Global Security Assertion Markup Language (SAML) Authentication Market to Reach $9.9 Billion by 2030
The global market for Security Assertion Markup Language (SAML) Authentication estimated at US$3.6 Billion in the year 2023, is expected to reach US$9.9 Billion by 2030, growing at a CAGR of 15.8% over the period 2023-2030. SAML Authentication Solutions, one of the segments analyzed in the report, is expected to record 14.5% CAGR and reach US$5.9 Billion by the end of the analysis period. Growth in the SAML Authentication Services segment is estimated at 17.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 15% 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% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.8% and 13.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR.
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