With the emergence and long-term Impact of COVID-19, Global Single Sign-on Market to reach USD XX Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on Global Single Sign-on Market is poised to raise up to USD XX Billion by 2030. Single sign-on (SSO) is a mechanism that allows users to authenticate themselves once and gain access to multiple applications or systems without needing to provide their credentials again. It enables users to log in to various applications and services using a single set of login credentials, such as a username and password or other authentication methods like biometrics.
The Single Sign-on market is expanding because of factors such as rising adoption of cloud and increasing number SME’s. it establishes a trust relationship between the user’s identity provider and the service providers that the user wants to access. Its importance has progressively increased during the forecast period 2023-2030.
Geographically, the global Single Sign-on market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the presence of a large pool of single sign-on vendors and the increasing demand of single sign-on systems from medium and large enterprises in this region. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing demand of single sign-on solutions in a number of industries, such as BFSI, telecommunication, medical, and education in the region.
The global Single Sign-on market is highly competitive owing to the presence of several key manufacturers such as IBM Corporation, Oracle Corporation, Dell Software, CA Technologies, OKTA, Inc, OneLogin, Inc, Ping Identity Corporation, and others.
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Key findings of the study suggest:
- Global Single Sign-on Market is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030.
- In the Type segment, Enterprise emerged out as the leading market segment in 2022.
- In the Deployment Mode, Cloud emerged out as the leading market segment in 2022.
- In the organization size, Large Enterprises emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the presence of a large pool of single sign-on vendors and the increasing demand of single sign-on systems from medium and large enterprises in this region.
- Asia-Pacific is expected to grow at higher rate followed by North America during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
Type
- Enterprise
- Federated & Web-based
- Windows Integrated
Deployment Mode
- Cloud
- On-Premises
Organization Size
- Large Enterprises
- SME’s
Industry Vertical
- BFSI
- IT & Telecom
- Retail & CPG
- Public Sector & Utilities
- Education, Communications Media & Services
- Healthcare & Life Sciences
- Travel & Hospitality
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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