Multi-Factor Authentication Market Size and Forecast (2021-2031)

Multi-Factor Authentication Market Size and Forecast (2021-2031)

Multi-Factor Authentication Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Hardware, Software, and Services), Authentication Type (Password-based Authentication and Passwordless Authentication), Model Type (Two-factor Authentication, Three-factor Authentication, Four-factor Authentication, and Five-factor Authentication), and End User (IT & Telecom, BFSI, Education, Government, Healthcare, and Others) and Geography

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Description

The multi-factor authentication market size is expected US$ 14.44 billion in 2023 and is projected to reach US$ 55.04 billion by 2031; it is estimated to record a CAGR of 18.2% from 2023 to 2031.

The scope of the multi-factor authentication market report covers North America, Europe, Asia Pacific, Middle East and Africa, South and Central America. Asia Pacific is expected to witness a significant growth in market. The Asia Pacific multi-factor authentication market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In terms of revenue, China dominated the APAC multi-factor authentication market share followed by Japan and South Korea.

The COVID-19 pandemic accelerated digitalization and digital service delivery across the world, as well as in China. The pandemic highlighted the suitability of different work models for businesses, thereby adding to their popularity. The digital model has become increasingly popular among customers and businesses of all sizes. This sudden rise in digital activity led to a huge growth in Internet traffic in China, generating an unprecedented demand for multi-factor authentication to tackle security risks. Moreover, the rapid adoption of collaboration and network security tools during the pandemic resulted in the increased use of multi-factor authentication (MFA) to ensure protected access to resources. In China, the number of cyberattacks and their severity has surged in recent years. According to AAG, the country recorded 14.15 million account breaches from the Q2 to the Q3 of 2022. Such breaches underline the necessity of multi-factor authentication solutions in China.

Japan has been a major target for cybercriminals. According to AAG, the country experienced a 40% increase in cyber-attacks in May 2021 compared to previous months that year. Further, it reported 1.24 million account breaches in the Q2 and Q3 of 2022. According to VPNNippon, nearly 42% of internet users in Japan have experienced at least one form of cybercrime. Furthermore, Japanese police recorded 887 cases of suspected cybercrimes related to COVID-19 in 2020. As per the National Police Agency, the count of cybercrime cases uncovered by the Japanese police reached 12,369 in 2022. The agency further stated that the number of ransomware attacks aimed at businesses soared 57.5% to 230 cases in 2022 from 2021 across 37 of Japan’s 47 prefectures, which can be associated with the increase in people working remotely due to the COVID-19 pandemic

Based on authentication type, the multi-factor authentication market is bifurcated into password-based authentication and password less authentication. The password-based authentication segment is estimated to hold largest multi-factor authentication market share by 2031. Password authentication continues to play a crucial role in the multi-factor authentication market as one of the primary factors for user identity verification. While MFA solutions often incorporate additional factors such as biometrics, SMS codes, or hardware tokens, passwords remain a fundamental component due to their familiarity and ease of implementation across various systems and platforms. Additionally, password-based authentication can be augmented with other factors to enhance security and provide a layered defense against unauthorized access. As the MFA market evolves, there is a growing emphasis on combining multiple authentication factors seamlessly to balance security and user experience.

Microsoft; Thales.; Okta; OneSpan; HID Global Corporation; Cisco Systems, Inc.; Ping Identity.; RSA Security; CyberArk Software Ltd. are among the key players profiled in the multi-factor authentication market report. The multi-factor authentication market report also provides detailed market insights, which help the key players strategize their growth. The multi-factor authentication market forecast can help stakeholders in this marketplace plan their growth strategies.

The overall multi-factor authentication market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the multi-factor authentication market analysis. The report includes growth prospects in light of current multi-factor authentication market trends and driving factors influencing the market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the multi-factor authentication market.

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According to the new research report on ” Multi-Factor Authentication Market Size and Forecasts (2021 – 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis,” published by the Research Team, the multi-factor authentication market size is expected to reach US$ 55.04 billion by 2031 and register a CAGR of 18.2% from 2023 to 2031.

