How User Experience is Shaping Identity and Access Management Trends

The identity and access management market was estimated at USD 13.7 billion in 2022 and is likely to grow at a CAGR of 15.2% during 2023-2028 to reach USD 32.1 billion in 2028.

Identity and access management is referred to as a system that acts as a framework for businesses that simplifies the overall management of electronic identities. The technology can be used to record, capture, manage, and initiate user identities and their respective permissions in a manner that is automated. IAM offers customers benefits such as enhancing security profiles, increasing productivity, allowing easy access, improving user experience, and lowering the overall IT cost.