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

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

Risk-based authentication is a non-static authentication system which takes into account the profile of the agent requesting access to the system to determine the risk profile associated with that transaction. The risk profile is then used to determine the complexity of the challenge. Higher risk profiles leads to stronger challenges, whereas a static username/password may suffice for lower-risk profiles. Risk-based implementation allows the application to challenge the user for additional credentials only when the risk level is appropriate.The others segment includes Education, Media and Entertainment, and Transportation and Logistics.

LPI (LP Information)' newest research report, the “Risk-based Authentication Industry Forecast” looks at past sales and reviews total world Risk-based Authentication sales in 2022, providing a comprehensive analysis by region and market sector of projected Risk-based Authentication sales for 2023 through 2029. With Risk-based Authentication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Risk-based Authentication industry.

This Insight Report provides a comprehensive analysis of the global Risk-based Authentication 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 Risk-based Authentication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Risk-based Authentication market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Risk-based Authentication 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 Risk-based Authentication.

The global Risk-based Authentication market size is projected to grow from US$ 2022.2 million in 2022 to US$ 4372.6 million in 2029; it is expected to grow at a CAGR of 11.6% from 2023 to 2029.

United States market for Risk-based Authentication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Risk-based Authentication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Risk-based Authentication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Risk-based Authentication players cover IBM, Broadcom, Micro Focus, Okta, Gemalto, Vasco Data Security, Secureauth, Rsa Security and Entrust Datacard, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Cloud Authentication
On-premises Authentication

Segmentation by application
Banking, Financial Services and Insurance(BFSI)
Government
Healthcare
Manufacturing
Retail
Telecommunication
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
Broadcom
Micro Focus
Okta
Gemalto
Vasco Data Security
Secureauth
Rsa Security
Entrust Datacard
Lexisnexis
Gurucul
Equifax
Ping Identity
Forgerock

Please note: The report will take approximately 2 business days to prepare and deliver.