The North America Passive Authentication Market should witness market growth of 19.7% CAGR during the forecast period (2022-2028).
Companies may address the requirement for speed and comfort by using passive authentication, which automates and streamlines authentication without compromising security. Customer experience is not a meaningless endeavor. One must navigate a vast ocean of data and information in order to surface the 'right' customer at the 'right' moment.
Modern, smart clients deserve, even anticipate, a superior experience that starts the moment they land on the website and continues throughout their whole lifecycle through micro-moments. Authentication, personalization, and fraud protection must be seamlessly integrated into users' regular digital activities in order to give this kind of experience.
Passive authentication can assist in providing customers peace of mind throughout online transactions because they are constantly looking for methods to make their lives simpler and more pleasant.
Several startups are working to develop passive authentication systems in the North American region. For instance, UnifyID has announced the broad availability of their variable probability and confidence scoring engine for frictionless online and offline use. The business claimed that in order to verify consumers with a 99.999 percent level of confidence, it used over 100 behavioural and contextual characteristics. The tools work in the background to do away with the requirement for passwords without giving consumers the same privacy worries as facial biometrics do.
The US market dominated the North America Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1, 043.9 million by 2028.The Canada market is poised to grow at a CAGR of 22.4% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 21.3% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Companies may address the requirement for speed and comfort by using passive authentication, which automates and streamlines authentication without compromising security. Customer experience is not a meaningless endeavor. One must navigate a vast ocean of data and information in order to surface the 'right' customer at the 'right' moment.
Modern, smart clients deserve, even anticipate, a superior experience that starts the moment they land on the website and continues throughout their whole lifecycle through micro-moments. Authentication, personalization, and fraud protection must be seamlessly integrated into users' regular digital activities in order to give this kind of experience.
Passive authentication can assist in providing customers peace of mind throughout online transactions because they are constantly looking for methods to make their lives simpler and more pleasant.
Several startups are working to develop passive authentication systems in the North American region. For instance, UnifyID has announced the broad availability of their variable probability and confidence scoring engine for frictionless online and offline use. The business claimed that in order to verify consumers with a 99.999 percent level of confidence, it used over 100 behavioural and contextual characteristics. The tools work in the background to do away with the requirement for passwords without giving consumers the same privacy worries as facial biometrics do.
The US market dominated the North America Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1, 043.9 million by 2028.The Canada market is poised to grow at a CAGR of 22.4% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 21.3% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Passive Authentication Market, by Component
1.4.2 North America Passive Authentication Market, by Function
1.4.3 North America Passive Authentication Market, by Deployment
1.4.4 North America Passive Authentication Market, by Organization Size
1.4.5 North America Passive Authentication Market, by Vertical
1.4.6 North America 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. North America Passive Authentication Market by Component
3.1 North America Solution Market by Country
3.2 North America Services Market by Country
Chapter 4. North America Passive Authentication Market by Function
4.1 North America Compliance Management Market by Country
4.2 North America Marketing Management Market by Country
4.3 North America Risk Management Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Passive Authentication Market by Deployment
5.1 North America On-Premise Market by Country
5.2 North America Cloud Market by Country
Chapter 6. North America Passive Authentication Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America Passive Authentication Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Government Market by Country
7.4 North America Retail & Consumer Goods Market by Country
7.5 North America Media & Entertainment Market by Country
7.6 North America IT & Telecom Market by Country
7.7 North America Others Market by Country
Chapter 8. North America Passive Authentication Market by Country
8.1 US Passive Authentication Market
8.1.1 US Passive Authentication Market by Component
8.1.2 US Passive Authentication Market by Function
8.1.3 US Passive Authentication Market by Deployment
8.1.4 US Passive Authentication Market by Organization Size
8.1.5 US Passive Authentication Market by Vertical
8.2 Canada Passive Authentication Market
8.2.1 Canada Passive Authentication Market by Component
8.2.2 Canada Passive Authentication Market by Function
8.2.3 Canada Passive Authentication Market by Deployment
8.2.4 Canada Passive Authentication Market by Organization Size
8.2.5 Canada Passive Authentication Market by Vertical
8.3 Mexico Passive Authentication Market
8.3.1 Mexico Passive Authentication Market by Component
8.3.2 Mexico Passive Authentication Market by Function
8.3.3 Mexico Passive Authentication Market by Deployment
8.3.4 Mexico Passive Authentication Market by Organization Size
8.3.5 Mexico Passive Authentication Market by Vertical
8.4 Rest of North America Passive Authentication Market
8.4.1 Rest of North America Passive Authentication Market by Component
8.4.2 Rest of North America Passive Authentication Market by Function
8.4.3 Rest of North America Passive Authentication Market by Deployment
8.4.4 Rest of North America Passive Authentication Market by Organization Size
8.4.5 Rest of North America 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
9.1.1 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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