Advanced Authentication in Public Sector Enterprises Market 2022 Status and Business Outlook - NetMotion Software, Inc, CJIS Solutions LLC, MicroFocus International PLC, Auth0 inc.

The Advanced Authentication in Public Sector Enterprises Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Advanced Authentication Market in Public Sector Enterprises is expected to register a CAGR of 20.3 % during the forecast period from 2021 to 2026.

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Top Leading Companies of Advanced Authentication in Public Sector Enterprises Market are NetMotion Software, Inc, CJIS Solutions LLC, MicroFocus International PLC, Auth0 inc., WideBand Corporation, Fujitsu Ltd, Thales Group (Gemalto NV), NEC Corporation, Broadcom Inc. (CA Technologies Inc.), Dell Technologies Inc, Safran Identity and Security and others.

Industry News and Updates

May 2020 - NEC Corporation announced the development of a multimodal biometric authentication terminal incorporating face and iris recognition technologies that have been recognized as the topmost in benchmark tests for identification technologies conducted by the U.S. National Institute of Standards and Technology (NIST), and are core technologies of NEC's multimodal biometric authentication brand, Bio-IDiom.

- January 2020 - Thales started applying techniques from the aerospace industry to enhance its Biometric Matching System (BMS) performance and lower detrimental impact on the environment by requiring up to 75 % fewer servers and energy overall, the company announced. The Biometric Matching System leverages Field-Programmable Gate Array (FPGA) technology from Gemalto NV. Thales notes its BMS is at the center of government digital identification systems that need real-time action, such as Entry/Exit systems used by border agencies.

Key Market Trends

North America is Expected to Hold Major Share

- Due to the recent development of the United States government, the North American region is expected to be a significant player in the market. On 28th January 2020, Federal CIO Suzette Kent mentioned that the U.S. government is implementing a zero-trust, and concepts, like advanced authentication through multifactor authentication, are crucial. Furthermore, the Ponemon Institute ranked public enterprises very low when it comes to monetary loss due to public hacking agencies. On 23rd January 2020, the U.S. government reported that at least five of the government's systems had malware planted by North Korea to access the vital information about the country. Instances like these would require the usage of robust advanced authentication systems in the region.

- The colossal data breach of government agency ever recorded was in 2015, when the data of 21.5 million people had swept away from the computers of government agencies in the United States. The U.S. government in 2019 reported that at least 98 attempts were made to hack the defense enterprises in 2019 alone. Further, SolarWinds' Federal Cybersecurity Survey, which covers the U.S. public sector, found that 52% of respondents identified foreign governments as the greatest threat, up from 34% five years ago. The hacking of government agencies has become primary propaganda too.

Regional Outlook of Advanced Authentication in Public Sector Enterprises Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Advanced Authentication in Public Sector Enterprises Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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