The report of global advanced authentication market by Method (Smart Cards, Biometrics, Mobile Smart Credentials, Tokens, User-Based Public Key Infrastructure, Others) Solution (Single Factor Authentication, Multi-Factor Authentication) Deployment Mode (Cloud, On-premises) Industry (Banking Financial Services & Insurance, Healthcare, Consumer Goods and Retail, Government and Defense, IT and Telecom, Others) Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
Advanced authentication is a software tool, which provides more security to highly confidential data. It provides user more secure authentication based on different condition. Advanced authentication let user move beyond the traditional authentication method like username and password.
BFSI industry is witnessing the fastest growth in global advanced authentication market.
Banking, finance services and insurance segment is dominating the advanced authentication market and it is expected to grow at CAGR of XX% during forecast period. Increasing concerns regarding better security in financial services industry is the major driving factor behind the growth of the market. Growing adoption of mobile net banking and digital transaction systems are driving the growth of market in the BFSI sector.
North America is witnessing the fastest growth at CAGR of XX%.
North America is dominating the market and it is expected that the region will maintain its dominance over the forecast period. The US and Canada are dominate the market. This is owing to the presence of large organizations in the region. Rise in adoption of advanced authentication techniques in the government and defense sector is driving the growth of market in the region.
Europe and Asia Pacific are also expected to witness the fast growth in advanced authentication market. UK, France, Germany, India, China and Japan are dominating the market in respective region. NEC Corporation in July 2019, announced that the availability of its enhanced server software, which will enable simple, secure and swift authentication of users for access to websites and mobile applications through biometric authentication.
Key Players in global advanced authentication market is Microsoft, CA Technologies, IBM, Crossmatch, EMC, Entrust Datacard, Gemalto, Authenex, Deepnet Security, Dell, Equifax, FEITIAN Technologies, SecureAuth, SecurEnvoy, SecuTech Solutions, SMS Passcode, Swivel Secure, Symantec, Technology Nexus, HP ESSN, Mastercard Inc., Atos Corporation, CSC BSS, Oracle Corporation and Datacard Group.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Advanced Authentication market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Advanced Authentication market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Advanced Authentication market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Advanced Authentication market”.
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