"Single Sign-on Market by Type (Enterprise, Federated & Web-based, Windows Integrated), Organization Size (Small & Medium Enterprises, Large Enterprises), Deployment Mode (Cloud, On-Premises), Vertical, Region - Global Forecast to 2021"
[129 Pages Report] The single sign-on (SSO) market size is estimated to grow from USD 845.6 Million in 2016 to USD 1,599.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 13.6% from 2016 to 2021.
Major growth drivers for the single sign-on market include the convenience offered by single sign-on to manage multiple applications as well as domains and boost productivity along with helping the IT department and administrators to manage multiple accounts for numerous users.
Objectives of the study:
• To define, describe, and forecast the single sign-on market based on five regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America
• To provide detailed information regarding the major factors influencing the growth of the single sign-on market (drivers, restraints, opportunities, and challenges)
• To analyze each subsegment with respect to individual growth trends, prospects, and contribution to the total market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market
• To strategically profile key market players and comprehensively analyze their core competencies
• To track and analyze competitive developments, such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations in the global market
The research methodology used to estimate and forecast the single sign-on market begins with capturing data on key vendor revenues and the market size of individual segments through secondary sources such as industry associations, trade journals, and so on. Vendor offerings are also taken into consideration to determine market segmentation. The bottom-up procedure was employed to arrive at the overall size of the global market from the individual technology segments. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
To know about the assumptions considered for the study, download the pdf brochure
The single sign-on ecosystem comprises vendors, such as, IBM Corporation (U.S.), Oracle Corporation (U.S.), Dell Software (U.S.), CA Technologies (U.S.), OKTA, Inc. (U.S.), OneLogin, Inc. (U.S.), Ping Identity Corporation (U.S.), SailPoint Technologies, Inc. (U.S.), Centrify Corporation (U.S.), and NetIQ Corporation (U.S.). Other stakeholders of the single sign-on market include IT security providers, cloud IAM service providers, social communication media service providers, government organizations, and regulatory bodies.
The target audiences of the single sign-on market report are:
• 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
• Technology Consultants
“Study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments”.
Single sign-on offers numerous benefits to the users and organization, but at the same time accompanies ample security risks, which is a restraining factor for the market. If not configured securely, SSO can be as dangerous and risky as using same password for multiple accounts. The organizations need to learn how to balance the convenience of authentication method with the risks that are accompanied by it. Hence single sign-on vendors are innovating their product portfolio to manage this obstacle of handling complexity.
The Single sign-on market is highly competitive and consists of few big players and many innovators and start-ups. The big players are opting for acquisitions, mergers, collaborations, and partnerships as the key strategies to enhance their client base and to strengthen their product portfolio. On the other hand, the small players are focusing on innovation and new product development to stay competitive in the market or differentiate their offerings from competitors. For instance, in June 2016, IBM partnered with Credit Mutuel Arkea to improve the bank’s ability to verify customer identity. New product development has also been adopted by top players to innovate in this market space.
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