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The global FIDO Authentication market size was valued at USD 1720.17 Million in 2022 and will reach USD 4655.49 Million in 2028, with a CAGR of 18.05% during 2022-2028.
The COVID-19 pandemic has brought some impact to the FIDO Authentication industry.
After the COVID-19 outbreak, many countries have adopted strict closure measures and offline activities have decreased. During the COVID-19 outbreak, Internet-based digital technology helped to meet the daily needs of residents, such as shopping, contacting, and seeing a doctor. This has led to a large investment in digital solutions and technologies such as cloud computing, the Internet of Things, artificial intelligence and corporate mobility. With the further development of digital solutions, the demand for security solutions and services will further drive the development of the FIDO Authentication industry.
In addition, due to the global lock-in caused by the COVID-19 outbreak, there are more and more cases of working from home, which has created a demand for the FIDO Authentication market to protect enterprises from remote attacks and advanced persistent threats.
As the global economic turmoil caused by COVID-19 has affected various industries, many industries have been challenged, and it has had a certain degree of impact on the release and marketing strategies of many products, so that many industries and global enterprises are forced to stop and stop. Even shut down its operations. Under the influence of COVID-19, many companies have begun to transform, and their gateways to new applications and revenue streams have continued to expand, creating potential growth opportunities for the FIDO Authentication market.
Political Factors
FIDO Authentication (Fast Online Identity Authentication) refers to a set of open identity authentication standards that use existing technologies for passwordless identity authentication. FIDO Authentication enhances the security of online identity authentication systems on mobile devices and web applications. Political factors play an important role in the FIDO Authentication industry and directly affect the FIDO Authentication industry.
Various countries have different concepts and views on network governance. For example, China and Russia often talk about information security. This network traffic containing information related to various political developments poses a threat to their national security and political stability. Former US President Trump is called the President of Twitter, and he can communicate with millions of people at the push of a button. Although Twitter and other social media platforms promote global connectivity, the use of political leaders makes their security even more important. For example, if Trump’s social media accounts are to be hacked, the information that may be spread may have major and direct consequences globally. In recent years, user information leakage incidents caused by network security are not uncommon. During the 2016 U.S. presidential election, Hillary Clinton's use of private e-mail services to handle official affairs caused controversy. These security vulnerabilities may trigger serious crises. For the sake of national security and political stability, a more secure network environment is a development trend, which drives the development of the FIDO Authentication industry.
Political Factors
FIDO Authentication (Fast Online Identity Authentication) refers to a set of open identity authentication standards that use existing technologies for passwordless identity authentication. FIDO Authentication enhances the security of online identity authentication systems on mobile devices and web applications. Political factors play an important role in the FIDO Authentication industry and directly affect the FIDO Authentication industry.
Various countries have different concepts and views on network governance. For example, China and Russia often talk about information security. This network traffic containing information related to various political developments poses a threat to their national security and political stability. Former US President Trump is called the President of Twitter, and he can communicate with millions of people at the push of a button. Although Twitter and other social media platforms promote global connectivity, the use of political leaders makes their security even more important. For example, if Trump’s social media accounts are to be hacked, the information that may be spread may have major and direct consequences globally. In recent years, user information leakage incidents caused by network security are not uncommon. During the 2016 U.S. presidential election, Hillary Clinton's use of private e-mail services to handle official affairs caused controversy. These security vulnerabilities may trigger serious crises. For the sake of national security and political stability, a more secure network environment is a development trend, which drives the development of the FIDO Authentication industry.
Region Overview:
North America dominated the FIDO Authentication market in 2021, with a market share of 45.78%.
Company Overview:
Yubico is one of the major players operating in the FIDO Authentication market, holding a share of 43.91% in 2021.
Yubico
Yubico's line of business includes providing computer related services and consulting.
Egis Technology Inc.
Egis Technology Inc. provides fingerprint biometrics and data encryption solutions. The Company specializes in integrated turnkey solutions with an emphasis on sensor performance and software usability.
Segmentation Overview:
As for product types, the FIDO Authentication Devices segment held the largest market share in 2021.
Application Overview:
The market's largest segment by application is the segment BFSI, with a market share of 27.09% in 2021.
The FIDO Authentication market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global FIDO Authentication market covered in Chapter 4:
OneSpan
Aware, Inc.
FEITIAN Technologies
Onfido
Daon
Movenda
Thales Security
RSA Security LLC
Egis Technology Inc.
Yubico
Nok Nok Labs, Inc.
HYPR Group
In Chapter 12 and Chapter 14.1, on the basis of types, the FIDO Authentication market from 2018 to 2028 is primarily split into:
FIDO Authentication Devices
FIDO Authentication Services
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the FIDO Authentication market from 2018 to 2028 covers:
BFSI
Healthcare & Life Sciences
Government & Defense
Energy & Utilities
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the FIDO Authentication market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the FIDO Authentication market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides FIDO Authentication industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts FIDO Authentication industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the FIDO Authentication market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight FIDO Authentication market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the FIDO Authentication market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the FIDO Authentication market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
The COVID-19 pandemic has brought some impact to the FIDO Authentication industry.
