South America Password Policy Enforcement Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment and Enterprise Size

The SAM password policy enforcement software market is expected to grow from US$ 6.68 million in 2021 to US$ 11.09 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028.

A password blacklist is a list of passwords that users cannot use when creating a password. By stopping attackers from getting beyond a basic password login flow in the first place, a password blacklist can provide extra protection. Screening users' passwords against a list of dictionary passwords and known hacked passwords is one of the most effective ways to improve network security. Hackers continue to use password weaknesses as a significant access point. Password policy has changed dramatically during the previous few years. A well-designed system can check billions of passwords in milliseconds without impacting the user experience. It may also be good to divide the blacklist between passwords that have been disclosed in recent data breaches and those that are regularly found in cracking dictionaries. Users can manage even more service parts if they have both lists. It is also insufficient to rely on a blacklist that ignores aspects such as "context" in terms of location, organization, and users. This may entail building a custom set of passwords to screen against, referred to as a dictionary. One can reduce being hacked by tailoring the blacklist to specific people and incorporating pertinent usernames, email addresses, and name information. A blacklist may be customized geographically by merely including data breaches from locations. Thus, the rising use of password blacklists will drive the password policy enforcement software market across the region.

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 SAM password policy enforcement software market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

SAM Password Policy Enforcement Software Market Segmentation

The SAM password policy enforcement software market is segmented based on deployment, enterprise size, and country. Based on deployment, the SAM password policy enforcement software market is bifurcated into on-premise and cloud-based. The cloud-based segment dominated the market in 2021. Based on enterprise size, the SAM password policy enforcement software market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment dominated the market in 2021. Based on country, the SAM password policy enforcement software market is segmented into Brazil, Argentina, and rest of SAM. Brazil dominated the market in 2021.

Hitachi ID Systems Inc., JumpCloud Inc., ManageEngine, Netwrix Corporation, nFront Security Inc., and Specops Software are among the leading companies in the SAM password policy enforcement software market.