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Multi-factor Authentication Market 2020-2026 | Comprehensive Study COVID19 Impact Analysis | Worldwide Key Players: Entrust, Gemalto, RSA Security, SecureAuth, VASCO Data Security International, etc. | InForGrowth

Multi-factor Authentication Market analysis is provided for the Global market including development trends by regions, competitive analysis of Multi-factor Authentication market. Multi-factor Authentication Industry report focuses on the major drivers and restraints for the key players.

According to the Multi-factor Authentication Market report, the global market is expected to witness a relatively higher growth rate during the forecast period. The report provides key statistics on the market status of Global and Chinese Multi-factor Authentication Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry

Major Key Contents Covered in Multi-factor Authentication Market:

  • Introduction of Multi-factor Authenticationwith development and status.
  • Manufacturing Technology of Multi-factor Authenticationwith analysis and trends.
  • Analysis of Global Multi-factor Authenticationmarket Key Manufacturers with Company Profile, Product Information, Production Information and Contact Information.
  • Analysis of Global and Chinese Multi-factor Authenticationmarket Capacity, Production, Production Value, Cost and Profit
  • Analysis Multi-factor AuthenticationMarket with Comparison, Supply, Consumption and Import and Export.
  • Multi-factor Authenticationmarket Analysis with Market Status and Market Competition by Companies and Countries.
  • 2020-2026 Market Forecast of Global Multi-factor AuthenticationMarket with Cost, Profit, Market Shares, Supply, Demands, Import and Export.
  • Trending factors influencing the market shares of APAC, Europe, North America, and ROW?
  • Multi-factor AuthenticationMarket Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.
  • COVID-19 impact on the overall industry.

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Then, the report explores the international major players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2019 market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Multi-factor Authentication Market Sales growth in various regions and R&D status are also covered.

Through the statistical analysis, the report depicts the global and Chinese total market of Multi-factor Authentication market including capacity, production, production value, cost/profit, supply/demand, and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

Multi-factor Authentication Market Report Segmentation:

Product Type: Multi-factor authentication products, Multi-factor authentication services,

Application: Hardware OTP token, Phone-based authentication, Smart Card-based authentication,

Key Players: Entrust, Gemalto, RSA Security, SecureAuth, VASCO Data Security International, CA Technologies, Deepnet Security, Early Warning Services, Fujitsu, HID, IBM, Safran, SecurEnvoy, SecuTech Solutions, Swivel Secure, Symantec,

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Region Analysis: The report then estimates 2020-2026 market development trends of Multi-factor Authentication market. Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Multi-factor Authentication market before evaluating its feasibility.

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Industrial Analysis of Multi-factor Authentication Market:

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Table and Figures Covered in This Report:

  • Multi-factor Authentication Market Overview, Scope, Status and Prospect
  • Global Multi-factor Authentication Market Competition by Manufacturers
  • Global Multi-factor Authentication Capacity, Production, Revenue (Value) by Region
  • Global Multi-factor Authentication Supply (Production), Consumption, Export, Import by Region
  • Global Multi-factor Authentication Production, Revenue (Value), Price Trend by Type
  • Global Multi-factor Authentication Market Analysis by Application
  • Global Multi-factor AuthenticationManufacturers Profiles/Analysis
  • Multi-factor Authentication Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Multi-factor Authentication Market Forecast
  • Research Findings and Conclusion Appendix – Methodology/Research Approach, Market Size Estimation, Data Source, Secondary Sources, Primary Sources, and Disclaimer.

Then, the report focuses on global major leading Multi-factor Authentication Market players with information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and downstream consumer’s analysis is also carried out. What’s more, the Global Multi-factor Authentication Market development trends and marketing channels are analyzed.

In nutshell, the Multi-factor Authentication Market feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the Multi-factor Authentication Market report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market Sales.

