The global Identity & Access Management market is projected to grow significantly, from USD 17,246.2 million in 2025 to USD 73,276.8 million by 2035 an it is reflecting a strong CAGR of 12.2%.

Attributes	Description
Industry Size (2025E)	USD 17,246.2 million
Industry Size (2035F)	USD 73,276.8 million
CAGR (2025 to 2035)	12.2%

Country-wise Insights

Countries	CAGR from 2025 to 2035
India	15.6%
China	14.5%
Germany	10.8%
Japan	13.1%
United States	12.0%

Category-wise Insights

Solution	CAGR (2025 to 2035)
Advanced Authentication	14.2%

End User	Value Share (2025)
BFSI	24.8%

Competitive Landscape

Company Name	Estimated Market Share (%)
Microsoft	22-27%
IBM	15-20%
Okta	12-18%
CyberArk	8-12%
ForgeRock	6-10%
Other Companies (combined)	25-35%

The identity and access management market size is projected to grow from $19.5 billion in 2024 to $75 billion by 2035, representing a CAGR of 13% during the forecast period 2024-2035

According to Cognitive Market Research, the global Identity and Access Management (IAM) market size will be USD 16512.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 6605.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4953.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3797.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 825.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 330.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031.
The Workforce IAM category is the fastest growing segment of the Identity and Access Management (IAM) industry

Market Dynamics of Identity and Access Management (IAM) Market

Key Drivers for Identity and Access Management (IAM) Market

Rising Cybersecurity Threats to Boost Market Growth

Rising cybersecurity threats are a significant driver for the Identity and Access Management (IAM) market, as organizations face an increasing number of data breaches, identity theft, and cyberattacks. Hackers are targeting weak access controls to gain unauthorized entry into systems, making it essential for businesses to adopt IAM solutions to safeguard sensitive information. IAM systems, including multi-factor authentication (MFA) and Single Sign-On (SSO), help strengthen security by ensuring only authorized users can access critical systems. With cybercriminals employing advanced tactics, such as phishing, ransomware, and credential stuffing, businesses are prioritizing IAM solutions to mitigate risks. These security solutions not only protect against data breaches but also help organizations comply with strict regulatory requirements, further driving the demand for IAM systems. For instance in August 2022, Saviynt, a provider of advanced identity and access governance solutions, secured USD 205 million in growth funding from AB Private Credit Investors' Tech Capital Solutions group. The company plans to utilize this investment to address the increasing demand for its integrated identity platform and to drive further innovation.

Growing Use of Cloud Services to Drive Market Growth

The growing use of cloud services is a major driver for the Identity and Access Management (IAM) market, as more businesses migrate their operations to cloud environments. Cloud platforms offer flexibility, scalability, and cost-effectiveness, but they also introduce security challenges related to user access and data protection. IAM solutions are essential for securing cloud-based systems by managing user identities and ensuring that only authorized individuals can access sensitive data and applications. Cloud IAM solutions, which support multi-factor authentication (MFA), Single Sign-On (SSO), and centralized access controls, help organizations secure their cloud infrastructure. As businesses continue to embrace cloud technologies and hybrid environments, the need for robust IAM systems to mitigate security risks, ensure compliance, and protect against unauthorized access will continue to grow, driving the IAM market forward.

Restraint Factor for the Identity and Access Management (IAM) Market

High Implementation Costs will Limit Market Growth

High implementation costs are a significant restraint for the Identity and Access Management (IAM) market, particularly for small and medium-sized enterprises (SMEs). The initial investment in IAM solutions can be substantial, as it involves purchasing software, hardware, and services, along with integration and customization to fit existing IT infrastructure. Additionally, ongoing maintenance, updates, and the need for specialized personnel to manage IAM systems add to the overall cost. For many organizations, these expenses may be prohibitive, delaying or limiting their adoption of IAM solutions. The compl...

The Global Consumer Identity and Access Management Market is Segmented by Component (Solutions, Services), by Deployment (On-Premises, and Cloud Based), by End-user Industries (BFSI, Healthcare, IT and Telecom, Government, Energy and Utilities), and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Persona led the global identity and access management (IAM) software industry in 2025 with a market share of 52.11 percent, followed by OpenID Connect and Microsoft. The source indicates that IAM technology or platform allows for appropriate access assignment to resources across a wide array of technology environments. Please see "Details" for more information on the research methodology.

