Hardware OTP Token Authentication Market Intelligence Report - Global Forecast to 2027

Hardware OTP Token Authentication Market Intelligence Report - Global Forecast to 2027

The Global Hardware OTP Token Authentication Market is projected to reach USD 5,331.99 million by 2027 from USD 2,194.81 million in 2021, at a CAGR 15.94% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Hardware OTP Token Authentication Market size was estimated at USD 782.32 million in 2021 and expected to reach USD 906.78 million in 2022, at a CAGR 16.00% to reach USD 1,906.46 million by 2027.
• The Asia-Pacific Hardware OTP Token Authentication Market size was estimated at USD 580.63 million in 2021 and expected to reach USD 680.39 million in 2022, at a CAGR 16.41% to reach USD 1,445.48 million by 2027.
• The Europe, Middle East & Africa Hardware OTP Token Authentication Market size was estimated at USD 831.84 million in 2021 and expected to reach USD 952.78 million in 2022, at a CAGR 15.55% to reach USD 1,980.04 million by 2027.

Market Segmentation & Coverage:

The report on hardware otp token authentication identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the hardware otp token authentication to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• Connected
• Contactless
• Disconnected

End-User:

• Banking, Financial Services & Insurance
• Enterprise Security
• Government
• Healthcare

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• BIO-key International
• Broadcom Corporation
• Deepnet Security Ltd.
• Dell Technologies Inc.
• Entrust Datacard Corporation
• Feitian Technologies Co., Ltd.
• Fortinet, Inc.
• HID Global
• ID Control
• Microcosm Ltd.
• Nexus Group
• NortonLifeLock Inc.
• One Identity LLC
• OneLogin, Inc.
• OneSpan
• RSA Security LLC
• SecureMetric Technology
• SurepassID Corp.
• Thales Group
• Yubico AB

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 2,194.81 million

Estimated Year Value: USD 2,539.97 million

Forecast Year Value: USD 5,331.99 million

CAGR (%): 15.94%.

Please Note: PDF & Excel + Online Access - 1 Year