Global Multi-Factor Authentication (MFA) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

According to our (Global Info Research) latest study, the global Multi-Factor Authentication (MFA) market size was valued at USD 13210 million in 2023 and is forecast to a readjusted size of USD 44010 million by 2030 with a CAGR of 18.8% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Multi-Factor Authentication (MFA) industry chain, the market status of Banking and Finance (Two-Factor Authentication, Three-Factor Authentication), Government (Two-Factor Authentication, Three-Factor Authentication), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Multi-Factor Authentication (MFA).

Regionally, the report analyzes the Multi-Factor Authentication (MFA) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Multi-Factor Authentication (MFA) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Multi-Factor Authentication (MFA) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Multi-Factor Authentication (MFA) industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Two-Factor Authentication, Three-Factor Authentication).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Multi-Factor Authentication (MFA) market.

Regional Analysis: The report involves examining the Multi-Factor Authentication (MFA) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Multi-Factor Authentication (MFA) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Multi-Factor Authentication (MFA):
Company Analysis: Report covers individual Multi-Factor Authentication (MFA) players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Multi-Factor Authentication (MFA) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Banking and Finance, Government).

Technology Analysis: Report covers specific technologies relevant to Multi-Factor Authentication (MFA). It assesses the current state, advancements, and potential future developments in Multi-Factor Authentication (MFA) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Multi-Factor Authentication (MFA) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Multi-Factor Authentication (MFA) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
    Two-Factor Authentication
    Three-Factor Authentication
    Others

Market segment by Application
    Banking and Finance
    Government
    Travel and Immigration
    Military and Defense
    Commercial Security
    Consumer Electronics
    Healthcare
    Others

Market segment by players, this report covers
    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 regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Multi-Factor Authentication (MFA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Multi-Factor Authentication (MFA), with revenue, gross margin and global market share of Multi-Factor Authentication (MFA) from 2019 to 2024.
Chapter 3, the Multi-Factor Authentication (MFA) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Multi-Factor Authentication (MFA) market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Multi-Factor Authentication (MFA).
Chapter 13, to describe Multi-Factor Authentication (MFA) research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Multi-Factor Authentication (MFA)
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of Multi-Factor Authentication (MFA) by Type
        1.3.1 Overview: Global Multi-Factor Authentication (MFA) Market Size by Type: 2019 Versus 2023 Versus 2030
        1.3.2 Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Type in 2023
        1.3.3 Two-Factor Authentication
        1.3.4 Three-Factor Authentication
        1.3.5 Others
    1.4 Global Multi-Factor Authentication (MFA) Market by Application
        1.4.1 Overview: Global Multi-Factor Authentication (MFA) Market Size by Application: 2019 Versus 2023 Versus 2030
        1.4.2 Banking and Finance
        1.4.3 Government
        1.4.4 Travel and Immigration
        1.4.5 Military and Defense
        1.4.6 Commercial Security
        1.4.7 Consumer Electronics
        1.4.8 Healthcare
        1.4.9 Others
    1.5 Global Multi-Factor Authentication (MFA) Market Size & Forecast
    1.6 Global Multi-Factor Authentication (MFA) Market Size and Forecast by Region
        1.6.1 Global Multi-Factor Authentication (MFA) Market Size by Region: 2019 VS 2023 VS 2030
        1.6.2 Global Multi-Factor Authentication (MFA) Market Size by Region, (2019-2030)
        1.6.3 North America Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
        1.6.4 Europe Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
        1.6.5 Asia-Pacific Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
        1.6.6 South America Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)
        1.6.7 Middle East and Africa Multi-Factor Authentication (MFA) Market Size and Prospect (2019-2030)

