Global Multi-Factor Authentication (MFA) Market Analysis and Forecast 2024-2030

Global Multi-Factor Authentication (MFA) Market Analysis and Forecast 2024-2030


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.

According to APO Research, The global Multi-Factor Authentication (MFA) market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast 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 Includes

This report presents an overview of global market for Multi-Factor Authentication (MFA), market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Multi-Factor Authentication (MFA), also provides the revenue of main regions and countries. Of the upcoming market potential for Multi-Factor Authentication (MFA), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Multi-Factor Authentication (MFA) revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Multi-Factor Authentication (MFA) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Multi-Factor Authentication (MFA) revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Morpho (France), Gemalto (Netherlands), NEC (Japan), Entrust Inc. (US), Broadcom, Fujitsu (Japan), VASCO Data Security (US), HID Global (US) and RSA Security (US), etc.

Multi-Factor Authentication (MFA) segment by Company

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)

Multi-Factor Authentication (MFA) segment by Type

Two-Factor Authentication
Three-Factor Authentication
Others

Multi-Factor Authentication (MFA) segment by Application

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

Multi-Factor Authentication (MFA) segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.
2. To present the key players, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Multi-Factor Authentication (MFA) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Multi-Factor Authentication (MFA) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in market size), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Multi-Factor Authentication (MFA).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Revenue of Multi-Factor Authentication (MFA) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 4: Detailed analysis of Multi-Factor Authentication (MFA) company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Multi-Factor Authentication (MFA) revenue, gross margin, and recent development, etc.
Chapter 8: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 9: Europe by type, by application and by country, revenue for each segment.
Chapter 10: China type, by application, revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.
Chapter 12: Middle East, Africa, and Latin America type, by application and by country, revenue for each segment.
Chapter 13: The main concluding insights of the report.
Chapter 13: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Multi-Factor Authentication (MFA) Market by Type
1.2.1 Global Multi-Factor Authentication (MFA) Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Two-Factor Authentication
1.2.3 Three-Factor Authentication
1.2.4 Others
1.3 Multi-Factor Authentication (MFA) Market by Application
1.3.1 Global Multi-Factor Authentication (MFA) Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Banking and Finance
1.3.3 Government
1.3.4 Travel and Immigration
1.3.5 Military and Defense
1.3.6 Commercial Security
1.3.7 Consumer Electronics
1.3.8 Healthcare
1.3.9 Others
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Multi-Factor Authentication (MFA) Market Dynamics
2.1 Multi-Factor Authentication (MFA) Industry Trends
2.2 Multi-Factor Authentication (MFA) Industry Drivers
2.3 Multi-Factor Authentication (MFA) Industry Opportunities and Challenges
2.4 Multi-Factor Authentication (MFA) Industry Restraints
3 Global Growth Perspective
3.1 Global Multi-Factor Authentication (MFA) Market Perspective (2019-2030)
3.2 Global Multi-Factor Authentication (MFA) Growth Trends by Region
3.2.1 Global Multi-Factor Authentication (MFA) Market Size by Region: 2019 VS 2023 VS 2030
3.2.2 Global Multi-Factor Authentication (MFA) Market Size by Region (2019-2024)
3.2.3 Global Multi-Factor Authentication (MFA) Market Size by Region (2025-2030)
4 Competitive Landscape by Players
4.1 Global Multi-Factor Authentication (MFA) Revenue by Players
4.1.1 Global Multi-Factor Authentication (MFA) Revenue by Players (2019-2024)
4.1.2 Global Multi-Factor Authentication (MFA) Revenue Market Share by Players (2019-2024)
4.1.3 Global Multi-Factor Authentication (MFA) Players Revenue Share Top 10 and Top 5 in 2023
4.2 Global Multi-Factor Authentication (MFA) Key Players Ranking, 2022 VS 2023 VS 2024
4.3 Global Multi-Factor Authentication (MFA) Key Players Headquarters & Area Served
4.4 Global Multi-Factor Authentication (MFA) Players, Product Type & Application
4.5 Global Multi-Factor Authentication (MFA) Players Commercialization Time
4.6 Market Competitive Analysis
4.6.1 Global Multi-Factor Authentication (MFA) Market CR5 and HHI
4.6.2 Global Top 5 and 10 Multi-Factor Authentication (MFA) Players Market Share by Revenue in 2023
4.6.3 2023 Multi-Factor Authentication (MFA) Tier 1, Tier 2, and Tier 3
