Market Forecast By Component (Solutions , Services), By Solutions (Identity Governance, Identity Verification, Authentication), By Vertical (BFSI, Hospitality, Healthcare, Retail and e-commerce, Public Sector, Automotive, Education, IT), By Deployment Mode (Cloud, On-Premises), By Organization Size (Large Enterprises, SMEs) And Competitive Landscape
Product Code: ETC4387225 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | India Consumer IAM Market |
Forecast period | 2025-2031 |
CAGR | 15.2% |
Growing Sector | BFSI |
The India Consumer IAM Market Report thoroughly covers the market by component, solutions, vertical, deployment mode, and organization size. The India Consumer IAM Market Outlook report provides an unbiased and detailed analysis of the ongoing India Consumer IAM Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India Consumer IAM Market is expected to continue its rapid growth in the coming years, driven by factors such as increasing digitalization, growing e-commerce sector, and rising awareness about data privacy. With the introduction of new technologies like biometrics, AI, and blockchain in CIAM solutions, the market is set to witness disruptive innovations in the near future.
According to 6Wresearch, the India Consumer IAM Market size is anticipated to rise at a CAGR of 15.2% during 2025-2031. One of the major drivers for the growth of the India consumer IAM market is the increasing concerns regarding data security and privacy. With numerous cyber attacks and data breaches being reported in recent years, individuals and organizations are becoming more aware of the importance of identity and access management in safeguarding their digital assets. In addition, the rising adoption of online services such as e-commerce, banking, and healthcare has also fueled the need for secure access management. These factors are stimulating the India Consumer IAM Market growth.
One of the major challenges is the lack of awareness and understanding about consumer IAM solutions among small and medium enterprises (SMEs). Many SMEs in India still rely on traditional methods of managing user identities, which may not be sufficient to protect against modern cyber threats. As a result, there is a need for more education and training initiatives to increase the adoption of consumer IAM solutions among SMEs.
The India consumer IAM market has seen a significant growth in recent years, with key players such as Infosys, Wipro, and Tata Consultancy Services dominating the market. These companies have been instrumental in providing innovative solutions to address the growing need for identity and access management (IAM) among Indian consumers.
The government of India has launched several initiatives that are expected to boost the demand for Consumer IAM solutions in the country. One such initiative is the Aadhaar project, which aims to provide a unique 12-digit identification number to all residents of India. This biometric-based system has already registered over 1.2 billion people and is being used for various purposes, including online verification and authentication. Another significant initiative is the Digital India program, which aims to transform India into a digitally empowered society and knowledge economy. This program has led to increased adoption of digital services and has created a favourable environment for the growth of Consumer IAM solutions in the country.
The future outlook of the India Consumer IAM market is highly positive. With the increasing number of internet users and growing awareness about data security, there will be a strong need for robust identity management solutions. Additionally, with the rise of e-commerce and digital payments, the demand for secure authentication and authorization methods will only continue to grow. Moreover, as more organizations in India embrace remote working and bring your device (BYOD) policies, there will be a greater need for solutions that can effectively manage identities across different devices and platforms.
According to Nikhil, Senior Research Analyst, 6Wresearch, one key component segment that is witnessing significant growth is solutions. IAM solutions offer a comprehensive set of features such as identity verification, access control, and single sign-on, which are in high demand as organizations struggle to keep their digital assets and customer data secure.
The BFSI sector is the largest adopter of consumer IAM solutions in India. The growing number of financial transactions and increase in digital banking services have led to an increasing need for secure and user-friendly authentication methods. Additionally, the strict regulatory compliance requirements imposed by organizations such as RBI (Reserve Bank of India) have also contributed to the adoption of consumer IAM solutions in this sector.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Consumer IAM Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Consumer IAM Market Revenues & Volume, 2021 & 2031F |
3.3 India Consumer IAM Market - Industry Life Cycle |
3.4 India Consumer IAM Market - Porter's Five Forces |
3.5 India Consumer IAM Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 India Consumer IAM Market Revenues & Volume Share, By Solutions, 2021 & 2031F |
3.7 India Consumer IAM Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.8 India Consumer IAM Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.9 India Consumer IAM Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Consumer IAM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in India |
4.2.2 Growing awareness about data privacy and security among Indian consumers |
4.2.3 Rise in online transactions and e-commerce activities in India |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations for consumer identity and access management in India |
4.3.2 Concerns over data breaches and cybersecurity threats |
4.3.3 Limited awareness and understanding of consumer IAM solutions among Indian businesses |
5 India Consumer IAM Market Trends |
6 India Consumer IAM Market, By Types |
6.1 India Consumer IAM Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Consumer IAM Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 India Consumer IAM Market Revenues & Volume, By Solutions , 2021 - 2031F |
6.1.4 India Consumer IAM Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 India Consumer IAM Market, By Solutions |
6.2.1 Overview and Analysis |
6.2.2 India Consumer IAM Market Revenues & Volume, By Identity Governance, 2021 - 2031F |
6.2.3 India Consumer IAM Market Revenues & Volume, By Identity Verification, 2021 - 2031F |
6.2.4 India Consumer IAM Market Revenues & Volume, By Authentication, 2021 - 2031F |
6.3 India Consumer IAM Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India Consumer IAM Market Revenues & Volume, By BFSI, 2021 - 2031F |
6.3.3 India Consumer IAM Market Revenues & Volume, By Hospitality, 2021 - 2031F |
6.3.4 India Consumer IAM Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.5 India Consumer IAM Market Revenues & Volume, By Retail and e-commerce, 2021 - 2031F |
6.3.6 India Consumer IAM Market Revenues & Volume, By Public Sector, 2021 - 2031F |
6.3.7 India Consumer IAM Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.8 India Consumer IAM Market Revenues & Volume, By IT, 2021 - 2031F |
6.3.9 India Consumer IAM Market Revenues & Volume, By IT, 2021 - 2031F |
6.4 India Consumer IAM Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 India Consumer IAM Market Revenues & Volume, By Cloud, 2021 - 2031F |
6.4.3 India Consumer IAM Market Revenues & Volume, By On-Premises, 2021 - 2031F |
6.5 India Consumer IAM Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India Consumer IAM Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.5.3 India Consumer IAM Market Revenues & Volume, By SMEs, 2021 - 2031F |
7 India Consumer IAM Market Import-Export Trade Statistics |
7.1 India Consumer IAM Market Export to Major Countries |
7.2 India Consumer IAM Market Imports from Major Countries |
8 India Consumer IAM Market Key Performance Indicators |
8.1 Average time taken for consumer identity verification |
8.2 Percentage increase in adoption of multi-factor authentication by Indian consumers |
8.3 Number of reported data breaches in India involving consumer data |
8.4 Rate of growth in the usage of biometric authentication methods in consumer IAM applications |
8.5 Percentage of Indian businesses investing in consumer IAM solutions to enhance customer experience |
9 India Consumer IAM Market - Opportunity Assessment |
9.1 India Consumer IAM Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 India Consumer IAM Market Opportunity Assessment, By Solutions, 2021 & 2031F |
9.3 India Consumer IAM Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.4 India Consumer IAM Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.5 India Consumer IAM Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Consumer IAM Market - Competitive Landscape |
10.1 India Consumer IAM Market Revenue Share, By Companies, 2024 |
10.2 India Consumer IAM Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |