Authentication Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Authentication as a Service Market is Segmented by Authentication Type (Single-Factor Authentication, Multi-Factor Authentication), Service Type (Compliance Management, Managed Public Key Infrastructure (PKI), Subscription Keys Management), End-user Industry (IT and Telecommunications, BFSI, Government and Defense, Healthcare), and Geography (North America, Europe, Asia-Pacifici, and Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Authentication Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Authentication Services Market Size

authentication services market
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 22.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Authentication Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Authentication Services Market with other markets in Technology, Media and Telecom Industry

Automation

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Security & Surveillance

Authentication Services Market Analysis

The Authentication Services Market is expected to register a CAGR of 22% during the forecast period.

  • Moreover, a steep increase in the number of security and data breaches have made it imperative for organizations to adopt robust authentication tools. According to a survey by IdentityForce, there were approximately 2,013 confirmed data breaches in 2019. Microsoft reported a data breach of its non-corporate email services from January to March 2019. It allowed hackers to access email accounts by manipulating Microsoft's customer support portal.
  • Further, an immense amount of data is being deployed over the cloud, increasing the vulnerability of data breaches. In October 2019, Adobe reported the unauthorized exposure of account information of 7.5 million users on Adobe Creative Cloud, due to an unprotected online database.
  • Growing data breach incidents are driving the adoption of authentication services across the world. According to the 2020 Trustwave Global Security Report, it was found that 33% of cyberattack incidents occurred in North America. Small and medium enterprises (SMEs) are considered the most-affected end users when it comes to cyberattacks. They suffer more malware attacks, but the frequency of attacks against SMEs appears to be on the rise.
  • During the current situation of a global pandemic, the demand for remote work solutions has been witnessing a surge, owing to multiple enterprises transitioning from their conventional workplace setup to work from home scenarios. These impacts have to be carefully taken care of in the context of the organization's cybersecurity, as more personal unsecured devices started accessing the organization network, increasing the risk of compromising network security.
  • Additionally, since the start of the COVID-19 outbreak, the number of cyberattacks has been drastically increasing, adversely affecting individuals, businesses, and organizations. According to the Check Point Software Technologies survey, the number of cyberattacks during the Q1 of 2020 increased by more than 70%. Such a large number of cybercrimes in the context of COVID-19 made the public question the reliability of the existing sensitive data management practices. These instances are further fueling market growth.

Authentication Services Industry Overview

The competitive rivalry in the authentication services market is high. The ability of these competitors to continually innovate their products and services has enabled them to achieve a competitive advantage over other players in the market. Through research and development activities, mergers and acquisitions, and strategic partnerships, these players can gain a larger footprint in the market. Some of the recent developments in the market are:

  • January 2020 - IBM filed a patent for developing a 'self-aware token' primarily designed to record events of an offline transaction, with the United States Patent and Trademark Office. The patent filed relates to financial data processing in an electronic currency platform and processing e-commerce tokens, which involve offline transactions.
  • March 2019 - FSS (Financial Software and Systems), a global payments technology company, launched the FSS Secure3D, the company's new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. Globally, across various regions, banks are needed to implement the 3DS2.0 between 2019 and 2020.

Authentication Services Market Leaders

  1. Entrust Datacard Corporation

  2. Tata Communications.

  3. IBM Corporation

  4. Microsoft Corporation

  5. Google LLC

  6. *Disclaimer: Major Players sorted in no particular order
authentication services market
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Authentication Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHT

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Technology Snapshot
    • 4.3.1 Token-based Authentication
    • 4.3.2 Token less Authentication
  • 4.4 Assessment of COVID-19 Impact on the Authentication Services Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growth in the Number of Digital Identities
    • 5.1.2 Authentication Needed for Security Compliances and Regulations
    • 5.1.3 Growing Adoption of Bring Your Own Device (BYOD)
  • 5.2 Market Restraints
    • 5.2.1 High Cost Involved with Matured Authentication Methods

6. MARKET SEGMENTATION

  • 6.1 By Authentication Type
    • 6.1.1 Single Factor Authentication
    • 6.1.2 Multi Factor Authentication
  • 6.2 By Service Type
    • 6.2.1 Compliance Management
    • 6.2.2 Managed Public Key Infrastructure (PKI)
    • 6.2.3 Subscription Keys Management
    • 6.2.4 Other Service Types
  • 6.3 By End-user Industry
    • 6.3.1 IT and Telecommunications
    • 6.3.2 BFSI
    • 6.3.3 Government & Defense
    • 6.3.4 Healthcare
    • 6.3.5 Other End-user Industries
  • 6.4 Geography
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia-Pacific
    • 6.4.4 Latin America
    • 6.4.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Entrust Datacard Corporation
    • 7.1.2 Tata Communications.
    • 7.1.3 Okta Inc.
    • 7.1.4 Thales Group
    • 7.1.5 CA Technology, Inc.(Broadcom Inc.)
    • 7.1.6 Trustwave Holdings, Inc. (Singtel)
    • 7.1.7 OneLogin Inc.
    • 7.1.8 Google LLC
    • 7.1.9 IBM Corporation
    • 7.1.10 Microsoft Corporation
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Authentication Services Industry Segmentation

Authentication services allow organizations to identify someone or something by providing access control for systems in which it checks the person's or a thing's credentials against the ones stored in a database.

By Authentication Type Single Factor Authentication
Multi Factor Authentication
By Service Type Compliance Management
Managed Public Key Infrastructure (PKI)
Subscription Keys Management
Other Service Types
By End-user Industry IT and Telecommunications
BFSI
Government & Defense
Healthcare
Other End-user Industries
Geography North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Authentication Services Market Research FAQs

What is the current Authentication Services Market size?

The Authentication Services Market is projected to register a CAGR of 22% during the forecast period (2025-2030)

Who are the key players in Authentication Services Market?

Entrust Datacard Corporation, Tata Communications., IBM Corporation, Microsoft Corporation and Google LLC are the major companies operating in the Authentication Services Market.

Which is the fastest growing region in Authentication Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Authentication Services Market?

In 2025, the North America accounts for the largest market share in Authentication Services Market.

What years does this Authentication Services Market cover?

The report covers the Authentication Services Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Authentication Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Authentication Services Industry Report

Statistics for the 2025 Authentication Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Authentication Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.