Enterprise Single Sign-on Market Share

North American Market Forecast

The North America enterprise single sign-on market is projected to rise by capturing the highest share of over 35% over the forecast period. The market in this region is growing on account of the presence of a number of key players. Furthermore, the United States has greater financial freedom than any other nation in the world.  For instance, in 2021, Americans' total disposable personal income was about USD 14 trillion. In the same year, the per capita personal disposable income was over USD 45,340.  Hence, with the growth in the IT sector in this region, the market for enterprise single sign-on industry is also surging. Nations with high incomes have the potential to see growth in the IT device industry. Moreover, wealthier nations including the US and Canada are expected to adopt and invest heavily in the advanced technology which is further expected to drive attention towards enterprise single sign-on.

European Market Analysis

The enterprise single sign-on market in Europe is also projected to grow over the forecast period. The major factor dominating the growth of the market is the surging healthcare sector in this region. Various industry has been observed employing enterprise single sign-on and healthcare sector is also projected to have significant deployment in this region owing to rapid digital advancement. Furthermore, the number of aging populations in this region is also growing which has further influenced the launch of various applications to guide the patient at home. A fifth of Europeans are 65 years of age or older. It will reach over thirty percent by 2050. Therefore, in order to have seamless and safe interaction with the patient the adoption of single sign-on is set to increase in this region. Furthermore, the adoption of blockchain is also projected to grow in Europe which is also estimated to have a significant effect on the market expansion.