Multi factor Authentication Sales

Multi-factor Authentication Sales Market Outlook

The global multi-factor authentication (MFA) market is anticipated to reach approximately $20 billion by 2035, growing at a compound annual growth rate (CAGR) of around 15% from 2025 to 2035. The increasing prevalence of cyber threats, combined with strict regulatory compliance requirements across various sectors, is significantly driving the growth of this market. Furthermore, the surge in remote working arrangements has amplified the need for robust security measures to protect sensitive data from unauthorized access. As organizations look to safeguard their digital assets, the demand for MFA solutions is expected to witness exponential growth, reflecting a heightened awareness of security vulnerabilities in an increasingly digital world. Additionally, technological advancements in authentication methods, such as biometric recognition and smart card systems, are contributing to the market's expansion by providing enhanced security features.

Growth Factor of the Market

Several factors are contributing to the robust growth of the multi-factor authentication market. First and foremost, the rise in cyber attacks and data breaches across multiple industries has prompted organizations to adopt stronger security measures, including MFA solutions. The increasing regulatory pressures from governmental bodies, particularly in sectors like finance, healthcare, and government, create a necessity for enhanced authentication methods. The growing trend of remote work, accelerated by the COVID-19 pandemic, has further underscored the need for comprehensive security solutions to protect sensitive information accessed over the internet. Additionally, advancements in technology, including biometrics and machine learning, have made MFA solutions more accessible and effective, thereby encouraging their adoption. Lastly, the increasing awareness of identity theft and the potential consequences of data breaches are pushing businesses to prioritize security investments, leading to sustained growth in the MFA market.

Key Highlights of the Market

• The global multi-factor authentication market is projected to reach $20 billion by 2035.
• Projected CAGR of around 15% from 2025 to 2035.
• Rising cyber threats and data breaches are key drivers of market growth.
• Increased regulatory compliance requirements in various industries.
• Technological advancements are making MFA solutions more effective and accessible.

By Component

Solutions:

The solutions segment of the multi-factor authentication market comprises various software and hardware offerings designed to enhance security. These solutions include authentication software that integrates seamlessly with existing systems to provide additional layers of security. The rise in the adoption of biometric technologies, such as fingerprint recognition and facial recognition, falls under this segment, as these solutions offer a robust method for verifying user identities. Organizations are increasingly deploying cloud-based authentication solutions that provide scalability and flexibility, allowing for easy integration with multiple platforms. Moreover, as cyber threats evolve, organizations are looking for advanced solutions that ensure real-time identity verification, which is becoming a critical aspect of securing data. This segment's growth is further supported by innovations in technology that improve user experience while maintaining high security standards.

Services:

The services segment encompasses the professional services associated with the implementation of multi-factor authentication solutions. This includes consulting, integration, and managed services, which are essential for organizations seeking to enhance their security posture. As companies increasingly recognize the importance of MFA, they often seek expert assistance to adopt and integrate these solutions effectively within their operational frameworks. Furthermore, ongoing support and maintenance services are crucial for ensuring the continuous effectiveness of authentication systems, particularly in the face of evolving cyber threats. Companies are investing in training services to educate their employees on the importance of multi-factor authentication, ensuring secure access to sensitive information. The demand for these services is likely to rise as more organizations implement comprehensive security strategies and seek to mitigate risks associated with cyber vulnerabilities.

By Authentication Type

Two-Factor Authentication:

Two-factor authentication (2FA) is one of the most widely adopted authentication methods within the multi-factor authentication market. It usually combines two different verification methods, such as something the user knows (password) and something the user has (a mobile device or token). This additional layer of security significantly reduces the risk of unauthorized access, making it a preferred choice for many organizations. The increasing adoption of 2FA in various applications, including online banking, email services, and social media platforms, is indicative of its effectiveness in combating identity theft and account breaches. Additionally, as cyber threats become more sophisticated, organizations are recognizing the critical need to implement 2FA as part of their overall security strategy, which further drives the growth of this authentication type within the market.

Three-Factor Authentication:

Three-factor authentication (3FA) extends the security capabilities of 2FA by incorporating an additional layer of verification, thus enhancing overall security. This method often combines something the user knows, something the user has, and something the user is, such as biometric data. The demand for 3FA is increasingly evident in sectors that require a higher level of security, such as banking and healthcare, where sensitive information must be protected rigorously. Organizations are adopting 3FA solutions to comply with stringent regulatory requirements and to safeguard against advanced cyber threats. As technology continues to evolve, the implementation of 3FA is becoming more feasible and cost-effective, leading to its growing popularity among businesses looking to bolster their security frameworks. The increasing awareness of the importance of layered security approaches is likely to contribute significantly to the growth of the three-factor authentication segment.

Multi-Factor Biometrics Authentication:

Multi-factor biometrics authentication leverages unique biological characteristics such as fingerprints, facial recognition, and iris scans to verify user identities. This method is increasingly favored for its accuracy and security, as biometric traits are nearly impossible to replicate or steal. The growing adoption of biometric systems across various sectors, particularly in governmental and financial institutions, reflects the increasing recognition of their potential to enhance security. Organizations are investing heavily in biometric technologies to streamline the authentication process while ensuring robust security measures are in place. Additionally, the rise of mobile devices equipped with biometric capabilities has made it easier for businesses to implement multi-factor biometrics authentication without substantial infrastructure changes. As users become more accustomed to biometric technologies, the demand for such systems is expected to rise, further driving the growth of this segment in the MFA market.

Multi-Factor Smart Cards Authentication:

Multi-factor smart card authentication utilizes physical smart cards containing embedded integrated circuits to securely authenticate users. This method is particularly popular in organizations requiring high levels of security, such as government agencies and large corporations. Smart cards facilitate secure access to sensitive data by combining something the user has (the card) with something the user knows (a PIN or password). The growing demand for secure access control solutions in various industries is propelling the adoption of smart card technology. Furthermore, the advancements in smart card features, including enhanced encryption capabilities and compatibility with mobile devices, are making them increasingly attractive for organizations looking to boost their security infrastructure. As organizations prioritize secure identity verification methods, the utilization of multi-factor smart cards is expected to see substantial growth in the coming years.

Others:

This category encompasses various other authentication methods that do not fit into the aforementioned classifications but still provide effective security measures. These methods may include token-based authentication, knowledge-based authentication, and other innovative solutions that enhance security. The diversity of options available within this segment allows organizations to tailor their multi-factor authentication approaches to meet specific needs and compliance requirements. As cyber threats evolve, the demand for alternative authentication methods that offer flexibility and scalability is likely to grow. Organizations are increasingly recognizing the importance of adopting a multi-faceted approach to security, which includes exploring diverse authentication methods to ensure comprehensive protection against unauthorized access. Thus, the "Others" category is expected to see significant developments and innovations in the MFA market.

By Deployment Mode

Cloud-Based:

The cloud-based deployment mode for multi-factor authentication solutions has gained significant traction in recent years, primarily due to its flexibility and scalability. Organizations are increasingly adopting cloud-based MFA solutions to benefit from reduced infrastructure costs and the ability to rapidly deploy authentication mechanisms across various platforms and locations. This deployment mode allows businesses to leverage cloud technology to manage authentication processes without the need for extensive on-premises infrastructure. Additionally, cloud-based solutions offer automatic updates and maintenance, ensuring that organizations can stay compliant with the latest security protocols and technologies. The convenience and cost-effectiveness associated with cloud-based MFA have made it a preferred choice among small and medium-sized enterprises (SMEs) looking to enhance their security posture without significant capital investment.

On-Premises:

The on-premises deployment mode for multi-factor authentication remains a relevant option, particularly for large enterprises and organizations within regulated industries. This approach involves maintaining and controlling authentication systems within the organization's infrastructure, allowing for greater control over security measures and compliance with industry standards. Many organizations that deal with sensitive information prefer on-premises solutions to mitigate risks associated with cloud storage and to ensure data privacy. On-premises deployment often entails higher upfront costs but allows organizations to customize their MFA implementations according to specific security needs. As industries continue to evolve, the demand for on-premises MFA solutions is expected to persist, particularly for organizations that prioritize data security and have the resources to manage in-house systems effectively.

