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Advanced persistent threats are fueling rapid innovation and adoption of identity security and data protection solutions across different market verticals, which in turn have catalyzed some of the most significant M&A and funding activity in recent history.

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Identity Software – May 2021

Executive Summary

  • The pandemic has driven digital transformation into overdrive with retailers and financial institutions rapidly adopting to consumer demand shifting from offline to online transactions, and enterprises accelerating migration to cloud to manage millions of workers working remotely.
  • This unprecedented growth in digital activity saw a corresponding increase in intensity and regularity of identity fraud and data breaches on an almost daily basis.
  • Advanced persistent threats are fueling rapid innovation and adoption of identity security and data protection solutions across different market verticals, which in turn have catalyzed some of the most significant M&A and funding activities in recent history
  • Recent M&A activity has been robust across multiple sub categories especially in IAM.
  • Financing and investment volume in the overall identity sector has continued unabated with sponsors making bold bets to unleash growth and create new unicorns.
  • GCA expects these trends to continue with even stronger identity related market activity excepted in the remainder of 2021
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