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Why We Need System Authentication Devices in the Era of IoT and AI | Market Scope and Investment Opportunities to 2026

04-07-2020 06:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Why We Need System Authentication Devices in the Era of IoT and AI |

Secure system authentication devices are used to confirm the providence of access to the true user into the system for sharing information.

The use of digital devices for information analysis, process, storage, etc. has generated the need to keep the information safe. The application of secure system authentication devices is found in many digital devices with personal information.

System authentication devices are used in various industrial verticals such as defense & aerospace, medical & healthcare, manufacturing, corporations, automotive, and consumer electronics.

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Key Market Growth Drivers:

The factors including increase in use of digital devices in consumer electronics, rapid penetration of technologies like IoT and AI and rapid shift of information storage using cloud computing drive the system authentication devices market growth.

The rise in competition in the digital device sector has reduced the price of products which has inversely affected its usage. These devices store personal and professional information of the owners and thus have the installation of a secure authentication systems. For example, biometric locks, face recognition systems and various others. In addition, the advancing use of IoT which uses the technology of connecting the smart electronic devices via smart networks requires a system authentication for verified connection.

In addition, artificial intelligence uses advanced secure system authentication such as retina scanning. Further, cloud computing which uses central servers for storage of various user's data, increases the risk of data theft and cybercrimes. Thus, uses the system authentication devices market. Therefore, the global secure system authentication devices market is expected to experience growth during the projected period.

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In future, the construction of smart cities plans to use advanced car toll tax system which would use AI and IoT integrated secure system authentication devices eliminating the use of human resource at toll counters. Therefore, widening future market opportunity for secure system authentication devices market.

The key players covered in the system authentication devices industry are Burton Group, Cross Match, SecuGen, Lumidigm, Nitgen, Suprema, Cognitec Systems GmbH, Animetrics Inc., Aurora Computer Services Ltd., 3M Cogent, Aware Inc., NEC Corporation, Ayonix Inc., Precise Biometrics, Nuance Communication, and FaceFirst.

The system authentication devices market is categorized on the basis of factor type, component, industrial vertical, and region.

On the basis of factor type, it is categorized into knowledge factor, ownership factor and inherence factor. On the basis of component, it is divided into hardware and software. On the basis of industrial vertical, it is categorized into automotive, BFSI, medical & healthcare, transportation & logistics, manufacturing, consumer electronics, aerospace & defense, IT & software, and others. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

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David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
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help@alliedmarketresearch.com
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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