Social Login Tool Market to Observe Strong Growth by 2029
Pune, Maharashtra -- (SBWIRE) -- 08/10/2023 -- HTF MI started a latest business research with the Global Social Login Tool Market Study Forecast till 2029. This Social Login Tool market report brings data for the estimated year 2023 and forecasted till 2029 in terms of both, value (USD Billion) and volume (MT) Market. The study is conducted by applying both top-down and bottom-up approaches and further iterative methods used to validate and size market estimation and trends of the Social Login Tool market. Additionally, to complement insights EXIM data, consumption, supply and demand Figures, raw price analysis, market revenue, and gross margins. Some of the companies listed in the research study are Google (United States), Facebook (United States), Twitter (United States), LinkedIn (United States), Microsoft (United States), Amazon (United States), Apple (United States), Yahoo (United States), GitHub (United States), Instagram (United States), Pinterest (United States), WeChat (China) etc.
The Social Login Tool market refers to the market for software solutions that enable users to log in or register on websites and applications using their existing social media or identity provider accounts. Social login tools streamline the authentication process for users by allowing them to use their credentials from platforms like Facebook, Google, Twitter, LinkedIn, and others, eliminating the need to create new accounts and remember additional passwords.
The Global Social Login Tool market is expected to reach USD 8.3 Billion by 2028, growing at a CAGR of 11.2 % during 2023-2028.
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Market Scope / Segment Breakdown
Global Social Login Tool market has been analyzed on various dimensions that includes market sizing and share analysis in dollar term as well as by volume* and price. The segments included in the market study are mentioned below which has been reviewed both qualitatively and quantitatively.
Based on the type, the market is bifurcated as Single Social Login, Multiple Social Login, and On the basis of application, the market is divided as E-Commerce Websites, Gaming Platforms, Travel and Hospitality, Others. The Large Enterprise segment accounted for highest market share in 2022 and is hence expected to be the next fastest growing segment throughout the forecast period.
The report covers information regarding competitive outlook including the market share and company profiles of the key participants operating in the global Social Login Tool market. Some of the players that are profiled in the study are Google (United States), Facebook (United States), Twitter (United States), LinkedIn (United States), Microsoft (United States), Amazon (United States), Apple (United States), Yahoo (United States), GitHub (United States), Instagram (United States), Pinterest (United States), WeChat (China) etc.
By Geography: North America, Europe, Southeast Asia, China, Japan, India, Middle East, Africa, LATAM, Others
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Qualitative Insights from Study
Social Login Tool Market Trends
- Concerns about data privacy and security.
- Aversion to granting access to social media profiles.
- Issues with compatibility with various social networking platforms.
Social Login Tool Market Drivers
- Simple and easy-to-use authentication process.
- Ease of using pre-existing social media credentials.
- Increased user engagement and marketing targeting.
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- To define and describe the Social Login Tool segmented by product & service, by application, by end-user, and by region.
- To estimate and forecast the Social Login Tool by value in USD Billion.
- To estimate and forecast the market size for various segments with regard to Region Name.
- To profile key players and comprehensively analyze their market position in terms of ranking and core competencies.
- To analyze the markets situation with regard to industry trends, prospects, and contribution to the total market by identifying the high-growth segments of the Social Login Tool and provide the competitive landscape.
- To provide industry attractiveness with help of various tools such as the Porter's five force analysis and the PESTEL analysis.
Market Size Estimation
Top-down and bottom-up approaches are used to validate the Global Social Login Tool Market size market and estimate the market size for Manufacturers, Type and Regions.
The market estimations in this report are based on the marketed sale price of Social Login Tool excluding any discounts provided by the manufacturer, distributor, wholesaler or traders. The percentage splits, market shares, and breakdowns of the product segments are derived based on weightages assigned to each of the segments based on their utilization rate and average sale price. The regional splits of the overall Social Login Tool market and its sub segments are based on the percentage adoption or utilization of the given product in the respective region or country.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Social Login Tool market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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