Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: QYResearch | PRODUCT CODE: 1856136

Cover Image

PUBLISHER: QYResearch | PRODUCT CODE: 1856136

Multi-Factor Authentication (MFA) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

PUBLISHED:
PAGES: 151 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 3950
PDF (Multi User License)
USD 5925
PDF (Enterprise User License)
USD 7900

Add to Cart

The global market for Multi-Factor Authentication (MFA) was estimated to be worth US$ 21500 million in 2024 and is forecast to a readjusted size of US$ 46830 million by 2031 with a CAGR of 12.5% during the forecast period 2025-2031.

Multi-Factor Authentication (MFA) is an identity verification method that enhances account security by requiring users to provide multiple independent verification factors to confirm their identity. Unlike traditional single-factor authentication (SFA), which relies solely on a password, MFA combines at least two different forms of authentication, such as knowledge factors (e.g., password or PIN), possession factors (e.g., mobile phone, hardware token), and biometric factors (e.g., fingerprint, facial recognition). This approach significantly improves account security and reduces risks associated with password leaks or theft.

The MFA market has witnessed rapid growth in recent years, particularly in industries that heavily rely on data security, such as finance, healthcare, government, and e-commerce. As cyber threats become increasingly diverse, MFA has become the standard solution to address risks like data breaches and identity theft. Many businesses and organizations have adopted MFA as a core component of their security strategy, driving the widespread application of this technology.

The rapid growth of the Multi-Factor Authentication (MFA) market can be attributed to several driving factors. Firstly, the increasing number of cyberattacks and data breaches is the primary reason for the widespread adoption of MFA. In recent years, cyber threats have become more complex, with issues like password leaks, identity theft, and ransomware becoming common, pushing businesses to strengthen their identity verification measures. Secondly, the accelerated pace of digital transformation has also provided growth opportunities for the MFA market. As businesses expand into emerging technologies such as cloud computing, big data, and IoT, the need for security is growing, making MFA a crucial technology to ensure data safety. Furthermore, increasing government regulations on data privacy and security are compelling companies to adopt MFA to comply with legal requirements.

Although MFA has significant market development potential, it also faces some challenges. For instance, user experience is a key issue in the adoption of MFA. Users may resist frequent authentication steps, weakening the effectiveness of security measures. Additionally, the deployment and maintenance costs of MFA systems are relatively high, which may put financial strain on small and medium-sized businesses.

Despite its significant advantages in enhancing cybersecurity, the implementation of MFA also faces several challenges and risks. One of the key challenges is technical complexity. MFA systems require integration of multiple authentication methods, such as hardware tokens, SMS-based OTPs, and biometric technologies, which may involve high costs for technology integration and device investments for businesses. Secondly, MFA may have a negative impact on user experience. Users might find frequent authentication steps inconvenient, especially when additional devices like hardware tokens or biometric systems are involved, potentially increasing user resistance and reducing the effectiveness of security measures. Finally, security vulnerabilities also pose a significant risk to MFA systems. If any of the MFA components, such as SMS verification or biometric systems, have technical flaws, hackers could exploit these vulnerabilities to bypass the authentication system, leading to potential security breaches.

As cyber threats continue to escalate, downstream demand for MFA technology is becoming increasingly diverse and growing. Firstly, the financial sector's demand for MFA is rising rapidly. Since financial transactions involve large amounts of sensitive data, financial institutions must adopt stricter authentication measures to protect customer funds and personal information. Secondly, the healthcare sector is also gradually increasing the use of MFA, particularly in the protection of patient data and the security of electronic health record systems. With the development of cloud computing and telemedicine, the healthcare industry's demand for data security is becoming more urgent. Additionally, e-commerce and social platforms are strengthening the implementation of MFA to prevent account theft and user privacy breaches. Overall, as industries place greater emphasis on data security, MFA will continue to experience sustained growth in downstream demand.

This report aims to provide a comprehensive presentation of the global market for Multi-Factor Authentication (MFA), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Multi-Factor Authentication (MFA) by region & country, by Type, and by Application.

The Multi-Factor Authentication (MFA) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Multi-Factor Authentication (MFA).

Market Segmentation

By Company

  • Fortinet, Inc.
  • CyberArk Software Ltd.
  • Morpho
  • Shufti
  • AuthX
  • Frontegg
  • Okta Adaptive MFA
  • Microsoft Entra MFA
  • PingOne
  • OneLogin
  • JumpCloud Protect
  • IBM Security Verify
  • RSA SecurID
  • Palo Alto Networks
  • Thales DIS
  • Entrust
  • HID Global
  • Symantec VIP
  • Duo Security
  • SSO360
  • Beijing Trusfort Technology
  • Chelen
  • Authing
  • Nington
  • Keypasco

Segment by Type

  • Two-Factor Authentication
  • Three-Factor Authentication
  • Others

Segment by Deployment Mode

  • On-Premises Deployment
  • Cloud-based Deployment

Segment by Application

  • Financial Sector
  • Healthcare
  • Government & Public
  • Enterprises & E-Commerce
  • Education & Research Institutions
  • Others

By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides 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 2: Detailed analysis of Multi-Factor Authentication (MFA) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Revenue of Multi-Factor Authentication (MFA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Revenue of Multi-Factor Authentication (MFA) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

  • 1.1 Multi-Factor Authentication (MFA) Product Introduction
  • 1.2 Global Multi-Factor Authentication (MFA) Market Size Forecast (2020-2031)
  • 1.3 Multi-Factor Authentication (MFA) Market Trends & Drivers
    • 1.3.1 Multi-Factor Authentication (MFA) Industry Trends
    • 1.3.2 Multi-Factor Authentication (MFA) Market Drivers & Opportunity
    • 1.3.3 Multi-Factor Authentication (MFA) Market Challenges
    • 1.3.4 Multi-Factor Authentication (MFA) Market Restraints
  • 1.4 Assumptions and Limitations
  • 1.5 Study Objectives
  • 1.6 Years Considered

2 Competitive Analysis by Company

  • 2.1 Global Multi-Factor Authentication (MFA) Players Revenue Ranking (2024)
  • 2.2 Global Multi-Factor Authentication (MFA) Revenue by Company (2020-2025)
  • 2.3 Key Companies Multi-Factor Authentication (MFA) Manufacturing Base Distribution and Headquarters
  • 2.4 Key Companies Multi-Factor Authentication (MFA) Product Offered
  • 2.5 Key Companies Time to Begin Mass Production of Multi-Factor Authentication (MFA)
  • 2.6 Multi-Factor Authentication (MFA) Market Competitive Analysis
    • 2.6.1 Multi-Factor Authentication (MFA) Market Concentration Rate (2020-2025)
    • 2.6.2 Global 5 and 10 Largest Companies by Multi-Factor Authentication (MFA) Revenue in 2024
    • 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Multi-Factor Authentication (MFA) as of 2024)
  • 2.7 Mergers & Acquisitions, Expansion

3 Segmentation by Type

  • 3.1 Introduction by Type
    • 3.1.1 Two-Factor Authentication
    • 3.1.2 Three-Factor Authentication
    • 3.1.3 Others
  • 3.2 Global Multi-Factor Authentication (MFA) Sales Value by Type
    • 3.2.1 Global Multi-Factor Authentication (MFA) Sales Value by Type (2020 VS 2024 VS 2031)
    • 3.2.2 Global Multi-Factor Authentication (MFA) Sales Value, by Type (2020-2031)
    • 3.2.3 Global Multi-Factor Authentication (MFA) Sales Value, by Type (%) (2020-2031)

4 Segmentation by Deployment Mode

  • 4.1 Introduction by Deployment Mode
    • 4.1.1 On-Premises Deployment
    • 4.1.2 Cloud-based Deployment
  • 4.2 Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode
    • 4.2.1 Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode (2020 VS 2024 VS 2031)
    • 4.2.2 Global Multi-Factor Authentication (MFA) Sales Value, by Deployment Mode (2020-2031)
    • 4.2.3 Global Multi-Factor Authentication (MFA) Sales Value, by Deployment Mode (%) (2020-2031)

5 Segmentation by Application

  • 5.1 Introduction by Application
    • 5.1.1 Financial Sector
    • 5.1.2 Healthcare
    • 5.1.3 Government & Public
    • 5.1.4 Enterprises & E-Commerce
    • 5.1.5 Education & Research Institutions
    • 5.1.6 Others
  • 5.2 Global Multi-Factor Authentication (MFA) Sales Value by Application
    • 5.2.1 Global Multi-Factor Authentication (MFA) Sales Value by Application (2020 VS 2024 VS 2031)
    • 5.2.2 Global Multi-Factor Authentication (MFA) Sales Value, by Application (2020-2031)
    • 5.2.3 Global Multi-Factor Authentication (MFA) Sales Value, by Application (%) (2020-2031)

6 Segmentation by Region

  • 6.1 Global Multi-Factor Authentication (MFA) Sales Value by Region
    • 6.1.1 Global Multi-Factor Authentication (MFA) Sales Value by Region: 2020 VS 2024 VS 2031
    • 6.1.2 Global Multi-Factor Authentication (MFA) Sales Value by Region (2020-2025)
    • 6.1.3 Global Multi-Factor Authentication (MFA) Sales Value by Region (2026-2031)
    • 6.1.4 Global Multi-Factor Authentication (MFA) Sales Value by Region (%), (2020-2031)
  • 6.2 North America
    • 6.2.1 North America Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 6.2.2 North America Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • 6.3 Europe
    • 6.3.1 Europe Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 6.3.2 Europe Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 6.4.2 Asia Pacific Multi-Factor Authentication (MFA) Sales Value by Region (%), 2024 VS 2031
  • 6.5 South America
    • 6.5.1 South America Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 6.5.2 South America Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • 6.6 Middle East & Africa
    • 6.6.1 Middle East & Africa Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 6.6.2 Middle East & Africa Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031

7 Segmentation by Key Countries/Regions

  • 7.1 Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value Growth Trends, 2020 VS 2024 VS 2031
  • 7.2 Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value, 2020-2031
  • 7.3 United States
    • 7.3.1 United States Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.3.2 United States Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.3.3 United States Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.4 Europe
    • 7.4.1 Europe Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.4.2 Europe Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.4.3 Europe Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.5 China
    • 7.5.1 China Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.5.2 China Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.5.3 China Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.6 Japan
    • 7.6.1 Japan Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.6.2 Japan Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.6.3 Japan Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.7 South Korea
    • 7.7.1 South Korea Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.7.2 South Korea Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.7.3 South Korea Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.8 Southeast Asia
    • 7.8.1 Southeast Asia Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.8.2 Southeast Asia Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.8.3 Southeast Asia Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031
  • 7.9 India
    • 7.9.1 India Multi-Factor Authentication (MFA) Sales Value, 2020-2031
    • 7.9.2 India Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
    • 7.9.3 India Multi-Factor Authentication (MFA) Sales Value by Application, 2024 VS 2031

