Hardware OTP Token Authentication Market Report: Trends, Forecast and Competitive Analysis to 2031
상품코드:1832527
리서치사:Lucintel
발행일:2025년 10월
페이지 정보:영문 150 Pages
라이선스 & 가격 (부가세 별도)
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한글목차
하드웨어 OTP 토큰 인증 세계 시장 전망은 은행 및 금융 서비스, 전자상거래, 헬스케어, 정부 및 공공기관, 엔터프라이즈 시장에서의 기회로 유망합니다. 하드웨어 OTP 토큰 인증 세계 시장은 2025-2031년 연평균 복합 성장률(CAGR) 7.0%를 보일 것으로 예측됩니다. 이 시장의 주요 촉진요인은 업계 전반에서 안전한 인증 방식에 대한 수요가 증가하고 있으며, 기업의 데이터 유출 및 사이버 공격에 대한 우려가 증가하고, 보안 강화를 위해 다단계 인증의 채택이 확대되고 있다는 점입니다.
Lucintel은 유형별로는 시간 기반 일회용 비밀번호가 예측 기간 동안 가장 큰 부문을 차지할 것으로 예상하고 있습니다.
용도별로는 은행 및 금융 서비스가 가장 높은 성장세를 보일 것으로 예측됩니다.
지역별로는 아시아태평양이 예측 기간 동안 가장 높은 성장세를 보일 것으로 예측됩니다.
하드웨어 OTP 토큰 인증 시장의 새로운 트렌드
새로운 기술과 비즈니스 관행과 함께 보안에 대한 요구가 높아지면서 하드웨어 OTP 토큰 인증 시장이 크게 성장하고 있습니다. 기밀 정보를 보호하고자 하는 기업들은 다단계 인증을 더욱 중요시하고 있으며, 이에 따라 하드웨어 OTP 토큰의 필요성이 점점 더 커지고 있습니다. 여기서는 산업을 형성하고 있는 발전의 일부를 소개합니다.
생체인증 기능 도입: 점점 더 많은 기업들이 하드웨어 OTP 토큰에 얼굴인증, 지문인식 등 생체인증을 도입하여 보안을 강화하고 있습니다. 이 이중 형태는 사용자가 토큰뿐만 아니라 생체인식을 통해 인증되기 때문에 더 높은 수준의 보안을 보장합니다.
클라우드 기반 OTP 솔루션: 토큰의 클라우드 기반 OTP 솔루션은 원격으로 이용할 수 있어 비즈니스에서 활용이 확대되고 있습니다. 이는 유연성과 안전성을 동시에 유지할 수 있기 때문에 원격지에 팀을 둔 기업에게 유리합니다. 또한, 클라우드 기반 솔루션은 물리적 하드웨어를 구매할 필요가 없기 때문에 비용을 절감할 수 있습니다.
모바일 OTP 토큰 인증: 모바일 기기의 개인 및 업무 이용이 증가함에 따라 휴대폰을 OTP 토큰으로 사용하는 것이 점점 더 보편화되고 있습니다. 모바일 OTP 인증은 암호화 및 기타 보호 수단을 통해 강력한 보안을 제공하면서도 사용자 친화적이고 간편합니다.
정부 및 공공 부문에서의 채택: 전 세계 정부는 사이버 보안 강화에 주력하고 있으며, OTP 토큰에 많은 투자를 하고 있습니다. 정부 부문에서는 데이터 보호 규제가 필수적이기 때문에 데이터와 디지털 서비스에 안전하게 접근할 수 있는 하드웨어 OTP 토큰의 채택이 증가하고 있으며, 이는 중요한 성장 분야가 되고 있습니다.
사용자 경험 중시: 휴대폰용 하드웨어 OTP 토큰을 터치스크린 모델로 전환하여 인증 과정에서의 마찰을 줄이는 것이 기업에게 점점 더 중요한 분야가 되고 있습니다. 또한, 근접 기반 솔루션과 같은 보다 안전한 인증 방법의 사용으로 전반적인 사용자 경험이 향상되고 있습니다.
이러한 개발로 하드웨어 OTP 토큰 인증 시장의 혁신성, 범용성, 사용 편의성이 향상되고 있습니다. 사이버 위협이 더욱 교묘해짐에 따라 향후 몇 년 동안 더 많은 기술 혁신이 예상됩니다.
