Physical Identity And Access Management (PIAM) Market Size, Share & Trends Analysis Report By Offering (Software, Services), By Product, By Application (BFSI, Defense & Security, Airports), By Region, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global physical identity and access management (PIAM) market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 14.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The growing demand for corporate asset security and unified risk management, especially in large enterprises, is anticipated to drive the growth of PIAM market over the forecast period. With the increasing globalization and associated complexity of operations, organizations face a tumultuous task of assessing and managing risks within the company's assets, which are often spread across different geographies. In addition, organizational silos created by the security and Information Technology (IT) departments of companies have generated a drastic demand for a holistic management solution, which can be addressed by the physical identity and access management software.

The PIAM software offers identification, authentication, and access management of various entities including employees, visitors, contractors, service providers, and partners. It helps organizations to track and manage identity lifecycle, onboarding/off-boarding, badging, and access provisioning and is pivotal in enforcing policies and compliance. The market is expected to witness substantial growth in areas with stringent security compliances, including airports, logistics and utility companies, and government sectors. Furthermore, security protocols and policies in emerging sectors such as IT and telecom and BFSI are fueling the demand for these solutions.

Technologically developed regions, including North America and Europe, are anticipated to be at the helm of industry developments while the Asia Pacific region is expected to witness steep growth rate over the next six years. The integration of Operational Technology (OT) and IT security strategies and centralized administration of access control systems would drive future ventures in the industry with a special focus on the convergence of risk intelligence and policy enforcement.

Further key findings from the study suggest:

• The software segment is anticipated to exhibit the highest CAGR over the forecast period owing to the increasing deployment of physical identity and access management systems by corporates for central control of identities of employee, contractors, and vendors

• The BFSI segment is expected to emerge as the fastest growing segment over the next six years owing to the increasing amount of sensitive data maintained by companies for improving internal processes

• The real-time integration of the PIAM software with Physical Access Control Systems (PACS) is anticipated to be the key trend in the industry, and numerous partnerships and collaborations with PACS providers would be carried out in the market

