The multi-factor authentication market size is expected US$ 14.44 billion in 2023 and is projected to reach US$ 55.04 billion by 2031; it is estimated to record a CAGR of 18.2% from 2023 to 2031.
The Asia Pacific multi-factor authentication market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In terms of revenue, China dominated the APAC multi-factor authentication market share followed by Japan and South Korea.
The COVID-19 pandemic accelerated digitalization and digital service delivery across the world, as well as in China. The pandemic highlighted the suitability of different work models for businesses, thereby adding to their popularity. The digital model has become increasingly popular among customers and businesses of all sizes. This sudden rise in digital activity led to a huge growth in Internet traffic in China, generating an unprecedented demand for multi-factor authentication to tackle security risks. Moreover, the rapid adoption of collaboration and network security tools during the pandemic resulted in the increased use of multi-factor authentication (MFA) to ensure protected access to resources. In China, the number of cyberattacks and their severity has surged in recent years. According to AAG, the country recorded 14.15 million account breaches from the Q2 to the Q3 of 2022. Such breaches underline the necessity of multi-factor authentication solutions in China.
Japan has been a major target for cybercriminals. According to AAG, the country experienced a 40% increase in cyber-attacks in May 2021 compared to previous months that year. Further, it reported 1.24 million account breaches in the Q2 and Q3 of 2022. According to VPNNippon, nearly 42% of internet users in Japan have experienced at least one form of cybercrime. Furthermore, Japanese police recorded 887 cases of suspected cybercrimes related to COVID-19 in 2020. As per the National Police Agency, the count of cybercrime cases uncovered by the Japanese police reached 12,369 in 2022. The agency further stated that the number of ransomware attacks aimed at businesses soared 57.5% to 230 cases in 2022 from 2021 across 37 of Japan's 47 prefectures, which can be associated with the increase in people working remotely due to the COVID-19 pandemic
Based on authentication type, the multi-factor authentication market is bifurcated into password-based authentication and password less authentication. The password-based authentication segment is estimated to hold largest multi-factor authentication market share by 2031. Password authentication continues to play a crucial role in the multi-factor authentication market as one of the primary factors for user identity verification. While MFA solutions often incorporate additional factors such as biometrics, SMS codes, or hardware tokens, passwords remain a fundamental component due to their familiarity and ease of implementation across various systems and platforms. Additionally, password-based authentication can be augmented with other factors to enhance security and provide a layered defense against unauthorized access. As the MFA market evolves, there is a growing emphasis on combining multiple authentication factors seamlessly to balance security and user experience.
Microsoft; Thales.; Okta; OneSpan; HID Global Corporation; Cisco Systems, Inc.; Ping Identity.; RSA Security; CyberArk Software Ltd. are among the key players profiled in the multi-factor authentication market report. The multi-factor authentication market report also provides detailed market insights, which help the key players strategize their growth. The multi-factor authentication market forecast can help stakeholders in this marketplace plan their growth strategies.
The overall multi-factor authentication market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the multi-factor authentication market analysis. The report includes growth prospects in light of current multi-factor authentication market trends and driving factors influencing the market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the multi-factor authentication market.
