Global Multi-Factor Authentication (MFA) Market Size, Status and Forecast 2020-2026

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.
Banking, financial services and insurance (BFSI) segment contributed a largest market share during the forecast period owing to growing need for secure identification and verification techniques. By geography, North America commanded the largest market share due to plenty IT infrastructures and more financial institutions & companies in this region.
Market Analysis and Insights: Global Multi-Factor Authentication (MFA) Market
In 2019, the global Multi-Factor Authentication (MFA) market size was US$ 9054.4 million and it is expected to reach US$ 32110 million by the end of 2026, with a CAGR of 19.6% during 2021-2026.
Global Multi-Factor Authentication (MFA) Scope and Market Size
Multi-Factor Authentication (MFA) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Multi-Factor Authentication (MFA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Multi-Factor Authentication (MFA) market is segmented into Two-Factor Authentication, Three-Factor Authentication, Other, etc.
Segment by Application, the Multi-Factor Authentication (MFA) market is segmented into Banking and Finance, Government, Travel and Immigration, Military and Defense, Commercial Security, Consumer Electronics, Healthcare, Other, etc.
Regional and Country-level Analysis
The Multi-Factor Authentication (MFA) market is analysed and market size information is provided by regions (countries).
The key regions covered in the Multi-Factor Authentication (MFA) market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Multi-Factor Authentication (MFA) Market Share Analysis
Multi-Factor Authentication (MFA) market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Multi-Factor Authentication (MFA) business, the date to enter into the Multi-Factor Authentication (MFA) market, Multi-Factor Authentication (MFA) product introduction, recent developments, etc.
The major vendors include 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.

This report focuses on the global Multi-Factor Authentication (MFA) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Multi-Factor Authentication (MFA) development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Morpho (France)
Gemalto (Netherlands)
NEC (Japan)
Entrust Inc. (US)
Broadcom
Fujitsu (Japan)
VASCO Data Security (US)
HID Global (US)
RSA Security (US)
Symantec Corporation (US)
SecurEnvoy ltd (England)
Crossmatch (US)
Duo Secuirty (US)
Deepnet Security (England)
CensorNet Ltd. (England)

Market segment by Type, the product can be split into

Two-Factor Authentication
Three-Factor Authentication
Other

Market segment by Application, split into

Banking and Finance
Government
Travel and Immigration
Military and Defense
Commercial Security
Consumer Electronics
Healthcare
Other

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Multi-Factor Authentication (MFA) status, future forecast, growth opportunity, key market and key players.
To present the Multi-Factor Authentication (MFA) development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Multi-Factor Authentication (MFA) are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions