Multi-Factor Authentication Market Forecasts to 2030 – Global Analysis By Authentication Type (Passwordless Authentication and Password-Based Authentication), Model Type, Component, End User, and By Geography

Multi-Factor Authentication Market Forecasts to 2030 – Global Analysis By Authentication Type (Passwordless Authentication and Password-Based Authentication), Model Type, Component, End User, and By Geography


According to Stratistics MRC, the Global Multi-Factor Authentication Market is accounted for $16.59 billion in 2023 and is expected to reach $47.47 billion by 2030 growing at a CAGR of 16.2% during the forecast period. Multi-Factor Authentication (MFA) is a security measure that requires users to provide multiple forms of verification to access an account or system. Typically, this involves combining something the user knows (like a password) with something they have (like a smartphone for receiving a code via SMS or a token generator) and/or something they are (like a fingerprint or facial recognition). MFA enhances security by adding layers of protection against unauthorized access, as it makes it more difficult for attackers to breach an account solely by obtaining one piece of authentication information.

According to the US Federal Trade Commission (FTC), more than 5.88 million fraud reports were received on their portal in 2021.

Market Dynamics:

Driver:

Increasing adoption of cloud services

MFA solutions play a critical role in securing access to cloud resources by adding an additional layer of authentication beyond traditional passwords. Cloud services, such as Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS), enable users to access data and applications from anywhere, at any time, using various devices. In addition, these solutions address challenges by requiring users to authenticate their identities, which drive this market further.

Restraint:

High cost

Implementing MFA solutions involves several expenses, including upfront investments in hardware tokens, biometric devices, software licenses, and ongoing maintenance costs. For smaller businesses or organizations with limited budgets, the initial investment required for MFA may be perceived as prohibitively high. Additionally, ongoing expenses related to maintenance, upgrades, and user support further contribute to the total cost of ownership for MFA solutions.

Opportunity:

Rising awareness and education

Organizations are investing in employee training programs and cybersecurity awareness initiatives to educate users about the risks of weak authentication practices and promote the adoption of MFA technologies. Education initiatives, cybersecurity awareness campaigns, and media coverage of high-profile security breaches have contributed to a greater understanding. Moreover, by empowering users with knowledge about the benefits and importance of MFA, organizations can drive adoption and implementation efforts more effectively.

Threat:

Lack of standardization

The absence of universal standards for MFA can lead to fragmentation within the market, with different vendors offering proprietary authentication methods and protocols. This lack of standardization complicates integration efforts, increases implementation costs, and limits the interoperability of MFA solutions with existing IT infrastructure and applications. Additionally, inconsistencies in MFA implementations can lead to confusion, frustration, and resistance to using secure authentication methods, hence hindering market growth.

Covid-19 Impact

The COVID-19 pandemic has had a mixed impact on the Multi-Factor Authentication (MFA) market. The economic uncertainty caused by the pandemic prompted some organizations to postpone or scale back investments in cybersecurity initiatives, including MFA projects, as they prioritized cost-cutting measures and business continuity efforts. However, some businesses may have struggled to allocate resources and prioritize cybersecurity investments amidst the immediate challenges posed by the pandemic, which thereby impeded market expansion.

The password-based authentication segment is expected to be the largest during the forecast period

The password-based authentication segment is estimated to hold the largest share because it involves users providing a single factor—typically a password or passphrase—to access their accounts or systems. This includes methods such as biometric authentication, one-time passwords (OTPs), and authentication codes. Moreover, there is a growing demand for MFA solutions that enhance security by requiring users to provide additional forms of verification beyond just a password, which is boosting this segment’s expansion.

The hardware segment is expected to have the highest CAGR during the forecast period

The hardware segment is anticipated to have highest CAGR during the forecast period due to its crucial role in providing secure and reliable authentication solutions to organizations and individuals. It involves the use of physical devices, such as tokens or smart cards, to generate or store authentication credentials. Furthermore, these solutions offer advantages such as offline functionality, resilience to phishing attacks, and compliance with industry regulations and standards, thereby driving this segment’s growth.

Region with largest share:

North America commanded the largest market share during the extrapolated period owing to increasing cybersecurity concerns, stringent regulatory requirements, and widespread adoption of digital technologies across various industries. The region encompasses the United States, Canada, and Mexico, which are home to a large number of technology companies, financial institutions, government agencies, and enterprises that prioritize cybersecurity. Additionally, businesses and government entities are increasingly investing in MFA solutions to protect sensitive data and prevent unauthorized access, which thereby increases this region’s size.

