OTP DISPLAY CARD MARKET ANALYSIS

Regional Analysis

Global OTP Display Card Market Regional Insight:

In terms of region, North America is expected to be dominant in the global OTP display cards market, owing to increasing use of internet in the region. According to Coherent Market Insights’ analysis, in 2018, North America had 396 million internet users. North America is expected to witness significant growth over the forecast period, which can be attributed to high adoption of innovative technologies such as cloud, Internet of things (IoT) etc. in developed countries such as the U.S. and Canada. Key players in the region are focused on expanding their product portfolio in order to meet increasing needs and requirements of consumers. For instance, in November 2017, RSA Security LLC, a subsidiary of Dell Technologies, expanded its technology ecosystem, in order to make authentication process more continuous, pervasive, and proactive. Increasing need for a high-security authentication technique for security of organizational data from theft or malware also aids in growing market demand for OTP display cards in North American region.