Global Risk-based Authentication Market Industry Analysis and Forecast (2021-2027) by Component, Development, Application and Region

Global Risk-based Authentication Market was worth US$ 2.22 Bn in 2020 and total revenue is expected to grow at a rate of 15 % CAGR from 2021 to 2027, reaching almost US$ 5.91 Bn in 2027.

Global Risk-based Authentication Market Overview:

RBA, sometimes called as flexible authentication, is a character and access innovation currently in development. It considers a variety of criteria, including the client's behavior, the devices they use, and other considerations, to determine whether the client is at danger. They provide a variety of benefits to businesses, including lower equipment costs, increased profitability for remote workers, and a satisfied client base. However, the increased popularity of these connected devices has resulted in a variety of security and information breaches, as well as unreliable use leading to data breaches and cyber-attacks. As a result, companies all over the world are adopting risk-based authentication systems to combat the growing threat of cyber-attacks. Global Risk-based Authentication Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region

Global Risk-based Authentication Market Dynamics:

The telecommunications and technology industry's rapid growth is a major element driving this market's growth, and it is likely to be one of the main drivers during the forecast period. Risk-based authentication is an optimization technique that assesses the risk by examining many Developments of user factors. Due to the increasing growth of banking and online transactions, the danger of potential fraud and personal information exposure has increased significantly. Any carryout transaction is increasingly being sent via mobile and e-banking channels, which opens the door to cyber criminals attempting to steal money from customers' accounts. By not properly understanding the benefits of risk-based authentication solutions, many SEMS and open segment associations limit market development. The market is hampered by a lack of understanding of the results of risk-based certification and financial limits for small and medium enterprises. End-user investments in advanced technologies are being made to improve system security. It is a sort of security that aids in determining the level of risk posed by a specific login attempt and presents the user with authentication issues appropriate to the level of risk. These are the opportunity for risk based authentication market.

Global Risk-based Authentication Market Segment Analysis:

Global Risk-based Authentication Market is segmented into Component, Development and Application. Based on Component, the market is segmented into Solution, Service, Managed services, Professional services. In terms of revenue share, the solution segment is expected to dominate the market. This is a factor that is expected to drive the expansion of the solution market, as organisations use risk-based authentication solutions to prevent identity theft and other new cyber threats. Based on Development, the market is segmented into on premises and Cloud. In terms of revenue, the cloud segment dominates the market. Small and medium-sized businesses are increasingly adopting this form of development since it allows them to focus on their core technology rather than financing their security infrastructure. In support of this, businesses are increasingly moving to automation solutions to speed up workflow and analyses work processes, allowing them to improve areas where the company's success is hindered. As a result, traditional storage and analytics have given way to cloud-based infrastructure and storage solutions. According to Kaspersky Lab, around 75% of businesses will migrate apps to the cloud in the near future. Based on Application, the market is segmented into Retails, BFSI, Manufacturing, Government, Medical and IT. Risk-based authentication is being recommended by governments all around the world. In the United States, for example, the Defense Federal Acquisition Regulation Supplement (DFARS) mandated the implementation of multifactor authentication for all local and remote accounts linked with users who access classified and unclassified material in its directive. The use of online portals for banking and financial services is fast rising, demanding improved authentication to protect the important data of customers affiliated with the banking institution. As a result of the rapid growth of banking and online transactions, the danger of fraud and potential personal information exposure has increased dramatically. Every day, more people utilize mobile and e-banking channels to transfer money and conduct transactions, which makes it easier for cyber thieves to gain access to a user's account and steal money. Global Risk-based Authentication Market 1

Global Risk-based Authentication Market Regional Insights:

As the most significant contributor to the region's market, the North American region dominated the United States market. In order to execute their daily operations, businesses in the region are becoming increasingly reliant on computer networks and electronic data. Personal and financial data is being shared and kept in ever-increasing amounts online. This is due to the region's populous nature in terms of organizational data when compared to other regions. Furthermore, the United States currently leads the world in cloud computing and analytics adoption, and this trend is expected to continue in 2020. Companies are increasingly using robust authentication solutions as the incidence of data breaches rises across various industries. For example, the White House Council of Economic Advisers estimates that the US economy will lose between USD $ 57 billion and USD $ 109 billion per year as a result of risky cyber operations. In addition, governments in the region have promoted for the use of various authentication methods. For example, the US government granted federal agencies the option to employ alternate authentication mechanisms to fill service gaps and meet their objectives in April 2020. For PIV eligible personnel, agencies can undertake a risk assessment and offer an alternate credential or authenticator. This is expected to increase demand for the market under consideration. The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Risk-based Authentication Market dynamics, structure by analyzing the market segments and projects the global Risk-based Authentication Market size. Clear representation of competitive analysis of key players by Component, price, and financial position, Component portfolio, growth strategies, and Regional presence in the global Risk-based Authentication Market make the report investor’s guide.

