Passive Authentication Market 2023 Set for Explosive Growth by 2030 | NEC Corporation, IBM Corporation, Cisco Systems

Infinity Business Insights published a new research publication on Passive Authentication Market Insights, to 2030 with 113+ pages and enriched with self-described Tables and charts in respectable arrangement. The worldwide Passive Authentication market is projected to grow at a rising CAGR during 2023-2030. The Passive Authentication market research report focuses on prominent companies in the industry, analyzing both the Passive Authentication market and its segments' sizes. It mainly discourses market trends and growth predictions for the upcoming years. This report is valuable for studying industry trends and identifying opportunities, saving considerable time. Passive Authentication Market report is an extensive market research study that can significantly contribute to business growth in various aspects.

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 Major players in the market include NEC Corporation, IBM Corporation, Cisco Systems, Inc., Gemalto NV, Jumio, RSA Security, SecuredTouch, FICO, Pindrop, Verint, OneSpan, NuData Security, Equifax, LexisNexis, SESTEK, UnifyID, Aware, Nuance Communications, Precognitive, Inc., BioCatch

The global passive authentication market is expected to grow at a CAGR of 18.5% from 2023 to 2030. The demand for improved cybersecurity measures and user authentication procedures has led to a rapid rise of the passive authentication market. Solutions for passive authentication offer a frictionless user experience and continuous, non-intrusive authentication, which lessens the need for conventional passwords. Organizations across a variety of sectors, such as finance, healthcare, and e-commerce, have been forced to implement passive authentication technologies to strengthen their security processes as a result of the rising incidence of cyberattacks and data breaches. The demand for passive authentication solutions to provide secure access to sensitive information and applications has also increased as a result of the widespread use of mobile devices and the growing trend of remote work. The market for passive authentication is anticipated to grow steadily as demand for reliable authentication techniques increases with the years to come.

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The global Passive Authentication market has been segmented on the basis of type and application.
Passive Authentication Market by Type:
Passive Biometric
Device ID

Passive Authentication Market by Application:
BFSI
Government
IT and Telecom
Retail and Consumer Goods
Healthcare
Media and Entertainment
Others

Countries Covered:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

Passive Authentication Market Challenges and Risks:
Accuracy and False Positives: Passive authentication relies on detecting patterns and behaviors, which can result in false positives if user behavior deviates due to legitimate reasons, leading to unnecessary authentication challenges.

Adaptive Learning: Passive authentication systems require time to learn user behavior accurately. During the learning phase, there's a risk of not detecting anomalies or unauthorized access.

Behavioral Changes: User behaviors can change over time due to various factors such as device upgrades, changing routines, or external influences. Adaptive systems need to account for such changes to avoid false negatives.

User Experience: While passive authentication aims to improve user experience by reducing friction, frequent false positives or authentication challenges can frustrate users.

Privacy Concerns: Collecting and analyzing user behavior data raises privacy concerns. Passive authentication systems must ensure proper data encryption, anonymization, and compliance with data protection regulations.

Cybersecurity Threats: Passive authentication systems can be vulnerable to attacks aimed at mimicking user behavior patterns or manipulating the system to gain unauthorized access.

Data Quality and Variability: Passive authentication relies on consistent and reliable data sources. Variability in data quality or discrepancies between different data sources can affect accuracy.

Key Questions Addressed:
Who are the major players in the market, and what are their Passive Authentication market shares and key developments?
What is the capability of the major players in terms of products offered, financials, and strategies?
Which products, companies, and trends are disrupting the Passive Authentication market?
What opportunities exist in the Passive Authentication market?
What are the key challenges faced in the Passive Authentication market?
How are players, products, and services penetrating different regions?
What recommendations can be made based on the analysis?

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Table of Content:

Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

Executive Summary
Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

Key Insights

4.1 Global Statistics - Key Countries

4.2 New Product Launches

4.3 Pipeline Analysis

4.4 Regulatory Scenario - Key Countries

4.5 Recent Industry Developments - Partnerships, Mergers & Acquisitions

Global Passive Authentication Market Analysis, Insights and Forecast

5.1. Key Findings/ Summary

5.2. Market Analysis - By Product Type

5.3. Market Analysis - By Distribution Channel

5.4. Market Analysis - By Countries/Sub-regions

……………

Competitive Analysis

11.1. Key Industry Developments

11.2. Global Market Share Analysis

11.3. Competition Dashboard

11.4. Comparative Analysis - Major Players

Company Profiles

12.1 Overview

12.2 Products & Services

12.3 SWOT Analysis

12.4 Recent developments

12.5 Major Investments

12.6 Regional Market Size and Demand

Strategic Recommendations

TOC Continued……………….

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