Risk-based Authentication Market Updates by 2031
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.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
1 INTRODUCTION
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2 KEY TAKEAWAYS
3 RISK-BASED AUTHENTICATION MARKET LANDSCAPE
3.1 OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Risk-based Authentication Market - By Component
3.2.2 Risk-based Authentication Market - By Deployment Model
3.2.3 Risk-based Authentication Market - By Technology
3.2.4 Risk-based Authentication Market - By Security Policy
3.2.5 Risk-based Authentication Market - By Application
3.2.6 Risk-based Authentication Market - By End Users
3.2.7 Risk-based Authentication Market - By Region
3.2.7.1 By Countries
3.2.8 PEST Analysis
3.2.8.1 North America - PEST Analysis
3.2.8.2 Europe - PEST Analysis
3.2.8.3 Asia Pacific (APAC) - PEST Analysis
3.2.8.4 Middle East & Africa (MEA) - PEST Analysis
3.2.8.5 South America (SAM)- PEST Analysis
4 RISK-BASED AUTHENTICATION MARKET - KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.2 KEY MARKET RESTRAINTS
4.3 KEY MARKET OPPORTUNITIES
4.4 FUTURE TRENDS
4.5 IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
5 RISK-BASED AUTHENTICATION MARKET - GLOBAL MARKET ANALYSIS
5.1 RISK-BASED AUTHENTICATION - GLOBAL MARKET OVERVIEW
5.2 RISK-BASED AUTHENTICATION - GLOBAL MARKET AND FORECAST TO 2028
6 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - COMPONENT
6.1 OVERVIEW
6.2 COMPONENT MARKET FORECASTS AND ANALYSIS
6.3 SOLUTION MARKET
6.3.1 Overview
6.3.2 Solution market forecast and analysis
6.4 SERVICES MARKET
6.4.1 Overview
6.4.2 Services market forecast and analysis
7 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
7.1 OVERVIEW
7.2 DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
7.3 ON-PREMISE MARKET
7.3.1 Overview
7.3.2 On-Premise market forecast and analysis
7.4 CLOUD MARKET
7.4.1 Overview
7.4.2 Cloud market forecast and analysis
8 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1 OVERVIEW
8.2 TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3 BEHAVIORAL BIOMETRICS MARKET
8.3.1 Overview
8.3.2 Behavioral Biometrics market forecast and analysis
8.4 MULTI-FACTOR AUTHENTICATION MARKET
8.4.1 Overview
8.4.2 Multi-Factor Authentication market forecast and analysis
8.5 WEB ACCESS MANAGEMENT MARKET
8.5.1 Overview
8.5.2 Web Access Management market forecast and analysis
9 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - SECURITY POLICY
9.1 OVERVIEW
9.2 SECURITY POLICY MARKET FORECASTS AND ANALYSIS
9.3 DEVICE-BASED POLICIES MARKET
9.3.1 Overview
9.3.2 Device-Based Policies market forecast and analysis
9.4 BEHAVIOR-BASED POLICIES MARKET
9.4.1 Overview
9.4.2 Behavior-Based Policies market forecast and analysis
9.5 RESOURCE-BASED POLICIES MARKET
9.5.1 Overview
9.5.2 Resource-Based Policies market forecast and analysis
9.6 ATTRIBUTE-BASED POLICIES MARKET
9.6.1 Overview
9.6.2 Attribute-Based Policies market forecast and analysis
9.7 NETWORK AND BROWSER-BASED POLICIES MARKET
9.7.1 Overview
9.7.2 Network and Browser-Based Policies market forecast and analysis
10 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1 OVERVIEW
10.2 APPLICATION MARKET FORECASTS AND ANALYSIS
10.3 CLOUD APPLICATION SECURITY MARKET
10.3.1 Overview
10.3.2 Cloud Application Security market forecast and analysis
10.4 IOT SECURITY MARKET
10.4.1 Overview
10.4.2 IoT Security market forecast and analysis
10.5 FRAUD PREVENTION MARKET
10.5.1 Overview
10.5.2 Fraud Prevention market forecast and analysis
10.6 OTHERS MARKET
10.6.1 Overview
10.6.2 Others market forecast and analysis
11 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - END USERS
11.1 OVERVIEW
11.2 END USERS MARKET FORECASTS AND ANALYSIS
11.3 BFSI MARKET
11.3.1 Overview
11.3.2 BFSI market forecast and analysis
11.4 HEALTHCARE MARKET
11.4.1 Overview
11.4.2 Healthcare market forecast and analysis
11.5 TELECOMMUNICATIONS MARKET
11.5.1 Overview
11.5.2 Telecommunications market forecast and analysis
11.6 RETAIL MARKET
11.6.1 Overview
11.6.2 Retail market forecast and analysis
11.7 GOVERNMENT MARKET
11.7.1 Overview
11.7.2 Government market forecast and analysis
11.8 MANUFACTURING MARKET
11.8.1 Overview
11.8.2 Manufacturing market forecast and analysis
11.9 OTHERS MARKET
11.9.1 Overview
11.9.2 Others market forecast and analysis
12 RISK-BASED AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1 NORTH AMERICA
12.1.1 North America Risk-based Authentication Market Overview
12.1.2 North America Risk-based Authentication Market Forecasts and Analysis
12.1.3 North America Market Forecasts and Analysis - By Countries
12.1.3.1 US market
12.1.3.2 Canada market
12.1.3.3 Mexico market
12.1.4 North America Market Forecasts and Analysis - By Component
12.1.5 North America Market Forecasts and Analysis - By Deployment Model
12.1.6 North America Market Forecasts and Analysis - By Technology
12.1.7 North America Market Forecasts and Analysis - By Security Policy
12.1.8 North America Market Forecasts and Analysis - By Application
12.1.9 North America Market Forecasts and Analysis - By End Users
