Global risk-based authentication market stood at more than $ 2.7 billion in 2019 and is projected to grow at a CAGR of more than 18.8% by 2026 on account of surging enterprise breaches and increasing adoption of risk-based authentication solutions in various industries such as BFSI, healthcare, etc. Moreover, rising number of connected devices backed by growing demand for mobility solution along with rising inclination towards the concept of BYOD is further contributing to the growth of global risk-based authentication market. Risk-based authentication system takes into consideration the profile of the agent requesting access to the particular system so as to reduce the risk profile associated with that transaction.
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Major players operating in global risk-based authentication market include International Business Machines Corporation, Micro Focus International plc, CA, Inc., RSA Security LLC, Okta, Inc., etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, IBM offers risk-based authentication solutions by bringing together IBM Trusteer Pinpoint Detect and IBM Security Access Manager. The solution assesses high-risk factors, analyzes session information and protects against fraudulent transactions.
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https://www.techsciresearch.com/report/risk-based-authentication-market/3919.html
Major players operating in global risk-based authentication market include International Business Machines Corporation, Micro Focus International plc, CA, Inc., RSA Security LLC, Okta, Inc., etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, IBM offers risk-based authentication solutions by bringing together IBM Trusteer Pinpoint Detect and IBM Security Access Manager. The solution assesses high-risk factors, analyzes session information and protects against fraudulent transactions.
Global risk-based authentication market stood at more than $ 2.7 billion in 2019 and is projected to grow at a CAGR of more than 18.8% by 2026 on account of surging enterprise breaches and increasing adoption of risk-based authentication solutions in various industries such as BFSI, healthcare, etc. Moreover, rising number of connected devices backed by growing demand for mobility solution along with rising inclination towards the concept of BYOD is further contributing to the growth of global risk-based authentication market. Risk-based authentication system takes into consideration the profile of the agent requesting access to the particular system so as to reduce the risk profile associated with that transaction.
Download Free Sample Report:
https://www.techsciresearch.com/sample-report.aspx?cid=3919
(Use your Corporate E-mail Id for Faster Response)
For More Information Visit:
https://www.techsciresearch.com/report/risk-based-authentication-market/3919.html
Major players operating in global risk-based authentication market include International Business Machines Corporation, Micro Focus International plc, CA, Inc., RSA Security LLC, Okta, Inc., etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, IBM offers risk-based authentication solutions by bringing together IBM Trusteer Pinpoint Detect and IBM Security Access Manager. The solution assesses high-risk factors, analyzes session information and protects against fraudulent transactions.
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