The Personal Identity Management market size is estimated to grow from USD 7.37 Billion in 2018 to USD 12.76 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 11.61%.
“Personality Identity Management or PIM indicates to a set of standards, algorithms, and rule by which the any individuals and organizations control the use and sharing of confidential information with other organizations or individuals. As the people are growingly leaving their digital imprints across various channels and media, the companies are able to take advantage of this data and use it as a part of targeted marketing or other marketing strategies. The information can also be used for any monitoring or verification purpose. Personal Identity Management Market are applicable for securing and maintaining customer profile database, authentication while accessing services of a company by customers, and others. The global personal identity management industry has witnessed rapid growth in the recent years, owing to rise in the utilization of mobile devices including smartphones, laptops, and tablets.”
The report starts with a market overview and provides market definitions and analysis of drivers, constraints and key trends. The following sections include analysis of trade activities, end users, types of transactions, and the Global Personal Identity Management Market by region. This section assesses the global market based on a variety of factors covering current scenarios and future prospects. The report also provides regional data for local and international companies.
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Global Personal Identity Management Market Key Players-
IBM Corporation (U.S.), VMware (U.S.), CA Technologies (U.S.), Microsoft (U.S.), Oracle (U.S.), and others.
Factors affecting the growth of the personal identity management market include growing utilization of mobile devices, increasing threats of cyber-attack, and stringent government regulation for data security. Now-a-days variety of services offered by companies, application, and functions are available on mobile devices. Thus, sensitive data including credit card numbers, user names, and passwords are being stored on mobile devices which require effective Personal Identity Management Market solutions for the protection of critical information. Government mandates are also supplementing the utilization of personal identity management solutions in organizations in various regions across the world including North America, Europe, Asia-Pacific, Africa, and others.
There is huge increment in data theft cases which propel the growth of the market. However, difficult, complex, and time-consuming process for users to access their own information restrict the adoption of the Personal Identity Management Market. Moreover, emerging trend of IoT (Internet of Things) among various industries including banking, IT & telecom, retail, energy & power has made devices and applications more vulnerable to cyber-attacks which is likely to provide huge growth opportunities to the personal identity management industry.
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Across the globe, the Personal Identity Management Market has been fragmented into several regions such as North America, Latin America, Asia-Pacific, Africa, Europe, and the Middle East. To understand the competitive landscape of the Personal Identity Management Market, various industries have been analyzed by applying industry-specific tools. This informative report offers informative data that helps to shape the future of the businesses. It offers some significant restraining factors which help to understand the limiting factors in front of the businesses. Collectively, this research report offers recommendations to different industries, startups for strengthening their footprint in the global market.
In This Study, The Years Considered To Estimate The Size Of Personal Identity Management Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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Table of Content:
Global Personal Identity Management Market Research Report
- Market Overview
- Competition Analysis by Players
- Company (Top Players) Profiles
- Personal Identity Management Market Size by Type and Application
- US Market Status and Outlook
- EU Development Market Status and Outlook
- Japan Market Development Status and Outlook
- China Market Status and Outlook
- India Personal Identity Management Market Status and Outlook
- Southeast Asia Market Status and Outlook
- Market Forecast by Region, Type, and Application
- Market Dynamics
- Market Effect Factor Analysis
- Research Finding/ Conclusion
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