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Multifactor Authentication-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Multifactor Authentication market size is expected to reach US$ 19760 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Multifactor Authentication in various end use industries. The expanding demands from the Financial Services, Administrative, Media and Entertainment, are propelling Multifactor Authentication market. Two-Factor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-Factor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Multifactor Authentication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Multifactor Authentication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Multifactor Authentication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Multifactor Authentication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Multifactor Authentication covered in this report include SAFRAN, NEC, 3M, GEMALTO, RSA SECURITY, HID GLOBAL, Broadcom, FUJITSU and VASCO DATA SECURITY INTERNATIONAL, etc.
The global Multifactor Authentication market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SAFRAN
NEC
3M
GEMALTO
RSA SECURITY
HID GLOBAL
Broadcom
FUJITSU
VASCO DATA SECURITY INTERNATIONAL
SUPREMA HQ
CROSSMATCH
Global Multifactor Authentication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Multifactor Authentication market, Segment by Type:
Two-Factor
Three-Factor
Four-Factor
Five-Factor
Global Multifactor Authentication market, by Application
Financial Services
Administrative
Media
Entertainment
Telecommunications
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Multifactor Authentication companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Multifactor Authentication market size is expected to reach US$ 19760 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Multifactor Authentication in various end use industries. The expanding demands from the Financial Services, Administrative, Media and Entertainment, are propelling Multifactor Authentication market. Two-Factor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-Factor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Multifactor Authentication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Multifactor Authentication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Multifactor Authentication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Multifactor Authentication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Multifactor Authentication covered in this report include SAFRAN, NEC, 3M, GEMALTO, RSA SECURITY, HID GLOBAL, Broadcom, FUJITSU and VASCO DATA SECURITY INTERNATIONAL, etc.
The global Multifactor Authentication market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SAFRAN
NEC
3M
GEMALTO
RSA SECURITY
HID GLOBAL
Broadcom
FUJITSU
VASCO DATA SECURITY INTERNATIONAL
SUPREMA HQ
CROSSMATCH
Global Multifactor Authentication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Multifactor Authentication market, Segment by Type:
Two-Factor
Three-Factor
Four-Factor
Five-Factor
Global Multifactor Authentication market, by Application
Financial Services
Administrative
Media
Entertainment
Telecommunications
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Multifactor Authentication companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Multifactor Authentication
1.1 Multifactor Authentication Market Overview
1.1.1 Multifactor Authentication Product Scope
1.1.2 Multifactor Authentication Market Status and Outlook
1.2 Global Multifactor Authentication Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Multifactor Authentication Market Size by Region (2018-2029)
1.4 Global Multifactor Authentication Historic Market Size by Region (2018-2023)
1.5 Global Multifactor Authentication Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Multifactor Authentication Market Size (2018-2029)
1.6.1 North America Multifactor Authentication Market Size (2018-2029)
1.6.2 Europe Multifactor Authentication Market Size (2018-2029)
1.6.3 Asia-Pacific Multifactor Authentication Market Size (2018-2029)
1.6.4 Latin America Multifactor Authentication Market Size (2018-2029)
1.6.5 Middle East & Africa Multifactor Authentication Market Size (2018-2029)
2 Multifactor Authentication Market by Type
2.1 Introduction
2.1.1 Two-Factor
2.1.2 Three-Factor
2.1.3 Four-Factor
2.1.4 Five-Factor
2.2 Global Multifactor Authentication Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Multifactor Authentication Historic Market Size by Type (2018-2023)
2.2.2 Global Multifactor Authentication Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Multifactor Authentication Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Multifactor Authentication Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Multifactor Authentication Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Multifactor Authentication Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Multifactor Authentication Revenue Breakdown by Type (2018-2029)
