Consumer Identity and Access Management (IAM) Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the global Consumer Identity and Access Management Market size is predicted to reach USD 38.65 billion with a CAGR of 14.5% by 2030.

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The increasing frequency and sophistication of cyber-attacks and data breaches are compelling businesses to adopt strong consumer identity and access management (CIAM) solutions.

Moreover, the rising adoption of smart devices such as smartphones, wearables, and home automation system are significantly accelerating the consumer identity and access management market demand.

North America dominates the global consumer identity and access management market share and is potently expected to remain dominant in the market throughout the forecast period.

Various market players operating in the consumer identity and access management industry include Microsoft Corporation, IBM Corporation, Oracle Corporation, Broadcom Inc, Salesforce Inc., BIO-key International, Inc., Akamai Technologies Inc., ConnectWise, LLC, ForgeRock Inc, CyberArk, and others.