Trending News 2021: OpenID Connect Market Size, Share, Trends

Global OpenID Connect Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing adoption of cloud-based encryption solution, rising use of social media platform and rising number of cyber-attacks across the globe are some of the major factors driving the growth of the Global OpenID Connect Market.

Scope of Global OpenID Connect Market Report-

OpenID Connect is an open standard and decentralized authentication, OpenID Connect is a simple identity layer helps to verify the authenticity of the users. This protocol is very easy for developers to integrate, compared to any preceding identity protocol. By using OpenID Connect, developers can authenticate their users without having to own and manage password files across websites and apps. OpenID Connect is one of the most important ways that used to access authorization and information passed between two parties online. Users create accounts and then sign onto any website by selecting an OpenID identity provider, which accepts OpenID authentication. It can be used to transform identity control by allowing single sign-on, increasing information security and helping to manage identity through the Internet of Things.

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Key Players for OpenID Connect-

OpenID Connect market report covers prominent players are Okta, Gigya Beacon, Google, Microsoft, Ping Identity, ForgeRock, RSA SecurID, Gigya, Janrain, Cisco Identity Services Engine, SSH, Microsoft Forefront Identity Manager, CyberArk and others.

Global OpenID Connect Market Regional Analysis–

North America is expected to dominate the global OpenID connect market with the potential rate within forecast peried due to increasing number of data breaches and cyber-attacks, rise in internet penetration, early adoption of OpenID Connect and presence of leading vendors that provide OpenID connect solutions in this region. According to World Bank, nearly 287 million internet users accessed the web from United States. Additionally, increasing implementation of OpenID connect solution for data security, preventing cyber-attacks, ensuring security and privacy of data across various industries in this region is also supplementing the market growth

Key Benefits for Global OpenID Connect Market Report–

  • Global OpenID connect Market report covers in depth historical and forecast analysis.

  • Global OpenID connect Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

  • Global OpenID connect Market report helps to identify opportunities in market place.

  • Global OpenID connect Market report covers extensive analysis of emerging trends and competitive landscape.

Global OpenID Connect Market Segmentation;–

By Application:

  • Internet of Things

  • Mobile Information Management and BYOD

  • Native SSO

By Industry Vertical:

  • BFSI

  • IT and Telecom

  • Government and Defense

  • eCommerce

  • Health Care

  • Energy and Power

  • Oil & Gas

  • Others (Media and Entertainment, Hospitality, Gaming, Education, and Manufacturing)

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