Identity as a Service Market Estimated to Experience a Hike in Growth by 2033
The Identity as a Service (IDaaS) market encompasses cloud-based solutions that offer identity and access management functionalities, enabling organizations to streamline authentication, authorization, and user provisioning processes. This market includes single sign-on, multi-factor authentication, and identity governance services, providing enhanced security, compliance, and user experience. As digital transformation accelerates, IDaaS solutions become pivotal in safeguarding data and ensuring seamless access across diverse applications and devices.