Lewes, DE -- (SBWire) -- 02/11/2016 --Report forecast the global personal identity management market to grow at a CAGR of 33.34% during the period 2016 - 2020.
Mobile devices are increasingly being used by enterprises and consumers alike. These are becoming the preferred devices for web browsing, e-mailing, social networking, application downloads, and transactions. Therefore, the security of mobile devices is becoming a priority for individual consumers and enterprises alike, leading to an increased adoption of personal identity management solutions. Personal identity management broadly encompasses the protection of mobile devices from malware, data theft, unauthorized access, viruses, spyware, hackers, online identity theft, and accidental loss.
The consequences of malicious identities gaining access to personal information can be disastrous and irreparable. Personal identity management is a security solution that ensures the accessibility of resources to authorized individuals in a multi-technology environment. Personal identity management solutions provide secure identity-based access to mobile applications and information from any location. These solutions help enterprises secure application systems by permitting employee access with a single sign-on (SSO) password.
The report covers the present scenario and the growth prospects of the global personal identity management market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of personal identity management software, which includes mobile identity and content management software. It is used in mobile devices such as smartphones, tablets, and laptops to implement bring-your-own-device (BYOD) security.
The market is divided into the following segments based on application:
- Access control
- Content management
Global Personal Identity Management Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the most significant developments is the increased use of smartphones for making online transactions. Mobile devices provide users with a convenient way to conduct monetary transactions like buying goods, redeeming coupons, booking tickets, and processing point-of-sale payments.
Further, the report states that identifying and preventing security threats from infecting networks continues to be a major challenge for most vendors.
Key players in the Global Personal Identity Management Market: Citrix Systems, Good Technology, IBM, MobileIron and VMware.
Other Prominent Vendors in the market are: Alfresco Software, CA Technologies, Colligo Networks, SAP, Sophos, SOTI, Symantec, Centrify, Fischer International, Okta and OneLogin.
Market driver
- Increased use of mobile devices
- For a full, detailed list, view our report
Market challenge
- Lack of efficient security solutions
- For a full, detailed list, view our report
Market trend
- Increased number of distributed denial of service (DDoS) attacks
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 44 pages "Global Personal Identity management 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market description, Market landscape, Technology life cycle analysis, Market segmentation by application, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Five forces model, Vendor analysis, Appendix.
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