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TECH SUPPLIER Jul 2019 - Market Forecast - Doc # US45216519

Worldwide Identity Forecast, 2019–2023: Hype Aside/Hope Ahead, Let's All Use Certificates

By: Jay BretzmannProgram Director, Security Products, Frank DicksonProgram Vice President, Cybersecurity Products

Abstract

This IDC study provides 2019–2023 forecast for the worldwide identity market. The market for identity management solutions again saw overall 6% growth in 2018 — nearly double that for cloud environments. Demand for these solutions was fundamentally driven by both necessary investments (compliance and privacy) and a growing trend of users (B2B, B2P, B2E, and B2C) connecting to their applications through multiple devices. As work moves to the cloud, it should only matter who, not what, is accessing a service.

"Getting identity right has never been more important; identity is not only the new perimeter but a developing linchpin for a 3rd Platform world," says Jay Bretzmann, program director for Security Products at IDC. "Continued cloud migrations will require an automated, transparent, and secure approach to identity beyond clumsy username/password and SMS text."


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