하드웨어 OTP 토큰 인증 시장의 최근 트렌드
현재 기업들은 엄격한 규정 준수와 기밀 데이터 보호에 중점을 두고 있기 때문에 하드웨어 OTP 토큰 인증 시장은 몇 가지 중요한 발전을 이루었습니다. 이러한 배경에서 이번에 소개할 5가지 개발이 중요하다:
클라우드 기반 OTP 솔루션: 클라우드 기반 OTP 솔루션: 기존의 하드웨어 토큰을 대체할 수 있는 유연하고 확장성이 높은 솔루션으로 클라우드 기반 OTP 솔루션이 있습니다. 클라우드 기반 OTP 솔루션은 비용 효율성이 높고, 원격지 및 분산된 직원들의 보안을 쉽게 확보할 수 있어 비즈니스 도입이 용이합니다.
생체인증과 OTP 토큰의 통합: 가장 중요한 발전 중 하나는 하드웨어 OTP 토큰에 통합된 생체인증을 채택한 것입니다.
스마트 OTP 토큰 채택: 편리성 때문에 고유한 비밀코드를 생성하는 USB 스틱이나 카드와 같은 스마트 OTP 토큰의 이용이 증가하고 있습니다. 이러한 장치는 변조가 불가능하거나 위조될 가능성이 낮은 등 추가적인 보호 기능을 갖추고 있어 안전성이 높으며, 높은 수준의 보안 설정에 적합합니다.
규제 대응 및 데이터 보호: GDPR(EU 개인정보보호규정) 및 CCPA와 같은 데이터 보호법 시행에 따라 하드웨어 OTP 토큰에 대한 시장 수요가 급증하고 있습니다. 기업들은 이 토큰을 이용하여 프레임워크에서 규정한 법적 규정을 준수하고, 사이버 공격으로부터 민감한 고객 정보를 보호하고 있습니다.
헬스케어 및 금융 부문에서의 폭넓은 활용: 하드웨어 OTP 토큰 시장의 성장에 가장 크게 기여하고 있는 분야는 금융 서비스 및 헬스케어 분야입니다. 이 두 부서는 기밀 정보의 보안에 대해 매우 신중하며, 하드웨어 OTP 토큰은 고객 및 환자 관련 데이터를 보호하기 위한 통합 시스템의 일부로 사용되고 있습니다.
하드웨어 OTP 토큰 인증 시장은 보안성이 높고, 컴플라이언스에 부합하며, 사용자 친화적인 대안을 제시함으로써 이러한 변화를 빠르게 진행하고 있습니다. 혁신적인 기술 채택, 규제 요구, 사이버 보안에 대한 관심 증가는 모두 시장 성장을 가속할 것으로 예상되는 요인입니다.
목차
제1장 주요 요약
제2장 시장 개요
배경과 분류
공급망
제3장 시장 동향과 예측 분석
업계 촉진요인과 과제
PESTLE 분석
특허 분석
규제 환경
제4장 세계의 하드웨어 OTP 토큰 인증 시장 : 유형별
개요
유형별 : 매력 분석
시간 기반 원타임파스워드 : 동향과 예측(2019-2031년)
카운터 기반 원타임파스워드 : 동향과 예측(2019-2031년)
챌린지 리스폰스 인증 : 동향과 예측(2019-2031년)
이벤트 기반 원타임 패스워트 토큰 : 동향과 예측(2019-2031년)
제5장 세계의 하드웨어 OTP 토큰 인증 시장 : 용도별
개요
용도별 : 매력 분석
은행 및 금융 서비스 : 동향과 예측(2019-2031년)
E-Commerce : 동향과 예측(2019-2031년)
헬스케어 : 동향과 예측(2019-2031년)
정부 및 공공 부문 : 동향과 예측(2019-2031년)
기업 : 동향과 예측(2019-2031년)
제6장 세계의 하드웨어 OTP 토큰 인증 시장 : 폼팩터별
개요
폼팩터별 : 매력 분석
하드웨어 토큰 : 동향과 예측(2019-2031년)
모바일 기반 토큰 : 동향과 예측(2019-2031년)
소프트 토큰 : 동향과 예측(2019-2031년)
클라우드 기반 토큰 : 동향과 예측(2019-2031년)
제7장 세계의 하드웨어 OTP 토큰 인증 시장 : 제품 유형별
개요
제품 유형별 : 매력 분석
USB 토큰 : 동향과 예측(2019-2031년)
스마트 카드 : 동향과 예측(2019-2031년)
키리스 : 동향과 예측(2019-2031년)
생체인식 토큰 : 동향과 예측(2019-2031년)
모바일 하드 토큰 : 동향과 예측(2019-2031년)
제8장 지역 분석
개요
지역별 : 하드웨어 OTP 토큰 인증 시장
제9장 북미의 하드웨어 OTP 토큰 인증 시장
개요
북미 하드웨어 OTP 토큰 인증 시장(유형별)
북미 하드웨어 OTP 토큰 인증 시장(용도별)
미국 하드웨어 OTP 토큰 인증 시장
멕시코 하드웨어 OTP 토큰 인증 시장
캐나다 하드웨어 OTP 토큰 인증 시장
제10장 유럽의 하드웨어 OTP 토큰 인증 시장
개요
유럽 하드웨어 OTP 토큰 인증 시장(유형별)
유럽 하드웨어 OTP 토큰 인증 시장(용도별)
독일 하드웨어 OTP 토큰 인증 시장
프랑스 하드웨어 OTP 토큰 인증 시장
스페인 하드웨어 OTP 토큰 인증 시장
이탈리아 하드웨어 OTP 토큰 인증 시장
영국 하드웨어 OTP 토큰 인증 시장
제11장 아시아태평양의 하드웨어 OTP 토큰 인증 시장
개요
아시아태평양 하드웨어 OTP 토큰 인증 시장(유형별)
아시아태평양 하드웨어 OTP 토큰 인증 시장(용도별)
일본 하드웨어 OTP 토큰 인증 시장
인도 하드웨어 OTP 토큰 인증 시장
중국 하드웨어 OTP 토큰 인증 시장
한국 하드웨어 OTP 토큰 인증 시장
인도네시아 하드웨어 OTP 토큰 인증 시장
제12장 기타 지역의 하드웨어 OTP 토큰 인증 시장
개요
기타 지역 하드웨어 OTP 토큰 인증 시장(유형별)
기타 지역 하드웨어 OTP 토큰 인증 시장(용도별)
중동 하드웨어 OTP 토큰 인증 시장
남미 하드웨어 OTP 토큰 인증 시장
아프리카 하드웨어 OTP 토큰 인증 시장
제13장 경쟁 분석
제품 포트폴리오 분석
운영 통합
Porter의 Five Forces 분석
경쟁 기업간 경쟁 관계
바이어의 교섭력
공급 기업의 교섭력
대체품의 위협
신규 진출업체의 위협
시장 점유율 분석
제14장 기회와 전략 분석
밸류체인 분석
성장 기회 분석
유형별 성장 기회
용도별 성장 기회
폼팩터별 성장 기회
제품 유형별 성장 기회
세계 하드웨어 OTP 토큰 인증 시장의 새로운 동향
전략 분석
신제품 개발
인증 및 라이선싱
합병, 인수, 계약, 제휴, 합병사업
제15장 밸류체인 주요 기업 개요
Competitive Analysis
Yubico
VASCO Data Security International
RSA Security
Auth0
Gemalto
SecureID Technologies
Google
제16장 부록
도표
표 리스트
조사 방법
면책사항
저작권
약어와 기술 단위
Lucintel에 대해
문의
LSH
영문 목차
영문목차
The future of the global hardware OTP token authentication market looks promising with opportunities in the banking and financial services, e-commerce, healthcare, government and public sector, and enterprise markets. The global hardware OTP token authentication market is expected to grow with a CAGR of 7.0% from 2025 to 2031. The major drivers for this market are the increasing demand for secure authentication methods across industries, the rising concerns about data breaches and cyberattacks in enterprises, and the growing adoption of multi-factor authentication for enhanced security.
Lucintel forecasts that, within the type category, time-based one-time password will remain the largest segment over the forecast period.
Within the application category, banking and financial services is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Emerging Trends in the Hardware OTP Token Authentication Market
As the demand for security increases alongside new technologies and business practices, the hardware OTP token authentication market is undergoing significant growth. Businesses seeking to protect confidential information are focusing more on multi-factor authentication, and as a result, hardware OTP tokens are increasingly becoming a necessity. Here are some of the developments shaping the industry:
Adoption of Biometric Features: More businesses are incorporating hardware OTP tokens with biometrics like facial or fingerprint recognition, elevating security measures. This dual form ensures that users authenticate themselves using not only a token but also biometrics, which ensures higher levels of security.
Cloud-Based OTP Solutions: A growing area in business is the use of cloud-based OTP solutions in tokens, as they can be utilized remotely. This is beneficial for businesses with remote teams as it keeps them flexible and secure at the same time. Moreover, cloud-based solutions can cut costs, as some do not require the purchase of physical hardware.
