Organizations which succeed in understanding their customers in a better way, in addition to keeping their personal information intact and secure, fulfill today criteria to success, may it be a small retailer or a multi-national organizations. As a result, enterprises today are moving towards the adoption of consumer identity and access management. This not only helps organizations to have deep customer insights in order to maintain their brand image and deliver the products successfully, but also helps to store all the customer-related information in a safe and secure way. As the adoption of Consumer Identity & Access Management solutions increases, the market is anticipated to witness healthy double digit CAGR in the near future.
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Rising adoption of IoT and stringent government regulations, are the primary factors contributing to rise in Consumer Identity & Access Management market. Large multinational organizations find it inevitable to maintain, digital relationships with customers, in order to understand the need of their customers and shift their products accordingly. Owing to rising incidents of fraudulent transactions, the banking and finance sector is required to maintain bulk data about the customers, their transactions and their services. As a result, the banking and financial sector contributes significantly, towards Consumer Identity & Access Management. Moreover, the customer details are now required in nearly every sector and due to the rising number of advanced cyber threats and identity thefts, the Consumer Identity & Access Management is anticipated to witness healthy growth in near future.
In 2018, the global Consumer Identity & Access Management market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Consumer Identity & Access Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Consumer Identity & Access Management development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Media & Entertainment
Travel & Hospitality
Retail & Consumer Goods
Market segment by Regions/Countries, this report covers
Central & South America
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The study objectives of this report are:
To analyze global Consumer Identity & Access Management status, future forecast, growth opportunity, key market and key players.
To present the Consumer Identity & Access Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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This post was originally published on Industry Mirror