The advanced authentication market is poised to grow by $33.65 billion during 2021-2025, progressing at a CAGR of almost 15%
The market is driven by the increasing volume of online transactions, high-level security provided by hardware OTP tokens, and adherence to compliance mandates.
The report on the advanced authentication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The advanced authentication market analysis includes the technology segment and geographic landscape.
This study identifies the introduction of out-of-band (OOB) authentication as one of the prime reasons driving the advanced authentication market growth during the next few years. Also, the emergence of cloud-based multi-factor authentication and the increasing adoption of unified platforms for authentication purposes will lead to sizable demand in the market.
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading advanced authentication market vendors that include Aware Inc., BIO-key International Inc, Broadcom Inc., Dell Technologies Inc., Fujitsu Ltd., HID Global Corp., NEC Corp., Safran SA, Thales Group, and ValidSoft Group.
Also, the advanced authentication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Technology
Comparison by Technology
Biometrics - Market size and forecast 2020-2025
Multi-factor authentication - Market size and forecast 2020-2025
Market opportunity by Technology
Key leading countries
Market opportunity by geography
Market positioning of vendors
BIO-key International Inc
Dell Technologies Inc.
HID Global Corp.
For more information about this report visit https://www.researchandmarkets.com/r/2av5wb
View source version on businesswire.com: https://www.businesswire.com/news/home/20210803005546/en/
Laura Wood, Senior Press Manager
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