Report Detail
Global Multi-Factor Authentication (MFA) Market Size, Status and Forecast 2019-2025
- RnM2840510 |
- 30 January, 2019 |
- Global |
- 103 Pages |
- QYResearch |
- Service & Software
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.
Banking, financial services and insurance (BFSI) segment contributed a largest market share during the forecast period owing to growing need for secure identification and verification techniques. By geography, North America commanded the largest market share due to plenty IT infrastructures and more financial institutions & companies in this region.
Multi-factor authentication (MFA) comes with different models such as two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. The two-factor authentication includes smart card with pin, smart card with biometric technology, biometric technology with pin, two biometric authentications, and one time password with pin. The three authentications include smart card with pin and biometric technology, smart card with two biometric technologies, pin with two biometric technologies, and three biometric authentications. On the other hand, four- and five-factor authentication includes the use of smart card and pin with more than one biometric technology such as face recognition, fingerprint recognition, voice recognition, and so on. MFA model using two factors is gaining popularityin the market; occupying almost 90.88% of its share as of 2017, followed by three-, four-, and five-factor authentication respectively.
MFA is popular due to the high degree of security and is much better than a single username and password combination. Different models of MFA have found various applications in verticals: BFSI, government, immigration & travel, commercial security, electronics and healthcare.
In 2018, the global Multi-Factor Authentication (MFA) market size was 6230 million US$ and it is expected to reach 26100 million US$ by the end of 2025, with a CAGR of 19.6% during 2019-2025.
This report focuses on the global Multi-Factor Authentication (MFA) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Multi-Factor Authentication (MFA) development in United States, Europe and China.
The key players covered in this study
Morpho (France)
Gemalto (Netherlands)
NEC (Japan)
Entrust Inc. (US)
CA Technologies (US)
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)
Market segment by Type, the product can be split into
Two-Factor Authentication
Three-Factor Authentication
Other (Four-Factor Authentication and Five-Factor Authentication)
Market segment by Application, split into
Banking and Finance
Government
Travel and Immigration
Military and Defense
Commercial Security
Consumer Electronics
Healthcare
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Multi-Factor Authentication (MFA) status, future forecast, growth opportunity, key market and key players.
To present the Multi-Factor Authentication (MFA) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Multi-Factor Authentication (MFA) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Multi-Factor Authentication (MFA) Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Two-Factor Authentication
- 1.4.3 Three-Factor Authentication
- 1.4.4 Other (Four-Factor Authentication and Five-Factor Authentication)
- 1.5 Market by Application
- 1.5.1 Global Multi-Factor Authentication (MFA) Market Share by Application (2014-2025)
- 1.5.2 Banking and Finance
- 1.5.3 Government
- 1.5.4 Travel and Immigration
- 1.5.5 Military and Defense
- 1.5.6 Commercial Security
- 1.5.7 Consumer Electronics
- 1.5.8 Healthcare
- 1.5.9 Other
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Multi-Factor Authentication (MFA) Market Size
- 2.2 Multi-Factor Authentication (MFA) Growth Trends by Regions
- 2.2.1 Multi-Factor Authentication (MFA) Market Size by Regions (2014-2025)
- 2.2.2 Multi-Factor Authentication (MFA) Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Multi-Factor Authentication (MFA) Market Size by Manufacturers
- 3.1.1 Global Multi-Factor Authentication (MFA) Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Multi-Factor Authentication (MFA) Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Multi-Factor Authentication (MFA) Market Concentration Ratio (CR5 and HHI)
- 3.2 Multi-Factor Authentication (MFA) Key Players Head office and Area Served
- 3.3 Key Players Multi-Factor Authentication (MFA) Product/Solution/Service
- 3.4 Date of Enter into Multi-Factor Authentication (MFA) Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Multi-Factor Authentication (MFA) Market Size by Type (2014-2019)
- 4.2 Global Multi-Factor Authentication (MFA) Market Size by Application (2014-2019)
5 United States
- 5.1 United States Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 5.2 Multi-Factor Authentication (MFA) Key Players in United States
- 5.3 United States Multi-Factor Authentication (MFA) Market Size by Type
- 5.4 United States Multi-Factor Authentication (MFA) Market Size by Application
6 Europe
