Hardware OTP Token Authentication Market 2028 BY Type, End user and Geography | The Insight Partners

Hardware OTP Token Authentication Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Connected, Disconnected, Contactless); End-user (BFSI, Government, Enterprise Security, Others) and Geography

Report Code: TIPRE00004281 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming

MARKET OVERVIEW


The increase in the number of mobile-based transactions has driven the growth of global hardware OTP token authentication market. Hardware OTP token authentication assists organizations to secure their data with two-way authentication. Increase in mobile banking services is the primary factor that is expected to drive the growth of hardware OTP token authentication market.

MARKET SCOPE


The "Global Hardware OTP Token Authentication Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the hardware OTP token authentication market with detailed market segmentation by type, end user, and geography. The report provides key statistics on the market status of the leading hardware OTP token authentication market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION


  • Based on type, the market is segmented into connected, disconnected, and contactless.
  • Based on end user, the market is segmented into BFSI, government, enterprise security, and others.

MARKET DYNAMICS


Drivers


  • Increasing cyber-attacks and growing concerns towards providing secure transaction are the significant factors that are expected to drive the growth of this hardware OTP token authentication.
  • Increased cybersecurity spending by the organizations related to the BFSI sector is creating opportunities for the companies operating in the Hardware OTP token authentication market to gain a broad customer base.

Restraints


  • High replacement cost may hinder the growth of the hardware OTP token authentication market.

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The hardware OTP token authentication market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the hardware OTP token authentication market in these regions.

IMPACT OF COVID-19 ON HARDWARE OTP TOKEN AUTHENTICATION MARKET


COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.

MARKET PLAYERS


The report covers key developments in the hardware OTP token authentication market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the hardware OTP token authentication market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hardware OTP token authentication market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Dell Inc.
  • Duo
  • Entrust Corporation.
  • FEITIAN Technologies Co., Ltd.
  • Microcosm Ltd.
  • One Identity LLC.
  • OneSpan
  • RSA Security LLC
  • SurePassID, Corp.
  • Thales Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hardware OTP Token Authentication Market - By Type
1.3.2 Hardware OTP Token Authentication Market - By End user
1.3.3 Hardware OTP Token Authentication Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. HARDWARE OTP TOKEN AUTHENTICATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. HARDWARE OTP TOKEN AUTHENTICATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. HARDWARE OTP TOKEN AUTHENTICATION MARKET - GLOBAL MARKET ANALYSIS
6.1. HARDWARE OTP TOKEN AUTHENTICATION - GLOBAL MARKET OVERVIEW
6.2. HARDWARE OTP TOKEN AUTHENTICATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. HARDWARE OTP TOKEN AUTHENTICATION MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONNECTED
7.3.1. Overview
7.3.2. Connected Market Forecast and Analysis
7.4. DISCONNECTED
7.4.1. Overview
7.4.2. Disconnected Market Forecast and Analysis
7.5. CONTACTLESS
7.5.1. Overview
7.5.2. Contactless Market Forecast and Analysis