8 Company Profiles

  • 8.1 Fortinet, Inc.
    • 8.1.1 Fortinet, Inc. Profile
    • 8.1.2 Fortinet, Inc. Main Business
    • 8.1.3 Fortinet, Inc. Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.1.4 Fortinet, Inc. Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.1.5 Fortinet, Inc. Recent Developments
  • 8.2 CyberArk Software Ltd.
    • 8.2.1 CyberArk Software Ltd. Profile
    • 8.2.2 CyberArk Software Ltd. Main Business
    • 8.2.3 CyberArk Software Ltd. Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.2.4 CyberArk Software Ltd. Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.2.5 CyberArk Software Ltd. Recent Developments
  • 8.3 Morpho
    • 8.3.1 Morpho Profile
    • 8.3.2 Morpho Main Business
    • 8.3.3 Morpho Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.3.4 Morpho Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.3.5 Morpho Recent Developments
  • 8.4 Shufti
    • 8.4.1 Shufti Profile
    • 8.4.2 Shufti Main Business
    • 8.4.3 Shufti Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.4.4 Shufti Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.4.5 Shufti Recent Developments
  • 8.5 AuthX
    • 8.5.1 AuthX Profile
    • 8.5.2 AuthX Main Business
    • 8.5.3 AuthX Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.5.4 AuthX Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.5.5 AuthX Recent Developments
  • 8.6 Frontegg
    • 8.6.1 Frontegg Profile
    • 8.6.2 Frontegg Main Business
    • 8.6.3 Frontegg Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.6.4 Frontegg Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.6.5 Frontegg Recent Developments
  • 8.7 Okta Adaptive MFA
    • 8.7.1 Okta Adaptive MFA Profile
    • 8.7.2 Okta Adaptive MFA Main Business
    • 8.7.3 Okta Adaptive MFA Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.7.4 Okta Adaptive MFA Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.7.5 Okta Adaptive MFA Recent Developments
  • 8.8 Microsoft Entra MFA
    • 8.8.1 Microsoft Entra MFA Profile
    • 8.8.2 Microsoft Entra MFA Main Business
    • 8.8.3 Microsoft Entra MFA Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.8.4 Microsoft Entra MFA Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.8.5 Microsoft Entra MFA Recent Developments
  • 8.9 PingOne
    • 8.9.1 PingOne Profile
    • 8.9.2 PingOne Main Business
    • 8.9.3 PingOne Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.9.4 PingOne Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.9.5 PingOne Recent Developments
  • 8.10 OneLogin
    • 8.10.1 OneLogin Profile
    • 8.10.2 OneLogin Main Business
    • 8.10.3 OneLogin Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.10.4 OneLogin Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.10.5 OneLogin Recent Developments
  • 8.11 JumpCloud Protect
    • 8.11.1 JumpCloud Protect Profile
    • 8.11.2 JumpCloud Protect Main Business
    • 8.11.3 JumpCloud Protect Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.11.4 JumpCloud Protect Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.11.5 JumpCloud Protect Recent Developments
  • 8.12 IBM Security Verify
    • 8.12.1 IBM Security Verify Profile
    • 8.12.2 IBM Security Verify Main Business
    • 8.12.3 IBM Security Verify Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.12.4 IBM Security Verify Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.12.5 IBM Security Verify Recent Developments
  • 8.13 RSA SecurID
    • 8.13.1 RSA SecurID Profile
    • 8.13.2 RSA SecurID Main Business
    • 8.13.3 RSA SecurID Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.13.4 RSA SecurID Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.13.5 RSA SecurID Recent Developments
  • 8.14 Palo Alto Networks
    • 8.14.1 Palo Alto Networks Profile
    • 8.14.2 Palo Alto Networks Main Business
    • 8.14.3 Palo Alto Networks Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.14.4 Palo Alto Networks Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.14.5 Palo Alto Networks Recent Developments
  • 8.15 Thales DIS
    • 8.15.1 Thales DIS Profile
    • 8.15.2 Thales DIS Main Business
    • 8.15.3 Thales DIS Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.15.4 Thales DIS Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.15.5 Thales DIS Recent Developments
  • 8.16 Entrust
    • 8.16.1 Entrust Profile
    • 8.16.2 Entrust Main Business
    • 8.16.3 Entrust Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.16.4 Entrust Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.16.5 Entrust Recent Developments
  • 8.17 HID Global
    • 8.17.1 HID Global Profile
    • 8.17.2 HID Global Main Business
    • 8.17.3 HID Global Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.17.4 HID Global Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.17.5 HID Global Recent Developments
  • 8.18 Symantec VIP
    • 8.18.1 Symantec VIP Profile
    • 8.18.2 Symantec VIP Main Business
    • 8.18.3 Symantec VIP Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.18.4 Symantec VIP Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.18.5 Symantec VIP Recent Developments
  • 8.19 Duo Security
    • 8.19.1 Duo Security Profile
    • 8.19.2 Duo Security Main Business
    • 8.19.3 Duo Security Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.19.4 Duo Security Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.19.5 Duo Security Recent Developments
  • 8.20 SSO360
    • 8.20.1 SSO360 Profile
    • 8.20.2 SSO360 Main Business
    • 8.20.3 SSO360 Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.20.4 SSO360 Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.20.5 SSO360 Recent Developments
  • 8.21 Beijing Trusfort Technology
    • 8.21.1 Beijing Trusfort Technology Profile
    • 8.21.2 Beijing Trusfort Technology Main Business
    • 8.21.3 Beijing Trusfort Technology Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.21.4 Beijing Trusfort Technology Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.21.5 Beijing Trusfort Technology Recent Developments
  • 8.22 Chelen
    • 8.22.1 Chelen Profile
    • 8.22.2 Chelen Main Business
    • 8.22.3 Chelen Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.22.4 Chelen Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.22.5 Chelen Recent Developments
  • 8.23 Authing
    • 8.23.1 Authing Profile
    • 8.23.2 Authing Main Business
    • 8.23.3 Authing Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.23.4 Authing Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.23.5 Authing Recent Developments
  • 8.24 Nington
    • 8.24.1 Nington Profile
    • 8.24.2 Nington Main Business
    • 8.24.3 Nington Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.24.4 Nington Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.24.5 Nington Recent Developments
  • 8.25 Keypasco
    • 8.25.1 Keypasco Profile
    • 8.25.2 Keypasco Main Business
    • 8.25.3 Keypasco Multi-Factor Authentication (MFA) Products, Services and Solutions
    • 8.25.4 Keypasco Multi-Factor Authentication (MFA) Revenue (US$ Million) & (2020-2025)
    • 8.25.5 Keypasco Recent Developments

9 Industry Chain Analysis

  • 9.1 Multi-Factor Authentication (MFA) Industrial Chain
  • 9.2 Multi-Factor Authentication (MFA) Upstream Analysis
    • 9.2.1 Key Raw Materials
    • 9.2.2 Raw Materials Key Suppliers
    • 9.2.3 Manufacturing Cost Structure
  • 9.3 Midstream Analysis
  • 9.4 Downstream Analysis (Customers Analysis)
  • 9.5 Sales Model and Sales Channels
    • 9.5.1 Multi-Factor Authentication (MFA) Sales Model
    • 9.5.2 Sales Channel
    • 9.5.3 Multi-Factor Authentication (MFA) Distributors

10 Research Findings and Conclusion

11 Appendix

  • 11.1 Research Methodology
    • 11.1.1 Methodology/Research Approach
      • 11.1.1.1 Research Programs/Design
      • 11.1.1.2 Market Size Estimation
      • 11.1.1.3 Market Breakdown and Data Triangulation
    • 11.1.2 Data Source
      • 11.1.2.1 Secondary Sources
      • 11.1.2.2 Primary Sources
  • 11.2 Author Details
  • 11.3 Disclaimer

List of Tables

  • Table 1. Multi-Factor Authentication (MFA) Market Trends
  • Table 2. Multi-Factor Authentication (MFA) Market Drivers & Opportunity
  • Table 3. Multi-Factor Authentication (MFA) Market Challenges
  • Table 4. Multi-Factor Authentication (MFA) Market Restraints
  • Table 5. Global Multi-Factor Authentication (MFA) Revenue by Company (2020-2025) & (US$ Million)
  • Table 6. Global Multi-Factor Authentication (MFA) Revenue Market Share by Company (2020-2025)
  • Table 7. Key Companies Multi-Factor Authentication (MFA) Manufacturing Base Distribution and Headquarters
  • Table 8. Key Companies Multi-Factor Authentication (MFA) Product Type
  • Table 9. Key Companies Time to Begin Mass Production of Multi-Factor Authentication (MFA)
  • Table 10. Global Multi-Factor Authentication (MFA) Companies Market Concentration Ratio (CR5 and HHI)
  • Table 11. Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Multi-Factor Authentication (MFA) as of 2024)
  • Table 12. Mergers & Acquisitions, Expansion Plans
  • Table 13. Global Multi-Factor Authentication (MFA) Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 14. Global Multi-Factor Authentication (MFA) Sales Value by Type (2020-2025) & (US$ Million)
  • Table 15. Global Multi-Factor Authentication (MFA) Sales Value by Type (2026-2031) & (US$ Million)
  • Table 16. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Type (2020-2025)
  • Table 17. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Type (2026-2031)
  • Table 18. Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 19. Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode (2020-2025) & (US$ Million)
  • Table 20. Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode (2026-2031) & (US$ Million)
  • Table 21. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Deployment Mode (2020-2025)
  • Table 22. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Deployment Mode (2026-2031)
  • Table 23. Global Multi-Factor Authentication (MFA) Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 24. Global Multi-Factor Authentication (MFA) Sales Value by Application (2020-2025) & (US$ Million)
  • Table 25. Global Multi-Factor Authentication (MFA) Sales Value by Application (2026-2031) & (US$ Million)
  • Table 26. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Application (2020-2025)
  • Table 27. Global Multi-Factor Authentication (MFA) Sales Market Share in Value by Application (2026-2031)
  • Table 28. Global Multi-Factor Authentication (MFA) Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
  • Table 29. Global Multi-Factor Authentication (MFA) Sales Value by Region (2020-2025) & (US$ Million)
  • Table 30. Global Multi-Factor Authentication (MFA) Sales Value by Region (2026-2031) & (US$ Million)
  • Table 31. Global Multi-Factor Authentication (MFA) Sales Value by Region (2020-2025) & (%)
  • Table 32. Global Multi-Factor Authentication (MFA) Sales Value by Region (2026-2031) & (%)
  • Table 33. Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
  • Table 34. Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value, (2020-2025) & (US$ Million)
  • Table 35. Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value, (2026-2031) & (US$ Million)
  • Table 36. Fortinet, Inc. Basic Information List
