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Global Advanced Authentication Market Trends and Forecast (2018-2023): Expecting to Record a CAGR of 13.4% - ResearchAndMarkets.com

December 18, 2018

DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Advanced Authentication Market - By authentication method, deployment model (on cloud, on premise), end-user industry, geography - Trends and forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The market was valued at USD 7.4 billion in 2017, and is expected to reach a value of USD 16.2 billion by 2023 at a CAGR of 13.4% over the forecast period (2018-2023).

Owing to increasing cases of data breaches and security concerns, the global advanced authentication market is poised to witness robust growth over the forecast period.

One of the primary drivers of the advanced authentication market is a significant increase in the number of online transactions and mounting security threats, posing an imminent threat to vast amounts of critical data.

There have been major security attacks reported over the last few years, the most notable being the Adult Friend Finder. This dating website was hacked by a malicious outsider, resulting in the exposure of 412,214,295 million records.

Key Highlights

Upsurge in the Number of Online Transactions to Drive the Market Banking & Financial Services Continue Leading the Advanced Authentication Market North America - The Leader of the Advanced Authentication Market

Developments in the Market

CA Technologies acquired Veracode. This acquisition institutes CA Technologies as the spearhead in the Secure DevOps market, bridging its security business with its broad DevOps portfolio. Fujitsu completed a strategic agreement with ImageWare, to extend the company’s biometric security solutions portfolio. Gemalto acquired 3M’s identity management business. This strategic acquisition will help Gemalto to provide solutions for the promising commercial biometrics market. NEC Corporation acquired Arcon, to reinforce its authentication services.

Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Technology Snapshot

5. Segmentation by Authentication Method

6. Global Advanced Authentication Market - By End-user Industry

7. Global Advanced Authentication Market - By Geography

8. Vendor Market Share

9. Key Vendor Profiles

10. The Challengers

11. Investment Analysis

12. Future Outlook of the Advanced Authentication Market

Companies Profiled

Fujitsu Ltd. Gemalto N.V. NEC Corporation CA Technologies Safran Identity and Security SAS Dell Technologies Lumidigm Inc. Validsoft Pistolstar Securenvoy

For more information about this report visit https://www.researchandmarkets.com/research/lxhfnd/global_advanced?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005531/en/

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Related Topics:IT Security

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/18/2018 09:59 AM/DISC: 12/18/2018 09:59 AM

http://www.businesswire.com/news/home/20181218005531/en

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