Identity Analytics Market Size To Expand at a Notable CAGR Of 30% During 2018 - 2023

Pune, India, February 19th, 2019, MRFR Press Release/- Market Research Future published a half-cooked research report on the Global Identity Analytics market.

Regional Analysis

The market for identity analytics market is estimated to grow at a significant rate during the forecast period 2018 to 2023. The geographical analysis of Identity Analytics market is studied for North America (U.S, Canada, and Mexico), Europe (Germany, U.K, France, Russia, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, South Korea and Rest of Asia-Pacifc), and the Rest Of The World (including the Middle East & Africa, and South America).

Currently, North America is a leading market in Identity Analytics. North America is an established region in terms of advanced infrastructure and is widely known as an early adopter of new technologies. Advancements in technologies such as IoT, AI and cloud computing offer opportunities for the development of Identity Analytics solutions in the region.

Europe is the second highest revenue generating market for identity analytics. High adoption of identity access management solutions by IT & telecommunication, and government sector, and government plan to increase spending on identity analytics and presence of key players such as Propentus, and Beta Systems in the region are the prime factors for the growth of European identity analytics market.

Asia-Pacific is projected to grow with fastest growing CAGR. Increasing trend of BYOD among enterprises, government support for digitization, and development in network technologies such as 4G, and 5G, are the prime factors behind the growth of the market. China is the leading market whereas, India, followed by Singapore and Australia are projected to register highest growth rate in the coming years.

Middle East & Africa is showing significant growth in identity analytics market due to government initiative to promote digitization in the countries such as UAE. Whereas, South America is witnessed to grow with fastest growing CAGR, as industries in this region are investing heavily in digital and automation technologies. 

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Market Segmentation:

The global Identity Analytics market is segmented into component, deployment mode, organization size, application, vertical, and region. By component, the market is segmented into hardware, solution, and services. Hardware segment is further sub-segmented into security devices, and servers. Whereas, services segment is further sub-segmented into professional and managed services. By deployment, the market is segmented into on-premise, on-cloud and hybrid. By organization size, the market is sub-segmented into SMEs and large enterprises. By application, the market is classified into account management, fraud detection, threat management, risk scoring and evaluation, data analytics, and others. By vertical, the market is classified into BFSI, Government & defense, IT & Telecommunication, Retail, manufacturing, energy & utilities, transportation, and healthcare among others.

Key players

MRFR has considered Oracle, Verint Systems, LogRhythm, Quantum Secure, NetIQ, Hitachi ID Systems, SailPoint Technologies ,Gurucul, Evidian, Brainwave GRC, ID Analytics, Nexis GmbH, IDAX Software, Novetta, Net Owl, Anomalix, Traxion, Propentus, Beta Systems, and ThreatMetrix among some of the key players in Identity Analytics market.

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