Global Authentication Services Strategic Business Report 2023: Adoption of Stringent Data Security Regulations Worldwide Enhances Demand for Authentication Services


Dublin, April 20, 2023 (GLOBE NEWSWIRE) -- The "Authentication Services - Global Strategic Business Report" report has been added to's offering.

The global market for Authentication Services estimated at US$837.1 Million in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 19.7% over the analysis period 2022-2030.

Compliance Management, one of the segments analyzed in the report, is projected to record a 19.4% CAGR and reach US$1.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Subscription Keys Management segment is readjusted to a revised 20.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $244.9 Million, While China is Forecast to Grow at 18.9% CAGR

The Authentication Services market in the U.S. is estimated at US$244.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$603.4 Million by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 16.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.

Select Competitors (Total 22 Featured) -

  • Bell Canada
  • Entrust Datacard Corporation
  • Gemalto NV
  • Global Cloud Xchange Group Ltd.
  • Interoute Communications Ltd.
  • Tata Communications Ltd.
  • Trustwave Holdings, Inc.
  • Verizon Communications, Inc.
  • Wipro Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages184
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$837.1 Million
Forecasted Market Value (USD) by 2030$3500 Million
Compound Annual Growth Rate19.6%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Authentication Services Market: Prelude
  • Global Authentication Services Market: Percentage Breakdown of Sales by Application for 2019
  • Authentication Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession



  • Rapid Increase in Number of Digital Identities: Need for Authentication Services
  • Identity Authentication and Fraud Solutions Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • With Digital Identities on the Rise, Threat of Identity Fraud/Threat Increases, Giving Impetus to the Market for Authentication Services
  • Identity Theft Statistics: In a Nutshell
  • Number of Identity Fraud Victims (in Millions) and Fraud Losses (in US$ Billion) in the US for the Period 2012-2017
  • Number of Identity Theft Complaints in the US for 2015-2018
  • Identity Theft Complaints in the US by Nature of Crime for 2018
  • Leading Canadian Banks Unveil Blockchain-Based Digital Identity Service
  • A Glance at Popular Authentication Technologies
  • Adoption of Stringent Data Security Regulations Worldwide Enhance Demand for Authentication Services
  • A Review of Data Protection Laws by Country
  • GDPR: The Most Significant Data Protection Regulation Set to Transform Digital Authentication
  • Two-Factor Authentication: Ideal for Complying with GDPR Requirements
  • Multi-Factor Authentication Services Market: An Overview
  • Global Multi-Factor Authentication Market: Percentage Breakdown of Revenues by Application for 2019
  • A Review of Select Multi-Factor Authentication Software
  • Cloud-based Multi-Factor Authentication Continues to Evolve
  • Multi-Factor Authentication Helps in Strengthening Cloud App Security
  • Two-Factor Authentication: Offering Additional Layer of Security
  • Digitalization and Virtualization in SMBs Drive Demand for Two-Factor Authentication
  • A Glance at Select Two-Factor Authentication Solutions and Hardware
  • Highly Regulated Industries Turn to Security Tokens for Higher Level of Security
  • Hard Tokens VS Soft Tokens
  • Increasing Number of Mobile Devices with Integrated Biometric Sensors: Potential Growth for Authentication Services Market
  • Global Biometric Smartphones Market: Shipments of Smartphones with Biometrics Technology as % of Total Smartphones for the Period 2017-2021
  • Global Mobile Biometrics Market Size in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Mobile Devices User Authentication Services: A Promising Market
  • Increasing Rate of Online Frauds and Cyber Attacks Drive Demand for Mobile Devices User Authentication Services
  • Continuous Increase in Mobile Fraud: Fraud Transactions on Mobile Devices as % of Total Fraud Transactions for 2015-2019
  • Mobile Authentication Opportunity in China: An Overview
  • Managed Public Key Infrastructure Services: Enabling Strong Authentication of Digital Identities
  • Compliance Management Services: Vital Part of Security Administration
  • Strong Authentication Essential for PCI DSS Compliance
  • MFA Helps U.S. Government Contractors to Achieve DFARS Compliance
  • HIPAA Compliance: Two Factor Authentication Holds Significance
  • BFSI: A Prominent Major End-Use Market for Authentication Services
  • Biometrics Adoptions Gains Momentum in Banking & Financial Services Industry
  • Public Sector Organizations Increasingly Opt for Multi-Factor Authentication Services
  • Rapid Growth of eCommerce Sector: Lucrative Opportunities in Store for Authentication Services Market
  • Global Retail E-Commerce Sales in US$ Billion for the Years 2017, 2019, 2021 and 2023
  • Mobile Authentication: Enabling eCommerce Market to Increase Consumer Confidence
  • Big Data Aids in Strengthening Authentication Process
  • Innovations & Advancements
  • Symbol-to-Accept: Latest Innovation in the Mobile Authentication Space
  • Biometric Innovations Favoring Mobile Payments Market
  • Innovations in Biometric Authentication Field: A Snapshot
  • Advent of Offline Alternative Option for Aadhaar-based Biometric Authentication
  • Personal Authentication Technology: A Review of Select Innovations
  • Silent Authentication: Potential for Adoption in eCommerce Market
  • Authentication Technology Advancements Aid in Safer Transactions
  • Real-time Captcha Technique Plays a Critical Role in Improving Biometric Authentication
  • Authentication Service
  • Central Authentication Service (CAS): A Single Sign-On Protocol for the Web




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Global Market for Authentication Services

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