Market Overview:
The global advanced authentication market reached a value of US$ 12.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.5 Billion by 2027, exhibiting at a CAGR of 13.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Advanced authentication is a verification approach that requires the presentation of multiple factors for security validation. On the basis of successful verification of these factors, an individual is authorized to access a particular virtual or physical space. The verification factors can either be a possession, knowledge or inherence-based variables such as a fingerprint, retinal scan, Personal Identification Number (PIN), password, security question or a One Time Password (OTP) which are exclusive to the user’s knowledge. An advanced authentication system is configured through a database or an application server that emphasizes on protecting organizations and business units from security threats such as hacking, identity theft and online frauds.
The increasing number of cyber-attacks and security breaches in various sectors is the key factor driving the global market. This, coupled with a significant rise in online transactions, has contributed positively to the market growth. An increased number of virtual transactions despite several cases of online frauds and unauthorized access has led to an imperative need for advanced authentication systems. Furthermore, technological innovations such as geo-fencing models based on GPS technology has provided users with an effective tool to track movements in a particular area and contain unauthorized access. Herein, verification strategies are specified by users, thus restricting access to any unauthorized source. Other factors such as the increasing rate of technological penetration and rising number of cloud and datacenter users have further driven this market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced authentication market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on authentication methods, deployment, solution and end-user industry.
Breakup by Authentication Methods:
- Smart Cards
- Biometrics
- Mobile Smart Credentials
- Tokens
- User-Based Public Key Infrastructure
- Other Authentication Methods
Breakup by Deployment:
Breakup by Solution:
Breakup by End-User Industry:
- Banking and Financial Services
- Healthcare
- Government
- Defense
- IT and Telecom
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Fujitsu Ltd, Gemalto N. V, NEC Corporation, CA Technologies (Broadcom Inc.), Safran Identity and Security SAS, Dell Technologies Inc. (RSA Security), Lumidigm Inc (HID Global), Validisoft, Pistolstar, Securenvoy (Shearwater Group), NetMotion Wireless, CJIS Solutions, AUTHASAS, WideBand Corporation, SECUREAUTH, etc.
IMARC Group’s latest report provides a deep insight into the global advanced authentication market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global advanced authentication market in any manner.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Authentication Methods, Deployment, Solution, End-User Industry, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
Fujitsu Ltd, Gemalto N. V, NEC Corporation, CA Technologies (Broadcom Inc.), Safran Identity and Security SAS, Dell Technologies Inc. (RSA Security), Lumidigm Inc (HID Global), Validisoft, Pistolstar, Securenvoy (Shearwater Group), NetMotion Wireless, CJIS Solutions, AUTHASAS, WideBand Corporation and SECUREAUTH |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Advanced Authentication Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Authentication Methods
5.5 Market Breakup by Deployment
5.6 Market Breakup by Solution
5.7 Market Breakup by End-User Industry
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Authentication Methods
6.1 Smart Cards
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Biometrics
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Mobile Smart Credentials
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Tokens
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 User-Based Public Key Infrastructure
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Other Authentication Methods
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Deployment
7.1 On-Premise
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Solution
8.1 Single Factor Authentication
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Multi-Factor Authentication
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End-User Industry
9.1 Banking and Financial Services
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Healthcare
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Government
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Defense
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 IT and Telecom
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Fujitsu Ltd
15.3.2 Gemalto N. V
15.3.3 NEC Corporation
15.3.4 CA Technologies (Broadcom Inc.)
15.3.5 Safran Identity and Security SAS.
15.3.6 Dell Technologies Inc. (RSA Security)
15.3.7 Lumidigm Inc (HID Global)
15.3.8 Validisoft
15.3.9 Pistolstar
15.3.10 Securenvoy (Shearwater Group)
15.3.11 NetMotion Wireless
15.3.12 CJIS Solutions
15.3.13 AUTHASAS
15.3.14 WideBand Corporation
15.3.15 SECUREAUTH
List of Figures
Figure 1: Global: Advanced Authentication Market: Major Drivers and Challenges
Figure 2: Global: Advanced Authentication Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Advanced Authentication Market: Breakup by Authentication Methods (in %), 2021
Figure 4: Global: Advanced Authentication Market: Breakup by Deployment (in %), 2021
Figure 5: Global: Advanced Authentication Market: Breakup by Solution (in %), 2021
Figure 6: Global: Advanced Authentication Market: Breakup by End-User Industry (in %), 2021
Figure 7: Global: Advanced Authentication Market: Breakup by Region (in %), 2021
Figure 8: Global: Advanced Authentication Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Advanced Authentication Industry: SWOT Analysis
Figure 10: Global: Advanced Authentication Industry: Value Chain Analysis
Figure 11: Global: Advanced Authentication Industry: Porter’s Five Forces Analysis
Figure 12: Global: Advanced Authentication (Smart Cards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Advanced Authentication (Smart Cards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Advanced Authentication (Biometrics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Advanced Authentication (Biometrics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Advanced Authentication (Mobile Smart Credentials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Advanced Authentication (Mobile Smart Credentials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Advanced Authentication (Tokens) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Advanced Authentication (Tokens) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Advanced Authentication (User-Based Public Key Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Advanced Authentication (User-Based Public Key Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Advanced Authentication (Other Authentication Methods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Advanced Authentication (Other Authentication Methods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Advanced Authentication (On-Premise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Advanced Authentication (On-Premise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Advanced Authentication (Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Advanced Authentication (Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Advanced Authentication (Single Factor Authentication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Advanced Authentication (Single Factor Authentication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Advanced Authentication (Multi-Factor Authentication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Advanced Authentication (Multi-Factor Authentication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Advanced Authentication (Banking and Financial Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Advanced Authentication (Banking and Financial Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Advanced Authentication (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Advanced Authentication (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Advanced Authentication (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Advanced Authentication (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Advanced Authentication (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Advanced Authentication (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Advanced Authentication (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Advanced Authentication (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Advanced Authentication (Other End-User Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Advanced Authentication (Other End-User Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Advanced Authentication Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Advanced Authentication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Advanced Authentication Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Advanced Authentication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia Pacific: Advanced Authentication Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia Pacific: Advanced Authentication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Middle East and Africa: Advanced Authentication Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Middle East and Africa: Advanced Authentication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Latin America: Advanced Authentication Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Latin America: Advanced Authentication Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Advanced Authentication Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Advanced Authentication Market Forecast: Breakup by Authentication Methods (in Million US$), 2022-2027
Table 3: Global: Advanced Authentication Market Forecast: Breakup by Deployment (in Million US$), 2022-2027
Table 4: Global: Advanced Authentication Market Forecast: Breakup by Solution (in Million US$), 2022-2027
Table 5: Global: Advanced Authentication Market Forecast: Breakup by End-User Industry (in Million US$), 2022-2027
Table 6: Global: Advanced Authentication Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Advanced Authentication Market Structure
Table 8: Global: Advanced Authentication Market: Key Players