Global Security Assertion Markup Language (SAML) Authentication Market, By Component (Solution, Services), Deployment Mode (On-Premise, Cloud-Based), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), End User (Banking, Financial Services and Insurance, Government and Defense, IT and Telecommunications, Energy and Utilities, Manufacturing, Retail, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Security Assertion Markup Language (SAML) Authentication Market
The security assertion markup language (SAML) authentication market size is valued at USD 5.02 billion by 2028 is expected to grow at a compound annual growth rate of 13.76% in the forecast period of 2021 to 2028. Data Bridge Market Research report on security assertion markup language (SAML) authentication provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The SAML authentication is a uniform way of authentication to prove one’s identity and allow access to all the outside applications and services they desire to access. SAML is a set of standard that allows all internet users to log in using a web portal and flawless access the information or other online services with no logging providing credentials several times.
The rise in the trend of bring your own device (BYOD) in organizations is expected to influence the growth of security assertion markup language (SAML) authentication market over the forecast period of 2021 to 2028. Also the increase in the in demand from organizations to efficiently manage large volumes of identities and to enhance operational efficiency are also anticipated to flourish the growth of the security assertion markup language (SAML) authentication market. Furthermore, the high demand to manage strict regulatory compliances effectively and rise in the demand from enterprises to give consistent, enhanced and unified identity security to employees and customers are also likely to positively impact the growth of the market. Moreover, the high adoption of cloud-based security assertion markup language authentication solutions and services across the world are also expected create a huge demand for security assertion markup language (SAML) authentication as well as lifting the growth of the security assertion markup language (SAML) authentication market.
However, the lack of awareness regarding identity standardization and the rise in concerns about certain vulnerabilities in the SAML model rendering it ineffective to keep out the threats are expected to act as the major limitations for the growth of security assertion markup language (SAML) authentication in the above mentioned forecasted period, whereas the single point of failure to affect the authentication process which can challenge the security assertion markup language (SAML) authentication market growth in the forecast period of 2021 to 2028.
Likewise, the rapid advancement in technology, rise in the need for remote access due to IoT and BYOD Trends and proliferation of cloud-based SAML authentication solution and services amongst global organizations are expected to create various new opportunities that will lead to the growth of the security assertion markup language (SAML) authentication market in the above mentioned forecasted period.
This security assertion markup language (SAML) authentication market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the security assertion markup language (SAML) authentication market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Security Assertion Markup Language (SAML) Authentication Market Scope and Market Size
The security assertion markup language (SAML) authentication market is segmented on the basis of component, deployment mode, organization size and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the security assertion markup language (SAML) authentication market is segmented into solution and services. Services have further been segmented into consulting, support and maintenance and training and education.
- Based on deployment mode, the security assertion markup language (SAML) authentication market is segmented into on-premise and cloud-based
- The security assertion markup language (SAML) authentication market is segmented on the basis of organization size into small and medium-sized enterprises and large enterprises.
- On the basis of end user, the security assertion markup language (SAML) authentication market is segmented into banking, financial services and insurance, government and defense, IT and telecommunications, energy and utilities, retail, manufacturing, healthcare and others. Others have further been segmented into media and entertainment, travel and hospitality and education.
Security Assertion Markup Language (SAML) Authentication Market Country Level Analysis
The security assertion markup language (SAML) authentication market is analyzed and market size, volume information is provided by country, component, deployment mode, organization size and end user as referenced above.
The countries covered in the security assertion markup language (SAML) authentication market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the security assertion markup language (SAML) authentication market because of the rise in the adoption of SAML authentication solutions, high growth in IoT and strong presence of industry key players. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the high demand to protect endpoints, websites and applications from unauthorized access.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Security Assertion Markup Language (SAML) Authentication Market Share Analysis
The security assertion markup language (SAML) authentication market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to security assertion markup language (SAML) authentication market.
The major players covered in the security assertion markup language (SAML) authentication market report are Thales, Ping Identity, Amazon Web Services, Inc., Microsoft, Oracle, miniOrange Inc., Zoho Corporation Pvt. Ltd., OneLogin, Inc., Okta, SAASPASS, SAP SE, Google, Salesforce, Blackboard Inc., CyberArk Software Ltd., BeyondTrust Corporation, LIFERAY INC., GitHub, Inc., Cirrus Identity, Inc., and Auth0 Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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