The bimodal identity management solutions market size is projected to be valued at USD 1186.9 million in 2023 and is expected to rise to USD 8140.3 million by 2033. Bimodal identity management solution sales are anticipated to expand at a significant CAGR of 21.2% during the forecast period.
Traditional enterprise identity architectures are used in bimodal identity management solutions, which add a security layer to the existing system. To protect a company's information system, bimodal identity management solutions are used.
Bimodal identity management solutions primarily employ two types of security checks such as internal and external credentials. Internal credentials include pre-existing architecture such as passwords and biometrics, while external credentials include social media account validation and email account validation.
The company increases its security levels and allows only refined access to the data, by integrating internal and external credentials, reducing the possibility of unauthorized access.
| Attributes | Details |
|---|---|
| Bimodal Identity Management Solutions Market Estimated Size (2023) | USD 1186.9 million |
| Bimodal Identity Management Solutions Market CAGR (2023 to 2033) | 21.2% |
| Bimodal Identity Management Solutions Market Forecasted Size (2033) | USD 8140.3 million |
The global demand for bimodal identity management solutions is projected to increase at a CAGR of 21.2% during the forecast period between 2023 and 2033, reaching a total of USD 8140.3 million in 2033, according to a report from Future Market Insights (FMI). From 2018 to 2022, sales witnessed significant growth, registering a CAGR of 19.1%.
The increasing need for authentication and the rise in security concerns in organizations are the key factors driving the growth of bimodal identity management solutions. There is a growing demand for bimodal identity management solutions for purposes such as data security, confidential data protection, and proper authentication.
The advancement of technology has increased the likelihood of data being hacked and poses a threat to security systems, fueling demand for bimodal identity management solutions. Additionally, the market is witnessing a key trend that leads to the development of security products like the integration of identity management systems with artificial intelligence.
Increasing Demand for Proper Authentication to Boost Market Growth
The necessity for proper authentication checks, as well as increased security concerns within an organization, drives the demand for bimodal identity management solutions.
Also, keeping data safe and secure is becoming a crucial concern in organizations these days, so ensuring secrecy and proper data management is driving the demand for bimodal identity management solutions.
Advanced identity management systems integrated with artificial intelligence are key trends that are catering to the expansion of new security-related products these days. Other factors that contribute to the bimodal identity management product expansion include data security and access to information by the appropriate candidate.
In addition, the emerging utility of the bimodal identity management solution in professional and personal life is driving market growth.
People are becoming aware of advanced ways to hack security systems as technological trends change, so the increasing safety issue of high-profile data is a key driver for market growth. Furthermore, the increasing reliance on web applications and automated systems increases the possibility of cyber-attacks, so the need for an effective solution to evade such attacks is growing notably.
Scarcity of Experienced Workers to Impede Market Growth
The main challenge that organizations face in correctly deploying bimodal identity management solutions is a dearth of domain expertise in their workforce. Furthermore, data privacy concerns may limit the market's growth to some extent during the projected timeline.
The healthcare and life sciences sector holds a significant share of 18.2% in the bimodal identity management solutions market. As organizations within this sector deal with sensitive patient data and adhere to strict regulatory requirements, ensuring secure and compliant access to healthcare systems and applications is crucial.
Bimodal identity management solutions offer healthcare and life science organizations the ability to effectively manage and protect user identities, control access to patient records and confidential information, and monitor user activity for compliance purposes.
Further, these solutions enable healthcare providers, pharmaceutical companies, research institutions, and other healthcare-related organizations to enhance data security, streamline user access management processes, and improve overall operational efficiency.
The Cloud Segment to Remain High in Demand
On-premise refers to software and data that are installed and runs directly from the source media. In other words, the software and data are kept on the server where they were originally installed.
Further, the advantage of on-premise deployment is that all updates about changes in system files are done manually by an administrator or build automation tool, making it easy to manage because no third-party involvement is required.
Cloud computing and its application in BIM solutions is a new emerging trend in the industry. The primary goal of implementing cloud technology is to remotely store data, allowing users to access it via various devices such as laptops, smartphones, and tablets.
