Identity and Access Management To See Boost by 2012
Identity and Access Management (IAM) is becoming a more viable solution for businesses, looking for efficient ways of identity management, according to market research firm RNCOS.
Identity and Access Management (IAM) is becoming a more viable solution for businesses, looking for efficient ways of identity management, according to a research report by RNCOS.
IAM deployments have largely been driven by businesses' trying to comply with the growing number of international regulatory requirements such as HIPAA, Sarbanes-Oxley and the Payment Card Industry's customer identity protection requirements, according to the RNCOS' "Identity and Access Management Market Forecast to 2012."
According to the report, the IAM market will grow at a CAGR of nearly 23% from 2009-2012 because more companies are investing in IAM solutions including improved security, productivity and reduced administration cost. Although the Americas dominate the worldwide IAM market; the EMEA and Asia-Pacific regions are expected to show huge growth, accounting for nearly 62% of the market by 2012.
The report offers extensive research and in-depth analysis of the global IAM market and provides insight into the current market trends dominating the market, according to RNCOS. It also forecasts various IAM technologies that are gaining recognition for the value they deliver to organizations, helping them to accommodate rapidly changing business demands, according to RNCOS.
The research study also offers insight into the IAM market for different operating environments such as Windows 32 and 64, UNIX and Linux. RNCOS said it authored the report to help clients analyze the opportunities, challenges and drivers critical to the growth of the identity management service industry.
RNCOS said the report is intended to forecast the direction of the market and is based on a correlation between the past market growth and the growth of base drivers.