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Service & Software Global Passwordless Multi-Factor Authentication (MFA) Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application

  • RnM4378344
    • |
  • 31 January, 2022
    • |
  • Global
    • |
  • 122 Pages
    • |
  • QYResearch
    • |
  • Service & Software

Summary:
Passwordless Authentication is an authentication method that allows a user to gain access to an application or IT system without entering a password or answering security questions. Instead, the user provides some other form of evidence such as a fingerprint, proximity badge, or hardware token code. Passwordless Authentication is often used in conjunction with Multi-Factor Authentication (MFA) and Single Sign-On solutions to improve the user experience, strengthen security, and reduce IT operations expense and complexity.
Market Insights
The research report studies the Passwordless Multi-Factor Authentication (MFA) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Passwordless Multi-Factor Authentication (MFA) market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.
The global main companies of Passwordless Multi-Factor Authentication (MFA) include Microsoft, One Identity, HYPR, CyberArk, Duo Security (Cisco), Double Octopus, Trusona, Acceptto and Beyond Identity, etc. In 2021, the global six largest players have a share approximately % in terms of revenue.
The North America Passwordless Multi-Factor Authentication (MFA) market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the China is % in 2021 and it is predicted that the share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Passwordless Multi-Factor Authentication (MFA) landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Cloud Based accounting for % of the Passwordless Multi-Factor Authentication (MFA) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While SMEs segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
Segment Scope
An intensive study of key type and application segments has been done in this segmentation section. The authors of the report have provided reliable figures including revenue forecast data by type and application for the period 2017-2028. They have also studied how the segments are gaining or losing growth in various geographies and their respective countries. Thanks to this study, readers can thoroughly grasp the growth pattern and potential of different segments.
Segment by Type
Cloud Based
On-premises
Segment by Application
SMEs
Large Enterprises
Regional Scope
This segment of the report offers a thorough regional study of the global Passwordless Multi-Factor Authentication (MFA) market. Drivers and restraints for each region are broadly examined in the report. Readers will get familiar with the driving forces and challenges that are specific to the regions. The specialists have identified growth opportunities in key geographical regions and their respective countries to aid players to reinforce their presence. All the regions and their countries in the report are assessed based on the growth rate and revenue according to the consumption for the period 2017-2028. This geographical analysis will help readers to gain in-depth knowledge of the regional growth. The key geographical regions surveyed in this research report involve North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. The report has specifically covered major countries including United States, Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
Key Players
This section has provided an exhaustive analysis of the strategies that the companies are focusing on to stay ahead of other players. The strategies mainly involve research and development, new product developments, and mergers and acquisitions. The researchers have also provided revenue shares of the key companies, company overview, and the latest company developments so as to help players to sustain the cutthroat competition. In this section, the report offers global revenue data of manufacturers for the period 2017-2022. Following is the list of key manufacturers observed in this research study:
Microsoft
One Identity
HYPR
CyberArk
Duo Security (Cisco)
Double Octopus
Trusona
Acceptto
Beyond Identity
IDEE
Ivanti
Keyless
Okta
Ping Identity
Swoop
Magic
Yubico
OneSpan
Veridium
Thales
HID Global
AuthenTrend
Ensurity Technologies
Authentiq
1Kosmos
cidaas
Identite
Privakey
Entrust
TraitWare
Frequently Asked Questions
Which application segment captured the leading share in the Passwordless Multi-Factor Authentication (MFA) market?
How fragmented is the Passwordless Multi-Factor Authentication (MFA) market?
Which are the key growth drivers in the Passwordless Multi-Factor Authentication (MFA) market?
Which are the top strategies undertaken by the Passwordless Multi-Factor Authentication (MFA) market players?
Which technological trends are likely to affect the Passwordless Multi-Factor Authentication (MFA) market?
What is the expected Passwordless Multi-Factor Authentication (MFA) market size by 2028?
Which companies are dominating the Passwordless Multi-Factor Authentication (MFA) market?
Which region is projected to witness the fastest growth in the future?
What factors are restraining the Passwordless Multi-Factor Authentication (MFA) market growth?
Which are the emerging companies in the Passwordless Multi-Factor Authentication (MFA) market?


