Multi-factor Authentication Market to rise at a CAGR of 17.7% that includes key vendors like Morpho, Gemalto, Entrust, Fujitsu, Symantec

December 12 11:16 2019
Multi-factor Authentication Market to rise at a CAGR of 17.7% that includes key vendors like Morpho, Gemalto, Entrust, Fujitsu, Symantec

“Multi-factor Authentication”
Multi-factor Authentication Comprehensive Study by Type (Two-Factor Authentication, Three-Factor Authentication, Other (Four-Factor Authentication and Five-Factor Authentication)), Application (Banking and Finance, Government, Travel and Immigration, Military and Defense, Commercial Security, Consumer Electronics, Healthcare, Others), Model (Two-Factor MAF, Three-Factor MAF, Four-Factor MAF, Five-Factor MAF) Players and Region – Global Market Outlook to 2025

Multi-factor Authentication Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

This market research report looks into and analyzes the Global Multi-factor Authentication Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

The escalating trend in the rising cases of cyber-attacks and data breaches across the organizations and increasing stringency in regulations to protect sensitive data is expected to boost the growth of the MFA (Multi-factor market authentication market). MFA is a method of identifying the user’s identity which involves multiple methods. These methods guarantee secure online transactions, logging in to online services and access to corporate resources. Mostly deployed by organizations to execute an additional level of security that needs users to authenticate via Knowledge, wealth and inherence factors to achieve access to corporate and social networks.

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Major Key Players in This Report Include,

Morpho (France), Gemalto (Netherlands), NEC (Japan), Entrust Inc. (United States), CA Technologies(United States), Fujitsu (Japan), VASCO Data Security (United States), HID Global (United States), RSA Security (United States), Symantec Corporation (United States), SecurEnvoy ltd (England), Crossmatch(United States), Duo Secuirty (United States), Deepnet Security (England) and CensorNet Ltd. (England)

This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Multi-factor Authentication Market research report include SWOT analysis.

The regional analysis of Global Multi-factor Authentication Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.

The Global Multi-factor Authentication Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

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Regulatory Framework:
Many countries have introduced and implemented regulations such as:, HIPAA (Health Insurance portability and Accountability Act, 1996) by United States that provides data privacy and security for safeguarding medical information. And GLBA (Gramm-Leach-Bliley Act, 1999) act that requires financial institutions to brief that how they share and protect customer’s private information.

Market Trend

  • Government, BFSI are adopting MAF module to secure their data, files and information and Implementation of a Two-factor MAF process ensures reducing the number of cases of authentication/identity theft using phishing, internet, and others.

 

Market Drivers

  • Propelling cyber attacks is expected to increase demands of MAF models, Data privacy and Cashless payments in the country resulting in implementation of e-government strategies.

 

Opportunities

  • Advancement in biometric technologies, Increased use of Hardware and Software applications and Cloud-based authentication services.

Table of Content

Global Multi-factor Authentication Market Research Report

Chapter 1 Global Multi-factor Authentication Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Multi-factor Authentication Market Forecast

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