Industry: Service & Software
Published Date: 2024-04-16
Pages: 168 Pages
Report ld: 2684085
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Multi-Factor Authentication (MFA) Market Size(US$)

CAGR 2024-2030
19.6%
Market Size,2030
USD 45,570
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
This report studies the Multi-factor Authentication (MFA) market. Multifactor authentication (MFA) is a security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity for a login or other transaction.
The global market for Multi-Factor Authentication (MFA) was estimated to be worth US$ 12840 million in 2023 and is forecast to a readjusted size of US$ 45570 million by 2030 with a CAGR of 19.6% during the forecast period 2024-2030.
United States is the largest Multi-Factor Authentication (MFA) market with about 35% market share. Europe is follower, accounting for about 30% market share.
The key players are Morpho (France), Gemalto (Netherlands), NEC (Japan), Entrust Inc. (US), Broadcom, Fujitsu (Japan), VASCO Data Security (US), HID Global (US), RSA Security (US), Symantec Corporation (US), SecurEnvoy ltd (England), Crossmatch (US), Duo Secuirty (US), Deepnet Security (England), CensorNet Ltd. (England) etc. Top 3 companies occupied about 30% market share.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Multi-Factor Authentication (MFA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Multi-Factor Authentication (MFA).
The Multi-Factor Authentication (MFA) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Multi-Factor Authentication (MFA) market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Multi-Factor Authentication (MFA) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on.
Chapter 2: Revenue of Multi-Factor Authentication (MFA) in global and regional level.
Chapter 3: Detailed analysis of Multi-Factor Authentication (MFA) company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Multi-Factor Authentication (MFA) revenue, gross margin, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Multi-Factor Authentication (MFA) Product Introduction
1.2 Market by Type
1.2.1 Global Multi-Factor Authentication (MFA) Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Two-Factor Authentication
1.2.3 Three-Factor Authentication
1.2.4 Others
1.3 Market by Application
1.3.1 Global Multi-Factor Authentication (MFA) Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 Banking and Finance
1.3.3 Government
1.3.4 Travel and Immigration
1.3.5 Military and Defense
1.3.6 Commercial Security
1.3.7 Consumer Electronics
1.3.8 Healthcare
1.3.9 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Multi-Factor Authentication (MFA) Market Size Estimates and Forecasts
2.2 Multi-Factor Authentication (MFA) Market Size by Region: 2023 Versus 2030
2.2.1 Global Multi-Factor Authentication (MFA) Revenue by Region: 2019-2024
2.2.2 Global Multi-Factor Authentication (MFA) Revenue Forecast by Region (2025-2030)
2.2.3 Global Multi-Factor Authentication (MFA) Revenue Market Share by Region (2019-2030)
3 Global Multi-Factor Authentication (MFA) by Company
3.1 Global Multi-Factor Authentication (MFA) Revenue by Company (2019-2024)
3.2 Global Multi-Factor Authentication (MFA) Revenue Share by Company (2019-2024)
3.3 Competitive Landscape
3.3.1 Key Multi-Factor Authentication (MFA) Companies around the World: Ranking by Revenue
3.3.2 Global Multi-Factor Authentication (MFA) Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.3.3 Global Multi-Factor Authentication (MFA) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.4 Global Multi-Factor Authentication (MFA) Companies Headquarters & Product Type
3.4.1 Multi-Factor Authentication (MFA) Companies Headquarters
3.4.2 Global Multi-Factor Authentication (MFA) Companies Product & Service
3.4.3 Date of International Companies Enter into Multi-Factor Authentication (MFA) Market
3.5 Global Multi-Factor Authentication (MFA) Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 Morpho (France)
4.1.1 Morpho (France) Company Information
4.1.2 Morpho (France) Description, Business Overview
4.1.3 Morpho (France) Multi-Factor Authentication (MFA) Products Offered
4.1.4 Morpho (France) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.1.5 Morpho (France) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.1.6 Morpho (France) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.1.7 Morpho (France) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.1.8 Morpho (France) Recent Developments
4.2 Gemalto (Netherlands)
4.2.1 Gemalto (Netherlands) Company Information
4.2.2 Gemalto (Netherlands) Description, Business Overview
4.2.3 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Products Offered
4.2.4 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.2.5 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.2.6 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.2.7 Gemalto (Netherlands) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.2.8 Gemalto (Netherlands) Recent Developments
