Single Sign-on Market Analysis, Trends, and Forecasts
Not so long ago, applications were always managed on-site. The IT department dominated the company network and kept it safe against the outside world by means of firewalls and virus scanners.
This meant that implementing a Single Sign On (SSO) solution in the network used to be relatively easy. After all, each employee’s workstation formed part of the network, as did the applications to which employees needed access. Users authenticated themselves by having their user names and passwords checked against Active Directory, and thanks to the LDAP standard they could benefit from the advantages of Single Sign On.
Market Analysis, Trends, and Forecasts 2020-2025
Single Sign-on market worldwide is projected to grow by US$1.2 Billion, driven by a compounded growth of 13.8%.
Enterprise, one of the segments analyzed and sized in this study, displays the potential to grow at over 13.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$953.9 Million by the year 2025, Enterprise will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 14.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$47.8 Million to the region's size and clout in the next 5 to 6 years. Over US$57.6 Million worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Enterprise will reach a market size of US$75 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13.6% over the next couple of years and add approximately US$213.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.