Physical Identity and Access Management (PIAM) Market is thriving worldwide by 2029

PIAM is a security-based technology that offers authentication, authorization and provisioning services to control access to doors and other physical environments. The global physical identity and access management (PIAM) market has significant growth during the forecast period owing to increasing adoption of PIAM technologies by the various end-use industry such as aerospace & defense, and IT & Telecom industry, coupled with product expansion and technology expansion in the industry. PIAM offers real value by reducing both digital and physical security risks in security-conscious enterprises. It manages policies, procedures and access rules for onboarding and off-boarding of all kinds of worker identities including full or part-time employees, contractors, vendors or temporary workers.

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The global physical identity and access management (PIAM) market is segmented on the basis of component and vertical as well as regional outlook. Based on the component, the global PIAM market is divided into hardware and software & services. The hardware segment is estimated to have a significant market share in the global PIAM market during the forecast period. The software & service segment is estimated to have a significant market growth owing to the growing adoption of designing and consulting services for PIAM. Based on vertical, the global PIAM market is segmented into the aerospace & defense, IT and telecommunication, BFSI, transportation & logistics and others. Moreover, the global PIAM market segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America estimated to have a significant market share in the global PIAM market due to rising adoption of the PIAM technology by different industry such as aerospace & defence. Further, Asia-Pacific has significant growth in the PIAM market.

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Market Coverage

  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

 Market Segmentation

Global PIAM Market by Component

  • Hardware
  • Software & Services

Global PIAM Market by Vertical

  • Aerospace & Defense
  • IT and Telecommunication
  • BFSI
  • Transportation & logistics
  • Others (Pharma and Education)

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles

  • Access Security Corp.
  • AlertEnterprise Inc.
  • alfrednet s.r.l.
  • Atos SE
  • Avatier Corp.
  • Convergint Technologies LLC
  • E&M Technologies, Inc.
  • Gemalto NV
  • HID Global Corp.
  • IBM Corp.
  • IDCUBE Identification Systems (P) Ltd.
  • Identiv, Inc.
  • Micro Focus International PLC
  • Microsoft Corp.
  • Nexus Group
  • Okta, Inc.
  • One Identity LLC
  • Oracle Corp.
  • Sequr Inc.
  • Widas ID GmbH

The Report Covers

  • Comprehensive research methodology of the global physical identity and access management market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global physical identity and access management market.
  • Insights about market determinants which are stimulating the global physical identity and access management market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

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