After the COVID-19 outbreak, many countries have adopted strict closure measures and offline activities have decreased. During the COVID-19 outbreak, Internet-based digital technology helped to meet the daily needs of residents, such as shopping, contacting, and seeing a doctor. This has led to a large investment in digital solutions and technologies such as cloud computing, the Internet of Things, artificial intelligence and corporate mobility. With the further development of digital solutions, the demand for security solutions and services will further drive the development of the FIDO Authentication industry.
In addition, due to the global lock-in caused by the COVID-19 outbreak, there are more and more cases of working from home, which has created a demand for the FIDO Authentication market to protect enterprises from remote attacks and advanced persistent threats.
As the global economic turmoil caused by COVID-19 has affected various industries, many industries have been challenged, and it has had a certain degree of impact on the release and marketing strategies of many products, so that many industries and global enterprises are forced to stop and stop. Even shut down its operations. Under the influence of COVID-19, many companies have begun to transform, and their gateways to new applications and revenue streams have continued to expand, creating potential growth opportunities for the FIDO Authentication market.
Political Factors
FIDO Authentication (Fast Online Identity Authentication) refers to a set of open identity authentication standards that use existing technologies for passwordless identity authentication. FIDO Authentication enhances the security of online identity authentication systems on mobile devices and web applications. Political factors play an important role in the FIDO Authentication industry and directly affect the FIDO Authentication industry.
Various countries have different concepts and views on network governance. For example, China and Russia often talk about information security. This network traffic containing information related to various political developments poses a threat to their national security and political stability. Former US President Trump is called the President of Twitter, and he can communicate with millions of people at the push of a button. Although Twitter and other social media platforms promote global connectivity, the use of political leaders makes their security even more important. For example, if Trump’s social media accounts are to be hacked, the information that may be spread may have major and direct consequences globally. In recent years, user information leakage incidents caused by network security are not uncommon. During the 2016 U.S. presidential election, Hillary Clinton's use of private e-mail services to handle official affairs caused controversy. These security vulnerabilities may trigger serious crises. For the sake of national security and political stability, a more secure network environment is a development trend, which drives the development of the FIDO Authentication industry.
Political Factors
FIDO Authentication (Fast Online Identity Authentication) refers to a set of open identity authentication standards that use existing technologies for passwordless identity authentication. FIDO Authentication enhances the security of online identity authentication systems on mobile devices and web applications. Political factors play an important role in the FIDO Authentication industry and directly affect the FIDO Authentication industry.
Various countries have different concepts and views on network governance. For example, China and Russia often talk about information security. This network traffic containing information related to various political developments poses a threat to their national security and political stability. Former US President Trump is called the President of Twitter, and he can communicate with millions of people at the push of a button. Although Twitter and other social media platforms promote global connectivity, the use of political leaders makes their security even more important. For example, if Trump’s social media accounts are to be hacked, the information that may be spread may have major and direct consequences globally. In recent years, user information leakage incidents caused by network security are not uncommon. During the 2016 U.S. presidential election, Hillary Clinton's use of private e-mail services to handle official affairs caused controversy. These security vulnerabilities may trigger serious crises. For the sake of national security and political stability, a more secure network environment is a development trend, which drives the development of the FIDO Authentication industry.
Region Overview:
North America dominated the FIDO Authentication market in 2021, with a market share of 45.78%.
Company Overview:
Yubico is one of the major players operating in the FIDO Authentication market, holding a share of 43.91% in 2021.
Yubico
Yubico's line of business includes providing computer related services and consulting.
Egis Technology Inc.
Egis Technology Inc. provides fingerprint biometrics and data encryption solutions. The Company specializes in integrated turnkey solutions with an emphasis on sensor performance and software usability.
Segmentation Overview:
As for product types, the FIDO Authentication Devices segment held the largest market share in 2021.
Application Overview:
The market's largest segment by application is the segment BFSI, with a market share of 27.09% in 2021.
The FIDO Authentication market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global FIDO Authentication market covered in Chapter 4:
OneSpan
Aware, Inc.
FEITIAN Technologies
Onfido
Daon
Movenda
Thales Security
RSA Security LLC
Egis Technology Inc.
Yubico
Nok Nok Labs, Inc.
HYPR Group
In Chapter 12 and Chapter 14.1, on the basis of types, the FIDO Authentication market from 2018 to 2028 is primarily split into:
FIDO Authentication Devices
FIDO Authentication Services
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the FIDO Authentication market from 2018 to 2028 covers:
BFSI
Healthcare & Life Sciences
Government & Defense
Energy & Utilities
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the FIDO Authentication market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the FIDO Authentication market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides FIDO Authentication industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts FIDO Authentication industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the FIDO Authentication market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight FIDO Authentication market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the FIDO Authentication market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the FIDO Authentication market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