- 6.1 Europe Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 6.2 Multi-Factor Authentication (MFA) Key Players in Europe
- 6.3 Europe Multi-Factor Authentication (MFA) Market Size by Type
- 6.4 Europe Multi-Factor Authentication (MFA) Market Size by Application
7 China
- 7.1 China Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 7.2 Multi-Factor Authentication (MFA) Key Players in China
- 7.3 China Multi-Factor Authentication (MFA) Market Size by Type
- 7.4 China Multi-Factor Authentication (MFA) Market Size by Application
8 Japan
- 8.1 Japan Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 8.2 Multi-Factor Authentication (MFA) Key Players in Japan
- 8.3 Japan Multi-Factor Authentication (MFA) Market Size by Type
- 8.4 Japan Multi-Factor Authentication (MFA) Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 9.2 Multi-Factor Authentication (MFA) Key Players in Southeast Asia
- 9.3 Southeast Asia Multi-Factor Authentication (MFA) Market Size by Type
- 9.4 Southeast Asia Multi-Factor Authentication (MFA) Market Size by Application
10 India
- 10.1 India Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 10.2 Multi-Factor Authentication (MFA) Key Players in India
- 10.3 India Multi-Factor Authentication (MFA) Market Size by Type
- 10.4 India Multi-Factor Authentication (MFA) Market Size by Application
11 Central & South America
- 11.1 Central & South America Multi-Factor Authentication (MFA) Market Size (2014-2019)
- 11.2 Multi-Factor Authentication (MFA) Key Players in Central & South America
- 11.3 Central & South America Multi-Factor Authentication (MFA) Market Size by Type
- 11.4 Central & South America Multi-Factor Authentication (MFA) Market Size by Application
12 International Players Profiles
- 12.1 Morpho (France)
- 12.1.1 Morpho (France) Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Multi-Factor Authentication (MFA) Introduction
- 12.1.4 Morpho (France) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.1.5 Morpho (France) Recent Development
- 12.2 Gemalto (Netherlands)
- 12.2.1 Gemalto (Netherlands) Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Multi-Factor Authentication (MFA) Introduction
- 12.2.4 Gemalto (Netherlands) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.2.5 Gemalto (Netherlands) Recent Development
- 12.3 NEC (Japan)
- 12.3.1 NEC (Japan) Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Multi-Factor Authentication (MFA) Introduction
- 12.3.4 NEC (Japan) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.3.5 NEC (Japan) Recent Development
- 12.4 Entrust Inc. (US)
- 12.4.1 Entrust Inc. (US) Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Multi-Factor Authentication (MFA) Introduction
- 12.4.4 Entrust Inc. (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.4.5 Entrust Inc. (US) Recent Development
- 12.5 CA Technologies (US)
- 12.5.1 CA Technologies (US) Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Multi-Factor Authentication (MFA) Introduction
- 12.5.4 CA Technologies (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.5.5 CA Technologies (US) Recent Development
- 12.6 Fujitsu (Japan)
- 12.6.1 Fujitsu (Japan) Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Multi-Factor Authentication (MFA) Introduction
- 12.6.4 Fujitsu (Japan) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.6.5 Fujitsu (Japan) Recent Development
- 12.7 VASCO Data Security (US)
- 12.7.1 VASCO Data Security (US) Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Multi-Factor Authentication (MFA) Introduction
- 12.7.4 VASCO Data Security (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.7.5 VASCO Data Security (US) Recent Development
- 12.8 HID Global (US)
- 12.8.1 HID Global (US) Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Multi-Factor Authentication (MFA) Introduction
- 12.8.4 HID Global (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.8.5 HID Global (US) Recent Development
- 12.9 RSA Security (US)
- 12.9.1 RSA Security (US) Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Multi-Factor Authentication (MFA) Introduction
- 12.9.4 RSA Security (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.9.5 RSA Security (US) Recent Development
- 12.10 Symantec Corporation (US)
- 12.10.1 Symantec Corporation (US) Company Details
- 12.10.2 Company Description and Business Overview
- 12.10.3 Multi-Factor Authentication (MFA) Introduction
- 12.10.4 Symantec Corporation (US) Revenue in Multi-Factor Authentication (MFA) Business (2014-2019)
- 12.10.5 Symantec Corporation (US) Recent Development
- 12.11 SecurEnvoy ltd (England)
- 12.12 Crossmatch (US)
- 12.13 Duo Secuirty (US)
- 12.14 Deepnet Security (England)
- 12.15 CensorNet Ltd. (England)
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Multi-Factor Authentication (MFA) . Industry analysis & Market Report on Multi-Factor Authentication (MFA) is a syndicated market report, published as Global Multi-Factor Authentication (MFA) Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Multi-Factor Authentication (MFA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
