Security Assertion Markup Language (SAML) is an XML-based open-standard for transferring identity data between two parties: an identity provider (IdP) and a service provider (SP).An identity provider (IdP) can authenticate users using Security Assertion Markup Language (SAML), an open federation standard, and then transmit an authentication token to a different application known as a service provider (SP). Using SAML, the SP can integrate internal and external users without having to carry out its own authentication or pass the identity. Sharing security credentials with an SP across a network, often an application or service, is made possible by this. The public cloud and a limited number of additional identity management systems that are on-premises or in another cloud can communicate securely across domains with the help of SAML. With SAML, you can give your users a single sign-on (SSO) experience across any two SAML-compatible applications.
Highlights from Security Assertion Markup Language (SAML) Authentication Market Study
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The key Players profiled in the report are Amazon Web Services Inc (United States), OKTA (United States), Cisco (United States), Microsoft (United States), Gemalto (Netherlands), ManageEngine (United States), PortalGuard (United States), BIO-key International (United States), Oracle (United States) and Ping Identity (United States). Additionally, other players that are part of this comprehensive study are miniOrange Inc (India), SAASPASS (United States), SSO Easy (United States) and Auth0 Inc (United States).
Geographic Breakdown and Segment Analysis
The Global Security Assertion Markup Language (SAML) Authentication market presents a comprehensive analysis of the Security Assertion Markup Language (SAML) Authentication market by product type (Authentication, Attribute and Authorization Decisions), by end-user/application (IT and Telecom, Enterprises, Ecommerce, BFSI Firms and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Security Assertion Markup Language (SAML) Authentication industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Security Assertion Markup Language (SAML) Authentication market
Analyst at AMA have segmented the market study of Global Security Assertion Markup Language (SAML) Authentication market by Type, Application and Region.
Influencing Trend:Rising adoption of IoT Devices and AI Over the World and Innovation of New Social Networking Websites and Mobile Applications
Market Growth Drivers:Demand in Unify Identity and Access Management in Firms and Organization, Growing Demand in Firms and Enterprises In Management of large volumes users identities and Demand in authentication and userís identity passing in authorization level to the service provider (SP)
Challenges:Rising Number of Hackers Lead a Risk for Security Assertion Markup Language (SAML) and Lead a Chances of Conflict using SAML In social networking services
Restraints:Risk Of Cyber Attack And Data Leak Associated With Security Assertion Markup Language (SAML) and Federation And Compatibility Issues External Identity Provider
Opportunities:Growth in Advanced Data Analytics, Rising Adoption of AI and IoT over the World and Growth in Digitalization and Commercialization
On 5 April 2020, Microsoft offered an overview of its recent Azure Active Directory release milestones, including free single sign-on access (SSO) for all of its online services subscribers. SSO is a facility for end users, allowing them to log in once and have access to various applications without having to go through the same identity verification process each time. If an organization has an Azure AD subscription, even the free version, then they can now use SSO with their applications.
The market for Security Assertion Markup Language (SAML) is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share.
Key Target AudienceSecurity Assertion Markup Language (SAML) Developer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others