On the basis of component, the identity and access management market is segmented into solutions and services. Solutions are further segmented into data directory, identity lifecycle management, authentication, verification, password management, access management, and authorization, and audit, compliance, and governance. Data directory is sub-segmented into storage, synchronization/meta directories and virtualization/virtual directories. Identity lifecycle management is sub-segmented into provisioning and de-provisioning. Authentication is segmented into single factor authentication, 2-factor authentication and multi-factor authentication. Password management is sub-segmented into self-service password reset (SSPR), password reset and password synchronization.

On the basis of deployment, the identity and access management market is segmented into on-premises and cloud.

On the basis of organization size, the identity and access management market is segmented into large enterprises and SMEs.

On the basis of vertical, the identity and access management market is segmented into banking, financial services, and insurance (BFSI), information technology (IT) and information technology enabled services (ITes), construction and real estate, retail and e-commerce, manufacturing, government and non-profit organizations, healthcare and others.