Multi-Factor Authentication Market: Industry Analysis And Detailed Profiles Of Top Industry Players
Transparency Market Research states, that the global multifactor authentication market is slated to be worth US$20,444.9 mn by 2025 from US$ 4,829.2 mn in 2016. During the forecast years of 2017 and 2025, the global multifactor authentication market is expected to surge at a CAGR of 17.7%.
The increasing number of cyber-attacks globally can have a positive impact on the growth of multi-factor authentication market. Increasing number of phishing, brute force and other authentication oriented attacks have been one of the significant factors affecting the multi-factor authentication market for the forecast period. Additionally government regulations like FIPS 140-2 by the U.S government could be one of the prominent factors affecting the multi-factor authentication market. Additionally European Union introduced General Data Protection Regulation (GDPR) where by all the countries within the European Union would be attaining higher security measures. This creates compliance among enterprises as they have to adhere to a lot similar regulations.
Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1400
Multi-factor authentication market can be majorly divided into three segments, namely authentication model, end-user industry and geographical regions. On the basis of the authentication models the multifactor-authentication market has been further segmented into three categories which are, two-factor authentication, three-factor authentication, and four-factor authentication. Two-factor authentication is a two-step verification process of combining any two of the four possible authentication parameters including possession, knowledge, genetics and location. Among all the models, two-factor authentication model could see a significant market share for the forecast period-2017-2025, as it is a cost-effective method for multi-factor authentication.
On the basis of the end-user industry segment, the multi-factor authentication market has been divided into BFSI, government, healthcare, retail, defense, telecom & IT, and others. Among all the sectors, BFSI is expected to show a significant market revenue share for the forecast period. This higher market revenue share is attributed to the increasing number of cyber-attacks on financial institutions. Furthermore, healthcare and retail sectors is expected to have a steady growth for the forecast period. The increased digitization of both the sectors could make them face security concerns, this could have a significant impact over the multi-factor authentication market.
View Our Report @ https://www.transparencymarketresearch.com/multi-factor-authentication-market.html
On the basis of geographies, the multi-factor authentication market can be divided into North America, South America, Europe, Asia Pacific and Middle East and Africa. Among all the regions, North America is expected to have the highest market revenue share. The growth in the North American region is majorly due to the countries such as United States and Canada. Furthermore, many companies from the multi-factor authentication market are significantly focusing on strategic mergers and acquisitions for deeper geographical penetration.
Some of the major players in the multi-factor authentication market are RSA Security, SecureAuth Coproration, Microsoft Corporation, CA Technologies, Symantec Corporation, Vasco Data Security International Inc., Okta Inc., Ping Identity, Gemalto, Entrust Datacard Corporation and HID Global Corporation.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Research Blog: http://www.techyounme.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Multi-Factor Authentication Market: Industry Analysis And Detailed Profiles Of Top Industry Players here
News-ID: 1058473 • Views: 226
More Releases from Transparency Market Research
High Nutritional Content Fuelling Demand For Yogurt Market
Rising awareness about the benefits of yogurt over curd is propelling the demand for yogurt among consumers Yogurt has lower sugar and fat content, making it preferable for health conscious customers. Besides, manufacturers are boosting the nutrition value by adding minerals, vitamins, and fiber in the product. For example, Arla foods, a food manufacturing company, has recently introduced fiber-rich yogurt. The yogurt has high protein content, adequate amount of
Increasing Inclination Towards Healthy Lifestyle To Propel Protein Supplements M …
According to a new report by Transparency Market Research (TMR), a leading market intelligence firm, the global protein supplements market is witnessing a tremendous rise in its valuation, thanks to the increased focus of consumers towards acquiring a healthy lifestyle. With the presence of a large number of players, such as GlaxoSmithKline Plc, Amway Corp., ABH Pharma Inc., Vitacost.com Inc., and Nu Skin Enterprises Inc., the competitive landscape in the
Ginger Market is expected to reach a valuation of US$4.18 bn by the end of 2022
The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. Read report Overview- https://www.transparencymarketresearch.com/ginger-market.html The dominant players in the global
Feather Meal Market: Import-Export, Industry Chain Structure and Development Opp …
A recent study published by Transparency Market Research on the feather meal market includes global industry analysis and opportunity assessment for 2020-2030. Revenue generated from the global feather meal market was valued at US$ 359.5 Mn in 2020, which is estimated to rise at a CAGR of 8.6%, to reach ~US$ 820 Mn by 2030. Obtain Report Details @ https://www.transparencymarketresearch.com/feather-meal-market.html global feather meal market Nutritive Value of Feather Meal to Influence Feather
More Releases for America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the