The Europe Passive Authentication Market should witness market growth of 20.2% CAGR during the forecast period (2022-2028).
Fingerprint scanning is the most popular biometric authentication method, and many people use it on their smartphones to unlock their devices or make online purchases. Companies have the chance to increase their ROI by concentrating on passive authentication during this new era of customer experience.
Many businesses offer platforms, solutions, and systems for passive authentication to help consumers safeguard their data and guard against data breaches and leaks. Silent authentication is another name for passive authentication. For online transactions, it offers convenient and reliable risk-based authentication, particularly for the BFSI (banking, financial services, and insurance) industry.
With the passive authentication method, users are validated and verified through the analysis of behavioral patterns. These methods offer adaptive authentication, which allows for exact real-time analysis of a transaction's data or legitimacy. To improve the user or customer experience, businesses across a variety of sectors, including e-commerce, retail, BFSI, and information technology (IT) & telecom, are employing passive authentication techniques.
Recently, digital identification has become increasingly important in a variety of industries. In 2016, schemes such as the Gov.UK Verify project were launched. The government released a revised edition of its digital identity and characteristics trust framework in August 2021. By the end of 2021, German people will be able to save a digital version of identification cards on smartphones and utilize it as a digital ID with a PIN for authentication.
The Germany market dominated the Europe Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $258.9 million by 2028.The UK market is anticipated to grow at a CAGR of 19.2% during (2022-2028). Additionally, The France market would exhibit a CAGR of 21.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Fingerprint scanning is the most popular biometric authentication method, and many people use it on their smartphones to unlock their devices or make online purchases. Companies have the chance to increase their ROI by concentrating on passive authentication during this new era of customer experience.
Many businesses offer platforms, solutions, and systems for passive authentication to help consumers safeguard their data and guard against data breaches and leaks. Silent authentication is another name for passive authentication. For online transactions, it offers convenient and reliable risk-based authentication, particularly for the BFSI (banking, financial services, and insurance) industry.
With the passive authentication method, users are validated and verified through the analysis of behavioral patterns. These methods offer adaptive authentication, which allows for exact real-time analysis of a transaction's data or legitimacy. To improve the user or customer experience, businesses across a variety of sectors, including e-commerce, retail, BFSI, and information technology (IT) & telecom, are employing passive authentication techniques.
Recently, digital identification has become increasingly important in a variety of industries. In 2016, schemes such as the Gov.UK Verify project were launched. The government released a revised edition of its digital identity and characteristics trust framework in August 2021. By the end of 2021, German people will be able to save a digital version of identification cards on smartphones and utilize it as a digital ID with a PIN for authentication.
The Germany market dominated the Europe Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $258.9 million by 2028.The UK market is anticipated to grow at a CAGR of 19.2% during (2022-2028). Additionally, The France market would exhibit a CAGR of 21.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Passive Authentication Market, by Component
1.4.2 Europe Passive Authentication Market, by Function
1.4.3 Europe Passive Authentication Market, by Deployment
1.4.4 Europe Passive Authentication Market, by Organization Size
1.4.5 Europe Passive Authentication Market, by Vertical
1.4.6 Europe 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. Europe Passive Authentication Market by Component
3.1 Europe Solution Market by Country
3.2 Europe Services Market by Country
Chapter 4. Europe Passive Authentication Market by Function
4.1 Europe Compliance Management Market by Country
4.2 Europe Marketing Management Market by Country
4.3 Europe Risk Management Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Passive Authentication Market by Deployment
5.1 Europe On-Premise Market by Country
5.2 Europe Cloud Market by Country
Chapter 6. Europe Passive Authentication Market by Organization Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe Small & Medium Enterprises Market by Country
Chapter 7. Europe Passive Authentication Market by Vertical
7.1 Europe BFSI Market by Country
7.2 Europe Healthcare Market by Country
7.3 Europe Government Market by Country
7.4 Europe Retail & Consumer Goods Market by Country
7.5 Europe Media & Entertainment Market by Country
7.6 Europe IT & Telecom Market by Country
7.7 Europe Others Market by Country
Chapter 8. Europe Passive Authentication Market by Country
8.1 Germany Passive Authentication Market
8.1.1 Germany Passive Authentication Market by Component
8.1.2 Germany Passive Authentication Market by Function
8.1.3 Germany Passive Authentication Market by Deployment
8.1.4 Germany Passive Authentication Market by Organization Size
8.1.5 Germany Passive Authentication Market by Vertical
8.2 UK Passive Authentication Market
8.2.1 UK Passive Authentication Market by Component
8.2.2 UK Passive Authentication Market by Function
8.2.3 UK Passive Authentication Market by Deployment
8.2.4 UK Passive Authentication Market by Organization Size
8.2.5 UK Passive Authentication Market by Vertical
8.3 France Passive Authentication Market
8.3.1 France Passive Authentication Market by Component
8.3.2 France Passive Authentication Market by Function
8.3.3 France Passive Authentication Market by Deployment
8.3.4 France Passive Authentication Market by Organization Size
8.3.5 France Passive Authentication Market by Vertical
8.4 Russia Passive Authentication Market
8.4.1 Russia Passive Authentication Market by Component
8.4.2 Russia Passive Authentication Market by Function
8.4.3 Russia Passive Authentication Market by Deployment
8.4.4 Russia Passive Authentication Market by Organization Size
8.4.5 Russia Passive Authentication Market by Vertical
8.5 Spain Passive Authentication Market
8.5.1 Spain Passive Authentication Market by Component
8.5.2 Spain Passive Authentication Market by Function
8.5.3 Spain Passive Authentication Market by Deployment
8.5.4 Spain Passive Authentication Market by Organization Size
8.5.5 Spain Passive Authentication Market by Vertical
8.6 Italy Passive Authentication Market
8.6.1 Italy Passive Authentication Market by Component
8.6.2 Italy Passive Authentication Market by Function
8.6.3 Italy Passive Authentication Market by Deployment
8.6.4 Italy Passive Authentication Market by Organization Size
8.6.5 Italy Passive Authentication Market by Vertical
8.7 Rest of Europe Passive Authentication Market
8.7.1 Rest of Europe Passive Authentication Market by Component
8.7.2 Rest of Europe Passive Authentication Market by Function
8.7.3 Rest of Europe Passive Authentication Market by Deployment
8.7.4 Rest of Europe Passive Authentication Market by Organization Size
8.7.5 Rest of Europe 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
LOADING...
