Authentication Services Market by Service (Compliance Management, Subscription Keys Management, Managed Public Key Infrastructure, and Reporting), Managed Authentication Type, Managed Tokenization Type, Vertical, and Region
Pune, India -- (SBWIRE) -- 03/07/2018 -- The Authentication Services Market to Grow steadily at a CAGR of +21% during the forecast period.
The major drivers of the authentication services market are an increasing number of digital identities and stringent data security compliances, such as PCI DSS, and HIPAA. The major restraining factor is the increasing number of data breaches in virtual server. Factors such as growing number of digital identities, increase in number of online transactions and stringent data security regulations are responsible for the growth of Authentication Services Market. The eCommerce vertical is expected to grow at the highest CAGR during the forecast period. The vertical deals with the sale of consumer products and services to its clients through multiple channels.
This market research report delves deep into the Global Authentication Services Market. It highlights the recent market scenario, growth in the past few years, and opportunities for manufacturers in the future. The research methods and tools used in the completion of this study are both primary and secondary research. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.
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Companies Profiled in this report includes Ideal Networks, Fluke Networks, Tempo, Amprobe, Chesilvale, Cinch Connectors, Greenlee, Paladin, Quest Technology, RS Pro, Silfox, Thomas & Betts.
The multi-factor authentication (MFA) segment is expected to hold the largest market share during the forecast period. Due to the increasing incidents of cyber-attacks and identity theft, organizations are implementing two-factor authentication. MFA provides a high degree of security, which ensures confidentiality of personal information. This is superior to the traditional one-factor username and passwords/PINs, as these are easily hacked by cyber-attackers. Organizations are implementing MFA to meet regulatory compliances, and strengthening their data and endpoint security.
For a detailed competitive analysis, the Global Authentication Services Market is segmented on the basis of region, application, and product type. By region, the global sales market is divided into Asia-pacific, Europe, Latin America, the Middle East and Africa, and North America. Major industries are concentrating on distributing their products and services across various provinces.
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An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Authentication Services market.
The Global Authentication Services Market is a highly fragmented, niche market with the presence of a massive number of vendors. Providers in the market compete based on pricing, innovation, service, reputation, distribution, and promotion. As the market is still in its development stage, small vendors with innovative solutions have the chances of being acquired by large players in the market.
To conclude, contemplation of the noteworthy enactment of the Global Authentication Services Market is driven by various analysis tools and wide ranging research reports. Citations are engaged to mount clear results and validate them.
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Table of Contents
Global Authentication Services Market Research Report 2018
Chapter 1 Global Authentication Services Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast