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Global Advanced Authentication Market Overview
The Global Advanced Authentication Market size is estimated to reach $21.45 billion by 2026, growing at a CAGR of 13.7% over the forecast period of 2021-2026. Advanced authentication helps in ensuring security beyond the username and password. It makes sure that the user goes through an additional authentication factor to prove their identity. Biometrics, a type of advanced authentication, has been successfully implemented in forensics, governments, banking and financial organizations, and enterprise identity management, among other applications. Furthermore, the widespread availability of fingerprint sensors in low-cost mobile devices and government-sponsored national ID initiatives have helped raise awareness and acceptance of this technology.
Impact of COVID-19 on Advanced Authentication Market:
The COVID-19 pandemic resulted in the need for many sectors to be digitized so that they could cope with surviving during it. This has increased a lot of online financial transfers and other functionalities. Hence advanced authentication market is expected to experience an increase in demand.
Key Takeaways from Global Advanced Authentication Market Report:
By authentication method, the biometrics segment is expected to expand at the fastest rate in terms of CAGR during the forecast period.
By authentication method, the biometric segment is supposed to grow at the fastest pace as they are cost-effective and non-transferable. Also, mobile intelligent credentials are expected to dominate in terms of CAGR in this duration because they are highly cost-effective to implement.
The Asia Pacific to account for the largest market share during the forecast period
North America held the largest share of the Advanced Authentication Market in 2020. The ease of technology there has facilitated organizations across North America to earnestly implement advanced authentication to safeguard themselves from cyberattacks and security breaches.
The Asia Pacific is set to be the fastest-growing Advanced Authentication Market. This is due to increased cybercrimes recently across the particular geography, which has made organizations invest in advanced authentication.
Market Dynamics
Driver: Increase in the number of cyberattacks is driving the Advanced Authentication Market.
An increase in cyberattacks has made it a priority to focus on advanced authentication to safeguard the data involved. This is one of the key driving factors to have caused growth in the advanced authentication market.
Challenge: Lack of skilled professionals is restraining the market growth.
Advanced authentication is a niche field that has started to gain traction in recent times. Hence it gets complicated to find skilled professionals who have profound expertise here. This is one of the key challenges which is restraining the market growth.
Key Market Players
Key Players in the Global Advanced Authentication Market consist of Fujitsu Ltd, Thales Group, NEC Corp., Broadcom, Safran Identity and Security SAS, Dell Technologies, Validsoft, Pistolstar, Securenvoy, Lumidigm, among others.
Developments
In February 2018, Fujitsu Security Solution AuthConductor Client, a suite of biometric authentication software for PCs that provides a safe authentication environment, was released by Fujitsu.
Report Coverage and Scope
The report "Global Advanced Authentication Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.
By Authentication Methods
By Vertical
By Geography
Global Advanced Authentication Market Growth, Trend and Forecast 2022-2028
Chapter 1 Advanced Authentication Market Overview
1.1 Product Overview and Scope of Advanced Authentication
1.2 Advanced Authentication Market Segmentation by Authentication Methods
1.2.1 Smart Cards
1.2.2 Biometrics
1.2.3 Mobile Smart Credentials
1.2.4 Tokens
1.2.5 Others
1.3 Advanced Authentication Market Segmentation by Vertical
1.3.1 Banking
1.3.2 Telecom
1.3.3 Healthcare and Life Sciences
1.3.4 Government and Public Sector
1.3.5 Defense
1.4 Advanced Authentication Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.4.7 Global Market Size (Value) of Advanced Authentication (2015-2028)
Chapter 2 Global Economic Impact on Advanced Authentication Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Advanced Authentication Market Competition by Manufacturers
3.1 Global Advanced Authentication Production and Share by Manufacturers (2021 and 2022)
3.2 Global Advanced Authentication Revenue and Share by Manufacturers (2021 and 2022)
3.3 Global Advanced Authentication Average Price by Manufacturers (2021 and 2022)
3.4 Manufacturers Advanced Authentication Manufacturing Base Distribution, Production Area and Product Type
3.5 Advanced Authentication Market Competitive Situation and Trends
3.5.1 Advanced Authentication Market Concentration Rate
3.5.2 Advanced Authentication Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Advanced Authentication Production, Revenue (Value) by Region (2015-2022)
4.1 Global Advanced Authentication Production by Region (2015-2022)
4.2 Global Advanced Authentication Production Market Share by Region (2015-2022)
4.3 Global Advanced Authentication Revenue (Value) and Market Share by Region (2015-2022)
4.4 Global Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.5 North America Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.6 Europe Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.7 China Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.8 Japan Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.9 Southeast Asia Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
4.10 India Advanced Authentication Production, Revenue, Price and Gross Margin (2015-2022)
Chapter 5 Global Advanced Authentication Supply (Production), Consumption, Export, Import by Regions (2015-2022)
5.1 Global Advanced Authentication Consumption by Regions (2015-2022)
5.2 North America Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
5.3 Europe Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
5.4 China Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
5.5 Japan Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
5.6 Southeast Asia Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
5.7 India Advanced Authentication Production, Consumption, Export, Import by Regions (2015-2022)
Chapter 6 Global Advanced Authentication Production, Revenue (Value), Price Trend by Type
6.1 Global Advanced Authentication Production and Market Share by Type (2015-2022)
6.2 Global Advanced Authentication Revenue and Market Share by Type (2015-2022)
6.3 Global Advanced Authentication Price by Type (2015-2022)
6.4 Global Advanced Authentication Production Growth by Type (2015-2022)
Chapter 7 Global Advanced Authentication Market Analysis by Application
7.1 Global Advanced Authentication Consumption and Market Share by Application (2015-2022)
7.2 Global Advanced Authentication Consumption Growth Rate by Application (2015-2022)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Advanced Authentication Manufacturing Cost Analysis
8.1 Advanced Authentication Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Advanced Authentication
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Advanced Authentication Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Advanced Authentication Major Manufacturers in 2022
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Advanced Authentication Market Forecast (2022-2028)
12.1 Global Advanced Authentication Production, Revenue Forecast (2022-2028)
12.2 Global Advanced Authentication Production, Consumption Forecast by Regions (2022-2028)
12.3 Global Advanced Authentication Production Forecast by Type (2022-2028)
12.4 Global Advanced Authentication Consumption Forecast by Application (2022-2028)
12.5 Advanced Authentication Price Forecast (2022-2028)
Chapter 13 Appendix
Published On:May 2022
Base Year:2021
Historical Data:2018 - 2020
No of Pages:250
Advanced Authentication Market Size, Share & Trend...
RD Code : IT22