Identity and Access Management Market Size

Identity and Access Management Market Future Prospects

The global identity and access management market size was USD 21.56 billion in 2024, and it is expected to advance at a CAGR of 15.20% during the forecast period (2025–2032), to reach USD 66.31 billion by 2032.

Identity and access management is a security discipline that enables authorized users to access proper resources at appropriate times and for apt reasons. This solution enables end users to ensure that access to various technical environments is only allowed to the appropriate personnel. The solution also enables safe, identity-based access to a wide range of applications, systems, and data from any place.

It has a large client base throughout the world, owing to its low cost and the presence of a large number of suppliers. The increased desire for technical developments, as well as emerging trends such as bring-your-own-device (BYOD) and identity management tools, will boost buyer power even further. Due to these industry trends, the market has seen continuous growth in expenditure on security solutions and enterprise mobility. Moreover, various SMEs are predicted to be involved in these initiatives, as old cost structures are being replaced by appealing pricing offers such as usage-based pricing and a monthly subscription to IAM solutions and services.