Global Authentication Services Market Forecast Report 2023-2030: A Review of Data Protection Laws by Country

DUBLIN, Nov. 9, 2023 /PRNewswire/ — The “Authentication Services – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Authentication Services estimated at US$837.1 Million in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 19.7% over the analysis period 2022-2030.

Compliance Management, one of the segments analyzed in the report, is projected to record a 19.4% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Subscription Keys Management segment is readjusted to a revised 20.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $244.9 Million, While China is Forecast to Grow at 18.9% CAGR

The Authentication Services market in the U.S. is estimated at US$244.9 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$603.4 Million by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 16.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.

Select Competitors Featured in the Report:

Bell CanadaEntrust Datacard CorporationGemalto NVGlobal Cloud Xchange Group Ltd.Interoute Communications Ltd.Tata Communications Ltd.Trustwave Holdings, Inc.Verizon Communications, Inc.Wipro Ltd.

MARKET TRENDS & DRIVERS

Rapid Increase in Number of Digital Identities: Need for Authentication ServicesIdentity Authentication and Fraud Solutions Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024With Digital Identities on the Rise, Threat of Identity Fraud/Threat Increases, Giving Impetus to the Market for Authentication ServicesIdentity Theft Statistics: In a NutshellNumber of Identity Fraud Victims (in Millions) and Fraud Losses (in US$ Billion) in the US for the Period 2012-2017Number of Identity Theft Complaints in the US for 2015-2018Identity Theft Complaints in the US by Nature of Crime for 2018Leading Canadian Banks Unveil Blockchain-Based Digital Identity ServiceA Glance at Popular Authentication TechnologiesAdoption of Stringent Data Security Regulations Worldwide Enhance Demand for Authentication ServicesA Review of Data Protection Laws by CountryGDPR: The Most Significant Data Protection Regulation Set to Transform Digital AuthenticationTwo-Factor Authentication: Ideal for Complying with GDPR RequirementsMulti-Factor Authentication Services Market: An OverviewGlobal Multi-Factor Authentication Market: Percentage Breakdown of Revenues by Application for 2019A Review of Select Multi-Factor Authentication SoftwareCloud-based Multi-Factor Authentication Continues to EvolveMulti-Factor Authentication Helps in Strengthening Cloud App SecurityTwo-Factor Authentication: Offering Additional Layer of SecurityDigitalization and Virtualization in SMBs Drive Demand for Two-Factor AuthenticationA Glance at Select Two-Factor Authentication Solutions and HardwareHighly Regulated Industries Turn to Security Tokens for Higher Level of SecurityHard Tokens VS Soft TokensIncreasing Number of Mobile Devices with Integrated Biometric Sensors: Potential Growth for Authentication Services MarketGlobal Biometric Smartphones Market: Shipments of Smartphones with Biometrics Technology as % of Total Smartphones for the Period 2017-2021Global Mobile Biometrics Market Size in US$ Billion for the Years 2018, 2020, 2022 and 2024Mobile Devices User Authentication Services: A Promising MarketIncreasing Rate of Online Frauds and Cyber Attacks Drive Demand for Mobile Devices User Authentication ServicesContinuous Increase in Mobile Fraud: Fraud Transactions on Mobile Devices as % of Total Fraud Transactions for 2015-2019Mobile Authentication Opportunity in China: An OverviewManaged Public Key Infrastructure Services: Enabling Strong Authentication of Digital IdentitiesCompliance Management Services: Vital Part of Security AdministrationStrong Authentication Essential for PCI DSS ComplianceMFA Helps U.S. Government Contractors to Achieve DFARS ComplianceHIPAA Compliance: Two Factor Authentication Holds SignificanceBFSI: A Prominent Major End-Use Market for Authentication ServicesBiometrics Adoptions Gains Momentum in Banking & Financial Services IndustryPublic Sector Organizations Increasingly Opt for Multi-Factor Authentication ServicesRapid Growth of eCommerce Sector: Lucrative Opportunities in Store for Authentication Services MarketGlobal Retail E-Commerce Sales in US$ Billion for the Years 2017, 2019, 2021 and 2023Mobile Authentication: Enabling eCommerce Market to Increase Consumer ConfidenceBig Data Aids in Strengthening Authentication ProcessInnovations & AdvancementsSymbol-to-Accept: Latest Innovation in the Mobile Authentication SpaceBiometric Innovations Favoring Mobile Payments MarketInnovations in Biometric Authentication Field: A SnapshotAdvent of Offline Alternative Option for Aadhaar-based Biometric AuthenticationPersonal Authentication Technology: A Review of Select InnovationsSilent Authentication: Potential for Adoption in eCommerce MarketAuthentication Technology Advancements Aid in Safer TransactionsReal-time Captcha Technique Plays a Critical Role in Improving Biometric Authentication

For more information about this report visit https://www.researchandmarkets.com/r/fmye0z

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