Global Multi-Factor Authentication (MFA) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Multi-Factor Authentication (MFA) Market Size, Manufacturers, Opportunities and Forecast to 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 was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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 Scope

This report aims to provide a comprehensive presentation of the global market for Multi-Factor Authentication (MFA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Multi-Factor Authentication (MFA).

The Multi-Factor Authentication (MFA) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Multi-Factor Authentication (MFA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 value), 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 global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). 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: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: 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 5: Detailed analysis of Multi-Factor Authentication (MFA) companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Chapter 12: Concluding Insights of the report


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Multi-Factor Authentication (MFA) Market Size Overview by Region 20
19 VS 2023 VS 2030
1.4 Global Multi-Factor Authentication (MFA) Market Size by Region (2019-2030)
1.4.1 Global Multi-Factor Authentication (MFA) Market Size by Region (2019-2024)
1.4.2 Global Multi-Factor Authentication (MFA) Market Size by Region (2025-2030)
1.5 Key Regions Multi-Factor Authentication (MFA) Market Size (2019-2030)
1.5.1 North America Multi-Factor Authentication (MFA) Market Size Growth Rate (2019-2030)
1.5.2 Europe Multi-Factor Authentication (MFA) Market Size Growth Rate (2019-2030)
1.5.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size Growth Rate (2019-2030)
1.5.4 Latin America Multi-Factor Authentication (MFA) Market Size Growth Rate (2019-2030)
1.5.5 Middle East & Africa Multi-Factor Authentication (MFA) Market Size Growth Rate (2019-2030)
2 Multi-Factor Authentication (MFA) Market by Type
2.1 Type Introduction
2.1.1 Two-Factor Authentication
2.1.2 Three-Factor Authentication
2.1.3 Others
2.2 Global Multi-Factor Authentication (MFA) Market Size by Type
2.2.1 Global Multi-Factor Authentication (MFA) Market Size Overview by Type (2019-2030)
2.2.2 Global Multi-Factor Authentication (MFA) Historic Market Size Review by Type (2019-2024)
2.2.3 Global Multi-Factor Authentication (MFA) Market Size Forecasted by Type (2025-2030)
2.3 Global Multi-Factor Authentication (MFA) Market Size by Regions
2.3.1 North America Multi-Factor Authentication (MFA) Market Size Breakdown by Type (2019-2024)
2.3.2 Europe Multi-Factor Authentication (MFA) Market Size Breakdown by Type (2019-2024)
2.3.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size Breakdown by Type (2019-2024)
2.3.4 Latin America Multi-Factor Authentication (MFA) Market Size Breakdown by Type (2019-2024)
2.3.5 Middle East and Africa Multi-Factor Authentication (MFA) Market Size Breakdown by Type (2019-2024)
3 Multi-Factor Authentication (MFA) Market by Application
3.1 Type Introduction
3.1.1 Banking and Finance
3.1.2 Government
3.1.3 Travel and Immigration
3.1.4 Military and Defense
3.1.5 Commercial Security
3.1.6 Consumer Electronics
3.1.7 Healthcare
3.1.8 Others
3.2 Global Multi-Factor Authentication (MFA) Market Size by Application
3.2.1 Global Multi-Factor Authentication (MFA) Market Size Overview by Application (2019-2030)
3.2.2 Global Multi-Factor Authentication (MFA) Historic Market Size Review by Application (2019-2024)
3.2.3 Global Multi-Factor Authentication (MFA) Market Size Forecasted by Application (2025-2030)
3.3 Global Multi-Factor Authentication (MFA) Market Size by Regions
3.3.1 North America Multi-Factor Authentication (MFA) Market Size Breakdown by Application (2019-2024)
3.3.2 Europe Multi-Factor Authentication (MFA) Market Size Breakdown by Application (2019-2024)
3.3.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size Breakdown by Application (2019-2024)
3.3.4 Latin America Multi-Factor Authentication (MFA) Market Size Breakdown by Application (2019-2024)
3.3.5 Middle East and Africa Multi-Factor Authentication (MFA) Market Size Breakdown by Application (2019-2024)
4 Global Market Dynamics
4.1 Multi-Factor Authentication (MFA) Industry Trends
4.2 Multi-Factor Authentication (MFA) Industry Drivers
4.3 Multi-Factor Authentication (MFA) Industry Opportunities and Challenges
4.4 Multi-Factor Authentication (MFA) Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by Multi-Factor Authentication (MFA) Revenue (2019-2024)
5.2 Global Multi-Factor Authentication (MFA) Industry Company Ranking, 20
22 VS 2023 VS 2024
5.3 Global Multi-Factor Authentication (MFA) Key Company Headquarters & Area Served
5.4 Global Multi-Factor Authentication (MFA) Company, Product Type & Application
5.5 Global Multi-Factor Authentication (MFA) Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Multi-Factor Authentication (MFA) Market CR5 and HHI
5.6.2 Global Top 5 and
10 Multi-Factor Authentication (MFA) Players Market Share by Revenue in 2023
5.6.3 20
23 Multi-Factor Authentication (MFA) Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 Morpho (France)
6.1.1 Morpho (France) Comapny Information
6.1.2 Morpho (France) Business Overview
6.1.3 Morpho (France) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.1.4 Morpho (France) Multi-Factor Authentication (MFA) Product Portfolio
6.1.5 Morpho (France) Recent Developments
6.2 Gemalto (Netherlands)
6.2.1 Gemalto (Netherlands) Comapny Information
