The Identity and Access Management (IAM) market is projected to grow at 13% annually, reaching over $24 billion by 2025.
This explosive growth stems from several key drivers: remote and hybrid work models creating demand for secure, flexible access control; cloud adoption introducing complexity in identity management across platforms; and regulatory compliance (e.g.,GDPR, CCPA) requiring strict identity governance to avoid penalties. Emerging trends in AI and machine learning integration as well as password-less authentication all rely on IAM, but perhaps the most significant call for this technology is in Zero Trust architectures. Zero Trust relies on continuous identity verification, making IAM foundational to implementation.
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