Press release
Security Assertion Markup Language Authentication Market Along With Covid-19 Impact Reviews and Overview, Business Scenario 2025 | Gemalto, Inc. (Thales Group), Ping Identity Corporation, Amazon Web Services
Security Assertion Markup Language Authentication Market - Growth, Trends, Forecast (2020-2025)The Security Assertion Markup Language Authentication Market research report 2020 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Security Assertion Markup Language Authentication market report provides information regarding market size, share, trends, growth, cost structure, Security Assertion Markup Language Authentication market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2025.
The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. This report also includes the overall and comprehensive study of the Security Assertion Markup Language Authentication market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Security Assertion Markup Language Authentication industry and provides data for making strategies to increase market growth and effectiveness.
Scope of the report:
The report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
The security assertion markup language authentication (SAML) market is expected to register a growth at a CAGR of 13.6% over the forecast period 2020 - 2025.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Security Assertion Markup Language Authentication Market: Gemalto, Inc. (Thales Group), Ping Identity Corporation, Amazon Web Services, Microsoft Corporation, Oracle Corporation, MiniOrange Inc., ManageEngine (Zoho Corporation), OneLogin, Inc., Okta, Inc., SSO Easy, SAASPASS Inc., and others.
Key Market Trends
Adoption by BFSI to grow Significantly
- The banking and financial Industry (BFSI) has witnessed significant technology penetration over the decade, owing to the increase in the number of digital and online channels, internet banking and mobile banking, online payments portals, etc. With the increasing adoption of technology in the industry, the instances of data breaches in the BFSI industry have also increased significantly, due to the vulnerability of the data stored.
- According to the Identity Theft Resource center, the number of US data breaches in the BFSI industry amounted to 35 in 2013, and has grown significantly to 135 in 2019, depicting a massive growth in the number of data breaches in five years. Hence, the need for enhanced security systems as well systems to manage all the access details, security assertion markup language authentication (SAML), is increasing due to the increased instances of identity thefts in the recent years.
- The contact centers have also been one of the emerging sector adopting SAML solutions in the BFSI sector. For instance, in May 2020, UJET Inc, a provider of cloub-based contact center has announced to integrate identity manager in partnership with Microsoft, Okta, and OneLogin.
North America is Expected to Hold Largest Market Share
- The North American region is expected to hold a significant share, owing to the high adoption of advanced technologies. There is an increasing need for advanced security systems in the regional banking sector, which boosts the market’s growth positively.
- Payment Card Industry Data Security Standard (PCI DSS) compliance originally drove the adoption of cloud security solutions in large enterprises. Data breaches related to payment and banking sectors have been prominent in the United States, which, in turn, is set to boost the adoption of advanced cloud security solutions.
- For instance, In July 2019, hackers stole the personal information of more than 106 million people from financial corporation Capital One - the third-largest issuer of credit cards in the US. Additionally, In August 2018, attackers stole USD 13.5 million from India's Cosmos bank by compromising their financial systems.
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Influence of the Security Assertion Markup Language Authentication market report
- Comprehensive assessment of all opportunities and risks in the Security Assertion Markup Language Authentication market.
- Security Assertion Markup Language Authentication market recent innovations and major events.
- A Detailed study of business strategies for the growth of the Security Assertion Markup Language Authentication market-leading players.
- Conclusive study about the growth plot of the Security Assertion Markup Language Authentication market for forthcoming years.
- In-depth understanding of Security Assertion Markup Language Authentication market-particular drivers, constraints, and major micro markets.
- Favorable impression inside vital technological and market latest trends striking the market report.
What are the market factors that are explained in the report?
- Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
- Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
- Analytical Tools: The Security Assertion Markup Language Authentication Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Browse in-depth and report summary TOC on “Security Assertion Markup Language Authentication Market”
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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Find out:
Security Assertion Markup Language Authentication Market: Where are the opportunities? What does the future look like for the Security Assertion Markup Language Authentication Market? What will be the market size in the next 5 years?
Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are RO and new brine concentration technologies shaping the market? What are the new revenue channels which companies can explore for growth?
If you have any questions about any of our “Security Assertion Markup Language Authentication Market Report” or would like to schedule a personalized free demo of the Security Assertion Markup Language Authentication market report, please do not hesitate to contact me at irfan@marketinsightsreports.com.
Note - All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market insights reports provide global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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