What is the current Authentication Services Market size?

The Authentication Services Market is projected to register a CAGR of 22% during the forecast period (2024-2029) Read More

Who are the key players in Authentication Services Market?

Entrust Datacard Corporation, Tata Communications., IBM Corporation, Microsoft Corporation and Google LLC are the major companies operating in the Authentication Services Market. Read More

Which is the fastest growing region in Authentication Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Authentication Services Market?

In 2024, the North America accounts for the largest market share in Authentication Services Market. Read More

What years does this Authentication Services Market cover?

The report covers the Authentication Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Authentication Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Authentication Services Market - Companies, Size & Share

Authentication Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Authentication as a Service Market is Segmented by Authentication Type (Single-Factor Authentication, Multi-Factor Authentication), Service Type (Compliance Management, Managed Public Key Infrastructure (PKI), Subscription Keys Management), End-user Industry (IT and Telecommunications, BFSI, Government and Defense, Healthcare), and Geography (North America, Europe, Asia-Pacifici, and Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Authentication Services Industry Overview

The competitive rivalry in the authentication services market is high. The ability of these competitors to continually innovate their products and services has enabled them to achieve a competitive advantage over other players in the market. Through research and development activities, mergers and acquisitions, and strategic partnerships, these players can gain a larger footprint in the market. Some of the recent developments in the market are:

January 2020 - IBM filed a patent for developing a 'self-aware token' primarily designed to record events of an offline transaction, with the United States Patent and Trademark Office. The patent filed relates to financial data processing in an electronic currency platform and processing e-commerce tokens, which involve offline transactions.
March 2019 - FSS (Financial Software and Systems), a global payments technology company, launched the FSS Secure3D, the company's new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. Globally, across various regions, banks are needed to implement the 3DS2.0 between 2019 and 2020.