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Market Research Report
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1001939

Global Multi-factor Authentication Market 2021-2025

Published: | TechNavio (Infiniti Research Ltd.) | 120 Pages | Delivery time: 1-2 business days

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Global Multi-factor Authentication Market 2021-2025
Published: April 8, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Technavio has been monitoring the multi-factor authentication market and it is poised to grow by $ 15.14 bn during 2021-2025, progressing at a CAGR of almost 20% during the forecast period. Our report on multi-factor authentication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in the volume of online transactions, high-level security provided by hardware OTP tokens, and adherence to compliance mandates. In addition, an increase in the volume of online transactions is anticipated to boost the growth of the market as well.

The multi-factor authentication market analysis includes component segment and geographic landscape.

Technavio's multi-factor authentication market is segmented as below:

By Component

  • Services
  • Products

By Geography

  • North America
  • Europe
  • APAC
  • South America
  • MEA

This study identifies the introduction of Out-of-Band (OOB) authentication as one of the prime reasons driving the multi-factor authentication market growth during the next few years. Also, the emergence of cloud-based multi-factor authentication and increased adoption of unified platforms for authentication purposes will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on multi-factor authentication market covers the following areas:

  • Multi-factor authentication market sizing
  • Multi-factor authentication market forecast
  • Multi-factor authentication market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading multi-factor authentication market vendors that include Broadcom Inc., Entrust Datacard Corp., Fujitsu Ltd., Microsoft Corp., Okta Inc., OneSpan Inc., RSA Security LLC, SecureAuth Corp., Thales Group, and Yubico AB. Also, the multi-factor authentication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70526

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Component

  • Market segments
  • Comparison by Component
  • Services - Market size and forecast 2020-2025
  • Products - Market size and forecast 2020-2025
  • Market opportunity by Component

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor Landscape
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Broadcom Inc.
  • Entrust Datacard Corp.
  • Fujitsu Ltd.
  • Microsoft Corp.
  • Okta Inc.
  • OneSpan Inc.
  • RSA Security LLC
  • SecureAuth Corp.
  • Thales Group
  • Yubico AB

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Parent market
  • 9: Market characteristics
  • 10: Offerings of vendors included in the market definition
  • 11: Market segments
  • 12: Global - Market size and forecast 2020 - 2025 ($ million)
  • 13: Global market: Year-over-year growth 2020 - 2025 (%)
  • 14: Five forces analysis 2020 & 2025
  • 15: Bargaining power of buyers
  • 16: Bargaining power of suppliers
  • 17: Threat of new entrants
  • 18: Threat of substitutes
  • 19: Threat of rivalry
  • 20: Market condition - Five forces 2020
  • 21: Component - Market share 2020-2025 (%)
  • 22: Comparison by Component
  • 23: Services - Market size and forecast 2020-2025 ($ million)
  • 24: Services - Year-over-year growth 2020-2025 (%)
  • 25: Products - Market size and forecast 2020-2025 ($ million)
  • 26: Products - Year-over-year growth 2020-2025 (%)
  • 27: Market opportunity by Component
  • 28: Customer landscape
  • 29: Market share by geography 2020-2025 (%)
  • 30: Geographic comparison
  • 31: North America - Market size and forecast 2020-2025 ($ million)
  • 32: North America - Year-over-year growth 2020-2025 (%)
  • 33: Europe - Market size and forecast 2020-2025 ($ million)
  • 34: Europe - Year-over-year growth 2020-2025 (%)
  • 35: APAC - Market size and forecast 2020-2025 ($ million)
  • 36: APAC - Year-over-year growth 2020-2025 (%)
  • 37: South America - Market size and forecast 2020-2025 ($ million)
  • 38: South America - Year-over-year growth 2020-2025 (%)
  • 39: MEA - Market size and forecast 2020-2025 ($ million)
  • 40: MEA - Year-over-year growth 2020-2025 (%)
  • 41: Key leading countries
  • 42: Market opportunity by geography ($ million)
  • 43: Impact of drivers and challenges
  • 44: Vendor landscape
  • 45: Landscape disruption
  • 46: Industry risks
  • 47: Vendors covered
  • 48: Market positioning of vendors
  • 49: Broadcom Inc. - Overview
  • 50: Broadcom Inc. - Business segments
  • 51: Broadcom Inc. - Key offerings
  • 52: Broadcom Inc. - Key customers
  • 53: Broadcom Inc. - Segment focus
  • 54: Entrust Datacard Corp. - Overview
  • 55: Entrust Datacard Corp. - Product and service
  • 56: Entrust Datacard Corp. - Key offerings
  • 57: Entrust Datacard Corp. - Key customers
  • 58: Entrust Datacard Corp. - Segment focus
  • 59: Fujitsu Ltd. - Overview
  • 60: Fujitsu Ltd. - Business segments
  • 61: Fujitsu Ltd. - Key offerings
  • 62: Fujitsu Ltd. - Key customers
  • 63: Fujitsu Ltd. - Segment focus
  • 64: Microsoft Corp. - Overview
  • 65: Microsoft Corp. - Business segments
  • 66: Microsoft Corp. - Key offerings
  • 67: Microsoft Corp. - Key customers
  • 68: Microsoft Corp. - Segment focus
  • 69: Okta Inc. - Overview
  • 70: Okta Inc. - Product and service
  • 71: Okta Inc. - Key offerings
  • 72: Okta Inc. - Key customers
  • 73: Okta Inc. - Segment focus
  • 74: OneSpan Inc. - Overview
  • 75: OneSpan Inc. - Product and service
  • 76: OneSpan Inc. - Key offerings
  • 77: OneSpan Inc. - Key customers
  • 78: OneSpan Inc. - Segment focus
  • 79: RSA Security LLC - Overview
  • 80: RSA Security LLC - Product and service
  • 81: RSA Security LLC - Key offerings
  • 82: RSA Security LLC - Key customers
  • 83: RSA Security LLC - Segment focus
  • 84: SecureAuth Corp. - Overview
  • 85: SecureAuth Corp. - Product and service
  • 86: SecureAuth Corp. - Key offerings
  • 87: SecureAuth Corp. - Key customers
  • 88: SecureAuth Corp. - Segment focus
  • 89: Thales Group - Overview
  • 90: Thales Group - Business segments
  • 91: Thales Group - Key offerings
  • 92: Thales Group - Key customers
  • 93: Thales Group - Segment focus
  • 94: Yubico AB - Overview
  • 95: Yubico AB - Product and service
  • 96: Yubico AB - Key offerings
  • 97: Yubico AB - Key customers
  • 98: Yubico AB - Segment focus
  • 99: Currency conversion rates for US$
  • 100: Research Methodology
  • 101: Validation techniques employed for market sizing
  • 102: Information sources
  • 103: List of abbreviations