Single-factor authentication (SFA) is a process for securing access to a given system, such as a network or website, that identifies the party requesting access through only one category of credentials.
Market Analysis and Insights: Global Single Factor Authentication System Market
Prior to COVID-19, the market for Single Factor Authentication System was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of XX% during 2021–2026, whereas post-COVID-19 scenario, the market for Single Factor Authentication System is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026. The solicitation of proposals by the governments and public–private companies across the world to mitigate the impact of the COVID-19 pandemic is the key factor propelling the growth of the Single Factor Authentication System market.
Global Single Factor Authentication System Scope and Market Size
Single Factor Authentication System market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Single Factor Authentication System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Single Factor Authentication System market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyzes the impact of Coronavirus COVID-19 on the Single Factor Authentication System industry.
The following players are covered in this report:
Daon
Facebanx
Assa Abloy(HID Global)
Suprema
IriTech
M2SYS Technology
Safran
NEC Technologies
Fujitsu
Thales Group
Cognitec Systems
BIO-key International
Precise Biometrics
secunet
Single Factor Authentication System Breakdown Data by Type
Fingerprint Recognition
Iris Recognition
Face Recognition
Vein Recognition
Signature Recognition
Voice Recognition
Others
Single Factor Authentication System Breakdown Data by Application
Government
Military & Defense
Healthcare
Automotive
BFSI
Consumer Electronics
Others
Summary:
Get latest Market Research Reports on Single Factor Authentication System. Industry analysis & Market Report on Single Factor Authentication System is a syndicated market report, published as Covid-19 Impact on Global Single Factor Authentication System Market Size, Status and Forecast 2020-2026. It is complete Research Study and Industry Analysis of Single Factor Authentication System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.