3 Multifactor Authentication Market Overview by Application
3.1 Introduction
3.1.1 Financial Services
3.1.2 Administrative
3.1.3 Media
3.1.4 Entertainment
3.1.5 Telecommunications
3.1.6 Other
3.2 Global Multifactor Authentication Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Multifactor Authentication Historic Market Size by Application (2018-2023)
3.2.2 Global Multifactor Authentication Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Multifactor Authentication Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Multifactor Authentication Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Multifactor Authentication Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Multifactor Authentication Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Multifactor Authentication Revenue Breakdown by Application (2018-2029)
4 Multifactor Authentication Competition Analysis by Players
4.1 Global Multifactor Authentication Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Multifactor Authentication as of 2022)
4.3 Date of Key Players Enter into Multifactor Authentication Market
4.4 Global Top Players Multifactor Authentication Headquarters and Area Served
4.5 Key Players Multifactor Authentication Product Solution and Service
4.6 Competitive Status
4.6.1 Multifactor Authentication Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 SAFRAN
5.1.1 SAFRAN Profile
5.1.2 SAFRAN Main Business
5.1.3 SAFRAN Multifactor Authentication Products, Services and Solutions
5.1.4 SAFRAN Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.1.5 SAFRAN Recent Developments
5.2 NEC
5.2.1 NEC Profile
5.2.2 NEC Main Business
5.2.3 NEC Multifactor Authentication Products, Services and Solutions
5.2.4 NEC Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.2.5 NEC Recent Developments
5.3 3M
5.3.1 3M Profile
5.3.2 3M Main Business
5.3.3 3M Multifactor Authentication Products, Services and Solutions
5.3.4 3M Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.3.5 GEMALTO Recent Developments
5.4 GEMALTO
5.4.1 GEMALTO Profile
5.4.2 GEMALTO Main Business
5.4.3 GEMALTO Multifactor Authentication Products, Services and Solutions
5.4.4 GEMALTO Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.4.5 GEMALTO Recent Developments
5.5 RSA SECURITY
5.5.1 RSA SECURITY Profile
5.5.2 RSA SECURITY Main Business
5.5.3 RSA SECURITY Multifactor Authentication Products, Services and Solutions
5.5.4 RSA SECURITY Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.5.5 RSA SECURITY Recent Developments
5.6 HID GLOBAL
5.6.1 HID GLOBAL Profile
5.6.2 HID GLOBAL Main Business
5.6.3 HID GLOBAL Multifactor Authentication Products, Services and Solutions
5.6.4 HID GLOBAL Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.6.5 HID GLOBAL Recent Developments
5.7 Broadcom
5.7.1 Broadcom Profile
5.7.2 Broadcom Main Business
5.7.3 Broadcom Multifactor Authentication Products, Services and Solutions
5.7.4 Broadcom Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.7.5 Broadcom Recent Developments
5.8 FUJITSU
5.8.1 FUJITSU Profile
5.8.2 FUJITSU Main Business
5.8.3 FUJITSU Multifactor Authentication Products, Services and Solutions
5.8.4 FUJITSU Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.8.5 FUJITSU Recent Developments
5.9 VASCO DATA SECURITY INTERNATIONAL
5.9.1 VASCO DATA SECURITY INTERNATIONAL Profile
5.9.2 VASCO DATA SECURITY INTERNATIONAL Main Business
5.9.3 VASCO DATA SECURITY INTERNATIONAL Multifactor Authentication Products, Services and Solutions
5.9.4 VASCO DATA SECURITY INTERNATIONAL Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.9.5 VASCO DATA SECURITY INTERNATIONAL Recent Developments
5.10 SUPREMA HQ
5.10.1 SUPREMA HQ Profile
5.10.2 SUPREMA HQ Main Business
5.10.3 SUPREMA HQ Multifactor Authentication Products, Services and Solutions
5.10.4 SUPREMA HQ Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.10.5 SUPREMA HQ Recent Developments
5.11 CROSSMATCH
5.11.1 CROSSMATCH Profile
5.11.2 CROSSMATCH Main Business
5.11.3 CROSSMATCH Multifactor Authentication Products, Services and Solutions
5.11.4 CROSSMATCH Multifactor Authentication Revenue (US$ Million) & (2018-2023)
5.11.5 CROSSMATCH Recent Developments
6 North America
6.1 North America Multifactor Authentication Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Multifactor Authentication Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Multifactor Authentication Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Multifactor Authentication Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Multifactor Authentication Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Multifactor Authentication Market Dynamics
11.1 Multifactor Authentication Industry Trends
11.2 Multifactor Authentication Market Drivers
11.3 Multifactor Authentication Market Challenges
11.4 Multifactor Authentication Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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