  • Table 37. Fortinet, Inc. Description and Business Overview
  • Table 38. Fortinet, Inc. Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 39. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Fortinet, Inc. (2020-2025)
  • Table 40. Fortinet, Inc. Recent Developments
  • Table 41. CyberArk Software Ltd. Basic Information List
  • Table 42. CyberArk Software Ltd. Description and Business Overview
  • Table 43. CyberArk Software Ltd. Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 44. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of CyberArk Software Ltd. (2020-2025)
  • Table 45. CyberArk Software Ltd. Recent Developments
  • Table 46. Morpho Basic Information List
  • Table 47. Morpho Description and Business Overview
  • Table 48. Morpho Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 49. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Morpho (2020-2025)
  • Table 50. Morpho Recent Developments
  • Table 51. Shufti Basic Information List
  • Table 52. Shufti Description and Business Overview
  • Table 53. Shufti Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 54. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Shufti (2020-2025)
  • Table 55. Shufti Recent Developments
  • Table 56. AuthX Basic Information List
  • Table 57. AuthX Description and Business Overview
  • Table 58. AuthX Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 59. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of AuthX (2020-2025)
  • Table 60. AuthX Recent Developments
  • Table 61. Frontegg Basic Information List
  • Table 62. Frontegg Description and Business Overview
  • Table 63. Frontegg Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 64. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Frontegg (2020-2025)
  • Table 65. Frontegg Recent Developments
  • Table 66. Okta Adaptive MFA Basic Information List
  • Table 67. Okta Adaptive MFA Description and Business Overview
  • Table 68. Okta Adaptive MFA Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 69. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Okta Adaptive MFA (2020-2025)
  • Table 70. Okta Adaptive MFA Recent Developments
  • Table 71. Microsoft Entra MFA Basic Information List
  • Table 72. Microsoft Entra MFA Description and Business Overview
  • Table 73. Microsoft Entra MFA Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 74. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Microsoft Entra MFA (2020-2025)
  • Table 75. Microsoft Entra MFA Recent Developments
  • Table 76. PingOne Basic Information List
  • Table 77. PingOne Description and Business Overview
  • Table 78. PingOne Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 79. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of PingOne (2020-2025)
  • Table 80. PingOne Recent Developments
  • Table 81. OneLogin Basic Information List
  • Table 82. OneLogin Description and Business Overview
  • Table 83. OneLogin Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 84. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of OneLogin (2020-2025)
  • Table 85. OneLogin Recent Developments
  • Table 86. JumpCloud Protect Basic Information List
  • Table 87. JumpCloud Protect Description and Business Overview
  • Table 88. JumpCloud Protect Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 89. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of JumpCloud Protect (2020-2025)
  • Table 90. JumpCloud Protect Recent Developments
  • Table 91. IBM Security Verify Basic Information List
  • Table 92. IBM Security Verify Description and Business Overview
  • Table 93. IBM Security Verify Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 94. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of IBM Security Verify (2020-2025)
  • Table 95. IBM Security Verify Recent Developments
  • Table 96. RSA SecurID Basic Information List
  • Table 97. RSA SecurID Description and Business Overview
  • Table 98. RSA SecurID Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 99. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of RSA SecurID (2020-2025)
  • Table 100. RSA SecurID Recent Developments
  • Table 101. Palo Alto Networks Basic Information List
