Organizations worldwide already identify the need for investments in smart Identity and Access Management
Organizations worldwide already identify the need for investments in smart Identity and Access Management (Identity and Access Management) systems , mainly hen we see major changes and challenges due to digital acceleration – we are talking about highly connected environments and need for remote and simultaneous access to several applications, platforms and operating systems.
When these systems are implemented effectively, they considerably improve information security, corporate governance and process automation, leading to higher business productivity and business value.
Due to its highly positive impacts, the global Identity and Access Management market is expected to reach around US$ 23.38 billion in 2025, with a over 12.84% Compound Annual Growth Rate (CAGR) between 2019 and 2025, according to 2019 Global Identity and Access Management report published by Zion Market Research.
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And, according to Gartner’s “The Identity Governance and Administration Landscape Is Changing” study published in 2020, leaders responsible for access management in mature markets such as North America and EMEA (Europe and Middle East) are seeking for innovation to ensure predictive governance and an increasingly robust structure with converging platforms and integration for complementary systems. Another forecast is that a new category of identity and access management systems based on the SaaS (Software as a Service) model will represent about 45% of new deployments starting in 2023.
Brazil: facing challenges to grow
While the access management technology implementation has reached maturity in North America and EMEA, the demand for these systems is still incipient and faces cost, integration and culture change challenges in Brazil and Latin America. We lives in a scenario of replacement of outdated models, focused on information security and increased efficiency, but we can already identify opportunities for access management systems to be used in an increasingly strategic way to ensure corporate governance.
Iteris is a trusted partner for your business, providing solutions based on security, compliance and efficiency, such as CAP2AM, which is designed to handle high data volume, access diversity and integration for business applications in a market experiencing accelerated transformation.