The scope of the multi-factor authentication market report covers North America, Europe, Asia Pacific, Middle East and Africa, South and Central America. The Europe multi-factor authentication market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In terms of revenue, UK dominated the multi-factor authentication market share. Stringent European government regulations to protect consumer data and the increasing number of cyberattacks across European countries are a few of the factors driving the multi-factor authentication market in Europe. Stringent government regulations mandate businesses and organizations of all sizes to ensure data privacy and security. The General Data Protection Regulation (GDPR), the Revised Payment Services Directive (PSD2), the Network and Information Security (NIS) Directive, the eIDAS Regulation, European Banking Authority (EBA) Guidelines on Security Measures for Operational and Security Risks are a few of the European regulations that emphasize the importance of implementing strong authentication solutions to protect personal data, secure electronic transactions, and enhance overall cybersecurity within the EU. Moreover, EU Login, which is the European Commission’s user authentication service, also uses multi-factor authentication. Such stringent regulations by governments of various countries in Europe fuel the multi-factor authentication market growth in the region.

Key Findings of Study:

Based on end user, the multi-factor authentication market is segmented into IT & telecom, BFSI, government, education, healthcare, and others. The IT & telecom segment held the largest multi-factor authentication market share in 2023. The IT & telecom segment is expected to record the highest CAGR in the multi-factor authentication market during the forecast period. The IT & telecom sector is highly exposed to cyberattacks and fraudulent activities. The multi-factor authentication solution is necessary for the IT & telecom sector to keep the user information secure. With the rising adoption of advanced technologies and smartphones, customers are relying on their hi-tech mobile phones for numerous activities. Therefore, the adoption of multi-factor authentication solutions is increasing to manage these activities efficiently and secure the system and data to enhance customer engagement.

Multi-factor authentication for banks and financial institutions provides an extra layer of security, which ensures that only the right people have access to valuable assets and information. In addition, the number of cyberattacks is rising year on year. For instance, according to Miniorange, a multi-factor authentication solution provider, it is estimated that the cost of cyberattacks in the banking sector has increased dramatically, reaching US$ 16.7 million (15.4 million euros) per firm yearly. Thus, to ensure extra security in the BFSI sector, multi-factor authentication is considered crucial. All these factors are expected to contribute to the market growth during the forecast period.

Microsoft; Thales.; Okta; OneSpan; HID Global Corporation; Cisco Systems, Inc.; Ping Identity.; RSA Security; CyberArk Software Ltd. are among the key players profiled in the multi-factor authentication market report. Several other major players were studied and analyzed during the multi-factor authentication market analysis to get a holistic view of the market and its ecosystem. The multi-factor authentication market also provides detailed market insights, which help the key players strategize their growth.

