IDC: China's Unified Identity Management Platform Market Reaches RMB 2.46 Billion in 2023, Up 3.6% YOY
IAM/IGA
Hong Kong, May 30, 2024
IDC has officially released its market share research report on China's unified identity management platform products, titled "China Unified Identity Management Platform Market Share, 2023: Microservices, Standardization, and Intelligence Becoming Consensus"《中国统一身份管理平台市场份额,2023:微服务化、标准化、智能化成为共识》 (Doc # CHC50964524, May 2024). The report provides an in-depth analysis of the market size, growth rate, key players, and the development trends of the market and technology in 2023.
As the digital economy grows and enterprises expand, identity authentication has become the first line of defense in ensuring the security of enterprise information systems. Effective identity authentication and unified management allow enterprises to ensure that only authorized personnel or assets can access sensitive information and critical resources, effectively preventing unauthorized access from both inside and outside. This also simplifies business management processes, reducing management costs and complexity for enterprises. Therefore, in a highly interconnected digital world, identity security remains an essential component of enterprise network and data security construction.
According to IDC data, the market size of China's unified identity management platform reached RMB 2.46 billion in 2023, marking a 3.6% year-on-year growth compared to 2022. Identity security holds a critical position in overall network security construction, and the market is populated by numerous identity management providers. Leading players are typically professional firms with long-term technical accumulation and market cultivation in identity security, such as Asiainfo Security, Zhuyun, Xindun, Palas Software, and Alibaba Cloud. For detailed insights, refer to the chart below:
IDC identifies the following key trends for technology service providers to focus on:
Digital Identity for Assets: Managing the lifecycle of digital identities helps enterprises reduce costs and increase efficiency while enhancing security. As enterprise operations become more complex and emerging technologies like cloud computing, IoT, 5G, and industrial internet become widely applied, identity authentication needs to extend beyond users/personnel to include terminal devices and business systems, requiring multi-dimensional and correlated identification and authentication.
Essential Security Service Capabilities: Building a unified identity management platform demands significant effort from security service personnel to comprehensively organize complex identity resources and cater to the unique needs of various industry users. Therefore, technology providers must continuously strengthen their security service capabilities, enhancing platform compatibility with enterprise operations through services like security consulting, integration, and managed security services.
AI in Identity Authentication and Management: The deep application of AI significantly improves management efficiency and customer experience. Advanced technologies like big data analysis and AI play crucial roles in identity recognition and verification and contribute positively to identity management and risk detection, such as automatic asset identification and orchestration, user behavior detection and correlation analysis, and automated security incident handling and response, reducing staff workload and improving cost-efficiency.
Identity as a Service (IDaaS): As the future trend, IDaaS will become an important choice for enterprises seeking cloud-based identity security. While the current domestic market for unified identity management platforms is dominated by localized deployments, the rapid development of the global and Chinese cloud computing markets necessitates centralized authorization and auditing for various user types accessing enterprise applications, enabling a single system to manage all accounts and providing seamless access to all application services.
Growing Demand for Customer Identity and Access Management (CIAM): In the digital and mobile era, CIAM helps enterprises create precise customer profiles and understand customer needs, building personalized customer experiences through customized services, thus enhancing customer satisfaction and brand loyalty. Both professional identity security technology providers and technically proficient enterprise customers are continually improving their CIAM product capabilities and system construction, highlighting its increasing importance in the overall domestic identity and access management market.
Austin Zhao, Senior Research Manager for IDC China's Network Security Market, commented that enterprises are connecting with increasingly complex people and assets, significantly expanding their exposure. Unified identity management platforms help enterprises build identity-centric security governance systems, providing digital identities to relevant personnel and assets for precise identification and management, breaking down information silos between application systems and achieving comprehensive unified identity management and threat detection.