The North America password policy enforcement software market is expected to grow from US$ 96.39 million in 2021 to US$ 187.64 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2021 to 2028.
Most businesses need their staff to use a key or key card to access their premises. Passwords are the keys that allow employees to access their company\'s network in different ways. Development of good rules and procedures is required to prevent illegal access to physical office keys or card readers. The same may be said about good password policies for businesses. There are crucial aspects of a robust password security framework that may be put in place in the organization. For instance, enforcing complexity restrictions is a solid initial step in preventing brute force hacking attempts. It may be necessary for all users to generate passwords that do not include their legal name or username. Combinations of characters, digits, and upper- and lower-case letters are also used in strong passwords. Similarly, setting a minimum character length for passwords inside the business might improve their security. Eight-character password is a usual norm. However, 14-character password is becoming common. Further, domain administrators\' accounts need to be secure. Passwords (with a minimum 15 characters) are easier to remember and input in these situations, but they are difficult to crack. Thus, the rising implementation of a password security policy framework across organizations drive the password policy enforcement software market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America password policy enforcement software market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
North America Password Policy Enforcement Software Market Revenue and Forecast to 2028 (US$ Million)
North America Password Policy Enforcement Software Market Segmentation
The North America password policy enforcement software market is segmented on the basis of deployment, enterprise size, and country. Based on deployment, the market is bifurcated into on-premise and cloud-based. The cloud-based segment dominated the market in 2021. Based on enterprise size, the market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment dominated the market in 2021. Based on country, the North America password policy enforcement software market is segmented into the US, Canada, and Mexico. The US dominated the market in 2021.
Avatier, Enzoic, Hitachi ID Systems Inc., JumpCloud Inc., ManageEngine, Netwrix Corporation, nFront Security Inc., safepass.me, Specops Software, and Tools4ever are among the leading companies in the North America password policy enforcement software market.
1. Avatier
2. Enzoic
3. Hitachi ID Systems Inc.
4. JumpCloud Inc.
5. ManageEngine
6. Netwrix Corporation
7. nFront Security Inc.
8. safepass.me
9. Specops Software
10. Tools4ever