Region with highest CAGR:

Europe is expected to witness highest CAGR over the projection period, owing to a strong focus on data protection, privacy regulations, and cybersecurity awareness. Additionally, the rise in cyber threats, including identity theft, phishing attacks, and data breaches, has propelled organizations to adopt MFA solutions to mitigate risks. Collaborations between industry stakeholders, government agencies, and regulatory bodies contribute to the growth and adoption of MFA technologies in Europe.

Key players in the market

Some of the key players in the Multi-Factor Authentication Market include IBM Corporation, Vasco Data Security International, Inc., Thales, Safran S.A., Gemalto NV, Microsoft Corporation, Okta,, Fujitsu America, Inc., Salesforce.com, Inc. , 3M, RSA Security LLC, Google LLC, CA Technologies, Symantec Corporation and Ping Identity Corporation.

Key Developments:

In January 2024, Google and Worldline announced a strategic partnership designed to leverage cutting-edge cloud-based technologies from google cloud to take worldline's digital transformation further.

In December 2023, IBM announced that it has entered into a definitive agreement with Software AG, a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.

In September 2023, Thales and Kyndryl announced partnership for comprehensive response to cybersecurity incidents.

Authentication types Covered:
• Passwordless Authentication
• Password-Based Authentication

Model Types Covered:
• Two Factor Authentication
• Three Factor Authentication
• Four Factor Authentication
• Five-Factor Authentication
• Other Model Types

