Final Report will add the analysis of the impact of COVID-19 on this industry.
The report titled Physical Identity and Access Management (PIAM) Software Market has recently added by MarketIntelligenceData to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
The physical identity and access management (PIAM) software market is expected to register a CAGR of 13% during the forecast period, (2020-2025).
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Top Companies operating in the Global Physical Identity and Access Management (PIAM) Software market profiled in the report:– HID Global Corporation, AlertEnterprise, Inc., IDCUBE Identification Systems (P) Ltd., Micro Focus International PLC, Amazon Web Services, Inc., Convergint Technologies, LLC, WIPRO Ltd., Acces Security Corporation, IBM Corporation, SAASPASS, Inc.
Scope of the Report
Physical Identity and Access Management (PIAM) software helps in streamlining the management of security identities across different physical security systems. This report segments the market by Type (Software, Service), End-user Industry (BFSI, Aerospace and defense, Government and IT and Telecom), and Geography.
Key Market Trends
BFSI is Expected to Hold the Largest Market
– Real-time management of identities and related areas that are dispersed across physical and logical security infrastructure becomes crucial. Therefore, by creating efficiencies and automation in identity management through physical access and identity management will help us in curbing such silos.
– Various regulations such as BASEL II and GLBA have become fixtures from a compliance standpoint and is influential in boosting the PIAM market positively for the forecast period.
– AlertEnterprise on April 2019, announced that it had added biometric facial recognition technology to its Visitor Management Kiosk software to deliver frictionless access security to organizations for check-in processes by employees, visitors, contractors, and guests. This software provides complete physical identity and access management solution when combined with Enterprise Guardian software.
– PIAM for financial institutions has a benefit that it has the ability to generate reports, to automatically pull compliance-related information from data on a regular basis and thereby demonstrating compliance with each of the regulations governing their operations.
Global Physical Identity and Access Management (PIAM) Software Market Split by Product Type and Applications:
Market Segment by Type, covers:
Market Segment by Applications, covers:
Aerospace and Defense
IT and Telecom
Other End-user Industries
Regional Analysis For Physical Identity and Access Management (PIAM) Software Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Physical Identity and Access Management (PIAM) Software Market Report:
-Comprehensive assessment of all opportunities and risk in the Physical Identity and Access Management (PIAM) Software market.
-Physical Identity and Access Management (PIAM) Software market recent innovations and major events.
-Detailed study of business strategies for growth of the Physical Identity and Access Management (PIAM) Software market-leading players.
-Conclusive study about the growth plot of Physical Identity and Access Management (PIAM) Software market for forthcoming years.
-In-depth understanding of Physical Identity and Access Management (PIAM) Software market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Physical Identity and Access Management (PIAM) Software market.
Physical Identity and Access Management (PIAM) Software Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Physical Identity and Access Management (PIAM) Software Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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