Security News > 2022 > January > Consumer IAM market to reach $17.6 billion by 2026

The global consumer IAM market is projected to grow from $8.6 billion in 2021 to $17.6 billion by 2026, at a Compound Annual Growth Rate of 15.3% during the forecast period, according to ResearchAndMarkets.

Based on application area, the healthcare segment will grow at the highest CAGR. The Healthcare segment is projected to witness the fastest growth rate of during the forecast period.

The healthcare vertical comprises hospitals, health clinics, medical and dental practices, healthcare equipment and services providers, pharmaceutical companies, biotechnology companies, and related life sciences services providers.

CIAM solutions help healthcare organizations address the security issues related to users' credentials and help them deliver an enriched experience to their patients.

In healthcare, CIAM solutions offer control of digital identities and data sharing choices to patients, with comprehensive preference and consent management.

These solutions help healthcare organizations comply with stringent HIPAA and PCI DSS compliances.

News URL

https://www.helpnetsecurity.com/2022/01/13/consumer-iam-market-2026/