The global identity and access management market is expected to reach USD 24.55billion by 2022, according to a new report by Grand View Research, Inc. Increased spending by large scale enterprises and government organizations along with stringent regulatory compliances are expected to drive industry growth. Rise in web-based applications, risk management such as policy-based compliance and audit management combined with cost containment are the key factors driving demand. Additionally, growing popularity of connected devices, Bring Your Own Device (BYOD) and Internet of Things (IoT) are projected to positively impact the identity and access management market.
http://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam
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