
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.
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.
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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.
In 2018, the global Hardware OTP Token Authentication market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Hardware OTP Token Authentication status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hardware OTP Token Authentication development in United States, Europe and China.
The key players covered in this study
Dell
Gemalto
Symantec
VASCO
Authenex
Deepnet Security
Entrust
FEITIAN Technologies
Fortinet
HID
ID Control
Nexus
PortalGuard
SecureMetric Technology
Yubico
Market segment by Type, the product can be split into
USB Tokens
SIM Tokens
Mini Tokens
Market segment by Application, split into
Banking, Financial Services and Insurance (BFSI)
Healthcare
Government
PCI (Payment Card Industry)
Commercial Security
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Hardware OTP Token Authentication status, future forecast, growth opportunity, key market and key players.
To present the Hardware OTP Token Authentication development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Hardware OTP Token Authentication are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of Contents
Chapter One: Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Hardware OTP Token Authentication Market Size Growth Rate by Type (2014-2025)
1.4.2 USB Tokens
1.4.3 SIM Tokens
1.4.4 Mini Tokens
1.5 Market by Application
1.5.1 Global Hardware OTP Token Authentication Market Share by Application (2014-2025)
1.5.2 Banking, Financial Services and Insurance (BFSI)
1.5.3 Healthcare
1.5.4 Government
1.5.5 PCI (Payment Card Industry)
1.5.6 Commercial Security
1.5.7 Others
1.6 Study Objectives
1.7 Years Considered
Chapter Two: Global Growth Trends
2.1 Hardware OTP Token Authentication Market Size
2.2 Hardware OTP Token Authentication Growth Trends by Regions
2.2.1 Hardware OTP Token Authentication Market Size by Regions (2014-2025)
2.2.2 Hardware OTP Token Authentication Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
Chapter Three: Market Share by Key Players
3.1 Hardware OTP Token Authentication Market Size by Manufacturers
3.1.1 Global Hardware OTP Token Authentication Revenue by Manufacturers (2014-2018)
3.1.2 Global Hardware OTP Token Authentication Revenue Market Share by Manufacturers (2014-2018)
3.1.3 Global Hardware OTP Token Authentication Market Concentration Ratio (CRChapter Five: and HHI)
3.2 Hardware OTP Token Authentication Key Players Head office and Area Served
3.3 Key Players Hardware OTP Token Authentication Product/Solution/Service
3.4 Date of Enter into Hardware OTP Token Authentication Market
3.5 Mergers & Acquisitions, Expansion Plans
Chapter Four: Breakdown Data by Type and Application
4.1 Global Hardware OTP Token Authentication Market Size by Type (2014-2019)
4.2 Global Hardware OTP Token Authentication Market Size by Application (2014-2019)
Chapter Five: United States
5.1 United States Hardware OTP Token Authentication Market Size (2014-2019)
5.2 Hardware OTP Token Authentication Key Players in United States
5.3 United States Hardware OTP Token Authentication Market Size by Type
5.4 United States Hardware OTP Token Authentication Market Size by Application
Chapter Six: Europe
6.1 Europe Hardware OTP Token Authentication Market Size (2014-2019)
6.2 Hardware OTP Token Authentication Key Players in Europe
6.3 Europe Hardware OTP Token Authentication Market Size by Type
6.4 Europe Hardware OTP Token Authentication Market Size by Application
Chapter Seven: China
7.1 China Hardware OTP Token Authentication Market Size (2014-2019)
7.2 Hardware OTP Token Authentication Key Players in China
7.3 China Hardware OTP Token Authentication Market Size by Type
7.4 China Hardware OTP Token Authentication Market Size by Application
Chapter Eight: Japan
8.1 Japan Hardware OTP Token Authentication Market Size (2014-2019)
8.2 Hardware OTP Token Authentication Key Players in Japan
