Global Passive Authentication Market Size & Outlook
The passive authentication industry worldwide is expected to reach a projected revenue of US$ 6,766.6 million by 2030. A compound annual growth rate of 22.4% is expected of the worldwide passive authentication industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,639.6
Forecast, 2030 (US$M)
$6,766.6
CAGR, 2024 - 2030
22.4%
Report Coverage
Worldwide
Global passive authentication market, 2018-2030 (US$M)
Global passive authentication market highlights
- The global passive authentication market generated a revenue of USD 1,639.6 million in 2023 and is expected to reach USD 6,766.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 22.4% by 2030.
- In terms of segment, solution accounted for a revenue of USD 1,639.6 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,639.6 million |
| Market revenue in 2030 | USD 6,766.6 million |
| Growth rate | 22.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 39.0% of the global passive authentication market in 2023.
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Passive Authentication Market Scope
Passive authentication market segmentation & scope
Organization Size
Large Enterprises
SMEs
Deployment Model
On Premise
Cloud
Function
Compliance Management
Marketing Management
Risk management
Others
Vertical
BFSI
Government
IT & Telecommunications
Retail & Consumer Goods
Healthcare
Media & Entertainment
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
UK
Sweden
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Australia
China
India
Japan
South Korea
Thailand
Passive Authentication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global passive authentication market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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