The Global Identity and Access Management Market was worth US$ 22.09 billion in 2023 and is estimated to reach US$ 40.05 million by 2031, growing at a CAGR of 8.31% during the forecast period (2024-2031). IAM (Identity and Access Management) is a management system that allows businesses to manage their electronic identities. The technology can automatically gather, record, manage and initiate user identities and rights.