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Multi-Factor Authentication Market Demand, Developments Trends and Outlook 2020-2025

This crucial research report on Global Multi-Factor Authentication Market is an in-depth and crucial extensive market presentation presented meticulously to derive optimum understanding on market developments as well as the growth factors, dynamics, in the form of growth drivers, restraints, threats, challenges and the like that have a thumping catalytic impact on onward growth trail of Multi-Factor Authentication market. Notable market research experts and analysts through this report are also shedding ample light on further essential determinants such as a meticulous review and analytical take of opportunity assessment, specially focusing on untapped opportunities. Sections of the report are also encompassing threat and challenge analysis that constantly deter upward growth spurt in Multi-Factor Authentication market. The report offered by industry veterans are also determined to cater to all the market specific information and a take on business analysis and key growth steering best industry practices that leverage million-dollar opportunities amidst cut-throat competition in Multi-Factor Authentication market.

Top Industry Players of Multi-Factor Authentication Market:

Broadcom Inc (CA Technologies Inc)
Fujitsu Limited
Thales Group (Gemalto NV)
NEC Corporation
RSA Security LLC
Safran Group
SecureAuth Coproration
Suprema HQ Inc
VASCO Data Security International Inc

 

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This research documentation built on the basis of in-depth market analysis is aiming at offering report readers with accurate, market specific synopsis of the industry, evaluating it across dynamics and touchpoint analysis, thus shedding ample light on various classifications, industry chain review, dynamic applications, besides harping largely on overall competitive scenario, including leading market players, their growth objectives, long and short term business goals, a thorough evaluation of their tactical business moves, winning business strategies as well as investment details that cohesively influence onward growth trail of the Multi-Factor Authentication market besides positioning themselves in an advantageous manner in global Multi-Factor Authentication market.

Further in the course of the report, vital points highlighted also unfurl considerable understanding on other important implication rendering features such as current, historical, as well as future prospects of the market that have substantial bearing on the growth spurt of the Multi-Factor Authentication market, including knowledge of factors such as sales volume and bulk production, pricing matrix and sales figures, overall growth review and margin, chances of growth in the future and their range amongst other additional growth determinants that influence growth in the Multi-Factor Authentication market.

Segmentation: Key Highlights on Types and Applications

To evoke resilient market specific growth factors that constantly shape growth prospects in global Multi-Factor Authentication market, this section of the report also sheds light on market segmentation based on which the report segregates the various market conditions as well type and application that continue to remain prominent influencing growth the Multi-Factor Authentication market. This section of the report is vital in enabling report readers to decipher and identify the segment in the target market that coins revenue maximization without having any bottlenecks that eventually hamper growth in global Multi-Factor Authentication market.

Regional Analysis

Further as the report progresses, this report houses versatile understanding on various regional aspects of the target market focusing specifically on prominent growth hubs, inclusive of diverse market specific strategies that usher incremental growth in the Multi-Factor Authentication market. A narrow take on country-wise analysis is also pinned in the report to pin-point most lucrative hub.

Key Takeaways:

1. Access to extensive overview of the Multi-Factor Authentication market at a multi-faceted perspective
2. Focus on real time market growth status to encourage accurate market specific decisions
3. The report is focusing specifically across a range of key development areas such as dynamic segmentation, cross sectional analysis of the target market
4. The report is a ready-to-go market specific document encompassing regional overview, opportunity mapping, and competition analysis
5. A critical review of dominant market trends, leading market strategies as well as best industry practices has also been tagged in the Multi-Factor Authentication Industry report

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Analysis Forecast Coronavirus COVID-19 Industry Impact Market Price Analysis

Multi-factor Authentication Market 2020-2026 | Comprehensive Study COVID19 Impact Analysis | Worldwide Key Players: Entrust, Gemalto, RSA Security, SecureAuth, VASCO Data Security International, etc. | InForGrowth

InForGrowth has added Latest Research Report on Multi-factor Authentication Market 2020 Future Growth Opportunities, Development Trends, and Forecast 2026. The Global Multi-factor Authentication Market market report cover an overview of the segments and sub-segmentations including the product types, applications, companies & regions. This report describes overall Multi-factor Authentication Market size by analyzing historical data and future projections.

