Press release
Passwordless Authentication Market is set to Fly High Growth in Years to Come | Fujitsu, Thales, Safran
Passwordless Authentication Market
If you are a Passwordless Authentication manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends.
The Passwordless Authentication market size is estimated to register a CAGR of 28.4% during the forecast period.
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Passwordless Authentication Market Overview
Passwordless authentication is a method of logging in to an account or system without the need for a password. Instead of relying on a user-generated password, passwordless authentication uses other methods to verify a user's identity, such as biometric factors (e.g. fingerprint, face or voice recognition), hardware tokens, or one-time passcodes (OTPs). One advantage of passwordless authentication is that it reduces the risk of password-related security breaches, such as phishing attacks or stolen passwords. It can also simplify the login process for users, as they do not need to remember and manage multiple passwords. There are different methods for implementing passwordless authentication, depending on the security needs and user requirements of an organization. For example, a system could use a combination of biometric authentication and OTPs, or hardware tokens could be issued to users for secure access to systems or networks.
Market Trends
Technological Advancements in Passwordless Authentication
Market Drivers
The Rising Risks from Phishing and Password Attacks
The Growing Need to Offer Enhanced Customer Experience
Upsurging Demand for Passwordless Authentication Solutions To Reduce Total Cost of Ownership (TCO)
Passwords are Burden for the IT Staffs in Many Ways is the Key Factor Driving the Market Growth
Major Highlights of the Passwordless Authentication Market report released by HTF MI
The market is segmented by Global Passwordless Authentication Market Breakdown by Application (Healthcare, Telecommunication, BFSI, Media & Entertainment, Travel & Hospitality, Aerospace & Defense, Transportation & Logistics, Others) by Type (Fingerprint Authentication, Palm Recognition, Iris Recognition, Face Recognition, Voice Recognition, Others) by Deployment Mode (On-Cloud, On-Premise) by Authentication (Single-factor, Multi-factor) by Portability (Fixed, Mobile) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Revenue and Sales Estimation - Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on Passwordless Authentication Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Passwordless Authentication
• Regulation and its Implications
• Other Compliances
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Fujitsu Ltd. (Japan), NEC Corporation (Japan), Accu-Time Systems Inc. (United States), EyeVerify, Inc. (United States), Crossmatch Technologies (United States), M2SYS Technology (United States), Thales Group (France), Safran (France), Dermalog Identification Systems GmbH (Germany), East Shore Technologies, Inc. (United States
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Check it Out Complete Details of Report @ https://www.htfmarketintelligence.com/report/global-passwordless-authentication-market
- Overview of Passwordless Authentication Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Passwordless Authentication Size (USD & Sales Volume) Comparison by Type (2018-2028)
- Passwordless Authentication Size (USD & Consumption) and Market Share Comparison by Application (2018-2028)
- Passwordless Authentication Size (Value & Volume) Comparison by Region (2018-2028)
- Market Capacity, Production, Export-Import by Region (2018-2022E)
- Passwordless Authentication Market Sales, Revenue and Growth Rate (2018-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Passwordless Authentication Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions
Thanks for reading this article; HTF MI also offers Custom Research services providing focused, comprehensive, and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter-wise sections or region-wise reports like Balkan, China-based, Japanese, German, North American, Europe, or Southeast Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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