Risk-based Authentication Market 2022 Analysis by Top Key Players – RSA Security LLC, IBM Corporation, Broadcom Inc. (CA Technologies Inc.), Micro Focus International plc

The Risk-based Authentication Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The risk-based authentication market was valued at USD 2.22 billion in 2020 and is expected to reach USD 5.13 billion by 2026, at a CAGR of 15% over the forecast period 2021 - 2026.

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Top Leading Companies of Risk-based Authentication Market are RSA Security LLC, IBM Corporation, Broadcom Inc. (CA Technologies Inc.), Micro Focus International plc, Okta Inc., SecureAuth Corporation, Thales Group (Gemalto NV), Equifax Inc., Oracle Corporation, Cross Match Technologies Inc., Financial Software Systems Inc. and others.

Industry News and Updates

In November 2019 - HID Global, a trusted identity solution provider announced that it has partnered with Temenos, the banking software company, to integrate its risk-based authentication solution with Temenos Infinity and Temenos Transact. The joint offering is available on-premise and in the cloud. It provides an agile, interpreted path to secure digital banking, decreasing the time and cost of delivering risk-based adaptive authentication, transaction signing, and threat detection on the Temenos platform.

Key Market Trends

North American Expected to Hold Major Share

- The North American region led the United States market as the most prominent contributor to the region's market. Businesses in the region increasingly dependent on computer networks and electronic data to conduct their regular operations. Increasing pools of personal and financial information are also transferred and stored online.

- This is because of the populous nature of the region in terms of organizational data, compared to other regions. Moreover, the United States currently accounts for the largest share in the adoption of cloud technologies and analytics and is expected to show the same trend in 2020.

- The substantial increase in the number of data breaches across various industries boosts the companies to adopt robust authentication methods. For instance, according to the White House Council of Economic Advisers, the US economy faces losses of approximately USD 57 billion to USD 109 billion per annum, due to the dangerous cyber activities.

Regional Outlook of Risk-based Authentication Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Risk-based Authentication Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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