This market research report includes a comprehensive segmentation of the global access control as a service market by application (network access control as a service and data access control as a service). It outlines the market shares for key regions such as the Americas, EMEA, and APAC. The key vendors analyzed in this report are Cisco, IBM, Microsoft, and Symantec.
Technavio’s market research analysts estimate the global ACaaS market, to grow at a CAGR of over 24% between 2016 and 2020. The adoption of bring your own device (BYOD) policy by organizations to improve their mobility and productivity is a key driver for the tremendous market growth. This policy has increased the demand for data and network access control from remote locations.
The new market research report from Technavio provides a breakdown and analysis of the ACaaS segments by technology.
“Emergence of identity as a service (IDaaS) is one of the latest trends being witnessed in this market. IDaaS is a security verification concept that is developed and controlled by a third-party service providers and allows employees to access cloud-based applications through an SSO process. The increased deployment of cloud computing in several enterprises has led vendors such as Ping Identity, Okta, and Centrify to offer IDaaS solutions,” says Amrita Chaudury, Lead Analyst, ICT, Technavio Research
Data access control as a service accounted for a larger market share with over 55% of the market. Data access control as a service is also expected to witness high revenue growth during the forecast period with a CAGR of over 25%.
The leading vendors in the global ACaaS market are Cisco, IBM, Microsoft, and Symantec. This market is a highly fragmented, niche market with the presence of limited number of vendors. Providers in the market compete based on pricing, innovation, service, reputation, distribution, and promotion. As the market is still in its development stage, small vendors with innovative solutions have the chances of being acquired by large players in the market.
A more detailed analysis is available in the Technavio report, Global ACaaS Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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