TABLE OF CONTENTS
1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Multi-Factor Authentication Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 Hardware and Software Providers:
 4.3.2 Regulatory Compliance and Certification Bodies:
 4.3.3 Service Providers and System Integrators:
 4.3.4 End-Users:
 4.3.5 List of Vendors in the Value Chain
5. Multi-Factor Authentication Market - Key Market Dynamics
5.1 Multi-Factor Authentication Market - Key Market Dynamics
5.2 Market Drivers
 5.2.1 Increasing Number of Cyberattacks
 5.2.2 Rising Adoption of BYOD Trend
 5.2.3 Stringent Government Regulations
5.3 Market Restraints
 5.3.1 High Initial Cost
5.4 Market Opportunities
 5.4.1 Rising Adoption of AI-based MFA
 5.4.2 Increasing Volume of Online Transactions
5.5 Trends
 5.5.1 Emergence of Risk-based Authentication
5.6 Impact of Drivers and Restraints:
6. Multi-Factor Authentication Market - Global Market Analysis
6.1 Multi-Factor Authentication Market Revenue (US$ Million), 2023-2031
6.2 Multi-Factor Authentication Market Forecast Analysis
7. Multi-Factor Authentication Market Analysis - by Component
7.1 Software
 7.1.1 Overview
 7.1.2 Software: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Hardware
 7.2.1 Overview
 7.2.2 Hardware: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Services
 7.3.1 Overview
 7.3.2 Services: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
8. Multi-Factor Authentication Market Analysis - by Authentication Type
8.1 Password-based Authentication
 8.1.1 Overview
 8.1.2 Password-based Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Passwordless Authentication
 8.2.1 Overview
 8.2.2 Passwordless Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9. Multi-Factor Authentication Market Analysis - by Model Type
9.1 Two-factor Authentication
 9.1.1 Overview
 9.1.2 Two-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Three-factor Authentication
 9.2.1 Overview
 9.2.2 Three-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Four-factor Authentication
 9.3.1 Overview
 9.3.2 Four-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Five-factor Authentication
 9.4.1 Overview
 9.4.2 Five-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10. Multi-Factor Authentication Market Analysis - by End User
10.1 IT and Telecom
 10.1.1 Overview
 10.1.2 IT and Telecom: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
 10.2.1 Overview
 10.2.2 BFSI: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Education
 10.3.1 Overview
 10.3.2 Education: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Government
 10.4.1 Overview
 10.4.2 Government: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Healthcare
 10.5.1 Overview
 10.5.2 Healthcare: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Others
 10.6.1 Overview
 10.6.2 Others: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
11. Multi-Factor Authentication Market - Geographical Analysis
11.1 Overview
11.2 North America
 11.2.1 North America Multi-Factor Authentication Market Overview
 11.2.2 North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.2.3 North America: Multi-Factor Authentication Market Breakdown, by Component
 11.2.3.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
 11.2.4 North America: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.2.4.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
 11.2.5 North America: Multi-Factor Authentication Market Breakdown, by Model Type
 11.2.5.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
 11.2.6 North America: Multi-Factor Authentication Market Breakdown, by End User
 11.2.6.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
 11.2.7 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.2.7.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.2.7.2 United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.2.7.2.1 United States: Multi-Factor Authentication Market Breakdown, by Component
 11.2.7.2.2 United States: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.2.7.2.3 United States: Multi-Factor Authentication Market Breakdown, by Model Type
 11.2.7.2.4 United States: Multi-Factor Authentication Market Breakdown, by End User
 11.2.7.3 Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.2.7.3.1 Canada: Multi-Factor Authentication Market Breakdown, by Component
 11.2.7.3.2 Canada: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.2.7.3.3 Canada: Multi-Factor Authentication Market Breakdown, by Model Type
 11.2.7.3.4 Canada: Multi-Factor Authentication Market Breakdown, by End User
 11.2.7.4 Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.2.7.4.1 Mexico: Multi-Factor Authentication Market Breakdown, by Component
 11.2.7.4.2 Mexico: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.2.7.4.3 Mexico: Multi-Factor Authentication Market Breakdown, by Model Type
 11.2.7.4.4 Mexico: Multi-Factor Authentication Market Breakdown, by End User
11.3 Europe
 11.3.1 Europe Multi-Factor Authentication Market Overview
 11.3.2 Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.3 Europe: Multi-Factor Authentication Market Breakdown, by Component
 11.3.3.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
 11.3.4 Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.4.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
 11.3.5 Europe: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.5.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
 11.3.6 Europe: Multi-Factor Authentication Market Breakdown, by End User
 11.3.6.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
 11.3.7 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.3.7.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.3.7.2 United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.2.1 United Kingdom: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.2.2 United Kingdom: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.2.3 United Kingdom: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.2.4 United Kingdom: Multi-Factor Authentication Market Breakdown, by End User
 11.3.7.3 Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.3.1 Germany: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.3.2 Germany: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.3.3 Germany: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.3.4 Germany: Multi-Factor Authentication Market Breakdown, by End User
 11.3.7.4 France: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.4.1 France: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.4.2 France: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.4.3 France: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.4.4 France: Multi-Factor Authentication Market Breakdown, by End User
 11.3.7.5 Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.5.1 Italy: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.5.2 Italy: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.5.3 Italy: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.5.4 Italy: Multi-Factor Authentication Market Breakdown, by End User
