Research: Identity and Access Management Market to Reach $26 Billion by 2027

  • Jul 05, 2022

A new study from Juniper Research has found that global spend on identity & access management solutions will rise from $16 billion in 2022 to $26 billion by 2027; representing an absolute growth of 62% over the next 5 years.

Identity & access management includes B2B security solutions that enable the monitoring and management of users’ access to an enterprise’s applications, databases and IT services.

Key Drivers: The increasing demand for identity & access management will originate from small businesses which, until the proliferation of the subscription model, were often unable to afford comprehensive suites of identity & access management services.

The new research found that 94% of global identity & access management spend will be attributable to the subscription model by 2027; rising from 60% in 2022. It anticipates that the use of the subscription model will become increasingly popular amongst small businesses, by minimizing the initial acquisition cost of identity & access management services.

Additionally, the subscription model will enable service vendors to provide regular software updates that continually improve the value proposition of their platforms. The research found that annual spend on identity & access management solutions by small businesses via subscription models will surpass $370 million globally by 2027, up from $178 million in 2022. In turn, identity & access management vendors must capitalize on this growth by developing flexible pricing models that appeal to the small business sector.

Furthermore, as enterprise adoption of cloud computing infrastructure increases, so too will the demand for effective cybersecurity policies to prevent revenue losses. The report anticipates that identity & access management solutions will represent a significant cornerstone of corporate cybersecurity initiatives, as firms seek to meet increasingly stringent regulatory compliances; driving market growth.

Featured

  • Security Industry Embraces Mobile Credentials, Biometrics and AI, New Trends Report From HID Finds

    As organizations navigate an increasingly complex threat landscape, security leaders are making strategic shifts toward unified platforms and emerging technologies, according to the newly released 2025 State of Security and Identity Report from HID. The comprehensive study gathered responses from 1,800 partners, end users, and security and IT personnel worldwide, and reveals a significant transformation in how businesses are approaching security, with mobile credentials and artificial intelligence emerging as key drivers of innovation. Read Now

  • UK’s NHS Hospital Transforms Security with Edge-processing Camera System

    i-PRO Co., Ltd.,(formerly Panasonic Security), a manufacturer of edge computing cameras for security and public safety, recently announced that a leading teaching hospital in Northeast England, has enhanced its security infrastructure with i-PRO X-Series cameras integrated with Milestone’s XProtect Video Management Software (VMS). Read Now

  • Gun Violence Report Finds Retail Spaces, K-12 Schools Most Targeted

    ZeroEyes, the creators of the only AI-based gun detection video analytics platform that holds the U.S. Department of Homeland Security SAFETY Act Designation, today announced the release of its annual Gun Violence Report, offering a deep dive into the landscape of gun-related incidents across the United States. This analysis extends beyond mass fatality events, providing a more nuanced understanding of when, where, and why shootings occur. Read Now

  • Agentic AI Will Revolutionize Cybercrime in 2025 According to New Report

    Malwarebytes, a provider in real-time cyber protection, recently released its 2025 State of Malware report, which reveals insight into the emergence of agentic artificial intelligence (AI), plus the year’s most prominent threats and cybercrime tactics. The report details a significant uptick in the number of known ransomware attacks, the total value of ransoms paid in 2024, and how IT teams can address them. Read Now

Most   Popular

New Products

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.