Components Covered:
• Hardware
• Services
• Software

End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Government and Defense
• Healthcare
• IT and Telecommunications
• Retail
• Energy and Utilities
• Manufacturing
• Education
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Multi-Factor Authentication Market, By Authentication Type
5.1 Introduction
5.2 Passwordless Authentication
5.3 Password-Based Authentication
6 Global Multi-Factor Authentication Market, By Model Type
6.1 Introduction
6.2 Two Factor Authentication
6.3 Three Factor Authentication
6.4 Four Factor Authentication
6.5 Five-Factor Authentication
6.6 Other Model Types
7 Global Multi-Factor Authentication Market, By Component
7.1 Introduction
7.2 Hardware
7.3 Services
7.4 Software
8 Global Multi-Factor Authentication Market, By End User
8.1 Introduction
8.2 Banking, Financial Services, and Insurance (BFSI)
8.3 Government and Defense
8.4 Healthcare
8.5 IT and Telecommunications
8.6 Retail
8.7 Energy and Utilities
8.8 Manufacturing
8.9 Education
8.10 Other End Users
9 Global Multi-Factor Authentication Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 IBM Corporation
11.2 Vasco Data Security International, Inc.
11.3 Thales
11.4 Safran S.A.
11.5 Gemalto NV
11.6 Microsoft Corporation
11.7 Okta
11.8 Fujitsu America, Inc.
11.9 Salesforce.com, Inc.
11.10 3M
11.11 RSA Security LLC
11.12 Google LLC
11.13 CA Technologies
11.14 Symantec Corporation
11.15 Ping Identity Corporation
List of Tables
Table 1 Global Multi-Factor Authentication Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 3 Global Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 4 Global Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 5 Global Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 6 Global Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 7 Global Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 8 Global Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 9 Global Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 10 Global Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 11 Global Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 12 Global Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 13 Global Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 14 Global Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 15 Global Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 16 Global Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 17 Global Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 18 Global Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 19 Global Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 20 Global Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 21 Global Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 22 Global Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 23 Global Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 24 Global Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)
Table 25 North America Multi-Factor Authentication Market Outlook, By Country (2021-2030) ($MN)
Table 26 North America Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 27 North America Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 28 North America Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 29 North America Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 30 North America Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 31 North America Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 32 North America Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 33 North America Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 34 North America Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 35 North America Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 36 North America Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 37 North America Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 38 North America Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 39 North America Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 40 North America Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 41 North America Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 42 North America Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 43 North America Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 44 North America Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 45 North America Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 46 North America Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 47 North America Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 48 North America Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)
Table 49 Europe Multi-Factor Authentication Market Outlook, By Country (2021-2030) ($MN)
Table 50 Europe Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 51 Europe Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 52 Europe Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 53 Europe Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 54 Europe Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 55 Europe Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 56 Europe Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 57 Europe Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 58 Europe Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 59 Europe Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 60 Europe Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 61 Europe Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 62 Europe Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 63 Europe Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 64 Europe Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 65 Europe Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 66 Europe Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 67 Europe Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 68 Europe Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 69 Europe Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 70 Europe Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 71 Europe Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 72 Europe Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)
Table 73 Asia Pacific Multi-Factor Authentication Market Outlook, By Country (2021-2030) ($MN)
Table 74 Asia Pacific Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 75 Asia Pacific Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 76 Asia Pacific Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 77 Asia Pacific Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 78 Asia Pacific Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 79 Asia Pacific Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 80 Asia Pacific Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 81 Asia Pacific Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 82 Asia Pacific Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 83 Asia Pacific Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 84 Asia Pacific Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 85 Asia Pacific Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 86 Asia Pacific Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 87 Asia Pacific Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 88 Asia Pacific Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 89 Asia Pacific Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 90 Asia Pacific Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 91 Asia Pacific Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 92 Asia Pacific Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 93 Asia Pacific Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 94 Asia Pacific Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 95 Asia Pacific Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 96 Asia Pacific Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)
Table 97 South America Multi-Factor Authentication Market Outlook, By Country (2021-2030) ($MN)
Table 98 South America Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 99 South America Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 100 South America Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 101 South America Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 102 South America Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 103 South America Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 104 South America Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 105 South America Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 106 South America Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 107 South America Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 108 South America Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 109 South America Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 110 South America Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 111 South America Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 112 South America Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 113 South America Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 114 South America Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 115 South America Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 116 South America Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 117 South America Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 118 South America Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 119 South America Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 120 South America Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)
Table 121 Middle East & Africa Multi-Factor Authentication Market Outlook, By Country (2021-2030) ($MN)
Table 122 Middle East & Africa Multi-Factor Authentication Market Outlook, By Authentication Type (2021-2030) ($MN)
Table 123 Middle East & Africa Multi-Factor Authentication Market Outlook, By Passwordless Authentication (2021-2030) ($MN)
Table 124 Middle East & Africa Multi-Factor Authentication Market Outlook, By Password-Based Authentication (2021-2030) ($MN)
Table 125 Middle East & Africa Multi-Factor Authentication Market Outlook, By Model Type (2021-2030) ($MN)
Table 126 Middle East & Africa Multi-Factor Authentication Market Outlook, By Two Factor Authentication (2021-2030) ($MN)
Table 127 Middle East & Africa Multi-Factor Authentication Market Outlook, By Three Factor Authentication (2021-2030) ($MN)
Table 128 Middle East & Africa Multi-Factor Authentication Market Outlook, By Four Factor Authentication (2021-2030) ($MN)
Table 129 Middle East & Africa Multi-Factor Authentication Market Outlook, By Five-Factor Authentication (2021-2030) ($MN)
Table 130 Middle East & Africa Multi-Factor Authentication Market Outlook, By Other Model Types (2021-2030) ($MN)
Table 131 Middle East & Africa Multi-Factor Authentication Market Outlook, By Component (2021-2030) ($MN)
Table 132 Middle East & Africa Multi-Factor Authentication Market Outlook, By Hardware (2021-2030) ($MN)
Table 133 Middle East & Africa Multi-Factor Authentication Market Outlook, By Services (2021-2030) ($MN)
Table 134 Middle East & Africa Multi-Factor Authentication Market Outlook, By Software (2021-2030) ($MN)
Table 135 Middle East & Africa Multi-Factor Authentication Market Outlook, By End User (2021-2030) ($MN)
Table 136 Middle East & Africa Multi-Factor Authentication Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2021-2030) ($MN)
Table 137 Middle East & Africa Multi-Factor Authentication Market Outlook, By Government and Defense (2021-2030) ($MN)
Table 138 Middle East & Africa Multi-Factor Authentication Market Outlook, By Healthcare (2021-2030) ($MN)
Table 139 Middle East & Africa Multi-Factor Authentication Market Outlook, By IT and Telecommunications (2021-2030) ($MN)
Table 140 Middle East & Africa Multi-Factor Authentication Market Outlook, By Retail (2021-2030) ($MN)
Table 141 Middle East & Africa Multi-Factor Authentication Market Outlook, By Energy and Utilities (2021-2030) ($MN)
Table 142 Middle East & Africa Multi-Factor Authentication Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 143 Middle East & Africa Multi-Factor Authentication Market Outlook, By Education (2021-2030) ($MN)
Table 144 Middle East & Africa Multi-Factor Authentication Market Outlook, By Other End Users (2021-2030) ($MN)

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