Risk-based Authentication Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Risk-based authentication also called as adaptive authentication, is one of an emerging identity and access technology. The technology uses varied factors such as behavior of user, devices, and other variables. This information is used to resolve about the user's intention, i.e., whether it is dangerous or not. Increase in the demand for risk-based authentication among the industries is driven by continuous rise in a number of threats, security breaches, and other illegal events. In addition to this, high usage of BYOD practices in industries is responsible to prosper the risk-based authentication market in the current scenario.
Factor responsible to hinder the growth of risk-based authentication market is limited budget of small enterprises to spend on better security related software which could affect the usage of risk-based authentications. Nevertheless, an exponential increase is observed in the number of internet based application such as connected devices, concept of smart cities, smart grids, and more. Also, adoption of risk-based authentication among the high industry verticals is fueling the demand of the risk-based authentications market with varied growth opportunities in the forthcoming period.

The "Global Risk-based Authentication Market Analysis to 2031" is a specialized and in-depth study of the Risk-based authentication industry with a focus on the global market trend. The report aims to provide an overview of global Risk-based authentication market with detailed market segmentation on the basis of component, deployment model, technology, security policy, application, end users, and geography. The global Risk-based authentication market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Risk-based Authentication market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global risk-based authentication market based on component, deployment model, technology, security policy, application, and end users. It also provides market size and forecast till 2031 for overall Risk-based authentication market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key Risk-based authentication market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are the list of companies for Risk-based authentication market are Crossmatch, IBM Corporation, Oracle corporation, GURUCUL, Micro Focus International Plc, Equifax Inc., Gemalto N.V., RSA Security LLC, Ping Identity, and CA Technologies among others.

Risk-based Authentication Report Scope