By Organization Size

Small and Medium-Sized Enterprises:

Small and medium-sized enterprises (SMEs) are increasingly recognizing the importance of multi-factor authentication in safeguarding their digital assets. As cyber threats become more prevalent, SMEs are adopting MFA solutions to enhance their security posture without incurring substantial costs. The availability of cloud-based MFA solutions has made it easier for SMEs to implement effective authentication measures, making robust security accessible to organizations of all sizes. Additionally, as SMEs often lack dedicated IT resources, MFA solutions that offer ease of integration and user-friendly interfaces are particularly appealing to this segment. The growing awareness of the potential risks associated with data breaches is prompting SMEs to prioritize security investments, thus driving the growth of the MFA market within this organization size segment.

Large Enterprises:

Large enterprises are at the forefront of adopting multi-factor authentication solutions to mitigate the risks associated with extensive digital operations. Given the vast amounts of sensitive data they handle, these organizations recognize the critical need for advanced security measures, including MFA. Large enterprises typically have more complex authentication needs, leading them to adopt sophisticated multi-factor authentication solutions that integrate seamlessly with existing systems. The scale of operations often necessitates tailored solutions that can accommodate a diverse range of user access points. Furthermore, as large organizations face increasing regulatory scrutiny, the implementation of robust MFA measures is essential to comply with industry standards and protect against potential penalties. The ongoing demand for comprehensive security solutions among large enterprises will continue to drive the growth of this segment in the MFA market.

By Industry Vertical

BFSI:

The banking, financial services, and insurance (BFSI) sector is one of the largest adopters of multi-factor authentication solutions due to the high value of the assets and data they handle. As cyber threats in the financial space become increasingly sophisticated, financial institutions are prioritizing the implementation of robust security measures to protect sensitive customer information. MFA solutions are critical in preventing unauthorized access to accounts, ensuring secure transactions, and complying with regulatory mandates. Given the nature of the BFSI sector, where customer trust is paramount, the demand for multi-factor authentication is expected to remain strong as organizations seek to enhance their security infrastructure and mitigate risks associated with data breaches. Furthermore, the incorporation of advanced technologies such as biometrics and AI-driven authentication methods is setting a new standard for security in the BFSI industry.

Healthcare:

The healthcare industry is experiencing a rapid adoption of multi-factor authentication solutions as it grapples with the challenge of protecting sensitive patient information. With the rise of electronic health records (EHR) and telemedicine, securing access to healthcare data is more critical than ever. Multi-factor authentication serves as a vital tool in preventing unauthorized access and ensuring compliance with regulations such as HIPAA in the United States. The healthcare sector often faces unique security challenges, including the need to manage access for a diverse range of users, from medical staff to patients. The increasing focus on data privacy and the potential repercussions of data breaches are driving healthcare organizations to invest in MFA solutions that offer both security and user convenience, making this vertical a key contributor to the growth of the MFA market.

IT and Telecom:

The information technology and telecommunications sectors are crucial players in the multi-factor authentication market, as they provide the infrastructure and services that support a wide range of online activities. As these sectors become increasingly interconnected, the potential for cyber threats also rises, leading organizations to adopt multi-factor authentication as a proactive measure against security breaches. The demand for secure access to sensitive information and systems is driving MFA adoption across IT and telecom companies, particularly as remote working becomes more prevalent. Additionally, the increasing use of cloud technologies necessitates the implementation of robust authentication measures to protect user data. The IT and telecom industries are expected to continue to lead the way in MFA adoption, reflecting their commitment to ensuring secure digital environments.

Government and Defense:

The government and defense sector places a high priority on security, given the sensitive nature of the information it manages. Multi-factor authentication is a critical component in safeguarding national security, ensuring that only authorized personnel can access classified data and systems. The implementation of MFA solutions helps government agencies comply with stringent security protocols and regulations. As cyber threats targeting government and defense agencies have escalated, the demand for advanced authentication solutions is expected to grow. Furthermore, the integration of cutting-edge technologies such as biometric authentication enhances security while improving user experience. Given the unique security requirements of this sector, multi-factor authentication will continue to be a vital area of investment for government and defense organizations.

