Advanced Authentication  in the Financial Service Industry Market 2022 Size & Industry Forecast by 2027

Advanced Authentication  in the Financial Service Industry has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

Advanced Authentication  in the Financial Service Industry is envisaged to record an expansion at the CAGR of 13.6% over the forecast period, 2022 - 2028

Competitive Landscape:

 Fujitsu Ltd.,  Thales Group (Gemalto N.V),  NEC Corp.,  Broadcom Inc.,  Safran Identity and Security SAS,  Dell Technologies Inc.,  Lumidigm Inc.,  Validsoft Ltd.,  Pistolstar Inc.,  SecurEnvoy Ltd. and Others

Industry News:

- January 2018 - Gemalto announced PURE white-label payment solution services to GhIPSS (Ghana Interbank Payment and Settlement Systems), a subsidiary of Ghana's central bank that manages the country's interbank payment processing system.
- January 2018 - HID Global announced that its HID Approve two-factor mobile authentication and verification platform supports Apple's iPhone X Face ID facial recognition system.

Click the link to get a Sample Copy of the Report:

https://www.marketintelligencedata.com/reports/2337945/advanced-authentication-market-in-the-financial-service-industry-growth-trends-covid-19-impact-and-forecasts-2022-2027/inquiry?mode=Nikita29

Scope of the Report

- Online frauds, changing consumer dynamics and increasing technology penetration are driving the adoption of online services among end users. The trend is also driving online transactions, resulting in a renewed emphasis on security and privacy.
- Major solution providers in the market today are focusing on providing a broad platform to support various existing entities in the environment, including Windows Credential Provider, OSX, iOS, Android, Windows Mobile, and Linux Pluggable Authentication.
- As the population and creativity of hackers grow, BFSI sector is compelled to deploy new authentication methods which will ensure protection of customer data. It is forcing the vendors for continuous innovation.

Key Market Trends

Biometrics to Hold Major Share

- The anonymous nature of digital transactions means that businesses and consumers must mutually find ways of establishing bilateral trust. To accomplish that today, consumers look for visual signs of security when interacting with a business.
- This method of authentication has been widely adopted, owing to the key advantages it offers, namely its non-repudiation, non-transferable, and non-identifiable nature, thus providing a high level of protection against fraud.

Browse the Full report description and TOC at:

https://www.marketintelligencedata.com/reports/2337945/advanced-authentication-market-in-the-financial-service-industry-growth-trends-covid-19-impact-and-forecasts-2022-2027?mode=Nikita29

Asia-Pacific to Witness the Highest Growth

- Asia-Pacific holds a unique place in the global financial and digital technology landscape. Adoption for digital banking and commerce is highest in the world among some countries in Asia-Pacific and growing rapidly in others.
- According to APAC Identity and Fraud Report, 90% of the respondents reported personal banking as one of their top online activities. This indicates a demand for advanced authentication methods.

Highlights about Advanced Authentication  in the Financial Service Industry report coverage:

- A complete background analysis, which includes an assessment of the Global Advanced Authentication  in the Financial Service Industry.

- Important changes in Advanced Authentication  in the Financial Service Industry dynamics

- Advanced Authentication  in the Financial Service Industry segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Advanced Authentication  in the Financial Service Industry with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Advanced Authentication  in the Financial Service Industry industry developments

- Advanced Authentication  in the Financial Service Industry shares and strategies of key players

- Emerging niche Advanced Authentication  in the Financial Service Industry segments and regional markets

- An objective assessment of the trajectory of the Advanced Authentication  in the Financial Service Industry .

- Recommendations to companies for strengthening their foothold in the Advanced Authentication  in the Financial Service Industry .

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

About Us:

Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) - MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

  Mail to: sales@marketintelligencedata.com

This release was published on openPR.