5 Multi-Factor Authentication (MFA) Market Size by Type
5.1 Global Multi-Factor Authentication (MFA) Revenue by Type (2019 VS 2023 VS 2030)
5.2 Global Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
5.3 Global Multi-Factor Authentication (MFA) Revenue Market Share by Type (2019-2030)
6 Multi-Factor Authentication (MFA) Market Size by Application
6.1 Global Multi-Factor Authentication (MFA) Revenue by Application (2019 VS 2023 VS 2030)
6.2 Global Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
6.3 Global Multi-Factor Authentication (MFA) Revenue Market Share by Application (2019-2030)
7 Company Profiles
7.1 Morpho (France)
7.1.1 Morpho (France) Comapny Information
7.1.2 Morpho (France) Business Overview
7.1.3 Morpho (France) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.1.4 Morpho (France) Multi-Factor Authentication (MFA) Product Portfolio
7.1.5 Morpho (France) Recent Developments
7.2 Gemalto (Netherlands)
7.2.1 Gemalto (Netherlands) Comapny Information
7.2.2 Gemalto (Netherlands) Business Overview
7.2.3 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.2.4 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Product Portfolio
7.2.5 Gemalto (Netherlands) Recent Developments
7.3 NEC (Japan)
7.3.1 NEC (Japan) Comapny Information
7.3.2 NEC (Japan) Business Overview
7.3.3 NEC (Japan) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.3.4 NEC (Japan) Multi-Factor Authentication (MFA) Product Portfolio
7.3.5 NEC (Japan) Recent Developments
7.4 Entrust Inc. (US)
7.4.1 Entrust Inc. (US) Comapny Information
7.4.2 Entrust Inc. (US) Business Overview
7.4.3 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.4.4 Entrust Inc. (US) Multi-Factor Authentication (MFA) Product Portfolio
7.4.5 Entrust Inc. (US) Recent Developments
7.5 Broadcom
7.5.1 Broadcom Comapny Information
7.5.2 Broadcom Business Overview
7.5.3 Broadcom Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.5.4 Broadcom Multi-Factor Authentication (MFA) Product Portfolio
7.5.5 Broadcom Recent Developments
7.6 Fujitsu (Japan)
7.6.1 Fujitsu (Japan) Comapny Information
7.6.2 Fujitsu (Japan) Business Overview
7.6.3 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.6.4 Fujitsu (Japan) Multi-Factor Authentication (MFA) Product Portfolio
7.6.5 Fujitsu (Japan) Recent Developments
7.7 VASCO Data Security (US)
7.7.1 VASCO Data Security (US) Comapny Information
7.7.2 VASCO Data Security (US) Business Overview
7.7.3 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.7.4 VASCO Data Security (US) Multi-Factor Authentication (MFA) Product Portfolio
7.7.5 VASCO Data Security (US) Recent Developments
7.8 HID Global (US)
7.8.1 HID Global (US) Comapny Information
7.8.2 HID Global (US) Business Overview
7.8.3 HID Global (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.8.4 HID Global (US) Multi-Factor Authentication (MFA) Product Portfolio
7.8.5 HID Global (US) Recent Developments
7.9 RSA Security (US)
7.9.1 RSA Security (US) Comapny Information
7.9.2 RSA Security (US) Business Overview
7.9.3 RSA Security (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.9.4 RSA Security (US) Multi-Factor Authentication (MFA) Product Portfolio
7.9.5 RSA Security (US) Recent Developments
7.10 Symantec Corporation (US)
7.10.1 Symantec Corporation (US) Comapny Information
7.10.2 Symantec Corporation (US) Business Overview
7.10.3 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.10.4 Symantec Corporation (US) Multi-Factor Authentication (MFA) Product Portfolio
7.10.5 Symantec Corporation (US) Recent Developments
7.11 SecurEnvoy ltd (England)
7.11.1 SecurEnvoy ltd (England) Comapny Information
7.11.2 SecurEnvoy ltd (England) Business Overview
7.11.3 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.11.4 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Product Portfolio
7.11.5 SecurEnvoy ltd (England) Recent Developments
7.12 Crossmatch (US)
7.12.1 Crossmatch (US) Comapny Information
7.12.2 Crossmatch (US) Business Overview
7.12.3 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.12.4 Crossmatch (US) Multi-Factor Authentication (MFA) Product Portfolio
7.12.5 Crossmatch (US) Recent Developments
7.13 Duo Secuirty (US)
7.13.1 Duo Secuirty (US) Comapny Information
7.13.2 Duo Secuirty (US) Business Overview
7.13.3 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.13.4 Duo Secuirty (US) Multi-Factor Authentication (MFA) Product Portfolio
7.13.5 Duo Secuirty (US) Recent Developments
7.14 Deepnet Security (England)
7.14.1 Deepnet Security (England) Comapny Information
7.14.2 Deepnet Security (England) Business Overview
7.14.3 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.14.4 Deepnet Security (England) Multi-Factor Authentication (MFA) Product Portfolio
7.14.5 Deepnet Security (England) Recent Developments
7.15 CensorNet Ltd. (England)
7.15.1 CensorNet Ltd. (England) Comapny Information
7.15.2 CensorNet Ltd. (England) Business Overview
7.15.3 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
7.15.4 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Product Portfolio
7.15.5 CensorNet Ltd. (England) Recent Developments