Cloud computing provides several advantages, including scalability, cost-effectiveness, and flexibility, which are expected to drive the market during the forecast period. Thus, by deployment type, the cloud segment is expected to hold a 55% market share for the bimodal identity management solutions market in the forecast period from 2023 to 2033.
Large Enterprises to Hold 65.5% Stake in the Global Market
Large organizations face unique challenges in managing user identities, access privileges, and security across multiple systems and applications with their extensive workforce and complex IT environments. Additionally, Bimodal identity management solutions provide these enterprises with comprehensive identity and access management capabilities, including user provisioning, single sign-on, multi-factor authentication, and privileged access management.
By implementing bimodal identity management solutions, large enterprises can streamline user access processes, enhance security measures, and improve overall operational efficiency. These solutions enable organizations to centrally manage user identities, ensure compliance with regulatory requirements, and mitigate the risks associated with unauthorized access and data breaches.
Increasing Reliance on Computerized Systems Creating Opportunities for Bimodal Identity Management Solutions Manufacturers
North America is expected to have a significant market share in the bimodal identity management solutions market. Because of the increasing reliance on computerized systems in countries such as Canada and the USA, the market for ensuring individual data accessibility is expected to drive market growth in the nations of North America.
North America is expected to possess a 27.5% market share in 2022, registering a CAGR of 20% for the bimodal identity management solutions market in the assessment period from 2023 to 2033 due to the aforementioned factors.
Increasing Number of Small and Medium-Sized Businesses Fueling Rapid Adoption
The bimodal identity solution market is expected to expand at a notable rate in the coming years, with an increasing number of small and medium-sized businesses in Asia Pacific countries such as India and China.
In the Asia Pacific region, developing countries such as China and India have a growing number of small and medium-sized businesses, which is contributing to the growth of the bimodal identity management solutions market. Hence, Asia Pacific is expected to procure a 17% market share in 2022, recording a CAGR of 18% for the bimodal identity management solutions market in the assessment period between 2023 and 2033.
The key vendors for the bimodal identity management solutions market are SOTI Inc., Sophos Ltd, Hitachi ID Systems, SailPoint Technologies, Ping Identity, IBM Corporation, Colligo Networks, CA Technologies, SAP, VMware, Inc., Microsoft Corporation, Good Technology, Fischer International OneLogin, Inc., MobileIron, Okta, Inc., NetIQ Corporation, Symantec Corporation, Oracle Corporation, Dell EMC, Alfresco Software, Centrify, and Citrix Systems, Inc.
Recent Developments in the Bimodal Identity Management Solutions Market
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 21.2% from 2023 to 2033 |
| Base Year of Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and Volume in Units and F-CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
| Key Segments Covered | Vertical, Deployment, Organization Size, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
| Key Companies Profiled | SOTI Inc.; Sophos Ltd; Hitachi ID Systems; SailPoint Technologies; Ping Identity; IBM Corporation; Colligo Networks; CA Technologies; SAP; VMware, Inc.; Microsoft Corporation; Good Technology; Fischer International; OneLogin, Inc.; MobileIron; Okta Inc.; NetIQ Corporation; Symantec Corporation; Oracle Corporation; Dell EMC; Alfresco Software; Centrify; Citrix Systems, Inc. |
| Customization & Pricing | Available upon Request |
Table 1: Global Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 3: Global Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 4: Global Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 5: North America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 7: North America Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 8: North America Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 9: Latin America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 11: Latin America Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 12: Latin America Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 13: Western Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Western Europe Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 15: Western Europe Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 16: Western Europe Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 17: Eastern Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Eastern Europe Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 19: Eastern Europe Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 20: Eastern Europe Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 21: South Asia and Pacific Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: South Asia and Pacific Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 23: South Asia and Pacific Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 24: South Asia and Pacific Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 25: East Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: East Asia Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 27: East Asia Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 28: East Asia Value (US$ Million) Forecast by Deployment , 2018 to 2033
Table 29: Middle East and Africa Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: Middle East and Africa Value (US$ Million) Forecast by Vertical, 2018 to 2033
Table 31: Middle East and Africa Value (US$ Million) Forecast by Organization Size, 2018 to 2033
Table 32: Middle East and Africa Value (US$ Million) Forecast by Deployment , 2018 to 2033
Figure 1: Global Value (US$ Million) by Vertical, 2023 to 2033
Figure 2: Global Value (US$ Million) by Organization Size, 2023 to 2033
Figure 3: Global Value (US$ Million) by Deployment , 2023 to 2033
Figure 4: Global Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 9: Global Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 10: Global Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 11: Global Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 12: Global Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 13: Global Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 14: Global Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 15: Global Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 16: Global Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 17: Global Attractiveness by Vertical, 2023 to 2033
Figure 18: Global Attractiveness by Organization Size, 2023 to 2033
Figure 19: Global Attractiveness by Deployment , 2023 to 2033
Figure 20: Global Attractiveness by Region, 2023 to 2033
Figure 21: North America Value (US$ Million) by Vertical, 2023 to 2033
Figure 22: North America Value (US$ Million) by Organization Size, 2023 to 2033
Figure 23: North America Value (US$ Million) by Deployment , 2023 to 2033
Figure 24: North America Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 29: North America Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 30: North America Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 31: North America Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 32: North America Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 33: North America Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 34: North America Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 35: North America Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 36: North America Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 37: North America Attractiveness by Vertical, 2023 to 2033
Figure 38: North America Attractiveness by Organization Size, 2023 to 2033
Figure 39: North America Attractiveness by Deployment , 2023 to 2033
Figure 40: North America Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Value (US$ Million) by Vertical, 2023 to 2033
Figure 42: Latin America Value (US$ Million) by Organization Size, 2023 to 2033
Figure 43: Latin America Value (US$ Million) by Deployment , 2023 to 2033
Figure 44: Latin America Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 49: Latin America Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 50: Latin America Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 51: Latin America Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 52: Latin America Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 53: Latin America Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 54: Latin America Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 55: Latin America Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 56: Latin America Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 57: Latin America Attractiveness by Vertical, 2023 to 2033
Figure 58: Latin America Attractiveness by Organization Size, 2023 to 2033
Figure 59: Latin America Attractiveness by Deployment , 2023 to 2033
Figure 60: Latin America Attractiveness by Country, 2023 to 2033
Figure 61: Western Europe Value (US$ Million) by Vertical, 2023 to 2033
Figure 62: Western Europe Value (US$ Million) by Organization Size, 2023 to 2033
Figure 63: Western Europe Value (US$ Million) by Deployment , 2023 to 2033
Figure 64: Western Europe Value (US$ Million) by Country, 2023 to 2033
Figure 65: Western Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Western Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Western Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Western Europe Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 69: Western Europe Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 70: Western Europe Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 71: Western Europe Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 72: Western Europe Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 73: Western Europe Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 74: Western Europe Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 75: Western Europe Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 76: Western Europe Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 77: Western Europe Attractiveness by Vertical, 2023 to 2033
Figure 78: Western Europe Attractiveness by Organization Size, 2023 to 2033
Figure 79: Western Europe Attractiveness by Deployment , 2023 to 2033
Figure 80: Western Europe Attractiveness by Country, 2023 to 2033
Figure 81: Eastern Europe Value (US$ Million) by Vertical, 2023 to 2033
Figure 82: Eastern Europe Value (US$ Million) by Organization Size, 2023 to 2033
Figure 83: Eastern Europe Value (US$ Million) by Deployment , 2023 to 2033
Figure 84: Eastern Europe Value (US$ Million) by Country, 2023 to 2033
