Security Assertion Markup Language (SAML) Authentication

Security Assertion Markup Language (SAML) Authentication

Global Security Assertion Markup Language (SAML) Authentication Market to Reach US$11.1 Billion by 2030

The global market for Security Assertion Markup Language (SAML) Authentication estimated at US$4.0 Billion in the year 2023, is expected to reach US$11.1 Billion by 2030, growing at a CAGR of 15.9% over the analysis period 2023-2030. Solutions Component, one of the segments analyzed in the report, is expected to record a 14.6% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Services Component segment is estimated at 17.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 15.0% CAGR

The Security Assertion Markup Language (SAML) Authentication market in the U.S. is estimated at US$1.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 15.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 13.8% and 13.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR.

Global Security Assertion Markup Language (SAML) Authentication Market - Key Trends and Drivers Summarized

How Is SAML Authentication Improving Cybersecurity?

Security Assertion Markup Language (SAML) Authentication is a widely used protocol that enables secure, single sign-on (SSO) capabilities for users across different applications and systems. SAML allows users to authenticate once and gain access to multiple services without re-entering credentials, enhancing both security and user convenience. It is primarily used by enterprises, cloud service providers, and government agencies to facilitate identity federation, ensuring that sensitive data remains protected while maintaining seamless access to authorized resources. As organizations increasingly adopt cloud services and remote work solutions, SAML authentication plays a vital role in strengthening cybersecurity frameworks and mitigating risks associated with unauthorized access.

What Are the Key Segments in the SAML Authentication Market?

Key deployment types include cloud-based and on-premise solutions, with cloud-based solutions leading the market due to their scalability and ease of integration with modern applications. Applications cover secure access management, identity federation, and compliance management, with secure access management accounting for the largest segment as organizations prioritize identity verification and data protection. Major end-users include IT and telecom, BFSI (banking, financial services, and insurance), government, healthcare, and education sectors, with the IT and telecom sector representing a significant market share due to its early adoption of SAML for secure authentication.

How Is SAML Authentication Being Integrated Across Various Sectors?

In the IT and telecom sector, SAML authentication is used to provide secure access to cloud applications, databases, and collaboration tools, streamlining user access while enhancing security. The BFSI sector relies on SAML to protect sensitive financial data by enabling secure, single sign-on across banking platforms, customer portals, and compliance systems. Government agencies use SAML to manage user identities and secure access to sensitive information, ensuring compliance with data protection regulations. In healthcare, SAML authentication ensures secure access to electronic health records (EHRs), telehealth platforms, and other medical applications, supporting patient data security and regulatory compliance. The education sector also adopts SAML for secure access to learning management systems, student databases, and online resources.

What Factors Are Driving the Growth in the SAML Authentication Market?

The growth in the SAML Authentication market is driven by several factors, including the increasing adoption of cloud services and remote work solutions, which require secure, scalable, and convenient access management tools. The growing emphasis on data protection and compliance with regulations like GDPR, HIPAA, and CCPA has accelerated the adoption of SAML authentication across industries. Advancements in identity management technologies, such as AI-based identity verification and multi-factor authentication, have enhanced SAML`s effectiveness, supporting broader integration. The rising incidence of cyber threats, coupled with the need for secure single sign-on solutions, has further fueled demand for SAML authentication. Additionally, government initiatives promoting digital transformation and cybersecurity resilience have contributed to the market`s expansion across sectors.

Select Competitors (Total 34 Featured) -

• Amazon Web Services
• Ariel Software Solutions
• Auth0® Inc.
• Microsoft Corporation
• miniOrange Inc.
• Okta, Inc
• OneLogin, Inc.
• Oracle Corporation
• Ping Identity Corporation
• PistolStar, Inc. (PortalGuard)
• RCDevs SA
• SAASPASS Inc.
• SSO Easy
• Thales Group (Gemalto)
• Zoho Corporation (ManageEngine)

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