In New Delhi: A recent Gartner survey projects that audit and analytics, global identity and access management (IAM) revenue is expected to reach the US $9.9 billion mark by 2010, banking on the rapidly-growing enterprise requirement for compliance market. The figure would be an 8% rise from the 2009 revenue of US $9.2 billion. It is expected to rise further to US $11.9 billion by 2013.
According to the report, suite-based IAM is the most preferred technology among organisations purchase strategies. Almost 40% of companies interviewed, indicated this preference, which is slated to continue for the next couple of years, together with an increasing reliance on managed security services and IAM consulting services.
The research firm adds that the IAM products will continue to attract investment during coming years, because it remains a critical technological area for enabling businesses to improve and automate processes relating to access management. It further mentions factors such as merger and acquisition, economic downturn and consequent tightening of IT budgets as key bottlenecks in market evaluation.
The report further forecasts a rise in the usage of IAM functionality in the coming years based on SaaS-based model. This prediction was a result of an interview of 111 end-user respondents in North America and EMEA. Moreover, public cloud computing is expected to drive IAM standards. Gartner reasons that cloud-computing "construction" for "private" clouds will require specific IAM-as-a-service functionality, to accommodate scale-and-standardised delivery needs.
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