Figure 85: Eastern Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: Eastern Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: Eastern Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: Eastern Europe Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 89: Eastern Europe Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 90: Eastern Europe Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 91: Eastern Europe Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 92: Eastern Europe Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 93: Eastern Europe Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 94: Eastern Europe Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 95: Eastern Europe Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 96: Eastern Europe Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 97: Eastern Europe Attractiveness by Vertical, 2023 to 2033
Figure 98: Eastern Europe Attractiveness by Organization Size, 2023 to 2033
Figure 99: Eastern Europe Attractiveness by Deployment , 2023 to 2033
Figure 100: Eastern Europe Attractiveness by Country, 2023 to 2033
Figure 101: South Asia and Pacific Value (US$ Million) by Vertical, 2023 to 2033
Figure 102: South Asia and Pacific Value (US$ Million) by Organization Size, 2023 to 2033
Figure 103: South Asia and Pacific Value (US$ Million) by Deployment , 2023 to 2033
Figure 104: South Asia and Pacific Value (US$ Million) by Country, 2023 to 2033
Figure 105: South Asia and Pacific Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: South Asia and Pacific Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: South Asia and Pacific Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: South Asia and Pacific Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 109: South Asia and Pacific Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 110: South Asia and Pacific Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 111: South Asia and Pacific Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 112: South Asia and Pacific Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 113: South Asia and Pacific Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 114: South Asia and Pacific Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 115: South Asia and Pacific Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 116: South Asia and Pacific Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 117: South Asia and Pacific Attractiveness by Vertical, 2023 to 2033
Figure 118: South Asia and Pacific Attractiveness by Organization Size, 2023 to 2033
Figure 119: South Asia and Pacific Attractiveness by Deployment , 2023 to 2033
Figure 120: South Asia and Pacific Attractiveness by Country, 2023 to 2033
Figure 121: East Asia Value (US$ Million) by Vertical, 2023 to 2033
Figure 122: East Asia Value (US$ Million) by Organization Size, 2023 to 2033
Figure 123: East Asia Value (US$ Million) by Deployment , 2023 to 2033
Figure 124: East Asia Value (US$ Million) by Country, 2023 to 2033
Figure 125: East Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: East Asia Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 129: East Asia Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 130: East Asia Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 131: East Asia Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 132: East Asia Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 133: East Asia Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 134: East Asia Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 135: East Asia Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 136: East Asia Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 137: East Asia Attractiveness by Vertical, 2023 to 2033
Figure 138: East Asia Attractiveness by Organization Size, 2023 to 2033
Figure 139: East Asia Attractiveness by Deployment , 2023 to 2033
Figure 140: East Asia Attractiveness by Country, 2023 to 2033
Figure 141: Middle East and Africa Value (US$ Million) by Vertical, 2023 to 2033
Figure 142: Middle East and Africa Value (US$ Million) by Organization Size, 2023 to 2033
Figure 143: Middle East and Africa Value (US$ Million) by Deployment , 2023 to 2033
Figure 144: Middle East and Africa Value (US$ Million) by Country, 2023 to 2033
Figure 145: Middle East and Africa Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: Middle East and Africa Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: Middle East and Africa Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: Middle East and Africa Value (US$ Million) Analysis by Vertical, 2018 to 2033
Figure 149: Middle East and Africa Value Share (%) and BPS Analysis by Vertical, 2023 to 2033
Figure 150: Middle East and Africa Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033
Figure 151: Middle East and Africa Value (US$ Million) Analysis by Organization Size, 2018 to 2033
Figure 152: Middle East and Africa Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033
Figure 153: Middle East and Africa Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033
Figure 154: Middle East and Africa Value (US$ Million) Analysis by Deployment , 2018 to 2033
Figure 155: Middle East and Africa Value Share (%) and BPS Analysis by Deployment , 2023 to 2033
Figure 156: Middle East and Africa Y-o-Y Growth (%) Projections by Deployment , 2023 to 2033
Figure 157: Middle East and Africa Attractiveness by Vertical, 2023 to 2033
Figure 158: Middle East and Africa Attractiveness by Organization Size, 2023 to 2033
Figure 159: Middle East and Africa Attractiveness by Deployment , 2023 to 2033
Figure 160: Middle East and Africa Attractiveness by Country, 2023 to 2033
The United States, Canada, and China dominate the global market.
The market is forecast to register a CAGR of 21.2% through 2033.
From 2018 to 2022, the market grew at a CAGR of 19.1%.
The rising demand for secure and safe solutions disrupts the current market trends.
The global market size is to reach USD 8,140.3 million by 2033.
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Bimodal Identity Management Solutions Market
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