Consumer IAM Market worth 17.6 billion by 2026 – Exclusive Report by MarketsandMarkets™
CHICAGO, Dec. 20, 2021 /PRNewswire/ — According to a research report “Consumer IAM Market with COVID-19 Impact Analysis, by Component (Solutions and Services), Solutions (Identity Governance, Identity Verification and Authentication), Deployment Mode, Organization Size, Vertical and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the CIAM #Market size is projected to grow from USD 8.6 billion in 2021 to USD 17.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The major driving factors contributing to the high growth rate of CIAM Market include Rise in security breaches and cyber-attacks; Demand to deliver a frictionless customer experience; Identity theft and frauds; and Growing awareness of regulatory compliance and access management tools.
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.