MarketResearchNest.com adds “Global Multi-Factor Authentication (MFA) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023”new report to its research database. The report spread across in a 152 pages with table and figures in it.
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.
Scope of the Report:
This report studies the Multi-Factor Authentication (MFA) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Multi-Factor Authentication (MFA) market by product type and applications/end industries.
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 and companies in this region.
Multi-factor authentication (MFA) comes with different models such as two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. The two-factor authentication includes smart card with pin, smart card with biometric technology, biometric technology with pin, two biometric authentications, and one time password with pin. The three authentications include smart card with pin and biometric technology, smart card with two biometric technologies, pin with two biometric technologies, and three biometric authentications. On the other hand, four- and five-factor authentication includes the use of smart card and pin with more than one biometric technology such as face recognition, fingerprint recognition, voice recognition, and so on. MFA model using two factors is gaining popularityin the market; occupying almost 90.88% of its share as of 2017, followed by three-, four-, and five-factor authentication respectively.
MFA is popular due to the high degree of security and is much better than a single username and password combination. Different models of MFA have found various applications in verticals: BFSI, government, immigration and travel, commercial security, electronics and healthcare.
The global Multi-Factor Authentication (MFA) market is valued at 6230 million USD in 2017 and is expected to reach 16800 million USD by the end of 2023, growing at a CAGR of 18.0% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Multi-Factor Authentication (MFA).
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Request a sample copy at
Market Segment by Manufacturers, this report covers
- Morpho (France)
- Gemalto (Netherlands)
- NEC (Japan)
- Entrust Inc. (US)
- CA Technologies (US)
- 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 and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Two-Factor Authentication
- Three-Factor Authentication
- Other (Four-Factor Authentication and Five-Factor Authentication)
Market Segment by Applications, can be divided into
- Banking and Finance
- Travel and Immigration
- Military and Defense
- Commercial Security
- Consumer Electronics
Browse full table of contents and data tables at
There are 15 Chapters to deeply display the global Multi-Factor Authentication (MFA) market.
Chapter 1, to describe Multi-Factor Authentication (MFA) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Multi-Factor Authentication (MFA), with sales, revenue, and price of Multi-Factor Authentication (MFA), in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Multi-Factor Authentication (MFA), for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Multi-Factor Authentication (MFA) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Multi-Factor Authentication (MFA) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Order a Purchase Report Copy at
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on Global industries, organizations, products, and trends.
Mr. Jeet Jain