SPARK Matrix™_IoT Identity & Access Management.pdf

QKS Group’ IoT Identity & Access Management (IoT IAM) market research includes a detailed global market analysis of major vendors. The research comprises of vendors’ product features and functionalities, as well as competitive differentiating factors.

1. QKS Group’s latest research on the Internet of Things Identity & Access Management
(IoT IAM) market provides an in-depth analysis of the rapidly evolving security
landscape surrounding connected devices. The study goes beyond a surface-level
assessment, delivering detailed insights into vendor strategies, product functionalities,
differentiating factors, and overall competitiveness within the global IoT IAM ecosystem.
By incorporating the proprietary SPARK Matrix™ analysis, the report highlights leading
vendors shaping this market and helps stakeholders better understand their
positioning, strengths, and areas of improvement
Growing Importance of IoT Identity & Access Management
The Internet of Things (IoT) is no longer a niche domain. From healthcare and
manufacturing to smart cities, connected devices are becoming foundational to digital
transformation initiatives across industries. While IoT delivers operational efficiency,
predictive capabilities, and improved customer experiences, it also introduces new
layers of cybersecurity risk. Every device added to a network potentially becomes a
gateway for cyberattacks if not properly secured.
This is where IoT Identity & Access Management plays a crucial role. IoT IAM ensures
that devices, users, and applications within IoT ecosystems can be securely
authenticated and authorized. Unlike traditional IAM, which is largely human-user-
centric, IoT IAM extends security frameworks to billions of devices, each requiring
unique identity credentials, certificates, and cryptographic validation throughout its
lifecycle.
Analyst Perspective
According to Sanket Kadam, Analyst at QKS Group, IoT IAM is best described as a
“security framework for managing identities, authentication, and authorization of IoT
devices, users, and applications through the deployment and management of security
keys and certificates. These are used to cryptographically prove and validate device
identity and integrity throughout its lifecycle. IoT IAM solutions are user-centric and
strictly enforce access control policies for user access in enterprise networks and
data.”
This definition underscores the two main aspects of IoT IAM:
1. Device Security – Protecting the identity, integrity, and trustworthiness of
connected devices.
2. Access Control – Ensuring that only authenticated users or applications can
interact with devices and their data.
Together, these components provide the foundation for securing IoT ecosystems against
data breaches, unauthorized access, and malicious activities.

2. Scope of the QKS Group Research
The QKS Group study offers a comprehensive global market analysis of IoT IAM vendors.
The research evaluates major players based on:
• Product Features and Functionalities – Capabilities such as certificate
lifecycle management, multi-factor authentication, device onboarding,
encryption mechanisms, and interoperability with enterprise systems.
• Competitive Differentiators – Factors that set vendors apart, including
innovation in device identity provisioning, scalability, integration with cloud
platforms, and regulatory compliance readiness.
• Strategic Roadmaps – How vendors plan to adapt to emerging challenges, such
as quantum-safe cryptography, zero-trust frameworks, and the management of
massive IoT networks.
The research also provides vendor benchmarking and competitive landscape analysis
using QKS Group’s proprietary SPARK Matrix™ framework, which offers both strategic
and technical evaluation.
SPARK Matrix™ Vendor Evaluation
The SPARK Matrix™ analysis is one of the highlights of the report. It ranks and positions
leading IoT Identity & Access Management (IoT IAM) market vendors based on their
market presence, technology excellence, and customer impact. This visual
representation helps enterprises quickly identify which vendors are innovators,
challengers, or leaders in the space.
The study features prominent vendors with global influence, including:
• Device Authority – Recognized for its specialization in securing IoT devices at
scale through dynamic policy-driven IAM solutions.
• DigiCert – A global leader in digital certificates and PKI infrastructure, enabling
trusted identity provisioning for IoT ecosystems.
• Entrust – Known for its expertise in encryption, identity verification, and scalable
PKI-based IoT IAM solutions.
• GlobalSign – Provides comprehensive certificate and identity services that
integrate with IoT frameworks across industries.
• HID Global – Focuses on secure identity issuance, authentication, and lifecycle
management, expanding into connected device ecosystems.
• Keyfactor – Offers advanced PKI and certificate lifecycle automation tailored for
IoT applications.

3. • Ping Identity – Brings enterprise-grade IAM capabilities into IoT contexts with
strong access management features.
• Sectigo – Delivers IoT security solutions with an emphasis on digital certificate
management and secure device onboarding.
These vendors are driving significant innovation, and their solutions address various
enterprise needs across scalability, compliance, and interoperability.
Future Outlook
The IoT IAM market is expected to continue its upward trajectory as enterprises expand
their reliance on IoT for digital transformation. Future growth will be influenced by
advancements such as:
• AI-driven IAM – Using artificial intelligence to detect anomalies and automate
identity lifecycle management.
• Quantum-resistant Cryptography – Preparing for the next era of computing
threats that could undermine current cryptographic standards.
• Integration with Blockchain – Leveraging decentralized identity frameworks for
tamper-proof device authentication.
• Unified IAM Platforms – Merging traditional IAM with IoT IAM to offer end-to-end
identity solutions for enterprises.
As the IoT landscape matures, IoT IAM will become a non-negotiable requirement for
enterprises seeking to protect both digital assets and consumer trust.

Conclusion
QKS Group’s IoT Identity & Access Management (IoT IAM) market research
underscores the strategic importance of securing IoT ecosystems. With its
comprehensive analysis, competitive insights, and SPARK Matrix™ vendor evaluation,
the study provides actionable intelligence for both technology vendors and enterprise
decision-makers.
By focusing on identity, authentication, and authorization of devices, users, and
applications, IoT IAM is emerging as a cornerstone of modern cybersecurity frameworks.
As the IoT ecosystem expands, organizations that invest in robust IoT IAM solutions will
be best positioned to safeguard their networks, ensure regulatory compliance, and
build long-term trust with customers.