Multi-factor Authentication Market Size, Share, and Trends 2024 to 2033

Multi-factor Authentication Market (By Authentication Type: Password authentication, Password less authentication; By Model Type: Smart card with pin, Multi-factor with three-factor authentication, Multi-factor with four-factor authentication, Multi-factor with five-factor authentication; By Component: Solutions, Hardware, Services; By End User) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033

  • Last Updated : January 2024
  • Report Code : 3704
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Multi-factor Authentication Market 

5.1. COVID-19 Landscape: Multi-factor Authentication Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Multi-factor Authentication Market, By Authentication Type

8.1. Multi-factor Authentication Market, by Authentication Type, 2024-2033

8.1.1. Password authentication

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Password less authentication

8.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Multi-factor Authentication Market, By Model Type

9.1. Multi-factor Authentication Market, by Model Type, 2024-2033

9.1.1. Smart card with pin

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Multi-factor with three-factor authentication

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Multi-factor with four-factor authentication

9.1.3.1. Market Revenue and Forecast (2021-2033)

9.1.4. Multi-factor with five-factor authentication

9.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Multi-factor Authentication Market, By Component 

10.1. Multi-factor Authentication Market, by Component, 2024-2033

10.1.1. Solutions

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Hardware

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Services

10.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Multi-factor Authentication Market, By End User 

11.1. Multi-factor Authentication Market, by End User, 2024-2033

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. Government

11.1.2.1. Market Revenue and Forecast (2021-2033)

11.1.3. Travel and Immigration

11.1.3.1. Market Revenue and Forecast (2021-2033)

11.1.4. Military and Defense

11.1.4.1. Market Revenue and Forecast (2021-2033)

11.1.5. Commercial Security

11.1.5.1. Market Revenue and Forecast (2021-2033)

11.1.6. IT

11.1.6.1. Market Revenue and Forecast (2021-2033)

11.1.7. Telecommunication

11.1.7.1. Market Revenue and Forecast (2021-2033)

11.1.8. Healthcare

11.1.8.1. Market Revenue and Forecast (2021-2033)

11.1.9. Media and Entertainment

11.1.9.1. Market Revenue and Forecast (2021-2033)

11.1.10. Other

11.1.10.1. Market Revenue and Forecast (2021-2033)

Chapter 12. Global Multi-factor Authentication Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.1.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.1.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.1.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.1.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.1.6.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.1.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.2.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.2.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.2.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.2.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.2.6.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.2.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.2.7.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.2.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.2.8.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.2.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.3.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.3.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.3.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.3.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.3.6.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.3.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.3.7.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.3.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.3.8.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.3.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.4.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.4.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.4.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.4.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.4.6.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.4.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.4.7.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.4.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.4.8.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.4.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.5.5.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.5.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Authentication Type (2021-2033)

12.5.6.2. Market Revenue and Forecast, by Model Type (2021-2033)

12.5.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.6.4. Market Revenue and Forecast, by End User (2021-2033)

Chapter 13. Company Profiles

13.1. RSA Security

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Symantec Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Gemalto (Thales Group)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Duo Security (Cisco)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Okta, Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. HID Global

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. OneLogin, Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Ping Identity

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. IBM Corporation

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Microsoft Corporation

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global multi-factor authentication market size is expected to increase USD 74.73 billion by 2033 from USD 14.37 billion in 2023.

The global multi-factor authentication market will register growth rate of 18% between 2024 and 2033.

The major players operating in the multi-factor authentication market are RSA Security, Symantec Corporation, Gemalto (Thales Group), Duo Security (Cisco), Okta, Inc., HID Global, OneLogin, Inc., Ping Identity, IBM Corporation, Microsoft Corporation, Entrust Datacard Corporation, Authy Inc., NEC Corporation, CyberArk Software Ltd., SecureAuth Corporation, and Others.

The driving factors of the multi-factor authentication market are the increasing adoption of cloud services and governments and industry regulators worldwide.

Asia Pacific region will lead the global multi-factor authentication market during the forecast period 2024 to 2033.

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