Market Scenario
Multifactor Authentication Market was valued US$6.93 Bn by 2017 and is estimated to reach US$24.82 Bn by 2026 at a CAGR of about 15.23% during a forecast period.
Multi-factor authentication utilizes many-fold methods of authentication to verify a user’s identity. Authenticating user identity ensures security during online transactions and accessing corporate resources. Multi-factor authentication utilized for Credentials breach of data that enterprise in order to administer an extra security layer that makes users authenticate via knowledge, possession, and inherence factors to gain access to corporate and social networks. A large number of countries have introduced countermeasures to implement the regulations such as HIPAA, Basel II, Gramm-Leach-Bliley Act (GLBA), PCI DSS, and SOX.
Multifactor Authentication Market
Based on the Model type, Multifactor Authentication market can be fragmented into Two-factor, Three-factor, Four-factor and Five factor. Authentication model of five-factor is expected to grow at the highest rate during the forecast period. As five-factor authentication model provides a high level of security to top secret information, which is of high importance. Provide many good solutions for government applications such as security services, homeland access to top-secret national data/files, safeguarding data, and technology in national research centers.
Based on application Multifactor Authentication market is sectionized into BFSI, Government, Healthcare, Retail, and Telecom & IT. Increasing online traction and the growth of e-commerce are the major factors for growth. Many regulatory bodies have moved to regulation for the use of multifactor authentication technology in this application. Thus BFSI is accounted for the largest share in multifactor authentication market.
In terms of geography Multifactor Authentication market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to dominate the Multifactor Authentication market over the forecast period. Many companies of this market are significantly focusing on strategic mergers and acquisitions for deeper geographical penetration. The growth of the North American region is majorly followed by countries such as the United States and Canada. According to 2017, multi-factor authentication market revenue in North America is around 2327.5 Mn.
Key Players Profiled and Analyzed in the Report
CA Technologies, RSA Security, SecureAuth Corporation, Gemalto, Microsoft Corporation, HID Global Corporation/ASSA ABLOY AB, Symantec Corporation, Vasco Data Security International Inc., Safran, Okta Inc., NEC Corporation, Ping Identity, Fujits, Entrust Datacard Corporation and HID Global Corporation, 3M, VASCO Data Security International Inc., RSA Security LLC , Suprema HQ Inc. , and Crossmatch
Scope of the Multifactor Authentication Market
Multifactor Authentication Market by Model Type:
• Two-factor
• Three-factor
• Four-factor
• Five-Factor
Multifactor Authentication Market by Application Type:
• BFSI
• Government
• Healthcare
• Retail
• Telecom & IT
Multifactor Authentication Market by Region:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key Players in the Multifactor Authentication Market:
1. CA Technologies
2. RSA Security
3. SecureAuth Corporation
4. Gemalto
5. Microsoft Corporation
6. HID Global Corporation/ASSA ABLOY AB
7. Symantec Corporation
8. Vasco Data Security International Inc.
9. Safran
10. Okta Inc.
11. NEC Corporation
12. Ping Identity
13. Fujits
14. Entrust Datacard Corporation
15. HID Global Corporation
16. 3M
17. VASCO Data Security International Inc.
18. RSA Security LLC
19. Suprema HQ Inc.
20. Crossmatch
Table of Contents
Multifactor Authentication Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Multifactor Authentication market Size, by Market Value (US$ Mn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
5. Global Multifactor Authentication market Analysis and Forecast
5.1. Global Multifactor Authentication market Analysis and Forecast
5.2. Global Multifactor Authentication market Size & Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global Multifactor Authentication market Analysis and Forecast, by Model type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Multifactor Authentication market Value Share Analysis, by Model type
6.4. Global Multifactor Authentication Market Size (US$ Mn) Forecast, by Model type
6.5. Global Multifactor Authentication market Analysis, by Model type
6.6. Global Multifactor Authentication market Attractiveness Analysis, by Model type
7. Global Multifactor Authentication market Analysis and Forecast, by Application type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Multifactor Authentication market Value Share Analysis, by Application type
7.4. Global Multifactor Authentication Market Size (US$ Mn) Forecast, by Application type
7.5. Global Multifactor Authentication market Analysis, by Application type
7.6. Global Multifactor Authentication market Attractiveness Analysis, by Application type
8. Global Multifactor Authentication market Analysis, by Region
8.1. Key Findings
8.2. Global Multifactor Authentication market Value Share Analysis, by Region
8.3. Global Multifactor Authentication Market Size (US$ Mn) Forecast, by Region
8.4. Global Multifactor Authentication market Analysis, by Region
8.5. Global Multifactor Authentication market Attractiveness Analysis, by Region
9. North America Multifactor Authentication market Analysis
9.1. North America Multifactor Authentication market Overview
9.2. North America Multifactor Authentication market Value Share Analysis, by Model type
9.3. North America Multifactor Authentication market Forecast, by Model type
9.3.1. Two-factor
9.3.2. Three-factor
9.3.3. Four-factor
9.3.4. Five-Factor
9.4. North America Multifactor Authentication market Value Share Analysis, by Application type
9.5. North America Multifactor Authentication market Forecast, by Application type
9.5.1. BFSI
9.5.2. Government
9.5.3. Healthcare
9.5.4. Retail
9.5.5. Telecom & IT
9.6. North America Multifactor Authentication market Value Share Analysis, by Country
9.7. North America Multifactor Authentication market Forecast, by Country
9.7.1.1. U.S.
9.7.1.2. Canada.
9.8. North America Multifactor Authentication market Analysis, by Country
9.8.1.1. U.S.
9.8.1.2. Canada.
9.9. U.S. Multifactor Authentication market Forecast, by Model type
9.9.1. Two-factor
9.9.2. Three-factor
9.9.3. Four-factor
9.9.4. Five-Factor
9.10. U.S. Multifactor Authentication market Forecast, by Application type
9.10.1. BFSI
9.10.2. Government
9.10.3. Healthcare
9.10.4. Retail
9.10.5. Telecom & IT
9.11. Canada Multifactor Authentication market Forecast, by Model type
9.11.1. Two-factor
9.11.2. Three-factor
9.11.3. Four-factor
9.11.4. Five-Factor
9.12. Canada Multifactor Authentication market Forecast, by Application type
9.12.1. BFSI
9.12.2. Government
9.12.3. Healthcare
9.12.4. Retail
9.12.5. Telecom & IT
9.13. North America Multifactor Authentication market Attractiveness Analysis
9.13.1. By Model type
9.13.2. By Application type
9.14. PEST Analysis
10. Europe Multifactor Authentication market Analysis
10.1. Key Findings
10.2. Europe Multifactor Authentication market Overview
10.3. Europe Multifactor Authentication market Value Share Analysis, by Model type
10.4. Europe Multifactor Authentication market Forecast, by Model type
10.4.1. Two-factor
10.4.2. Three-factor
10.4.3. Four-factor
10.4.4. Five-Factor
10.5. Europe Multifactor Authentication market Value Share Analysis, by Application type
10.6. Europe Multifactor Authentication market Forecast, by Application type
10.6.1. BFSI
10.6.2. Government
10.6.3. Healthcare
10.6.4. Retail
10.6.5. Telecom & IT
10.7. Europe Multifactor Authentication market Forecast, by Country
10.7.1. Germany
10.7.2. U.K.
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Rest of Europe
10.8. Europe Multifactor Authentication market Analysis, by Country/ Sub-region
10.9. Germany Multifactor Authentication market Forecast, by Model type
10.9.1. Two-factor
10.9.2. Three-factor
10.9.3. Four-factor
10.9.4. Five-Factor
10.10. Germany Multifactor Authentication market Forecast, by Application type
10.10.1. BFSI
10.10.2. Government
10.10.3. Healthcare
10.10.4. Retail
10.10.5. Telecom & IT
10.11. U.K. Multifactor Authentication market Forecast, by Model type
10.11.1. Two-factor
10.11.2. Three-factor
10.11.3. Four-factor
10.11.4. Five-Factor
10.12. U.K. Multifactor Authentication market Forecast, by Application type
10.12.1. BFSI
10.12.2. Government
10.12.3. Healthcare
10.12.4. Retail
10.12.5. Telecom & IT
10.13. France Multifactor Authentication market Forecast, by Model type
10.13.1. Two-factor
10.13.2. Three-factor
10.13.3. Four-factor
10.13.4. Five-Factor
10.14. France Multifactor Authentication market Forecast, by Application type
10.14.1. BFSI
10.14.2. Government
10.14.3. Healthcare
10.14.4. Retail
10.14.5. Telecom & IT
10.15. Italy Multifactor Authentication market Forecast, by Model type
10.15.1. Two-factor
10.15.2. Three-factor
10.15.3. Four-factor
10.15.4. Five-Factor
10.16. Italy Multifactor Authentication market Forecast, by Application type
10.16.1. BFSI
10.16.2. Government
10.16.3. Healthcare
10.16.4. Retail
10.16.5. Telecom & IT
10.17. Spain Multifactor Authentication market Forecast, by Model type
10.17.1. Two-factor
10.17.2. Three-factor
10.17.3. Four-factor
10.17.4. Five-Factor
10.18. Spain Multifactor Authentication market Forecast, by Application type
10.18.1. BFSI
10.18.2. Government
10.18.3. Healthcare
10.18.4. Retail
10.18.5. Telecom & IT
10.19. Rest of Europe Multifactor Authentication market Forecast, by Model type
10.19.1. Two-factor
10.19.2. Three-factor
10.19.3. Four-factor
10.19.4. Five-Factor
10.20. Rest of Europe Multifactor Authentication market Forecast, by Application
10.20.1. BFSI
10.20.2. Government
10.20.3. Healthcare
10.20.4. Retail
10.20.5. Telecom & IT
10.21. Europe Multifactor Authentication market Attractiveness Analysis
10.21.1. By Model type
10.21.2. By Application type
10.22. PEST Analysis
11. Asia Pacific Multifactor Authentication market Analysis
11.1. Key Findings
11.2. Asia Pacific Multifactor Authentication market Overview
11.3. Asia Pacific Multifactor Authentication market Value Share Analysis, by Coating type
11.4. Asia Pacific Multifactor Authentication market Forecast, by Model type
11.4.1. Two-factor
11.4.2. Three-factor
11.4.3. Four-factor
11.4.4. Five-Factor
11.5. Asia Pacific Multifactor Authentication market Value Share Analysis, by Application type
11.6. Asia Pacific Multifactor Authentication market Forecast, by Application type
11.6.1. BFSI
11.6.2. Government
11.6.3. Healthcare
11.6.4. Retail
11.6.5. Telecom & IT
11.7. Asia Pacific Multifactor Authentication market Value Share Analysis, by Country
11.8. Asia Pacific Multifactor Authentication market Forecast, by Country
11.8.1. China.
11.8.2. India.
11.8.3. Japan.
11.8.4. ASEAN.
11.8.5. Rest of Asia Pacific.
11.9. Asia Pacific Multifactor Authentication market Analysis, by Country/ Sub-region
11.10. China Multifactor Authentication market Forecast, by Model type
11.10.1. Two-factor
11.10.2. Three-factor
11.10.3. Four-factor
11.10.4. Five-Factor
11.11. China Multifactor Authentication market Forecast, by Application type
11.11.1. BFSI
11.11.2. Government
11.11.3. Healthcare
11.11.4. Retail
11.11.5. Telecom & IT
11.12. India Multifactor Authentication market Forecast, by Application type
11.12.1. BFSI
11.12.2. Government
11.12.3. Healthcare
11.12.4. Retail
11.12.5. Telecom & IT
11.13. India Multifactor Authentication market Forecast, by Model type
11.13.1. Two-factor
11.13.2. Three-factor
11.13.3. Four-factor
11.13.4. Five-Factor
11.14. India Multifactor Authentication market Forecast, by Application type
11.14.1. BFSI
11.14.2. Government
11.14.3. Healthcare
11.14.4. Retail
11.14.5. Telecom & IT
11.15. India Multifactor Authentication market Forecast, by Model type
11.15.1. Two-factor
11.15.2. Three-factor
11.15.3. Four-factor
11.15.4. Five-Factor
11.16. ASEAN Multifactor Authentication market Forecast, by Model type
11.16.1. Two-factor
11.16.2. Three-factor
11.16.3. Four-factor
11.16.4. Five-Factor
11.17. ASEAN Multifactor Authentication market Forecast, by Application type
11.17.1. BFSI
11.17.2. Government
11.17.3. Healthcare
11.17.4. Retail
11.17.5. Telecom & IT
11.18. Rest of Asia Pacific Multifactor Authentication market Forecast, by Model type
11.18.1. Two-factor
11.18.2. Three-factor
11.18.3. Four-factor
11.18.4. Five-Factor
11.19. Rest of Asia Pacific Multifactor Authentication market Forecast, by Application type
11.19.1. BFSI
11.19.2. Government
11.19.3. Healthcare
11.19.4. Retail
11.19.5. Telecom & IT
11.20. Asia Pacific Multifactor Authentication market Attractiveness Analysis
11.20.1. By Model type
11.20.2. By Application type
11.21. PEST Analysis
12. Middle East & Africa Multifactor Authentication market Analysis
12.1. Key Findings
12.2. Middle East & Africa Multifactor Authentication market Overview
12.3. Middle East & Africa Multifactor Authentication market Value Share Analysis, by Model type
12.4. Middle East & Africa Multifactor Authentication market Forecast, by Model type
12.4.1. Two-factor
12.4.2. Three-factor
12.4.3. Four-factor
12.4.4. Five-Factor
12.5. Middle East & Africa Multifactor Authentication market Value Share Analysis, by Application type
12.6. Middle East & Africa Multifactor Authentication market Forecast, by Application type
12.6.1. BFSI
12.6.2. Government
12.6.3. Healthcare
12.6.4. Retail
12.6.5. Telecom & IT
12.7. Middle East & Africa Multifactor Authentication market Value Share Analysis, by Country
12.8. Middle East & Africa Multifactor Authentication market Forecast, by Country
12.8.1. GCC.
12.8.2. South Africa.
12.8.3. Rest of Middle East & Africa.
12.9. Middle East & Africa Multifactor Authentication market Analysis, by Country/ Sub-region
12.10. GCC Multifactor Authentication market Forecast, by Model type
12.10.1. Two-factor
12.10.2. Three-factor
12.10.3. Four-factor
12.10.4. Five-Factor
12.11. GCC Multifactor Authentication market Forecast, by Application type
12.11.1. BFSI
12.11.2. Government
12.11.3. Healthcare
12.11.4. Retail
12.11.5. Telecom & IT
12.12. South Africa Multifactor Authentication market Forecast, by Model type
12.12.1. Two-factor
12.12.2. Three-factor
12.12.3. Four-factor
12.12.4. Five-Factor
12.13. South Africa Multifactor Authentication market Forecast, by Application type
12.13.1. BFSI
12.13.2. Government
12.13.3. Healthcare
12.13.4. Retail
12.13.5. Telecom & IT
12.14. Rest of Middle East & Africa Multifactor Authentication market Forecast, by Model type
12.14.1. Two-factor
12.14.2. Three-factor
12.14.3. Four-factor
12.14.4. Five-Factor
12.15. Rest of Middle East & Africa Multifactor Authentication market Forecast, by Application type
12.15.1. BFSI
12.15.2. Government
12.15.3. Healthcare
12.15.4. Retail
12.15.5. Telecom & IT
12.16. Middle East & Africa Multifactor Authentication market Attractiveness Analysis
12.16.1. By Model type
12.16.2. By Application type
12.17. PEST Analysis
13. Latin America Multifactor Authentication market Analysis
13.1. Key Findings
13.2. Latin America Multifactor Authentication market Overview
13.3. Latin America Multifactor Authentication market Value Share Analysis, by Model type
13.4. Latin America Multifactor Authentication market Forecast, by Model type
13.4.1. Two-factor
13.4.2. Three-factor
13.4.3. Four-factor
13.4.4. Five-Factor
13.5. Latin America Multifactor Authentication market Value Share Analysis, by Application type
13.6. Latin America Multifactor Authentication market Forecast, by Application type
13.6.1. BFSI
13.6.2. Government
13.6.3. Healthcare
13.6.4. Retail
13.6.5. Telecom & IT
13.7. Latin America Multifactor Authentication market Value Share Analysis, by Application type
13.8. Latin America Multifactor Authentication market Forecast, by Application type
13.8.1. Sidings, 2017-2026
13.8.2. Roofing , 2017-2026
13.8.3. Molding and Trim , 2017-2026
13.8.4. Others , 2017-2026
13.9. Latin America Multifactor Authentication market Value Share Analysis, by Country
13.10. Latin America Multifactor Authentication market Forecast, by Country
13.10.1.1. Brazil.
13.10.1.2. Mexico.
13.10.1.3. Rest of Latin America.
13.11. Latin America Multifactor Authentication market Analysis, by Country/ Sub-region
13.12. Brazil Multifactor Authentication market Forecast, by Model type
13.12.1. Two-factor
13.12.2. Three-factor
13.12.3. Four-factor
13.12.4. Five-Factor
13.13. Brazil Multifactor Authentication market Forecast, by Application Type
13.13.1. BFSI
13.13.2. Government
13.13.3. Healthcare
13.13.4. Retail
13.13.5. Telecom & IT
13.14. Mexico Multifactor Authentication market Forecast, by Model type
13.14.1. Two-factor
13.14.2. Three-factor
13.14.3. Four-factor
13.14.4. Five-Factor
13.15. Mexico Multifactor Authentication market Forecast, by Application Type
13.15.1. BFSI
13.15.2. Government
13.15.3. Healthcare
13.15.4. Retail
13.15.5. Telecom & IT
13.16. Rest of Latin America Multifactor Authentication market Forecast, by Model type
13.16.1. Two-factor
13.16.2. Three-factor
13.16.3. Four-factor
13.16.4. Five-Factor
13.17. Latin America Multifactor Authentication market Attractiveness Analysis
13.17.1. By Model type
13.17.2. By Application type
13.18. PEST Analysis
14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix
14.3. Company Profiles: Key Player
14.4. Company Overview
14.5. AkzoNobel
14.5.1. Financial Overview
14.5.2. Business Strategy
14.5.3. Recent Developments
14.5.4. Manufacturing Footprint
14.6. CA Technologies
14.7. RSA Security
14.8. SecureAuth Corporation
14.9. Gemalto
14.10. Microsoft Corporation
14.11. HID Global Corporation/ASSA ABLOY AB
14.12. Symantec Corporation
14.13. Vasco Data Security International Inc.
14.14. Safran
14.15. Okta Inc.
14.16. NEC Corporation
14.17. Ping Identity
14.18. Fujits
14.19. Entrust Datacard Corporation
14.20. HID Global Corporation
14.21. 3M
14.22. VASCO Data Security International Inc.
14.23. RSA Security LLC
14.24. Suprema HQ Inc.
14.25. Crossmatch
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
Best quality reports based on various authentic and accurate data findings.
Your personal and confidential information is safe and secure.
Trends Market Research © Copyright 2021. All Rights Reserved.