Others:

The "Others" category encompasses various industries that are adopting multi-factor authentication solutions to enhance their security measures. Industries such as retail, manufacturing, and education are increasingly recognizing the need to protect sensitive data and customer information. As cyber threats become more prevalent, organizations across various sectors are implementing MFA solutions to prevent unauthorized access and secure critical systems. The adaptability of multi-factor authentication allows it to cater to diverse industry needs, providing tailored security solutions that vary based on the specific challenges faced. As awareness of the importance of cybersecurity continues to grow, the demand for multi-factor authentication across these sectors is expected to rise significantly, contributing to the overall growth of the MFA market.

By Region

The multi-factor authentication market is witnessing diverse developments across different regions, each characterized by unique growth drivers and challenges. North America is currently leading the market, accounting for approximately 40% of the global revenue, primarily due to the presence of major technology players and increasing cyber threats. The region's advanced technological infrastructure and strict regulatory compliance requirements significantly contribute to the rising adoption of multi-factor authentication solutions. Europe is projected to follow closely behind, with a notable CAGR of around 12%, driven by the implementation of GDPR and other regulations that mandate enhanced security measures across various industries. The growing awareness of data privacy issues among consumers further fuels the demand for MFA in this region.

In Asia Pacific, the market is poised for substantial growth, with an anticipated CAGR of 18% during the forecast period. The rapid digital transformation across countries like China, India, and Japan is driving the need for secure access solutions. As organizations in this region adopt advanced technologies and face increasing cyber threats, the implementation of multi-factor authentication is becoming essential for protecting sensitive information. Latin America and the Middle East & Africa are also expected to witness steady growth, albeit at a slower pace compared to other regions, as businesses gradually recognize the importance of investing in cybersecurity solutions. Overall, the multi-factor authentication market is experiencing dynamic growth across various regions, reflecting the increasing awareness of security vulnerabilities and the need to protect digital assets.

Opportunities

As the multi-factor authentication market continues to expand, several opportunities are emerging for businesses and solution providers. One of the most significant opportunities lies in the growing demand for biometric authentication methods. Innovations in biometric technologies, such as facial recognition and fingerprint scanning, present a unique avenue for organizations to differentiate their offerings and enhance security measures. By investing in the development of advanced biometric solutions, companies can cater to the rising consumer preference for seamless yet secure authentication experiences, positioning themselves as leaders in the evolving market landscape. Furthermore, the increasing adoption of Internet of Things (IoT) devices presents additional opportunities for multi-factor authentication. As businesses embrace IoT technologies, they must implement robust security measures to protect connected devices. This growing need for secure authentication in IoT applications can drive demand for MFA solutions tailored specifically for this evolving ecosystem.

Additionally, partnerships and collaborations among technology providers, security vendors, and industry stakeholders can foster innovation and accelerate the development of advanced multi-factor authentication solutions. By joining forces, organizations can leverage each other's strengths and resources to create comprehensive security offerings that address specific industry needs. Furthermore, the rise of remote work arrangements, which have become increasingly commonplace, presents another significant opportunity for MFA providers. As organizations seek to secure remote access to sensitive data and systems, they are likely to invest in multi-factor authentication solutions that ensure secure connectivity for their distributed workforce. This trend not only highlights the importance of MFA in modern work environments but also underscores the potential for growth within this market segment.

Threats

Despite the promising growth trajectory of the multi-factor authentication market, several threats loom that could hinder its expansion. One of the primary threats is the increasing sophistication of cyber attacks. As attackers develop more advanced techniques to bypass security measures, traditional multi-factor authentication methods may fail to provide the expected level of protection. This evolving threat landscape necessitates continuous innovation and adaptation within the MFA market, placing pressure on solution providers to stay ahead of the curve. Additionally, the growing use of phishing techniques to exploit vulnerabilities in authentication systems poses a significant challenge. Cybercriminals are increasingly targeting users to gain access to sensitive information by tricking them into revealing their authentication credentials. This highlights the need for MFA solutions to incorporate advanced security features that can effectively counteract such tactics.

