Skip to main content

Identity Management Software Market to reach $4.9 Bn by 2012

Proliferation of access levels and number of highly sensitive transactions has brought to fore the importance of identity management in the corporate world. Regulatory requirements are one of the critical factors providing impetus to market growth. Laws such as GLBA, HIPAA, California SB 1386, Sarbanes-Oxley, the USA Patriot Act, and the EU Data Protection Directive require businesses to establish authentic users by employing realistic methods and monitor access to resources, while also protecting user privacy. To meet growing demand, vendors are focusing on end-to-end identity management products to enable businesses to manage identity security issues. Integration of meta-directories and password management into provisioning and tighter integration between Web single sign-on and provisioning solutions are some of the key product trends. Federated identity management (http://www.strategyr.com/Identity_Management_Software_Market_Report.asp) is also fast gaining market acceptance.

United States market for identity management software, the largest market worldwide, is estimated at $1.45 billion, as stated by Global Industry Analysts, Inc. Global identity management software market (http://www.strategyr.com/Identity_Management_Software_Market_Report.asp) is dominated by US and Europe, which collectively account for nearly 75% of the market. Authorization represents the largest segment with sales estimated at $1.6 billion in 2007. Market for authentication software in the US is expected to cross the $500-million mark by 2013.


More here...

Comments

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus

Virtualization: GlassHouse hopes to cash in with its IPO!

GlassHouse Technologies Inc. on Tuesday registered to raise as much as $100 million in an initial public offering that, despite the company's financial losses, could prove a hit with investors drawn to its focus on "virtualization" technology. The Framingham, Mass., company offers consulting services for companies that use virtualization software to improve the performance of corporate servers and cut costs in their data centers. GlassHouse also provides Internet-based data storage. "Software-as-a-service," or SaaS, companies and vendors of virtualization products have proved popular among investors in recent years as corporate customers seek alternatives to conventional packaged software. GlassHouse, with roots in both sectors, will test the strength of that interest, said Peter Falvey, managing director with Boston investment bank Revolution Partners. "It will be a bit of a bell weather," he says. "It's not as though it's the 15th SaaS m...