SOURCE: The Radicati Group, Inc.

February 09, 2007 19:42 ET

Identity Management Market Grows Rapidly, Driven by Regulations and Security Issues

A New Study by the Radicati Group Finds That the Identity Management Market Has Grown by Almost 50% Over the Past 12 Months

PALO ALTO, CA -- (MARKET WIRE) -- February 9, 2007 -- The Radicati Group's latest study, "Identity Management Market, 2007-2011" provides market size, four-year forecasts, technology trends, and competitive information for the Identity Management market. Identity Management solutions are becoming widely used corporate products, helping companies to protect and manage their IT resources, as well as roles and access privileges of internal and external users.

The demand for Identity Management suites continues to be dominated by security and cost-cutting benefits; however, regulatory compliance is becoming equally important, especially for companies in North America. Various regulations, including the Sarbanes-Oxley Act, HIPAA, and others, may require companies to provide audit trails of all user actions to government auditors, and oblige top executives to be certain that no users have violated their access rights or used digital resources inappropriately.

According to the study, the Identity Management market, including all segments: full-suites, provisioning, secure access/authentication, and federated identity solutions will reach over $2.8 billion in 2007 in worldwide revenues, and grow to almost $13 billion by 2011.

To order a copy of the study, or for additional information about our market research programs, please visit our web site at http://www.radicati.com, or call Lisa Nguyen at (650) 322-8059.

About The Radicati Group, Inc.

The Radicati Group covers all aspects of e-mail security, e-mail archiving, regulatory compliance, wireless technologies, web services, identity management, instant messaging, unified communications, VoIP, and more. The company provides quantitative and qualitative information, including detailed market size, installed base and forecast information on a worldwide basis, as well as detailed country breakouts.

The Radicati Group works with corporate organizations to assist them in selecting the right products and technologies to support their business needs, as well as with vendors to define the best strategic direction for their products. We also work with investment firms on a worldwide basis to help them identify and assess investment opportunities.

The Radicati Group, Inc. is headquartered in Palo Alto, CA, with offices in London, Hong Kong, and Melbourne.

Contact Information

  • Contact:
    Lisa Nguyen
    The Radicati Group, Inc.
    (650) 322-8059
    Email Contact