TechNavio recognizes the following companies as the key players in the Global Identity and Access Management Market: CA Technologies Inc., EMC Corp., IBM Corp., and Symantec Corp.
Commenting on the report, an analyst from TechNavio’s team said: “In recent years, the vendors in the Global IAM market have increased their R&D spending on IAM solutions. Leading vendors such as EMC, IBM, Symantec, and CA Technologies have increased their investment in the R&D of IAM solutions. Moreover, they are partnering with suppliers and value-added resellers for investing significantly in the R&D process. The increased focus on R&D and the establishment of partnership networks is helping vendors to introduce inexpensive and advanced solutions for customers. Further, the focus on R&D is helping vendors to introduce products with more accuracy and better integration ability. Thus, high accuracy, lower price, and integration ability is leading to the higher adoption of IAM solutions. Thus, the trend of increasing spending on R&D is expected to augur well for the growth of the market.”
According to the report, one of the major drivers in this market is the growing need for high-level data security in government departments. Government departments such as Intelligence, Defense, and Finance are the major adopters and users of IAM solutions. In recent years, the various government departments have made significant contributions to the market revenue.
Further, the report states that one of the major challenges in this market is the increasing complexity of network infrastructure. The increasing complexity of network infrastructure has affected the accuracy of IAM solutions, thereby posing a major challenge to the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are SafeNet Inc., Oracle Corp., Novell Inc., Quest Software, ActivIdentity, Gemalto, and Microsoft Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-identity-and-access-management-ma…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Identity and Access Management Market 2012-2016
