Global Risk-based Authentication Market Insights and Forecast to 2028

Risk-based Authentication Market Statistics 2028

The global Risk-based Authentication market size is projected to reach US$ 4389.2 million by 2028, from US$ 2067.2 million in 2021, at a CAGR of 11.2% during 2022-2028. Fully considering the economic change by this health crisis, Cloud Authentication accounting for % of the Risk-based Authentication global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Banking, Financial Services and Insurance(BFSI) segment is altered to an % CAGR throughout this forecast period. China's Risk-based Authentication market size is valued at US$ million in 2021, while North America and Europe Risk-based Authentication are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Risk-based Authentication landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. Risk-based authentication is a non-static authentication system that takes into account the profile of the agent requesting access to the system to determine the risk profile associated with that transaction. 

The risk profile is then used to determine the complexity of the challenge. Higher-risk profiles lead to stronger challenges, whereas a static username/password may suffice for lower-risk profiles. Risk-based implementation allows the application to challenge the user for additional credentials only when the risk level is appropriate. The others segment includes Education, Media and Entertainment, and Transportation and Logistics. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Risk-based Authentication market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Risk-based Authentication market in terms of revenue. Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Risk-based Authentication market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Risk-based Authentication market.

Impact of Covid-19 Outbreak

This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

Risk-based Authentication Market Segments

The report has been segmented into product and application segments. The researchers have documented all the products present today in the Risk-based Authentication market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2017-2028. They have also discussed about the growth rate and potential of each segment for the period 2017-2028.

Risk-based Authentication Market By Type

• Cloud Authentication
• On-premises Authentication

Risk-based Authentication Market By Application

• Banking, Financial Services and Insurance(BFSI)
• Government
• Healthcare
• Manufacturing
• Retail
• Telecommunication
• Others

Risk-based Authentication Market By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Competitive Landscape

This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2017-2022. The clients are sure to gain the upper hand once they get hold of this report.

Risk-based Authentication Market By Company

• IBM
• Broadcom
• Micro Focus
• Okta
• Gemalto
• Vasco Data Security
• Secureauth
• Rsa Security
• Entrust Datacard
• Lexisnexis
• Gurucul
• Equifax
• Ping Identity
• Forgerock