The report includes growth prospects owing to the current multi-factor authentication market trends and their foreseeable impact during the forecast period. The report includes multi-factor authentication market forecast by deployment type, enterprise size, application and geography from 2023 to 2031.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global multi-factor authentication market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations, such as specific country and segmental insight, highlight crucial progressive industry trends in the global multi-factor authentication market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Multi-Factor Authentication Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Hardware and Software Providers:
4.3.2 Regulatory Compliance and Certification Bodies:
4.3.3 Service Providers and System Integrators:
4.3.4 End-Users:
4.3.5 List of Vendors in the Value Chain
5. Multi-Factor Authentication Market – Key Market Dynamics
5.1 Multi-Factor Authentication Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Number of Cyberattacks
5.2.2 Rising Adoption of BYOD Trend
5.2.3 Stringent Government Regulations
5.3 Market Restraints
5.3.1 High Initial Cost
5.4 Market Opportunities
5.4.1 Rising Adoption of AI-based MFA
5.4.2 Increasing Volume of Online Transactions
5.5 Trends
5.5.1 Emergence of Risk-based Authentication
5.6 Impact of Drivers and Restraints:
6. Multi-Factor Authentication Market – Global Market Analysis
6.1 Multi-Factor Authentication Market Revenue (US$ Million), 2023–2031
6.2 Multi-Factor Authentication Market Forecast Analysis
7. Multi-Factor Authentication Market Analysis – by Component
7.1 Software
7.1.1 Overview
7.1.2 Software: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Hardware
7.2.1 Overview
7.2.2 Hardware: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
8. Multi-Factor Authentication Market Analysis – by Authentication Type
8.1 Password-based Authentication
8.1.1 Overview
8.1.2 Password-based Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Passwordless Authentication
8.2.1 Overview
8.2.2 Passwordless Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
9. Multi-Factor Authentication Market Analysis – by Model Type
9.1 Two-factor Authentication
9.1.1 Overview
9.1.2 Two-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Three-factor Authentication
9.2.1 Overview
9.2.2 Three-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Four-factor Authentication
9.3.1 Overview
9.3.2 Four-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Five-factor Authentication
9.4.1 Overview
9.4.2 Five-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10. Multi-Factor Authentication Market Analysis – by End User
10.1 IT and Telecom
10.1.1 Overview
10.1.2 IT and Telecom: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
10.2.1 Overview
10.2.2 BFSI: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Education
10.3.1 Overview
10.3.2 Education: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Government
10.4.1 Overview
10.4.2 Government: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10.5 Healthcare
10.5.1 Overview
10.5.2 Healthcare: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11. Multi-Factor Authentication Market – Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America Multi-Factor Authentication Market Overview
11.2.2 North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3 North America: Multi-Factor Authentication Market Breakdown, by Component
11.2.3.1 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Component
11.2.4 North America: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.2.4.1 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Authentication Type
11.2.5 North America: Multi-Factor Authentication Market Breakdown, by Model Type
11.2.5.1 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Model Type
11.2.6 North America: Multi-Factor Authentication Market Breakdown, by End User
11.2.6.1 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by End User
11.2.7 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.2.7.1 North America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.2.7.2 United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.2.1 United States: Multi-Factor Authentication Market Breakdown, by Component
11.2.7.2.2 United States: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.2.7.2.3 United States: Multi-Factor Authentication Market Breakdown, by Model Type
11.2.7.2.4 United States: Multi-Factor Authentication Market Breakdown, by End User
11.2.7.3 Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.3.1 Canada: Multi-Factor Authentication Market Breakdown, by Component
11.2.7.3.2 Canada: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.2.7.3.3 Canada: Multi-Factor Authentication Market Breakdown, by Model Type
11.2.7.3.4 Canada: Multi-Factor Authentication Market Breakdown, by End User
11.2.7.4 Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.4.1 Mexico: Multi-Factor Authentication Market Breakdown, by Component
11.2.7.4.2 Mexico: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.2.7.4.3 Mexico: Multi-Factor Authentication Market Breakdown, by Model Type
11.2.7.4.4 Mexico: Multi-Factor Authentication Market Breakdown, by End User
11.3 Europe
11.3.1 Europe Multi-Factor Authentication Market Overview
11.3.2 Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3 Europe: Multi-Factor Authentication Market Breakdown, by Component
11.3.3.1 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Component
11.3.4 Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.4.1 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Authentication Type
11.3.5 Europe: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.5.1 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Model Type
11.3.6 Europe: Multi-Factor Authentication Market Breakdown, by End User
11.3.6.1 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by End User
11.3.7 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.3.7.1 Europe: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.3.7.2 United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.2.1 United Kingdom: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.2.2 United Kingdom: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.2.3 United Kingdom: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.2.4 United Kingdom: Multi-Factor Authentication Market Breakdown, by End User
11.3.7.3 Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.3.1 Germany: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.3.2 Germany: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.3.3 Germany: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.3.4 Germany: Multi-Factor Authentication Market Breakdown, by End User
11.3.7.4 France: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.4.1 France: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.4.2 France: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.4.3 France: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.4.4 France: Multi-Factor Authentication Market Breakdown, by End User
11.3.7.5 Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.5.1 Italy: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.5.2 Italy: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.5.3 Italy: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.5.4 Italy: Multi-Factor Authentication Market Breakdown, by End User
11.3.7.6 Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.6.1 Russia: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.6.2 Russia: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.6.3 Russia: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.6.4 Russia: Multi-Factor Authentication Market Breakdown, by End User
11.3.7.7 Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.7.1 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Component
