Market Highlights:

Multi-factor Authentication is a technological tool which enables the organization to safeguard their confidential data against unwanted access and theft. The technique includes username, personal identification number, password, biometric, and One-time password (OTP).

Increased number of cyber theft cases and surging demand for secured online transactions of banking and other financial services are expected to foster the multi-factor authentication market over the forecast period.

According to Market Research Future Analysis, multi factor authentication market has been valued at 4 billion in 2016 and presumed to reach approx. USD 11 billion with 13% of CAGR during the forecast period, 2017-2023.

Key Players:

Market Research Future (MRFR) identifies the following companies as the key in multi factor authentication market

Safran (France),
Gemalto NV (the Netherlands),
NEC Corporation (Japan),
3M (U.S.),
CA Technologies (U.S.),
Fujitsu (Japan),
VASCO Data Security International Inc. (U.S),
HID Global Corporation/ASSA ABLOY AB (Sweden),
RSA Security LLC (U.S.),
Suprema HQ Inc. (South Korea),
Crossmatch (U.S.),
IBM Corporation (U.S.),
Microsoft Corporation (U.S.),
Securenvoy Ltd (U.K)
Watchdata Technologies (China).
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Regional analysis:

Geographically, multi factor authentication market has been bifurcated into North America, Europe, Asia Pacific, and Rest of the World.

North America is expected to be the prominent region in multi factor authentication market over the forecast period. This is attributed to the advancement of technology associated with large number of technical expertise and growing requirement of security and surveillance. In North American region, the U.S. and Canada are the prominent countries. Large number of market players in this region are presumed to drive the growth of the multi-factor authentication market.

However, Asia Pacific is expected to foresee a promising growth over the forecast period owing to rising demand from IT & business infrastructure and growing number of solution providers. China, India, and Japan are the leading countries of the Asia-Pacific region. Europe region is expected to have a substantial growth over the forecast period due increasing number of data breaches.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 

TABLE OF CONTENTS

1    Executive Summary

2    Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3   Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

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LIST OF TABLES:

Table1    World Population By Major Regions (2017 To 2023) 

Table2  Global Multi-Factor Authentication Market: By Region, 2017-2023 

Table3  North America Multi-Factor Authentication Market: By Country, 2017-2023 

Table4   Europe Multi-Factor Authentication Market: By Country, 2017-2023 

Table5  Asia-Pacific Multi-Factor Authentication Market: By Country, 2017-2023

Table6    Middle East & Africa Multi-Factor Authentication Market: By Country, 2017-2023 

Table7   Latin America Multi-Factor Authentication Market: By Country, 2017-2023 

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LIST OF FIGURES:

FIGURE 1 Global Multi-Factor Authentication Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Multi-Factor Authentication Market

FIGURE 4 Value Chain Of Global Multi-Factor Authentication Market

FIGURE 5 Share Of Global Multi-Factor Authentication Market In 2017, By Country (In %)

FIGURE 6 Global Multi-Factor Authentication Market, 2017-2023,

FIGURE 7 Sub Segments Of Technology

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Intended Audience

Technology Investors
Research/Consultancy Firms
Multi-factor providers and distributors
Original equipment manufacturers (OEMs)
Product manufacturers and suppliers
Research organizations and consulting companies
Government agencies
Software solution provider
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