Security Assertion Markup Language Authentication Market 2022 Strategic Assessment - Molex, LLC, Amphenol Corporation, Airgain, Inc., Galtronics USA, Inc

The Security Assertion Markup Language AuthenticatioN Market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides a comprehensive look at the regions such as North America, Europe, APAC, and ROW of the Security Assertion Markup Language Authentication Market.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Security Assertion Markup Language Authentication Market: Molex, LLC, Amphenol Corporation, Airgain, Inc., Galtronics USA, Inc, Sunway Communication, Luxshare Precision, Murata Manufacturing Co., Ltd., Huizhou SPEED Wireless Technology Co., Ltd, Fujikura Electronics, Xinwei Communication, Holitech America Inc, AAC Technologies, TE Connectivit, Qualcomm Technologies, Inc, Texas Instruments Incorporated, Linx Technologies

The security assertion markup language authentication (SAML) market is expected to register a growth at a CAGR of 13.6% over the forecast period (2022-2027).

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Industry News:

- July 2019 - Gemalto announced to partner with Entrust Datacard, which specializes in offering identity and secure transaction technology. In terms of this partnership, the companies have agreed to offer cloud-based platform from Gemalto for integrating identity management and data protection solutions for the IoT devices.

Scope of the report:

- According to the Identity Theft Resource Center, the number of compromised data records in the Yahoo data breach case stood at 3000 millions, as of May 2020. Whereas the number of compromised data records in the Facebook data breach case stood at 2,200 million as of May 2020. These instances and facts related to cybercrime and data breaches are further stimulating the need for deployment of enhanced and robust identity and access management solution.

- Cloud technology has significantly changed the way businesses work across various end-user industries, driven by cost efficiencies and economies of scale. The rising adoption of cloud services across the world is fueling the growth in cloud traffic growth. According to Cisco Systems, the global cloud traffic is expected to grow to approximately 14,078 exabytes per year in 2022, as compared to 3,850 exabytes per year in 2016. In 2019, cloud traffic in North America amounted to approximately 4,860 exabytes per year, which accounted for the largest share.

Key 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 report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/02285849838/security-assertion-markup-language-authentication-market-growth-trends-covid-19-impact-and-forecasts-2022-2027?mode=206

Important Features of the report:

Detailed analysis of the Global Security Assertion Markup Language Authentication Market
Fluctuating market dynamics of the industry
Detailed market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of the Global Security Assertion Markup Language Authentication Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective toward Global Security Assertion Markup Language Authentication Market performance

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