DUBLIN--(BUSINESS WIRE)--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