  • Table 102. Palo Alto Networks Description and Business Overview
  • Table 103. Palo Alto Networks Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 104. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Palo Alto Networks (2020-2025)
  • Table 105. Palo Alto Networks Recent Developments
  • Table 106. Thales DIS Basic Information List
  • Table 107. Thales DIS Description and Business Overview
  • Table 108. Thales DIS Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 109. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Thales DIS (2020-2025)
  • Table 110. Thales DIS Recent Developments
  • Table 111. Entrust Basic Information List
  • Table 112. Entrust Description and Business Overview
  • Table 113. Entrust Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 114. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Entrust (2020-2025)
  • Table 115. Entrust Recent Developments
  • Table 116. HID Global Basic Information List
  • Table 117. HID Global Description and Business Overview
  • Table 118. HID Global Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 119. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of HID Global (2020-2025)
  • Table 120. HID Global Recent Developments
  • Table 121. Symantec VIP Basic Information List
  • Table 122. Symantec VIP Description and Business Overview
  • Table 123. Symantec VIP Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 124. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Symantec VIP (2020-2025)
  • Table 125. Symantec VIP Recent Developments
  • Table 126. Duo Security Basic Information List
  • Table 127. Duo Security Description and Business Overview
  • Table 128. Duo Security Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 129. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Duo Security (2020-2025)
  • Table 130. Duo Security Recent Developments
  • Table 131. SSO360 Basic Information List
  • Table 132. SSO360 Description and Business Overview
  • Table 133. SSO360 Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 134. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of SSO360 (2020-2025)
  • Table 135. SSO360 Recent Developments
  • Table 136. Beijing Trusfort Technology Basic Information List
  • Table 137. Beijing Trusfort Technology Description and Business Overview
  • Table 138. Beijing Trusfort Technology Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 139. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Beijing Trusfort Technology (2020-2025)
  • Table 140. Beijing Trusfort Technology Recent Developments
  • Table 141. Chelen Basic Information List
  • Table 142. Chelen Description and Business Overview
  • Table 143. Chelen Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 144. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Chelen (2020-2025)
  • Table 145. Chelen Recent Developments
  • Table 146. Authing Basic Information List
  • Table 147. Authing Description and Business Overview
  • Table 148. Authing Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 149. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Authing (2020-2025)
  • Table 150. Authing Recent Developments
  • Table 151. Nington Basic Information List
  • Table 152. Nington Description and Business Overview
  • Table 153. Nington Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 154. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Nington (2020-2025)
  • Table 155. Nington Recent Developments
  • Table 156. Keypasco Basic Information List
  • Table 157. Keypasco Description and Business Overview
  • Table 158. Keypasco Multi-Factor Authentication (MFA) Products, Services and Solutions
  • Table 159. Revenue (US$ Million) in Multi-Factor Authentication (MFA) Business of Keypasco (2020-2025)
  • Table 160. Keypasco Recent Developments
  • Table 161. Key Raw Materials Lists
  • Table 162. Raw Materials Key Suppliers Lists
  • Table 163. Multi-Factor Authentication (MFA) Downstream Customers
  • Table 164. Multi-Factor Authentication (MFA) Distributors List
  • Table 165. Research Programs/Design for This Report
  • Table 166. Key Data Information from Secondary Sources
  • Table 167. Key Data Information from Primary Sources

