Global Advanced Authentication Market

Advanced Authentication Market by Authentication Methods (Smart Cards, Biometrics, Tokens, Mobile Smart Credentials, User-based Public Key Infrastructure, and Others), End-users (BFSI, Healthcare, Government, Defense, IT & Telecom, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-3737
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 212
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The global advanced authentication market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing inclination toward online business.

Global Advanced Authentication Market summary

Advanced authentication is a security validation method that necessitates the presence of numerous factors. An individual is granted access to a virtual or physical space when these elements have been successfully verified. Information such as a fingerprint, identification card number (PIN), retinal scan, password, security code, or one-time password (OTP) that are unique to the user's knowledge can be used as verification factors. A database or application server is used to build an advanced authentication system that focuses on safeguarding businesses and business units from security threats including hacking, identity theft, and online fraud. On other hand, during the COVID-19 pandemic, the demand for improved authentication in financing platforms for online evaluation and processing of finance is estimated to rise in order to avoid data breaches and secure all authenticated cases and policies of the company.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing number of non-cash payments or transactions fraud is expected to boost the global advanced authentication market expansion.
  • Rising requirement for prevention of threats is attributed to increasing number of cloud users, driving the market growth.
  • Growing number of security breaches & identity theft threats is anticipated to propel the growth of the global advanced authentication market.
  • Privacy concerns regarding authentication vendor cam hamper the market growth
  • High costs of token are expected to hamper the growth of the market.
  • Rise in the demand for cloud-based security solutions & regulatory mandates can create ample opportunities for market investments.

Scope of the Report

The report on the global advanced authentication market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Advanced Authentication Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Authentication Methods (Smart Cards, Biometrics, Tokens, Mobile Smart Credentials, User-based Public Key Infrastructure, and Others), End-users (BFSI, Healthcare, Government, Defense, IT & Telecom, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Thales Group (Gemalto NV); NEC Corp.; Broadcom Inc. (CA Technologies); Fujitsu Ltd; and Dell Technologies Inc.

Advanced Authentication Market Segment Insights

Smart cards segment is expected to grow at a rapid pace

Based on authentication methods, the market is divided into smart cards, biometrics, tokens, mobile smart credentials, user-based public key infrastructure, and others. The smart cards segment is expected to grow at a rapid pace during the forecast period due to advancements in technology and easy digital payment process. Moreover, advanced authentication financing ensures that all authentication policies are managed effectively.

IT & telecom segment is projected to expand at a considerable CAGR

On the basis of end-users, the market is segregated into BFSI, healthcare, government, defense, it & telecom, and others. The IT & Telecom segment is projected to expand at a considerable CAGR during the forecast period. Technologies aid in the addition of advanced capabilities to advanced authentication platforms, such as easy accessibility, security, and transparency. Moreover, many organizations have switched to advanced authentication services as a result of the growing number of cloud users and the importance of customer security.

Global Advanced Authentication Market end-user

North America is anticipated to constitute a key market share

In terms of regions, the global advanced authentication market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. The organizations in the US is becoming increasingly reliant on computer networks and electronic data to carry out their everyday operations, and vast amounts of personal and financial data are being moved and kept online. Moreover, the country's requirement for improved authentication services has grown as a result of the trend toward using internet services for daily transactions.

Global Advanced Authentication Market region

Segments

Segments Covered in the Report
The global advanced authentication market has been segmented on the basis of
Authentication Methods

  • Smart Cards
  • Biometrics
  • Tokens
  • Mobile Smart
  • Credentials
  • User-based Public Key Infrastructure
  • Others

 End-users

  • BFSI
  • Healthcare
  • Government
  • Defense
  • IT & Telecom
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Thales Group (Gemalto NV)
  • NEC Corp.
  • Broadcom Inc. (CA Technologies)
  • Fujitsu Ltd
  • Dell Technologies Inc.

 

Competitive Landscape

Key players in the global advanced authentication market are Thales Group (Gemalto NV); NEC Corp.; Broadcom Inc. (CA Technologies); Fujitsu Ltd; and Dell Technologies Inc.

These market leaders are concentrating their efforts on growing their consumer base to include international countries. To improve their market share and profitability, these firms are relying on strategic cooperation projects.

Global Advanced Authentication Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced Authentication Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Advanced Authentication Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Advanced Authentication Market - Supply Chain
  4.5. Global Advanced Authentication Market Forecast
     4.5.1. Advanced Authentication Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Advanced Authentication Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Advanced Authentication Market Absolute $ Opportunity
5. Global Advanced Authentication Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Advanced Authentication Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Advanced Authentication Demand Share Forecast, 2019-2026
6. North America Advanced Authentication Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Advanced Authentication Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Advanced Authentication Demand Share Forecast, 2019-2026
7. Latin America Advanced Authentication Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Advanced Authentication Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Advanced Authentication Demand Share Forecast, 2019-2026
8. Europe Advanced Authentication Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Advanced Authentication Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Advanced Authentication Demand Share Forecast, 2019-2026
9. Asia Pacific Advanced Authentication Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Advanced Authentication Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Advanced Authentication Demand Share Forecast, 2019-2026
10. Middle East & Africa Advanced Authentication Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Advanced Authentication Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Advanced Authentication Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Advanced Authentication Market: Market Share Analysis
  11.2. Advanced Authentication Distributors and Customers
  11.3. Advanced Authentication Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Thales Group (Gemalto NV)
     11.4.2. NEC Corp.
     11.4.3. Broadcom Inc. (CA Technologies)
     11.4.4. Fujitsu Ltd
     11.4.5. Dell Technologies Inc.

Segments Covered in the Report
The global advanced authentication market has been segmented on the basis of
Authentication Methods

  • Smart Cards
  • Biometrics
  • Tokens
  • Mobile Smart
  • Credentials
  • User-based Public Key Infrastructure
  • Others

 End-users

  • BFSI
  • Healthcare
  • Government
  • Defense
  • IT & Telecom
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Thales Group (Gemalto NV)
  • NEC Corp.
  • Broadcom Inc. (CA Technologies)
  • Fujitsu Ltd
  • Dell Technologies Inc.

 

Key players in the global advanced authentication market are Thales Group (Gemalto NV); NEC Corp.; Broadcom Inc. (CA Technologies); Fujitsu Ltd; and Dell Technologies Inc.

These market leaders are concentrating their efforts on growing their consumer base to include international countries. To improve their market share and profitability, these firms are relying on strategic cooperation projects.

Global Advanced Authentication Market keyplayers

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