Scope of the Risk-based Authentication Market Report

Table of Contents

1 Report Business Overview

    1.1 Study Scope

    1.2 Market Analysis by Type

        1.2.1 Global Risk-based Authentication Market Size Growth Rate by Type, 2017 VS 2021 VS 2028

        1.2.2 Cloud Authentication

        1.2.3 On-premises Authentication

    1.3 Market by Application

        1.3.1 Global Risk-based Authentication Market Size Growth Rate by Application, 2017 VS 2021 VS 2028

        1.3.2 Banking, Financial Services and Insurance(BFSI)

        1.3.3 Government

        1.3.4 Healthcare

        1.3.5 Manufacturing

        1.3.6 Retail

        1.3.7 Telecommunication

        1.3.8 Others

    1.4 Study Objectives

    1.5 Years Considered

2 Global Growth Trends

    2.1 Global Risk-based Authentication Market Perspective (2017-2028)

    2.2 Risk-based Authentication Growth Trends by Region

        2.2.1 Risk-based Authentication Market Size by Region: 2017 VS 2021 VS 2028

        2.2.2 Risk-based Authentication Historic Market Size by Region (2017-2022)

        2.2.3 Risk-based Authentication Forecasted Market Size by Region (2023-2028)

    2.3 Risk-based Authentication Market Dynamics

        2.3.1 Risk-based Authentication Industry Trends

        2.3.2 Risk-based Authentication Market Drivers

        2.3.3 Risk-based Authentication Market Challenges

        2.3.4 Risk-based Authentication Market Restraints

3 Competition Landscape by Key Players

    3.1 Global Top Risk-based Authentication Players by Revenue

        3.1.1 Global Top Risk-based Authentication Players by Revenue (2017-2022)

        3.1.2 Global Risk-based Authentication Revenue Market Share by Players (2017-2022)

    3.2 Global Risk-based Authentication Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

    3.3 Players Covered: Ranking by Risk-based Authentication Revenue

    3.4 Global Risk-based Authentication Market Concentration Ratio

        3.4.1 Global Risk-based Authentication Market Concentration Ratio (CR5 and HHI)

        3.4.2 Global Top 10 and Top 5 Companies by Risk-based Authentication Revenue in 2021

    3.5 Risk-based Authentication Key Players Head office and Area Served

    3.6 Key Players Risk-based Authentication Product Solution and Service

    3.7 Date of Enter into Risk-based Authentication Market

    3.8 Mergers & Acquisitions, Expansion Plans

4 Risk-based Authentication Breakdown Data by Type

    4.1 Global Risk-based Authentication Historic Market Size by Type (2017-2022)

    4.2 Global Risk-based Authentication Forecasted Market Size by Type (2023-2028)

5 Risk-based Authentication Breakdown Data by Application

    5.1 Global Risk-based Authentication Historic Market Size by Application (2017-2022)

    5.2 Global Risk-based Authentication Forecasted Market Size by Application (2023-2028)

6 North America

    6.1 North America Risk-based Authentication Market Size (2017-2028)

    6.2 North America Risk-based Authentication Market Size by Type

        6.2.1 North America Risk-based Authentication Market Size by Type (2017-2022)

        6.2.2 North America Risk-based Authentication Market Size by Type (2023-2028)

        6.2.3 North America Risk-based Authentication Market Share by Type (2017-2028)

    6.3 North America Risk-based Authentication Market Size by Application

        6.3.1 North America Risk-based Authentication Market Size by Application (2017-2022)

        6.3.2 North America Risk-based Authentication Market Size by Application (2023-2028)

        6.3.3 North America Risk-based Authentication Market Share by Application (2017-2028)

    6.4 North America Risk-based Authentication Market Size by Country

        6.4.1 North America Risk-based Authentication Market Size by Country (2017-2022)

        6.4.2 North America Risk-based Authentication Market Size by Country (2023-2028)

        6.4.3 U.S.

        6.4.4 Canada

7 Europe

    7.1 Europe Risk-based Authentication Market Size (2017-2028)

    7.2 Europe Risk-based Authentication Market Size by Type

        7.2.1 Europe Risk-based Authentication Market Size by Type (2017-2022)

        7.2.2 Europe Risk-based Authentication Market Size by Type (2023-2028)

        7.2.3 Europe Risk-based Authentication Market Share by Type (2017-2028)

