The user authentication solution refers to verification of a wide
range of transfers of human to machine credentials which require the
authenticity of the user for confirmation. In contrast the term
machine authentication refers to automated process which does not
require a human input. User authentication is required in all human
to computer interaction other than automatically and guest logged in
to a particular account. The authentication authorizes human to
machine interaction on wireless and wired networks so that the system
can provide access to internet and network connected resources and
systems. There has been significant advancement in the field of user
authentication. Traditionally the user authentication involved a
password combination and simple ID. Now there are a wide range of
user authentication factors which has been included for the
improvement and enhancement of security in the communications.
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The user authentication solution market by authentication factor
could be segmented into possession factors, knowledge factors and
inherence factors. The knowledge factor require the user to have a
certain exclusive knowledge which may include ID password and User
names or pin number which is exclusively known by the user fall under
this category. Possession factor include all the attributed which the
user needs to possess in order to log in. Some of the possession
factors may include smart phone apps, key fobs, SIM Card and employee
ID card among others. Inherence factor include different inherent
traits which the user require for the confirmation of the user login.
The inherence factors may include component like retina scans,
biometrics, finger vein scans, fingerprint scans, voice recognition
and facial recognition among others. The knowledge factors segment in
the authentication solution market segmented by authentication factor
held the largest share in the authentication solution market in term
of revenue share. Knowledge factor is most widely used for the user
authentication by users thus resulting in this high revenue share.
The user authentication solution market by type has been segmented
into single factor authentication and two factor authentication. The
two factor segment in the user authentication solution market
segmented by type held the largest market share in terms of revenue.
The two factor authentication products could be divided into token or
a hardware and software which recognizes and authenticates a
particular individual at the time of logging in.
The user authentication solution market by end use industry has been
segmented into Defense and Surveillance sector, automotive industry,
healthcare sector, telecommunication industry, consumer electronics,
IT sector, service sector and others. The telecommunication sector
segment in the user authentication solution market segmented by end
use industry is expected to lead the market in terms of revenue
share. The healthcare sector is expected to grow at the fastest rate
over the next few years.
Geographically the global user authentication solution market has
been broadly segmented into North America, Europe, Middle East and
Africa, Asia Pacific and Rest of the World. North America leads the
global user authentication solution market. Europe followed North
America in terms of revenue share. Asia Pacific is expected to grow
at the fastest rate over the next few years in terms of revenue
growth in the user authentication solution market. The user
authentication solution has high adoption rate in North America, thus
resulting in the high revenue share. Huge growth in demand for smart
phones, tablets and laptops is expected to result in the high growth
rate for the user authentication market in Asia Pacific.
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Some of the key players operating in the user authentication market
include Computer Sciences Corp. (Virginia, U.S.), CA Technologies
Inc. (New York, U.S.), GermaltoNV (Amsterdam, The Netherland),
SecureAuth (U.S.), VASCO Data Security International Inc. (Illinois,
U.S.) and SecurEnvoy Ltd (U.K.) among others.
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