Investor Presentaiton
Attractive market trends support long-term growth
opportunity
Global market trends...
G
iiii
Increasing sophisticated cyber threats - hackers are able
to bypass traditional network firewall-based security controls,
regular email, mobile text message spam and phishing filters
Cloud shift has accelerated Zero trust framework -
increasing requirements for strong authentication
Increasing regulatory requirements drive adoption of
IAM' tools – e.g., new White House executive order requires
all US Federal agencies to use phishing-resistant MFA
...drive double-digit market growth
Global advanced authentication market, USDbn
CAGR 2021-27: 13.6% p.a.
7,2
6,5
5,8
5,2
4,5
Increasing shift to advanced authentication in
workforce - rolled out to the full workforce, often including
partners, contractors and customers' customers
3,9
3,3
2,9
Shifting login models towards user experience and
passwordless - companies are independently exploring new
login models
IT security is vital for long-term sustainable growth for
companies, e.g., UN sustainable development goal #92
2020
2021
2022E 2023E 2024E 2025E
2026E
2027E
13
Source: Company information, IDC Research
Notes: 1) Identity Access Management (IAM); 2) United Nation's sustainable development goal #9: Sustainable industry, innovation and infrastructureView entire presentation