    7.3 Europe Risk-based Authentication Market Size by Application

        7.3.1 Europe Risk-based Authentication Market Size by Application (2017-2022)

        7.3.2 Europe Risk-based Authentication Market Size by Application (2023-2028)

        7.3.3 Europe Risk-based Authentication Market Share by Application (2017-2028)

    7.4 Europe Risk-based Authentication Market Size by Country

        7.4.1 Europe Risk-based Authentication Market Size by Country (2017-2022)

        7.4.2 Europe Risk-based Authentication Market Size by Country (2023-2028)

        7.4.3 Germany

        7.4.4 France

        7.4.5 U.K.

        7.4.6 Italy

        7.4.7 Russia

        7.4.8 Nordic Countries

8 Asia-Pacific

    8.1 Asia-Pacific Risk-based Authentication Market Size (2017-2028)

    8.2 Asia-Pacific Risk-based Authentication Market Size by Type

        8.2.1 Asia-Pacific Risk-based Authentication Market Size by Type (2017-2022)

        8.2.2 Asia-Pacific Risk-based Authentication Market Size by Type (2023-2028)

        8.2.3 Asia-Pacific Risk-based Authentication Market Share by Type (2017-2028)

    8.3 Asia-Pacific Risk-based Authentication Market Size by Application

        8.3.1 Asia-Pacific Risk-based Authentication Market Size by Application (2017-2022)

        8.3.2 Asia-Pacific Risk-based Authentication Market Size by Application (2023-2028)

        8.3.3 Asia-Pacific Risk-based Authentication Market Share by Application (2017-2028)

    8.4 Asia-Pacific Risk-based Authentication Market Size by Region

        8.4.1 Asia-Pacific Risk-based Authentication Market Size by Region (2017-2022)

        8.4.2 Asia-Pacific Risk-based Authentication Market Size by Region (2023-2028)

        8.4.3 China

        8.4.4 Japan

        8.4.5 South Korea

        8.4.6 Southeast Asia

        8.4.7 India

        8.4.8 Australia 

9 Latin America

    9.1 Latin America Risk-based Authentication Market Size (2017-2028)

    9.2 Latin America Risk-based Authentication Market Size by Type

        9.2.1 Latin America Risk-based Authentication Market Size by Type (2017-2022)

        9.2.2 Latin America Risk-based Authentication Market Size by Type (2023-2028)

        9.2.3 Latin America Risk-based Authentication Market Share by Type (2017-2028)

    9.3 Latin America Risk-based Authentication Market Size by Application

        9.3.1 Latin America Risk-based Authentication Market Size by Application (2017-2022)

        9.3.2 Latin America Risk-based Authentication Market Size by Application (2023-2028)

        9.3.3 Latin America Risk-based Authentication Market Share by Application (2017-2028)

    9.4 Latin America Risk-based Authentication Market Size by Country

        9.4.1 Latin America Risk-based Authentication Market Size by Country (2017-2022)

        9.4.2 Latin America Risk-based Authentication Market Size by Country (2023-2028)

        9.4.3 Mexico

        9.4.4 Brazil

10 Middle East & Africa

    10.1 Middle East & Africa Risk-based Authentication Market Size (2017-2028)

    10.2 Middle East & Africa Risk-based Authentication Market Size by Type

        10.2.1 Middle East & Africa Risk-based Authentication Market Size by Type (2017-2022)

        10.2.2 Middle East & Africa Risk-based Authentication Market Size by Type (2023-2028)

        10.2.3 Middle East & Africa Risk-based Authentication Market Share by Type (2017-2028)

    10.3 Middle East & Africa Risk-based Authentication Market Size by Application

        10.3.1 Middle East & Africa Risk-based Authentication Market Size by Application (2017-2022)

        10.3.2 Middle East & Africa Risk-based Authentication Market Size by Application (2023-2028)

        10.3.3 Middle East & Africa Risk-based Authentication Market Share by Application (2017-2028)

    10.4 Middle East & Africa Risk-based Authentication Market Size by Country

        10.4.1 Middle East & Africa Risk-based Authentication Market Size by Country (2017-2022)

        10.4.2 Middle East & Africa Risk-based Authentication Market Size by Country (2023-2028)

        10.4.3 Turkey

        10.4.4 Saudi Arabia

        10.4.5 UAE

11 Key Players Profiles

    11.1 IBM

        11.1.1 IBM Company Details

        11.1.2 IBM Business Overview

        11.1.3 IBM Risk-based Authentication Introduction

