FIDO Authentication Market Key Highlights:
- Market Size (2024): USD 1,784 Million
- Projected Market Size (2034): USD 1,3912 Million
- CAGR (2024-2034): 22.8%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
FIDO Authentication Market Definition
Fido is an online authentication design with open standards and set-up roles that offers secure and easy ways to detect identifications of online services, creating popularity due to the rising requirements for secure and fast online authentication methods. The growth of e-commerce and the use of online services are driving demand for Fido authentication. New rules regarding cybersecurity helped to enhance Fido authentication market expansion from 2019 to 2023. However, the adoption of digitalization in companies is expected to boost this expansion in the upcoming period.
The demand for FIDO authentication can be hampered due to cybersecurity issues and total dependency on a certain app for identification. However, the government is promoting novel cybersecurity regulations, and manufacturers have been innovating to overcome these issues with better security services.
The increasing chances of cyberattacks in companies are encouraging the US to adopt Fido authentication. Additionally, Europe is driving the growth adoption of Fido authentication to comply with general data protection regulation (GDPR), and the UK’s shift toward digitalization contributes to market expansion. The growth of e-commerce is about to boost the Fido surveillance market in Asia Pacific in the forecast period.
FIDO Authentication Market Segmentation:
By Solution
- FIDO U2F Authentication Devices (Security Keys)
- FIDO Authentication SDKs
- Services
- Others
By Enterprise Size
- Small Offices (1-9 employees)
- Small Enterprises (10-99 employees)
- Medium-sized Enterprise (100-499 employees)
- Large Enterprises (500-999 employees)
- Very Large Enterprises (1,000+ employees)
By Industry
- BFSI
- Healthcare
- Telecom
- Retail & eCommerce
- Government
- IT/Professional Services
- Others
FIDO Authentication Market Companies:
- Thales Group
- HID Global (ASSA ABLOY Group)
- Microsoft
- Google
- Onespan
- RSA Asecurity
- Cisco
- FEITIAN Technologies
- Duo Security
- Identiv
- Yubico
- mk Group
- Crayonic
- Hypersecu
- LoginID
- heylogin GmbH
- Bluink
- Ensurity
- Octatco
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