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Global Digital Security Control Market to reach USD 40.22billion by 2027.

Global Digital Security Control Market Size study, byHardware (Smart card, SIM card, Biometric Technology, Security Token) by Software (Anti-phishing, Authentication, Network Surveillance, Security Management, Web technologies) by Service (Two-, Three-, and Four Factor Authentication services) by Application areas (Mobile Security & Telecommunications, Finance & Banking, Healthcare, Commercial , Others)and Regional Forecasts 2021-2027

Product Code: IACTNS_80476857
Publish Date: 11-02-2021
Page: 200

Global Digital Security Control Market is valued approximately USD 15.12billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15% over the forecast period 2021-2027. Digital security control is concerned with safeguarding and securing an individual’s digital identity as well as other digital interactions. It is the network or internet equivalent of a person’s physical identity. Digital security is made up of various tools that are used to protect the physical identity of the subscriber, assets, and technology in the mobile and online worlds.
The transition from analog-based digital security systems to digital internet protocol (IP)-based systems has increased market penetration among small and medium-sized businesses. One of the primary driving factors for the market for digital security control is the transition from magnetic stripe technology to the Europay, Mastercard, and Visa (EMV) method. It is a globally recognized standard for all cards that contain computer chips. In 2017, Mastercard paid $1.15 billion for London-based VocaLink Holdings Ltd., which has software that can run on real-time payment networks. In 2019, the card company agreed to pay $3.19 billion for the majority of the corporate service businesses of Nets A/S, a European payments technology company.On the other hand, the high initial setup and maintenance costs of digital security and control systems, are impeding widespread adoption, particularly in developing countries. Also, the anti-phishing segment accounted for the largest market share among software. The high market penetration of firewalls for digital security is attributed to anti-market phishing’s dominance. During the forecast period, network surveillance is expected to be the fastest evolving technology segment in the global market.

North America held the largest share of the global digital security and control market. The high penetration of digital security and control in mobile and telecommunication services is a major growth driver for its North American market. In 2018, Europe was the second largest market. Due to rapidly growing IT infrastructure in underdeveloped nations, Asia-Pacific is projected to be the major growing digital security and control market during the forecast period.

Major market player included in this report are:
Gemalto N.V.
Fireeye, Inc.
Oberthur Technologies
Safenet, Inc.
Vasco Data Security International
HID Global
NEC Corporation
RSA Security LLC
Morpho SAS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Smart card
SIM card
Biometric technology
Security token
Network surveillance
Security management
Web technologies
By Service:
Two factor authentication
Three factor authentication
Four factor authentication
By Application areas:
Mobile security & telecommunications
Finance & banking
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Digital Security ControlMarket in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Digital Security Control Market, by Region, 2019-2027 (USD Billion)
1.2.2. Digital Security Control Market, by Hardware,2019-2027 (USD Billion)
1.2.3. Digital Security Control Market, by Software,2019-2027 (USD Billion)
1.2.4. Digital Security Control Market, by Services,2019-2027 (USD Billion)
1.2.5. Digital Security Control Market, by Application areas ,2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Digital Security Control Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Digital Security Control Market Dynamics
3.1. Digital Security Control Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Transition from analogue to digital internet Transfer from magnetic strip to smart cards
3.1.2. Market Challenges High maintenance costs
3.1.3. Market Opportunities High market penetration of firewalls
Chapter 4. Global Digital Security Control Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Digital Security Control Market, by Hardware
5.1. Market Snapshot
5.2. Global Digital Security Control Market by Hardware, Performance – Potential Analysis
5.3. Global Digital Security Control Market Estimates & Forecasts by Hardware2018-2027 (USD Billion)
5.4. Digital Security Control Market, Sub Segment Analysis
5.4.1. Smart card
5.4.2. SIM card
5.4.3. Biometric technology
5.4.4. Security token
Chapter 6. Global Digital Security Control Market, bySoftware
6.1. Market Snapshot
6.2. Global Digital Security Control Market by Software, Performance – Potential Analysis
6.3. Global Digital Security Control Market Estimates & Forecasts by Software2018-2027 (USD Billion)
6.4. Digital Security Control Market, Sub Segment Analysis
6.4.1. Anti-phishing
6.4.2. Authentication
6.4.3. Network surveillance
6.4.4. Security management
6.4.5. Web technologies
Chapter 7. Global Digital Security Control Market, by Services
7.1. Market Snapshot
7.2. Global Digital Security Control Market by Services, Performance – Potential Analysis
7.3. Global Digital Security Control Market Estimates & Forecasts by Services 2018-2027 (USD Billion)
7.4. Digital Security Control Market, Sub Segment Analysis
7.4.1. Two factor authentication
7.4.2. Three factor authentication
7.4.3. Four factor authentication
Chapter 8. Global Digital Security Control Market, by Application areas
8.1. Market Snapshot
8.2. Global Digital Security Control Market by Application areas, Performance – Potential Analysis
8.3. Global Digital Security Control Market Estimates & Forecasts by Application areas 2018-2027 (USD Billion)
8.4. Digital Security Control Market, Sub Segment Analysis
8.4.1. Mobile security & telecommunications
8.4.2. Finance and banking
8.4.3. Healthcare
8.4.4. Commercial
8.4.5. Others
Chapter 9. Global Digital Security Control Market, Regional Analysis
9.1. Digital Security Control Market, Regional Market Snapshot
9.2. North America Digital Security Control Market
9.2.1. U.S.Digital Security Control Market Hardwarebreakdown estimates & forecasts, 2018-2027 Softwarebreakdown estimates & forecasts, 2018-2027 Services breakdown estimates & forecasts, 2018-2027 Application areas breakdown estimates & forecasts, 2018-2027
9.2.2. CanadaDigital Security Control Market
9.3. Europe Digital Security Control Market Snapshot
9.3.1. U.K. Digital Security Control Market
9.3.2. Germany Digital Security Control Market
9.3.3. France Digital Security Control Market
9.3.4. Spain Digital Security Control Market
9.3.5. Italy Digital Security Control Market
9.3.6. Rest of EuropeDigital Security Control Market
9.4. Asia-PacificDigital Security Control Market Snapshot
9.4.1. China Digital Security Control Market
9.4.2. India Digital Security Control Market
9.4.3. JapanDigital Security Control Market
9.4.4. Australia Digital Security Control Market
9.4.5. South Korea Digital Security Control Market
9.4.6. Rest of Asia PacificDigital Security Control Market
9.5. Latin America Digital Security Control Market Snapshot
9.5.1. Brazil Digital Security Control Market
9.5.2. Mexico Digital Security Control Market
9.6. Rest of The World Digital Security Control Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Gemalto N.V. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Fireeye, Inc.
10.2.3. Obethur Technologies
10.2.4. Safenet, Inc.
10.2.5. Vasco Data Security International
10.2.6. 3M
10.2.7. HID Global
10.2.8. NEC Corporation
10.2.9. RSA Security LLC
10.2.10. Morpho SAS
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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