Rescue from Identity Fraud - IAM Industry to Grow Massively by 2011

Released on: December 17, 2007, 1:57 am

Press Release Author: Shushmul Maheshwari

Industry: Media

Press Release Summary: Increasing identity frauds and growing concern of the
companies to prevent unauthorized access to vital business information will lead to
significant growth of the identity and access management industry, says RNCOS

Press Release Body: According to a recent report on the Global Identity & Access
Management Services "Identity & Access Management Services" published by RNCOS, it
is expected that the identity and access management market will grow at a CAGR of 7%
during the period spanning from 2007 to 2011.

The report highlights that the future growth of IAM (Identity and Access Management)
market is likely to be mainly driven by the growing number of identity-related
frauds which resulted in loss of billions of dollar. Besides, increasing number of
customers from all segments are also seeking for IAM solutions in order to automate
the course of managing and protecting the access to the valuable data, which will
also strongly influence the future growth of IAM industry.

The study also identifies the forces that will stimulate the growth of the market
that include the rising concern by the companies to safeguard their customer
database and vital business information and enhanced investment in the technologies
related to identity management.

The RNCOS report also discusses about the challenges that are obstructing the global
IAM market in moving forward, such as heavy initial investment, compatibility and
privacy issues, and complexity in management. But at the same time, high rate of
return in the form of growing security, controlled unauthorized information access
and time saving will compensate for the challenges posed by the deterring factors.

Furthermore, the research also marks the prospective areas that will show
substantive growth on account of the application of identity management services in
industries like defense, banking, and automotive manufacturing.

Apart from the growth promoters and roadblocks, \"Identity & Access Management
Services" gives a comprehensive and updated overview of the global identity
management industry. The report covers various parameters of the market like market
performance, industry analysis, and future outlook in order to present a rational
outlook of the identity management industry on a global perspective.

The report also provides information about the key opportunities and challenges
critical to the success of identity management service industry. The projection
given in the research is entirely based upon the evaluation of previous market
growth and base drivers.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit:
Current Industry News:

Web Site:

Contact Details: RNCOS E-Services Pvt. Ltd.
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92

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