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Authentication and Brand Protection Market Demand Key Growth Opportunities. Development and Forecasts to 2023-2032

04-18-2023 09:02 AM CET | IT, New Media & Software

Press release from: Analytics Market Research

Authentication and Brand Protection Market

Authentication and Brand Protection Market

Authentication and Brand Protection Market size was valued at USD 5,834.5 Million in 2022 and is projected to reach USD 12,934.0 Million by 2030, growing at a CAGR of 10.50% from 2023 to 2030.

Due to rising consumer safety concerns and government regulatory and compliance demands, the market for authentication and trademark protection is anticipated to expand significantly globally. Due to rising consumer safety concerns and government regulatory and compliance demands, the market for authentication and trademark protection is anticipated to expand significantly globally. The market is comprehensively evaluated in the study on the global authentication and brand protection market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Authentication and Brand Protection Market Definition
The need for information and data interchange has increased due to the growth of information and communication technologies, which has led to more sophisticated threats to data security. A suitable and effective authentication and brand protection plan must be in place in order to counter these dangers. Companies use a variety of technologies, including security printing, holograms, de-metalized solutions, UV, IR, and DNA inks, tamper-seals, and anti-counterfeiting labels, to execute brand protection and authentication techniques. As a result of the increased opportunity for product forging and counterfeiting brought on by increased digitization, a rising number of brands are employing authentication and brand protection solutions.

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Global Authentication and Brand Protection Market Overview
Rapid urbanisation and industrialization have enhanced consumer preference for opulent lifestyles and their spending power. This has helped fuel a number of end-use industries, including consumer products, electronics, personal care & cosmetics, and healthcare. Increased theft, counterfeiting, and brand infringement activities have been brought on by thriving end-use businesses.

Over the past few years, the e-commerce sector has grown quickly. The sector has grown as a result of strong and reliable internet infrastructure, consumer preference for adopting digital media, and industry growth. The rapidly expanding global e-commerce market has made it possible for more firms to sell their products online in an effort to draw in a larger and larger customer base. This has given counterfeiters more opportunity to produce fake goods, which is driving up demand for brand protection technology and solutions.

Solutions for brand protection and authentication demand a significant upfront expenditure. Small and medium-sized businesses (SMEs) are unable to embrace these solutions widely due to their high costs. The expensive cost of this equipment hinders businesses from using it, which restricts the market's growth.

With 232 pages and loaded with self-explanatory Tables and charts in presentable format, "Authentication And Brand Protection Market Insights, to 2027" is a comprehensive report. You can find new, changing Trends, Drivers, Restraints, and Opportunities in the Study that were produced by focusing on market-related stakeholders. The market for authentication and brand protection has expanded primarily as a result of rising R&D expenditures globally.

Scope of the Report of Authentication And Brand Protection

By lowering the low-cost imitations that steal sales, brand protection online increases sales. If low-quality imitations are taken off the market, genuine products will be seen as more dependable and of higher quality. Agriculture, consumer electronics, consumer goods, automobile parts, pharmaceuticals, medical equipment, and consumer goods all fall under the umbrella of the counterfeit product industry, which is constantly expanding.

Segmentation:
By Type
• Overt
• Covert
• Forensic
• Digital

By Technology
• Security Printing & Tamper Proof Labels
• Security Inks & Coatings
• OVDS and Holograms
• Unique Codes
• Bar Codes
• RFID
• Authentication ICs
• Others

By Application
• Consumer Electronics
• Automotive
• Medical
• Chemical
• Food & Beverage
• Tobacco
• Others

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Geography:
As of 2021, North America dominates the Authentication and Brand Protection Market, followed by Europe and Asia-Pacific. The dominance of North America can be attributed to rising Globalization and e-commerce, e-commerce, Increased stakeholder collaboration, and technological advancements. Tech giants in the North American region are offering device authentication as an effective method to combat counterfeits and build trust among customers. Businesses are adding effective security technology to embedded systems to enable the device and system authenticity. Growing demands for customer satisfaction, safety, and brand protection is propelling the growth of the Authentication and Brand Protection Market. In Europe, companies such as Infineon is offering device authentication and brand protection solutions for sophisticated cryptographic security to protect brand and the safeguard consumers against the ill-effects of after-market devices. Such factors are propelling the growth of the Authentication and Brand Protection Market in North America and Europe.

Company Profiles:
• 3M Company
• AlpVision
• Applied DNA Sciences, Inc.
• Arjo Solutions
• Avery Dennison Corporation
• De La Rue plc
• Gemalto NV
• Giesecke+Devrient GmbH
• HID Global Corporation
• KURZ Group
• Micro Focus International plc
• OpSec Security Group Ltd.
• SICPA Holding SA
• Thales Group
• UPM-Kymmene Oyj.

Key Benefits:

The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
Porter's Five Force Model and SWOT analysis are used to study the global Authentication and Brand Protection Market and would help stakeholders make strategic decisions.
The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
In-depth analysis of the types of Security Analytics would help in identifying future applications in this market.
Reasons to Purchase this Report:

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.

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About Us

Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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