12.2 EUROPE
12.2.1 Europe Risk-based Authentication Market Overview
12.2.2 Europe Risk-based Authentication Market Forecasts and Analysis
12.2.3 Europe Market Forecasts and Analysis - By Countries
12.2.3.1 France market
12.2.3.2 Germany market
12.2.3.3 Italy market
12.2.3.4 Spain market
12.2.3.5 UK market
12.2.3.6 Rest of Europe market
12.2.4 Europe Market Forecasts and Analysis - By Component
12.2.5 Europe Market Forecasts and Analysis - By Deployment Model
12.2.6 Europe Market Forecasts and Analysis - By Technology
12.2.7 Europe Market Forecasts and Analysis - By Security Policy
12.2.8 Europe Market Forecasts and Analysis - By Application
12.2.9 Europe Market Forecasts and Analysis - By End Users
12.3 ASIA PACIFIC (APAC)
12.3.1 Asia Pacific Risk-based Authentication Market Overview
12.3.2 Asia Pacific Risk-based Authentication Market Forecasts and Analysis
12.3.3 Asia Pacific Market Forecasts and Analysis - By Countries
12.3.3.1 Australia market
12.3.3.2 China market
12.3.3.3 India market
12.3.3.4 Japan market
12.3.3.5 Rest of APAC market
12.3.4 Asia Pacific Market Forecasts and Analysis - By Component
12.3.5 Asia Pacific Market Forecasts and Analysis - By Deployment Model
12.3.6 Asia Pacific Market Forecasts and Analysis - By Technology
12.3.7 Asia Pacific Market Forecasts and Analysis - By Security Policy
12.3.8 Asia Pacific Market Forecasts and Analysis - By Application
12.3.9 Asia Pacific Market Forecasts and Analysis - By End Users
12.4 MIDDLE EAST AND AFRICA (MEA)
12.4.1 Middle East and Africa Risk-based Authentication Market Overview
12.4.2 Middle East and Africa Risk-based Authentication Market Forecasts and Analysis
12.4.3 Middle East and Africa Market Forecasts and Analysis - By Countries
12.4.3.1 South Africa market
12.4.3.2 Saudi Arabia market
12.4.3.3 UAE market
12.4.3.4 Rest of MEA market
12.4.4 Middle East and Africa Market Forecasts and Analysis - By Component
12.4.5 Middle East and Africa Market Forecasts and Analysis - By Deployment Model
12.4.6 Middle East and Africa Market Forecasts and Analysis - By Technology
12.4.7 Middle East and Africa Market Forecasts and Analysis - By Security Policy
12.4.8 Middle East and Africa Market Forecasts and Analysis - By Application
12.4.9 Middle East and Africa Market Forecasts and Analysis - By End Users
12.5 SOUTH AMERICA (SAM)
12.5.1 South America Risk-based Authentication Market Overview
12.5.2 South America Risk-based Authentication Market Forecasts and Analysis
12.5.3 South America Market Forecasts and Analysis - By Countries
12.5.3.1 Brazil market
12.5.3.2 Rest of SAM market
12.5.4 South America Market Forecasts and Analysis - By Component
12.5.5 South America Market Forecasts and Analysis - By Deployment Model
12.5.6 South America Market Forecasts and Analysis - By Technology
12.5.7 South America Market Forecasts and Analysis - By Security Policy
12.5.8 South America Market Forecasts and Analysis - By Application
12.5.9 South America Market Forecasts and Analysis - By End Users
13 INDUSTRY LANDSCAPE
13.1 MERGERS & ACQUISITIONS
13.2 MARKET INITIATIVES
13.3 NEW DEVELOPMENTS
13.4 INVESTMENT SCENARIOS
14 COMPETITIVE LANDSCAPE
14.1 COMPETITIVE PRODUCT MAPPING
14.2 MARKET POSITIONING/ MARKET SHARE
15 RISK-BASED AUTHENTICATION MARKET, KEY COMPANY PROFILES
15.1 CROSSMATCH
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Financial Overview
15.1.4 SWOT Analysis
15.1.5 Key Developments
15.2 IBM CORPORATION
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Financial Overview
15.2.4 SWOT Analysis
15.2.5 Key Developments
15.3 ORACLE CORPORATION
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Financial Overview
15.3.4 SWOT Analysis
15.3.5 Key Developments
15.4 GURUCUL
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Financial Overview
15.4.4 SWOT Analysis
15.4.5 Key Developments
15.5 MICRO FOCUS INTERNATIONAL PLC
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Financial Overview
15.5.4 SWOT Analysis
15.5.5 Key Developments
15.6 EQUIFAX INC.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Financial Overview
15.6.4 SWOT Analysis
15.6.5 Key Developments
15.7 GEMALTO N.V.
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Financial Overview
15.7.4 SWOT Analysis
15.7.5 Key Developments
15.8 RSA SECURITY LLC
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Financial Overview
15.8.4 SWOT Analysis
15.8.5 Key Developments
15.9 PING IDENTITY
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Financial Overview
15.9.4 SWOT Analysis
15.9.5 Key Developments
15.10 CA TECHNOLOGIES
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Financial Overview
15.10.4 SWOT Analysis
15.10.5 Key Developments
16 APPENDIX
16.1 About The Insight Partners
16.2 Glossary of Terms
16.3 Research Methodology
1. Crossmatch
2. IBM Corporation
3. Oracle corporation
4. GURUCUL
5. Micro Focus International Plc
6. Equifax Inc.
7. Gemalto N.V.
8. RSA Security LLC
9. Ping Identity
10. CA Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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