Passive Authentication Market Size 2028: Global Research Report and Industry Forecast
According to the recent report by IMARC Group, titled “ Passive Authentication Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .’ the global passive authentication market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 23.8% during 2023-2028. Factors Affecting the Growth of the Passive Authentication Industry: Increasing Prevalence of Cyber Threats: In an era where digital interactions and transactions are commonplace, the threat of cyber attacks, identity theft, and fraud has become more pronounced. Organizations across various sectors are facing the challenge of protecting sensitive information and assets from sophisticated cyber threats. Passive authentication offers a solution by providing robust security measures that can detect anomalies and potential threats without hindering user access or experience. As busines...