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The Identity and Access Management (IAM) industry is experiencing rapid growth, driven by increasing cyber threats, stringent compliance requirements (like GDPR, SOC2), and the shift to cloud and hybrid IT environments. Organizations are seeking robust, scalable, and flexible solutions that can secure user identities across various applications and devices while enhancing user experience. Open-source and developer-centric solutions are gaining traction due to their customizability and cost-effectiveness.
Total Assets Under Management (AUM)
IAM Market Size in United States
~Approximately 12.3 billion USD
(15.5% CAGR)
- Driven by increasing cyberattacks and data breaches.
- Growing adoption of cloud-based IAM solutions.
- Rising demand for advanced authentication methods like MFA.
12.3 billion USD
DID empowers users with self-sovereign control over their digital identities, leveraging blockchain technology for secure and verifiable credentials.
ZTA shifts security paradigms from perimeter-based to 'never trust, always verify,' requiring strict identity verification for every access request, regardless of origin.
Passwordless authentication methods like FIDO2 and biometrics enhance security and user experience by eliminating the need for traditional passwords.
The National Institute of Standards and Technology (NIST) updated its Cybersecurity Framework in 2024 to include govern as a new function, emphasizing risk management and enterprise-wide cybersecurity integration.
This update will push organizations towards more comprehensive and integrated cybersecurity practices, directly impacting how IAM solutions like SuperTokens are adopted and configured to meet enhanced governance and risk management requirements.
A proposed comprehensive federal privacy law in the United States, ADPPA aims to establish national standards for data privacy, including data minimization, consumer rights, and enforcement mechanisms.
If enacted, ADPPA will necessitate significant changes to how user data is collected, processed, and managed, requiring IAM solutions to offer robust privacy-enhancing features and tools for data subject access rights.
Building on the CCPA, the CPRA, effective January 1, 2023, establishes the California Privacy Protection Agency (CPPA) and strengthens consumer data rights, including the right to correct inaccurate personal information and limit the use and disclosure of sensitive personal information.
CPRA increases the compliance burden for businesses handling Californian consumer data, driving demand for IAM solutions that enable granular consent management, data correction, and robust data protection features.
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