Global Physical Identity and Access Management Market

Physical Identity and Access Management Market Overview

• The Global Physical Identity and Access Management Market Size is Expected to Grow from 3.42 Billion in 2023 to USD 9.55 Billion by 2033, at a CAGR of 10.81% during the forecast period 2023-2033.
• The PIAM market is expanding due to a number of causes. Organizations must now invest in strong access control systems due to the rising incidence of physical threats and security breaches.
• To illustrate the weaknesses in both digital and physical security, the Identity Theft Resource Center, for example, projected a 17% rise in data breaches in 2021 over 2020.

Major Vendors in the Physical Identity and Access Management Market

HID Global, AlertEnterprise, Quantum Secure, LenelS2, Honeywell, Genetec, Avigilon, AMAG Technology, IDEMIA, Tyco Security Products, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the physical identity and access management market based on the below-mentioned segments:

Global Physical Identity and Access Management Market, By Industry

• Healthcare
• Financial Services

Global Physical Identity and Access Management Market, By Deployment Model

• Cloud-Based PIAM Solutions
• On-Premise PIAM Solutions

Global Physical Identity and Access Management Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa