Consumer Identity and Access Management Global Market Report 2021: COVID-19 Implications And Growth – Yahoo Finance

Major players in the consumer identity and access management market are IBM, Microsoft, Okta, Ping Identity Corporation, ForgeRock, LoginRadius, Janrain Inc. , Salesforce, SAP, Akamai Technologies, Onegini, Centrify Corporation, Mitek Systems Inc.
New York, Sept. 29, 2021 (GLOBE NEWSWIRE) — announces the release of the report "Consumer Identity and Access Management Global Market Report 2021: COVID-19 Implications And Growth" –
, LexisNexis Risk Solutions, GB Group Plc, Aware Inc., iWelcome, and Acuant Inc.

The global consumer identity and access management (CIAM) market is expected to grow from $19.41 billion in 2020 to $23.00 billion in 2021 at a compound annual growth rate (CAGR) of 18.5%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $45.56 billion in 2025 at a CAGR of 18.6%.

The consumer identity and access management market consists of sales of consumer identity and access management solutions and services by entities (organizations, sole traders, and partnerships) that enable users to offer quick, easy, unified, and secure access across digital channels.Customer identity and access management (CIAM) allow businesses to collect and maintain customer identity to better understand the customer, tailor the products, services, and individual customer engagements.

It also enables organizations to securely capture & manage profile data and control customer access to services and applications.

The main types of components in consumer identity and access management (CIAM) are solutions and services.Consumer identity and access management solutions enable customer login, self-service identity management, permission and choice management, single sign-on (SSO), multi-factor authentication (MFA), access management, directory services, and data access governance.

The different modes of deployment include cloud, on-premises and are deployed in various organization sizes such as large enterprises SMEs. It is implemented in various verticals such as banking, financial services, and insurance (BFSI), healthcare, IT and telecom, consumer goods and retail, energy and utility, the public sector, and others.

North America was the largest region in the consumer identity and access management (CIAM) market in 2020.Europe was the second-largest market in the consumer identity and access management (CIAM) market.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The growing technological advancements are shaping the consumer identity and access management market.Key players in the market are focusing on new technological innovations such as cloud-based services to gain a competitive advantage over competitors in the industry.

For example, in February 2020, Amazon Web Service’s AWS Identity and Access Management introduced new control access based on cloud technology for requests on behalf of the users. Using this control, customers can now grant access to their IAM principals to launch the Amazon Elastic Compute Cloud (EC2) through AWS CloudFormation.

In March 2021, Okta, a US-based IT service management company acquired Auth0 for $6.5 billion in an all-stock transaction. Through this acquisition, Okta has built a strong leadership position in identity and access management (IAM) and customer identity and access (CIAM) sectors. Auth0 is a US-based company that provides customer identity and access (CIAM) services.

The increasing usage of internet of things (IoT) devices is expected to propel the growth of consumer identity and access management market in the forecast period.The internet of things (IoT) is a system of interrelated, internet-connected objects which can collect and transfer data over a wireless network without human intervention.

IoT poses new security and privacy risks, possibly jeopardizing customer trust and the value of these new technologies.As a result, IoT organizations are adopting CIAM since it plays a critical role in ensuring user identity security.

For instance, according to the TechJury Report, 35 billion IoT devices are projected to be installed across the world by the end of 2021.

The countries covered in the consumer identity and access management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Read the full report:

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.