11.3.7.7.2 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.3.7.7.3 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Model Type
11.3.7.7.4 Rest of Europe: Multi-Factor Authentication Market Breakdown, by End User
11.4 Asia Pacific
11.4.1 Asia Pacific Multi-Factor Authentication Market Overview
11.4.2 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
11.4.3.1 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Component
11.4.4 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.4.1 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Authentication Type
11.4.5 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.5.1 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Model Type
11.4.6 Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
11.4.6.1 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by End User
11.4.7 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.4.7.1 Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.4.7.2 China: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.2.1 China: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.2.2 China: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.2.3 China: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.2.4 China: Multi-Factor Authentication Market Breakdown, by End User
11.4.7.3 Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.3.1 Japan: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.3.2 Japan: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.3.3 Japan: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.3.4 Japan: Multi-Factor Authentication Market Breakdown, by End User
11.4.7.4 South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.4.1 South Korea: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.4.2 South Korea: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.4.3 South Korea: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.4.4 South Korea: Multi-Factor Authentication Market Breakdown, by End User
11.4.7.5 India: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.5.1 India: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.5.2 India: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.5.3 India: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.5.4 India: Multi-Factor Authentication Market Breakdown, by End User
11.4.7.6 Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.6.1 Australia: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.6.2 Australia: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.6.3 Australia: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.6.4 Australia: Multi-Factor Authentication Market Breakdown, by End User
11.4.7.7 Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.7.1 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
11.4.7.7.2 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.4.7.7.3 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
11.4.7.7.4 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
11.5 Middle East and Africa
11.5.1 Middle East and Africa Multi-Factor Authentication Market Overview
11.5.2 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
11.5.3.1 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Component
11.5.4 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.5.4.1 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Authentication Type
11.5.5 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
11.5.5.1 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Model Type
11.5.6 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
11.5.6.1 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by End User
11.5.7 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.5.7.1 Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.5.7.2 United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.2.1 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Component
11.5.7.2.2 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.5.7.2.3 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Model Type
11.5.7.2.4 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by End User
11.5.7.3 Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.3.1 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Component
11.5.7.3.2 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.5.7.3.3 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Model Type
11.5.7.3.4 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by End User
11.5.7.4 South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.4.1 South Africa: Multi-Factor Authentication Market Breakdown, by Component
11.5.7.4.2 South Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.5.7.4.3 South Africa: Multi-Factor Authentication Market Breakdown, by Model Type
11.5.7.4.4 South Africa: Multi-Factor Authentication Market Breakdown, by End User
11.5.7.5 Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.5.1 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
11.5.7.5.2 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.5.7.5.3 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
11.5.7.5.4 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
11.6 South and Central America
11.6.1 South and Central America Multi-Factor Authentication Market Overview
11.6.2 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.6.3 South and Central America: Multi-Factor Authentication Market Breakdown, by Component
11.6.3.1 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Component
11.6.4 South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.6.4.1 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Authentication Type
11.6.5 South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
11.6.5.1 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Model Type
11.6.6 South and Central America: Multi-Factor Authentication Market Breakdown, by End User
11.6.6.1 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by End User
11.6.7 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.6.7.1 South and Central America: Multi-Factor Authentication Market – Revenue and Forecast Analysis – by Country
11.6.7.2 Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.2.1 Brazil: Multi-Factor Authentication Market Breakdown, by Component
11.6.7.2.2 Brazil: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.6.7.2.3 Brazil: Multi-Factor Authentication Market Breakdown, by Model Type
11.6.7.2.4 Brazil: Multi-Factor Authentication Market Breakdown, by End User
11.6.7.3 Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.3.1 Argentina: Multi-Factor Authentication Market Breakdown, by Component
11.6.7.3.2 Argentina: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.6.7.3.3 Argentina: Multi-Factor Authentication Market Breakdown, by Model Type
11.6.7.3.4 Argentina: Multi-Factor Authentication Market Breakdown, by End User
11.6.7.4 Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.4.1 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Component
11.6.7.4.2 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
11.6.7.4.3 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
11.6.7.4.4 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by End User
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 OneSpan Inc
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Entrust Corp
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 CyberArk Software Ltd.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 RSA Security LLC
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Microsoft Corp
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Ping Identity
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Thales SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 HID Global Corp
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Cisco Systems Inc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Okta Inc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
15.2 About the Research Team