Mobile OTP Token Authentication: With the rise in the use of mobile devices for personal and professional use, using mobile phones as OTP tokens is becoming increasingly popular. Mobile OTP authentication are more user-friendly and easier while providing strong security through encryption and other means of protection.
Adoption in Government and Public Sector: Governments across the globe are focusing on improving cybersecurity and are heavily investing in OTP tokens. Data protection regulations are mandatory in the government sector, which is why they are adopting hardware OTP tokens to allow secure access to data and digital services, making it a key area of growth.
Focus on User Experience: An increasing area of focus for businesses is converting hardware OTP tokens made for mobile phones into touchscreen models to reduce friction during the verification process. Furthermore, the use of more secure methods of authentication, such as proximity-based solutions, is improving the overall user experience.
These developments are increasing innovation, versatility, and ease of use within the hardware OTP token authentication market. As cyber threats become more sophisticated, further innovations are anticipated in the market in the coming years.
Recent Developments in the Hardware OTP Token Authentication Market
Due to the focus that organizations are currently placing on safeguarding sensitive data in conjunction with stringent compliance, the hardware OTP token authentication market is undergoing several key developments. Given this context, these five developments are crucial at this particular time:
Cloud-Based OTP Solutions: Flexible and scalable solutions for traditional hardware tokens are cloud-based OTP solutions. These are more cost-effective and bolster business adoption due to the ease of securing remote and distributed workforces.
Biometric Integration with OTP Tokens: One of the most significant advancements is the adoption of integrated biometric authentication in hardware OTP tokens.
Adoption of Smart OTP Tokens: There is a growing usage of smart OTP tokens like USB sticks and cards that generate unique secret codes because of their convenience. These devices are highly secure since they possess additional protective features such as being impossible to tamper with or less likely to be forged, which makes them suitable for sophisticated security settings.
Compliance with Regulations and Protection of Data: With the issuance of data protection laws like GDPR and CCPA, the market demand for hardware OTP tokens has skyrocketed. Enterprises are making use of these tokens to adhere to the legal stipulations provided in the frameworks and also to secure sensitive customer information from cyberattacks.
Wider Usage in Healthcare and Financial Sectors: The most significant factors contributing to the growth of the market for hardware OTP tokens are the financial services and healthcare sectors. Both these sectors are highly cautious with regard to the security of sensitive information, and hardware OTP tokens are being used as part of integrated systems to safeguard data pertaining to customers and patients.
All these changes are rapid advances in the hardware OTP token authentication market owing to the creation of highly secure, compliant, and user-friendly alternatives. Adoption of innovative technologies, regulatory demands, and rising concerns for cybersecurity are all factors that are expected to drive growth in the market.
Strategic Growth Opportunities in the Hardware OTP Token Authentication Market
There is a growing need for more secure authentication solutions from businesses and governments, which has resulted in growth potential in multifaceted applications for hardware OTP token authentication market. Here are five areas where growth opportunities are apparent:
Banking and Financial Services: The financial sector has been one of the largest adopters of hardware OTP tokens because of the high need for secure transaction methods. With the advent of regulations like PCI DSS and the surge in cyberattacks, there is now a growing presence of multi-factor authentication with hardware OTP tokens mandated at various levels within banks and financial institutions.
E-commerce and Retail: With the growth of online shopping, e-commerce platforms are employing hardware OTP tokens to fortify payment gateways and client accounts. The need for protecting against fraud and ensuring safe transactions propels demand for sophisticated authentication systems.
Healthcare: The sensitive nature of patient data within healthcare organizations increases the need for secure authentication methods. To comply with HIPAA regulations, the protection against unauthorized access to electronic health records (EHRs), and the rising use of internet-connected devices, make healthcare a key growth area.
Government Agencies and the Public Sector: Using hardware OTP tokens is becoming popular in government agencies around the world as a means of protecting national security and sensitive information. As regulations governing data protection become more stringent, multi-factor authentication (MFA) is being adopted for critical systems and infrastructure in government-controlled systems.
Enterprise and SMBs: Both large enterprises and small and medium-sized businesses (SMBs) are understanding the need for secure authentication. Cybersecurity is now a priority for businesses of all sizes, and hardware OTP tokens make it easy to implement multi-factor authentication (MFA) for the protection of sensitive business information, which boosts adoption across sectors.