The global Identity and Access Management (IAM) market generated revenues estimated at nearly 16 billion U.S. dollars in 2022. It is forecasted that the market value of IAM will increase to 43.1 billion U.S. dollars by 2029. IAM refers to a framework of policies, business processes, and tools used to regulate and facilitate the appropriate access to a company’s resources.

The Report Covers Global Cloud Identity and Access Management (IAM) Software Market Analysis and is segmented by size of organization (SMEs and large organizations), solution (audit, compliance, and governance; single sign-on (SSO) and federated provisioning; privileged access management; directory service); deployment (public, private, and hybrid); end-user vertical (BFSI, healthcare, retail, entertainment, and media; IT and telecommunications; education); and geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Global Identity & Access Management (IAM) Market will grow at a CAGR of 12.4% during the forecast period, with an estimated size and share crossing USD 49.21 billion by 2032.

According to recent data, the worldwide identity and access management (IAM) market generated approximately 16.17 billion U.S. dollars in revenue during 2023, a significant increase when compared to the previous year. This market is then forecast to grow by over two billion U.S. dollars in 2024, reaching around 18.5 billion U.S. dollars.

What is IAM?

This market refers to a set of technologies and policies within the realm of cyber threat intelligence, implemented within an organization to ensure authorized users have appropriate access to resources while reducing some of the common cyber security threats. These resources may include company data on the cloud or on-premises - providing access to various users, including employees, partners, customers, and via a variety of hardware such as routers, smartphones, and computers.

Why are businesses looking at IAM?

Implementing an IAM system aims to improve security measures and maintain confidentiality within a company. Business leaders and IT departments face increasing pressure to protect access to corporate resources at a time with high levels of cybercrime, making it necessary to automate tasks and enable granular access control and auditing of all assets. IAM replaces manual processes that are prone to errors in assigning and tracking user privileges, both on-premises and in the cloud, using robotic process automation or artificial intelligence. This is evident from reports that security automation reduces the costs of a data breach in an organization.

The global cloud identity and access management market is poised to increase from USD 4.38 billion in 2024 to USD 53.91 billion by 2037, registering a CAGR of more than 21.3% during the forecast period, from 2025 through 2037. Key industry players include Quest Software Inc. (OneLogin, Inc.), Delinea Inc., Ping Identity Corporation, among others.

Identity and Access Management Market size was valued at USD 20.86 Billion in 2024 and is projected to reach USD 58.2 Billion by 2031, growing at a CAGR of 15.10% during the forecasted period 2024 to 2031.

The identity and access management (IAM) market is driven by the growing need for robust cybersecurity solutions amid increasing incidents of data breaches and cyberattacks. The rising adoption of remote work, cloud computing, and IoT devices has heightened the demand for secure access control and identity verification systems. Regulatory compliance requirements, such as GDPR and CCPA, further propel the adoption of IAM solutions across industries. Additionally, advancements in technologies like biometrics, artificial intelligence, and blockchain are enhancing the capabilities of IAM systems, driving their appeal. The shift towards zero-trust security frameworks and the increasing emphasis on digital transformation are also significant factors fueling market growth.

According to Cognitive Market Research, the global Identity and Access Management IAM market size will be USD 23514.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 15.60% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 8700.37 million in 2025 and will grow at a compound annual growth rate (CAGR) of 14.0% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6819.21 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 5643.48 million in 2025 and will grow at a compound annual growth rate (CAGR) of 18.5% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 893.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.3% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 940.58 million in 2025 and will grow at a compound annual growth rate (CAGR) of 17.0% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 517.32 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2025 to 2033.
BFSI category is the fastest growing segment of the Identity and Access Management IAM industry

