HID Recognized as Leader in 2024 SPARK Matrix for IoT IAM

HID has been acknowledged as a leader in the 2024 SPARK Matrix for IoT Identity and Access Management (IoT IAM) by QKS Group. The recognition builds upon recent industry developments in digital identity solutions and underscores HID’s technological leadership in the IoT IAM sector, which involves various facets of secure access control and identity management for connected devices.

The QKS Group’s 2024 SPARK Matrix research evaluates companies on their performance and ability to meet the evolving needs of the IoT IAM market. The criteria for recognition include market impact, innovation, product features, customer satisfaction, and market penetration. Market impact assesses a company’s influence on the market, including market share and growth potential. Innovation evaluates a company’s ability to introduce new technologies that address emerging threats and challenges in IoT IAM.

Product features, meanwhile, refers to the quality and comprehensiveness of a company’s offerings, such as secure authentication, authorization, and device control. Customer satisfaction is based on feedback regarding the effectiveness and reliability of solutions. Market penetration measures a company’s ability to reach different market segments, including various regions and industry verticals.

HID’s leadership in the IoT IAM market is attributed to its robust solutions that address the growing need for secure access control in an increasingly connected world. Key achievements include advanced authentication and authorization solutions that ensure secure communication between devices and networks, comprehensive device control mechanisms to mitigate risks associated with unsecured devices, and market expansion across regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Additionally, HID continuously innovates by integrating AI and machine learning into its solutions to enhance threat detection and response capabilities.

Source: Emergen Research

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November 26, 2024 – by the ID Tech Editorial Team

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