Advanced Authentication Market 2022 Business Opportunities by Regions, Manufacturers, and Forecast to 2032
The latest research report by Emergen Research, named ‘Global Advanced Authentication Market – Forecast to 2032’, entails a comprehensive review of the global Advanced Authentication Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Advanced Authentication Market industry, particularly the current COVID-19 scenario.
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.
Key players in the market Fujitsu, Thales, NEC Corporation, Broadcom, Dell Inc., Safran, ValidSoft Group, BIO-key International, SecurEnvoy Ltd, and Absolute Software Corporation
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Competitive Terrain:
The Global Advanced Authentication Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Advanced Authentication market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Advanced Authentication Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
-
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
Regional Analysis of the Advanced Authentication Market :
- 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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Key Questions Answered in the Report:
- What is the growth rate of the Advanced Authentication Market ? What is the anticipated market valuation of Advanced Authentication Market industry by 2032?
- What are the key growth driving and restraining factors of the Advanced Authentication Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Advanced Authentication Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Advanced Authentication Market report:
Chapter 1, describes the Advanced Authentication Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Advanced Authentication Market , along with the sales, revenue, and price of Advanced Authentication Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Advanced Authentication Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Advanced Authentication Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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