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The Advanced Authentication Market is segmented by Authentication Method (Smart Cards, Biometrics, Tokens), End-user Industry (BFSI, Healthcare, Government), and Geography.
Fastest Growing Market:
The Advanced Authentication Market was valued at USD 9.75 billion in 2019 and is expected to reach USD 20.73 billion by 2025, at a CAGR of 13.4% over the forecast period 2020 - 2025. Security threats have been increasing continuously. Hackers are finding new ways to steal the data, while new viruses are being developed to steal sensitive information from enterprises and individual users. With most of the users now preferring to perform transactions online, it becomes imperative for the organization to deploy authentication solutions that help in convenient and secure access.
Advanced authentication provides a central place for all authentication policies to be managed. This is important because organizations are usually forced to operate and maintain multiple infrastructures. Advanced authentication/two-factor authentication/multifactor authentication requires an additional separate factor or credential to complete the log-in or transaction process.
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The advanced authentication market is moderately competitive and consists of several major players. In terms of market share, few of the players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increased Number of Cloud Users and Data Centers
4.2.2 Increasing Number of Security Breaches and Related Costs
4.3 Market Restraints
4.3.1 High Upgrade and Replacement Costs
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Government Policies and Industry Regulations
4.7 TECHNOLOGY SNAPSHOT
4.7.1 Technology Overview
4.7.2 Deployment Methods
4.7.3 Different Authentication Methods
4.7.4 Advanced Authentication Applications
5. MARKET SEGMENTATION
5.1 By Authentication Methods
5.1.1 Smart Cards
5.1.3 Mobile Smart Credentials
5.1.5 User-based Public Key Infrastructure
5.1.6 Other Authentication Methods
5.2 By End-user Industry
5.2.5 IT and Telecom
5.2.6 Other End-user Industries
5.3.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.3.4 Latin America
22.214.171.124 Rest of Latin America
5.3.5 Middle East & Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Saudi Arabia
184.108.40.206 South Africa
220.127.116.11 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fujitsu Ltd.
6.1.2 Thales Group (Gemalto NV)
6.1.3 NEC Corp.
6.1.4 Broadcom Inc. (CA Technologies)
6.1.5 Safran Identity and Security SAS
6.1.6 Dell Technologies Inc.
6.1.7 Lumidigm Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability