PUBLISHER: Value Market Research | PRODUCT CODE: 1352823
PUBLISHER: Value Market Research | PRODUCT CODE: 1352823
The global demand for FIDO Authentication Market is presumed to reach the market size of nearly USD 634.37 MN by 2030 from USD 240.32 MN in 2022 with a CAGR of 12.9% under the study period 2023 - 2030.
FIDO authentication helps businesses address the need for secure applications without compromising user convenience. FIDO authentication assists enterprises in alleviating critical data breach risks caused by password mismanagement and weak passwords. FIDO authentication standards facilitate user identification by utilizing multi-factor authentication (MFA), biometric systems, and other alternatives across applications and websites.
The increasing use of mobile and web applications and the growing demand for advanced security solutions that reduce endpoint attack exposure is driving up demand for fido authentication solutions and services. Moreover, the rise in data breach cases is driving the adoption of fido authentication services worldwide. The desire for sophisticated security solutions that reduce endpoint attack vulnerability drives up demand for fido authentication solutions and services. Furthermore, various benefits associated with fido authentication, such as standardization, cost reduction, ease of use, and strong authentication, drive the businesses' adoption of fido authentication solutions. Fido authentication services provide a highly secure environment while also being cost-effective, operationally efficient, and manageable leading to higher fido authentication market size. However, a lack of awareness may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fido authentication. The growth and trends of fido authentication industry provide a holistic approach to this study.
This section of the fido authentication market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the FIDO Authentication market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fido authentication market include Aware Inc., Daon Inc., Futurex, Huawei Technology Ltd. (Huawei Developers), HYPR Corp., Movenda S.P.A., OneSpan Inc., Thales, Infineon Technology AG, Yubico, Microcosm Ltd., Auth0 Inc. (Okta Inc.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
1 .PREFACE