Market Dynamics of Identity and Access Management IAM Market

Key Drivers for Identity and Access Management IAM Market

Rising Cybersecurity Threats and Data Breaches to Boost Market Growth

Identity and Access Management (IAM) solutions help businesses enforce stringent authentication and authorization controls, reducing the risk of unauthorized access. Regulatory bodies across industries, such as healthcare, finance, and government, mandate compliance with strict data protection laws, further driving IAM adoption. Additionally, as organizations transition to remote work and cloud-based environments, ensuring secure user access has become critical. Multi-factor authentication (MFA), single sign-on (SSO), and biometric authentication are gaining traction as part of IAM frameworks to mitigate security vulnerabilities. The need for enhanced security postures, along with growing awareness about cyber risks, is significantly propelling the IAM market’s expansion. For instance, Aembit, a Workload identity and access management startup, raised USD 16.6 million in seed funding from CrowdStrike Falcon Fund. Through this partnership, the company aimed to deliver its Zero Trust strategy by assessing workloads' identities and health before permitting access to sensitive data resources.

https://aembit.io/press-release/aembit-secures-crowdstrike-investment-for-zero-trust-workload-access/

Growth of Cloud Computing and Digital Transformation To Boost Market Growth

The rapid adoption of cloud-based solutions and digital transformation initiatives is fueling the demand for IAM solutions. As enterprises shift from traditional on-premises infrastructure to hybrid and multi-cloud environments, managing user identities and access privileges across different platforms has become increasingly complex. IAM solutions provide centralized access control, enabling organizations to ensure security while maintaining operational efficiency. Additionally, the rise of Software-as-a-Service (SaaS) applications has necessitated identity federation and seamless authentication across various cloud platforms. The growing reliance on digital services, e-commerce, and mobile applications has also contributed to the IAM market's growth as businesses seek to secure customer and employee identities.

Restraint Factor for the Identity and Access Management IAM Market

High Implementation Costs and Complexity Will Limit Market Growth

The adoption of Identity and Access Management (IAM) solutions often requires a significant financial investment, making it a major restraining factor. Organizations must allocate substantial budgets for licensing, hardware, and integration services, which can be a challenge, especially for small and medium-sized enterprises (SMEs). Additionally, implementing IAM involves integrating it with existing IT infrastructure, which can be complex and time-consuming. Many companies struggle with compatibility issues, legacy system upgrade...

The market value of India's identity and access management products in 2019 amounted to nearly six billion Indian rupees. This was estimated to cross 12 billion rupees by 2025. This marked a CAGR of over 12 percent between 2020 and 2025.

The identity & access management market is projected to grow from USD 17.25 billion in 2023 to USD 49.21 billion by 2032 at a CAGR of 12.4%.

The size of the Identity and Access Management Market was valued at USD 13.41 USD billion in 2023 and is projected to reach USD 22.83 USD billion by 2032, with an expected CAGR of 7.9% during the forecast period. Identity and Access Management (IAM) is a framework of policies, processes, and technologies designed to manage digital identities and control access to an organization’s resources. It ensures that the right individuals have appropriate access to systems, applications, and data while preventing unauthorized access. IAM involves key functions such as user authentication, authorization, provisioning, and de-provisioning of accounts, as well as managing roles and permissions. By implementing IAM, organizations enhance security, streamline operations, comply with regulations, and reduce the risk of data breaches or identity-related vulnerabilities. Key drivers for this market are: Increasing Adoption of Cloud-based Managed Services to Drive Market Growth. Potential restraints include: Risk Associated with Identity and Access Management to Hamper Market Growth. Notable trends are: Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.

The Identity And Access Management Market is projected to grow at 15.8% CAGR, reaching $39.17 Billion by 2029. Where is the industry heading next? Get the sample report now!

Explore the detailed segmentation analysis of the Identity and Access Management market. Understand detailed breakdown for each segment and uncover market opportunities.

The United States Consumer Identity and Access Management (IAM) Market is Segmented Cloud and On-Premise. The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The market size of the Identity Access Management Market is categorized based on Application (User Authentication, Access Control, Identity Federation, Privileged Access Management (PAM)) and Product (Single Sign-On (SSO) Solutions, Multi-Factor Authentication (MFA) Solutions, Identity Governance and Administration (IGA) Solutions) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Африка).

The global identity and access management (IAM) market size reached around USD 16.19 Billion in 2024. The market is projected to grow at a CAGR of 13.20% between 2025 and 2034 to reach nearly USD 55.94 Billion by 2034.