The report features unique and relevant factors that are likely to have a significant impact on the Multi-factor Authentication market during the forecast period. This report also includes the COVID-19 pandemic impact analysis on the Multi-factor Authentication market. This report includes a detailed and considerable amount of information, which will help new providers in the most comprehensive manner for better understanding. The report elaborates the historical and current trends molding the growth of the Multi-factor Authentication market

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Market Segmentation:

The segmentation of the Multi-factor Authentication market has been offered on the basis of product type, application, Major Key Players and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the analysis

Top Players Listed in the Multi-factor Authentication Market Report are Entrust, Gemalto, RSA Security, SecureAuth, VASCO Data Security International, CA Technologies, Deepnet Security, Early Warning Services, Fujitsu, HID, IBM, Safran, SecurEnvoy, SecuTech Solutions, Swivel Secure, Symantec, .

Based on type, report split into Multi-factor authentication products, Multi-factor authentication services, .

Based on Application Multi-factor Authentication market is segmented into Hardware OTP token, Phone-based authentication, Smart Card-based authentication, .

Impact of COVID-19: Multi-factor Authentication Market report analyses the impact of Coronavirus (COVID-19) on the Multi-factor Authentication industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Multi-factor Authentication market in 2020

COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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Industrial Analysis of Multi-factor Authentication Market:

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Multi-factor Authentication Market: Key Questions Answered in Report

The research study on the Multi-factor Authentication market offers inclusive insights about the growth of the market in the most comprehensible manner for a better understanding of users. Insights offered in the Multi-factor Authentication market report answer some of the most prominent questions that assist the stakeholders in measuring all the emerging possibilities.

  • How has the rapidly changing business environment turned into a major growth engine for the Multi-factor Authentication market?
  • What are the underlying macroeconomic factors impacting the growth of the Multi-factor Authentication market?
  • What are the key trends that are constantly shaping the growth of the Multi-factor Authentication market?
  • Which are the prominent regions offering plentiful opportunities for the Multi-factor Authentication market?
  • What are the key differential strategies adopted by key players to command a significant chunk of the global market share?
  • How is the COVID-19 pandemic impacting the global Multi-factor Authentication market?

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Multi-Factor Authentication Market-Growth, Trends, and Forecast (2020-2025)

Market Overview

he Multi-factor Authentication market was valued at USD 9.17 billion in 2019 and is expected to reach USD 21.44 billion by 2025, at a CAGR of 15.2 over the forecast period 2020 – 2025. Blockchain and decentralized authentication systems are coming in trends which will replace centralized data and application servers with a network of computers that encrypt and store data and stay in sync with each other. The general concept is to represent user identities with encryption key-pairs which can be tied to additional parameters such as the user’s biometric data instead of passwords to make a high authentification.

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– Growing number of cyberattacks across enterprises is driving the market, as nearly half of all cyber attacks target small business with mostly ransomware attacks and hijacking corporate online and financial accounts. OneLogin’s own authentication app (OneLogin Protect) where users can verify their identities via their smartphones. It also integrates with other third-party authentication factors like Google Authenticator and Yubico’s YubiKeys and provides a single sign-on option for company’s desktops.
– Cloud-based multi-factor authentication is driving the market. Mobile is a key focus for today’s Cloud MFA solutions, where mobile options such as fingerprint scan, facial recognition deliver ease of use, making the authentication experience as frictionless as possible for users. SAASPASS provides cloud-based two-factor authentication to sign into applications and devices anywhere securely.
– However, false security and high cost is a key restraint for the market, as there is always possibility of mobile phones and tokens being stolen, potentially allowing the thief to gain access to the user’s accounts. Due to the requirement of specialized hardware, the total cost becomes high which is a major challenge for the market growth.

Scope of the Report

The multi-factor authentication market is an authentication method in which the user is granted access only after successfully presenting two or more pieces of evidence. It provides hardware and software solutions offered by various vendors of the market. It is popular due to the high degree of security and different models of multi-factor authentication have found various applications in verticals, such as BFSI, government, immigration & travel, commercial security, electronics and healthcare.