All these opportunities for growth are increasing the adoption of hardware OTP tokens as sectors around the world are now focusing on improving their defenses for sensitive data and information, meeting compliance guidelines, and adhering to regulatory policies.
Hardware OTP Token Authentication Market Driver and Challenges
The market for hardware OTP token authentication is influenced by a mix of technological, political, and economic factors. While there are significant drivers propelling the market, some challenges could impede growth. These drivers and challenges strongly determine the strategic approach for the market's future direction.
The factors responsible for driving the hardware OTP token authentication market include:
1. Rising Cybersecurity Threats: The growing complexity and occurrence of attacks are driving organizations to strengthen their methods of authentication, such as implementing hardware-based OTP tokens. Cyber threats such as phishing, data breaches, and ransomware require entities to adopt more secure endpoints for advanced authentication.
2. Regulatory Compliance Requirements: Countries and regulatory authorities around the globe are increasingly enforcing data privacy policies. Governing policies like GDPR, HIPAA, and PCI DSS necessitate the implementation of robust authentication frameworks that increase the demand for hardware OTP tokens.
3. Building Digital Transformation: The shift to digitalization by businesses and government institutions is increasing the need for secure authentication systems. To ensure safety during online transactions, cloud computing, and remote working, hardware OTP tokens are being integrated into digital infrastructures.
4. Increased Awareness of Data Privacy: Enhanced sensitivity towards data privacy and safeguarding confidential information is encouraging firms to strengthen protective measures by deploying multi-factor authentication systems like hardware-based OTP tokens to restrict data access to unauthorized personnel.
5. Demand for Cost-Effective Security Solutions: Businesses are looking for economical methods of securing protected information while avoiding spending on complicated cybersecurity frameworks. The need to enhance data security without incurring significant costs makes hardware-based OTP tokens a reliable and cost-effective solution.
Challenges in the hardware OTP token authentication market are:
1. High Implementation Costs: The financial burden associated with the purchase of hardware devices, as well as integration costs, can be problematic for smaller businesses. Large enterprises can absorb the cost, but small and medium-sized businesses may struggle to justify the expense.
2. User Adoption and Resistance to Change: Most users are unlikely to adopt a new authentication method, especially when it seems burdensome to use. Change management can be a hurdle for organizations, as overcoming user reluctance coupled with ensuring smooth implementation is difficult for most organizations.
3. Compatibility Issues with Legacy Systems: The integration of hardware OTP tokens with existing IT infrastructure is not only challenging with regards to older systems but is often left unattended because these systems are complex and time-consuming to adapt. Businesses may face compatibility hurdles that prevent the adoption of these tokens in older systems.
To conclude, the developments concerning security-related issues in information technology, sustaining regulatory frameworks, and the need for digital evolution are advancing the market for hardware OTP tokens. Concerns about high implementation costs, user resistance to change, and inadequate integration options are challenges that need to be addressed.
List of Hardware OTP Token Authentication Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hardware OTP token authentication companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hardware OTP token authentication companies profiled in this report include-
Yubico
VASCO Data Security International
RSA Security
Auth0
Gemalto
SecureID Technologies
Google
Hardware OTP Token Authentication Market by Segment
The study includes a forecast for the global hardware OTP token authentication market by type, application, form factor, product type, and region.
Hardware OTP Token Authentication Market by Type [Value from 2019 to 2031]:
Time-Based One-Time Password
Counter-Based One-Time Password
Challenge-Response Authentication
Event-Based One-Time Password Token
Hardware OTP Token Authentication Market by Application [Value from 2019 to 2031]:
Banking And Financial Services
E-Commerce
Healthcare
Government And Public Sector
Enterprise
Hardware OTP Token Authentication Market by Region [Value from 2019 to 2031]:
North America
Europe
Asia Pacific
The Rest of the World
Country Wise Outlook for the Hardware OTP Token Authentication Market
Governments and businesses around the world are improving their cybersecurity strategies. As a result, the hardware OTP token authentication market is expanding. The United States, China, Germany, India, and Japan have already started enhancing the protection of sensitive data as businesses try to cope with stringent regulations. In multi-factor authentication systems, hardware OTP tokens are already an industry standard, and with the added protection in vital sectors like finance, healthcare, and government, their importance is only bound to grow.
USA: The USA is currently the most advanced in the use of hardware OTP tokens, primarily in the banking and financial services industry. Compliance mandates such as the General Data Protection Regulation (GDPR) and NIST are encouraging companies to adopt strong authentication practices. Cyberattacks and data theft have risen, which has further increased the need for secure authentication systems. Thus, hardware OTP tokens are increasingly being used in multi-factor authentication systems.
