Global Advanced Authentication Market - Size, Share, Growth, Trends, and Forecast 2017 - 2025
"The Report Advanced
Authentication Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025 provides information on
pricing, market analysis, shares, forecast, and company profiles for
key industry participants. - MarketResearchReports.biz"
About
Advanced
Authentication
Market
Security threats in every industry
have been growing continuously, with hackers constantly finding
different ways to hack data, and viruses being created to hack
private information from individual users and enterprises. Today,
most users prefer to perform transactions online; hence, it becomes
necessary for an organization to put together verification solutions
which help in secure access. Organizations need a reliable
authentication system to confirm the truth of somebody (person) or
something (object). The manual password method is too often copied,
breached, or shared, thus exposing data to theft. The Criminal
Justice Information System (CJIS) obligated the use of advanced
authentication in organizations in order to maintain the privacy and
security of data. This mandate to use the system affects all agencies
that access the CJIS network, including law enforcement agencies, the
judicial system, and public safety. The advanced authentication
system is again revamped or advanced in order to ensure more safety
and confidentiality of the data and is known as two-factor
authentication. Two-factor authentication requires alternative forms
of verification (or credentials) in addition to the traditional
username and password. The first credentials in the authentication is
always something the user has (eye scan or fingerprint), whereas the
second credential is something that the user knows (pin number,
password, or a challenge question).
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There
are various factors driving the growth of the advanced authentication
market. One of the key factors is growing security threats and the
need of organizations to protect themselves from these threats.
Government regulations, and increasing use of advanced authentication
in several industry verticals such as BFSI and healthcare is
responsible for the rising growth of the advanced authentication
market. Also, increased adoption of mobility is contributing to the
growth of the market. The pressure on enterprises to enable partners,
employees and other investors to handle more sensitive information
from any device and from anywhere is also expected to help the
advanced authentication market to expand further. This factor makes
advanced authentication systems a vital aspect of an enterprise's
organizational strategy. The centralized policy engine in the
advanced authentication system crosses all authentication methods. It
is flexible, easing redundant work, and brings consistency in
authentication, thus driving the growth of the advanced
authentication market. Another vital factor contributing to the
growth of the market is its geo-fencing facility. Geo-fencing uses
global positioning technology (GPS); it allows the user to specify
authentication policies on the basis of the user’s definite
location, such as campus or building. These policies can be formed to
limit access to users in the permitted locations in order to provide
a safer environment for operation. However, inferior telecom
infrastructure in developing countries and cultural factors are
issues that may hamper the progress of the advanced authentication
market.
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The advanced authentication market
is segmented on the basis of authentication methods, end- user
industry, and geographic regions. By authentication methods, the
market is segmented into smartcards, tokens, mobile smart
credentials, user-based public key infrastructure, and others. On the
basis of end-user industry, the market is segregated into BFSI,
government, healthcare, travel and transport, defense and others.
Geographically, the advanced authentication market is distributed
over North America, Europe, Asia Pacific, South America, and Middle
East & Africa. North America is expected to dominate the advanced
authentication market due to significant regulatory compliance and a
large industrial base.
Key players in the global advanced
authentication market include Fujitsu, RSA Security, Safran, NEC
Corporation, Lumidigm, Gemalto, Suprema, ValidSoft, PistolStar,
SecurEnvoy and others. In order to gain competitive advantage in the
market, these players are vigorously involved in organic and
inorganic growth strategies. Partnerships, collaborations,
agreements, and new product launches are some of the vital strategies
followed by them.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The study is a source of
reliable data on:
Market segments and
sub-segments
Market trends and dynamics
Supply and demand
Market size
Current
trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder
analysis
The regional analysis covers:
North America (U.S. and
Canada)
Latin America (Mexico, Brazil,
Peru, Chile, and others)
Western Europe (Germany, U.K.,
France, Spain, Italy, Nordic countries, Belgium, Netherlands, and
Luxembourg)
Eastern Europe (Poland and
Russia)
Asia Pacific (China, India,
Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC,
Southern Africa, and North Africa)
The report has been compiled
through extensive primary research (through interviews, surveys, and
observations of seasoned analysts) and secondary research (which
entails reputable paid sources, trade journals, and industry body
databases). The report also features a complete qualitative and
quantitative assessment by analyzing data gathered from industry
analysts and market participants across key points in the industry’s
value chain.
A separate analysis of prevailing
trends in the parent market, macro- and micro-economic indicators,
and regulations and mandates is included under the purview of the
study. By doing so, the report projects the attractiveness of each
major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis,
which includes an assessment of the parent market
Important changes in market
dynamics
Market segmentation up to the
second or third level
Historical, current, and
projected size of the market from the standpoint of both value and
volume
Reporting and evaluation of
recent industry developments
Market shares and strategies
of key players
Emerging niche segments and
regional markets
An objective assessment of the
trajectory of the market
Recommendations to companies
for strengthening their foothold in the market
Note: Although care has been taken
to maintain the highest levels of accuracy in TMR’s reports, recent
market/vendor-specific changes may take time to reflect in the
analysis.
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