Global Authentication Software Market Growth (Status and Outlook) 2023-2029

Global Authentication Software Market Growth (Status and Outlook) 2023-2029

Product Code:455498

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Service & Software

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Authentication software includes software for authentication of users and stores identification data (data allowing to identify a person such as username and password and the like). There are three common factors used for authentication: Something you know (such as a password) something you have (such as a smart card) something you are (such as a fingerprint or other biometric method)
LPI (LP Information)' newest research report, the “Authentication Software Industry Forecast” looks at past sales and reviews total world Authentication Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Authentication Software sales for 2023 through 2029. With Authentication Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Authentication Software industry.

This Insight Report provides a comprehensive analysis of the global Authentication Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Authentication Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Authentication Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Authentication Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Authentication Software.

The global Authentication Software market size is projected to grow from US$ 14600 million in 2022 to US$ 47790 million in 2029; it is expected to grow at a CAGR of 18.5% from 2023 to 2029.

Global Authentication Software key players include IBM, Gemalto, Entrust Datacard, IDEMIA, Symantec Corporation, etc. Global top five manufacturers hold a share about 25%.

United States is the largest market, with a share about 35%, followed by Europe and China, both have a share about 45 percent. 
In terms of product, Two Factor Authentication is the largest segment, with a share over 65%. And in terms of application, the largest application is BFSI, followed by IT and Telecomm.

This report presents a comprehensive overview, market shares, and growth opportunities of Authentication Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Two Factor Authentication
    Multi Factor Authentication
    Single Factor Authentication

Segmentation by application
    BFSI
    IT and Telecomm
    Healthcare
    Government
    Defense and Surveillance
    Consumer Electronics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    IBM
    JumpCloud
    Gemalto
    Broadcom
    Entrust Datacard
    Avatier
    RSA Security
    HID Global
    TrustBuilder
    Duo Security (Cisco)
    Specops Software
    eMudhra
    inWebo Technologies
    RCDevs
    REVE Secure
    Veridium
    IDEMIA
    OneSpan
    Symantec Corporation