Market Research Report
Risk-based Authentication - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||755114|
|Published||Content info||151 Pages
Delivery time: 1-2 business days
|Risk-based Authentication - Global Market Outlook (2017-2026)|
|Published: November 1, 2018||Content info: 151 Pages||
According to Stratistics MRC, the Global Risk-based Authentication market is accounted for $1.73 billion in 2017 and is expected to reach $9.16 billion by 2026 growing at a CAGR of 20.3%. Some of the factors influencing the market growth are increasing demand for mobility services and rising instances of cyber attacks. However, lack of knowledge about risk-based authentication results and budget restrictions among SMEs are hampering the market growth.
Risk-based authentication (RBA) is a method of applying varying levels of stringency to authentication processes based on the likelihood that access to a given system could result in its being compromised. RBA strengthens RSA Secure ID authentication and traditional password-based authentication. It is easy to manage and maintain.
Based on end user, retail segment commanded significant market share during the predicted period due to growing e-commerce, mergers, acquisitions and partnerships growth strategy in the retail industry. By geography, North America is anticipated to dominate the global market due to the large presence of risk-based authentication solution vendors across the region offering highly innovative authentication solutions. Asia Pacific is anticipated to grow owing to high adoption of risk-based authentication solutions in APAC countries.
Some of the key players in the Risk-based Authentication market include Oracle, IBM, Rsa Security, Forgerock, Identity Automation, Nopassword, Crossmatch, Micro Focus International PLC, Gurucul, Gemalto, Lexisnexis, Okta, Ping Identity, Biocatch, Entrust Datacard, Silverfort, Secureauth, Onelogin, Evidian, Equifax and Ezmcom.
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What our report offers:
Note: Regional Tables for North America, Europe, Asia Pacific, South America, and Middle East & Africa are presented in the same manner above.