IDaaS Market Size, Share, Trends, Growth And Forecast Till 2027
According to a research report ?IDaaS Market by Component (Provisioning, Single Sign-On, Advanced authentication, Audit, Compliance, and Governance, Directory service, and Password management), Organization Size, Deployment Type, Vertical and Region ? Global Forecast to 2027? published by MarketsandMarkets, the global IDaaS market is projected to reach USD 5.6 billion in 2022 to 16.8 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 24.7% between 2022 and 2027. Some factors driving the market growth include government initiatives and regulations supporting digital identity transformation, government regulations and the need for compliance, and the rise in identity and authentication frauds.
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