Definition of Security Assertion Markup Language (SAML) Authentication:
Authentication using the security assertion markup language (SAML) is a versatile and efficient tool. It’s an open-world standard for users that lets identity providers (IDPs) submit authorization credentials to service providers (SP). It establishes communication between identity providers and service providers using the extensible markup language (XML).
Global Security Assertion Markup Language (SAML) Authentication Market Dynamics:
The demand for security assertion is expected to rise as companies seek to handle large quantities of identities more efficiently and improve operational performance and effective management of stringent regulatory compliances are among the main factors driving the SAML authentication market. Cost efficiencies and economies of scale have forced dramatic changes in how companies operate through multiple end-user sectors, thanks to cloud technology. The growing use of cloud services around the world is fueling an increase in cloud traffic. Besides, the solution’s acceptance is being hampered by a lack of awareness and availability of information about identity standardizations. Concerns about certain weaknesses in the SAML model, which make it ineffective in preventing attacks, are expected to limit market growth. The increasing popularity of BYOD is opening up new opportunities for SAML solutions, which is expected to propel market growth to new heights.
Global Security Assertion Markup Language (SAML) Authentication Market Segmentation:
Based on the component, the global security assertion markup language (SAML) authentication market is segmented into solutions and services. During the forecast period, the solution segment held largest market share of the global market. Single sign-on (SSO) software solutions use the SAML authentication protocol to transfer SAML assertion, authentication, and authorization information from identity providers to service providers. For instance, Okta, Bitium, OneLogin, or Centrify identity providerallows end-users to self-register with the custom applications by first authenticating through their existing social identity accounts such as Facebook, Google, Microsoft, or LinkedIn.The service segment is expected to hold the largest CAGR during the forecast period. Consulting, training and education, and repair services are all part of the SAML authentication industry by service. Clients may use these resources to better understand their SAML authentication software solutions and processes. Based on organization size, the global security assertion markup language (SAML) authentication market is segmented into small and medium-sized enterprises (SMEs) and large Enterprises.The SME segment is expected to grow at a faster pace due to the implementation of cloud-based SAML authentication solutions by SMEs to secure their web apps, mobile applications, mobile devices, infrastructure, and application programming interfaces (APIs) from unauthorized access. Based on deployment mode, the global security assertion markup language (SAML) authentication market is segmented into the cloud and on-premises market. The cloud segment is expected to lead the global security assertion markup language (SAML) authentication market, owing to the rising adoption of cloud-based security assertion markup language (SAML) authenticationsolutions by industry verticals and large enterprises, as cloud-based deployment provides greater flexibility and customization at a lower cost. Based on End Users, the market is segmented intobanking, financial services, and insurance (BFSI), government & defense, IT & telecommunications, and others. During the forecast period, the retail segment is expected to rise at the fastest CAGR, while the healthcare vertical is expected to have the largest market size in 2019. To Know About The Research Methodology :- Request Free Sample Report
Global Security Assertion Markup Language (SAML) Authentication Market Regional Insights:
Because of the involvement of the leading industry key players such as Ping Identity (US), Amazon Web Services, Inc. (US), Okta (US), Oracle (US), and miniOrange Inc. in North America, the region is projected to have the largest market share. Due to factors such as increased adoption of SAML authentication solutions, growth in IoT, bring-your-own-device (BYOD) trend in large and small organizations, and a rise in internal and external threats, the United States is expected to lead the market in North America. Europe’s market for security assertion markup language (SAML) authentication is leading in the second position due to regulatory enforcement requirements and rapid economic growth in countries such as the U.K. and Germany. Furthermore, the rising number of cloud-based services increases the sensitivity of data, which, in turn, boosts market growth. China is the largest market at the country level, while India is expected to expand at the fastest rate during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Security Assertion Markup Language (SAML) Authentication Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Security Assertion Markup Language (SAML) Authentication Market dynamics, structure by analyzing the market segments and projects the Global Security Assertion Markup Language (SAML) Authentication Market size. Clear representation of competitive analysis of key players By Organization Size, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Security Assertion Markup Language (SAML) Authentication Market make the report investor’s guide.
Global Security Assertion Markup Language (SAML) Authentication Market Scope: Inquire before buying
Global Security Assertion Markup Language (SAML) Authentication Market, by Region
• North America • Europe • Asia Pacific • Middle East & Africa • South America
Global Security Assertion Markup Language (SAML) Authentication Market Key Players
• Thales Group (Gemalto) • Zoho Corporation (ManageEngine) • Microsoft Corporation • miniOrange Inc. • Okta, Inc • OneLogin, Inc. • Oracle Corporation • Ping Identity Corporation • PistolStar, Inc. (PortalGuard) • RCDevs SA • SAASPASS Inc. • Ariel Software Solutions • Auth0® Inc. • Amazon Web Services • SSO Easy • Other Key Players