List of Figures

  • Figure 1. Multi-Factor Authentication (MFA) Product Picture
  • Figure 2. Global Multi-Factor Authentication (MFA) Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
  • Figure 3. Global Multi-Factor Authentication (MFA) Sales Value (2020-2031) & (US$ Million)
  • Figure 4. Multi-Factor Authentication (MFA) Report Years Considered
  • Figure 5. Global Multi-Factor Authentication (MFA) Players Revenue Ranking (2024) & (US$ Million)
  • Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Multi-Factor Authentication (MFA) Revenue in 2024
  • Figure 7. Multi-Factor Authentication (MFA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
  • Figure 8. Two-Factor Authentication Picture
  • Figure 9. Three-Factor Authentication Picture
  • Figure 10. Others Picture
  • Figure 11. Global Multi-Factor Authentication (MFA) Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 12. Global Multi-Factor Authentication (MFA) Sales Value Market Share by Type, 2024 & 2031
  • Figure 13. On-Premises Deployment Picture
  • Figure 14. Cloud-based Deployment Picture
  • Figure 15. Global Multi-Factor Authentication (MFA) Sales Value by Deployment Mode (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 16. Global Multi-Factor Authentication (MFA) Sales Value Market Share by Deployment Mode, 2024 & 2031
  • Figure 17. Product Picture of Financial Sector
  • Figure 18. Product Picture of Healthcare
  • Figure 19. Product Picture of Government & Public
  • Figure 20. Product Picture of Enterprises & E-Commerce
  • Figure 21. Product Picture of Education & Research Institutions
  • Figure 22. Product Picture of Others
  • Figure 23. Global Multi-Factor Authentication (MFA) Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 24. Global Multi-Factor Authentication (MFA) Sales Value Market Share by Application, 2024 & 2031
  • Figure 25. North America Multi-Factor Authentication (MFA) Sales Value (2020-2031) & (US$ Million)
  • Figure 26. North America Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • Figure 27. Europe Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 28. Europe Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • Figure 29. Asia Pacific Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 30. Asia Pacific Multi-Factor Authentication (MFA) Sales Value by Region (%), 2024 VS 2031
  • Figure 31. South America Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 32. South America Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • Figure 33. Middle East & Africa Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 34. Middle East & Africa Multi-Factor Authentication (MFA) Sales Value by Country (%), 2024 VS 2031
  • Figure 35. Key Countries/Regions Multi-Factor Authentication (MFA) Sales Value (%), (2020-2031)
  • Figure 36. United States Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 37. United States Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 38. United States Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 39. Europe Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 40. Europe Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 41. Europe Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 42. China Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 43. China Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 44. China Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 45. Japan Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 46. Japan Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 47. Japan Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 48. South Korea Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 49. South Korea Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 50. South Korea Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 51. Southeast Asia Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 52. Southeast Asia Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 53. Southeast Asia Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 54. India Multi-Factor Authentication (MFA) Sales Value, (2020-2031) & (US$ Million)
  • Figure 55. India Multi-Factor Authentication (MFA) Sales Value by Type (%), 2024 VS 2031
  • Figure 56. India Multi-Factor Authentication (MFA) Sales Value by Application (%), 2024 VS 2031
  • Figure 57. Multi-Factor Authentication (MFA) Industrial Chain
  • Figure 58. Multi-Factor Authentication (MFA) Manufacturing Cost Structure
  • Figure 59. Channels of Distribution (Direct Sales, and Distribution)
  • Figure 60. Bottom-up and Top-down Approaches for This Report
  • Figure 61. Data Triangulation
  • Figure 62. Key Executives Interviewed
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!