FIDO Authentication Market to Surpass USD 6.72 Billion by 2030 Driven by Rising Cybersecurity Concerns and Mobile Device Proliferation | Research by SNS Insider [Yahoo! Finance]
OneSpan Inc. (OSPN)
Last onespan inc. earnings: 3/3 04:05 pm
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Source: Yahoo! Finance
Pune, Jan. 15, 2024 (GLOBE NEWSWIRE) -- “The SNS Insider report indicates that the FIDO Authentication Market was valued at USD 1.3 billion in 2022, with a projected growth to reach USD 6.72 billion by 2030. The market is anticipated to expand at a compound annual growth rate (CAGR) of 22.8% during the forecast period spanning from 2023 to 2030.” Market Overview FIDO authentication operates on the principle of passwordless authentication, aiming to eliminate the reliance on static passwords susceptible to breaches. The core components of FIDO include Universal Authentication Framework (UAF) and Universal Second Factor (U2F). UAF leverages biometrics and other secure elements for a seamless and secure user experience, while U2F involves the use of physical security keys to enhance authentication. Market Analysis The FIDO authentication market is experiencing unprecedented growth, driven by several key factors. Firstly, the increasing frequency and sophistication of cyber threa
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News
- OneSpan Inc. (NASDAQ: OSPN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- OneSpan (NASDAQ:OSPN) shareholders have endured a 64% loss from investing in the stock three years ago [Yahoo! Finance]Yahoo! Finance
- OneSpan Inc. (NASDAQ: OSPN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- OneSpan to Announce First Quarter Financial Results on May 2, 2024Business Wire
- Facial Recognition Market worth $13.4 billion by 2028, growing at a CAGR of 16.3%: Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
OSPN
Earnings
- 3/6/24 - Beat
OSPN
Sec Filings
- 4/23/24 - Form DEF
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- OSPN's page on the SEC website