If you were planning to do a “Roth IRA” conversion to keep your retirement savings permanently out of the hands of the IRS, you might want to get on it. The new tax bill on Capitol Hill is going to scrap these conversions for everybody after the end of the year—and, no, not just for those earning more than $400,000 a year. The bill “prohibits all employee after-tax contributions in qualified plans and prohibits after-tax IRA contributions from being converted to Roth regardless of income level, effective for distributions, transfers, and contributions made after Dec. 31, 2021,” reports the House Ways & Means Committee.
Many growth stocks, however, fell even more. Three notable growth stocks that declined several percentage points or more were visual search and media platform Pinterest (NYSE: PINS), financial technology company Square (NYSE: SQ), and insurer Lemonade (NYSE: LMND). At about 1 p.m. EDT, shares of Pinterest, Square, and Lemonade were down about 2.2%, 2.5%, and 2.9%, respectively.
(Bloomberg) — Brightline Holdings, Fortress Investment Group’s rail company, will finalize the financing plans for its $8 billion project laying train tracks to Las Vegas from southern California within the next six months, Chief Executive Officer Michael Reininger said during a press briefing Tuesday.Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtThe Unstoppable Appeal of Highway ExpansionHSBC Bets Big on China as Pressure Mounts in
Yahoo Finance's Brian Sozzi, Julie Hyman, and Brian Cheung break down the morning's top stock movers, including Lucid & Sherwin-Williams
Peter Conti-Brown, Class of 1965 Associate Professor of Financial Regulation at The Wharton School of the University of Pennsylvania, joins Yahoo Finance Live to discuss why there needs to be more protocols around Fed officals stock trades and share his thoughts on Fed Chair Jerome Powell
Shares of Camber Energy (NYSEMKT: CEI) jumped 18.4% on Tuesday, as investors on social media sites ramped up their bets on the power solutions company. Camber's majority-owned subsidiary, Viking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells. Camber is also expanding into sustainable energy solutions to diversify its business and profit from the growth of alternative fuel sources.
Paltalk (NASDAQ:PALT) is a videoconferencing technology company that recently experienced a sudden price jump. We were interested if this action merits a deeper review, so we reviewed the fundamentals and their business model. Needless to say that this is a very high risk stock, and potential investors should try to get as much information as possible before making a decision.
What happened Chinese electric vehicle maker Nio (NYSE: NIO) just hit a new milestone at the same time that news came out of another upstart EV maker in the U.S. getting ready to jump in the game. With headlines about EV expansion swirling, Nio's American depositary shares are moving higher today.
Yahoo Finance's Julie Hyman, Brian Cheung, and Brian Sozzi break down the latest supply chain concerns from the top names in semiconductors. 
CoinDesk Learn Editor Ollie Leech explains Elon Musk's recent comments on crypto regulation and the fallout from China's most recent crypto crackdown. 
In this article, we will discuss 10 e-commerce and tech stocks to buy now according to Christopher Lyle’s SCGE management. If you want to skip our detailed analysis of Lyle’s history, investment philosophy, and hedge fund performance, go directly to 5 E-commerce and Tech Stocks to Buy Now According to Christopher Lyle’s SCGE Management. Christopher […]
Yahoo Finance's Julie Hyman breaks down Wednesday’s business headlines.
Wealthy Americans are scrambling to find the best way to minimize the hit from tax hikes in the Democrats’ infrastructure plan moving through Congress.
Yahoo Finance’s Jared Blikre reports on the day's trending tickers.
After barely making one debt payment last week, and apparently missing another, China Evergrande Group (OTC: EGRN.F) got a reprieve Wednesday — even as rumors swirled that the company may have missed a third payment today. As Reuters reports today, at least "some" of Evergrande's bondholders say they have not yet received their coupon payments on $47.5 million in interest due from Evergrande Wednesday. Now, that sounds like bad news, but here's the thing: Quoting "sources," Reuters also says (and other media outlets confirm) that Evergrande has reached a deal to sell to state-owned Shenyang Shengjing Finance Investment Group a 1.75 billion-share stake that Evergrande holds in Shengjing Bank.
Investors trading meme stocks spent Wednesday looking at a lot of red. The unofficial meme-stock index took a uniform pounding on Wednesday, with major names down significantly, and even a meme rotation into clean-energy names looked to slow down as retail investors found themselves playing an uneventful game of Whack-a-Mole trying to find heavily-shorted stocks to play for squeezes. Ur-memes like GameStop (GME) AMC Entertainment (AMC) Blackberry (BB) and Koss (KOSS) all closed down to continue a rough weekly trend, and even new names like Clean Energy Fuels Corp (CLNE) and Canoo (GOEV) could not benefit from what seemed like early-week momentum of meme-stock traders plunging into renewable and green-energy names.
ContextLogic (NASDAQ: WISH), which is often referred to by the name of its e-commerce platform, Wish, went public at $24 per share last December. Wish briefly became a "meme stock" and hit an all-time high of $32.85 back in early February, but its ugly first- and second-quarter reports scared the bulls away — and they might not ever come back.
(Bloomberg) — To Citigroup Inc., the legal brawl over a half-billion-dollar mistake that stirred wonder — and fear — on Wall Street could have been avoided with a simple phone call.Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtThe Unstoppable Appeal of Highway ExpansionHSBC Bets Big on China as Pressure Mounts in LondonHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThat’s what Neal Katyal
In this article, we will take look at the 10 best silver mining stocks in 2021. You can skip our detailed analysis of silver mining companies and their future outlook, and go directly to see the 5 Best Silver Mining Stocks in 2021. During uncertain times, investors often take refuge in precious metals. Especially during […]
The Dow Jones Industrial Average edged higher, despite Senate Minority Leader Mitch McConnell blocking a Democrat debt move. Boeing was the top blue chip in the stock market today, while Intel lagged. EV leader Tesla showed strength.