2 Company Profiles
    2.1 Morpho (France)
        2.1.1 Morpho (France) Details
        2.1.2 Morpho (France) Major Business
        2.1.3 Morpho (France) Multi-Factor Authentication (MFA) Product and Solutions
        2.1.4 Morpho (France) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.1.5 Morpho (France) Recent Developments and Future Plans
    2.2 Gemalto (Netherlands)
        2.2.1 Gemalto (Netherlands) Details
        2.2.2 Gemalto (Netherlands) Major Business
        2.2.3 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Product and Solutions
        2.2.4 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.2.5 Gemalto (Netherlands) Recent Developments and Future Plans
    2.3 NEC (Japan)
        2.3.1 NEC (Japan) Details
        2.3.2 NEC (Japan) Major Business
        2.3.3 NEC (Japan) Multi-Factor Authentication (MFA) Product and Solutions
        2.3.4 NEC (Japan) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.3.5 NEC (Japan) Recent Developments and Future Plans
    2.4 Entrust Inc. (US)
        2.4.1 Entrust Inc. (US) Details
        2.4.2 Entrust Inc. (US) Major Business
        2.4.3 Entrust Inc. (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.4.4 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.4.5 Entrust Inc. (US) Recent Developments and Future Plans
    2.5 Broadcom
        2.5.1 Broadcom Details
        2.5.2 Broadcom Major Business
        2.5.3 Broadcom Multi-Factor Authentication (MFA) Product and Solutions
        2.5.4 Broadcom Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.5.5 Broadcom Recent Developments and Future Plans
    2.6 Fujitsu (Japan)
        2.6.1 Fujitsu (Japan) Details
        2.6.2 Fujitsu (Japan) Major Business
        2.6.3 Fujitsu (Japan) Multi-Factor Authentication (MFA) Product and Solutions
        2.6.4 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.6.5 Fujitsu (Japan) Recent Developments and Future Plans
    2.7 VASCO Data Security (US)
        2.7.1 VASCO Data Security (US) Details
        2.7.2 VASCO Data Security (US) Major Business
        2.7.3 VASCO Data Security (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.7.4 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.7.5 VASCO Data Security (US) Recent Developments and Future Plans
    2.8 HID Global (US)
        2.8.1 HID Global (US) Details
        2.8.2 HID Global (US) Major Business
        2.8.3 HID Global (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.8.4 HID Global (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.8.5 HID Global (US) Recent Developments and Future Plans
    2.9 RSA Security (US)
        2.9.1 RSA Security (US) Details
        2.9.2 RSA Security (US) Major Business
        2.9.3 RSA Security (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.9.4 RSA Security (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.9.5 RSA Security (US) Recent Developments and Future Plans
    2.10 Symantec Corporation (US)
        2.10.1 Symantec Corporation (US) Details
        2.10.2 Symantec Corporation (US) Major Business
        2.10.3 Symantec Corporation (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.10.4 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.10.5 Symantec Corporation (US) Recent Developments and Future Plans
    2.11 SecurEnvoy ltd (England)
        2.11.1 SecurEnvoy ltd (England) Details
        2.11.2 SecurEnvoy ltd (England) Major Business
        2.11.3 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Product and Solutions
        2.11.4 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.11.5 SecurEnvoy ltd (England) Recent Developments and Future Plans
    2.12 Crossmatch (US)
        2.12.1 Crossmatch (US) Details
        2.12.2 Crossmatch (US) Major Business
        2.12.3 Crossmatch (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.12.4 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.12.5 Crossmatch (US) Recent Developments and Future Plans
    2.13 Duo Secuirty (US)
        2.13.1 Duo Secuirty (US) Details
        2.13.2 Duo Secuirty (US) Major Business
        2.13.3 Duo Secuirty (US) Multi-Factor Authentication (MFA) Product and Solutions
        2.13.4 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.13.5 Duo Secuirty (US) Recent Developments and Future Plans
    2.14 Deepnet Security (England)
        2.14.1 Deepnet Security (England) Details
        2.14.2 Deepnet Security (England) Major Business
        2.14.3 Deepnet Security (England) Multi-Factor Authentication (MFA) Product and Solutions
        2.14.4 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.14.5 Deepnet Security (England) Recent Developments and Future Plans
    2.15 CensorNet Ltd. (England)
        2.15.1 CensorNet Ltd. (England) Details
        2.15.2 CensorNet Ltd. (England) Major Business
        2.15.3 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Product and Solutions
        2.15.4 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2019-2024)
        2.15.5 CensorNet Ltd. (England) Recent Developments and Future Plans