• The Asia Pacific market is expected to grow at an impressive CAGR of 19.2% over the forecast period. This growth is fueled by the developing construction and public sectors in the region and rapid automation of workflow in the regional market.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope & Assumptions
                    1.3. List of Data Sources
Chapter 2. Executive Summary
                    2.1. Physical Identity and Access Management Market - Industry Snapshot & Key Buying Criteria, 2015 - 2025
                    2.2. Global Physical Identity and Access Management Market, 2014 - 2025
                        2.2.1. Global physical identity and access management market, by region, 2014 - 2025
                        2.2.2. Global physical identity and access management market, by offering, 2014 - 2025
                        2.2.3. Global physical identity and access management market, by product, 2014 - 2025
                        2.2.4. Global physical identity and access management market, by application, 2014 - 2025
Chapter 3. Physical Identity and Access Management Industry Outlook
                    3.1. Market Segmentation & Scope
                    3.2. Market Size and Growth Prospects
                    3.3. Physical Identity and Access Management Market - Value Chain Analysis
                    3.4. Physical Identity and Access Management Market - Market Dynamics
                        3.4.1. Market driver analysis
                        3.4.2. Market restraint analysis
                    3.5. Penetration and Growth Prospect Mapping
                    3.6. Physical Identity and Access Management Market - Company Ranking Analysis, 2018
                    3.7. Physical Identity and Access Management Market - Porter's Five Forces Analysis
                    3.8. Physical Identity and Access Management Market - PESTEL Analysis
Chapter 4. Physical Identity and Access Management: Offering Outlook
                    4.1. Physical Identity and Access Management Market Share by Offering, 2018 & 2025 (USD Million)
                    4.2. Software
                        4.2.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    4.3. Services
                        4.3.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 5. Physical Identity and Access Management: Product Outlook
                    5.1. Physical Identity and Access Management Market Share by Product, 2018 & 2025 (USD Million)
                    5.2. Backend Database Solutions
                        5.2.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    5.3. Credential Management
                        5.3.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    5.4. Visitor Management
                        5.4.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 6. Physical Identity and Access Management: Application Outlook
                    6.1. Physical Identity and Access Management Market Share by Application, 2018 & 2025 (USD Million)
                    6.2. BFSI
                        6.2.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.3. Defense & Security
                        6.3.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.4. Airports
                        6.4.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.5. IT & Telecom
                        6.5.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.6. Government & Public Sector
                        6.6.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.7. Industrial
                        6.7.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    6.8. Others
                        6.8.1. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 7. Physical Identity and Access Management Market: Regional Outlook
                    7.1. Physical Identity and Access Management Market Share by Region, 2018 & 2025 (USD Million)
                    7.2. North America
                        7.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        7.2.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                        7.2.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                        7.2.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.2.5. U.S.
                            7.2.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.2.5.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.2.5.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.2.5.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.2.6. Canada
                            7.2.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.2.6.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.2.6.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.2.6.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                    7.3. Europe
                        7.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        7.3.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                        7.3.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                        7.3.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.3.5. U.K.
                            7.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.3.5.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.3.5.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.3.5.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.3.6. Germany
                            7.3.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.3.6.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.3.6.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.3.6.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                    7.4. Asia Pacific
                        7.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        7.4.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                        7.4.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                        7.4.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.4.5. China
                            7.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.4.5.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.4.5.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.4.5.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.4.6. India
                            7.4.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.4.6.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.4.6.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.4.6.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.4.7. Japan
                            7.4.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.4.7.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.4.7.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.4.7.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                    7.5. Latin America
                        7.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        7.5.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                        7.5.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                        7.5.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                        7.5.5. Brazil
                            7.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            7.5.5.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                            7.5.5.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                            7.5.5.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
                    7.6. Middle East & Africa
                        7.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        7.6.2. Market estimates and forecast by offering, 2014 - 2025 (USD Million)
                        7.6.3. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                        7.6.4. Market estimates and forecast by application, 2014 - 2025 (USD Million)
Chapter 8. Company Profiles
                    8.1. Access Security Corp.
                        8.1.1. Company overview
                        8.1.2. Financial performance
                        8.1.3. Product benchmarking
                        8.1.4. Strategic initiatives
                    8.2. AlertEnterprise
                        8.2.1. Company overview
                        8.2.2. Financial performance
                        8.2.3. Product benchmarking
                        8.2.4. Strategic initiatives
                    8.3. Avatier Corp.
                        8.3.1. Company overview
                        8.3.2. Financial performance
                        8.3.3. Product benchmarking
                        8.3.4. Strategic initiatives
                    8.4. HID Global (Quantum Secure)
                        8.4.1. Company overview
                        8.4.2. Financial performance
                        8.4.3. Product benchmarking
                        8.4.4. Strategic initiatives
                    8.5. Identiv Inc.
                        8.5.1. Company overview
                        8.5.2. Financial performance
                        8.5.3. Product benchmarking
                        8.5.4. Strategic initiatives
                    8.6. IDCUBE Identification Systems Pvt. Ltd.
                        8.6.1. Company overview
                        8.6.2. Financial performance
                        8.6.3. Product benchmarking
                        8.6.4. Strategic initiatives
                    8.7. Intellisoft
                        8.7.1. Company overview
                        8.7.2. Financial performance
                        8.7.3. Product benchmarking
                        8.7.4. Strategic initiatives
                    8.8. NetIQ Corp. (part of Micro Focus)
                        8.8.1. Company overview
                        8.8.2. Financial performance
                        8.8.3. Product benchmarking
                        8.8.4. Strategic initiatives
                    8.9. Nexus Group (Integid GmbH)
                        8.9.1. Company overview
                        8.9.2. Financial performance
                        8.9.3. Product benchmarking
                        8.9.4. Strategic initiatives
                    8.10. Okta, Inc.
                        8.10.1. Company overview
                        8.10.2. Financial performance
                        8.10.3. Product benchmarking
                        8.10.4. Strategic initiatives
                    8.11. WSO2 Industries
                        8.11.1. Company overview
                        8.11.2. Financial performance
                        8.11.3. Product benchmarking
                        8.11.4. Strategic initiatives

