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Hardware OTP Token Authentication Market by Type (Connected, Contactless, Disconnected), End-User (Banking, Financial Services & Insurance, Enterprise Security, Government) - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 191 Pages
SKU # IRE18444220

Description

Hardware OTP Token Authentication Market by Type (Connected, Contactless, Disconnected), End-User (Banking, Financial Services & Insurance, Enterprise Security, Government) - Global Forecast 2024-2030


The Hardware OTP Token Authentication Market size was estimated at USD 2.94 billion in 2023 and expected to reach USD 3.41 billion in 2024, at a CAGR 16.19% to reach USD 8.41 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Hardware OTP Token Authentication Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Hardware OTP Token Authentication Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Hardware OTP Token Authentication Market, highlighting leading vendors and their innovative profiles. These include BIO-key International, Broadcom Corporation, Deepnet Security Ltd., Dell Technologies Inc., Entrust Datacard Corporation, Feitian Technologies Co., Ltd., Fortinet, Inc., HID Global, ID Control, Microcosm Ltd., Nexus Group, NortonLifeLock Inc., One Identity LLC, OneLogin, Inc., OneSpan, RSA Security LLC, SecureMetric Technology, SurepassID Corp., Thales Group, and Yubico AB.

Market Segmentation & Coverage



This research report categorizes the Hardware OTP Token Authentication Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Connected
Contactless
Disconnected
End-User
Banking, Financial Services & Insurance
Enterprise Security
Government
Healthcare
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Hardware OTP Token Authentication Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Hardware OTP Token Authentication Market?
3. What are the technology trends and regulatory frameworks in the Hardware OTP Token Authentication Market?
4. What is the market share of the leading vendors in the Hardware OTP Token Authentication Market?
5. Which modes and strategic moves are suitable for entering the Hardware OTP Token Authentication Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

191 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Hardware OTP Token Authentication Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing Cyber Attacks and Need for Robust Authentication System
5.1.1.2. Rising Number of Online Transactions
5.1.1.3. Increasing Investments from BFSI Sector
5.1.2. Restraints
5.1.2.1. Major Shift Towards Biometric Authentication
5.1.3. Opportunities
5.1.3.1. Upsurging Advancements in Hardware OTP Token Authentication Devices
5.1.3.2. Rising Demand from Multi-Factor Authentication from Enterprises, BFSI, Government, and Healthcare
5.1.4. Challenges
5.1.4.1. Complex Security Infrastructure
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Hardware OTP Token Authentication Market, by Type
6.1. Introduction
6.2. Connected
6.3. Contactless
6.4. Disconnected
7. Hardware OTP Token Authentication Market, by End-User
7.1. Introduction
7.2. Banking, Financial Services & Insurance
7.3. Enterprise Security
7.4. Government
7.5. Healthcare
8. Americas Hardware OTP Token Authentication Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Hardware OTP Token Authentication Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Hardware OTP Token Authentication Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. BIO-key International
12.1.2. Broadcom Corporation
12.1.3. Deepnet Security Ltd.
12.1.4. Dell Technologies Inc.
12.1.5. Entrust Datacard Corporation
12.1.6. Feitian Technologies Co., Ltd.
12.1.7. Fortinet, Inc.
12.1.8. HID Global
12.1.9. ID Control
12.1.10. Microcosm Ltd.
12.1.11. Nexus Group
12.1.12. NortonLifeLock Inc.
12.1.13. One Identity LLC
12.1.14. OneLogin, Inc.
12.1.15. OneSpan
12.1.16. RSA Security LLC
12.1.17. SecureMetric Technology
12.1.18. SurepassID Corp.
12.1.19. Thales Group
12.1.20. Yubico AB
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. HARDWARE OTP TOKEN AUTHENTICATION MARKET RESEARCH PROCESS
FIGURE 2. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, 2023 VS 2030
FIGURE 3. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. HARDWARE OTP TOKEN AUTHENTICATION MARKET DYNAMICS
FIGURE 7. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA HARDWARE OTP TOKEN AUTHENTICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. HARDWARE OTP TOKEN AUTHENTICATION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. HARDWARE OTP TOKEN AUTHENTICATION MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
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