Key Market Trends

Biometric in BFSI to Hold a Significant Share

– For banks and finance organizations like trading houses, credit card providers, investment funds, etc., protecting the sensitive data and money of the customers is of the utmost importance. There are several links that make it quite easier for hackers or attackers to get into customer’s bank accounts online and steal money. Hence banking and finance need 2FA solution having biometric solution for better security of customers’ bank accounts and data.
– Combining image authentication with biometric characteristics like iris, retina and face scan gives image response confirmation of a previously saved image allocated to each user during registration into the authentication server, which gives user satisfaction that he is on correct site, which provide security to online transaction.
– The support for audio capturing with the increased availability of voice recognition services, which is a characteristic of biometric solution is available over HTTP-based APIs making it really simple to grant access during transaction through smartphone in multifactor authentification.
– CaixaBank in Spanish is offering customers to use biometric facial recognition technology with pin code as an option, which offers security benefit and giving the rise of opportunity for multi-factor authentification market.

Asia-Pacific Expected to Register the Fastest CAGR

– The Asia Pacific region is expected to be the fastest-growing region in the multifactor authentication market because of a higher level of implementation of bring your own device (BYOD) and choose your own device (CYOD) policies, as well as mobility services, which are increasing cyber attacks and data breaches.
– CREALOGIX has rolled out the solution to major banks in Asia, providing their customers with one single app for banking and authentication. There is no longer a One-Time-Password (OTP) hardware token, generated by a hardware device for each action as part of a multifactor authentication system. The soft token replaces the hard token and provides all the security advantages of multifactor authentication.
– China market is growing highest among the countries, as with the progression of electronic information technology, obtaining personal information becomes relatively simple and it is estimated that China constitutes more number of cyber attacks in banking than United States.
– In China, to enhance the online security level, the internet banking service of the company provides customers with a comprehensive range of two-factor authentication tools to safeguard the designated transactions and designated investment transactions performed by customers via internet banking / mobile banking, which drives the MFA market.

Competitive Landscape

The multi-factor authentication market is fragmented as the market comprises of global and local players where the product penetration with innovation is growing. Software firms are also looking in this market which increases the rivalry among the players. Key players are CA Technologies, Inc., Fujitsu Limited, Gemalto NV, etc. Recent developments in the market are –

– May 2019 – Truxtun Capital reached an unachieved milestone in the payment industry by releasing the first broadly available FIDO Certified, multi-factor strong authentication payment solution for consumers. It provides customers with mobile, virtual and physical card products in a simple user experience where customer takes control of their own digital identity and security profile on a mobile phone, while activating security credentials.

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Companies Mentioned:
– Broadcom Inc. (CA Technologies Inc.)
– Fujitsu Limited
– Thales Group (Gemalto NV)
– NEC Corporation
– RSA Security LLC
– Safran Group
– SecureAuth Coproration
– Suprema HQ Inc.
– VASCO Data Security International, Inc.

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Table of Contents

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Number of Cyberattacks across enterprises
4.3.2 Cloud-Based Multi-Factor Authentication
4.4 Market Restraints
4.4.1 False Security and High Cost
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Authentication
5.1.1 Two-Factor
5.1.2 Three-Factor
5.1.3 Four-Factor
5.2 End User
5.2.1 BFSI
5.2.2 Healthcare
5.2.3 Government
5.2.4 Defense
5.2.5 Travel and Transport/Logistics
5.2.6 Other End Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 Rest of Asia-Pacific
5.3.4 Rest of the World
5.3.4.1 Latin America
5.3.4.2 Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Broadcom Inc. (CA Technologies Inc.)
6.1.2 Fujitsu Limited
6.1.3 Thales Group (Gemalto NV)
6.1.4 NEC Corporation
6.1.5 RSA Security LLC
6.1.6 Safran Group
6.1.7 SecureAuth Coproration
6.1.8 Suprema HQ Inc.
6.1.9 VASCO Data Security International, Inc.

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:

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Phone No.: +1 (972)-362-8199; +91 895 659 5155