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The Global Advanced Authentication Market is forecast to grow by $34366.94 mn during 2022-2027, accelerating at a CAGR of 14.85% during the forecast period
Global Advanced Authentication Market 2023-2027. The analyst has been monitoring the advanced authentication market and is forecast to grow by $34366.94 mn during 2022-2027, accelerating at a CAGR of 14.85% during the forecast period.
New York, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Advanced Authentication Market 2023-2027" - https://www.reportlinker.com/p03841124/?utm_source=GNW
Our report on the advanced authentication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing volume of online transactions, high-level security provided by hardware OTP tokens, and the growing adoption of BYOD among enterprises.
The advanced authentication market is segmented as below:
By Technology
• Biometrics
• Multi-factor authentication
By Type
• Large enterprise
• SME
By Geography
• North America
• Europe
• APAC
• South America
• Middle East and Africa
This study identifies the introduction of out-of-band (OOB) authentication as one of the prime reasons driving the advanced authentication market growth during the next few years. Also, the emergence of cloud-based MFA and the increasing adoption of unified platforms for authentication purposes will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the advanced authentication market covers the following areas:
• Advanced authentication market sizing
• Advanced authentication market forecast
• Advanced authentication market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading advanced authentication market vendors that include Atos SE, Beyond Identity Inc., Broadcom Inc., Cisco Systems Inc., Entrust Corp., FEITIAN Technologies Co. Ltd., ForgeRock Inc., Fujitsu Ltd., FusionAuth, Infineon Technologies AG, International Business Machines Corp., Mastercard Inc., Micro Focus International Plc, Microsoft Corp., NEC Corp., Okta Inc., OneSpan Inc., Oracle Corp., Thales Group, and Versasec AB. Also, the advanced authentication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p03841124/?utm_source=GNW
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