SPARK Matrix™: Risk-Based Authentication (RBA), 2024

Quadrant Knowledge Solutions’ Risk-Based Authentication market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, market trends, and future market outlook. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading Risk-Based Authentication vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including Accops, Appgate, BPC, Broadcom, CoffeeBean Technology, CyberArk, Duo Security (Cisco), IBM, Kount, LexisNexis Risk Solutions, LoginRadius, Microsoft, Okta, OneLogin, OneSpan, Ping Identity, Prove, RSA Security, SecureAuth, Silverfort, Swivel Secure, and TransUnion.

According to Akshay Parmar, Analyst at Quadrant Knowledge Solutions "An effective RBA solution provides robust authentication mechanisms to assess risk levels and detect potential fraud across diverse digital channels, including payment fraud, bot protection, phishing, and account takeover fraud. Leading vendors in the RBA market offer specialized features such as AI and Machine Learning-powered risk and fraud models, Passwordless Authentication, Orchestration engine, Behavioral Analytics, Human GAIT model authentication, End-to-end fraud strategy, Consolidation of Risk Intelligence, and more. These capabilities collectively enhance threat detection and mitigation, ensuring comprehensive protection against evolving cybersecurity threats."

Table of Contents

Executive Overview

• Key Research Findings

Market Overview

Competitive Landscape and Analysis 

• Key Competitive Factors and Technology Differentiators

SPARK Matrix™: Risk-Based Authentication, 2024

Vendor Profiles

Research Methodologies

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