New York, May 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Password Policy Enforcement Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Deployment and Enterprise Size” – https://www. reportlinker.com/p06279458/?utm_source=GNW
Companies are gradually implementing security measures such as monitored accounts to improve accountability.
Such a shift to Internet-based service offerings drives the need for password policy enforcement software.
Additionally, the need to comply with stringent compliance standards and the growing risk of data theft in BFSI, healthcare, and public sectors, among others, is driving the password policy enforcement market. The development of the password policy enforcement market is stifled by the growing need for built-in administration, customization and extension features.
Password policy enforcement software solutions ensure that strong passwords are used across all platforms in an organization. , upper and lower case letters, minimum and maximum characters; restrictions also ensure that passwords do not contain commonly used words, phrases, or passwords; blacklist words specified by the company; or passwords from known hacking dictionaries.
Several digital vendors have entered the password policy enforcement software market with simplified offerings for various industry verticals.
The password policy enforcement software market is becoming increasingly competitive, and the competitiveness of market players relies on the uniqueness of the products they offer. Additionally, many companies are trying to meet the growing need for customized solutions to expand their password policy enforcement software market shares.
Lately, the technology industry is witnessing significant growth in cloud-based solutions as they are time and cost efficient. Due to these advantages, cloud-based solutions have attracted many end users.
Additionally, major market players are offering cloud-based products in the market with the growing demand for cloud-based software. Moreover, the Internet infrastructure has matured in developed countries.
It is booming in several developing countries, enabling end users in both developed and developing countries to access cloud-based solutions. This factor positively influences the adoption of software in various industries.
Moreover, due to the gradual advancements in cloud computing, cloud-based solutions are witnessing significant growth. These factors are positively influencing the password policy enforcement software market.
The password policy enforcement software market is broadly segmented into five major regions – North America, Europe, APAC, MEA and SAM. Countries such as China, India, and Japan are major contributors to the overall Asia-Pacific password policy enforcement software market growth.
China has strengthened its defense capabilities in response to the growing number of cyberattacks. This is likely to increase the use of security solutions, to prevent illegal access to content, positively influencing the growth of the password policy enforcement software market.
North America is one of the most critical regions for the adoption and growth of new technologies due to favorable government policies to drive innovation, substantial industrial base and purchasing power high, especially in developed countries, such as the United States and Canada. leading countries for the password policy enforcement software market.
The country has the maximum number of password policy enforcement software developers. Additionally, the COVID-19 pandemic has forced businesses to embrace work-from-home trends.
The pandemic has created a huge challenge for businesses across North America to continue operating despite mass closures of offices and other facilities. The changing nature of work has affected IT security.
Consequently, organizations are seeing an increased risk of breaches due to heavy use of open source software when working remotely. Furthermore, the increase in digital traffic has presented an opportunity for numerous online frauds, phishing attacks, denial of inventory attacks and ransomware which is contributing to the growth of the security policy enforcement software market. password.
The Global Password Policy Enforcement Software Market has been derived using primary as well as secondary sources. Extensive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves to obtain an overview and forecast for the market with respect to all segments. Additionally, several primary interviews were conducted with participants and industry commentators to validate the data and gain more analytical insights on the topic.
Participants in this process include industry experts, such as vice presidents, business development managers, intelligence managers, and national sales managers, as well as external consultants, such as valuation experts, analysts research and key opinion leaders, specialized in the market.
Key companies operating in the password policy enforcement software market profiled in the report include Enzoic; Avatier; Specops software; Safepass.me; and Zoho Corp (MANAGEENGINE); Hitachi ID Systems, Inc.; Netwrix Corporation; nFront Security, Inc.; Tools4ever (Password Complexity Manager (PCM); and Jumpcloud Inc.
Read the full report: https://www.reportlinker.com/p06279458/?utm_source=GNW
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