 11.3.7.6 Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.6.1 Russia: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.6.2 Russia: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.6.3 Russia: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.6.4 Russia: Multi-Factor Authentication Market Breakdown, by End User
 11.3.7.7 Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.3.7.7.1 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Component
 11.3.7.7.2 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.3.7.7.3 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Model Type
 11.3.7.7.4 Rest of Europe: Multi-Factor Authentication Market Breakdown, by End User
11.4 Asia Pacific
 11.4.1 Asia Pacific Multi-Factor Authentication Market Overview
 11.4.2 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.3 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
 11.4.3.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
 11.4.4 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.4.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
 11.4.5 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.5.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
 11.4.6 Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
 11.4.6.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
 11.4.7 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.4.7.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.4.7.2 China: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.2.1 China: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.2.2 China: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.2.3 China: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.2.4 China: Multi-Factor Authentication Market Breakdown, by End User
 11.4.7.3 Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.3.1 Japan: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.3.2 Japan: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.3.3 Japan: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.3.4 Japan: Multi-Factor Authentication Market Breakdown, by End User
 11.4.7.4 South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.4.1 South Korea: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.4.2 South Korea: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.4.3 South Korea: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.4.4 South Korea: Multi-Factor Authentication Market Breakdown, by End User
 11.4.7.5 India: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.5.1 India: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.5.2 India: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.5.3 India: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.5.4 India: Multi-Factor Authentication Market Breakdown, by End User
 11.4.7.6 Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.6.1 Australia: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.6.2 Australia: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.6.3 Australia: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.6.4 Australia: Multi-Factor Authentication Market Breakdown, by End User
 11.4.7.7 Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.4.7.7.1 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
 11.4.7.7.2 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.4.7.7.3 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
 11.4.7.7.4 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
11.5 Middle East and Africa
 11.5.1 Middle East and Africa Multi-Factor Authentication Market Overview
 11.5.2 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.5.3 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
 11.5.3.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
 11.5.4 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.5.4.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
 11.5.5 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
 11.5.5.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
 11.5.6 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
 11.5.6.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
 11.5.7 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.5.7.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.5.7.2 United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.5.7.2.1 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Component
 11.5.7.2.2 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.5.7.2.3 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Model Type
 11.5.7.2.4 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by End User
 11.5.7.3 Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.5.7.3.1 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Component
 11.5.7.3.2 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.5.7.3.3 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Model Type
 11.5.7.3.4 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by End User
 11.5.7.4 South Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.5.7.4.1 South Africa: Multi-Factor Authentication Market Breakdown, by Component
 11.5.7.4.2 South Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.5.7.4.3 South Africa: Multi-Factor Authentication Market Breakdown, by Model Type
 11.5.7.4.4 South Africa: Multi-Factor Authentication Market Breakdown, by End User
 11.5.7.5 Rest of Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.5.7.5.1 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
 11.5.7.5.2 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.5.7.5.3 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
 11.5.7.5.4 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
11.6 South and Central America
 11.6.1 South and Central America Multi-Factor Authentication Market Overview
 11.6.2 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.6.3 South and Central America: Multi-Factor Authentication Market Breakdown, by Component
 11.6.3.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
 11.6.4 South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.6.4.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
 11.6.5 South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
 11.6.5.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
 11.6.6 South and Central America: Multi-Factor Authentication Market Breakdown, by End User
 11.6.6.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
 11.6.7 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.6.7.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
 11.6.7.2 Brazil: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.6.7.2.1 Brazil: Multi-Factor Authentication Market Breakdown, by Component
 11.6.7.2.2 Brazil: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.6.7.2.3 Brazil: Multi-Factor Authentication Market Breakdown, by Model Type
 11.6.7.2.4 Brazil: Multi-Factor Authentication Market Breakdown, by End User
 11.6.7.3 Argentina: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.6.7.3.1 Argentina: Multi-Factor Authentication Market Breakdown, by Component
 11.6.7.3.2 Argentina: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.6.7.3.3 Argentina: Multi-Factor Authentication Market Breakdown, by Model Type
