Authentication software includes software for authentication of users and stores identification data (data allowing to identify a person such as username and password and the like). There are three common factors used for authentication: Something you know (such as a password) something you have (such as a smart card) something you are (such as a fingerprint or other biometric method)
Scope of the Report:Based on end uses, the market is segmented into BFSI, IT and Telecomm, Healthcare, Government, Defense and Surveillance, Consumer Electronics and others. in 2019, BFSI segment occupied the largest market share, 28.76%. And small & mid-size businesses are expected to grow at a higher rate as compared to the large enterprises segment during the forecast period.
Based on solutions, the market is segmented into Single Factor Authentication, Two Factor Authentication and Multi Factor Authentication. Two Factor Authentication is taking the most market percentage in 2019, with over 67% market share.
Each of the Authentication Software participants has its own mature sales networks. Through their authorized distributors or their partners, Authentication Software companies keep keen on expanding their Authentication Software sales. To achieve better sales businesses, Authentication Software providers usually invest on their marketing channel every year.
The global Authentication Software market is valued at 9407.4 million USD in 2020 and is expected to reach 20660 million USD by the end of 2026, growing at a CAGR of 17.0% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Authentication Software.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Authentication Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Authentication Software market by product type and applications/end industries.
Market Segment by Companies, this report covers IBM
JumpCloud
Gemalto
CA Technologies
Entrust Datacard
Avatier
RSA Security
HID Global
TrustBuilder
Duo Security (Cisco)
Specops Software
eMudhra
inWebo Technologies
RCDevs
REVE Secure
Veridium
IDEMIA
OneSpan
Symantec Corporation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Two Factor Authentication
Multi Factor Authentication
Single Factor Authentication
Market Segment by Applications, can be divided into BFSI
IT and Telecomm
Healthcare
Government
Defense and Surveillance
Consumer Electronics
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
