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Robust Growth in FIDO Authentication Market (2024-2031): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Aware, Inc., OneSpan, HYPR Group, Yubico, Daon

08-22-2024 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: WMR

FIDO Authentication Market

FIDO Authentication Market

The latest market intelligence report published by WMR with the title "Global FIDO Authentication Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Services industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on FIDO Authentication Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Unlock access the Latest Edition of this Market Study (comprising 150+ pages) using Discount Coupon - Get Up to 70% Discount: https://www.worldwidemarketreports.com/promobuy/1021252

Key trends :

1. Increasing Adoption of Passwordless Authentication: Major tech giants like Microsoft, Google and Facebook are investing heavily in passwordless login methods using biometrics and security keys. Our research found over 60% of large enterprises plan to deploy passwordless authentication by 2025.

2. Rise of Biometric Authentication: Advances in fingerprint, facial and behavioral biometrics are making authentication more convenient while strengthening security. The biometric authentication market is projected to reach $55B by 2026.

3. Growing Importance of Multi-Factor Authentication: Regulatory mandates coupled with increased cyber threats have emphasized the need for additional layers of identity verification beyond passwords. MFA adoption is expected to surge over 30% annually through 2026.

4. Emergence of Decentralized Identity Models: New blockchain-based self-sovereign identity frameworks allow users to own and control their digital identities without relying on centralized authorities. Several large corporations are experimenting with this technology.

5. Vulnerability Management Becoming Core Strategy: Major breaches involving account takeovers have propelled vulnerability testing and remediation to the top of security priorities. Continuous monitoring and adaptive access control are gaining traction.

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Type:

FIDO Hardware
FIDO Software

• By Application:

BFSI
Healthcare & Life Sciences
Retail and Ecommerce
Government & Defense
Others

• By Regions and Countries

o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

Aware, Inc.
OneSpan
HYPR Group
Yubico
Daon
RSA Security LLC
Thales Group
Movenda
Feitian
Huawei
AgileBits
IDEMIA
Jumio
Ping Identity
Egis Technology Inc.
Futurex
1Kosmos
Beyond Identity
Apple
Google
Microsoft

Get access to the latest Edition of this Market Study (comprising 150+ pages) using discount coupon - Get Up to 70% Discount: https://www.worldwidemarketreports.com/promobuy/1021252

Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on FIDO Authentication Market for all the regions and countries covered below:

» North America (the United States, Canada, and Mexico)
» Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
» Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
» South America (Brazil, Argentina, and Rest of South America)
» Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
» Each Country is covered in detail, and report provides qualitative and quantitative analysis on FIDO Authentication Market on each country.

The research provides answers to the following key questions:

➼ What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
➼ What are the key driving forces responsible for shaping the fate of the FIDO Authentication market during the forecast period?
➼ Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the FIDO Authentication market?
➼ What are the prominent market trends influencing the development of the FIDO Authentication market across different regions?
➼ What are the major threats and challenges likely to act as a barrier in the growth of the FIDO Authentication market?
➼ What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

➤ Reports provide opportunities and threats faced by suppliers in the FIDO Authentication and tubes industry around the world.
➤ The report shows regions and sectors with the fastest growth potential.
➤ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➤ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➤ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Author of this marketing PR:

Alice Mutum is a seasoned senior PR writer, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an writer, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

☎ Contact Us:

Mr. Shah
Worldwide Market Reports,
Tel: U.S. +1-415-871-0703
U.K.: +44-203-289-4040
Australia: +61-2-4786-0457
India: +91-848-285-0837
Email: sales@worldwidemarketreports.com
Website: https://www.worldwidemarketreports.com/

About WMR:

Worldwide Market Reports is global business intelligence firm offering market intelligence report, database, and competitive intelligence reports. We offer reports across various industry domains and an exhaustive list of sub-domains through our varied expertise of consultants having more than 15 years of experience in each industry verticals. With more than 300+ analyst and consultants on board, the company offers in-depth market analysis and helps clients take vital decisions impacting their revenues and growth roadmap.

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