        11.1.4 IBM Revenue in Risk-based Authentication Business (2017-2022)

        11.1.5 IBM Recent Developments

    11.2 Broadcom

        11.2.1 Broadcom Company Details

        11.2.2 Broadcom Business Overview

        11.2.3 Broadcom Risk-based Authentication Introduction

        11.2.4 Broadcom Revenue in Risk-based Authentication Business (2017-2022)

        11.2.5 Broadcom Recent Developments

    11.3 Micro Focus

        11.3.1 Micro Focus Company Details

        11.3.2 Micro Focus Business Overview

        11.3.3 Micro Focus Risk-based Authentication Introduction

        11.3.4 Micro Focus Revenue in Risk-based Authentication Business (2017-2022)

        11.3.5 Micro Focus Recent Developments

    11.4 Okta

        11.4.1 Okta Company Details

        11.4.2 Okta Business Overview

        11.4.3 Okta Risk-based Authentication Introduction

        11.4.4 Okta Revenue in Risk-based Authentication Business (2017-2022)

        11.4.5 Okta Recent Developments

    11.5 Gemalto

        11.5.1 Gemalto Company Details

        11.5.2 Gemalto Business Overview

        11.5.3 Gemalto Risk-based Authentication Introduction

        11.5.4 Gemalto Revenue in Risk-based Authentication Business (2017-2022)

        11.5.5 Gemalto Recent Developments

    11.6 Vasco Data Security

        11.6.1 Vasco Data Security Company Details

        11.6.2 Vasco Data Security Business Overview

        11.6.3 Vasco Data Security Risk-based Authentication Introduction

        11.6.4 Vasco Data Security Revenue in Risk-based Authentication Business (2017-2022)

        11.6.5 Vasco Data Security Recent Developments

    11.7 Secureauth

        11.7.1 Secureauth Company Details

        11.7.2 Secureauth Business Overview

        11.7.3 Secureauth Risk-based Authentication Introduction

        11.7.4 Secureauth Revenue in Risk-based Authentication Business (2017-2022)

        11.7.5 Secureauth Recent Developments

    11.8 Rsa Security

        11.8.1 Rsa Security Company Details

        11.8.2 Rsa Security Business Overview

        11.8.3 Rsa Security Risk-based Authentication Introduction

        11.8.4 Rsa Security Revenue in Risk-based Authentication Business (2017-2022)

        11.8.5 Rsa Security Recent Developments

    11.9 Entrust Datacard

        11.9.1 Entrust Datacard Company Details

        11.9.2 Entrust Datacard Business Overview

        11.9.3 Entrust Datacard Risk-based Authentication Introduction

        11.9.4 Entrust Datacard Revenue in Risk-based Authentication Business (2017-2022)

        11.9.5 Entrust Datacard Recent Developments

    11.10 Lexisnexis

        11.10.1 Lexisnexis Company Details

        11.10.2 Lexisnexis Business Overview

        11.10.3 Lexisnexis Risk-based Authentication Introduction

        11.10.4 Lexisnexis Revenue in Risk-based Authentication Business (2017-2022)

        11.10.5 Lexisnexis Recent Developments

    11.11 Gurucul

        11.11.1 Gurucul Company Details

        11.11.2 Gurucul Business Overview

        11.11.3 Gurucul Risk-based Authentication Introduction

        11.11.4 Gurucul Revenue in Risk-based Authentication Business (2017-2022)

        11.11.5 Gurucul Recent Developments

    11.12 Equifax

        11.12.1 Equifax Company Details

        11.12.2 Equifax Business Overview

        11.12.3 Equifax Risk-based Authentication Introduction

        11.12.4 Equifax Revenue in Risk-based Authentication Business (2017-2022)

        11.12.5 Equifax Recent Developments

    11.13 Ping Identity

        11.13.1 Ping Identity Company Details

        11.13.2 Ping Identity Business Overview

        11.13.3 Ping Identity Risk-based Authentication Introduction

        11.13.4 Ping Identity Revenue in Risk-based Authentication Business (2017-2022)

        11.13.5 Ping Identity Recent Developments

    11.14 Forgerock

        11.14.1 Forgerock Company Details

        11.14.2 Forgerock Business Overview

        11.14.3 Forgerock Risk-based Authentication Introduction

        11.14.4 Forgerock Revenue in Risk-based Authentication Business (2017-2022)

        11.14.5 Forgerock Recent Developments

12 Analyst's Viewpoints/Conclusions

13 Appendix

    13.1 Research Methodology

        13.1.1 Methodology/Research Approach

        13.1.2 Data Source

    13.2 Author Details

    13.3 Disclaimer