Emergen Research has recently added a new report titled Global Advanced Authentication Market that provides an extensive analysis of the Advanced Authentication market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Advanced Authentication Market.
The global advanced authentication market size was USD 12.65 Billion in 2022 and is expected to register a revenue CAGR of 11.7% during the forecast period. Factors such as increased adoption of mobile and Internet penetration, growing emergence of digital portals, and payment platforms, along with rising importance of securing individual privacy, and cybersecurity threats are creating a high demand for advanced authentication software, thus expected to drive market revenue growth. Stronger authentication methods are mandated by government legislation and industry standards, which have considerably driven market revenue growth. The market revenue growth is being driven by the need for enterprises to employ advanced authentication solutions as a result of compliance regulations such as the General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS). The demand for cloud-based authentication solutions has grown as cloud-based services and remote work environments have been more widely used. Organizations can safeguard access to cloud resources and guarantee secure remote access owing to the scalability, centralized control, and flexibility offered by cloud-based enhanced authentication which is growing the importance of employing software in different industries. According to research, with almost 3.4 billion spam emails sent out each day, phishing attacks continue to be the most frequent online attacks. In 2022, the average cost of a data breach was USD 4.35 million across the globe. The average cost of breaches caused by compromised or stolen credentials in 2022 was USD 4.50 million which is increasing the importance of strengthening data security. Such factors are driving revenue growth of the market.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Fujitsu, Thales, NEC Corporation, Broadcom, Dell Inc., Safran, ValidSoft Group, BIO-key International, SecurEnvoy Ltd, and Absolute Software Corporation
Report Highlights:
- Besides offering a vivid depiction of the global Advanced Authentication business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Advanced Authentication Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Advanced Authentication market expected to boost the growth of the industry in the coming years.
Advanced Authentication Market Segmentation:
Authentication Methods Outlook (Revenue, USD Billion; 2019-2032)
- Smart Cards
- Biometrics
- Mobile Smart Credentials
- Tokens
- User-Based Public Key Infrastructure
- Others
Authentication Type Outlook (Revenue, USD Billion; 2019-2032)
- Single-Factor Authentication
- Multi-Factor Authentication
End-Use Industry Outlook (Revenue, USD Billion; 2019-2032)
- BFSI
- Healthcare
- Government
- Defense
- IT & Telecom
- Others
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/advanced-authentication-market
Highlights of Table of Contents (TOC):
- Overview of Global Advanced Authentication Market
- Competitive analysis of the Advanced Authentication Market
- Regional analysis of Global Advanced Authentication Market production and revenue
- Regional analysis of Global Advanced Authentication Market supply, consumption, and export & import
- Type-based market analysis of global Advanced Authentication production, revenue, and price trends
- Application-based analysis of the global Advanced Authentication Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Advanced Authentication market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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