Global Multi-Factor Authentication Market Report 2024

Multi-Factor Authentication Global Market Report 2024 – By Component( Hardware, Software, Services), By Model Type( Two factor, Three Factor, Four Factor, Five Factor), By Authentication Type( Password, Passwordless), By Organization( Large, SME's), By Vertical( BFSI, Government, Travel and Immigration, Military and Defense, Commercial security, Healthcare, IT, Telecommunication, Media and Entertainment, Other Verticals) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Multi-Factor Authentication Market Definition And Segments

The multi-factor authentication refers to an authentication method for which the primary aim is to build a layered authorization that makes it more difficult for an unauthorized person to gain access to user information. This enhances the organization's security by requiring users to identify themselves with more than a username and password.

The main models of multi-factor authentication are two factors, three factors, four factors, and five factors. The two-factor multi-factor authentication uses two factors to authenticate the system. Two-factor authentication requires users to provide two distinct authentication factors as part of a security procedure. The authentication types include password and password-less, and the components of multi-factor authentication include hardware, software, and services. The multi-factor authentication is suitable for large and small and medium enterprises that are applied in BFSI, government, travel and immigration, military and defense, commercial security, healthcare, IT, telecommunication, media and entertainment, and other verticals.

The multi-factor authentication market covered in this report is segmented –

1) By Component: Hardware, Software, Services

2) By Model Type: Two factor, Three Factor, Four Factor, Five Factor

3) By Authentication Type: Password, Passwordless

4) By Organization: Large, SME's

5) By Vertical: BFSI, Government, Travel and Immigration, Military and Defense, Commercial security, Healthcare, IT, Telecommunication, Media and Entertainment, Other Verticals

The multi-factor authentication market size has grown rapidly in recent years. It will grow from $15.25 billion in 2023 to $17.78 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increased cyberattacks, vendor innovations, MFA integration, industry-specific applications, legacy security vulnerabilities.

The multi-factor authentication market size is expected to see rapid growth in the next few years. It will grow to $34.29 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to integration with IAM solutions, industry-specific applications, biometric adoption growth, continuous authentication demand, enhanced user experience. Major trends in the forecast period include escalating cyber threats, remote workforce expansion, zero trust security models, advancements in authentication technologies, data privacy concerns .

Rapid Surge In Cybersecurity Threats

The rise in data breaches and cyber-attacks is expected to propel the growth of the multi-factor authentication market. Cyber data breaches are identified as gaining unauthorized access to a computer system or network to obtain private, sensitive, or confidential personal and financial information from customers or users. Due to the numerous planned breaches, there is a need to enforce multi-factor authentication to prevent data breaches with endpoint detection and response (EDR), biometric technology, cloud security, code audits, and embedded system security assessments. For instance, in July 2021, according to the Cost of a Data Breach Report 2021 published by IBM, a US-based technology corporation, the data breach costs increased significantly year over year, rising from $3.86 million in 2020 to $4.24 million in 2021. Furthermore, in July 2021, according to the Identity Theft Resource Center (ITRC) report, U.S. data breaches were up 38% in the second quarter (Q2) of 2021 compared to the first quarter (Q1). Therefore, the rise in data breaches and cyberattacks is driving the growth of multi-factor authentication.

Telecom-Enabled Authentication Revolution

The increasing telecommunication industry is expected to propel the growth of the multi-factor authentication solutions market. The telecommunications industry encompasses the technology, services, and infrastructure involved in the transmission of information over long distances. The telecommunications industry is an integral part of the MFA ecosystem, providing the necessary infrastructure and services to support various authentication methods and enhance the overall security of digital transactions and access control. For example, in October 2023, according to Tech Report, a US-based web site that used to be dedicated to covering personal computing technology and culture, the anticipated global revenue for telecom services is projected to reach £1.13 billion ($1.38 billion) in 2023 and is expected to further increase to $1.58 trillion by 2028. In 2023, the estimated global Information Technology (IT) spending specifically on telecommunications services is $1.5 trillion, indicating a 2.8% growth compared to the $1.42 trillion spent in 2022. Therefore, the increasing telecommunication industry will drive the growth of multi-factor authentication solutions market.

Major companies operating in the multi-factor authentication market report are Microsoft Corporation, Broadcom Inc., OneSpan Inc., Okta Inc., Thales Group, Dell Technologies Inc., Cisco Systems Inc., HID Global Corporation, Yubico AB, Micro Focus, OneLogin Inc., Ping Identity Corporation, SecureAuth Corporation, Entrust Datacard Corporation, Oracle Corporation, IBM Corporation, Google LLC, RSA Security LLC, Duo Security, LastPass MFA, ForgeRock, Auth0, Idaptive, CyberArk, Beyond Identity, HYPR, Transmit Security, Idemia, SecureKey Technologies Inc., Trusona

Innovative Authentication Solutions In A Connected World

Technological advancement is the key trend gaining popularity in the multi-factor authentication market. Major companies operating in multi-factor authentication are focused on developing technologically advanced security services and solutions such as smart cards and password-less authentication systems to strengthen their market position. For instance, in June 2022, US-based Xage Security, a computer and network security company, launched multi-layer, multi-factor authentication protection for critical infrastructure. The multi-layer MFA solution from Xage combines zero-trust access control with a defense-in-depth authentication strategy. The users confirm their identity as each layer of access privilege is granted to them, allowing independent user verification at the level of an entire operation.

Rising Adoption Of Educational-Focused Multi-Factor Authentication Solutions

Major companies operating in zero trust security are focused on the rising adoption of educational-focused multi-factor authentication solutions to strengthen their market position. Educational-focused multi-factor authentication (MFA) solutions are designed to address the specific security needs of educational institutions, ensuring the protection of sensitive academic data and compliance with regulations. The educational-focused MFA solutions play a pivotal role in shaping the MFA market by providing tailored, user-friendly, and effective security measures for educational institutions. These solutions contribute to the overall advancement of MFA adoption across diverse sectors, addressing specific challenges and fostering a culture of cybersecurity within the education industry. For example, in April 2023, Clever, a US-based company that provides Multi-Factor Authentication (MFA+) solutions, launched multi-factor authentication to Help K-12 Schools. The solution aims to provide a seamless and robust data protection mechanism for educational institutions, addressing the increasing cybersecurity threats faced by schools. Clever MFA+ offers a dual layer of authentication, making it easy for administrators and educators to use, and helps prevent malicious account access, meet insurance requirements, and ensure a safe and secure learning environment.

Secureauth Fortifies Identity Security With Acceptto Merger

In November 2021, SecureAuth Corporation, a US-based access management and authentication company, acquired Acceptto for an undisclosed amount. The acquisition will enable SecureAuth to capitalize on the growing strategic need for enterprises to better secure identities and support their increasing hybrid workforce, boost digital customer engagement, and migrate to the cloud and zero-trust networks. Acceptto Corporation is a US-based computer and network security company specialized in multi-factor authentication, identity management, and access management.

North America was the largest region in the multi-factor authentication market share in 2023. The regions covered in the multi-factor authentication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the multi-factor authentication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multi-factor authentication market consists of revenues earned by entities by providing SMS token authentication, email token authentication, phone authentication, and biometric authentication. The market value includes the value of related goods sold by the service provider or included within the service offering. The multi-factor authentication market also includes sales of hardware tokens for authentication. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The multi-factor authentication market research report is one of a series of new reports from The Business Research Company that provides multi-factor authentication market statistics, including multi-factor authentication industry global market size, regional shares, competitors with a multi-factor authentication market share, detailed multi-factor authentication market segments, market trends and opportunities, and any further data you may need to thrive in the multi-factor authentication industry. This multi-factor authentication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Multi-Factor Authentication Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $17.78 billion
Revenue Forecast In 2033 $34.29 billion
Growth Rate CAGR of 17.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Hardware, Software, Services
2) By Model Type: Two factor, Three Factor, Four Factor, Five Factor
3) By Authentication Type: Password, Passwordless
4) By Organization: Large, SME's
5) By Vertical: BFSI, Government, Travel and Immigration, Military and Defense, Commercial security, Healthcare, IT, Telecommunication, Media and Entertainment, Other Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Microsoft Corporation; Broadcom Inc.; OneSpan Inc.; Okta Inc.; Thales Group; Dell Technologies Inc.; Cisco Systems Inc.; HID Global Corporation; Yubico AB; Micro Focus; OneLogin Inc.; Ping Identity Corporation; SecureAuth Corporation; Entrust Datacard Corporation; Oracle Corporation; IBM Corporation; Google LLC; RSA Security LLC; Duo Security; LastPass MFA; ForgeRock; Auth0; Idaptive; CyberArk; Beyond Identity; HYPR; Transmit Security; Idemia; SecureKey Technologies Inc.; Trusona
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Multi-Factor Authentication Market Characteristics

    3. Multi-Factor Authentication Market Trends And Strategies

    4. Multi-Factor Authentication Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Multi-Factor Authentication Market Size and Growth

    5.1. Global Multi-Factor Authentication Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Multi-Factor Authentication Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Multi-Factor Authentication Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Multi-Factor Authentication Market Segmentation

    6.1. Global Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hardware

    Software

    Services

    6.2. Global Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Two factor

    Three Factor

    Four Factor

    Five Factor

    6.3. Global Multi-Factor Authentication Market, Segmentation By Authentication Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Password

    Passwordless

    6.4. Global Multi-Factor Authentication Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Large

    SME's

    6.5. Global Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    BFSI

    Government

    Travel and Immigration

    Military and Defense

    Commercial security

    Healthacre

    IT

    Telecommunication

    Other Verticals

    7. Multi-Factor Authentication Market Regional And Country Analysis

    7.1. Global Multi-Factor Authentication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Multi-Factor Authentication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Multi-Factor Authentication Market  

    8.1. Asia-Pacific Multi-Factor Authentication Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Multi-Factor Authentication Market  

    9.1. China Multi-Factor Authentication Market Overview  

    9.2. China Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Multi-Factor Authentication Market  

    10.1. India Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Multi-Factor Authentication Market  

    11.1. Japan Multi-Factor Authentication Market Overview  

    11.2. Japan Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Multi-Factor Authentication Market  

    12.1. Australia Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Multi-Factor Authentication Market  

    13.1. Indonesia Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Multi-Factor Authentication Market  

    14.1. South Korea Multi-Factor Authentication Market Overview  

    14.2. South Korea Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Multi-Factor Authentication Market  

    15.1. Western Europe Multi-Factor Authentication Market Overview

    15.2. Western Europe Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Multi-Factor Authentication Market  

    16.1. UK Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Multi-Factor Authentication Market  

    17.1. Germany Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Multi-Factor Authentication Market  

    18.5. France Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Multi-Factor Authentication Market  

    19.9. Italy Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Multi-Factor Authentication Market  

    20.13. Spain Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Multi-Factor Authentication Market  

    21.1. Eastern Europe Multi-Factor Authentication Market Overview

    21.2. Eastern Europe Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Multi-Factor Authentication Market  

    22.1. Russia Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Multi-Factor Authentication Market  

    23.1. North America Multi-Factor Authentication Market Overview

    23.2. North America Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Multi-Factor Authentication Market  

    24.1. USA Multi-Factor Authentication Market Overview

    24.2. USA Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Multi-Factor Authentication Market  

    25.1. Canada Multi-Factor Authentication Market Overview

    25.2. Canada Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Multi-Factor Authentication Market  

    26.1. South America Multi-Factor Authentication Market Overview

    26.2. South America Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Multi-Factor Authentication Market  

    27.1. Brazil Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Multi-Factor Authentication Market  

    28.1. Middle East Multi-Factor Authentication Market Overview

    28.2. Middle East Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Multi-Factor Authentication Market  

    29.1. Africa Multi-Factor Authentication Market Overview

    29.2. Africa Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Multi-Factor Authentication Market Competitive Landscape And Company Profiles

    30.1. Multi-Factor Authentication Market Competitive Landscape

    30.2. Multi-Factor Authentication Market Company Profiles

    30.2.1. Microsoft Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Broadcom Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. OneSpan Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Okta Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Thales Group

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Multi-Factor Authentication Market Competitive Benchmarking

    32. Global Multi-Factor Authentication Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Multi-Factor Authentication Market

    34. Multi-Factor Authentication Market Future Outlook and Potential Analysis

    34.1 Multi-Factor Authentication Market In 2028 - Countries Offering Most New Opportunities

    34.2 Multi-Factor Authentication Market In 2028 - Segments Offering Most New Opportunities

    34.3 Multi-Factor Authentication Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Multi-Factor Authentication Market, Segmentation By Authentication Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Multi-Factor Authentication Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Multi-Factor Authentication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Multi-Factor Authentication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Microsoft Corporation Financial Performance
  • Table 77: Broadcom Inc. Financial Performance
  • Table 78: OneSpan Inc. Financial Performance
  • Table 79: Okta Inc. Financial Performance
  • Table 80: Thales Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Multi-Factor Authentication Market, Segmentation By Authentication Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Multi-Factor Authentication Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Multi-Factor Authentication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Multi-Factor Authentication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Multi-Factor Authentication Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Multi-Factor Authentication Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Multi-Factor Authentication Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Microsoft Corporation Financial Performance
  • Figure 77: Broadcom Inc. Financial Performance
  • Figure 78: OneSpan Inc. Financial Performance
  • Figure 79: Okta Inc. Financial Performance
  • Figure 80: Thales Group Financial Performance
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Frequently Asked Questions

What is the definition of the multi-factor authentication market?

The multi-factor authentication refers to an authentication method for which the primary aim is to build a layered authorization that makes it more difficult for an unauthorized person to gain access to user information. This enhances the organization's security by requiring users to identify themselves with more than a username and password. For further insights on the multi-factor authentication market, request a sample here

How will the multi-factor authentication market drivers and restraints affect the multi-factor authentication market dynamics? What forces will shape the multi-factor authentication industry going forward?

The multi-factor authentication market major growth driver - rapid surge in cybersecurity threats. For further insights on the multi-factor authentication market, request a sample here

What is the forecast market size or the forecast market value of the multi-factor authentication market ?

The multi-factor authentication market size has grown rapidly in recent years. It will grow from $15.25 billion in 2023 to $17.78 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increased cyberattacks, vendor innovations, mfa integration, industry-specific applications , legacy security vulnerabilities. The multi-factor authentication market size is expected to see rapid growth in the next few years. It will grow to $34.29 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to integration with iam solutions, industry-specific applications , biometric adoption growth , continuous authentication demand, enhanced user experience. Major trends in the forecast period include escalating cyber threats, remote workforce expansion, zero trust security models, advancements in authentication technologies, data privacy concerns . For further insights on the multi-factor authentication market, request a sample here

How is the multi-factor authentication market segmented?

The multi-factor authentication market is segmentedThe multi-factor authentication market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Model Type: Two factor, Three Factor, Four Factor, Five Factor
3) By Authentication Type: Password, Passwordless
4) By Organization: Large, SME's
5) By Vertical: BFSI, Government, Travel and Immigration, Military and Defense, Commercial security, Healthacre, IT, Telecommunication, Media and Entertainment, Other VerticalsFor further insights on the multi-factor authentication market, request a sample here

Which region has the largest share of the multi-factor authentication market? What are the other regions covered in the report?

North America was the largest region in the multi-factor authentication market share in 2023. The regions covered in the multi-factor authentication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the multi-factor authentication market, request a sample here.

Who are the major players in the multi-factor authentication market?

Major companies operating in the multi-factor authentication market report are Microsoft Corporation, Broadcom Inc., OneSpan Inc., Okta Inc., Thales Group, Dell Technologies Inc., Cisco Systems Inc., HID Global Corporation, Yubico AB, Micro Focus, OneLogin Inc., Ping Identity Corporation, SecureAuth Corporation, Entrust Datacard Corporation, Oracle Corporation, IBM Corporation, Google LLC, RSA Security LLC, Duo Security, LastPass MFA, ForgeRock, Auth0, Idaptive, CyberArk, Beyond Identity, HYPR, Transmit Security, Idemia, SecureKey Technologies Inc., Trusona For further insights on the multi-factor authentication market, request a sample here.

What are the key trends in the multi-factor authentication market?

Major trend in the multi-factor authentication market - innovative authentication solutions in a connected world. For further insights on the multi-factor authentication market, request a sample here.

What are the major opportunities in the multi-factor authentication market? What are the strategies for the multi-factor authentication market?

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How does the multi-factor authentication market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the multi-factor authentication industry?

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What are the key dynamics influencing the multi-factor authentication market growth? SWOT analysis of the multi-factor authentication market.

For detailed insights on the key dynamics influencing the multi-factor authentication market growth and SWOT analysis of the multi-factor authentication industry, request a sample here.