North America Password Policy Enforcement Software Market Report 2022: A $187.64 Million Market by 2028 - Advancements in Password Policy Enforcement Software Gaining Momentum

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Oct 10, 2022, 10:45 ET

DUBLIN, Oct. 10, 2022 /PRNewswire/ -- The "North America Password Policy Enforcement Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment and Enterprise Size" report has been added to ResearchAndMarkets.com's offering.

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 Segmentation

The North America password policy enforcement software market is segmented on the basis of deployment, enterprise size, and country.

The cloud-based segment dominated the market in 2021.
The large enterprises segment dominated the market in 2021.
The US dominated the market in 2021.

Key Topics Covered:

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

4. North America Password Policy Enforcement Software Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. North America Password Policy Enforcement Software Market ? Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Instances of Hacking and Breaches
5.1.2 Rising Implementation of Password Security Policy Framework across Organization
5.2 Market Restraints
5.2.1 Security Concern for Enforced Password Complexity
5.3 Market Opportunities
5.3.1 Rising Use of Password Blacklists or Dictionary Hacks
5.4 Future Trends
5.4.1 Advancements in Password Policy Enforcement Software
5.5 Impact Analysis of Drivers and Restraints

6. Password Policy Enforcement Software Market - North America Analysis
6.1 North America Password Policy Enforcement Software Market Overview
6.2 North America Password Policy Enforcement Software Market Forecast and Analysis

7. North America Password Policy Enforcement Software Market Analysis By Deployment
7.1 Overview
7.2 North America Password Policy Enforcement Software Market, by Deployment (2020 and 2028)
7.3 Cloud-based
7.4 On-Premise

8. North America Password Policy Enforcement Software Market Analysis By Enterprise Size
8.1 Overview
8.2 North America Password Policy Enforcement Software Market, by Enterprise Size (2020 and 2028)
8.3 Small and Medium Enterprises (SMEs)
8.4 Large Enterprises

9. North America Password Policy Enforcement Software Market Country Analysis
9.1 Overview
9.1.1 Password Policy Enforcement Software Market by Country

10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development

11. Company Profiles