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Physical Identity and Access Management Market Worth $546.2 Million by 2019
Date:8/5/2015

CHICAGO, August 5, 2015 /PRNewswire/ --

According to a new market research report, "Physical Identity & Access Management Market by Software, Services, Vertical (BFSI, Airport, IT & Telecom, Utilities, Education, Defense & Security, Chemical/Pharma), & Geography - Global Forecast to 2020", published by MarketsandMarkets, defines and segments the Physical Identity and Access Management Market globally into various segments. The global PIAM Market is estimated to grow from $272.2 Million in 2014 to $546.2 Million by 2019, at a CAGR of 14.9 % from 2014 to 2019.

Browse 34 market Tables and 44 Figures spread through 79 Pages on "Physical Identity & Access Management Market"

http://www.marketsandmarkets.com/Market-Reports/physical-iam-market-235309861.html
Early buyers will receive 10% customization on this report.

Physical identity & access management (PIAM) is a solution that allows organizations to centrally manage the lifecycle of identities, such as permanent and temporary employees, contractors, service providers, and vendors. Physical identification, authentication, and access management are the major processes of PIAM solutions. PIAM's major offerings are corporate badge management, airport badging, and visitor management. It also integrates with logical security systems to safeguard synchronized and policy-based on/off-boarding of identities and its physical access across multiple and disparate physical security systems.

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PIAM solutions are mostly used in verticals such as BFSI (banking, financial services & insurance, airport, IT & telecom, government & public sector, defence & security, utilities, transportation & logistics, chemical/pharma, education, and others (others include retail, manufacturing, and so on). The BFSI segment leads the global PIAM market, mainly owing to the sensitive nature of the assets and data maintained for clients, where security is considered to be of prime importance. However, airport is considered to be one of the promising markets in the global PIAM market as it provides unique solutions for airports. These include badges for airport authorities, automated badging processes for on boarding, change of access, and termination.

The global physical identity & access management market is segmented on the basis of geography into major regions, such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific and Middle East are considered to be the emerging markets for PIAM solutions. The PIAM market in Asia-Pacific is expected to grow at a CAGR of 22.0% while Middle East is expected to register a CAGR of 22.9% during the forecast period.

The global Physical Identity and Access Management Market report also includes market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market. The report further provides a competitive benchmarking of leading players in the industry, such as Quantum Secure, Alert Enterprise, Identiv, Intellisoft, Integid, and others in terms of their product offerings, key strategies, and operational parameters. It provides the global market trends, overall adoption scenarios, competitive landscape, with key drivers, restraints, and opportunities in this market. The report aims to estimate the current size and future growth potential of this market across the different deployment and component vertical.

Browse Related Reports:- 

Identity and Access Management Market by Deployments (On-premise, Cloud IAM), by Components (Provisioning, Directory, SSO, Advanced Authentication, Password Management, Audit, Compliance & Governance), by Organization Size - Global Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/identity-access-management-iam-market-1168.html

Threat Intelligence Security Market by Solution (SIEM, Log Management, IAM, SVM, Risk Management, Incident Forensics), Service (Managed, Professional), Deployment, Organization Size, Vertical, Region - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/threat-intelligence-security-market-150715995.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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