consumer iam market, consumer iam global market, consumer iam industry, consumer iam market outlook, consumer iam market share, consumer iam market size
How Much Can the Consumer IAM Market Grow in Size and What Factors Will Propel This Growth?
The consumer IAM market size has grown rapidly in recent years. It will grow from $12.42 billion in 2024 to $14.39 billion in 2025 at a compound annual growth rate (CAGR) of 15.8%. This significant growth during the historic period can be primarily attributed to the rise of digital transformation, increasing cybersecurity threats, proliferation of online services, regulatory compliance requirements, consumer demand for personalization, among other factors such as the adoption of mobile and social media, and increasing awareness of identity theft.
The market size is expected to witness rapid growth in the coming years, soaring to $27.99 billion in 2029 at a compound annual growth rate (CAGR) of 18.1%. The robust growth in the forecast period can be linked to the emergence of customer data platforms (CDPs), adoption of advanced authentication methods, increasing emphasis on customer loyalty, expansion of subscription services, and the globalization of online businesses. Major trends during this period include user-centric authentication methods, integration with customer experience platforms, and cloud-based CIAM services among others.
Get Your Free Sample of The Global Consumer IAM Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7990&type=smp
https://www.thebusinessresearchcompany.com/sample.aspx?id=7990&type=smp
What Are the Key Drivers of the Consumer IAM Market?
The rise in security breaches and cyber-attacks is expected to significantly propel the growth of the consumer IAM market going forward. Cyberattacks, which are illegal attempts to access computer systems and networks, often target customer identities for malicious activities, thus increasing the need for secure systems. CIAM provides data privacy protection and defense against fraud and abuse, such as identity theft, security theft, and cyber-attacks. For instance, the Australian Cyber Security Centre noted a 13% increase in cyber crime reports in 2022 from the previous year, with a count reaching 76,000 reports. The escalating security breaches and cyberattacks globally are driving the growth of the consumer IAM market.
What Are the Key Segments in the Consumer IAM Market?
The consumer IAM market covered in this report is segmented by:
1) Component: Solutions, Services
2) Organization Size: Large Enterprises, SMEs
3) Vertical: BFSI, Hospitality, Healthcare, Retail And E-commerce, Public Sector, Automotive, Education, IT, Transportation And Logistics, Other Verticals
Order your report now for swift delivery:
https://www.thebusinessresearchcompany.com/report/consumer-iam-global-market-report
https://www.thebusinessresearchcompany.com/report/consumer-iam-global-market-report
What Companies are Leading in the Consumer IAM Market?
Major companies in the consumer IAM market include International Business Machines Corp, Microsoft Corporation, Salesforce Inc., SAP AG, Broadcom Inc., Okta Inc., Akamai Technologies Inc., Ping Identity Corporation, ForgeRock Inc., LoginRadius Inc., and others like Acuant Inc., GlobalSign.In Pte Ltd., Trusona Inc., etc.
What Are the Emerging Trends in the Consumer IAM Market?
Advancements in technology are a major trend gaining traction in the consumer IAM market. Major market players are focusing on creating innovative technologies to maintain their position in the market. One such advancement was introduced by International Business Machines Corporation, a US-based technology company, which launched an updated version of its managed detection and response service powered by AI.
In Which Region is the Consumer IAM Market Growing the Most?
North America was the largest region in the consumer IAM market in 2024. The report also covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What Does The Consumer IAM Market Report 2025 Offer?
Commercial identity and access management (CIAM) refer to the methods used by organizations to verify and authorize customer identification and access to applications and services. The Consumer IAM Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7990
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7990
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
Twitter: https://twitter.com/tbrc_info
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model