Advanced authentication market size to grow by USD 34,366.94 million; North America to account for 35% of market growth - Technavio

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The Advanced Authentication Market by Technology, Type, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 34,366.94 million between 2022 and 2027 at a CAGR of 14.85%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Regional Analysis

By region, the global advanced authentication market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. North America will account for 35% of market growth during the forecast period. North America is technologically developed compared to other regions. As a result, the adoption of advanced authentication is high in the region. In addition, advances in authentication solutions, such as phone-based authentication and SMS tokens and tokens integrated with biometric authentication, have boosted the growth of the market in the region. Buy the report

Company Profiles

The sports technology market report includes information on the key products and recent developments of leading vendors, including:

Atos SE - The company offers digital transformation services such as cloud, and AI software solutions.

Beyond Identity Inc. - The company offers digital transformation services through Amazon Web Services.

Cisco Systems Inc. - The company offers digital transformation services such as cloud, CRM, data and artificial intelligence, and enterprise management.

Entrust Corp. - The company offers digital transformation services such as cloud solutions, and advanced analytics.

Market Dynamics

The market is driven by factors such as the increasing volume of online transactions, high-level security provided by hardware OTP tokens, and the growing adoption of BYOD among enterprises. However, the increasing cost of OTP tokens is hindering market growth.

Competitive Analysis

The competitive scenario provided in the advanced authentication market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Request a Sample

Market Segmentation

• By technology, the market is classified into biometrics and multi-factor authentication. The biometrics segment accounted for the largest share of the market in 2022.

• By geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America held the largest share of the market in 2022.

Related Reports:

The multi-factor authentication market is estimated to grow at a CAGR of 21.41% between 2022 and 2027. The size of the market is forecast to increase by USD 20,806.45 million. This report extensively covers market segmentation by component (services and products), deployment (on-premises and cloud), and geography (APAC, North America, Europe, Middle East and Africa, and South America). 

The phone-based authentication solutions market share is expected to increase by USD 4.98 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 20.59%. Furthermore, this report extensively covers phone-based authentication solutions market segmentation by end-user (BFSI, PCI, government, and others) and geography (North America, Europe, APAC, South America, and MEA). 

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• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the advanced authentication market between 2023 and 2027
• Precise estimation of the advanced authentication market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of advanced authentication market vendors

Table of Contents:

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market Definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global advanced authentication market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global advanced authentication market 2017 - 2021 ($ million)

• 4.2 Technology Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

• 6.1 Market segments 
• Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)

• 6.2 Comparison by Technology 
• Exhibit 32: Chart on Comparison by Technology
• Exhibit 33: Data Table on Comparison by Technology

• 6.3 Biometrics - Market size and forecast 2022-2027
• Exhibit 34: Chart on Biometrics - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Biometrics - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Biometrics - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Biometrics - Year-over-year growth 2022-2027 (%)

• 6.4 Multi-factor authentication - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Multi-factor authentication - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Multi-factor authentication - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Multi-factor authentication - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Multi-factor authentication - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Technology 
• Exhibit 42: Market opportunity by Technology ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Large enterprise - Market size and forecast 2022-2027
• Exhibit 47: Chart on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Large enterprise - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Large enterprise - Year-over-year growth 2022-2027 (%)

• 7.4 SME - Market size and forecast 2022-2027
• Exhibit 51: Chart on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on SME - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on SME - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Atos SE 
• Exhibit 108: Atos SE - Overview
• Exhibit 109: Atos SE - Business segments
• Exhibit 110: Atos SE - Key news
• Exhibit 111: Atos SE - Key offerings
• Exhibit 112: Atos SE - Segment focus

• 12.4 Beyond Identity Inc. 
• Exhibit 113: Beyond Identity Inc. - Overview
• Exhibit 114: Beyond Identity Inc. - Product / Service
• Exhibit 115: Beyond Identity Inc. - Key offerings

