The global identity and access management market size was USD 12.26 billion in 2020. The market is projected to grow from USD 13.41 billion in 2021 to USD 34.52 billion in 2028 at a CAGR of 14.5 % in the 2021-2028 period. The global impact of COVID-19 has been unprecedented and staggering, with identity and access management witnessing a steady growth across all regions amid the pandemic. Based on our analysis, the global market exhibited a significant growth of 9.1% in 2020 compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.