Request for Covid-19 Impact Assessment of this Report

Take Action
ICT & Media

Global Multi-Factor AuthenticationMarket Size study, byAuthentication type (Password Authentication, Passwordless Authentication) by Model Type (Two-factor authentication ,Multi-factor with three-factor authentication, Multi-factor with four-factor authentication, Multi-factor with five-factor authentication ) by Component (Solutions, Hardware, Services)by Organization size (Large Enterprises, SMEs) by End user (BFSI, Government, Travel and Immigration, Military and Defence, Commercial Security, IT, Telecommunications, Healthcare, Media and Entertainment, Other Verticals)and Regional Forecasts 2021-2027

  • BIZ4594966
  • 200 Pages
  • June 2021
  • ICT & Media
Download Sample    Get Discount   
 
Global Multi-Factor AuthenticationMarket is valued approximately USD 9.55 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 16.2% over the forecast period 2021-2027. MFA is an encryption method that enables a person to give two or more verification factors in order to get access to a resource such as an application, an online account, or a VPN. A strong security information and event management strategy must include multi-factor authentication. MFA needs one or more extra verification criteria in combination to a login credentials, which reduces the risk of a successful security breach. The increasing occurrences of cyberattacks and data leaks across enterprises has been one of the key factors driving product demand. As an example Micro Focus announced NetIQ Universal Policy Administrator (UPA) in November 2020, which provides centralized data security with uniform permission and authentication. This next-generation campaign strategy gives IT security professionals a consolidated policy security solutions that boosts operational efficiency and cyber resilience. The industry is also growing due to increased investments in cloud technologies and enterprise mobility. For instance, Thales launched Fast Identity Online 2.0 (FIDO2) in March 2020, which enables customers to access Microsoft Azure AD cloud apps, sub domains, and all linked digital services without a password. This will eventually assist enterprises and organizations in moving to the cloud in a secure manner. However, lack of MFA understanding can lead to blunders, which can cost businesses a lot of money. Also, multi-factor authentication differs from traditional authentication mechanisms, which rely on login credentials confirmation and recognition. It also has advanced biometric security mechanisms for identifying people, such as iris recognition, face recognition, fingerprinting, and speech recognition algorithms, which proves to be a business opportunity.

The MFA market is anticipated to have the largest market share in North America. The continent's market growth is likely to be fueled by early acceptance of MFA and the existence of multiple providers offering MFA solutions. Because of a relatively high extent of performance of choose your own device (CYOD) and bring your own device (BYOD) practices, as well as mobility solutions, which are skyrocketing cyber-attacks and security breaches, the Asia-Pacific region is anticipated to witness the fastest continent in the multifactor authentication market.

Major market player included in this report are:

Micro Focus

Broadcom

Microsoft

OneSpan

Okta

Thales

RSA Security

Duo Security

Ping Identity

HID Global

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByAuthentication type:

Password Authentication

Passwordless Authentication

By Model Type:

Two-factor authentication

Multi-factor with three-factor authentication

Multi-factor with four-factor authentication

Multi-factor with five-factor authentication

By Component:

Solutions

Hardware

Services

By Organization size:

Large Enterprises

SMEs

By End user:

BFSI

Government

Travel and Immigration

Military and Defence

Commercial Security

IT

Telecommunication

Healthcare

Media and Entertainment

Other verticals

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Multi-Factor AuthenticationMarket in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Multi-Factor Authentication Market, by Region, 2019-2027 (USD Billion)

1.2.2. Multi-Factor Authentication Market, by Authentication type,2019-2027 (USD Billion)

1.2.3. Multi-Factor Authentication Market, by Model type,2019-2027 (USD Billion)

1.2.4. Multi-Factor Authentication Market, by Component,2019-2027 (USD Billion)

1.2.5. Multi-Factor Authentication Market, by Organization size,2019-2027 (USD Billion)

1.2.6. Multi-Factor Authentication Market, by End user ,2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Multi-Factor Authentication Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Multi-Factor Authentication Market Dynamics

3.1. Multi-Factor Authentication Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing occurrences of cyber attacks

3.1.1.2. Increasing investments in cloud technologies

3.1.2. Market Challenges

3.1.2.1. Lack of knowledge

3.1.3. Market Opportunities

3.1.3.1. Advance biometric security

Chapter 4. Global Multi-Factor Authentication Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Multi-Factor Authentication Market, by Authentication type

