SPARK Matrix™_IoT Identity & Access Management

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.