Furthermore, the lack of awareness and understanding of multi-factor authentication among some organizations can act as a restraining factor. Many businesses, particularly small and medium-sized enterprises, may not fully grasp the importance of implementing MFA solutions, leading to potential vulnerabilities in their security frameworks. This lack of awareness can hinder the overall adoption of multi-factor authentication, limiting market growth. Additionally, the perceived complexity and cost associated with implementing MFA systems may deter organizations from adopting these solutions. As businesses weigh the costs and benefits of MFA, addressing these concerns is critical for the continued expansion of the market. Overall, the multi-factor authentication market must navigate these threats and challenges to sustain its growth and effectiveness in enhancing digital security.

Competitor Outlook

• Duo Security
• Okta, Inc.
• Authy
• Microsoft Corporation
• Symantec Corporation
• RSA Security LLC
• Ping Identity
• LastPass
• IBM Corporation
• OneLogin
• SecureAuth
• ForgeRock
• Trustwave
• Yubico
• Google LLC

The competitive landscape of the multi-factor authentication market is highly dynamic, characterized by the presence of numerous established players and emerging startups. Major companies are continuously innovating and expanding their product offerings to maintain their competitive edge. The focus on enhancing user experience while ensuring robust security is a prevalent theme among leading providers. Additionally, many organizations are forming strategic partnerships to integrate multi-factor authentication solutions with existing security frameworks, thereby creating comprehensive offerings that cater to varying customer needs. As the market continues to mature, companies are also prioritizing the development of cloud-based MFA solutions to meet the growing demand for scalability and flexibility in authentication measures.

Among the key players in the market, Microsoft Corporation stands out as a major participant, offering a range of authentication solutions integrated into their Azure cloud platform. Their focus on innovation and extensive resources allow them to develop cutting-edge security features that address evolving threats. Likewise, Okta, Inc. is recognized for its identity management solutions that include multi-factor authentication capabilities, catering to various industries seeking to bolster their security measures. The company's commitment to providing user-friendly solutions has garnered a significant customer base, further solidifying its position in the market.

In addition to established players, several startups are making their mark in the multi-factor authentication space by focusing on niche solutions and emerging technologies. Companies such as Authy and Duo Security are gaining traction for their unique approaches to authentication, emphasizing usability and security. The competitive landscape is also witnessing increased interest in biometric authentication methods, with companies like Yubico leading the charge in developing secure hardware solutions. As the market evolves, the landscape is expected to become even more crowded, with new entrants and innovations continuously reshaping the dynamics of multi-factor authentication.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Authy
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Yubico
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 LastPass
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 OneLogin
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 ForgeRock
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Trustwave
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Google LLC
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Okta, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 SecureAuth
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Duo Security
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Ping Identity
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 IBM Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 RSA Security LLC
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Symantec Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Microsoft Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Multi factor Authentication Sales Market, By Component
    • 6.1.1 Solutions
    • 6.1.2 Services
  • 6.2 Multi factor Authentication Sales Market, By Deployment Mode
    • 6.2.1 Cloud-Based
    • 6.2.2 On-Premises
  • 6.3 Multi factor Authentication Sales Market, By Organization Size
    • 6.3.1 Small and Medium-Sized Enterprises
    • 6.3.2 Large Enterprises
  • 6.4 Multi factor Authentication Sales Market, By Authentication Type
    • 6.4.1 Two-Factor Authentication
    • 6.4.2 Three-Factor Authentication
    • 6.4.3 Multi-Factor Biometrics Authentication
    • 6.4.4 Multi-Factor Smart Cards Authentication
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Multi factor Authentication Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Multi factor Authentication Sales market is categorized based on

By Component

• Solutions
• Services

By Authentication Type

• Two-Factor Authentication
• Three-Factor Authentication
• Multi-Factor Biometrics Authentication
• Multi-Factor Smart Cards Authentication
• Others

By Deployment Mode

• Cloud-Based
• On-Premises

By Organization Size

• Small and Medium-Sized Enterprises
• Large Enterprises

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Duo Security
• Okta, Inc.
• Authy
• Microsoft Corporation
• Symantec Corporation
• RSA Security LLC
• Ping Identity
• LastPass
• IBM Corporation
• OneLogin
• SecureAuth
• ForgeRock
• Trustwave
• Yubico
• Google LLC