3 Market Competition, by Players
    3.1 Global Multi-Factor Authentication (MFA) Revenue and Share by Players (2019-2024)
    3.2 Market Share Analysis (2023)
        3.2.1 Market Share of Multi-Factor Authentication (MFA) by Company Revenue
        3.2.2 Top 3 Multi-Factor Authentication (MFA) Players Market Share in 2023
        3.2.3 Top 6 Multi-Factor Authentication (MFA) Players Market Share in 2023
    3.3 Multi-Factor Authentication (MFA) Market: Overall Company Footprint Analysis
        3.3.1 Multi-Factor Authentication (MFA) Market: Region Footprint
        3.3.2 Multi-Factor Authentication (MFA) Market: Company Product Type Footprint
        3.3.3 Multi-Factor Authentication (MFA) Market: Company Product Application Footprint
    3.4 New Market Entrants and Barriers to Market Entry
    3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
    4.1 Global Multi-Factor Authentication (MFA) Consumption Value and Market Share by Type (2019-2024)
    4.2 Global Multi-Factor Authentication (MFA) Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
    5.1 Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2024)
    5.2 Global Multi-Factor Authentication (MFA) Market Forecast by Application (2025-2030)

6 North America
    6.1 North America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
    6.2 North America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
    6.3 North America Multi-Factor Authentication (MFA) Market Size by Country
        6.3.1 North America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
        6.3.2 United States Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        6.3.3 Canada Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        6.3.4 Mexico Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

7 Europe
    7.1 Europe Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
    7.2 Europe Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
    7.3 Europe Multi-Factor Authentication (MFA) Market Size by Country
        7.3.1 Europe Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
        7.3.2 Germany Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        7.3.3 France Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        7.3.4 United Kingdom Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        7.3.5 Russia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        7.3.6 Italy Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

8 Asia-Pacific
    8.1 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
    8.2 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
    8.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size by Region
        8.3.1 Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Region (2019-2030)
        8.3.2 China Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        8.3.3 Japan Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        8.3.4 South Korea Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        8.3.5 India Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        8.3.6 Southeast Asia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        8.3.7 Australia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

9 South America
    9.1 South America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
    9.2 South America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
    9.3 South America Multi-Factor Authentication (MFA) Market Size by Country
        9.3.1 South America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
        9.3.2 Brazil Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        9.3.3 Argentina Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

10 Middle East & Africa
    10.1 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2030)
    10.2 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2030)
    10.3 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Country
        10.3.1 Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2030)
        10.3.2 Turkey Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        10.3.3 Saudi Arabia Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)
        10.3.4 UAE Multi-Factor Authentication (MFA) Market Size and Forecast (2019-2030)

11 Market Dynamics
    11.1 Multi-Factor Authentication (MFA) Market Drivers
    11.2 Multi-Factor Authentication (MFA) Market Restraints
    11.3 Multi-Factor Authentication (MFA) Trends Analysis
    11.4 Porters Five Forces Analysis
        11.4.1 Threat of New Entrants
        11.4.2 Bargaining Power of Suppliers
        11.4.3 Bargaining Power of Buyers
        11.4.4 Threat of Substitutes
        11.4.5 Competitive Rivalry

