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The global Identity-As-A-Service Market size is expected to reach USD 16.38 Billion in 2028, registering a CAGR of 21.7% during the forecast period. Identity-as-a-Service (IDaaS) is a cloud-based identity management solution that allows businesses to securely manage and verify the identities of users. IDaaS solutions enable businesses to reduce risk, minimize IT infrastructure costs, and speed-up digital transformation. Factors driving the growth of the IDaaS market include the rapidly rising adoption of multi-cloud computing systems and the need for efficient identity management services.