The study involved major activities in estimating the current market size for the IDaaS market. Exhaustive secondary research was done to collect information on the IDaaS industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the IDaaS market.
Secondary Research
Secondary research was used to obtain key information about the industry’s supply chain, country-wise technology spending, the total pool of key players, market classification and segmentation, key developments from market and technology-oriented perspectives, economic trends, and currency exchange rates. For instance, the market size of companies offering IDaaS to various verticals is based on the secondary data available through paid databases and publicly available information.
In the secondary research process, various sources were referred to for identifying and collecting information, including annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; articles from recognized authors; directories; and databases. The product portfolio of the major companies in the ecosystem was analyzed, and the companies were rated based on their performance and quality.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included various industry experts, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating on the IDaaS market.
In the market engineering process, top-down and bottom-up approaches and several data triangulation methods were extensively used to perform market estimation and market forecasting for the overall market segments and sub-segments listed in the report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.
Following is the breakup of the primary study:

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Market Size Estimation
In the market engineering process, top-down and bottom-up approaches and several data triangulation methods were extensively used to perform market estimation and market forecasting for the overall market segments and subsegments listed in the report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights from industry leaders, such as CEOs, VPs, directors, and marketing executives. All percentage splits and breakups were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The data is consolidated and added to detailed inputs and analysis from MarketsandMarkets.
Top-Down approach:

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Data Triangulation
After arriving at the overall market size using the market size estmation processes explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Identity as a Service (IDaaS) refers to Identity and Access Management (IAM) services offered through the cloud or Software-as-a-Service (SaaS) on a subscription basis. IDaaS enables users to connect and use identity management services from the cloud. Software vendors continuously follow the transition features from on-premises to the cloud by keeping their functions and data in the cloud. It has led to an increased usage of IDaaS, an authentication infrastructure kept in the cloud. IDaaS comprises cloud-based solutions that provide IAM and access governance capabilities as a service, ranging from Single Sign-On (SSO) to identity provisioning and access governance.
Key Stakeholders
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Chief technology and data officers
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Managed Security Service Providers (MSSPs)
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IDaaS vendors
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Business analysts
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Information Technology (IT) professionals
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Investors and venture capitalists
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Third-party providers
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Consultants/consultancies/advisory firms
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Retail and eCommerce vendors
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Project managers
Report Objectives
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To describe and forecast the global IDaaS market by component, deployment type, vertical, and region.
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To forecast the market size of five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
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To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
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To provide detailed information on significant factors (drivers, restraints, opportunities, and challenges) influencing the market’s growth
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To analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major players
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To profile the key players of the IDaaS market and comprehensively analyze their market shares and core competencies
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Track and analyze competitive developments, such as mergers and acquisitions (M&A), new product developments, and partnerships and collaborations in the market.
Customization Options
With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:
Geographic Analysis
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Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
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Further breakup of the North American market into countries contributing 75% to the regional market size
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Further breakup of the Latin American market into countries contributing 75% to the regional market size
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Further breakup of the Middle Eastern and African market into countries contributing 75% to the regional market size
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Further breakup of the European market into countries contributing 75% to the regional market size
Company Information
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Detailed analysis and profiling of additional market players (up to 5)
Henry
Mar, 2022
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