5.1. Market Snapshot

5.2. Global Multi-Factor Authentication Market by Authentication type, Performance - Potential Analysis

5.3. Global Multi-Factor Authentication Market Estimates & Forecasts by Authentication type2018-2027 (USD Billion)

5.4. Multi-Factor Authentication Market, Sub Segment Analysis

5.4.1. Password authentication

5.4.2. Passwordless authentication

Chapter 6. Global Multi-Factor Authentication Market, byModel type

6.1. Market Snapshot

6.2. Global Multi-Factor Authentication Market by Model type, Performance - Potential Analysis

6.3. Global Multi-Factor Authentication Market Estimates & Forecasts by Model type2018-2027 (USD Billion)

6.4. Multi-Factor Authentication Market, Sub Segment Analysis

6.4.1. Two-Factor Authentication

6.4.2. Multi-Factor with three-factor Authentication

6.4.3. Multi-Factor with four-factor Authentication

6.4.4. Multi-Factor with five factor Authentication

Chapter 7. Global Multi-Factor Authentication Market, by Component

7.1. Market Snapshot

7.2. Global Multi-Factor Authentication Market by Component, Performance - Potential Analysis

7.3. Global Multi-Factor Authentication Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

7.4. Multi-Factor Authentication Market, Sub Segment Analysis

7.4.1. Solutions

7.4.2. Hardware

7.4.3. Services

Chapter 8. Global Multi-Factor Authentication Market, by Organization size

8.1. Market Snapshot

8.2. Global Multi-Factor Authentication Market by Organization size, Performance - Potential Analysis

8.3. Global Multi-Factor Authentication Market Estimates & Forecasts by Organization size 2018-2027 (USD Billion)

8.4. Multi-Factor Authentication Market, Sub Segment Analysis

8.4.1. Large Enterprises

8.4.2. SMEs

Chapter 9. Global Multi-Factor Authentication Market, by End user

9.1. Market Snapshot

9.2. Global Multi-Factor Authentication Market by End user, Performance - Potential Analysis

9.3. Global Multi-Factor Authentication Market Estimates & Forecasts by End user 2018-2027 (USD Billion)

9.4. Multi-Factor Authentication Market, Sub Segment Analysis

9.4.1. BFSI

9.4.2. Government

9.4.3. Travel and immigration

9.4.4. Military and defence

9.4.5. Commercial security

9.4.6. IT

9.4.7. Telecommunications

9.4.8. Healthcare

9.4.9. Media and Entertainment

9.4.10. Other verticals

Chapter 10. Global Multi-Factor Authentication Market, Regional Analysis

10.1. Multi-Factor Authentication Market, Regional Market Snapshot

10.2. North America Multi-Factor Authentication Market

10.2.1. U.S.Multi-Factor Authentication Market

10.2.1.1. Authentication type breakdown estimates & forecasts, 2018-2027

10.2.1.2. Model type breakdown estimates & forecasts, 2018-2027

10.2.1.3. Component breakdown estimates & forecasts, 2018-2027

10.2.1.4. Organization size breakdown estimates & forecasts, 2018-2027

10.2.1.5. End user breakdown estimates & forecasts, 2018-2027

10.2.2. CanadaMulti-Factor Authentication Market

10.3. Europe Multi-Factor Authentication Market Snapshot

10.3.1. U.K. Multi-Factor Authentication Market

10.3.2. Germany Multi-Factor Authentication Market

10.3.3. France Multi-Factor Authentication Market

10.3.4. Spain Multi-Factor Authentication Market

10.3.5. Italy Multi-Factor Authentication Market

10.3.6. Rest of EuropeMulti-Factor Authentication Market

10.4. Asia-PacificMulti-Factor Authentication Market Snapshot

10.4.1. China Multi-Factor Authentication Market

10.4.2. India Multi-Factor Authentication Market

10.4.3. JapanMulti-Factor Authentication Market

10.4.4. Australia Multi-Factor Authentication Market

10.4.5. South Korea Multi-Factor Authentication Market

10.4.6. Rest of Asia PacificMulti-Factor Authentication Market

10.5. Latin America Multi-Factor Authentication Market Snapshot

10.5.1. Brazil Multi-Factor Authentication Market

10.5.2. Mexico Multi-Factor Authentication Market

10.6. Rest of The World Multi-Factor Authentication Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Micro Focus

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Broadcom

11.2.3. Microsoft

11.2.4. OneSpan

11.2.5. Okta

11.2.6. Thales

11.2.7. RSA Security

11.2.8. Duo Security

11.2.9. Ping Identity

11.2.10. HID Global

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Multi-Factor Authentication market, report scope