8.3 Japan Hardware OTP Token Authentication Market Size by Type
8.4 Japan Hardware OTP Token Authentication Market Size by Application
Chapter Nine: Southeast Asia
9.1 Southeast Asia Hardware OTP Token Authentication Market Size (2014-2019)
9.2 Hardware OTP Token Authentication Key Players in Southeast Asia
9.3 Southeast Asia Hardware OTP Token Authentication Market Size by Type
9.4 Southeast Asia Hardware OTP Token Authentication Market Size by Application
Chapter Ten: India
10.1 India Hardware OTP Token Authentication Market Size (2014-2019)
10.2 Hardware OTP Token Authentication Key Players in India
10.3 India Hardware OTP Token Authentication Market Size by Type
10.4 India Hardware OTP Token Authentication Market Size by Application
Chapter Eleven: Central & South America
11.1 Central & South America Hardware OTP Token Authentication Market Size (2014-2019)
11.2 Hardware OTP Token Authentication Key Players in Central & South America
11.3 Central & South America Hardware OTP Token Authentication Market Size by Type
11.4 Central & South America Hardware OTP Token Authentication Market Size by Application
Chapter Twelve: International Players Profiles
12.1 Dell
12.1.1 Dell Company Details
12.1.2 Company Description and Business Overview
12.1.3 Hardware OTP Token Authentication Introduction
12.1.4 Dell Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.1.5 Dell Recent Development
12.2 Gemalto
12.2.1 Gemalto Company Details
12.2.2 Company Description and Business Overview
12.2.3 Hardware OTP Token Authentication Introduction
12.2.4 Gemalto Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.2.5 Gemalto Recent Development
12.3 Symantec
12.3.1 Symantec Company Details
12.3.2 Company Description and Business Overview
12.3.3 Hardware OTP Token Authentication Introduction
12.3.4 Symantec Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.3.5 Symantec Recent Development
12.4 VASCO
12.4.1 VASCO Company Details
12.4.2 Company Description and Business Overview
12.4.3 Hardware OTP Token Authentication Introduction
12.4.4 VASCO Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.4.5 VASCO Recent Development
12.5 Authenex
12.5.1 Authenex Company Details
12.5.2 Company Description and Business Overview
12.5.3 Hardware OTP Token Authentication Introduction
12.5.4 Authenex Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.5.5 Authenex Recent Development
12.6 Deepnet Security
12.6.1 Deepnet Security Company Details
12.6.2 Company Description and Business Overview
12.6.3 Hardware OTP Token Authentication Introduction
12.6.4 Deepnet Security Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.6.5 Deepnet Security Recent Development
12.7 Entrust
12.7.1 Entrust Company Details
12.7.2 Company Description and Business Overview
12.7.3 Hardware OTP Token Authentication Introduction
12.7.4 Entrust Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.7.5 Entrust Recent Development
12.8 FEITIAN Technologies
12.8.1 FEITIAN Technologies Company Details
12.8.2 Company Description and Business Overview
12.8.3 Hardware OTP Token Authentication Introduction
12.8.4 FEITIAN Technologies Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.8.5 FEITIAN Technologies Recent Development
12.9 Fortinet
12.9.1 Fortinet Company Details
12.9.2 Company Description and Business Overview
12.9.3 Hardware OTP Token Authentication Introduction
12.9.4 Fortinet Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.9.5 Fortinet Recent Development
12.10 HID
12.10.1 HID Company Details
12.10.2 Company Description and Business Overview
12.10.3 Hardware OTP Token Authentication Introduction
12.10.4 HID Revenue in Hardware OTP Token Authentication Business (2014-2019)
12.10.5 HID Recent Development
12.11 ID Control
12.12 Nexus
12.13 PortalGuard
12.14 SecureMetric Technology
12.15 Yubico
Chapter Thirteen: Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)
Chapter Fourteen: Analyst’s Viewpoints/Conclusions
Chapter Fifteen: Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
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