4.3 NEC (Japan)
4.3.1 NEC (Japan) Company Information
4.3.2 NEC (Japan) Description, Business Overview
4.3.3 NEC (Japan) Multi-Factor Authentication (MFA) Products Offered
4.3.4 NEC (Japan) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.3.5 NEC (Japan) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.3.6 NEC (Japan) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.3.7 NEC (Japan) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.3.8 NEC (Japan) Recent Developments
4.4 Entrust Inc. (US)
4.4.1 Entrust Inc. (US) Company Information
4.4.2 Entrust Inc. (US) Description, Business Overview
4.4.3 Entrust Inc. (US) Multi-Factor Authentication (MFA) Products Offered
4.4.4 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.4.5 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.4.6 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.4.7 Entrust Inc. (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.4.8 Entrust Inc. (US) Recent Developments
4.5 Broadcom
4.5.1 Broadcom Company Information
4.5.2 Broadcom Description, Business Overview
4.5.3 Broadcom Multi-Factor Authentication (MFA) Products Offered
4.5.4 Broadcom Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.5.5 Broadcom Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.5.6 Broadcom Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.5.7 Broadcom Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.5.8 Broadcom Recent Developments
4.6 Fujitsu (Japan)
4.6.1 Fujitsu (Japan) Company Information
4.6.2 Fujitsu (Japan) Description, Business Overview
4.6.3 Fujitsu (Japan) Multi-Factor Authentication (MFA) Products Offered
4.6.4 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.6.5 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.6.6 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.6.7 Fujitsu (Japan) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.6.8 Fujitsu (Japan) Recent Development
4.7 VASCO Data Security (US)
4.7.1 VASCO Data Security (US) Company Information
4.7.2 VASCO Data Security (US) Description, Business Overview
4.7.3 VASCO Data Security (US) Multi-Factor Authentication (MFA) Products Offered
4.7.4 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.7.5 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.7.6 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.7.7 VASCO Data Security (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.7.8 VASCO Data Security (US) Recent Development
4.8 HID Global (US)
4.8.1 HID Global (US) Company Information
4.8.2 HID Global (US) Description, Business Overview
4.8.3 HID Global (US) Multi-Factor Authentication (MFA) Products Offered
4.8.4 HID Global (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.8.5 HID Global (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.8.6 HID Global (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.8.7 HID Global (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.8.8 HID Global (US) Recent Development
4.9 RSA Security (US)
4.9.1 RSA Security (US) Company Information
4.9.2 RSA Security (US) Description, Business Overview
4.9.3 RSA Security (US) Multi-Factor Authentication (MFA) Products Offered
4.9.4 RSA Security (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.9.5 RSA Security (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.9.6 RSA Security (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.9.7 RSA Security (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.9.8 RSA Security (US) Recent Development
4.10 Symantec Corporation (US)
4.10.1 Symantec Corporation (US) Company Information
4.10.2 Symantec Corporation (US) Description, Business Overview
4.10.3 Symantec Corporation (US) Multi-Factor Authentication (MFA) Products Offered
4.10.4 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.10.5 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.10.6 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.10.7 Symantec Corporation (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.10.8 Symantec Corporation (US) Recent Development
4.11 SecurEnvoy ltd (England)
4.11.1 SecurEnvoy ltd (England) Company Information
4.11.2 SecurEnvoy ltd (England) Description, Business Overview
4.11.3 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Products Offered
4.11.4 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.11.5 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.11.6 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.11.7 SecurEnvoy ltd (England) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.11.8 SecurEnvoy ltd (England) Recent Development
4.12 Crossmatch (US)
4.12.1 Crossmatch (US) Company Information
4.12.2 Crossmatch (US) Description, Business Overview
4.12.3 Crossmatch (US) Multi-Factor Authentication (MFA) Products Offered
