Passive Authentication - Global Market Trajectory & Analytics

Global Passive Authentication Market to Reach $2.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Passive Authentication estimated at US$608.2 Million in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 22.4% over the period 2020-2027. Services, one of the segments analyzed in the report, is projected to record 23.4% CAGR and reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solutions segment is readjusted to a revised 21.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $181.8 Million, While China is Forecast to Grow at 21.9% CAGR

The Passive Authentication market in the U.S. is estimated at US$181.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$435.8 Million by the year 2027 trailing a CAGR of 21.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.9% and 19.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.7% CAGR.

Select Competitors (Total 42 Featured):

• Aware, Inc.
• BehavioSec Inc.
• Biocatch Ltd.
• Cisco Systems, Inc.
• Early Warning Services, LLC.
• Equifax, Inc.
• Experian Information Solutions, Inc.
• Facephi Biometria S.A.
• FICO (Fair Isaac Corporation)
• Gemalto NV
• IBM Corporation
• Idology, Inc.
• Jumio Corporation
• LexisNexis Risk Solutions Inc.
• NEC Corporation
• Nuance Communications, Inc.
• NuData Security Inc.
• Pindrop
• Rsa Security LLC
• SecuredTouch Inc.
• Trust Stamp
• Typingdna
• VASCO Data Security International, Inc.
• Veridium Ltd.
• Verint Systems, Inc.