With the constantly expanding application base of single sign-on solutions in a number of industries, such as IT and telecom, education, BFSI, and retail, the global single sign-on market is observing a noticeable growth. As the leading companies are competing on the basis of technology, the continuous advancements in technology is likely to influence the market positively over the next few years.
Enterprise single sign-on, windows integrated single sign-on, and federated and web-based single sign-on have surfaced as the key types of single sign-on solutions available across the world. Among these, the demand for enterprise single sign-on is relatively higher and the trend is anticipated to remain so over the next few years.
Single sign-on solutions find a widespread application in the banking, financial services and insurance (BFSI), retail, IT and telecom, education, healthcare and life sciences, communications media & services, and the travel and hospitality industries. The BFSI industry, among these, have been recording a greater demand for single sign-on solutions and is anticipated to remain doing so over the next few years.