8. HARDWARE OTP TOKEN AUTHENTICATION MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. BFSI
8.3.1. Overview
8.3.2. BFSI Market Forecast and Analysis
8.4. GOVERNMENT
8.4.1. Overview
8.4.2. Government Market Forecast and Analysis
8.5. ENTERPRISE SECURITY
8.5.1. Overview
8.5.2. Enterprise Security Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. HARDWARE OTP TOKEN AUTHENTICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hardware OTP Token Authentication Market Overview
9.1.2 North America Hardware OTP Token Authentication Market Forecasts and Analysis
9.1.3 North America Hardware OTP Token Authentication Market Forecasts and Analysis - By Type
9.1.4 North America Hardware OTP Token Authentication Market Forecasts and Analysis - By End user
9.1.5 North America Hardware OTP Token Authentication Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hardware OTP Token Authentication Market
9.1.5.1.1 United States Hardware OTP Token Authentication Market by Type
9.1.5.1.2 United States Hardware OTP Token Authentication Market by End user
9.1.5.2 Canada Hardware OTP Token Authentication Market
9.1.5.2.1 Canada Hardware OTP Token Authentication Market by Type
9.1.5.2.2 Canada Hardware OTP Token Authentication Market by End user
9.1.5.3 Mexico Hardware OTP Token Authentication Market
9.1.5.3.1 Mexico Hardware OTP Token Authentication Market by Type
9.1.5.3.2 Mexico Hardware OTP Token Authentication Market by End user
9.2. EUROPE
9.2.1 Europe Hardware OTP Token Authentication Market Overview
9.2.2 Europe Hardware OTP Token Authentication Market Forecasts and Analysis
9.2.3 Europe Hardware OTP Token Authentication Market Forecasts and Analysis - By Type
9.2.4 Europe Hardware OTP Token Authentication Market Forecasts and Analysis - By End user
9.2.5 Europe Hardware OTP Token Authentication Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hardware OTP Token Authentication Market
9.2.5.1.1 Germany Hardware OTP Token Authentication Market by Type
9.2.5.1.2 Germany Hardware OTP Token Authentication Market by End user
9.2.5.2 France Hardware OTP Token Authentication Market
9.2.5.2.1 France Hardware OTP Token Authentication Market by Type
9.2.5.2.2 France Hardware OTP Token Authentication Market by End user
9.2.5.3 Italy Hardware OTP Token Authentication Market
9.2.5.3.1 Italy Hardware OTP Token Authentication Market by Type
9.2.5.3.2 Italy Hardware OTP Token Authentication Market by End user
9.2.5.4 United Kingdom Hardware OTP Token Authentication Market
9.2.5.4.1 United Kingdom Hardware OTP Token Authentication Market by Type
9.2.5.4.2 United Kingdom Hardware OTP Token Authentication Market by End user
9.2.5.5 Russia Hardware OTP Token Authentication Market
9.2.5.5.1 Russia Hardware OTP Token Authentication Market by Type
9.2.5.5.2 Russia Hardware OTP Token Authentication Market by End user
9.2.5.6 Rest of Europe Hardware OTP Token Authentication Market
9.2.5.6.1 Rest of Europe Hardware OTP Token Authentication Market by Type
9.2.5.6.2 Rest of Europe Hardware OTP Token Authentication Market by End user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hardware OTP Token Authentication Market Overview
9.3.2 Asia-Pacific Hardware OTP Token Authentication Market Forecasts and Analysis
9.3.3 Asia-Pacific Hardware OTP Token Authentication Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Hardware OTP Token Authentication Market Forecasts and Analysis - By End user
9.3.5 Asia-Pacific Hardware OTP Token Authentication Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hardware OTP Token Authentication Market
9.3.5.1.1 Australia Hardware OTP Token Authentication Market by Type
9.3.5.1.2 Australia Hardware OTP Token Authentication Market by End user
9.3.5.2 China Hardware OTP Token Authentication Market
9.3.5.2.1 China Hardware OTP Token Authentication Market by Type
9.3.5.2.2 China Hardware OTP Token Authentication Market by End user
9.3.5.3 India Hardware OTP Token Authentication Market
9.3.5.3.1 India Hardware OTP Token Authentication Market by Type
9.3.5.3.2 India Hardware OTP Token Authentication Market by End user
9.3.5.4 Japan Hardware OTP Token Authentication Market
9.3.5.4.1 Japan Hardware OTP Token Authentication Market by Type
9.3.5.4.2 Japan Hardware OTP Token Authentication Market by End user
9.3.5.5 South Korea Hardware OTP Token Authentication Market
9.3.5.5.1 South Korea Hardware OTP Token Authentication Market by Type
9.3.5.5.2 South Korea Hardware OTP Token Authentication Market by End user
9.3.5.6 Rest of Asia-Pacific Hardware OTP Token Authentication Market
9.3.5.6.1 Rest of Asia-Pacific Hardware OTP Token Authentication Market by Type
9.3.5.6.2 Rest of Asia-Pacific Hardware OTP Token Authentication Market by End user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hardware OTP Token Authentication Market Overview
9.4.2 Middle East and Africa Hardware OTP Token Authentication Market Forecasts and Analysis
9.4.3 Middle East and Africa Hardware OTP Token Authentication Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Hardware OTP Token Authentication Market Forecasts and Analysis - By End user
9.4.5 Middle East and Africa Hardware OTP Token Authentication Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hardware OTP Token Authentication Market
9.4.5.1.1 South Africa Hardware OTP Token Authentication Market by Type
9.4.5.1.2 South Africa Hardware OTP Token Authentication Market by End user
9.4.5.2 Saudi Arabia Hardware OTP Token Authentication Market
9.4.5.2.1 Saudi Arabia Hardware OTP Token Authentication Market by Type
9.4.5.2.2 Saudi Arabia Hardware OTP Token Authentication Market by End user
9.4.5.3 U.A.E Hardware OTP Token Authentication Market
9.4.5.3.1 U.A.E Hardware OTP Token Authentication Market by Type
9.4.5.3.2 U.A.E Hardware OTP Token Authentication Market by End user
9.4.5.4 Rest of Middle East and Africa Hardware OTP Token Authentication Market
9.4.5.4.1 Rest of Middle East and Africa Hardware OTP Token Authentication Market by Type
9.4.5.4.2 Rest of Middle East and Africa Hardware OTP Token Authentication Market by End user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hardware OTP Token Authentication Market Overview
9.5.2 South and Central America Hardware OTP Token Authentication Market Forecasts and Analysis
9.5.3 South and Central America Hardware OTP Token Authentication Market Forecasts and Analysis - By Type
9.5.4 South and Central America Hardware OTP Token Authentication Market Forecasts and Analysis - By End user
9.5.5 South and Central America Hardware OTP Token Authentication Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hardware OTP Token Authentication Market
9.5.5.1.1 Brazil Hardware OTP Token Authentication Market by Type
9.5.5.1.2 Brazil Hardware OTP Token Authentication Market by End user
9.5.5.2 Argentina Hardware OTP Token Authentication Market
9.5.5.2.1 Argentina Hardware OTP Token Authentication Market by Type
9.5.5.2.2 Argentina Hardware OTP Token Authentication Market by End user
9.5.5.3 Rest of South and Central America Hardware OTP Token Authentication Market
9.5.5.3.1 Rest of South and Central America Hardware OTP Token Authentication Market by Type
9.5.5.3.2 Rest of South and Central America Hardware OTP Token Authentication Market by End user

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. HARDWARE OTP TOKEN AUTHENTICATION MARKET, KEY COMPANY PROFILES
11.1. DELL INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DUO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ENTRUST CORPORATION.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FEITIAN TECHNOLOGIES CO., LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MICROCOSM LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ONE IDENTITY LLC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ONESPAN
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RSA SECURITY LLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUREPASSID, CORP.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THALES GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS

The List of Companies
  1. Dell Inc.
  2. Duo
  3. Entrust Corporation.
  4. FEITIAN Technologies Co., Ltd.
  5. Microcosm Ltd.
  6. One Identity LLC.
  7. OneSpan
  8. RSA Security LLC
  9. SurePassID, Corp.
  10. Thales Group
TIPRE00004281
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