4.12.4 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.12.5 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.12.6 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.12.7 Crossmatch (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.12.8 Crossmatch (US) Recent Development
4.13 Duo Secuirty (US)
4.13.1 Duo Secuirty (US) Company Information
4.13.2 Duo Secuirty (US) Description, Business Overview
4.13.3 Duo Secuirty (US) Multi-Factor Authentication (MFA) Products Offered
4.13.4 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.13.5 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.13.6 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.13.7 Duo Secuirty (US) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.13.8 Duo Secuirty (US) Recent Development
4.14 Deepnet Security (England)
4.14.1 Deepnet Security (England) Company Information
4.14.2 Deepnet Security (England) Description, Business Overview
4.14.3 Deepnet Security (England) Multi-Factor Authentication (MFA) Products Offered
4.14.4 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.14.5 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.14.6 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.14.7 Deepnet Security (England) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.14.8 Deepnet Security (England) Recent Development
4.15 CensorNet Ltd. (England)
4.15.1 CensorNet Ltd. (England) Company Information
4.15.2 CensorNet Ltd. (England) Description, Business Overview
4.15.3 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Products Offered
4.15.4 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue and Gross Margin (2019-2024)
4.15.5 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue by Product in 2023
4.15.6 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue by Application in 2023
4.15.7 CensorNet Ltd. (England) Multi-Factor Authentication (MFA) Revenue by Geographic Area in 2023
4.15.8 CensorNet Ltd. (England) Recent Development
5 Breakdown Data by Type
5.1 Global Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
5.2 Global Multi-Factor Authentication (MFA) Revenue Forecast by Type (2025-2030)
5.3 Multi-Factor Authentication (MFA) Revenue Market Share by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
6.2 Global Multi-Factor Authentication (MFA) Revenue Forecast by Application (2025-2030)
6.3 Multi-Factor Authentication (MFA) Revenue Market Share by Application (2019-2030)
7 North America
7.1 North America Multi-Factor Authentication (MFA) Market Size YoY Growth 2019-2030
7.2 North America Multi-Factor Authentication (MFA) Market Facts & Figures by Country (2019-2030)
7.3 North America Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
7.4 North America Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Multi-Factor Authentication (MFA) Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Multi-Factor Authentication (MFA) Market Facts & Figures by Region (2019-2030)
8.3 Asia-Pacific Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
8.4 Asia-Pacific Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
9 Europe
9.1 Europe Multi-Factor Authentication (MFA) Market Size YoY Growth 2019-2030
9.2 Europe Multi-Factor Authentication (MFA) Market Facts & Figures by Country (2019-2030)
9.3 Europe Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
9.4 Europe Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
10 Latin America
10.1 Latin America Multi-Factor Authentication (MFA) Market Size YoY Growth 2019-2030
10.2 Latin America Multi-Factor Authentication (MFA) Market Facts & Figures by Country (2019-2030)
10.3 Latin America Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
10.4 Latin America Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Multi-Factor Authentication (MFA) Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Multi-Factor Authentication (MFA) Market Facts & Figures by Country (2019-2030)
11.3 Middle East and Africa Multi-Factor Authentication (MFA) Revenue by Type (2019-2024)
11.4 Middle East and Africa Multi-Factor Authentication (MFA) Revenue by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Multi-Factor Authentication (MFA) Supply Chain Analysis
12.2 Multi-Factor Authentication (MFA) Key Raw Materials and Upstream Suppliers
12.3 Multi-Factor Authentication (MFA) Clients Analysis
12.4 Multi-Factor Authentication (MFA) Sales Channel and Sales Model Analysis
12.4.1 Multi-Factor Authentication (MFA) Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Multi-Factor Authentication (MFA) Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Multi-Factor Authentication (MFA) Distributors
13 Market Dynamics
13.1 Multi-Factor Authentication (MFA) Industry Trends
13.2 Multi-Factor Authentication (MFA) Market Drivers
13.3 Multi-Factor Authentication (MFA) Market Challenges
13.4 Multi-Factor Authentication (MFA) Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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