RNCOS Research: Compliance Gives Identity Management Market The Growth Boost

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RNCOS Research: (http://www.rncos.com/Report/COM30.htm) Identity Management is the combination of technology and processes surrounding the administration of user accounts and permissions...
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March 29, 2006 (Press Release) -- RNCOS Research: (http://www.rncos.com/Report/COM30.htm) The combined technology and processes surrounding the administration of user accounts and permissions that drive access control policy refers to Identity Management. The Identity Management market is aided partly by stringent corporate compliance requirements. Identity management suites enable the secure and automated management of user roles and identities over corporate resources by combining directory services, provisioning, secure access/ authentication and federation elements.

The identity management market is imbibed by some signs of fragmentation. More than 50 vendors offer single or multiple components placing over authentication, access control, directory, provisioning and reduced sign-on and user self-service.

It is believed that companies maintaining identity management solutions are geared by regulatory compliance reasons requiring them to furnish audit trails of all user actions to government auditors. Some such regulations are HIPAA or the Sarbanes-Oxley Act.

In its latest market research report, “Identity Management Services – A Market Perspective” RNCOS takes a close look into the trends and forces that give direction to identity management market which includes segments – full suites, provisioning, secure access/ authentication, and federated identity solutions. According to the report these are expected to include world revenue by $8.5 billion by 2008.

According to the market research report’s findings the total market for identity management (IdM) products and services grew to $4.3 billion in 2003 to reach $6.2 billion by 2007 at a CAGR of 9.9%. These revenues of IdM solution providers would owe largely to their powerful ROI arguments.

The market research report also includes an extensive and in-depth analysis of the dynamics, competitive landscape and growth potential of each of the market segments. It examines new technology developments like web services for cheaper and rapid changes in identity management infrastructure.

After having conducted a market study about service providers, solution developers and hardware vendors who currently function all over the world, a brief company profile of five vendors in each category is included in the report.

About RNCOS:
RNCOS, formed in 2002, offers Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/COM30.htm
For more information about the report please visit www.rncos.com


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RNCOS
Shushmul Maheshwari
Head of Business Development Manager
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

Publisher: RNCOS




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