Risk-based Authentication Market Outlook 2026 Size, Share, Trends, Opportunity and Forecast
According to TechSci Research, Global risk-based authentication market stood at more than $ 2.7 billion in 2019 and is projected to grow at a CAGR of more than 18.8% by 2026 on account of surging enterprise breaches and increasing adoption of risk-based authentication solutions in various industries such as BFSI, healthcare, etc. Moreover, rising number of connected devices backed by growing demand for mobility solution along with rising inclination towards the concept of BYOD is further contributing to the growth of global risk-based authentication market. Risk-based authentication system takes into consideration the profile of the agent requesting access to the particular system so as to reduce the risk profile associated with that transaction. Global risk-based authentication market can be categorized based on component, technology, security policies, deployment, application, end-user and regional analysis. Based on the component, the market can be bifurcate...