12 Industry Chain Analysis
    12.1 Multi-Factor Authentication (MFA) Industry Chain
    12.2 Multi-Factor Authentication (MFA) Upstream Analysis
    12.3 Multi-Factor Authentication (MFA) Midstream Analysis
    12.4 Multi-Factor Authentication (MFA) Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
    14.1 Methodology
    14.2 Research Process and Data Source
    14.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Multi-Factor Authentication (MFA) Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 2. Global Multi-Factor Authentication (MFA) Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 3. Global Multi-Factor Authentication (MFA) Consumption Value by Region (2019-2024) & (USD Million)
    Table 4. Global Multi-Factor Authentication (MFA) Consumption Value by Region (2025-2030) & (USD Million)
    Table 5. Morpho (France) Company Information, Head Office, and Major Competitors
    Table 6. Morpho (France) Major Business
    Table 7. Morpho (France) Multi-Factor Authentication (MFA) Product and Solutions
    Table 8. Morpho (France) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 9. Morpho (France) Recent Developments and Future Plans
    Table 10. Gemalto (Netherlands) Company Information, Head Office, and Major Competitors
    Table 11. Gemalto (Netherlands) Major Business
    Table 12. Gemalto (Netherlands) Multi-Factor Authentication (MFA) Product and Solutions
    Table 13. Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 14. Gemalto (Netherlands) Recent Developments and Future Plans
    Table 15. NEC (Japan) Company Information, Head Office, and Major Competitors
    Table 16. NEC (Japan) Major Business
    Table 17. NEC (Japan) Multi-Factor Authentication (MFA) Product and Solutions
    Table 18. NEC (Japan) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 19. NEC (Japan) Recent Developments and Future Plans
    Table 20. Entrust Inc. (US) Company Information, Head Office, and Major Competitors
    Table 21. Entrust Inc. (US) Major Business
    Table 22. Entrust Inc. (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 23. Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 24. Entrust Inc. (US) Recent Developments and Future Plans
    Table 25. Broadcom Company Information, Head Office, and Major Competitors
    Table 26. Broadcom Major Business
    Table 27. Broadcom Multi-Factor Authentication (MFA) Product and Solutions
    Table 28. Broadcom Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 29. Broadcom Recent Developments and Future Plans
    Table 30. Fujitsu (Japan) Company Information, Head Office, and Major Competitors
    Table 31. Fujitsu (Japan) Major Business
    Table 32. Fujitsu (Japan) Multi-Factor Authentication (MFA) Product and Solutions
    Table 33. Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 34. Fujitsu (Japan) Recent Developments and Future Plans
    Table 35. VASCO Data Security (US) Company Information, Head Office, and Major Competitors
    Table 36. VASCO Data Security (US) Major Business
    Table 37. VASCO Data Security (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 38. VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 39. VASCO Data Security (US) Recent Developments and Future Plans
    Table 40. HID Global (US) Company Information, Head Office, and Major Competitors
    Table 41. HID Global (US) Major Business
    Table 42. HID Global (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 43. HID Global (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 44. HID Global (US) Recent Developments and Future Plans
    Table 45. RSA Security (US) Company Information, Head Office, and Major Competitors
    Table 46. RSA Security (US) Major Business
    Table 47. RSA Security (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 48. RSA Security (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 49. RSA Security (US) Recent Developments and Future Plans
    Table 50. Symantec Corporation (US) Company Information, Head Office, and Major Competitors
    Table 51. Symantec Corporation (US) Major Business
    Table 52. Symantec Corporation (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 53. Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 54. Symantec Corporation (US) Recent Developments and Future Plans
    Table 55. SecurEnvoy ltd (England) Company Information, Head Office, and Major Competitors
    Table 56. SecurEnvoy ltd (England) Major Business
    Table 57. SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Product and Solutions
    Table 58. SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 59. SecurEnvoy ltd (England) Recent Developments and Future Plans
    Table 60. Crossmatch (US) Company Information, Head Office, and Major Competitors
    Table 61. Crossmatch (US) Major Business
    Table 62. Crossmatch (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 63. Crossmatch (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 64. Crossmatch (US) Recent Developments and Future Plans
    Table 65. Duo Secuirty (US) Company Information, Head Office, and Major Competitors
    Table 66. Duo Secuirty (US) Major Business
    Table 67. Duo Secuirty (US) Multi-Factor Authentication (MFA) Product and Solutions
    Table 68. Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 69. Duo Secuirty (US) Recent Developments and Future Plans
    Table 70. Deepnet Security (England) Company Information, Head Office, and Major Competitors
    Table 71. Deepnet Security (England) Major Business
    Table 72. Deepnet Security (England) Multi-Factor Authentication (MFA) Product and Solutions
    Table 73. Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 74. Deepnet Security (England) Recent Developments and Future Plans
    Table 75. CensorNet Ltd. (England) Company Information, Head Office, and Major Competitors
