PUBLISHER: QKS Group | PRODUCT CODE: 1593787
PUBLISHER: QKS Group | PRODUCT CODE: 1593787
This product includes two reports: Market Share and Market Forecast.
Quadrant Knowledge Solutions Reveals that Identity and Access Management Market is Projected to Register a CAGR of 13.2% by 2028 in Middle East and Africa.
The Identity and Access Management (IAM) market in the Middle East and Africa (MEA) is witnessing significant growth, driven by the region's increasing emphasis on digital security and regulatory compliance. The rapid adoption of digital services, coupled with the rise of cyber threats, has necessitated the deployment of advanced IAM solutions to protect sensitive data and ensure secure access management. Governments and organizations in the MEA region are investing in IAM technologies to comply with stringent data protection regulations and to bolster their cybersecurity frameworks. The expansion of cloud services and the growing trend of remote work further amplify the demand for robust IAM systems. Consequently, businesses across the MEA region are leveraging IAM solutions to enhance their security posture, streamline operations, and maintain a competitive edge in the dynamic digital landscape. This trend is expected to continue, driven by ongoing technological advancements and heightened awareness of cybersecurity issues.
Quadrant Knowledge Solutions Reveals that Identity and Access Management Market is Projected to Register a CAGR of 13.2% by 2028 in Middle East and Africa.
The Middle East and Africa (MEA) have emerged as significant markets for Identity and Access Management (IAM) solutions, driven by rapid digital transformation and increasing cybersecurity threats. The growing adoption of cloud technologies, digital banking, and e-government initiatives has significantly boosted the demand for robust IAM solutions in the region. Organizations in MEA are increasingly recognizing the importance of IAM tools in effectively managing digital identities, ensuring regulatory compliance, and mitigating security risks. This is particularly evident in sectors such as finance, healthcare, and government, where the protection of sensitive data is paramount. Consequently, the IAM market in the Middle East and Africa is witnessing substantial growth, with businesses leveraging these solutions to enhance security measures, streamline access control, and maintain a competitive edge in the evolving digital landscape.