• 12.5 Broadcom Inc. 
• Exhibit 116: Broadcom Inc. - Overview
• Exhibit 117: Broadcom Inc. - Business segments
• Exhibit 118: Broadcom Inc. - Key news
• Exhibit 119: Broadcom Inc. - Key offerings
• Exhibit 120: Broadcom Inc. - Segment focus

• 12.6 Cisco Systems Inc. 
• Exhibit 121: Cisco Systems Inc. - Overview
• Exhibit 122: Cisco Systems Inc. - Business segments
• Exhibit 123: Cisco Systems Inc. - Key news
• Exhibit 124: Cisco Systems Inc. - Key offerings
• Exhibit 125: Cisco Systems Inc. - Segment focus

• 12.7 Entrust Corp. 
• Exhibit 126: Entrust Corp. - Overview
• Exhibit 127: Entrust Corp. - Product / Service
• Exhibit 128: Entrust Corp. - Key news
• Exhibit 129: Entrust Corp. - Key offerings

• 12.8 FEITIAN Technologies Co. Ltd. 
• Exhibit 130: FEITIAN Technologies Co. Ltd. - Overview
• Exhibit 131: FEITIAN Technologies Co. Ltd. - Product / Service
• Exhibit 132: FEITIAN Technologies Co. Ltd. - Key offerings

• 12.9 ForgeRock Inc. 
• Exhibit 133: ForgeRock Inc. - Overview
• Exhibit 134: ForgeRock Inc. - Product / Service
• Exhibit 135: ForgeRock Inc. - Key news
• Exhibit 136: ForgeRock Inc. - Key offerings

• 12.10 Fujitsu Ltd. 
• Exhibit 137: Fujitsu Ltd. - Overview
• Exhibit 138: Fujitsu Ltd. - Business segments
• Exhibit 139: Fujitsu Ltd. - Key news
• Exhibit 140: Fujitsu Ltd. - Key offerings
• Exhibit 141: Fujitsu Ltd. - Segment focus

• 12.11 Infineon Technologies AG 
• Exhibit 142: Infineon Technologies AG - Overview
• Exhibit 143: Infineon Technologies AG - Business segments
• Exhibit 144: Infineon Technologies AG - Key news
• Exhibit 145: Infineon Technologies AG - Key offerings
• Exhibit 146: Infineon Technologies AG - Segment focus

• 12.12 International Business Machines Corp.
• Exhibit 147: International Business Machines Corp. - Overview
• Exhibit 148: International Business Machines Corp. - Business segments
• Exhibit 149: International Business Machines Corp. - Key news
• Exhibit 150: International Business Machines Corp. - Key offerings
• Exhibit 151: International Business Machines Corp. - Segment focus

• 12.13 Mastercard Inc. 
• Exhibit 152: Mastercard Inc. - Overview
• Exhibit 153: Mastercard Inc. - Product / Service
• Exhibit 154: Mastercard Inc. - Key news
• Exhibit 155: Mastercard Inc. - Key offerings

• 12.14 Micro Focus International Plc 
• Exhibit 156: Micro Focus International Plc - Overview
• Exhibit 157: Micro Focus International Plc - Product / Service
• Exhibit 158: Micro Focus International Plc - Key news
• Exhibit 159: Micro Focus International Plc - Key offerings

• 12.15 Oracle Corp. 
• Exhibit 160: Oracle Corp. - Overview
• Exhibit 161: Oracle Corp. - Business segments
• Exhibit 162: Oracle Corp. - Key news
• Exhibit 163: Oracle Corp. - Key offerings
• Exhibit 164: Oracle Corp. - Segment focus

• 12.16 Thales Group 
• Exhibit 165: Thales Group - Overview
• Exhibit 166: Thales Group - Business segments
• Exhibit 167: Thales Group - Key offerings
• Exhibit 168: Thales Group - Segment focus

• 12.17 Versasec AB 
• Exhibit 169: Versasec AB - Overview
• Exhibit 170: Versasec AB - Product / Service
• Exhibit 171: Versasec AB - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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