    Table 76. CensorNet Ltd. (England) Major Business
    Table 77. CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Product and Solutions
    Table 78. CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 79. CensorNet Ltd. (England) Recent Developments and Future Plans
    Table 80. Global Multi-Factor Authentication (MFA) Revenue (USD Million) by Players (2019-2024)
    Table 81. Global Multi-Factor Authentication (MFA) Revenue Share by Players (2019-2024)
    Table 82. Breakdown of Multi-Factor Authentication (MFA) by Company Type (Tier 1, Tier 2, and Tier 3)
    Table 83. Market Position of Players in Multi-Factor Authentication (MFA), (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
    Table 84. Head Office of Key Multi-Factor Authentication (MFA) Players
    Table 85. Multi-Factor Authentication (MFA) Market: Company Product Type Footprint
    Table 86. Multi-Factor Authentication (MFA) Market: Company Product Application Footprint
    Table 87. Multi-Factor Authentication (MFA) New Market Entrants and Barriers to Market Entry
    Table 88. Multi-Factor Authentication (MFA) Mergers, Acquisition, Agreements, and Collaborations
    Table 89. Global Multi-Factor Authentication (MFA) Consumption Value (USD Million) by Type (2019-2024)
    Table 90. Global Multi-Factor Authentication (MFA) Consumption Value Share by Type (2019-2024)
    Table 91. Global Multi-Factor Authentication (MFA) Consumption Value Forecast by Type (2025-2030)
    Table 92. Global Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024)
    Table 93. Global Multi-Factor Authentication (MFA) Consumption Value Forecast by Application (2025-2030)
    Table 94. North America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2024) & (USD Million)
    Table 95. North America Multi-Factor Authentication (MFA) Consumption Value by Type (2025-2030) & (USD Million)
    Table 96. North America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024) & (USD Million)
    Table 97. North America Multi-Factor Authentication (MFA) Consumption Value by Application (2025-2030) & (USD Million)
    Table 98. North America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2024) & (USD Million)
    Table 99. North America Multi-Factor Authentication (MFA) Consumption Value by Country (2025-2030) & (USD Million)
    Table 100. Europe Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2024) & (USD Million)
    Table 101. Europe Multi-Factor Authentication (MFA) Consumption Value by Type (2025-2030) & (USD Million)
    Table 102. Europe Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024) & (USD Million)
    Table 103. Europe Multi-Factor Authentication (MFA) Consumption Value by Application (2025-2030) & (USD Million)
    Table 104. Europe Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2024) & (USD Million)
    Table 105. Europe Multi-Factor Authentication (MFA) Consumption Value by Country (2025-2030) & (USD Million)
    Table 106. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2024) & (USD Million)
    Table 107. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Type (2025-2030) & (USD Million)
    Table 108. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024) & (USD Million)
    Table 109. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Application (2025-2030) & (USD Million)
    Table 110. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Region (2019-2024) & (USD Million)
    Table 111. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value by Region (2025-2030) & (USD Million)
    Table 112. South America Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2024) & (USD Million)
    Table 113. South America Multi-Factor Authentication (MFA) Consumption Value by Type (2025-2030) & (USD Million)
    Table 114. South America Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024) & (USD Million)
    Table 115. South America Multi-Factor Authentication (MFA) Consumption Value by Application (2025-2030) & (USD Million)
    Table 116. South America Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2024) & (USD Million)
    Table 117. South America Multi-Factor Authentication (MFA) Consumption Value by Country (2025-2030) & (USD Million)
    Table 118. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Type (2019-2024) & (USD Million)
    Table 119. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Type (2025-2030) & (USD Million)
    Table 120. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Application (2019-2024) & (USD Million)
    Table 121. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Application (2025-2030) & (USD Million)
    Table 122. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Country (2019-2024) & (USD Million)
    Table 123. Middle East & Africa Multi-Factor Authentication (MFA) Consumption Value by Country (2025-2030) & (USD Million)
    Table 124. Multi-Factor Authentication (MFA) Raw Material
    Table 125. Key Suppliers of Multi-Factor Authentication (MFA) Raw Materials
List of Figures
    Figure 1. Multi-Factor Authentication (MFA) Picture
    Figure 2. Global Multi-Factor Authentication (MFA) Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 3. Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Type in 2023
    Figure 4. Two-Factor Authentication
    Figure 5. Three-Factor Authentication
    Figure 6. Others
    Figure 7. Global Multi-Factor Authentication (MFA) Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 8. Multi-Factor Authentication (MFA) Consumption Value Market Share by Application in 2023
    Figure 9. Banking and Finance Picture
    Figure 10. Government Picture
    Figure 11. Travel and Immigration Picture
    Figure 12. Military and Defense Picture
    Figure 13. Commercial Security Picture
    Figure 14. Consumer Electronics Picture
