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.
Scope of the Report:
This report studies the Hardware OTP Token Authentication market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Hardware OTP Token Authentication market by product type and applications/end industries.
Hardware OTP tokens are a product category within the two-factor authentication sector, 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 tokens are 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.
The global Hardware OTP Token Authentication market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Hardware OTP Token Authentication.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Dell
Gemalto
Symantec
VASCO
Authenex
Deepnet Security
Entrust
FEITIAN Technologies
Fortinet
HID
ID Control
Nexus
PortalGuard
SecureMetric Technology
Yubico
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
USB Tokens
SIM Tokens
Mini Tokens
Market Segment by Applications, can be divided into
Banking, Financial Services and Insurance (BFSI)
Healthcare
Government
PCI (Payment Card Industry)
Commercial Security
Others
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Hardware OTP Token Authentication Market Overview
1.1 Product Overview and Scope of Hardware OTP Token Authentication
1.2 Classification of Hardware OTP Token Authentication by Types
1.2.1 Global Hardware OTP Token Authentication Revenue Comparison by Types (2017-2023)
1.2.2 Global Hardware OTP Token Authentication Revenue Market Share by Types in 2017
1.2.3 USB Tokens
1.2.4 SIM Tokens
1.2.5 Mini Tokens
1.3 Global Hardware OTP Token Authentication Market by Application
1.3.1 Global Hardware OTP Token Authentication Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Banking, Financial Services and Insurance (BFSI)
1.3.3 Healthcare
1.3.4 Government
1.3.5 PCI (Payment Card Industry)
1.3.6 Commercial Security
1.3.7 Others
1.4 Global Hardware OTP Token Authentication Market by Regions
1.4.1 Global Hardware OTP Token Authentication Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Hardware OTP Token Authentication Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Hardware OTP Token Authentication Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Hardware OTP Token Authentication Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Hardware OTP Token Authentication Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Hardware OTP Token Authentication Status and Prospect (2013-2023)
1.5 Global Market Size of Hardware OTP Token Authentication (2013-2023)
2 Manufacturers Profiles
2.1 Dell
2.1.1 Business Overview
2.1.2 Hardware OTP Token Authentication Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Dell Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.2 Gemalto
2.2.1 Business Overview
2.2.2 Hardware OTP Token Authentication Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Gemalto Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.3 Symantec
2.3.1 Business Overview
2.3.2 Hardware OTP Token Authentication Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Symantec Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.4 VASCO
2.4.1 Business Overview
2.4.2 Hardware OTP Token Authentication Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 VASCO Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.5 Authenex
2.5.1 Business Overview
2.5.2 Hardware OTP Token Authentication Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Authenex Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.6 Deepnet Security
2.6.1 Business Overview
2.6.2 Hardware OTP Token Authentication Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Deepnet Security Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.7 Entrust
2.7.1 Business Overview
2.7.2 Hardware OTP Token Authentication Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Entrust Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.8 FEITIAN Technologies
2.8.1 Business Overview
2.8.2 Hardware OTP Token Authentication Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 FEITIAN Technologies Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.9 Fortinet
2.9.1 Business Overview
2.9.2 Hardware OTP Token Authentication Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Fortinet Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.10 HID
2.10.1 Business Overview
2.10.2 Hardware OTP Token Authentication Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 HID Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.11 ID Control
2.11.1 Business Overview
2.11.2 Hardware OTP Token Authentication Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 ID Control Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.12 Nexus
2.12.1 Business Overview
2.12.2 Hardware OTP Token Authentication Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Nexus Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.13 PortalGuard
2.13.1 Business Overview
2.13.2 Hardware OTP Token Authentication Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 PortalGuard Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.14 SecureMetric Technology
