Authentication and Brand Protection Market Share by 2030
The authentication and brand protection market size is projected to reach US$ 6.68 billion by 2030 from US$ 3.34 billion in 2022. The market is expected to register a CAGR of 9.0% during 2022–2030. The rapid growth of online marketplaces is likely to remain a key trend in the market.
Authentication and Brand Protection Market Analysis
With an increase in urbanization, the reach of several brands has also increased, allowing users improved access to genuine brands. The incidences of counterfeiting are also on the rise proportionately with the increased reach of brands. The demand for authentication and brand protection technologies has been on the rise owing to the emerging new counterfeit and product-forging mechanisms that have emerged over the years. Thus, a growing safety need calls for solutions to attain an appropriate level of safety. Further to that, the upsurge in omnichannel retailing systems is a boon to the growth of the authentication and brand protection market. The omnichannel retailing systems entail efficient product allocation as well as better inventory management and real-time inventory visibility. The growth rate of the counterfeit products platform is very high, dealing specifically with the industries of food and beverages, chemicals, consumer electronics, automotive components, medical devices and pharmaceuticals, and agriculture.
Authentication and Brand Protection Market Overview
Global Authentication and Brand Protection is a multi-disciplined approach that companies across the world consider for the protection of brand integrity, intellectual property, and products from all kinds of unauthorized use, counterfeiting, and fraudulent activities. This includes an integrated strategy of product sterilization using advanced technologies and unique authentication features, such as holograms and Quick Response codes, in conjunction with RFID tags that will allow companies to track and authenticate products through the supply chain.
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Authentication and Brand Protection Market: Strategic Insights
Authentication and Brand Protection Market
-
CAGR (2022 - 2030)
9.0%
-
Market Size 2022
US$ 3.34 Billion
-
Market Size 2030
US$ 6.68 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Emphasis on Safeguarding Product and Brand Integrity
FUTURE TRENDS
- The Rapid Growth of Online Marketplaces
OPPORTUNITIES
- Emergence of Track and Trace Technologies
Key Players
- AlpVision SA
- Authentic Vision
- Applied DNA Sciences Inc
- Eastman Kodak Co
- De La Rue Plc
- Avery Dennison Corp
- Centro Grafico dg S p A
- Giesecke Devrient GmbH
- 3M Co
- Authentix
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Overt
- Covert
- Forensic
- Digital
Technology
- Security Printing & Tamper Proof Labels
- Security Inks & Coatings
- OVDS and Holograms
- Unique Codes
- Bar Codes
- RFID
- Authentication ICs
Application
- Consumer Electronics
- Automotive
- Medical
- Chemical
- Food & Beverage
- Tobacco
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Authentication and Brand Protection Market: Strategic Insights
-
CAGR (2022 - 2030)9.0% -
Market Size 2022
US$ 3.34 Billion -
Market Size 2030
US$ 6.68 Billion
Market Dynamics
- Increasing Emphasis on Safeguarding Product and Brand Integrity
- The Rapid Growth of Online Marketplaces
- Emergence of Track and Trace Technologies
Key Players
- AlpVision SA
- Authentic Vision
- Applied DNA Sciences Inc
- Eastman Kodak Co
- De La Rue Plc
- Avery Dennison Corp
- Centro Grafico dg S p A
- Giesecke Devrient GmbH
- 3M Co
- Authentix
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Overt
- Covert
- Forensic
- Digital
- Security Printing & Tamper Proof Labels
- Security Inks & Coatings
- OVDS and Holograms
- Unique Codes
- Bar Codes
- RFID
- Authentication ICs
- Consumer Electronics
- Automotive
- Medical
- Chemical
- Food & Beverage
- Tobacco
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Authentication and Brand Protection Market Drivers and Opportunities
Increasing Emphasis on Safeguarding Product and Brand Integrity
One of the major growth drivers in the authentication and brand protection market is the increasing emphasis on product and brand integrity. With rising cases of counterfeiting and protecting consumers from counterfeit products in mind, such an increasing focus has become a matter of vital concern for any business across various industries. Prominently, strong measures against the proliferation of fake goods have been most required in pharmaceuticals, food and beverage, and the consumer electronics sector to complement footprinting brand integrity and product authenticity across markets.
Emergence of Track and Trace Technologies
The arrival of track and trace technologies has emerged at the forefront, driving the authentication and brand protection market. Innovation in solutions that involve product tracing at each stage through the supply chain empowers companies with the benefit of enhanced transparency and security. These technologies will confer on a business control over everything that happens to its products, from the manufacturing stage to the selling stage; they will help in mitigating counterfeiting and other unauthorized diversions, as well as promote better building of trust between the consumer and other stakeholders. In essence, greater transparency and security—enabled through track and trace technologies—are central to underpinning brand protection strategies against these sophisticated threats of counterfeit merchandise that increase the growth rate in the modern global marketplace.
Authentication and Brand Protection Market Report Segmentation Analysis
Key segments that contributed to the derivation of the authentication and brand protection market analysis are component, technology, and application.
- Based on component, the market is segmented into overt, covert, forensic, and digital. The covert segment held a significant market share in 2022.
- In terms of technology, the market is segmented into security printing & tamper proof labels, security inks & coatings, OVDS and holograms, unique codes, bar codes, RFID, authentication ICs, and others. The security inks & coatings segment held a significant market share in 2022.
- Based on application, the market is segmented into consumer electronics, automotive, medical, chemical, food & beverage, tobacco, and others. The consumer electronics segment held a significant market share in 2022.
Authentication and Brand Protection Market Share Analysis by Geography
The geographic scope of the authentication and brand protection market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America holds a significant market share of the authentication and brand protection market, the industry is registering rapid growth in these regions. Food & beverages and pharmaceuticals are high-growth application sectors for these products. Several companies in North America have shown keen interest in developing new authentication and brand protection technologies, driven by the presence of key players and a large customer base in this region.
Authentication and Brand Protection Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 3.34 Billion |
Market Size by 2030 | US$ 6.68 Billion |
Global CAGR (2022 - 2030) | 9.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Authentication and Brand Protection Market News and Recent Developments
The authentication and brand protection market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the authentication and brand protection market are listed below:
- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with Investcorp Technology Partners ("Investcorp”) to acquire OpSec Security (“OpSec”) for $270 million in cash, subject to customary adjustments. OpSec is a global leader in brand protection and authentication solutions, serving the world’s most recognized brands, as well as government agencies and financial institutions.
(Source: Crane NXT, Co., Company Website, March 2024)
Authentication and Brand Protection Market Report Coverage and Deliverables
The “Authentication and Brand Protection Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Authentication and brand protection market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Authentication and brand protection market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Authentication and brand protection market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the authentication and brand protection market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Technology, Application, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The market is projected to record a CAGR of 9.0% during 2022–2030.
The market is expected to reach a value of US$ 6.68 billion by 2030.
AlpVision SA, Authentic Vision, Applied DNA Sciences, Inc, Eastman Kodak Co, De La Rue Plc, Avery Dennison Corp, Centro Grafico dg S.p.A, Giesecke Devrient GmbH, 3M Co, and Authentix are key players in the market.
The rapid growth of online marketplaces is a key trend in the market.
Increasing emphasis on safeguarding product and brand Integrity is driving the market.
The List of Companies - Authentication and Brand Protection Market
- AlpVision SA
- Authentic Vision
- Applied DNA Sciences, Inc
- Eastman Kodak Co
- De La Rue Plc
- Avery Dennison Corp
- Centro Grafico dg S.p.A
- Giesecke Devrient GmbH
- 3M Co
- Authentix