Global Authentication Services Market Forecast Report 2023-2030: A Review of Data Protection Laws by Country

DUBLIN, Nov. 9, 2023 /PRNewswire/ -- The "Authentication Services - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Authentication Services estimated at US$837.1 Million in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 19.7% over the analysis period 2022-2030.

Compliance Management, one of the segments analyzed in the report, is projected to record a 19.4% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Subscription Keys Management segment is readjusted to a revised 20.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $244.9 Million, While China is Forecast to Grow at 18.9% CAGR

The Authentication Services market in the U.S. is estimated at US$244.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$603.4 Million by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 16.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.

Select Competitors Featured in the Report:

• Bell Canada
• Entrust Datacard Corporation
• Gemalto NV
• Global Cloud Xchange Group Ltd.
• Interoute Communications Ltd.
• Tata Communications Ltd.
• Trustwave Holdings, Inc.
• Verizon Communications, Inc.
• Wipro Ltd.

MARKET TRENDS & DRIVERS

• Rapid Increase in Number of Digital Identities: Need for Authentication Services
• Identity Authentication and Fraud Solutions Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
• With Digital Identities on the Rise, Threat of Identity Fraud/Threat Increases, Giving Impetus to the Market for Authentication Services
• Identity Theft Statistics: In a Nutshell
• Number of Identity Fraud Victims (in Millions) and Fraud Losses (in US$ Billion) in the US for the Period 2012-2017
• Number of Identity Theft Complaints in the US for 2015-2018
• Identity Theft Complaints in the US by Nature of Crime for 2018
• Leading Canadian Banks Unveil Blockchain-Based Digital Identity Service
• A Glance at Popular Authentication Technologies
• Adoption of Stringent Data Security Regulations Worldwide Enhance Demand for Authentication Services
• A Review of Data Protection Laws by Country
• GDPR: The Most Significant Data Protection Regulation Set to Transform Digital Authentication
• Two-Factor Authentication: Ideal for Complying with GDPR Requirements
• Multi-Factor Authentication Services Market: An Overview
• Global Multi-Factor Authentication Market: Percentage Breakdown of Revenues by Application for 2019
• A Review of Select Multi-Factor Authentication Software
• Cloud-based Multi-Factor Authentication Continues to Evolve
• Multi-Factor Authentication Helps in Strengthening Cloud App Security
• Two-Factor Authentication: Offering Additional Layer of Security
• Digitalization and Virtualization in SMBs Drive Demand for Two-Factor Authentication
• A Glance at Select Two-Factor Authentication Solutions and Hardware
• Highly Regulated Industries Turn to Security Tokens for Higher Level of Security
• Hard Tokens VS Soft Tokens
• Increasing Number of Mobile Devices with Integrated Biometric Sensors: Potential Growth for Authentication Services Market
• Global Biometric Smartphones Market: Shipments of Smartphones with Biometrics Technology as % of Total Smartphones for the Period 2017-2021
• Global Mobile Biometrics Market Size in US$ Billion for the Years 2018, 2020, 2022 and 2024
• Mobile Devices User Authentication Services: A Promising Market
• Increasing Rate of Online Frauds and Cyber Attacks Drive Demand for Mobile Devices User Authentication Services
• Continuous Increase in Mobile Fraud: Fraud Transactions on Mobile Devices as % of Total Fraud Transactions for 2015-2019
• Mobile Authentication Opportunity in China: An Overview
• Managed Public Key Infrastructure Services: Enabling Strong Authentication of Digital Identities
• Compliance Management Services: Vital Part of Security Administration
• Strong Authentication Essential for PCI DSS Compliance
• MFA Helps U.S. Government Contractors to Achieve DFARS Compliance
• HIPAA Compliance: Two Factor Authentication Holds Significance
• BFSI: A Prominent Major End-Use Market for Authentication Services
• Biometrics Adoptions Gains Momentum in Banking & Financial Services Industry
• Public Sector Organizations Increasingly Opt for Multi-Factor Authentication Services
• Rapid Growth of eCommerce Sector: Lucrative Opportunities in Store for Authentication Services Market
• Global Retail E-Commerce Sales in US$ Billion for the Years 2017, 2019, 2021 and 2023
• Mobile Authentication: Enabling eCommerce Market to Increase Consumer Confidence
• Big Data Aids in Strengthening Authentication Process
• Innovations & Advancements
• Symbol-to-Accept: Latest Innovation in the Mobile Authentication Space
• Biometric Innovations Favoring Mobile Payments Market
• Innovations in Biometric Authentication Field: A Snapshot
• Advent of Offline Alternative Option for Aadhaar-based Biometric Authentication
• Personal Authentication Technology: A Review of Select Innovations
• Silent Authentication: Potential for Adoption in eCommerce Market
• Authentication Technology Advancements Aid in Safer Transactions
• Real-time Captcha Technique Plays a Critical Role in Improving Biometric Authentication

For more information about this report visit https://www.researchandmarkets.com/r/fmye0z

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