Uploaded on May 6, 2021
The Risk-Based Authentication Market size is expected to have a market size of USD 12.8 Billion by 2028. The factors such as increasing Regulations and Compliances from the government and Increasing Instances of Cyber-Attacks and Data Breaches in Enterprises have led to the rise in the market.
Risk-Based Authentication Market 2021 Business Strategies, Production and Comprehensive Research Study till 2028
Adroit Market Research
Risk-Based Authentication Market
by Component (Solution, Services), Technology Type (Multi-Factor Authentication, Behavioral
Biometrics & Web Access Management), Application Area (Fraud Prevention, Cloud
Application Security, IoT Security, Others), Deployment Mode (Cloud & On-premise), Industry
Vertical(BFSI, Retail, Travel & Hospitality, Healthcare, and Life Sciences, Manufacturing,
Service Providers, Transportation & Logistics, Government and Public Sector and Others) and
Region (North America, Europe, Asia Pacific, Middle East& Africa, Latin America) - Global
Forecast to 2018 to 2028
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Adroit Market Research
Risk-Based Authentication Market Size to reach $12.8 Billion by 2028
• The Rising Demand For Mobility Solutions And BYOD Trend Has Led To The Rise In The Risk-Based Authentication Market
• There has been a rise in the market due to the adoption of mobility solutions and BYOD trends across various verticals
across the world. With the increase of data storage, the risk of security of data and cyber attacks have increased leading to
the organization adopting the market in the next five years.
• The Risk-Based Authentication Market size is expected to have a market size of USD 12.8 Billion by 2028. The factors such
as increasing Regulations and Compliances from the government and Increasing Instances of Cyber-Attacks and Data
Breaches in Enterprises have led to the rise in the market.
• There has been a rise in connected devices and IoT devices which has further influenced the market for growth in the
coming years. With the rise in data across organizations especially government and hospitals, the risk of a data breach and
cyber-attacks have increased drastically.
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Adroit Market Research
Global Pulse Oximeters Market To Reach USD 3,622.1
Million By 2028
• Password protection has been the traditional source of authentication. Companies have been protecting data through this
single gateway as there is a high risk of loss of authenticity of data. The organization is now moving its data from traditional
sources to cloud-based solutions, which has led to a rise in the market.
• The Risk-Based Authentication Market caters to a wide range of North America, Europe, APAC, the Middle East and Africa,
and Latin America. North America is expected to have the highest market size due to the presence of a large number of
companies in the market.
• The major players of the Risk-Based Authentication Market are IBM, CA Technologies, Micro Focus, Okta, Gemalto, and
many other players who are the leading players in the growth of the market.
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Adroit Market Research
Segment Overview of Risk-Based Authentication Market
Segment Overview of Risk-Based Authentication Market
• Component Overview, 2018-2028 (USD Million)
• Solution
• Services
Technology Type, 2018-2028 (USD Million)
• Multi-Factor Authentication
• Behavioral Biometrics
• Web Access Management
Application Area, 2018-2028 (USD Million)
• Fraud Prevention
• Cloud Application Security
• IoT Security
• Others
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Adroit Market Research
Segment Overview of Risk-Based Authentication Market
Deployment Mode, 2018-2028 (USD Million)
• On-Premises
• Cloud-Based
Industry Vertical, 2018-2028 (USD Million)
• BFSI
• Retail
• Travel and Hospitality
• Healthcare and Life Sciences
• Manufacturing
• Service Providers
• Transportation and Logistics
• Government and Public Sector
• Other Verticals
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Adroit Market Research
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