23 August, 2005 - 9:22am

A new report by analyst research firm, International Data Corp., predicts the market for identity and access management (IAM) products will grow to approximately $4 billion by 2009. This is nearly double the $2.3 billion IAM market in 2004.

According to IDC, the main factors fueling existing and emerging market demands include:

• Compliance with regulatory mandates (e.g., Sarbanes-Oxley, Gramm-Leach Bliley Act, Health Insurance Portability and Accountability Act)
• Increasing and broadly publicized cases of identity fraud
• Greater adoption of wireless and remote technologies
• Maturation of biometric technology
• Ongoing standards evolution for identity federation and Web services security

More details are available in their comprehensive study, "Worldwide Identity and Access Management 2005-2009 Forecast and Analysis".