$4.7bn
$XX.Xbn
8,465
171
$X.Xbn
The Identity Management Software (IAM) sector in the US fell slightly after the intensity of the COVID boom, reaching $3.5 billion in 2024 after falling at a CAGR of 1.6%. This expansion accelerated adoption of digital infrastructures catalyzed by the pandemic. IAM solutions, notably single sign-on (SSO) and multi-factor authentication (MFA), have enhanced network security and employee productivity, especially as remote work remains prevalent.
Industry revenue has grown at a CAGR of 6.7 % over the past five years, to reach an estimated $4.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Microsoft Corporation | 1,826.3 | 737.2 | 40.4 | |
Okta, Inc. | 997.5 | -298.6 | -29.9 | |
Logmein, Inc. | 308.3 | 0.7 | 0.2 |
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Industry revenue is measured across several distinct product and services lines, including ID mgmt. access control, ID mgmt. SSO and Multifactor authentication. ID mgmt. access control is the largest segment of the Identity Management Software in the US.
Demand for robust ID management access control and SSO has grown steadily
Companies in this industry offer software systems that manage user identity and access to corporate resources, commonly known as IAM (Identity Access Management) systems. Individual solutions such as password managers are also included in this industry.
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NAICS 51121 - Identity Management Software in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Work-from-home has fueled substantial revenue growth over the pandemic. Employers have since adopted a hybrid schedule model, effectively requiring double the identity manage...
Learn about an industry's products and services, markets and trends in international trade.
Single sign-on authentication remains the industry’s most popular product. It enables users to access multiple systems with a single ID or password without any further authen...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Metropolitan centers are popular destinations for developers. Urban areas tend to have better internet connections, and many downstream markets congregate in them, too.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The top four companies compete with each other for market dominance. Microsoft is by far the biggest fish in the industry, with a market share of over 40.0%.
Learn about the performance of the top companies in the industry.
Microsoft runs the show, with a market share of over 40.0%. Microsoft is heavily invested in technology overall including the industry’s main external competition, cloud comp...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
International regulations are an important obstacle developers need to navigate. Because of the decentralized nature of the digital space, it is crucial for developers to cre...
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High profitability has been maintained by increased demand from the commercial market. Rising corporate profit across all industries has driven increased investment in indust...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Identity Management Software in the US industry in United States is $4.7bn in 2024.
There are 171 businesses in the Identity Management Software in the US industry in United States, which has grown at a CAGR of 11.6 % between 2019 and 2024.
The market size of the Identity Management Software in the US industry in United States has been growing at a CAGR of 6.7 % between 2019 and 2024.
Over the next five years, the Identity Management Software in the US industry in United States is expected to grow.
The biggest companies operating in the Identity Management Software market in United States are Microsoft Corporation, Okta, Inc. and Logmein, Inc.
Developing and publishing single sign-on software systems and Developing and publishing multifactor authentication software systems are part of the Identity Management Software in the US industry.
The company holding the most market share in United States is Microsoft Corporation.
The level of competition is moderate and increasing in the Identity Management Software in the US industry in United States.