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Security assertion markup language (SAML) authentication market to reach USD 2.8 billion, with a 14.9% CAGR by 2027

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jay prakash

According to Market Research Future The global security assertion markup language (SAML) authentication market size is expected to register an exponential CAGR 14.9% during the forecast period. SAML Authentication market to reach at USD 2.8 billion by 2027.


Global Security Assertion Markup Language (SAML) Authentication Market’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Security Assertion Markup Language (SAML) Authentication Market  to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Global Security Assertion Markup Language (SAML) Authentication Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.


The security assertion markup language (or SAML) is a standardized authentication method to prove one’s identity and enable access to all the external applications and services they desire to access. SAML is a set of standards that enables all Internet users to log in using a web portal and seamless access to the information or other online services without logging providing credentials multiple times. SAML is an open-source XML protocol that enables the exchange of information for authentication and authorization between an identity provider and service provider (usually a cloud or a web-based application). SAML is also known with other terms such as token-based authentication, security token services, federated authentication, and identity federation. It was first released by the Organization for the Advancement of Structured Information Standards (OASIS) in 2002.


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Competitive Outlook:

The key players in the global security assertion markup language (SAML) authentication market are Thales (France), Ping Identity (US), Amazon Web Services, Inc. (US), Okta (US), Oracle (US), miniOrange Inc. (US), Zoho Corp. (India), OneLogin, Inc. (US), SSO Easy (US), SAASPASS (US), Auth0 Inc. (US), BIO-key International (US), RCDevs (Luxembourg), Ariel Software Solutions Pvt. Ltd. (India), and Microsoft (US).


Segmentation:

Information Standards (OASIS) in 2002.

By component, the global security assertion markup language (SAML) authentication market has been divided into solution and service.


By deployment, the global security assertion markup language (SAML) authentication market has been divided into cloud-based and on-premises segments.


Based on vertical, the global security assertion markup language (SAML) authentication market has been divided into BFSI, IT & telecom, energy & utilities, healthcare, oil & gas, manufacturing, retail, and others.

The security assertion markup language (SAML) authentication market has been analyzed for five regions—North America, South America, Europe, Asia-Pacific, and the Middle East & Africa.


Regional Analysis:

By region, the security assertion markup language (SAML) authentication market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest contributor to the security assertion markup language (SAML) authentication market due to the higher adoption of SAML services to prevent unauthorized access, the presence of many IT service providers, and the presence of key players in the region.


Table of Contents:

1         Executive Summary

2         Scope of the Report

2.1      Market Definition

2.2      Scope of the Study

2.2.1   Research objectives

2.2.2   Assumptions & Limitations

2.3      Markets Structure

Continued….


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List of Tables

TABLE 1 LIST OF ASSUMPTIONS

TABLE 2 GLOBAL SECURITY ASSERTION MARKUP LANGUAGE (SAML) AUTHENTICATION MARKET, BY COMPONENT, 2020–2027 (USD MILLION)

TABLE 3 GLOBAL SECURITY ASSERTION MARKUP LANGUAGE (SAML) AUTHENTICATION MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION)

Continued…

List of Figures

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP-DOWN AND BOTTOM-UP APPROACH


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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


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