China: The adoption of hardware OTP tokens in China is on the rise as a result of the government's focus on cybersecurity policies. With the introduction of cyber laws, businesses have started using hardware OTP tokens for the safe use of sensitive information. The government of China has mandated the use of stronger methods of cybersecurity protection, which are now in place in this region.
Germany: Germany has been strengthening its cybersecurity measures, especially after the EU GDPR. As organizational compliance with data protection frameworks becomes a requirement, the use of hardware OTP tokens is on the rise. German enterprises are using these tokens to protect personally identifiable information and to enhance authentication, especially in the financial services and healthcare sectors.
India: The market for hardware OTP tokens is expanding due to the ongoing digital transformation and an increase in transactional activities over the internet. Multi-factor authentication in banking and government services is also growing, driven by the need for secure online transactions and compliance with the Digital India Initiative and the Payment Card Industry Data Security Standard.
Japan: Businesses in Japan are adopting hardware OTP tokens for secure authentication, marking a considerable shift in the country's cybersecurity landscape. OTP tokens are a type of multi-factor authentication, which is being increasingly adopted by the Japanese government in sensitive public and private sector dealings to prevent malicious cyberattacks.
Features of the Global Hardware OTP Token Authentication Market
Market Size Estimates: Hardware OTP token authentication market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Hardware OTP token authentication market size by various segments, such as by type, application, form factor, product type, and region in terms of value ($B).
Regional Analysis: Hardware OTP token authentication market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, form factor, product type, and regions for the hardware OTP token authentication market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hardware OTP token authentication market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hardware OTP token authentication market by type (time-based one-time password, counter-based one-time password, challenge-response authentication, and event-based one-time password token), application (banking and financial services, e-commerce, healthcare, government and public sector, and enterprise), form factor (hardware tokens, mobile-based tokens, soft tokens, and cloud-based tokens), product type (usb tokens, smart cards, key fobs, biometric tokens, and mobile hard tokens), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Market Overview
2.1 Background and Classifications
2.2 Supply Chain
3. Market Trends & Forecast Analysis
3.2 Industry Drivers and Challenges
3.3 PESTLE Analysis
3.4 Patent Analysis
3.5 Regulatory Environment
4. Global Hardware OTP Token Authentication Market by Type
4.1 Overview
4.2 Attractiveness Analysis by Type
4.3 Time-based One-Time Password: Trends and Forecast (2019-2031)
4.4 Counter-based One-Time Password: Trends and Forecast (2019-2031)
4.5 Challenge-Response Authentication: Trends and Forecast (2019-2031)
4.6 Event-based One-Time Password Token: Trends and Forecast (2019-2031)
5. Global Hardware OTP Token Authentication Market by Application
5.1 Overview
5.2 Attractiveness Analysis by Application
5.3 Banking and Financial Services: Trends and Forecast (2019-2031)
5.4 E-commerce: Trends and Forecast (2019-2031)
5.5 Healthcare: Trends and Forecast (2019-2031)
5.6 Government and Public Sector: Trends and Forecast (2019-2031)
5.7 Enterprise: Trends and Forecast (2019-2031)
6. Global Hardware OTP Token Authentication Market by Form Factor
6.1 Overview
6.2 Attractiveness Analysis by Form Factor
6.3 Hardware Tokens: Trends and Forecast (2019-2031)
6.4 Mobile-Based Tokens: Trends and Forecast (2019-2031)
6.5 Soft Tokens: Trends and Forecast (2019-2031)
6.6 Cloud-Based Tokens: Trends and Forecast (2019-2031)
7. Global Hardware OTP Token Authentication Market by Product Type
7.1 Overview
7.2 Attractiveness Analysis by Product Type
7.3 USB Tokens: Trends and Forecast (2019-2031)
7.4 Smart Cards: Trends and Forecast (2019-2031)
7.5 Key Fobs: Trends and Forecast (2019-2031)
7.6 Biometric Tokens: Trends and Forecast (2019-2031)
7.7 Mobile Hard Tokens: Trends and Forecast (2019-2031)
8. Regional Analysis
8.1 Overview
8.2 Global Hardware OTP Token Authentication Market by Region
9. North American Hardware OTP Token Authentication Market
9.1 Overview
9.2 North American Hardware OTP Token Authentication Market by Type
9.3 North American Hardware OTP Token Authentication Market by Application
9.4 United States Hardware OTP Token Authentication Market