TABLE 2. Global Multi-Factor Authenticationmarket estimates & forecasts by Region 2018-2027 (USDBillion)

TABLE 3. Global Multi-Factor Authenticationmarket estimates & forecasts byAuthentication type2018-2027 (USDBillion)

TABLE 4. Global Multi-Factor Authenticationmarket estimates & forecasts byModel type2018-2027 (USDBillion)

TABLE 5. Global Multi-Factor Authenticationmarket estimates & forecasts by Component 2018-2027 (USDBillion)

TABLE 6. Global Multi-Factor Authenticationmarket estimates & forecasts by Oganization size 2018-2027 (USDBillion)

TABLE 7. Global Multi-Factor Authenticationmarket estimates & forecasts by End user 2018-2027 (USDBillion)

TABLE 8. Global Multi-Factor Authenticationmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 9. Global Multi-Factor Authenticationmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 10. Global Multi-Factor Authenticationmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 11. Global Multi-Factor Authenticationmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 12. Global Multi-Factor Authenticationmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 13. Global Multi-Factor Authenticationmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 14. Global Multi-Factor Authenticationmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 15. Global Multi-Factor Authenticationmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 16. Global Multi-Factor Authenticationmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 17. Global Multi-Factor Authenticationmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 18. U.S. Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 19. U.S. Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 20. U.S. Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 21. Canada Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 22. Canada Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 23. Canada Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 24. UKMulti-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 25. UKMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 26. UKMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 27. Germany Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 28. Germany Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 29. Germany Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 30. RoEMulti-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 31. RoEMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 32. RoEMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 33. China Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 34. China Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 35. China Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 36. India Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 37. India Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 38. India Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 39. Japan Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 40. Japan Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 41. Japan Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 42. RoAPACMulti-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 43. RoAPACMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 44. RoAPACMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 45. Brazil Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 46. Brazil Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 47. Brazil Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 48. Mexico Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 49. Mexico Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 50. Mexico Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 51. RoLAMulti-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 52. RoLAMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 53. RoLAMulti-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 54. Row Multi-Factor Authenticationmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 55. Row Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 56. Row Multi-Factor Authenticationmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 57. List of secondary sources, used in the study of global Multi-Factor Authentication market

TABLE 58. List of primary sources, used in the study of global Multi-Factor Authentication market

TABLE 59. Years considered for the study

TABLE 60. Exchange rates considered

 
Purchase Options

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Need More Information

Contact Us

+ 1-888-961-4454

Drop Us an email at

help@bigmarketresearch.com

Similar Reports

Netbook Market in India 2011

The netbook sales in India have been growing strongly with major demand from the home segment. Personal computer market is expected to grow as the economy is recovering from the recession. The newest addition to this consumer product group is notebooks and netbooks. However, it has been seen that there is no clear demarcation between inexpensive notebook and netbook as an upgraded version of a net...

  • Publish Date: January 18, 2011
  • $950
View Details
Online Movie Rental Market in India 2011

The Online Movie Rental market in India is at a nascent stage. The market is estimated at INR 601 mn in 2008 and shows huge potential due to a large untapped consumer base. The changing perceptions of people towards entertainment along with a rise in their disposable income and internet usage have driven the market. The report begins with a market overview section that provides an insight into t...

  • Publish Date: March 7, 2011
  • $950
View Details
Local Search Market in India 2011

Local search market in India is a common platform for advertising used by business entities. It has an offline and an online category. Local search space provides a platform to the small and medium scale enterprises to advertise with regards to their products and services through local search engines and print directories such as yellow pages. The report begins with the market overview section wh...

  • Publish Date: June 27, 2011
  • $950
View Details
 
View More
 

Client Testimonials

2025 © Copyright Big Market Research