U.S. Identity as a Service (IDaaS) Market is expected to grow with a CAGR of 15.7% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
U.S. Identity as a Service (IDaaS) market is consolidated, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenarios.
The major players dealing in U.S. Identity as a Service (IDaaS) market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
Okta is the dominating player in U.S. Identity as a Service (IDaaS) market. The other key players existing in the market include Microsoft, IBM Corporation, among others.
Okta was incorporated in 2009 and is headquartered in California, U.S. The company is engaged in developing and providing identity solutions to customers. The product and solution categories of the company include Identity Cloud. The market-focused category is Identity Cloud.
The company has a presence in North America, Europe, Asia-Pacific. In addition to it, the company also generates its revenue from various subsidiary companies such as Okta Australia Pty Ltd. (Australia), AuthClub Inc. (U.S.), SpydrSafe Mobile Security Inc. (U.S.), and among others.
Microsoft is founded in 1975 and headquartered in Washington, U.S. The company is engaged in manufacturing and providing cloud-based solutions with software, services, platforms, and content and also provides support and consultancy services. The business segments of the company include productivity and business processes, intelligent cloud, and more personal computing. The product categories of the company include AI+ machine learning, analytics, blockchain, computers, containers, databases, DevOps, developer tools, hybrid + multicloud, Identity, integration, internet of things, management and governance, media, migration, mixed reality, mobile, networking, security, storage, web, and windows virtual desktop. The market-focused category is Identity.
The company has a presence in North America, South America, Europe, Asia, Middle East, and Africa. In addition, the company also generates its revenue from various subsidiary companies such as GitHub (U.S.), Yammer (U.S.), Microsoft India (India), Skype Communications S.a r.l. (U.S.), LinkedIn Corporation (U.S.) and others.
IBM Corporation was incorporated in 1911 and is headquartered in New York, U.S. The company is engaged in manufacturing and providing new security technological solutions for businesses in various industries. The business segments of the company include cloud and cognitive software, global business services, global technology services, and global financing, where the market-focused business segment is cloud and cognitive software. The product and solution categories include automation, top software trials, discounts, and special offers, analytics, blockchain, cloud, industries, business operations, I.T. infrastructure, security, sterling supply chain, Watson, and others. The market-focused category is security.
The company has a presence in North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. In addition to it, the company also generates its revenue from various subsidiary companies such as Red Hat Software (Americas), IBM India Private Limited (India), Weather Underground (U.S.), Aspera (U.S.), Fiberlink Communications Corp. (U.S.), among others.