Passive Authentication Market to See Booming Growth | LexisNexis, BioCatch, Equifax, IDology, Aware

Latest Study on Industrial Growth of Passive Authentication Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Passive Authentication market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:
Aware (United States), BehavioSec (United States), BioCatch (Israel), Cisco (United States), Early Warning (United States), Equifax (United States), Experian (Ireland), FacePhi (Spain), FICO (United States), Gemalto (Netherlands), IDology (United States), IBM (United States), Jumio (United States), LexisNexis (United States), NEC (Japan), Nuance Communications (United States), NuData Security (Canada)

Scope of the Report of Passive Authentication
A passive authentication is a form of authentication in which the user's identity is verified and validated without requiring any additional actions for authentication. The data on the RF chip of an electronic ID document is tested for authenticity and forgery using passive authentication (PA). The communication and technology industry is growing at a breakneck rate around the world. The production of advanced authentication solutions is being fueled by the rapid growth of the communication and technology industries around the world. As the number of security breaches rises across industries, industry players are being forced to implement advanced authentication technologies to tackle the problem.

In Mar 2021, ID R&D announced that it has achieved a breakthrough in voice biometric accuracy. Using voice biometrics for the scenario of unlocking a device with spoken voice, ID R&D attained a .01% false acceptance rate and a 5% false rejection rate in the microphone channel in a third-party test.

In Dec 2018, NEC Corporation announced the acquisition of KMD Holding ApS, the holding company of KMD A/S (KMD), the largest Danish IT company. NEC is acquiring KMD for approximately 8 billion Danish Kroner (DKK) from Advent International, one of the world's largest and most experienced private equity investors.

In Aug 2018, Cisco announced its intent to acquire privately-held Duo Security, headquartered in Ann Arbor, Mich. Duo Security is the leading provider of unified access security and multi-factor authentication delivered through the cloud.

The Global Passive Authentication Market segments and Market Data Break Down are illuminated below:
by Type (Solution, Services (Consulting, Integration and Deployment, Support & Maintenance)), Application (BFSI, Government, Telecom and IT, Retail and consumer goods, Healthcare, Media and entertainment, Others), Function (Compliance management, Marketing management, Risk management, Others (operations and IT management)), Organisation Size (Small and Medium-sized Enterprises (SMEs), Large enterprises), Deployment Model (On-premises, Cloud)

Market Opportunities:
• Adoption Of the Biometric Technology For Authentication And Fraud Detection
• Rising Acceptance Of IoT In All Verticals

Market Drivers:
• Growing Need for Frictionless Authentication among Organizations
• Increasing Demand for Multi-Factor Authentication in Organization

Market Trend:
• Increasing Implementation Of AI

What can be explored with the Passive Authentication Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Passive Authentication Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Passive Authentication
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents
Global Passive Authentication Market Research Report
Chapter 1 Global Passive Authentication Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Passive Authentication Market Forecast

Finally, Passive Authentication Market is a valuable source of guidance for individuals and companies.

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