Identity Analytics Market to grow at a CAGR of 30.5 percent during the forecast period to reach USD 5440.31 Mn

Increasing concerns and a growing number of instances related to the complexity of identity-related data and fraud violations have resulted in high revenue losses for large organizations’ transactions.

(EMAILWIRE.COM, April 16, 2023 ) As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Identity Analytics Market” was USD 646.75 Mn in 2021 and is expected to grow at a CAGR of 30.5 percent over the forecast period to reach USD 5440.31 Mn by 2029

Identity Analytics Market Report Scope and Research Methodology

The report includes a detailed analysis of Identity Analytics Market dynamics including drivers, restraints, opportunities and challenges across all the regions. It helps in understanding the Identity Analytics industry by providing market trends, structure and size of various market segments.

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Identity Analytics Market Dynamics

During the forecast period, the market is expected to be driven by increasing concerns and a rising number of instances related to fraud violations and identity-related data, which is resulting in the high adoption of identity analysis solutions by numerous organizations across the world.

Identity Analytics Market Regional Insights

In 2021, the North America region dominated the global market with the largest Identity Analytics Market share. The regional market growth is majorly attributed to the introduction of multiple manufacturers offering identity analytics solutions.

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Identity Analytics Market Segmentation

By Component
Solution
Services

By Service
Professional Services
Managed Services

By Application
Account Management
Customer Management
Fraud Detection
GRC Management
Identity and Access Management
Others

By Industry Verticals
BFSI
Government and Defense
IT and Telecom
Energy and Utilities
Manufacturing
Others

Identity Analytics Key Competitors include:

Oracle
Verint Systems
Logrhythm
Happiest Minds
Gurucul
Quantum Secure
Hitachi ID Systems
Sailpoint Technologies
Centrify
Prolifics
Anomalix
One Identity
Evidian
Brainwave GRC
ID Analytics
Nexis GmbH
Confluxsys
IDAX Software
Netiq
Okta
Novetta
Netowl
Traxian
Threatmetrix
Venafi

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Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

Identity Verification Market- The market size is expected to reach USD 21.53 billion by 2029 at a CAGR of 15.4 percent during the forecast period.

Content Analytics Market- The market size is expected to reach USD 24.88 billion by 2029 at a CAGR of 24.8 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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