Physical identity and access management arrangements are approved by various enterprises owing to product and technology expansion, compliance mandates, and a better desire to achieve substitute user populations like a sharp emphasis on secure and timely access. Furthermore, a secure physical identity and access management (PIAM) is influencing the best-industry practice, which agrees to streamline approval processes and access request across multiple types of people, physical access systems, and user-access profiles. A automate and streamline physical security tasks is permit to access on PIAM platform by using pre-packaged approval. Furthermore, a physical identity & access management (PIAM) system is installed in various enterprises to circumvent fraud and unauthorized access, to maintain authenticity, and to maintain the process of smooth data sharing. This physical identity and access management (PIAM) solution approves one identity physical access rights. Additionally, physical identity and access management system is liable for access rights throughout the physical domain and automating lifecycle management of identities. This factor is boosting the demand of Physical Identity and Access Management (PIAM) market in coming years. The PIAM market is projected to develop consistently during the forecast period.
The global physical identity and access management market size is projected to grow USD 1,535 million by 2025 at a CAGR 14%.
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Global Physical Identity and Access Management market is segmented based on the Organization Size as Large and Small. On the basis of Vertical as, BFSI, IT and ITeS, Telecom, Energy and Utilities, Transportation.
Global Physical Identity and Access Management market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Physical Identity and Access Management market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
To calculate the market size, the report considers the End-Use Sector generated from the sales of Physical Identity and Access Management market manufacturers. The End-Use Sector generated from the sales of Physical Identity and Access Management manufacturer has been calculated through primary and secondary research.
The market size estimation also considered leading players End-Use Sectors as part of triangulation the key players considered are HID Global (US), AlertEnterprise (US), IDCUBE (India), Micro Focus (UK), Okta (US), Access Security Corporation (US), Gemalto (Netherlands), IBM (US), Oracle (US), AWS (US), Avatier (US), Wallix Group (France), Atos (France), Identiv (US), Nexus Group (Sweden), Alfrednet (Bucharest), Wipro (India), One Identity (US), Sequr (US), E&M Technologies (US), and WSO2 (US). Availability Services among others operating in the Physical Identity and Access Management market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes Products of segmentation determined using secondary sources and verified through primary sources.
The Physical Identity and Access Management Market has been segmented as below:
Physical Identity and Access Management Market, By Vertical
Energy and Utilities
IT and ITeS
Government and Defense
Physical Identity and Access Management Market, By Services
Implementation and Integration
Maintenance and Support
Physical Identity and Access Management Market, By Organization Size
Small and Medium-Sized Enterprises
Physical Identity and Access Management Market, By Component
Physical Identity and Access Management Market, By Region
Rest of World
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The global Physical Identity and Access Management market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.
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