Global Hardware OTP Token Authentication Market Size, Status and Forecast 2025

Posted on 2018-08-06 by Mark Hub in Technology // 0 Comments

Albany, US, 2018-Aug-06 — /EPR Network/ —The market for Hardware OTP Token Authentication is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Hardware OTP Token Authentication Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the “keyword” sector is highlighted in the report which indicates a prosperous future.

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This report studies the global Hardware OTP Token Authentication market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Hardware OTP Token Authentication market by companies, region, type and end-use industry.

Hardware OTP authentication is a two-factor authentication solution that enables secure remote network access and digital signature functionality with the help of a physical hardware authenticator or a secure token. Hardware OTP utilizes a separate device or a security token issued to a user to generate a password that acts as a second factor for authentication.
HardwareOTP tokens are a product category within thetwo-factor authenticationsector, primarily used for ensuring user authentication and access management applications. Primary authentication is followed by the secondary authentication using a hardware device. Since user login authentication without the possession of hardware devices is not allowed,hardware tokensare reliable in ensuring authenticated user login. Further, hardware OTP tokens are highly instrumental in preventing any chance of network infiltration. The portability factor associated with these hardware devices also eliminates the need for external software and hardware for identity management. The enhanced level of security provided by these tokens is a significant factor reinforcing their demand across the various end-user industries around the world.

Asia-Pacific is experiencing development in the internet connectivity, and the governments in this region are trying to push for digital governance, offer services digitally to make investment and process less cumbersome. With the digital push, there has been an increased threat of data security being compromised. Financial transactions, enterprises, government, and education sectors are expected to see increased demand for the MFA in the region creating new opportunities for the hardware OTP token market.
In 2017, the global Hardware OTP Token Authentication market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Dell
Gemalto
Symantec
VASCO
Authenex
Deepnet Security
Entrust
FEITIAN Technologies
Fortinet
HID
ID Control
Nexus
PortalGuard
SecureMetric Technology
Yubico

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
USB Tokens
SIM Tokens
Mini Tokens

Market segment by Application, split into
Banking, Financial Services and Insurance (BFSI)
Healthcare
Government
PCI (Payment Card Industry)
Commercial Security
Others

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Table of Contents

Global Hardware OTP Token Authentication Market Size, Status and Forecast 2025
1 Industry Overview of Hardware OTP Token Authentication
1.1 Hardware OTP Token Authentication Market Overview
1.1.1 Hardware OTP Token Authentication Product Scope
1.1.2 Market Status and Outlook
1.2 Global Hardware OTP Token Authentication Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Hardware OTP Token Authentication Market by Type
1.3.1 USB Tokens
1.3.2 SIM Tokens
1.3.3 Mini Tokens
1.4 Hardware OTP Token Authentication Market by End Users/Application
1.4.1 Banking, Financial Services and Insurance (BFSI)
1.4.2 Healthcare
1.4.3 Government
1.4.4 PCI (Payment Card Industry)
1.4.5 Commercial Security
1.4.6 Others

2 Global Hardware OTP Token Authentication Competition Analysis by Players
2.1 Hardware OTP Token Authentication Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Dell
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.2 Gemalto
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.3 Symantec
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.4 VASCO
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.5 Authenex
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.6 Deepnet Security
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.7 Entrust
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.8 FEITIAN Technologies
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Hardware OTP Token Authentication Revenue (Million USD) (2013-2018)
3.9 Fortinet

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