8 North America
8.1 North America Multi-Factor Authentication (MFA) Revenue (2019-2030)
8.2 North America Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
8.2.1 North America Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
8.2.2 North America Multi-Factor Authentication (MFA) Revenue by Type (2025-2030)
8.3 North America Multi-Factor Authentication (MFA) Revenue Share by Type (2019-2030)
8.4 North America Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
8.4.1 North America Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
8.4.2 North America Multi-Factor Authentication (MFA) Revenue by Application (2025-2030)
8.5 North America Multi-Factor Authentication (MFA) Revenue Share by Application (2019-2030)
8.6 North America Multi-Factor Authentication (MFA) Revenue by Country
8.6.1 North America Multi-Factor Authentication (MFA) Revenue by Country (2019 VS 2023 VS 2030)
8.6.2 North America Multi-Factor Authentication (MFA) Revenue by Country (2019-2024)
8.6.3 North America Multi-Factor Authentication (MFA) Revenue by Country (2025-2030)
8.6.4 U.S.
8.6.5 Canada
9 Europe
9.1 Europe Multi-Factor Authentication (MFA) Revenue (2019-2030)
9.2 Europe Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
9.2.1 Europe Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
9.2.2 Europe Multi-Factor Authentication (MFA) Revenue by Type (2025-2030)
9.3 Europe Multi-Factor Authentication (MFA) Revenue Share by Type (2019-2030)
9.4 Europe Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
9.4.1 Europe Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
9.4.2 Europe Multi-Factor Authentication (MFA) Revenue by Application (2025-2030)
9.5 Europe Multi-Factor Authentication (MFA) Revenue Share by Application (2019-2030)
9.6 Europe Multi-Factor Authentication (MFA) Revenue by Country
9.6.1 Europe Multi-Factor Authentication (MFA) Revenue by Country (2019 VS 2023 VS 2030)
9.6.2 Europe Multi-Factor Authentication (MFA) Revenue by Country (2019-2024)
9.6.3 Europe Multi-Factor Authentication (MFA) Revenue by Country (2025-2030)
9.6.4 Germany
9.6.5 France
9.6.6 U.K.
9.6.7 Italy
9.6.8 Russia
10 China
10.1 China Multi-Factor Authentication (MFA) Revenue (2019-2030)
10.2 China Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
10.2.1 China Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
10.2.2 China Multi-Factor Authentication (MFA) Revenue by Type (2025-2030)
10.3 China Multi-Factor Authentication (MFA) Revenue Share by Type (2019-2030)
10.4 China Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
10.4.1 China Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
10.4.2 China Multi-Factor Authentication (MFA) Revenue by Application (2025-2030)
10.5 China Multi-Factor Authentication (MFA) Revenue Share by Application (2019-2030)
11 Asia (Excluding China)
11.1 Asia Multi-Factor Authentication (MFA) Revenue (2019-2030)
11.2 Asia Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
11.2.1 Asia Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
11.2.2 Asia Multi-Factor Authentication (MFA) Revenue by Type (2025-2030)
11.3 Asia Multi-Factor Authentication (MFA) Revenue Share by Type (2019-2030)
11.4 Asia Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
11.4.1 Asia Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
11.4.2 Asia Multi-Factor Authentication (MFA) Revenue by Application (2025-2030)
11.5 Asia Multi-Factor Authentication (MFA) Revenue Share by Application (2019-2030)
11.6 Asia Multi-Factor Authentication (MFA) Revenue by Country
11.6.1 Asia Multi-Factor Authentication (MFA) Revenue by Country (2019 VS 2023 VS 2030)
11.6.2 Asia Multi-Factor Authentication (MFA) Revenue by Country (2019-2024)
11.6.3 Asia Multi-Factor Authentication (MFA) Revenue by Country (2025-2030)
11.6.4 Japan
11.6.5 South Korea
11.6.6 India
11.6.7 Australia
11.6.8 China Taiwan
11.6.9 Southeast Asia
12 Middle East, Africa, Latin America
12.1 MEALA Multi-Factor Authentication (MFA) Revenue (2019-2030)
12.2 MEALA Multi-Factor Authentication (MFA) Revenue by Type (2019-2030)
12.2.1 MEALA Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
12.2.2 MEALA Multi-Factor Authentication (MFA) Revenue by Type (2025-2030)
12.3 MEALA Multi-Factor Authentication (MFA) Revenue Share by Type (2019-2030)
12.4 MEALA Multi-Factor Authentication (MFA) Revenue by Application (2019-2030)
12.4.1 MEALA Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
12.4.2 MEALA Multi-Factor Authentication (MFA) Revenue by Application (2025-2030)
12.5 MEALA Multi-Factor Authentication (MFA) Revenue Share by Application (2019-2030)
12.6 MEALA Multi-Factor Authentication (MFA) Revenue by Country
12.6.1 MEALA Multi-Factor Authentication (MFA) Revenue by Country (2019 VS 2023 VS 2030)
12.6.2 MEALA Multi-Factor Authentication (MFA) Revenue by Country (2019-2024)
12.6.3 MEALA Multi-Factor Authentication (MFA) Revenue by Country (2025-2030)
12.6.4 Mexico
12.6.5 Brazil
12.6.6 Israel
12.6.7 Argentina
12.6.8 Colombia
12.6.9 Turkey
12.6.10 Saudi Arabia
12.6.11 UAE
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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