    Figure 15. Healthcare Picture
    Figure 16. Others Picture
    Figure 17. Global Multi-Factor Authentication (MFA) Consumption Value, (USD Million): 2019 & 2023 & 2030
    Figure 18. Global Multi-Factor Authentication (MFA) Consumption Value and Forecast (2019-2030) & (USD Million)
    Figure 19. Global Market Multi-Factor Authentication (MFA) Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
    Figure 20. Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Region (2019-2030)
    Figure 21. Global Multi-Factor Authentication (MFA) Consumption Value Market Share by Region in 2023
    Figure 22. North America Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 23. Europe Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 24. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 25. South America Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 26. Middle East and Africa Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 27. Global Multi-Factor Authentication (MFA) Revenue Share by Players in 2023
    Figure 28. Multi-Factor Authentication (MFA) Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
    Figure 29. Global Top 3 Players Multi-Factor Authentication (MFA) Market Share in 2023
    Figure 30. Global Top 6 Players Multi-Factor Authentication (MFA) Market Share in 2023
    Figure 31. Global Multi-Factor Authentication (MFA) Consumption Value Share by Type (2019-2024)
    Figure 32. Global Multi-Factor Authentication (MFA) Market Share Forecast by Type (2025-2030)
    Figure 33. Global Multi-Factor Authentication (MFA) Consumption Value Share by Application (2019-2024)
    Figure 34. Global Multi-Factor Authentication (MFA) Market Share Forecast by Application (2025-2030)
    Figure 35. North America Multi-Factor Authentication (MFA) Consumption Value Market Share by Type (2019-2030)
    Figure 36. North America Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2030)
    Figure 37. North America Multi-Factor Authentication (MFA) Consumption Value Market Share by Country (2019-2030)
    Figure 38. United States Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 39. Canada Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 40. Mexico Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 41. Europe Multi-Factor Authentication (MFA) Consumption Value Market Share by Type (2019-2030)
    Figure 42. Europe Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2030)
    Figure 43. Europe Multi-Factor Authentication (MFA) Consumption Value Market Share by Country (2019-2030)
    Figure 44. Germany Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 45. France Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 46. United Kingdom Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 47. Russia Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 48. Italy Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 49. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value Market Share by Type (2019-2030)
    Figure 50. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2030)
    Figure 51. Asia-Pacific Multi-Factor Authentication (MFA) Consumption Value Market Share by Region (2019-2030)
    Figure 52. China Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 53. Japan Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 54. South Korea Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 55. India Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 56. Southeast Asia Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 57. Australia Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 58. South America Multi-Factor Authentication (MFA) Consumption Value Market Share by Type (2019-2030)
    Figure 59. South America Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2030)
    Figure 60. South America Multi-Factor Authentication (MFA) Consumption Value Market Share by Country (2019-2030)
    Figure 61. Brazil Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 62. Argentina Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 63. Middle East and Africa Multi-Factor Authentication (MFA) Consumption Value Market Share by Type (2019-2030)
    Figure 64. Middle East and Africa Multi-Factor Authentication (MFA) Consumption Value Market Share by Application (2019-2030)
    Figure 65. Middle East and Africa Multi-Factor Authentication (MFA) Consumption Value Market Share by Country (2019-2030)
    Figure 66. Turkey Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 67. Saudi Arabia Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 68. UAE Multi-Factor Authentication (MFA) Consumption Value (2019-2030) & (USD Million)
    Figure 69. Multi-Factor Authentication (MFA) Market Drivers
    Figure 70. Multi-Factor Authentication (MFA) Market Restraints
    Figure 71. Multi-Factor Authentication (MFA) Market Trends
    Figure 72. Porters Five Forces Analysis
    Figure 73. Manufacturing Cost Structure Analysis of Multi-Factor Authentication (MFA) in 2023
    Figure 74. Manufacturing Process Analysis of Multi-Factor Authentication (MFA)
    Figure 75. Multi-Factor Authentication (MFA) Industrial Chain
    Figure 76. Methodology
    Figure 77. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

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)

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The global Multi-Factor Authentication (MFA) market size is expected to reach $ 44010 million by 2030, rising at a market growth of 18.8% CAGR during the forecast period (2024-2030).

Product Tags

Multi-Factor Authentication (MFA)

Passwordless Multi-Factor Authentication (MFA)

Multi-Factor Authentication (MFA) Smart Cards

Multi-Factor Authentication (MFA) Solutions

Multi-Factor Authentication (MFA) Software

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USD6960.00

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