Global Consumer IAM Market: Key Highlights
Global Consumer IAM Market: Key Market Dynamics
Global Consumer IAM Market: Regional Overview
The Asia-Pacific is becoming a major region for the fastest adoption for digital platforms. The Australian Competition and Consumer Commission recommendation several concepts for the growth of GDPR and extensive reforms to the privacy policy in its digital platforms. Moreover, Thailand introduced its first data protection law that the whole of the Malay Peninsula is now subject to data protection regulation. Japan becomes the second country in Asia-Pacific to have been granted an adequacy decision, after New Zealand. Furthermore, Asia-Pacific is becoming increasingly important and increasingly difficult to maintain compliance with the regulatory data protection laws.
Europe is estimated to be the second-largest region in terms of market size. The General Data Protection Regulation (GDPR) is a regulation in European Union’s (EU) which builds the data protection rule to cover all citizens of the EU and European Economic Area. It also gives control of their data back to the individual as well as restricting its transfer outside of the EU. However, European service to provide cloud-based identity and access management (IAM) solutions and on-demand Single Sign-On (SSO) services hosted with two providers with EU operations such as Rackspace and Softlayer. Europe is a major part of the IAM growth strategy that is continually expanding in technical as well as in business development.
Global Consumer IAM Market: Key Players Overview
Salesforce.com, Inc. is a cloud-based software company that provides customer relationship management service, marketing automation, analytics, and application development. The company is one of the best web-based flexible and major database suppliers in the market. However, the company IAM services connect the users to the applications, services, and devices. It also provides management services for admins and identity for the end-users. According to the KuppingerCole in 2017, Salesforce rated as the overall leader in consumer identity and access management (CIAM). In the last few years, CIAM has emerged the need of the business. Moreover, the business delivers more digital experiences such as storing, collecting and the growing volume of data.
The International Business Machines (IBM) Corporation is a global technology company which provides the solution such as cloud computing, hardware, software, and cognitive computing. However, the company is a leading player in the cloud platform and cognitive solution. The IBM Cloud provides cloud IAM services to various end user consumers for identity management. The company provides IAM services which includes access management solutions, authentication, access management, and identity governance. In 2017, IBM announced a new service that will be coming through IBM Cloud which is designed to manufacture how employees access the business applications. Furthermore, IBM enables organizations to adopt cloud for the IAM program for enhancing identity and access management capabilities.
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