Risk-based authentication is a non-static authentication system which takes into account the profile of the agent requesting access to the system to determine the risk profile associated with that transaction. The risk profile is then used to determine the complexity of the challenge. Higher risk profiles leads to stronger challenges, whereas a static username/password may suffice for lower-risk profiles. Risk-based implementation allows the application to challenge the user for additional credentials only when the risk level is appropriate.The others segment includes Education, Media and Entertainment, and Transportation and Logistics.

Market Analysis and Insights: Global Risk-based Authentication Market
The global Risk-based Authentication market size is projected to reach US$ 4389.2 million by 2027, from US$ 2067.2 million in 2020, at a CAGR of 11.2% during 2021-2027.
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Global Risk-based Authentication Scope and Market Size
Risk-based Authentication market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Risk-based Authentication market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud Authentication
On-premises Authentication

Segment by Application
Banking, Financial Services and Insurance(BFSI)
Government
Healthcare
Manufacturing
Retail
Telecommunication
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
IBM
Broadcom
Micro Focus
Okta
Gemalto
Vasco Data Security
Secureauth
Rsa Security
Entrust Datacard
Lexisnexis
Gurucul
Equifax
Ping Identity
Forgerock