Table of Contents

    1 Market Overview of Passwordless Multi-Factor Authentication (MFA)

    • 1.1 Passwordless Multi-Factor Authentication (MFA) Market Overview
      • 1.1.1 Passwordless Multi-Factor Authentication (MFA) Product Scope
      • 1.1.2 Passwordless Multi-Factor Authentication (MFA) Market Status and Outlook
    • 1.2 Global Passwordless Multi-Factor Authentication (MFA) Market Size Overview by Region 2017 VS 2021 VS 2028
    • 1.3 Global Passwordless Multi-Factor Authentication (MFA) Market Size by Region (2017-2028)
    • 1.4 Global Passwordless Multi-Factor Authentication (MFA) Historic Market Size by Region (2017-2022)
    • 1.5 Global Passwordless Multi-Factor Authentication (MFA) Market Size Forecast by Region (2023-2028)
    • 1.6 Key Regions, Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)
      • 1.6.1 North America Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)
      • 1.6.2 Europe Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)
      • 1.6.3 Asia-Pacific Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)
      • 1.6.4 Latin America Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)
      • 1.6.5 Middle East & Africa Passwordless Multi-Factor Authentication (MFA) Market Size (2017-2028)

    2 Passwordless Multi-Factor Authentication (MFA) Market Overview by Type

    • 2.1 Global Passwordless Multi-Factor Authentication (MFA) Market Size by Type: 2017 VS 2021 VS 2028
    • 2.2 Global Passwordless Multi-Factor Authentication (MFA) Historic Market Size by Type (2017-2022)
    • 2.3 Global Passwordless Multi-Factor Authentication (MFA) Forecasted Market Size by Type (2023-2028)
    • 2.4 Cloud Based
    • 2.5 On-premises

    3 Passwordless Multi-Factor Authentication (MFA) Market Overview by Application

    • 3.1 Global Passwordless Multi-Factor Authentication (MFA) Market Size by Application: 2017 VS 2021 VS 2028
    • 3.2 Global Passwordless Multi-Factor Authentication (MFA) Historic Market Size by Application (2017-2022)
    • 3.3 Global Passwordless Multi-Factor Authentication (MFA) Forecasted Market Size by Application (2023-2028)
    • 3.4 SMEs
    • 3.5 Large Enterprises

    4 Passwordless Multi-Factor Authentication (MFA) Competition Analysis by Players

    • 4.1 Global Passwordless Multi-Factor Authentication (MFA) Market Size by Players (2017-2022)
    • 4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Passwordless Multi-Factor Authentication (MFA) as of 2021)
    • 4.3 Date of Key Players Enter into Passwordless Multi-Factor Authentication (MFA) Market
    • 4.4 Global Top Players Passwordless Multi-Factor Authentication (MFA) Headquarters and Area Served
    • 4.5 Key Players Passwordless Multi-Factor Authentication (MFA) Product Solution and Service
    • 4.6 Competitive Status
      • 4.6.1 Passwordless Multi-Factor Authentication (MFA) Market Concentration Rate
      • 4.6.2 Mergers & Acquisitions, Expansion Plans

