Market Share of Risk-based Authentication Industry
The intensity of competitive rivalry is high as players engage in strategic investments in the form of innovation, mergers and acquisitions, and expansions. Such investments help the companies in further penetrating the market and gain a better market share. There is a presence of major companies in the market which have strong brand identity creating rivalry for gaining higher share. However, the industry is growing rapidly at a CAGR of 18.8%, which provides further room for the growth of players operating in the market.
Risk-based Authentication Market Leaders
IBM Corporation
Broadcom Inc. (CA Technology Inc.)
Oracle Corporation
Thales Group (Gemalto NV)
Micro Focus International plc
*Disclaimer: Major Players sorted in no particular order
