This report studies the Multi-factor Authentication market in many aspects of the industry such as market size, market conditions, market trends and forecasts, and the report also provides brief information on competitors and specific growth opportunities with key market drivers. To provide, find complete Multi-factor Authentication market analysis segmented by company, region, type and application in the report.
The report provides regional analysis and valuable insights into the progress of the Multi-factor Authentication market and approaches related to the Multi-factor Authentication market. The report talks about the dominant aspects of the market and examines each segment.
The multi-factor authentication market was valued at USD 9.07 billion in 2019, and it is expected to reach USD 24.16 billion by 2025, registering a CAGR of 17.83%, during the forecast period (2020 – 2025).
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Top Companies in the Multi-factor Authentication Market- Okta Inc., Microsoft Corporation, Duo Security Inc. (Cisco Systems), Broadcom Inc., OneLogin Inc., ForgeRock Inc., SecureAuth Corporation, Gemalto NV(Thales Group), Yubico AB, HID Global Corporation(ASSA ABLOY AB), OneSpan Inc., Entrust Datacard Corporation, RSA Security LLC and other.
- Business Segments Analysis
- Financial Analysis
- SWOT analysis & Porter’s Five Forces Analysis
- Possible Impact of COVID- 19 on Latest Market Conditions (Drivers, Restraints, Trends and Opportunities)
Industry News and Updates:
Jun 2020 – Okta Inc. announced that it was co-ordinating with CrowdStrike Inc. Netskope, and Proofpoint, Inc. to help organizations implement an integrated, zero trust security strategy required to protect dynamic and remote working environments.
– Apr 2020 – Microsoft announced the commercial release of a more simplified Azure Active Directory registration process that adds multifactor authentication (MFA) and self-service password reset features for end-users. This MFA plus self-service password registration process is now at the “general availability” (GA) release stage.:
Key Market Trends:
Cyberattacks are becoming more purposeful, sophisticated, and costly. The healthcare industry is having to come to terms with its exposure to cyber risks. The healthcare industry is in a time of transition and that includes IT infrastructure and cybersecurity. _The healthcare segment is expected to hold a prominent share of the market in the forecast period. According to Protenus and DataBreaches.net, healthcare data breaches in 2019 almost tripled from 2018, where over 41 million patient records were breached in 2019.
– Further, the healthcare sector has been positively impacted by digitization and has evolved over the past two decades to help itself become a digitized sector. Healthcare records have been stored digitally and contain private data.
– Further, developed economies use expensive technology, ranging from computer systems and medical equipment to devices attached to, or even embedded in the human body, such as fitness monitors or digital pacemakers. These devices have increased the vulnerability of access for hackers.:
Read Full Multi-factor Authentication Market Report (Description, TOC, List of Tables & Figures, and Many More) at:
The report contains detailed country-level analysis, market revenue, market value and forecast analysis of ingestion, revenue and Multi-factor Authentication Market share, growth speed, historical and forecast (2015-2025) of these regions are covered:
-North America (the United States, Canada, and Mexico)
-Europe (Germany, France, UK, Russia, and Italy)
-Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
-South America (Brazil, Argentina, etc.)
-Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
The current market situations and prospects of the sector also have been examined. Additionally, prime strategical activities in the market, which include product developments, mergers, and acquisitions, partnerships, etc., are discussed. Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.)
Major Points Covered in Table of Contents:
– Overview of Multi-factor Authentication Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference
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Key Questions Answered by Multi-factor Authentication Market Report
- What was the Multi-factor Authentication Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2025).
- What will be the CAGR of Multi-factor Authentication Market during the forecast period (2021-2025)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2025).
- Which manufacturer/vendor/players in the Multi-factor Authentication Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market. Market will experience a noticeable growth during the forecast period 2021-2025
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