FIDO Authentication Market Top Manufacturers, Sales Revenue, Trends, Size, Top Leaders, Future Scope and Outlook 2029


Posted September 15, 2023 by Bharatikhade96

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 research report explores and evaluates the market's position during the predicted period. It is in-depth study focusing on fundamental and secondary drivers, market share, leading segments, and geographical analysis. The research also looks at notable individuals, large collaborations, mergers and acquisitions, as well as contemporary innovation and corporate strategy.

FIDO Authentication Market Scope:

We examined the FIDO Authentication Market from every angle conceivable, including both primary and secondary research approaches. This improved our grasp of current market dynamics, such as supply-demand imbalances, pricing trends, product preferences, and customer behaviours. Following that, the data is collated and evaluated using a variety of market estimation and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.

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Significant primary research was conducted to gather data to verify and validate key figures after market engineering, which included market statistics, market size estimates, market projections, market breakdowns, and data triangulation, was finished. Top-down and bottom-up strategies, as well as other data triangulation techniques, were frequently used throughout the market engineering process to conduct market estimating and forecasting for the overall market segments and sub-segments detailed in this research. All data gathered during the market engineering process are subjected to extensive qualitative and quantitative analysis in order to give crucial information throughout the report.

FIDO Authentication Market Dynamics:

Market Drivers

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:

Primary research is used to estimate market revenue, while secondary research is utilized to identify industry leaders. As part of the primary study, extensive interviews with significant thought leaders and industry professionals, including seasoned front-line staff and marketing personnel, were undertaken. The main study includes in-depth interviews with influential thought leaders and subject matter experts, including CEOs, marketing professionals, and seasoned front-line workers. As a part of the primary study, extensive interviews with significant thought leaders and business experts, including CEOs and marketing employees, were performed. The following players are highlighted in this report:


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 study covers both qualitative and quantitative data and offers a comprehensive look into the FIDO Authentication industrial sector by area. It gives an overview and forecast of the worldwide FIDO Authentication market by segment. It also forecasts and predicts market sizes for five important regions between 2021 and 2027: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Each area's FIDO Authentication market is further subdivided into regions and sectors. The research examines and forecasts a wide range of countries, as well as existing industry trends and prospects.

COVID-19 Impact Analysis on FIDO Authentication Market:

We investigated and analyzed the Global FIDO Authentication Business Expansion Strategy post-COVID-19, using organisational strategic analysis, landscape, category, utilization, and leading countries to encapsulate and analyze the global FIDO Authentication industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The fundamental purpose of the research is to offer industrial firms a strategic analysis of the impact of COVID-19. Simultaneously, this study assessed significant countries' markets and highlighted their market potential in post-pandemic scenarios.

Key Questions Answered in the FIDO Authentication Market Report are:

Which product categories, End Users, and Regions provide the most potential high-growth possibilities in the worldwide FIDO Authentication sector?
Which FIDO Authentication market categories will grow the most rapidly, and why?
Which regions will have the most rapid development, and why?
What are the main factors impacting FIDO Authentication market dynamics? What are the main drivers and challenges in the FIDO Authentication market?
What are the FIDO Authentication market's vulnerabilities and threats?

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Issued By Bharati khade
Country United States
Categories Industry , Technology , Telecom
Tags fido authentication market size , fido authentication market growth , fido authentication market overview , fido authentication market analysis
Last Updated September 15, 2023