Hardware OTP Token Authentication Market Is Booming Worldwide | Dell, Gemalto, Symantec

HTF MI recently introduced Global Hardware OTP Token Authentication Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Dell, Gemalto, Symantec, VASCO, Authenex, Deepnet Security, Entrust, FEITIAN Technologies, Fortinet, HID, ID Control, Nexus, PortalGuard, SecureMetric Technology & Yubico etc.

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Hardware OTP authentication is a two-factor authentication solution that enables secure remote network access and digital signature functionality with the help of a physical hardware authenticator or a secure token. Hardware OTP utilizes a separate device or a security token issued to a user to generate a password that acts as a second factor for authentication.
Hardware OTP tokens are a product category within the two-factor authentication sector, primarily used for ensuring user authentication and access management applications. Primary authentication is followed by the secondary authentication using a hardware device. Since user login authentication without the possession of hardware devices is not allowed, hardware tokens are reliable in ensuring authenticated user login. Further, hardware OTP tokens are highly instrumental in preventing any chance of network infiltration. The portability factor associated with these hardware devices also eliminates the need for external software and hardware for identity management. The enhanced level of security provided by these tokens is a significant factor reinforcing their demand across the various end-user industries around the world.
Asia-Pacific is experiencing development in the internet connectivity, and the governments in this region are trying to push for digital governance, offer services digitally to make investment and process less cumbersome. With the digital push, there has been an increased threat of data security being compromised. Financial transactions, enterprises, government, and education sectors are expected to see increased demand for the MFA in the region creating new opportunities for the hardware OTP token market.
In 2017, the global Hardware OTP Token Authentication market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report studies the Global Hardware OTP Token Authentication market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Hardware OTP Token Authentication market by companies, region, type and end-use industry.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Hardware OTP Token Authentication Market by Type (USB Tokens, SIM Tokens & Mini Tokens), by End-Users/Application (Banking, Financial Services and Insurance (BFSI), Healthcare, Government, PCI (Payment Card Industry), Commercial Security & Others), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Dell, Gemalto, Symantec, VASCO, Authenex, Deepnet Security, Entrust, FEITIAN Technologies, Fortinet, HID, ID Control, Nexus, PortalGuard, SecureMetric Technology & Yubico includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Hardware OTP Token Authentication Market has been divided into type, application, and region.
On The Basis Of Type: USB Tokens, SIM Tokens & Mini Tokens.
On The Basis Of Application: Banking, Financial Services and Insurance (BFSI), Healthcare, Government, PCI (Payment Card Industry), Commercial Security & Others
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Hardware OTP Token Authentication in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Hardware OTP Token Authentication

Global Hardware OTP Token Authentication Market Size (Sales) Market Share by Type (Product Category) in 2017
Hardware OTP Token Authentication Market by Application/End Users
Global Hardware OTP Token Authentication Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Banking, Financial Services and Insurance (BFSI), Healthcare, Government, PCI (Payment Card Industry), Commercial Security & Others]
Global Hardware OTP Token Authentication Sales and Growth Rate (2013-2023)
Hardware OTP Token Authentication Competition by Players/Suppliers, Region, Type and Application
Hardware OTP Token Authentication (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Hardware OTP Token Authentication Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include USB Tokens, SIM Tokens & Mini Tokens
Hardware OTP Token Authentication Manufacturing Cost Analysis
Hardware OTP Token Authentication Key Raw Materials Analysis
Hardware OTP Token Authentication Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

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