Global Advanced Authentication Market Size and Revenue Forecasts

The report on the Global Advanced Authentication Market initially offers an in-depth overview of the Advanced Authentication Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.

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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The report is a comprehensive research study of the global Advanced Authentication market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

Target Audience of the Global Advanced Authentication Market Report:

• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers

Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

Fujitsu, Thales, NEC Corporation, Broadcom, Dell Inc., Safran, ValidSoft Group, BIO-key International, SecurEnvoy Ltd, and Absolute Software Corporation

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

• 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)

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.

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

Key Benefits of Buying the Global Advanced Authentication Report:

• Comprehensive analysis of the changing competitive landscape
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies
• The report offers an 8-year forecast and assessment of the Global Advanced Authentication Market
• Helps in understanding the key product segments and their estimated growth rate
• In-depth analysis of market drivers, restraints, trends, and opportunities
• Comprehensive regional analysis of the Global Advanced Authentication Market
• Extensive profiling of the key stakeholders of the business sphere
• Detailed analysis of the factors influencing the growth of the Global Advanced Authentication Market

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ToC of the report:

Chapter 1: Advanced Authentication Market overview and scope

Chapter 2: Advanced Authentication Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Advanced Authentication Market segmentation based on type applications

Chapter 9: Current and Future Trends

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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