List of Tables

TABLE 1 Global physical identity and access management market estimates and forecast, 2014 - 2025
TABLE 2 Physical identity and access management market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 3 Physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 4 Physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 5 Physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 6 Physical identity and access management software market estimates and forecast 2014 - 2025 (USD Million)
TABLE 7 Physical identity and access management software market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 8 Physical identity and access management services market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 9 Physical identity and access management services market estimates and forecast, by region, 2014 - 2025 (USD Million)
TABLE 10 Physical identity and access management backend database solutions market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 11 Physical identity and access management backend database solutions market estimates and forecast, by region, 2014 - 2025 (USD Million)
TABLE 12 Physical identity and access credential management solutions market, estimates and forecast, 2014 - 2025 (USD Million)
TABLE 13 Physical identity and access credential management solutions market, estimates and forecast, by region, 2014 - 2025 (USD Million)
TABLE 14 Physical identity and access visitor management solutions market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 15 Physical identity and access visitor management solutions market estimates and forecast, by region, 2014 - 2025 (USD Million)
TABLE 16 Physical identity and access management in BFSI market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 17 Physical identity and access management in BFSI market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 18 Physical identity and access management in defense & security market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 19 Physical identity and access management in defense & security market estimates and forecast by region 2014 - 2025 (USD Million)
TABLE 20 Physical identity and access management in airports market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 21 Physical identity and access management in airports market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 22 Physical identity and access management in IT & telecom market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 23 Physical identity and access management in IT & telecom market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 24 Physical identity and access management in government & public sector market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 25 Physical identity and access management in government & public sector market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 26 Physical identity and access management in industrial market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 27 Physical identity and access management in industrial market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 28 Physical identity and access management in other market estimates and forecast, 2014 - 2025 (USD Million)
TABLE 29 Physical identity and access management in other market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 30 North America physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE31 North America physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 32 North America physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 33 U.S. physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 34 U.S. physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 35 U.S. physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 36 Canada physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 37 Canada physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 38 Canada physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 39 Europe physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 40 Europe physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 41 Europe physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 42 U.K. physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 43 U.K. physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 44 U.K. physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 45 Germany physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 46 Germany physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 47 Germany physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 48 Asia Pacific physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 49 Asia Pacific physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 50 Asia Pacific physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 51 China physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 52 China physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 53 China physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 54 India physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 55 India physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 56 India physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 57 Japan physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 58 Japan physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 59 Japan physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 60 Latin America physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 61 Latin America physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 62 Latin America physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 63 Brazil physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 64 Brazil physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 65 Brazil physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 66 Middle East & Africa physical identity and access management market estimates and forecast by offering, 2014 - 2025 (USD Million)
TABLE 67 Middle East & Africa physical identity and access management market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 68 Middle East & Africa physical identity and access management market estimates and forecast by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Physical identity and access management market segmentation
FIG. 2 Global physical identity and access management market revenue , 2014 - 2025 (USD Million)
FIG. 3 Physical identity and access management: Value chain analysis
FIG. 4 Physical identity and access management market dynamics
FIG. 5 Physical identity and access management: Key company ranking analysis, 2018
FIG. 6 Key opportunities prioritized
FIG. 7 Physical identity and access management - Porter's analysis
FIG. 8 Physical identity and access management - PESTEL analysis
FIG. 9 Physical identity and access management market share by offering, 2018 & 2025
FIG. 10 Physical identity and access management market share by product, 2018 & 2025
FIG. 11 Physical identity and access management market share by application, 2018 & 2025
FIG. 12 Physical identity and access management market share by region, 2018 & 2025