LIST OF TABLES

Table 1. Multi-Factor Authentication Market Segmentation
Table 2. List of Vendors
Table 3. Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 5. Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million) – by Authentication Type
Table 6. Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million) – by Model Type
Table 7. Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 8. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 9. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 10. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 11. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 12. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 13. United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 14. United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 15. United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 16. United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 17. Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 18. Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 19. Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 20. Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 21. Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 22. Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 23. Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 24. Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 25. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 26. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 27. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 28. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 29. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 30. United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 31. United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 32. United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 33. United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 34. Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 35. Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 36. Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 37. Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 38. France: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 39. France: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 40. France: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 41. France: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 42. Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 43. Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 44. Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 45. Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 46. Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 47. Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 48. Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 49. Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 50. Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 51. Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 52. Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 53. Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 54. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 55. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 56. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 57. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 58. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 59. China: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 60. China: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 61. China: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 62. China: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 63. Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 64. Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 65. Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 66. Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 67. South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 68. South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 69. South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 70. South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 71. India: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 72. India: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 73. India: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 74. India: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 75. Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 76. Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 77. Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 78. Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 79. Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 80. Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 81. Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 82. Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 83. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 84. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 85. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 86. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 87. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 88. United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 89. United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 90. United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 91. United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 92. Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 93. Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 94. Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 95. Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 96. South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 97. South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 98. South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 99. South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 100. Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 101. Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 102. Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 103. Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 104. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 105. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 106. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 107. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 108. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 109. Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 110. Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 111. Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 112. Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 113. Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 114. Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 115. Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 116. Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 117. Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 118. Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Authentication Type
Table 119. Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by Model Type
Table 120. Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 121. Company Positioning & Concentration
Table 122. List of Abbreviation

LIST OF FIGURES

Figure 1. Multi-Factor Authentication Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Multi-Factor Authentication Market Revenue (US$ Million), 2023–2031
Figure 5. Multi-Factor Authentication Market Share (%) – by Component (2023 and 2031)
Figure 6. Software: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Hardware: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Services: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Multi-Factor Authentication Market Share (%) – by Authentication Type (2023 and 2031)
Figure 10. Password-based Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Passwordless Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Multi-Factor Authentication Market Share (%) – by Model Type (2023 and 2031)
Figure 13. Two-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Three-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Four-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Five-factor Authentication: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Multi-Factor Authentication Market Share (%) – by End User (2023 and 2031)
Figure 18. IT and Telecom: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. BFSI: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Education: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Government: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Healthcare: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Others: Multi-Factor Authentication Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Multi-Factor Authentication Market Breakdown by Region, 2023 and 2031 (%)
Figure 25. North America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 26. North America: Multi-Factor Authentication Market Breakdown, by Component (2023 and 2031)
Figure 27. North America: Multi-Factor Authentication Market Breakdown, by Authentication Type (2023 and 2031)
Figure 28. North America: Multi-Factor Authentication Market Breakdown, by Model Type (2023 and 2031)
Figure 29. North America: Multi-Factor Authentication Market Breakdown, by End User (2023 and 2031)
Figure 30. North America: Multi-Factor Authentication Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 31. United States: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Canada: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Mexico: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 35. Europe: Multi-Factor Authentication Market Breakdown, by Component (2023 and 2031)
Figure 36. Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type (2023 and 2031)
Figure 37. Europe: Multi-Factor Authentication Market Breakdown, by Model Type (2023 and 2031)
Figure 38. Europe: Multi-Factor Authentication Market Breakdown, by End User (2023 and 2031)
Figure 39. Europe: Multi-Factor Authentication Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 40. United Kingdom: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Germany: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. France: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. Italy: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Russia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. Rest of Europe: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component (2023 and 2031)
Figure 48. Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type (2023 and 2031)
Figure 49. Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type (2023 and 2031)
Figure 50. Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User (2023 and 2031)
Figure 51. Asia Pacific: Multi-Factor Authentication Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 52. China: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. Japan: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. South Korea: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. India: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Australia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Rest of Asia Pacific: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 58. Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 59. Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component (2023 and 2031)
Figure 60. Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type (2023 and 2031)
Figure 61. Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type (2023 and 2031)
Figure 62. Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User (2023 and 2031)
Figure 63. Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 64. United Arab Emirates: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. Saudi Arabia: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 66. South Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. Rest of Middle East and Africa: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 68. South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 69. South and Central America: Multi-Factor Authentication Market Breakdown, by Component (2023 and 2031)
Figure 70. South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type (2023 and 2031)
Figure 71. South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type (2023 and 2031)
Figure 72. South and Central America: Multi-Factor Authentication Market Breakdown, by End User (2023 and 2031)
Figure 73. South and Central America: Multi-Factor Authentication Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 74. Brazil: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 75. Argentina: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 76. Rest of South and Central America: Multi-Factor Authentication Market – Revenue and Forecast to 2031(US$ Million)
Figure 77. Heat Map Analysis by Key Players

The List of Companies – Multi-factor Authentication Market
o OneSpan
o Entrust Corporation
o CyberArk Software Ltd.
o RSA Security
o HID Global Corporation
o Cisco Systems, Inc.
o Ping Identity.
o Microsoft
o Thales.
o Okta

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