    5 Company (Top Players) Profiles and Key Data

    • 5.1 Microsoft
      • 5.1.1 Microsoft Profile
      • 5.1.2 Microsoft Main Business
      • 5.1.3 Microsoft Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.1.4 Microsoft Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.1.5 Microsoft Recent Developments
    • 5.2 One Identity
      • 5.2.1 One Identity Profile
      • 5.2.2 One Identity Main Business
      • 5.2.3 One Identity Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.2.4 One Identity Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.2.5 One Identity Recent Developments
    • 5.3 HYPR
      • 5.3.1 HYPR Profile
      • 5.3.2 HYPR Main Business
      • 5.3.3 HYPR Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.3.4 HYPR Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.3.5 CyberArk Recent Developments
    • 5.4 CyberArk
      • 5.4.1 CyberArk Profile
      • 5.4.2 CyberArk Main Business
      • 5.4.3 CyberArk Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.4.4 CyberArk Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.4.5 CyberArk Recent Developments
    • 5.5 Duo Security (Cisco)
      • 5.5.1 Duo Security (Cisco) Profile
      • 5.5.2 Duo Security (Cisco) Main Business
      • 5.5.3 Duo Security (Cisco) Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.5.4 Duo Security (Cisco) Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.5.5 Duo Security (Cisco) Recent Developments
    • 5.6 Double Octopus
      • 5.6.1 Double Octopus Profile
      • 5.6.2 Double Octopus Main Business
      • 5.6.3 Double Octopus Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.6.4 Double Octopus Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.6.5 Double Octopus Recent Developments
    • 5.7 Trusona
      • 5.7.1 Trusona Profile
      • 5.7.2 Trusona Main Business
      • 5.7.3 Trusona Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.7.4 Trusona Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.7.5 Trusona Recent Developments
    • 5.8 Acceptto
      • 5.8.1 Acceptto Profile
      • 5.8.2 Acceptto Main Business
      • 5.8.3 Acceptto Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.8.4 Acceptto Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.8.5 Acceptto Recent Developments
    • 5.9 Beyond Identity
      • 5.9.1 Beyond Identity Profile
      • 5.9.2 Beyond Identity Main Business
      • 5.9.3 Beyond Identity Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.9.4 Beyond Identity Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.9.5 Beyond Identity Recent Developments
    • 5.10 IDEE
      • 5.10.1 IDEE Profile
      • 5.10.2 IDEE Main Business
      • 5.10.3 IDEE Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.10.4 IDEE Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.10.5 IDEE Recent Developments
    • 5.11 Ivanti
      • 5.11.1 Ivanti Profile
      • 5.11.2 Ivanti Main Business
      • 5.11.3 Ivanti Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.11.4 Ivanti Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.11.5 Ivanti Recent Developments
    • 5.12 Keyless
      • 5.12.1 Keyless Profile
      • 5.12.2 Keyless Main Business
      • 5.12.3 Keyless Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.12.4 Keyless Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.12.5 Keyless Recent Developments
    • 5.13 Okta
      • 5.13.1 Okta Profile
      • 5.13.2 Okta Main Business
      • 5.13.3 Okta Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.13.4 Okta Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.13.5 Okta Recent Developments
    • 5.14 Ping Identity
      • 5.14.1 Ping Identity Profile
      • 5.14.2 Ping Identity Main Business
      • 5.14.3 Ping Identity Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.14.4 Ping Identity Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.14.5 Ping Identity Recent Developments
    • 5.15 Swoop
      • 5.15.1 Swoop Profile
      • 5.15.2 Swoop Main Business
      • 5.15.3 Swoop Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.15.4 Swoop Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.15.5 Swoop Recent Developments
    • 5.16 Magic
      • 5.16.1 Magic Profile
      • 5.16.2 Magic Main Business
      • 5.16.3 Magic Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.16.4 Magic Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.16.5 Magic Recent Developments
    • 5.17 Yubico
      • 5.17.1 Yubico Profile
      • 5.17.2 Yubico Main Business
      • 5.17.3 Yubico Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.17.4 Yubico Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.17.5 Yubico Recent Developments
    • 5.18 OneSpan
      • 5.18.1 OneSpan Profile
      • 5.18.2 OneSpan Main Business
      • 5.18.3 OneSpan Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.18.4 OneSpan Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.18.5 OneSpan Recent Developments
    • 5.19 Veridium
      • 5.19.1 Veridium Profile
      • 5.19.2 Veridium Main Business
      • 5.19.3 Veridium Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.19.4 Veridium Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.19.5 Veridium Recent Developments
    • 5.20 Thales
      • 5.20.1 Thales Profile
      • 5.20.2 Thales Main Business
      • 5.20.3 Thales Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.20.4 Thales Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.20.5 Thales Recent Developments
    • 5.21 HID Global
      • 5.21.1 HID Global Profile
      • 5.21.2 HID Global Main Business
      • 5.21.3 HID Global Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.21.4 HID Global Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.21.5 HID Global Recent Developments
    • 5.22 AuthenTrend
      • 5.22.1 AuthenTrend Profile
      • 5.22.2 AuthenTrend Main Business
      • 5.22.3 AuthenTrend Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.22.4 AuthenTrend Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.22.5 AuthenTrend Recent Developments
    • 5.23 Ensurity Technologies
      • 5.23.1 Ensurity Technologies Profile
      • 5.23.2 Ensurity Technologies Main Business
      • 5.23.3 Ensurity Technologies Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.23.4 Ensurity Technologies Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.23.5 Ensurity Technologies Recent Developments
    • 5.24 Authentiq
      • 5.24.1 Authentiq Profile
      • 5.24.2 Authentiq Main Business
      • 5.24.3 Authentiq Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.24.4 Authentiq Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.24.5 Authentiq Recent Developments
    • 5.25 1Kosmos
      • 5.25.1 1Kosmos Profile
      • 5.25.2 1Kosmos Main Business
      • 5.25.3 1Kosmos Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.25.4 1Kosmos Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.25.5 1Kosmos Recent Developments
    • 5.26 cidaas
      • 5.26.1 cidaas Profile
      • 5.26.2 cidaas Main Business
      • 5.26.3 cidaas Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.26.4 cidaas Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.26.5 cidaas Recent Developments
    • 5.27 Identite
      • 5.27.1 Identite Profile
      • 5.27.2 Identite Main Business
      • 5.27.3 Identite Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.27.4 Identite Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.27.5 Identite Recent Developments
    • 5.28 Privakey
      • 5.28.1 Privakey Profile
      • 5.28.2 Privakey Main Business
      • 5.28.3 Privakey Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.28.4 Privakey Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.28.5 Privakey Recent Developments
    • 5.29 Entrust
      • 5.29.1 Entrust Profile
      • 5.29.2 Entrust Main Business
      • 5.29.3 Entrust Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.29.4 Entrust Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.29.5 Entrust Recent Developments
    • 5.30 TraitWare
      • 5.30.1 TraitWare Profile
      • 5.30.2 TraitWare Main Business
      • 5.30.3 TraitWare Passwordless Multi-Factor Authentication (MFA) Products, Services and Solutions
      • 5.30.4 TraitWare Passwordless Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2017-2022)
      • 5.30.5 TraitWare Recent Developments

