Identity as a Service (IDaaS) Market is projected to be worth USD 51.82 billion by 2032.

Data security concerns are driving demand for cloud-based security services and solutions, which is expected to drive adoption of Identity-as-a-Service (IDaaS) solutions. Businesses need to provide access to remote workers while maintaining security compliance and need identity and access solutions. Stringent regulations and privacy laws are driving demand for IDaaS solutions. Stringent global regulations and compliance related to identity theft, such as the General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability act (HIPAA), and more, force organization to overwhelm internal staff, contractors, and end-users. Users We are forced to take additional measures to protect our users. account.

COVID-19 is impacting the Identity as a Service (IDaaS) market. Limited capital costs and a shortage of employees hampered the sale and production of Identity-as-a-Service (IDaaS) technology. However, governments and market players are adopting new safeguards due to the development of practices. Technological advances have increased the sales rate of the Identity as a Service (IDaaS) industry by targeting the right audience.

The Global Idaas Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as;  CA Technologies, Capgemini, Centrify, Connectis, Exostar, ForgeRock, Inc., Gemalto, IBM Corporation, Ilantus Technologies Private Limited, iWelcome, JumpCloud, Inc., ManageEngine, Microsoft Corporation, Okta, Inc., One Identity LLC, OneLogin, Inc., Oracle Corporation, Ping Identity Corporation, SailPoint Technologies Inc., Software Ltd.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment –ByDeployment Type (Public, Private, Hybrid),By Service Type (On-Site, In-House), By Enterprise Size (Small and Medium Enterprises (SMEs), Large Enterprises), ByAccess Type (Single Sign-On, Multi-factor Authentication, Compliance Management, Directory Services, Provisioning, Password Management), ByApplication (Document Verification, Authentication/identification, Screening),By End Use Industry (Government, Retail and Consumer Electronics, Transportation and Logistics, Media and Entertainment, IT and Telecommunication,BFSI, Energy and Utility, Healthcare, Automotive).

This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.