Global Single Sign-on Market Overview:
Single Sign-On is an authentication process in which a user is provided access to multiple applications and/or websites by using only a single set of login credentials (such as username and password). This prevents the need for the user to log in separately into the different applications. Single Sign-On addresses the challenge of maintaining the credentials for each application separately, streamlining the process of signing-on without the need to re-enter the password. SSO works based upon a trust relationship set up between an application, known as the service provider, and an identity provider, like OneLogin. This trust relationship is often based upon a certificate that is exchanged between the identity provider and the service provider. According to AMA, the Global Single Sign-on market is expected to see growth rate of 13.86%
Growth Drivers
- Brings Convenience to Manage Multiple Applications and Domains and Boosts Productivity
- Reduces the Overheads of IT Administrators
Market Trends
- Improved Security Capabilities
Roadblocks
- Security Risks Associated With SSO
Opportunities
- Adoption of New Technologies
- SSO Helps to Facilitate B2b Communication
Challenges
Competitive Landscape:
Some of the key players profiled in the report are IBM Corporation (United States), Oracle Corporation (United States), Dell Software (United States), CA Technologies (United States), OKTA, Inc. (United States), OneLogin, Inc. (United States), Ping Identity Corporation (United States), SailPoint Technologies, Inc. (United States), Centrify Corporation (United States), NetIQ Corporation (United States) and ManageEngine (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Single Sign-on market by 2026. Considering Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Single Sign-on market. Considering Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Single Sign-on market. Considering Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Single Sign-on market.
Latest Market Insights:
On 16th April 2019, ManageEngine has announced the launch of Identity Manager Plus, a secure, cloud-based single sign-on (SSO) solution. Available immediately, Identity Manager Plus allows organizations to enable SSO to enterprise applications running on-premises or in the cloud, including Office 365, G Suite, Salesforce, Slack, and Zendesk. It also provides deep insights into various important metrics, including application usage and user accesses.
On 12th March 2020, OneLogin has announced it will be offering the OneLogin Trusted Experience Platform for free to educators who are moving to a virtual learning environment in light of health concerns. The free platform, consisting of single sign-on (SSO), multi-factor authentication (MFA), and certificate-based authentication, will deliver secure virtual experiences for all educators K-12, colleges, and universities.
What Can be Explored with the Single Sign-on Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Single Sign-on Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Single Sign-on
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Single Sign-on market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Single Sign-on market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes IT Service Providers and Distributors, Cyber Security Vendors, IAM Service Vendors, Single Sign-on Vendors, Value-Added Resellers, Government Bodies and Departments, Cloud Service Providers, System Integrators and Technology Consultants.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.