Global Risk-based Authentication Market Scope: Inquire before buying

Global Risk-based Authentication Market 3

Global Risk-based Authentication Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Risk-based Authentication Market key player

IBM • Broadcom • Micro Focus • Okta • Gemalto • Vasco Data Security • Secureauth • Rsa Security • Entrust Datacard • Lexisnexis • Gurucul • Equifax • Ping Identity • Forgerock • Onelogin • Centrify • Crossmatch • Biocatch • Oracle

Frequently Asked Questions:

1) What was the market size of Global Risk-based Authentication Market markets in 2020? Ans - Global Risk-based Authentication Market was worth US$ 2.22Bn in 2020. 2) What is the market segment of Global Risk-based Authentication Market markets? Ans -The market segments are based on Material of Component, Development and Application. 3) What is forecast period consider for Global Risk-based Authentication Market markets market? Ans -The forecast period for Global Risk-based Authentication Market is 2021 to 2027. 4) Which are the worldwide major key players covered for Global Risk-based Authentication Market report? Ans – IBM, Broadcom, Micro Focus, Okta, Gemalto, Vasco Data Security, Secureauth, Rsa Security, Entrust Datacard, Lexisnexis, Gurucul, Equifax, Ping Identity, Forgerock, Onelogin, Centrify, Crossmatch, Biocatch, Oracle. 5) Which region is dominated in Global Risk-based Authentication Market? Ans -In 2020, North America region dominated the Global Risk-based Authentication market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Risk-based Authentication Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Risk-based Authentication Market 3.4. Geographical Snapshot of the Risk-based Authentication Market , By Manufacturer share 4. Global Risk-based Authentication Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Component of Buyers/Consumers 4.1.6.3. Bargaining Component of Suppliers 4.1.6.4. Threat of Substitute Component 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-16 Pandemic on the Global Risk-based Authentication Market 5. Supply Side and Demand Side Indicators 6. Global Risk-based Authentication Market Analysis and Forecast, 2020-2027 6.1. Global Risk-based Authentication Market Size & Y-o-Y Growth Analysis. 7. Global Risk-based Authentication Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 7.1.1. Solution 7.1.2. Service 7.1.3. Managed services 7.1.4. Professional services 7.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 7.2.1. on premises 7.2.2. Cloud 7.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.3.1. Retails 7.3.2. BFSI 7.3.3. Manufacturing 7.3.4. Government 7.3.5. Medical 7.3.6. IT 8. Global Risk-based Authentication Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Risk-based Authentication Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 9.1.1. Solution 9.1.2. Service 9.1.3. Managed services 9.1.4. Professional services 9.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 9.2.1. on premises 9.2.2. Cloud 9.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.3.1. Retails 9.3.2. BFSI 9.3.3. Manufacturing 9.3.4. Government 9.3.5. Medical 9.3.6. IT 10. North America Risk-based Authentication Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Risk-based Authentication Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Risk-based Authentication Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Risk-based Authentication Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Risk-based Authentication Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Risk-based Authentication Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Risk-based Authentication Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Risk-based Authentication Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Risk-based Authentication Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Risk-based Authentication Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Risk-based authentication Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Risk-based authentication Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Risk-based authentication Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Risk-based Authentication Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Risk-based Authentication Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Risk-based authentication Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Risk-based Authentication Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Risk-based authentication Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Risk-based authentication Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Risk-based authentication Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Risk-based authentication Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Risk-based authentication Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Risk-based authentication Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Risk-based authentication Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Risk-based Authentication Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Risk-based authentication Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Risk-based authentication Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Risk-based authentication Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Risk-based authentication Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Risk-based authentication Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Application, 2020-202 40. South America Risk-based authentication Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Risk-based authentication Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Risk-based authentication Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Risk-based authentication Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Risk-based authentication Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Development, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Risk-based Authentication Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Component Launches and Component Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. IBM 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Component Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.3.2. Broadcom 45.3.3. Micro Focus 45.3.4. Okta 45.3.5. Gemalto 45.3.6. Vasco Data Security 45.3.7. Secureauth 45.3.8. Rsa Security 45.3.9. Entrust Datacard 45.3.10. Lexisnexis 45.3.11. Gurucul 45.3.12. Equifax 45.3.13. Ping Identity 45.3.14. Forgerock 45.3.15. Onelogin 45.3.16. Centrify 45.3.17. Crossmatch 45.3.18. Biocatch 45.3.19. Oracle 45. Primary Key Insights

About This Report

Report ID 119609
Category Electronics
Published Date Sept 2021
Updated Date
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