The Europe Passive Authentication Market would witness market growth of 20.2% CAGR during the forecast period (2022-2028).
Fingerprint scanning is the most popular biometric authentication method, and many people use it on their smartphones to unlock their devices or make online purchases. Companies have the chance to increase their ROI by concentrating on passive authentication during this new era of customer experience.
Many businesses offer platforms, solutions, and systems for passive authentication to help consumers safeguard their data and guard against data breaches and leaks. Silent authentication is another name for passive authentication. For online transactions, it offers convenient and reliable risk-based authentication, particularly for the BFSI (banking, financial services, and insurance) industry.
With the passive authentication method, users are validated and verified through the analysis of behavioral patterns. These methods offer adaptive authentication, which allows for exact real-time analysis of a transaction's data or legitimacy. To improve the user or customer experience, businesses across a variety of sectors, including e-commerce, retail, BFSI, and information technology (IT) & telecom, are employing passive authentication techniques.
Recently, digital identification has become increasingly important in a variety of industries. In 2016, schemes such as the Gov.UK Verify project were launched. The government released a revised edition of its digital identity and characteristics trust framework in August 2021. By the end of 2021, German people will be able to save a digital version of identification cards on smartphones and utilize it as a digital ID with a PIN for authentication.
The Germany market dominated the Europe Passive Authentication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $258.9 million by 2028.The UK market is anticipated to grow at a CAGR of 19.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 21.1% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Function, the market is segmented into Compliance Management, Marketing Management, Risk Management and Others. Based on Deployment, the market is segmented into On-Premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Healthcare, Government, Retail & Consumer Goods, Media & Entertainment, IT & Telecom and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Passive Authentication Market will Hit $3.9 Billion by 2028, at a CAGR of 20.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, NEC Corporation, Fair Isaac Corporation (FICO), Experian PLC, Nuance Communications, Inc. (Microsoft Corporation), Equifax Inc., RSA Security LLC (Symphony Technology Group), and BioCatch Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Function
- Compliance Management
- Marketing Management
- Risk Management
- Others
By Deployment
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- BFSI
- Healthcare
- Government
- Retail & Consumer Goods
- Media & Entertainment
- IT & Telecom
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- NEC Corporation
- Fair Isaac Corporation (FICO)
- Experian PLC
- Nuance Communications, Inc. (Microsoft Corporation)
- Equifax Inc.
- RSA Security LLC (Symphony Technology Group)
- BioCatch Ltd.
TABLE 1 Europe Passive Authentication Market, 2018 - 2021, USD Million
TABLE 2 Europe Passive Authentication Market, 2022 - 2028, USD Million
TABLE 3 Europe Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 4 Europe Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 5 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 10 Europe Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 11 Europe Compliance Management Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Compliance Management Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Marketing Management Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Marketing Management Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Risk Management Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Risk Management Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 20 Europe Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 21 Europe On-Premise Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe On-Premise Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 26 Europe Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 27 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 32 Europe Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 33 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Government Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Retail & Consumer Goods Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Retail & Consumer Goods Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Passive Authentication Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Passive Authentication Market by Country, 2022 - 2028, USD Million
TABLE 49 Germany Passive Authentication Market, 2018 - 2021, USD Million
TABLE 50 Germany Passive Authentication Market, 2022 - 2028, USD Million
TABLE 51 Germany Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 52 Germany Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 53 Germany Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 54 Germany Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 55 Germany Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 56 Germany Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 57 Germany Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 58 Germany Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 59 Germany Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 60 Germany Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 61 UK Passive Authentication Market, 2018 - 2021, USD Million
TABLE 62 UK Passive Authentication Market, 2022 - 2028, USD Million
TABLE 63 UK Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 64 UK Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 65 UK Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 66 UK Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 67 UK Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 68 UK Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 69 UK Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 70 UK Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 71 UK Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 72 UK Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 73 France Passive Authentication Market, 2018 - 2021, USD Million
TABLE 74 France Passive Authentication Market, 2022 - 2028, USD Million
TABLE 75 France Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 76 France Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 77 France Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 78 France Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 79 France Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 80 France Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 81 France Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 82 France Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 83 France Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 84 France Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 85 Russia Passive Authentication Market, 2018 - 2021, USD Million
TABLE 86 Russia Passive Authentication Market, 2022 - 2028, USD Million
TABLE 87 Russia Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 88 Russia Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 89 Russia Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 90 Russia Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 91 Russia Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 92 Russia Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 93 Russia Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 94 Russia Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 95 Russia Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 96 Russia Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 97 Spain Passive Authentication Market, 2018 - 2021, USD Million
TABLE 98 Spain Passive Authentication Market, 2022 - 2028, USD Million
TABLE 99 Spain Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 100 Spain Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 101 Spain Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 102 Spain Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 103 Spain Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 104 Spain Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 105 Spain Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 106 Spain Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 107 Spain Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 108 Spain Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 109 Italy Passive Authentication Market, 2018 - 2021, USD Million
TABLE 110 Italy Passive Authentication Market, 2022 - 2028, USD Million
TABLE 111 Italy Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 112 Italy Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 113 Italy Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 114 Italy Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 115 Italy Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 116 Italy Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 117 Italy Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 118 Italy Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 119 Italy Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 120 Italy Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Passive Authentication Market, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Passive Authentication Market, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Passive Authentication Market by Component, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Passive Authentication Market by Component, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Passive Authentication Market by Function, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Passive Authentication Market by Function, 2022 - 2028, USD Million
TABLE 127 Rest of Europe Passive Authentication Market by Deployment, 2018 - 2021, USD Million
TABLE 128 Rest of Europe Passive Authentication Market by Deployment, 2022 - 2028, USD Million
TABLE 129 Rest of Europe Passive Authentication Market by Organization Size, 2018 - 2021, USD Million
TABLE 130 Rest of Europe Passive Authentication Market by Organization Size, 2022 - 2028, USD Million
TABLE 131 Rest of Europe Passive Authentication Market by Vertical, 2018 - 2021, USD Million
TABLE 132 Rest of Europe Passive Authentication Market by Vertical, 2022 - 2028, USD Million
TABLE 133 Key Information – Cisco Systems, Inc.
TABLE 134 Key information – IBM Corporation
TABLE 135 Key Information – Nuance Communications, Inc.
TABLE 136 KEY INFORMATION – NEC Corporation
TABLE 137 Key Information – Fair Isaac Corporation
TABLE 138 key information – Experian PLC
TABLE 139 key information – Equifax, Inc.
TABLE 140 Key Information – RSA Security LLC
TABLE 141 Key Information – BioCatch Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Cisco Systems, Inc.
FIG 3 Swot analysis: IBM Corporation
FIG 4 SWOT Analysis: Microsoft Corporation