<div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">Research Nestor has published a report titled "<a href="https://www.researchnester.com/reports/hardware-otp-token-authentication-market/2905" title="" target="_blank">Hardware OTP Token Authentication Market</a>": "Global Demand Analysis and Opportunity Outlook 2029, which provides a detailed overview of the Hardware OTP Token Authentication Market in terms of market segmentation by type, application, component, and region. published a report entitled ".</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">Additionally, for in-depth analysis, the report includes coverage of industry growth indicators, restraints, and supply and demand risks along with a detailed discussion of current and future market trends pertaining to market growth.</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">The hardware OTP token authentication market is projected to grow at a high CAGR over the forecast period (2021-2029) due to increasing investment in the banking and finance industry and preference for these tokens due to their convenient and immediate usage.</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">By type, the market is segmented into non-connected, connected, and non-contact. </font><font style="vertical-align: inherit;">Among these, the connectionless segment is projected to hold the largest share of the hardware OTP token authentication market by the end of 2029, owing to the high security and regulatory compliance for data provided by connectionless tokens.</font></font></div><div><br></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East &amp; Africa, among which, the hardware OTP token authentication market in North America is expected to grow at the highest CAGR during the forecast period. </font><font style="vertical-align: inherit;">Currently, the North American market holds the largest share due to the presence of leading technology providers in the region, especially the United States, which are extensively engaged in research and development on innovative authentication systems.</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">Growing investments in the banking and finance industry and increasing Internet-based transactions drive market growth</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">According to the India Brand Equity Foundation, assets under management (AUM) in the mutual fund (MF) industry increased from Rs 109.6 Billion (USD 156.82 billion) in October 2014 to Rs 282.2 Billion (USD) in October 2020. $361.59 billion).</font></font></div><div><br></div><div><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">Investments in banking, financial services, and internet penetration are among the most influential factors influencing the growth of the hardware OTP token authentication market. </font><font style="vertical-align: inherit;">It has been observed that people are investing money in various initiatives to secure their future. </font><font style="vertical-align: inherit;">Moreover, high internet penetration increases the demand for internet-based transactions, which increases the need and demand for security.</font></font></div>                                    