The IoT identity access management market has reached USD 5.44 billion in 2025, projected to rise to USD 14.09 billion by 2030. Organizations are strengthening identity governance, device authentication, and access controls to manage security risks amidst growing cyberattacks and increased use of edge devices. Stricter insurance requirements are driving investments in IAM tools to reduce costs and meet compliance expectations.

As cybersecurity risks intensify, insurers are becoming selective in offering IoT-related coverage, pushing companies to demonstrate stronger identity and access controls. Connected OT expansion is driving the need for unified IAM solutions to address identity gaps in systems not designed for connectivity. Rapid digital transformation in Asia-Pacific and strong security maturity in North America support the market’s growth.

The IoT Middleware Market is valued at USD 18.01 billion in 2025, poised to reach USD 42.66 billion by 2030, driven by rapid digitalization, large-scale device onboarding, and increasing demand for real-time data orchestration. The Aviation IoT Market stands at USD 12.24 billion in 2025, expected to reach USD 34.07 billion by 2030, propelled by connected aircraft systems and passenger experience enhancements. The IoT in Energy Market is valued at USD 29.87 billion in 2025, projected to hit USD 59.75 billion by 2030, driven by grid modernization and energy efficiency initiatives.

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Read more at GlobeNewswire: IoT Identity and Access Management Market Report 2030: USD