 11.6.7.3.4 Argentina: Multi-Factor Authentication Market Breakdown, by End User
 11.6.7.4 Rest of South and Central America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
 11.6.7.4.1 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Component
 11.6.7.4.2 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
 11.6.7.4.3 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
 11.6.7.4.4 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by End User
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 OneSpan Inc
 14.1.1 Key Facts
 14.1.2 Business Description
 14.1.3 Products and Services
 14.1.4 Financial Overview
 14.1.5 SWOT Analysis
 14.1.6 Key Developments
14.2 Entrust Corp
 14.2.1 Key Facts
 14.2.2 Business Description
 14.2.3 Products and Services
 14.2.4 Financial Overview
 14.2.5 SWOT Analysis
 14.2.6 Key Developments
14.3 CyberArk Software Ltd.
 14.3.1 Key Facts
 14.3.2 Business Description
 14.3.3 Products and Services
 14.3.4 Financial Overview
 14.3.5 SWOT Analysis
 14.3.6 Key Developments
14.4 RSA Security LLC
 14.4.1 Key Facts
 14.4.2 Business Description
 14.4.3 Products and Services
 14.4.4 Financial Overview
 14.4.5 SWOT Analysis
 14.4.6 Key Developments
14.5 Microsoft Corp
 14.5.1 Key Facts
 14.5.2 Business Description
 14.5.3 Products and Services
 14.5.4 Financial Overview
 14.5.5 SWOT Analysis
 14.5.6 Key Developments
14.6 Ping Identity
 14.6.1 Key Facts
 14.6.2 Business Description
 14.6.3 Products and Services
 14.6.4 Financial Overview
 14.6.5 SWOT Analysis
 14.6.6 Key Developments
14.7 Thales SA
 14.7.1 Key Facts
 14.7.2 Business Description
 14.7.3 Products and Services
 14.7.4 Financial Overview
 14.7.5 SWOT Analysis
 14.7.6 Key Developments
14.8 HID Global Corp
 14.8.1 Key Facts
 14.8.2 Business Description
 14.8.3 Products and Services
 14.8.4 Financial Overview
 14.8.5 SWOT Analysis
 14.8.6 Key Developments
14.9 Cisco Systems Inc
 14.9.1 Key Facts
 14.9.2 Business Description
 14.9.3 Products and Services
 14.9.4 Financial Overview
 14.9.5 SWOT Analysis
 14.9.6 Key Developments
14.10 Okta Inc
 14.10.1 Key Facts
 14.10.2 Business Description
 14.10.3 Products and Services
 14.10.4 Financial Overview
 14.10.5 SWOT Analysis
 14.10.6 Key Developments
15. Appendix
15.1 Word Index
15.2 About
LIST OF TABLES
Table 1. Multi-Factor Authentication Market Segmentation
Table 2. List of Vendors
Table 3. Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
Table 4. Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million) - by Component
Table 5. Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million) - by Authentication Type
Table 6. Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million) - by Model Type
Table 7. Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million) - by End User
Table 8. North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 9. North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 10. North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 11. North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 12. North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Country
Table 13. United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 14. United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 15. United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 16. United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 17. Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 18. Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 19. Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 20. Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 21. Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 22. Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 23. Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 24. Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 25. Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 26. Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 27. Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 28. Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 29. Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Country
Table 30. United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 31. United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 32. United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 33. United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 34. Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 35. Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 36. Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 37. Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 38. France: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 39. France: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 40. France: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 41. France: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 42. Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 43. Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 44. Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 45. Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 46. Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 47. Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 48. Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 49. Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 50. Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 51. Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 52. Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 53. Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 54. Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 55. Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 56. Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 57. Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 58. Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Country
Table 59. China: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 60. China: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 61. China: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 62. China: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 63. Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 64. Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 65. Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 66. Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 67. South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 68. South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 69. South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 70. South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 71. India: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 72. India: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 73. India: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 74. India: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 75. Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 76. Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 77. Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 78. Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 79. Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 80. Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 81. Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 82. Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 83. Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 84. Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 85. Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 86. Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 87. Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Country
Table 88. United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 89. United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 90. United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 91. United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 92. Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 93. Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 94. Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Model Type
Table 95. Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by End User
Table 96. South Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Component
Table 97. South Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031(US$ Million) - by Authentication Type
Table 98. South Africa: Multi-F
LIST OF FIGURES
The List of Companies - Multi-factor Authentication Market
OneSpan
Entrust Corporation
CyberArk Software Ltd.
RSA Security
HID Global Corporation
Cisco Systems, Inc.
Ping Identity.
Microsoft
Thales.
Okta