The multi-factor authentication (MFA) market size is expected to reach US $ +17 billion by 2026 with CAGR of +15% during the forecast period.

A security system that needs multiple verification methods of independent credential categories to verify the identity of login or other transaction is called Multi-factor authentication (MFA). MFA is developed from a combination of physical, logical, and biometric verification methods to guarantee a facility, product, or service. MFA runs in an environment where personal authentication and verification is a top priority. The purpose of MFA is to build defense-in-depth and make it difficult for those who are not authorized to access targets such as physical sites, computers, networks, or databases.

The two-factor authentication model is user-friendly and easy to manage. They are typically used for user authentication, employee authentication, access control, and other authentication purposes. Banks and finance deploy two-factor authentication on a large scale for employee and user authentication. An ATM card with a PIN is a typical example of a two-factor authentication model. Online banking also uses a PIN with OTP (one-time-password), which is also a two-factor authentication model.

Key players in multi-Factor Authentication (MFA) Market: Morpho, Gemalto, NEC, Entrust Inc., CA Technologies, Fujitsu, VASCO Data Security, HID Global, RSA Security, Symantec Corporation, SecurEnvoy ltd, Crossmatch, Duo Security, Deepnet Security, CensorNet Ltd.

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An extensive research study entitled Multi-factor Authentication Market has been newly added to the database by the Report Consultant. This research includes a detailed analysis of various business areas such as forecasting, demand, and analysis. In addition, the survey report includes market overviews, market segments, the latest demand trends, key players, and global markets. It has been adopted through primary and secondary research techniques. Primary and secondary studies collect useful data through a variety of useful data sources.

Segmentation of Multi-Factor Authentication (MFA) Market:

Based on Model:
  • Two-Factor Authentication
  • Three-Factor Authentication
  • Four-Factor Authentication
  • Five-Factor Authentication
Based on Applications:
  • BFSI
  • Government & Defense
  • Healthcare
  • Travel & Immigration
  • Retail & E-commerce
  • Others
Inspected North America, Latin America, Middle East, Africa, and Europe to obtain a multi-factor authentication (MFA) market portfolio. According to Report Consultant, the global market is expected to grow during the forecast period. The market has been elucidated in various case studies as well as feedback from various experts. Regarding various attributes such as importance, development in the global multi-factor authentication (MFA) market is described in an accurate and professional way. The survey report also highlights the progress forecasts for various market segments. See the Table of Content and chapters covered in the market report: https://www.reportconsultant.com/enquiry_before_buying.php?id=47688 We will also take a closer look at various norms, government policies, rules and regulations. This research is conducted with proven research methodologies such as qualitative and quantitative research methodologies. Various information graphics are used to curate reports for the global multi-factor authentication (MFA) market. The report introduces some of the companies operating in the global market. Contact us: Rebecca Parker (Report Consultant) 13284 Bluejacket Street Overland Park, KS 66213 United States Contact No: +1 620-220-2270 sales@reportconsultant.com www.reportconsultant.com