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Service & Software Global Multi-Factor Authentication (MFA) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM3117165
    • |
  • 11 January, 2024
    • |
  • Global
    • |
  • 134 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Service & Software

According to our (Global Info Research) latest study, the global Multi-Factor Authentication (MFA) market size was valued at USD 13210 million in 2023 and is forecast to a readjusted size of USD 44010 million by 2030 with a CAGR of 18.8% during review period.
This report studies the Multi-factor Authentication (MFA) market. Multifactor authentication (MFA) is a security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity for a login or other transaction.
United States is the largest Multi-Factor Authentication (MFA) market with about 35% market share. Europe is follower, accounting for about 30% market share.
The key players are Morpho (France), Gemalto (Netherlands), NEC (Japan), Entrust Inc. (US), Broadcom, Fujitsu (Japan), VASCO Data Security (US), HID Global (US), RSA Security (US), Symantec Corporation (US), SecurEnvoy ltd (England), Crossmatch (US), Duo Secuirty (US), Deepnet Security (England), CensorNet Ltd. (England) etc. Top 3 companies occupied about 30% market share.
The Global Info Research report includes an overview of the development of the Multi-Factor Authentication (MFA) industry chain, the market status of Banking and Finance (Two-Factor Authentication, Three-Factor Authentication), Government (Two-Factor Authentication, Three-Factor Authentication), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Multi-Factor Authentication (MFA).
Regionally, the report analyzes the Multi-Factor Authentication (MFA) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Multi-Factor Authentication (MFA) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Multi-Factor Authentication (MFA) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Multi-Factor Authentication (MFA) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Two-Factor Authentication, Three-Factor Authentication).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Multi-Factor Authentication (MFA) market.
Regional Analysis: The report involves examining the Multi-Factor Authentication (MFA) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Multi-Factor Authentication (MFA) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Multi-Factor Authentication (MFA):
Company Analysis: Report covers individual Multi-Factor Authentication (MFA) players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Multi-Factor Authentication (MFA) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Banking and Finance, Government).
Technology Analysis: Report covers specific technologies relevant to Multi-Factor Authentication (MFA). It assesses the current state, advancements, and potential future developments in Multi-Factor Authentication (MFA) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Multi-Factor Authentication (MFA) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Multi-Factor Authentication (MFA) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Two-Factor Authentication
Three-Factor Authentication
Others
Market segment by Application
Banking and Finance
Government
Travel and Immigration
Military and Defense
Commercial Security
Consumer Electronics
Healthcare
Others
Market segment by players, this report covers
Morpho (France)
Gemalto (Netherlands)
NEC (Japan)
Entrust Inc. (US)
Broadcom
Fujitsu (Japan)
VASCO Data Security (US)
HID Global (US)
RSA Security (US)
Symantec Corporation (US)
SecurEnvoy ltd (England)
Crossmatch (US)
Duo Secuirty (US)
Deepnet Security (England)
CensorNet Ltd. (England)
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Multi-Factor Authentication (MFA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Multi-Factor Authentication (MFA), with revenue, gross margin and global market share of Multi-Factor Authentication (MFA) from 2019 to 2024.
Chapter 3, the Multi-Factor Authentication (MFA) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Multi-Factor Authentication (MFA) market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Multi-Factor Authentication (MFA).
Chapter 13, to describe Multi-Factor Authentication (MFA) research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Multi-Factor Authentication (MFA)
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Multi-Factor Authentication (MFA) by Type
    • 1.3.1 Overview: Global Multi-Factor Authentication (MFA) Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Type in 2023
    • 1.3.3 Two-Factor Authentication
    • 1.3.4 Three-Factor Authentication
    • 1.3.5 Others
  • 1.4 Global Multi-Factor Authentication (MFA) Market by Application
    • 1.4.1 Overview: Global Multi-Factor Authentication (MFA) Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Banking and Finance
    • 1.4.3 Government
    • 1.4.4 Travel and Immigration
    • 1.4.5 Military and Defense
    • 1.4.6 Commercial Security
    • 1.4.7 Consumer Electronics
    • 1.4.8 Healthcare
    • 1.4.9 Others
  • 1.5 Global Multi-Factor Authentication (MFA) Market Size & Forecast
  • 1.6 Global Multi-Factor Authentication (MFA) Market Size and Forecast by Region
    • 1.6.1 Global Multi-Factor Authentication (MFA) Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Multi-Factor Authentication (MFA) Market Size by Region, (2019-2030)
    • 1.6.3 North America Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
    • 1.6.6 South America Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East and Africa Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Morpho (France)
    • 2.1.1 Morpho (France) Details
    • 2.1.2 Morpho (France) Major Business
    • 2.1.3 Morpho (France) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.1.4 Morpho (France) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Morpho (France) Recent Developments and Future Plans
  • 2.2 Gemalto (Netherlands)
    • 2.2.1 Gemalto (Netherlands) Details
    • 2.2.2 Gemalto (Netherlands) Major Business
    • 2.2.3 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.2.4 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Gemalto (Netherlands) Recent Developments and Future Plans
  • 2.3 NEC (Japan)
    • 2.3.1 NEC (Japan) Details
    • 2.3.2 NEC (Japan) Major Business
    • 2.3.3 NEC (Japan) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.3.4 NEC (Japan) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 NEC (Japan) Recent Developments and Future Plans
  • 2.4 Entrust Inc. (US)
    • 2.4.1 Entrust Inc. (US) Details
    • 2.4.2 Entrust Inc. (US) Major Business
    • 2.4.3 Entrust Inc. (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.4.4 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Entrust Inc. (US) Recent Developments and Future Plans
  • 2.5 Broadcom
    • 2.5.1 Broadcom Details
    • 2.5.2 Broadcom Major Business
    • 2.5.3 Broadcom Multi-Factor Authentication (MFA) Product and Solutions
    • 2.5.4 Broadcom Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Broadcom Recent Developments and Future Plans
  • 2.6 Fujitsu (Japan)
    • 2.6.1 Fujitsu (Japan) Details
    • 2.6.2 Fujitsu (Japan) Major Business
    • 2.6.3 Fujitsu (Japan) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.6.4 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Fujitsu (Japan) Recent Developments and Future Plans
  • 2.7 VASCO Data Security (US)
    • 2.7.1 VASCO Data Security (US) Details
    • 2.7.2 VASCO Data Security (US) Major Business
    • 2.7.3 VASCO Data Security (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.7.4 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 VASCO Data Security (US) Recent Developments and Future Plans
  • 2.8 HID Global (US)
    • 2.8.1 HID Global (US) Details
    • 2.8.2 HID Global (US) Major Business
    • 2.8.3 HID Global (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.8.4 HID Global (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 HID Global (US) Recent Developments and Future Plans
  • 2.9 RSA Security (US)
    • 2.9.1 RSA Security (US) Details
    • 2.9.2 RSA Security (US) Major Business
    • 2.9.3 RSA Security (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.9.4 RSA Security (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 RSA Security (US) Recent Developments and Future Plans
  • 2.10 Symantec Corporation (US)
    • 2.10.1 Symantec Corporation (US) Details
    • 2.10.2 Symantec Corporation (US) Major Business
    • 2.10.3 Symantec Corporation (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.10.4 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Symantec Corporation (US) Recent Developments and Future Plans
  • 2.11 SecurEnvoy ltd (England)
    • 2.11.1 SecurEnvoy ltd (England) Details
    • 2.11.2 SecurEnvoy ltd (England) Major Business
    • 2.11.3 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.11.4 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 SecurEnvoy ltd (England) Recent Developments and Future Plans
  • 2.12 Crossmatch (US)
    • 2.12.1 Crossmatch (US) Details
    • 2.12.2 Crossmatch (US) Major Business
    • 2.12.3 Crossmatch (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.12.4 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Crossmatch (US) Recent Developments and Future Plans
  • 2.13 Duo Secuirty (US)
    • 2.13.1 Duo Secuirty (US) Details
    • 2.13.2 Duo Secuirty (US) Major Business
    • 2.13.3 Duo Secuirty (US) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.13.4 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Duo Secuirty (US) Recent Developments and Future Plans
  • 2.14 Deepnet Security (England)
    • 2.14.1 Deepnet Security (England) Details
    • 2.14.2 Deepnet Security (England) Major Business
    • 2.14.3 Deepnet Security (England) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.14.4 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Deepnet Security (England) Recent Developments and Future Plans
  • 2.15 CensorNet Ltd. (England)
    • 2.15.1 CensorNet Ltd. (England) Details
    • 2.15.2 CensorNet Ltd. (England) Major Business
    • 2.15.3 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Product and Solutions
    • 2.15.4 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 CensorNet Ltd. (England) Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Multi-Factor Authentication (MFA) Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Multi-Factor Authentication (MFA) by Company Revenue
    • 3.2.2 Top 3 Multi-Factor Authentication (MFA) Players Market Share in 2023
    • 3.2.3 Top 6 Multi-Factor Authentication (MFA) Players Market Share in 2023
  • 3.3 Multi-Factor Authentication (MFA) Market: Overall Company Footprint Analysis
    • 3.3.1 Multi-Factor Authentication (MFA) Market: Region Footprint
    • 3.3.2 Multi-Factor Authentication (MFA) Market: Company Product Type Footprint
    • 3.3.3 Multi-Factor Authentication (MFA) Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Multi-Factor Authentication (MFA) Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Multi-Factor Authentication (MFA) Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Multi-Factor Authentication (MFA) Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
  • 6.2 North America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
  • 6.3 North America Multi-Factor Authentication (MFA) Market Size by Country
    • 6.3.1 North America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
    • 6.3.2 United States Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
  • 7.2 Europe Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
  • 7.3 Europe Multi-Factor Authentication (MFA) Market Size by Country
    • 7.3.1 Europe Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 7.3.3 France Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size by Region
    • 8.3.1 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Region (2019-2030)
    • 8.3.2 China Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 8.3.5 India Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
  • 9.2 South America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
  • 9.3 South America Multi-Factor Authentication (MFA) Market Size by Country
    • 9.3.1 South America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Country
    • 10.3.1 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Multi-Factor Authentication (MFA) Market Drivers
  • 11.2 Multi-Factor Authentication (MFA) Market Restraints
  • 11.3 Multi-Factor Authentication (MFA) Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Multi-Factor Authentication (MFA) Industry Chain
  • 12.2 Multi-Factor Authentication (MFA) Upstream Analysis
  • 12.3 Multi-Factor Authentication (MFA) Midstream Analysis
  • 12.4 Multi-Factor Authentication (MFA) Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Multi-Factor Authentication (MFA) . Industry analysis & Market Report on Multi-Factor Authentication (MFA) is a syndicated market report, published as Global Multi-Factor Authentication (MFA) Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Multi-Factor Authentication (MFA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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