By Lloyd McCoy
Manager, Market Intelligence
Identity Access Management is about enabling the right individuals to access the right resources at the right times for the right reasons. Most organizations today recognize the importance of Identity Access Management and the impact it can have on its business operations. Companies of all sizes strive to provide employee access to do their jobs but still maintain the privacy and accuracy required by law.
A recent IDC study forecast the worldwide identity and access market to increase to $7.4 billion in 2017. Revenues in 2014 were just $4.8 billion – an 8.3% CAGR. IDC also cites two main IAM market drivers:
- An increased focus on insider threat. Organizations are concerned about what is called behavior analytics. Companies are beginning to strengthen the identity validation process and monitor employee behavior.
- The need for privileged access management. Monitoring and protecting superuser accounts in an organization’s IT environments is essential to avoiding misuse or abuse. Unmanaged superuser accounts can lead to loss or theft of sensitive corporate information or malware that can compromise the network.
IDC identifies IAM submarkets as:
- Single sign-on
- Privileged access
- Legacy authentication
Single sign-on, privileged access management and strong authentication show the strongest growth rates.
As an Arrow solutions provider, you can take advantage of this market opportunity with our Empower Secure Enterprise solution. This service offers proven leading technologies to help protect your customers’ businesses. In addition, Arrow’s Solution Practice Leaders are well versed in data center security market opportunities and supplier solutions; and they can provide the business planning expertise you need to leverage this opportunity and build your security practice.
If you would like additional information about how Arrow can help you with IAM, please contact your Arrow representative.