

·         BFSI

·         Healthcare

·         Energy & Utilities

·         Transportation

·         Education

·         Others (retail, manufacturing, and logistics)

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com