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Password Based Authentication Market at a Highest CAGR of 25.20% with Top Players - FUJITSU, Precise Biometrics, Fulcrum Biometrics, LLC., Iritech, inc. and More
Password Based Authentication Market
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Single-factor authentication (SFA) serves as a method to safeguard access to various systems, such as websites or networks, by relying on just one type of credentials to identify the party seeking access. The prevalent form of SFA is password-based authentication, where the security of the password hinges on the attentiveness of the system user or administrator responsible for creating the account.
Top Competitors of password-Based Authentication Market:
Safran (France)
NEC Corporation India Private Limited (India)
FUJITSU (Japan)
Aware, Inc. (U.S.)
Gemalto Cogent, Inc. (U.S.)
BIO-key International (U.S.)
Precise Biometrics (Sweden)
secunet Security Networks AG. (Germany)
Thales Group (France)
Cognitec Systems GmbH (Germany)
Crossmatch. (U.S.)
Fulcrum Biometrics, LLC. (U.S.)
Daon (Ireland)
Facebanx (U.S.)
HID Global Corporation/ASSA ABLOY AB. (U.S.)
SUPREMA Inc, (South Korea)
Iritech, inc. (U.S.)
M2SYS Technology (U.S.)
Password-Based Authentication Market Segmentations:
By Type:
Fingerprint Recognition
Face Recognition
Vein Recognition
Signature Recognition
Voice Recognition
Others
By Functionality Type:
Contact
Noncontact
Combined
By End-User:
Consumer Electronics
Government, Military and Defence
Healthcare, Automotive
Travel & Immigration
Banking and Finance
Security
Others
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In November 2020, Hitachi ABB Power Grids revealed a significant milestone by entering into a 5-year contract with Dubai Electricity and Water Authority (DEWA) to deliver energy solutions. This collaboration entails the provision, installation, testing, and commissioning of 15 new substations, alongside the refurbishment and enhancement of 18 existing substations throughout Dubai.
Regions Covered in the Global Password based authentication Market:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East, Africa and rest of the world
Password-Based Authentication Market Dynamics:
Growing Cybersecurity Concerns and Increasing Online Transactions.
Vulnerability to Phishing Attacks and Password Fatigue.
Adoption of Multi-Factor Authentication and Biometric Integration.
Balancing Security with User Convenience in Password Management.
The report provides valuable insights across several key aspects:
Market Penetration: Comprehensive data on market dynamics is offered by key players in the industry.
Market Development: The report explores emerging markets in depth and assesses penetration within established market segments.
Market Diversification: Detailed information is provided on new product launches, unexplored geographic regions, recent advancements, and investment activities.
Competitive Assessment & Intelligence: An exhaustive evaluation of market shares, strategies, products, certifications, regulatory approvals, patent landscapes, and manufacturing capabilities of leading players is conducted.
Product Development & Innovation: Intelligent insights are provided regarding upcoming technologies, ongoing research and development initiatives, and noteworthy advancements in product development.
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