    6 North America

    • 6.1 North America Passwordless Multi-Factor Authentication (MFA) Market Size by Country (2017-2028)
    • 6.2 United States
    • 6.3 Canada

    7 Europe

    • 7.1 Europe Passwordless Multi-Factor Authentication (MFA) Market Size by Country (2017-2028)
    • 7.2 Germany
    • 7.3 France
    • 7.4 U.K.
    • 7.5 Italy
    • 7.6 Russia

    8 Asia-Pacific

    • 8.1 Asia-Pacific Passwordless Multi-Factor Authentication (MFA) Market Size by Region (2017-2028)
    • 8.2 China
    • 8.3 Japan
    • 8.4 South Korea
    • 8.5 India
    • 8.6 Australia
    • 8.7 China Taiwan
    • 8.8 Indonesia

    9 Latin America

    • 9.1 Latin America Passwordless Multi-Factor Authentication (MFA) Market Size by Country (2017-2028)
    • 9.2 Mexico
    • 9.3 Brazil
    • 9.4 Argentina

    10 Middle East & Africa

    • 10.1 Middle East & Africa Passwordless Multi-Factor Authentication (MFA) Market Size by Country (2017-2028)
    • 10.2 Turkey
    • 10.3 Saudi Arabia
    • 10.4 UAE

    11 Passwordless Multi-Factor Authentication (MFA) Market Dynamics

    • 11.1 Passwordless Multi-Factor Authentication (MFA) Industry Trends
    • 11.2 Passwordless Multi-Factor Authentication (MFA) Market Drivers
    • 11.3 Passwordless Multi-Factor Authentication (MFA) Market Challenges
    • 11.4 Passwordless Multi-Factor Authentication (MFA) Market Restraints

    12 Research Finding /Conclusion

      13 Methodology and Data Source

      • 13.1 Methodology/Research Approach
        • 13.1.1 Research Programs/Design
        • 13.1.2 Market Size Estimation
        • 13.1.3 Market Breakdown and Data Triangulation
      • 13.2 Data Source
        • 13.2.1 Secondary Sources
        • 13.2.2 Primary Sources
      • 13.3 Disclaimer

      Summary:
      Get latest Market Research Reports on Passwordless Multi-Factor Authentication (MFA). Industry analysis & Market Report on Passwordless Multi-Factor Authentication (MFA) is a syndicated market report, published as Global Passwordless Multi-Factor Authentication (MFA) Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application. It is complete Research Study and Industry Analysis of Passwordless Multi-Factor Authentication (MFA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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