2.14.1 Business Overview
2.14.2 Hardware OTP Token Authentication Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 SecureMetric Technology Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
2.15 Yubico
2.15.1 Business Overview
2.15.2 Hardware OTP Token Authentication Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Yubico Hardware OTP Token Authentication Revenue, Gross Margin and Market Share (2016-2017)
3 Global Hardware OTP Token Authentication Market Competition, by Players
3.1 Global Hardware OTP Token Authentication Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Hardware OTP Token Authentication Players Market Share
3.2.2 Top 10 Hardware OTP Token Authentication Players Market Share
3.3 Market Competition Trend
4 Global Hardware OTP Token Authentication Market Size by Regions
4.1 Global Hardware OTP Token Authentication Revenue and Market Share by Regions
4.2 North America Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
4.3 Europe Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
4.5 South America Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
5 North America Hardware OTP Token Authentication Revenue by Countries
5.1 North America Hardware OTP Token Authentication Revenue by Countries (2013-2018)
5.2 USA Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
5.3 Canada Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
5.4 Mexico Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
6 Europe Hardware OTP Token Authentication Revenue by Countries
6.1 Europe Hardware OTP Token Authentication Revenue by Countries (2013-2018)
6.2 Germany Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
6.3 UK Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
6.4 France Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
6.5 Russia Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
6.6 Italy Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Hardware OTP Token Authentication Revenue by Countries
7.1 Asia-Pacific Hardware OTP Token Authentication Revenue by Countries (2013-2018)
7.2 China Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
7.3 Japan Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
7.4 Korea Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
7.5 India Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
8 South America Hardware OTP Token Authentication Revenue by Countries
8.1 South America Hardware OTP Token Authentication Revenue by Countries (2013-2018)
8.2 Brazil Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
8.3 Argentina Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
8.4 Colombia Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Hardware OTP Token Authentication by Countries
9.1 Middle East and Africa Hardware OTP Token Authentication Revenue by Countries (2013-2018)
9.2 Saudi Arabia Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
9.3 UAE Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
9.4 Egypt Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
9.5 Nigeria Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
9.6 South Africa Hardware OTP Token Authentication Revenue and Growth Rate (2013-2018)
10 Global Hardware OTP Token Authentication Market Segment by Type
10.1 Global Hardware OTP Token Authentication Revenue and Market Share by Type (2013-2018)
10.2 Global Hardware OTP Token Authentication Market Forecast by Type (2018-2023)
10.3 USB Tokens Revenue Growth Rate (2013-2023)
10.4 SIM Tokens Revenue Growth Rate (2013-2023)
10.5 Mini Tokens Revenue Growth Rate (2013-2023)
11 Global Hardware OTP Token Authentication Market Segment by Application
11.1 Global Hardware OTP Token Authentication Revenue Market Share by Application (2013-2018)
11.2 Hardware OTP Token Authentication Market Forecast by Application (2018-2023)
11.3 Banking, Financial Services and Insurance (BFSI) Revenue Growth (2013-2018)
11.4 Healthcare Revenue Growth (2013-2018)
11.5 Government Revenue Growth (2013-2018)
11.6 PCI (Payment Card Industry) Revenue Growth (2013-2018)
11.7 Commercial Security Revenue Growth (2013-2018)
11.8 Others Revenue Growth (2013-2018)
12 Global Hardware OTP Token Authentication Market Size Forecast (2018-2023)
12.1 Global Hardware OTP Token Authentication Market Size Forecast (2018-2023)
12.2 Global Hardware OTP Token Authentication Market Forecast by Regions (2018-2023)
12.3 North America Hardware OTP Token Authentication Revenue Market Forecast (2018-2023)
12.4 Europe Hardware OTP Token Authentication Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Hardware OTP Token Authentication Revenue Market Forecast (2018-2023)
12.6 South America Hardware OTP Token Authentication Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Hardware OTP Token Authentication Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Hardware OTP Token Authentication Picture
Table Product Specifications of Hardware OTP Token Authentication
Table Global Hardware OTP Token Authentication and Revenu