Multifactor Authentication Market in Japan 2024-2028

Multifactor Authentication Market In Japan 2024-2028

The multifactor authentication market in Japan is forecasted to grow by USD 1088.98 mn during 2023-2028, accelerating at a CAGR of 24.39% during the forecast period. The report on the multifactor authentication market in Japan provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of cloud-based multifactor authentication solutions and services, stringent government regulations to increase the adoption of multifactor authentication, and an increase in the volume of online transactions.

Technavio's multifactor authentication market in Japan is segmented as below:

• By Component
• Service
• Product
• By Deployment
• On premises
• Cloud
• By Type
• Password-based authentication
• Password-less authentication
• By Geography
• APAC

This study identifies the growing adoption of BYOD among enterprises as one of the prime reasons driving the multifactor authentication market in Japan growth during the next few years. Also, the increased adoption of unified platforms for authentication purposes and the rising adoption of interconnected devices in the IoT environment will lead to sizable demand in the market.

The report on the multifactor authentication market in Japan covers the following areas:

• Multifactor authentication market in Japan sizing
• Multifactor authentication market in Japan forecast
• Multifactor authentication market in Japan industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading multifactor authentication market in Japan vendors that include Akamai Technologies Inc., Amazon.com Inc., Cisco Systems Inc., Entrust Corp., Fujitsu Ltd., International Business Machines Corp., Kyndryl Inc., Microsoft Corp., NEC Corp., Okta Inc., Ping Identity Corp., Quest Software Inc., Salesforce Inc., and Thales Group. Also, the multifactor authentication market in Japan analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.