FIDO Authentication Market Research 2022-30
The rapid shift towards password less authentication and other major driving factors is expected to favor the rise in the global FIDO authentication market Reports and Insights has published a new report titled, “FIDO Authentication Market: Opportunity Analysis and Future Assessment 2020-2028” Global FIDO Authentication Market, By Offering (Authentication Devices, Biometrics (Fingerprint, Voice And Facial Recognition, Iris Scanner), Trusted Platform Modules (TPM), USB Security Tokens, Embedded Secure Elements (ESE), Smart Cards, Near Field Communication (NFC)), FIDO Authentication SDKs (FIDO Client SDK, FIDO Server SDK), Services (Technology Consulting, Integration & Deployment, FIDO Certification Services, Support Services)), By Application (Payment Processing, PKI/Credential Management, Document Signing, User Authentication, Others), By End Use Industries (BFSI (Commercial Banks, Insurance Companies, Non-Banking Financial Companies, Cooperatives, Others), Healthcare & Life Sciences, IT & Telecom, Retail & CPG, Government & Defense, Energy & Utilities, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028. The global FIDO Authentication market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%. FIDO authentication, which stands for Fast Identity Online, can be understood as the set of standards for simple, fast, robust authentication. These standards are established by the FIDO Alliance, an industry affiliation with representatives from an array of organizations comprising Microsoft, Google, Yubico, and Mozilla. The standards allow passwordless, phishing-resistant, and multi-level authentication. They enhance online UX by making a robust authentication simpler to carry out and utilize. Some of the web's most widely known apps and tools are beforehand using FIDO authentication, in particular Dropbox, Google Accounts, Twitter, GitHub, and Yahoo Japan. The latest Fast Identity Online (FIDO) standard strengthens the safety of online identity authentication systems on web applications and mobile devices. Its major purpose is to substitute the scoop usage of passwords with greater safer biometric authentication mechanisms that are safeguarded by encryption systems. Owing to which, FIDO authentication is gaining applications in several fields, including BFSI (Banking, Financial Services and Insurance), government, and retail sectors across the world, which is projected to offer major breakthroughs to the global FIDO authentication market over the years. Download a sample Report Furthermore, the expeditious shift towards passwordless authentication as well as soaring applications of contactless biometric technology are further prevailing as major trends in the FIDO authentication market. Thus, the FIDO authentication market is estimated to witness significant growth in the coming years. Reports and Insights Study identifies some of the key participating players in the FIDO Authentication market globally are Aware, Inc., Thales Security, Cardcontact Systems GmbH, Daon, Futurex, Huawei Device Co., Ltd., HYPR Group, LoginID, Movenda, OneSpan, RSA Security LLC, Swift, Ultra Electronics, Utimaco GmbH, Yubico, among others. About Reports and Insights Reports and Insights is one of the leading market research companies which offers syndicate and consulting research around the globe. At Reports and Insights we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with a strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market. Contact Us Reports and Insights Tel: +1-(718)-312-8686 For Sales Query: sales@reportsandinsights.com For New Topics & Other Info: info@reportsandinsights.com Website: https://reportsandinsights.com