The Asia Pacific Passive Authentication Market should witness market growth of 21.4% CAGR during the forecast period (2022-2028).
The SOD and the LDS's content are shown to be legitimate and undamaged using passive authentication (PA). Data that is stored in the memory of an RFID chip can be authenticated passively using the mechanism of a digital signature. It enables the detection of any alterations in signed data read from the RFID-chip memory but is unable to prevent their complete duplication (cloning of RFID-chip).
A set of cryptographic keys are necessary to use the digital signature process. The public key is used to verify the signature value and is distributed as a certificate. The private key is utilized to compute the digital signature and is only accessible to the signer.
As a result, there are two fundamental steps in the passive authentication process that must be controlled: the integrity of the document data informational groups and the validity of the document security object.
Japan, China, Singapore, India, and South Korea are among the Asia Pacific's largest developing economies. The Indian government has implemented measures such as KYC to aid in the detection of identity fraud. Adhaar, India's national ID scheme, reached one billion users in 2016. Furthermore, Adhaar ID was used by 1.2 billion people, with 99 percent of them being adults. In addition, the Indian government's integration of the biometric digital ID 'Aadhaar' into different initiatives and policies is a prime example of digital governance.
The China market dominated the Asia Pacific Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $309.9 million by 2028.The Japan market is estimated to grow a CAGR of 20.5% during (2022-2028). Additionally, The India market would experience a CAGR of 22.1% during (2022-2028).
Based on Component, the market is segmented into Solution and Services. Based on Function, the market is segmented into Compliance Management, Marketing Management, Risk Management and Others. Based on Deployment, the market is segmented into On-Premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Healthcare, Government, Retail & Consumer Goods, Media & Entertainment, IT & Telecom and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, NEC Corporation, Fair Isaac Corporation (FICO), Experian PLC, Nuance Communications, Inc. (Microsoft Corporation), Equifax Inc., RSA Security LLC (Symphony Technology Group), and BioCatch Ltd.
The SOD and the LDS's content are shown to be legitimate and undamaged using passive authentication (PA). Data that is stored in the memory of an RFID chip can be authenticated passively using the mechanism of a digital signature. It enables the detection of any alterations in signed data read from the RFID-chip memory but is unable to prevent their complete duplication (cloning of RFID-chip).
A set of cryptographic keys are necessary to use the digital signature process. The public key is used to verify the signature value and is distributed as a certificate. The private key is utilized to compute the digital signature and is only accessible to the signer.
As a result, there are two fundamental steps in the passive authentication process that must be controlled: the integrity of the document data informational groups and the validity of the document security object.
Japan, China, Singapore, India, and South Korea are among the Asia Pacific's largest developing economies. The Indian government has implemented measures such as KYC to aid in the detection of identity fraud. Adhaar, India's national ID scheme, reached one billion users in 2016. Furthermore, Adhaar ID was used by 1.2 billion people, with 99 percent of them being adults. In addition, the Indian government's integration of the biometric digital ID 'Aadhaar' into different initiatives and policies is a prime example of digital governance.
The China market dominated the Asia Pacific Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $309.9 million by 2028.The Japan market is estimated to grow a CAGR of 20.5% during (2022-2028). Additionally, The India market would experience a CAGR of 22.1% during (2022-2028).
Based on Component, the market is segmented into Solution and Services. Based on Function, the market is segmented into Compliance Management, Marketing Management, Risk Management and Others. Based on Deployment, the market is segmented into On-Premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Healthcare, Government, Retail & Consumer Goods, Media & Entertainment, IT & Telecom and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, NEC Corporation, Fair Isaac Corporation (FICO), Experian PLC, Nuance Communications, Inc. (Microsoft Corporation), Equifax Inc., RSA Security LLC (Symphony Technology Group), and BioCatch Ltd.
Scope of the Study
By Component
- Solution
- Services
By Function
- Compliance Management
- Marketing Management
- Risk Management
- Others
By Deployment
- On-Premise
- Cloud
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- BFSI
- Healthcare
- Government
- Retail & Consumer Goods
- Media & Entertainment
- IT & Telecom
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- NEC Corporation
- Fair Isaac Corporation (FICO)
- Experian PLC
- Nuance Communications, Inc. (Microsoft Corporation)
- Equifax Inc.
