Global Passive Authentication Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Passive authentication is a process or method which verifies the customer’s or user’s identity with the help of behavioral patterns. These behavioral authentication patterns primarily include biometric, contextual, and correlative authentication as well as device identification. Passive authentication also comprises multi-factor authentication in order to provide enhanced security and control and to help organizations eliminate the need for password-based security models. The passive authentication method is often used to verify and validate users of e-documents and prevent forgery of digital data. Several companies are providing passive authentication platforms, systems, and solutions to help users keep their data safe and protect them from any data leaks or breach. Passive authentication is sometimes also called silent authentication. It provides convenient and robust risk-based authentication for online transactions, especially in the banking, financial services & insurance (BFSI) industry. In the passive authentication method, smart and advanced techniques are used to analyze behavioral patterns in order to verify and validate users. These techniques offer adaptive authentication to precisely analyze the data or authenticity of a transaction in real time. Companies across industries such as e-commerce, BFSI, retail, and information technology (IT) & telecom are implementing passive authentication methods in order to enhance the customer’s or user’s experience. The Passive Authentication market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Passive Authentication market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Passive Authentication Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Passive Authentication market are: Behaviosec LexisnexisRiskSolutions Cisco NudataSecurity EarlyWarningServices VascoDataSecurityInternational Biocatch Securedtouch NEC Typingdna Fico Jumio RsaSecurity NuanceCommunications Veridium Pindrop Idology Equifax TrustStamp Gemalto IBM Aware Experian Facephi Verint Most important types of Passive Authentication products covered in this report are: Solution Services Most widely used downstream fields of Passive Authentication market covered in this report are: BFSI Government Telecom and IT Retail and consumer goods Healthcare Media and entertainment Others Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.