Global Advanced Authentication Market 2025-2029

Advanced Authentication Market 2025-2029

The advanced authentication market is forecasted to grow by USD 75579.1 mn during 2024-2029, accelerating at a CAGR of 21.6% during the forecast period. The report on the advanced authentication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing volume of online transactions, high-level security provided by hardware otp tokens, and growing adoption of byod among enterprises.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's advanced authentication market is segmented as below:

By Technology

• Biometrics
• Multi-factor authentication

By Type

• Large enterprise
• SME

By Deployment

• Cloud-based
• On-premises

By End-user

• BFSI
• Healthcare
• Government and defense
• IT and telecom
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the introduction of out-of-band (OOB) authentication as one of the prime reasons driving the advanced authentication market growth during the next few years. Also, emergence of cloud-based mfa and increasing adoption of unified platforms for authentication purposes will lead to sizable demand in the market.

The report on the advanced authentication market covers the following areas:

• Advanced Authentication Market sizing
• Advanced Authentication Market forecast
• Advanced Authentication Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading advanced authentication market vendors that include Atos SE, Beyond Identity Inc., Broadcom Inc., Cisco Systems Inc., Entrust Corp., FEITIAN Technologies Co. Ltd., ForgeRock Inc., Fujitsu Ltd., FusionAuth, Infineon Technologies AG, International Business Machines Corp., Mastercard Inc., Microsoft Corp., NEC Corp., Okta Inc., OneSpan Inc., Open Text Corp., Oracle Corp., Thales Group, and Versasec AB. Also, the advanced authentication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.