At the moment, a few big companies like Yubico, Google, Microsoft, and Samsung control most of the market.
Fido Authentication Market Value and CAGR
Fido (Fast Identity Online) is a set of open standards for strong authentication that enables users to log in to websites and other online services using biometric data, such as fingerprints or facial recognition, or a security key, rather than a password.
The global FIDO Authentication market was worth USD 1444.54 million in 2022 and is expected to grow at an 18.45% CAGR during the forecast period, reaching USD 3943.75 million by 2028. The FIDO Authentication market covering all of its essential aspects.
The report also introduces industry players in terms of market share, concentration ratio, and so on, and describes the leading companies in detail, so that readers can get a better idea of their competitors and gain an in-depth understanding of the competitive situation. Additionally, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will be taken into account.
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Fido Authentication Market Growth Drivers and Risks
Several factors are propelling the growth of the Fido authentication market: Concerns about data security and privacy are growing: As cyber threats evolve and become more sophisticated, there is an increasing demand for strong authentication methods that can protect sensitive data and prevent unauthorized access. Fido authentication provides a safe and convenient alternative to traditional passwords, which are frequently weak and easily guessable or stolen. Smartphones have become the primary device for connecting to the internet, and they are equipped with biometric sensors that can be used for Fido authentication. This has made it simpler for organizations to implement Fido authentication and for users to access online services using biometric data.
There are some risks and challenges to the growth of the Fido authentication market as well: Cost: Implementing Fido authentication can be costly because it necessitates the deployment of hardware and software components as well as user training. This could be a problem for small and medium-sized businesses. Fido authentication may not be supported by all devices and platforms, which may limit its adoption.
Fido Authentication Market Key players
Aware Inc., OneSpan, HYPR Corp, Yubico, Daon, Thales Group, RSA Security LLC, Movenda are some of the major key players.
Fido Authentication Market Segmentations
By Component
By Application
By Vertical
Table of content
1 . PREFACE
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . FIDO AUTHENTICATION – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
TOC to be continued…
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Mar 13, 2023
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