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United States Bimodal Identity Management Solutions Market is expected to grow at a robust CAGR of 19.7% through 2029

United States Bimodal Identity Management Solutions Market is rising due to increasing cybersecurity concerns and the need for a flexible approach that combines traditional and modern identity management methods to address evolving security challenges during the forecast period 2025-2029F.


According to TechSci Research report,United States Bimodal Identity Management Solutions Market – By Region, Competition, Forecast and Opportunities, 2029F”, United States Bimodal Identity Management Solutions Market was valued at USD 5.4 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 19.7% through 2029.

The growth of the United States Bimodal Identity Management Solutions Market is significantly fueled by the rise of remote work. The COVID-19 pandemic has expedited the adoption of remote work practices, prompting businesses worldwide to shift to remote and hybrid work models for business continuity and employee safety. While remote work offers numerous advantages, it also brings forth challenges in identity and access management. Bimodal identity management solutions play a crucial role in supporting remote work environments by providing secure and seamless access to corporate resources from any location and device. These solutions enable organizations to implement remote authentication methods, such as virtual private networks (VPNs), secure single sign-on (SSO), and mobile device management (MDM), ensuring secure authentication and authorization for remote users. Bimodal identity management solutions offer advanced security capabilities, including zero trust architecture, continuous authentication, and endpoint security, to safeguard remote workers from cybersecurity threats. By deploying these solutions, organizations can ensure that remote employees have access to necessary resources for productivity while maintaining robust security controls to protect sensitive data and systems.

A significant trend in the United States Bimodal Identity Management Solutions Market is the integration of identity and access management (IAM) with DevOps processes. DevOps, a software development methodology that emphasizes collaboration, automation, and continuous integration and deployment, has become increasingly popular among organizations seeking to accelerate software delivery and improve agility. The integration of IAM with DevOps is driven by the need to enhance security, compliance, and efficiency throughout the software development lifecycle. Traditionally, identity and access management functions have operated independently from development and operations teams, leading to siloed processes and inefficiencies. However, as organizations adopt DevOps practices to streamline software delivery and increase collaboration between development and operations teams, there is a growing recognition of the importance of integrating IAM into DevOps workflows. By integrating identity and access management with DevOps, organizations can ensure that security and compliance considerations are built into the development process from the outset. This includes implementing identity governance and access controls as code, automating user provisioning and de-provisioning, and enforcing security policies and controls throughout the software development lifecycle. Additionally, integrating IAM with DevOps enables organizations to leverage identity-related data and insights to improve application security, monitor access patterns, and detect anomalous behavior.

The integration of IAM with DevOps facilitates the adoption of bimodal identity management solutions that support both traditional and modern application architectures. Bimodal solutions provide the flexibility and scalability needed to manage identities and access controls across hybrid IT environments, including traditional on-premises systems, cloud-based applications, and containerized microservices. By integrating IAM with DevOps, organizations can ensure consistent identity management practices across diverse environments and application architectures, enabling seamless collaboration and innovation.


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United States Bimodal Identity Management Solutions Market is segmented into by vertical, by oragnization size, by deployment, by region and by company

Based on Vertical, the United States Bimodal Identity Management Solutions Market witnessed the resounding dominance of the BFSI (Banking, Financial Services, and Insurance) vertical, and this sector is poised to maintain its supremacy throughout the forecast period. The BFSI (Banking, Financial Services, and Insurance) industry's preference for bimodal identity management solutions arises from its inherent requirement for robust security measures alongside the agility necessary to navigate the swiftly evolving landscape of financial technology. Bimodal solutions provide the BFSI sector with a strategic advantage by seamlessly integrating traditional identity management protocols with modern, adaptive technologies, ensuring the protection of sensitive financial data against advancing cyber threats. Additionally, the BFSI sector faces stringent regulatory requirements, making compliance a crucial consideration. Bimodal identity management solutions not only address these compliance mandates effectively but also support the sector's operational resilience amid dynamic market conditions. As the BFSI industry continues to invest significantly in digital transformation initiatives and as cyber threats persistently target financial institutions, the demand for bimodal identity management solutions is expected to rise, solidifying the BFSI vertical's dominance in the United States market. This dominance is further reinforced by the sector's recognition of the necessity for a comprehensive, flexible, and future-proofed approach to identity and access management, positioning the BFSI vertical as a prominent driver of growth in the United States Bimodal Identity Management Solutions Market.

Based on region, The South US region is emerging as the fastest-growing market for bimodal identity management solutions in the United States. This growth is driven by the region's diverse business landscape, which includes finance, healthcare, technology, and manufacturing. As businesses in the South embrace digital transformation and cloud technologies, the demand for flexible and scalable identity and access management (IAM) solutions increases. The region’s strategic location and extensive business network also heighten the need for robust IAM strategies to combat cyber threats and data breaches. With a skilled workforce and a vibrant technology ecosystem, the South fosters innovation in identity management solutions while also addressing regulatory compliance challenges. However, the market faces challenges such as interoperability, scalability, and resource constraints, which require careful planning and management to overcome.


Key market players in the United States Bimodal Identity Management Solutions Market are: -

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • RSA Security LLC
  • Ping Identity Holding Corp.
  • ForgeRock, Inc.
  • OneLogin, Inc.
  • SailPoint Technologies Holdings, Inc.

 

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“Organizations adopting bimodal identity management solutions to navigate the evolving cybersecurity landscape often face challenges integrating these systems with their existing IT infrastructure. Legacy systems, custom applications, and diverse cloud services can create integration difficulties, leading to fragmented security controls and siloed identity management. To address these issues, organizations should focus on interoperability and standards-based protocols, utilizing identity federation and IDaaS platforms to ensure seamless integration. Investing in comprehensive identity governance solutions will help streamline management and enhance security across hybrid IT environments”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

United States Bimodal Identity Management Solutions Market By Vertical (Education, BFSI, Manufacturing, Telecom and IT, Energy, Healthcare and Life Sciences, Public Sector & Utilities, Retail), By Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), By Deployment (Cloud-based, On-Premise), By Region, Competition, Forecast and Opportunities, 2019-2029F,” has evaluated the future growth potential of United States Bimodal Identity Management Solutions Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Bimodal Identity Management Solutions Market.


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United States Bimodal Identity Management Solutions Market By Vertical (Education, BFSI, Manufacturing, Telecom and IT, Energy, Healthcare and Life Sciences, Public Sector & Utilities, Retail), By Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), By Deployment (Cloud-based, On-Premise), By Region, Competition, Forecast and Opportunities, 2019-2029F

ICT | Aug, 2024

The United States Bimodal Identity Management Solutions Market is rising due to increasing cybersecurity concerns and the need for a flexible approach that combines traditional and modern identity management methods to address evolving security challenges during the forecast period 2025-2029

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