- RSA Security LLC (Symphony Technology Group)
- BioCatch Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Passive Authentication Market, by Component
1.4.2 Asia Pacific Passive Authentication Market, by Function
1.4.3 Asia Pacific Passive Authentication Market, by Deployment
1.4.4 Asia Pacific Passive Authentication Market, by Organization Size
1.4.5 Asia Pacific Passive Authentication Market, by Vertical
1.4.6 Asia Pacific Passive Authentication Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Passive Authentication Market by Component
3.1 Asia Pacific Solution Market by Country
3.2 Asia Pacific Services Market by Country
Chapter 4. Asia Pacific Passive Authentication Market by Function
4.1 Asia Pacific Compliance Management Market by Country
4.2 Asia Pacific Marketing Management Market by Country
4.3 Asia Pacific Risk Management Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Passive Authentication Market by Deployment
5.1 Asia Pacific On-Premise Market by Country
5.2 Asia Pacific Cloud Market by Country
Chapter 6. Asia Pacific Passive Authentication Market by Organization Size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific Small & Medium Enterprises Market by Country
Chapter 7. Asia Pacific Passive Authentication Market by Vertical
7.1 Asia Pacific BFSI Market by Country
7.2 Asia Pacific Healthcare Market by Country
7.3 Asia Pacific Government Market by Country
7.4 Asia Pacific Retail & Consumer Goods Market by Country
7.5 Asia Pacific Media & Entertainment Market by Country
7.6 Asia Pacific IT & Telecom Market by Country
7.7 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Passive Authentication Market by Country
8.1 China Passive Authentication Market
8.1.1 China Passive Authentication Market by Component
8.1.2 China Passive Authentication Market by Function
8.1.3 China Passive Authentication Market by Deployment
8.1.4 China Passive Authentication Market by Organization Size
8.1.5 China Passive Authentication Market by Vertical
8.2 Japan Passive Authentication Market
8.2.1 Japan Passive Authentication Market by Component
8.2.2 Japan Passive Authentication Market by Function
8.2.3 Japan Passive Authentication Market by Deployment
8.2.4 Japan Passive Authentication Market by Organization Size
8.2.5 Japan Passive Authentication Market by Vertical
8.3 India Passive Authentication Market
8.3.1 India Passive Authentication Market by Component
8.3.2 India Passive Authentication Market by Function
8.3.3 India Passive Authentication Market by Deployment
8.3.4 India Passive Authentication Market by Organization Size
8.3.5 India Passive Authentication Market by Vertical
8.4 South Korea Passive Authentication Market
8.4.1 South Korea Passive Authentication Market by Component
8.4.2 South Korea Passive Authentication Market by Function
8.4.3 South Korea Passive Authentication Market by Deployment
8.4.4 South Korea Passive Authentication Market by Organization Size
8.4.5 South Korea Passive Authentication Market by Vertical
8.5 Singapore Passive Authentication Market
8.5.1 Singapore Passive Authentication Market by Component
8.5.2 Singapore Passive Authentication Market by Function
8.5.3 Singapore Passive Authentication Market by Deployment
8.5.4 Singapore Passive Authentication Market by Organization Size
8.5.5 Singapore Passive Authentication Market by Vertical
8.6 Malaysia Passive Authentication Market
8.6.1 Malaysia Passive Authentication Market by Component
8.6.2 Malaysia Passive Authentication Market by Function
8.6.3 Malaysia Passive Authentication Market by Deployment
8.6.4 Malaysia Passive Authentication Market by Organization Size
8.6.5 Malaysia Passive Authentication Market by Vertical
8.7 Rest of Asia Pacific Passive Authentication Market
8.7.1 Rest of Asia Pacific Passive Authentication Market by Component
8.7.2 Rest of Asia Pacific Passive Authentication Market by Function
8.7.3 Rest of Asia Pacific Passive Authentication Market by Deployment
8.7.4 Rest of Asia Pacific Passive Authentication Market by Organization Size
8.7.5 Rest of Asia Pacific Passive Authentication Market by Vertical
Chapter 9. Company Profiles
9.1 Cisco Systems, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Nuance Communications, Inc. (Microsoft Corporation)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 NEC Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.5 Fair Isaac Corporation (FICO)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Experian PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.7 Equifax, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.8 RSA Security LLC (Symphony Technology Group)
9.8.1 Company Overview
9.9 BioCatch Ltd.
9.9.1 Company Overview
Companies Mentioned
- Cisco Systems, Inc.
- IBM Corporation
- NEC Corporation
- Fair Isaac Corporation (FICO)
- Experian PLC
- Nuance Communications, Inc. (Microsoft Corporation)
- Equifax Inc.
- RSA Security LLC (Symphony Technology Group)
- BioCatch Ltd.
Methodology
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