Summary - A new market study, titled “Global Multi-factor Authentication Market Size, Status and Forecast 2025 ” has been featured on WiseGuyReports.
This report studies the global Multi-factor Authentication market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Multi-factor Authentication market by companies, region, type and end-use industry.
Multi-factor authentication is an emerging category of the identity access management that involves use of multiple methods of authentication to verify a user’s identity. Authentication of user identity ensures secure online transactions, log on to online services, and access to corporate resources. Compromised credentials are the main cause of data breaches. Multi-factor authentication is used by organizations to implement an additional layer of security that requires users to authenticate via knowledge, possession, and inherence factors to gain access to corporate and social networks.
There is an increasing concern about data privacy across the globe. Numerous countries have introduced countermeasures by formulating regulations like HIPAA for the healthcare sector and the Gramm-Leach-Bliley Act (GLBA), Basel II, PCI DSS, and SOX for the BFSI sector. These regulations offer complete guidelines related to end-user authentication that are essential before granting users access to confidential data. Organizations need to comply with the regulations specific to their regions and the non-compliance with rules can invite penalties. The stringency of the regulatory requirements for data security will contribute to the market’s growth during the forecast period.
In 2017, the global Multi-factor Authentication market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global top players, covered
VASCO Data Security International
Early Warning Services
Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Multi-factor authentication products
Multi-factor authentication services
Market segment by Application, split into
Hardware OTP token
Smart Card-based authentication
The study objectives of this report are:
To study and forecast the market size of Multi-factor Authentication in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Multi-factor Authentication are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Multi-factor Authentication Manufacturers
Multi-factor Authentication Distributors/Traders/Wholesalers
Multi-factor Authentication Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Multi-factor Authentication market, by end-use.
Detailed analysis and profiles of additional market players
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