6.2.2 Gemalto (Netherlands) Business Overview
6.2.3 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.2.4 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Product Portfolio
6.2.5 Gemalto (Netherlands) Recent Developments
6.3 NEC (Japan)
6.3.1 NEC (Japan) Comapny Information
6.3.2 NEC (Japan) Business Overview
6.3.3 NEC (Japan) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.3.4 NEC (Japan) Multi-Factor Authentication (MFA) Product Portfolio
6.3.5 NEC (Japan) Recent Developments
6.4 Entrust Inc. (US)
6.4.1 Entrust Inc. (US) Comapny Information
6.4.2 Entrust Inc. (US) Business Overview
6.4.3 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.4.4 Entrust Inc. (US) Multi-Factor Authentication (MFA) Product Portfolio
6.4.5 Entrust Inc. (US) Recent Developments
6.5 Broadcom
6.5.1 Broadcom Comapny Information
6.5.2 Broadcom Business Overview
6.5.3 Broadcom Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.5.4 Broadcom Multi-Factor Authentication (MFA) Product Portfolio
6.5.5 Broadcom Recent Developments
6.6 Fujitsu (Japan)
6.6.1 Fujitsu (Japan) Comapny Information
6.6.2 Fujitsu (Japan) Business Overview
6.6.3 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.6.4 Fujitsu (Japan) Multi-Factor Authentication (MFA) Product Portfolio
6.6.5 Fujitsu (Japan) Recent Developments
6.7 VASCO Data Security (US)
6.7.1 VASCO Data Security (US) Comapny Information
6.7.2 VASCO Data Security (US) Business Overview
6.7.3 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.7.4 VASCO Data Security (US) Multi-Factor Authentication (MFA) Product Portfolio
6.7.5 VASCO Data Security (US) Recent Developments
6.8 HID Global (US)
6.8.1 HID Global (US) Comapny Information
6.8.2 HID Global (US) Business Overview
6.8.3 HID Global (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.8.4 HID Global (US) Multi-Factor Authentication (MFA) Product Portfolio
6.8.5 HID Global (US) Recent Developments
6.9 RSA Security (US)
6.9.1 RSA Security (US) Comapny Information
6.9.2 RSA Security (US) Business Overview
6.9.3 RSA Security (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.9.4 RSA Security (US) Multi-Factor Authentication (MFA) Product Portfolio
6.9.5 RSA Security (US) Recent Developments
6.
10 Symantec Corporation (US)
6.10.1 Symantec Corporation (US) Comapny Information
6.10.2 Symantec Corporation (US) Business Overview
6.10.3 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.10.4 Symantec Corporation (US) Multi-Factor Authentication (MFA) Product Portfolio
6.10.5 Symantec Corporation (US) Recent Developments
6.
11 SecurEnvoy ltd (England)
6.11.1 SecurEnvoy ltd (England) Comapny Information
6.11.2 SecurEnvoy ltd (England) Business Overview
6.11.3 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.11.4 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Product Portfolio
6.11.5 SecurEnvoy ltd (England) Recent Developments
6.
12 Crossmatch (US)
6.12.1 Crossmatch (US) Comapny Information
6.12.2 Crossmatch (US) Business Overview
6.12.3 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.12.4 Crossmatch (US) Multi-Factor Authentication (MFA) Product Portfolio
6.12.5 Crossmatch (US) Recent Developments
6.
13 Duo Secuirty (US)
6.13.1 Duo Secuirty (US) Comapny Information
6.13.2 Duo Secuirty (US) Business Overview
6.13.3 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.13.4 Duo Secuirty (US) Multi-Factor Authentication (MFA) Product Portfolio
6.13.5 Duo Secuirty (US) Recent Developments
6.
14 Deepnet Security (England)
6.14.1 Deepnet Security (England) Comapny Information
6.14.2 Deepnet Security (England) Business Overview
6.14.3 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.14.4 Deepnet Security (England) Multi-Factor Authentication (MFA) Product Portfolio
6.14.5 Deepnet Security (England) Recent Developments
6.
15 CensorNet Ltd. (England)
6.15.1 CensorNet Ltd. (England) Comapny Information
6.15.2 CensorNet Ltd. (England) Business Overview
6.15.3 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue, Global Share and Gross Margin (2019-2024)
6.15.4 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Product Portfolio
6.15.5 CensorNet Ltd. (England) Recent Developments
7 North America
7.1 North America Multi-Factor Authentication (MFA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2 North America Multi-Factor Authentication (MFA) Market Size by Country (2019-2024)
7.3 North America Multi-Factor Authentication (MFA) Market Size Forecast by Country (2025-2030)
8 Europe
8.1 Europe Multi-Factor Authentication (MFA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2 Europe Multi-Factor Authentication (MFA) Market Size by Country (2019-2024)
8.3 Europe Multi-Factor Authentication (MFA) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific
9.1 Asia-Pacific Multi-Factor Authentication (MFA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2 Asia-Pacific Multi-Factor Authentication (MFA) Market Size by Country (2019-2024)
9.3 Asia-Pacific Multi-Factor Authentication (MFA) Market Size Forecast by Country (2025-2030)
10 Latin America
10.1 Latin America Multi-Factor Authentication (MFA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2 Latin America Multi-Factor Authentication (MFA) Market Size by Country (2019-2024)
10.3 Latin America Multi-Factor Authentication (MFA) Market Size Forecast by Country (2025-2030)
11 Middle East & Africa
11.1 Middle East & Africa Multi-Factor Authentication (MFA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Country (2019-2024)
11.3 Middle East & Africa Multi-Factor Authentication (MFA) Market Size Forecast by Country (2025-2030)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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