Security News > 2021 > April > The authentication and brand protection market to reach $3.7 billion by 2026

The authentication and brand protection market is projected to grow from $2.5 billion in 2021 to $3.7 billion by 2026, growing at a CAGR of 8.3%from 2021 to 2026, according to MarketsandMarkets.

Increasing demand from emerging economies in APAC is expected to create an opportunity for authentication and brand protection market.

The market for RFID authentication and brand protection to reach highest CAGR. RFID tags are becoming popular tools for the identification of products.

APAC held the largest share of the authentication and brand protection market.

Rapid urbanization and the growth of other key end-use industries are factors that are projected to reflect positively on the growth of the authentication and brand protection market during the forecast period.

The key players operating in the authentication and brand protection market include Authentix, Avery Dennison, Brady, De La Reu, Wisekey, Infineon, Merck Group, Assa Abloy, Centro Grafico, and Sunchemicals.

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