Cyber security is an important concern against
online threats embarking on greater today’s ever changing digital changing
landscape. It has now become vibrant amongst organization due to rapidly growing
frauds, cybercrimes, risk, threats, and vulnerabilities. The new disruptive and
emerging technologies over banking, retail, information technology, defense, &
manufacturing sectors have are offering to new capabilities, facilitating
automation, and offering the ease over the past years. However, such
technologies have also emerging of a potent factor in the development of the global
threat landscape of exploits, vulnerabilities, and malware. The rise in
popularity of digitalization bound organizations to comprehensively rely on
digitized information. Sharing of a vast data over an external and internal
environment across the globe has further made organizations as an easy target
for the cybercrime over different forms of attacks. The cloud segment is further
expected to exhibit a significant growth in the cyber security identity
and access management market during the forecast period.
The
companies are adopting new technologies such as Internet of things (IoT),
machine learning, and big data for safeguarding against any cyber-attacks. The cyber security
market research reports include analysis for most of the companies operating in the
market. There is a shift from a signature-based malware detection system to a
loT-enabled machine learning system. This shift will assist for understanding the
ambiguous activities, events, and further assisting for detecting and identifying
the uncertain threats. The ever rise in loT based services, the adoption of IoT
solutions and services have also led to increase in IT security based
applications. Additionally, big data technology is supporting organizations in
studying and analysing the other potential risks associated. Based on analysis
it is estimated impact of such technologies may further need wide scale adoption
of loT and Al market will register an exponential rise in the cyber security
solutions.
The
rise in web-based applications, risk management solutions such as policy-based
compliance, and audit management combined with low cost control measures are
the key factors driving the Identity access management market. Moreover, the proliferation
of features such as Bring Your Own Devices (BYOD), Internet of Things (IoT),
mobility, and remote workforce has compelled organization to accept IAM
solutions, thereby driving the growth. Identity and access management focused on
forming capabilities for supportive access management and associated compliance
needs. The solutions not only focus on provisioning technology, preventing user
for realizing the value of the implementation. The growing investment coupled
with demanding R&D activities have augmented proliferation of advanced IAM
products providing flexibility in ease-of-use and providing necessary control
to meet the process requirements.
Identity
access management is highly intensive on started capabilities for supporting
access-based compliances and management requirements. These new and innovative
solutions are expensive and have restricted use. These solutions have evolved by
reducing costs, risks, and enhancing operational efficiencies of the organizations.
The Identity and access management market growth is further accredited to
increase in concerns associated to data exposure, data loss, data leakage,
insider attacks, and insecure usage.
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