Cloud-based Identity and Access Management Market solution provides growth opportunity to the market

Ben Wood

83
views

Cloud-based Identity and Access Management Market solution provides growth opportunity to the market

Enterprises are rapidly embracing cloud-based applications, resulting in increased cloud traffic.

One of the primary driving factors for Identity and Access Management market growth is the cost-effectiveness of cloud-based IAM services. Enterprises are rapidly embracing cloud-based applications, resulting in increased cloud traffic. Global cloud IP traffic is estimated to exceed 14 ZB by the end of 2020, up from 4 ZB in 2015, according to Coherent Market Insights' analysis. Furthermore, cloud-based IAM will assist organisations in reducing infrastructure costs and reducing the complexity of administering access controls and compliance for users by preventing data breaches. The advent of identity-as-a-service (IDaaS), which is a security verification solution produced and operated by a third-party service provider that allows employees to access cloud-based apps through a single sign-on (SSO) process, is another factor assisting the market's expansion.

Click here for Identity and Access Management Market Report:

https://www.coherentmarketinsights.com/market-insight/identity-and-access-management-market-1523