FIDO Authentication Market was valued at US$ 15.6 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 20.2% from 2023 to 2029, reaching a market value of nearly US$ 47.05 billion by 2029.
FIDO Authentication Market Overview:
FIDO Authentication Market areas Services like pricing trend analysis for the target brands, market knowledge for other countries, data from clinical trials, literature research, analysis of the refurbished market and product base, and other services are all available as part of a custom market study. Technology-based research and market portfolio strategies are two examples of target rival market analysis. The format and data type of your choosing may include as many competitors as you require.
FIDO Authentication Market Scope:
The market research study for FIDO Authentication Market analyzes the top end users in the market and projects yearly growth through 2029. The study computes the revenue, sales, and growth rate for the global FIDO Authentication Market.
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FIDO Authentication Market Dynamics:
Drivers of the FIDO Authentication Market
Growing Security Concerns: Because traditional password-based authentication techniques have security weaknesses, there are more instances of data breaches and identity theft. These incidents have brought to light the weaknesses in password-based systems, necessitating the adoption of better authentication protocols by enterprises. Passwords can be replaced with the public key cryptography-based FIDO Authentication system, which is much more secure and improves user data security.
FIDO Authentication Market Segmentation:
By Deployment
• On-Premise Deployment
• Cloud-Based Deployment
By Organization Size
• Small And Medium-Sized Businesses (SMEs)
• Large Enterprises
By Vertical
• Banking And Finance
• Healthcare
• Government And Defense
• E-Commerce
• IT And Telecommunications
By Authentication Type
• Password-less Authentication
• Biometric Authentication
• Hardware Token-Based Authentication
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FIDO Authentication Market Key Players: the key players are
North America:
• Google (United States)
• Microsoft Corporation (United States)
• Amazon Web Services (United States)
• Yubico (United States)
• Duo Security (United States)
Europe:
• Gemalto (Netherlands)
• HID Global Corporation (Ireland)
• Thales Group (France)
• Idemia (France)
• Ubisecure (Finland)
Asia Pacific:
• NEC Corporation (Japan)
• Fujitsu Limited (Japan)
• Samsung Electronics (South Korea)
• Tencent Holdings Limited (China)
• Ant Financial Services Group (China)
South America:
• Softex (Brazil)
• Neurotech (Brazil)
• Token One (Argentina)
• Tivit (Brazil)
Middle East and Africa:
• Vodacom Group Limited (South Africa)
• EOH Holdings (South Africa)
• Touché (United Arab Emirates)
• Digital Factors (United Arab Emirates)
• Mobikey (South Africa)
FIDO Authentication Market Regional Analysis:
The geographical segment of the Family/Indoor Entertainment Centers market study also includes individual market influencing factors and changes in market legislation that effect current and future market trends. Some of the main factors used to forecast market conditions for specific countries are consumption quantities, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis.
COVID-19 Impact Analysis on FIDO Authentication Market:
The report also includes COVID-19 impact on Family/Indoor Entertainment Centers market.
Key Questions Answered in the FIDO Authentication Market Report are:
- What will be the CAGR of the Family/Indoor Entertainment Centers market during the forecast period (2023-2029)?
- Which segment emerged as the leading segment in the Family/Indoor Entertainment Centers market in 2022?
- Which are the key players in the Family/Indoor Entertainment Centers market?
- What key trends are likely to emerge in the Family/Indoor Entertainment Centers market in the forecast period?
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