Multi-Factor Authentication Market Trend to 2023 Profiling CA Technologies, Fujitsu, VASCO Data Security, HID Global, RSA Security, Morpho, Gemalto, NEC, Entrust Inc., Symantec Corporation

The Global Multi-Factor Authentication (MFA) market is valued at 6230 million in 2017 and is expected to reach 16800 million by the end of 2023, growing at a CAGR of 18.0% between 2017 and 2023.

Banking, financial services and insurance (BFSI) segment contributed a largest market share during the forecast period owing to growing need for secure identification and verification techniques. By geography, North America commanded the largest market share due to plenty IT infrastructures and more financial institutions & companies in this region.

Multi-factor authentication (MFA) comes with different models such as two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. The two-factor authentication includes smart card with pin, smart card with biometric technology, biometric technology with pin, two biometric authentications, and one time password with pin. The three authentications include smart card with pin and biometric technology, smart card with two biometric technologies, pin with two biometric technologies, and three biometric authentications. On the other hand, four- and five-factor authentication includes the use of smart card and pin with more than one biometric technology such as face recognition, fingerprint recognition, voice recognition, and so on. MFA model using two factors is gaining popularityin the market; occupying almost 90.88% of its share as of 2017, followed by three-, four-, and five-factor authentication respectively.

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MFA is popular due to the high degree of security and is much better than a single username and password combination. Different models of MFA have found various applications in verticals: BFSI, government, immigration & travel, commercial security, electronics and healthcare.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Multi-Factor Authentication (MFA).

Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

Scope of the Report:
This report focuses on the Multi-Factor Authentication Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

Multi-Factor Authentication Market Segment by Top Manufacturers Including:
Morpho (France), Gemalto (Netherlands), NEC (Japan), Entrust Inc. (US), CA Technologies (US), Fujitsu (Japan), VASCO Data Security (US), HID Global (US), RSA Security (US), Symantec Corporation (US), SecurEnvoy ltd (England), Crossmatch (US), Duo Secuirty (US), Deepnet Security (England) & CensorNet Ltd. (England).

Multi-Factor Authentication Market Segment by Regions, regional analysis covers:
North America (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, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Multi-Factor Authentication Market Segment by Type covers
• Two-Factor Authentication
• Three-Factor Authentication
• Other (Four-Factor Authentication and Five-Factor Authentication)

Market Segment by Applications can be divided into:
• Banking and Finance
• Government
• Travel and Immigration
• Military and Defense
• Commercial Security
• Consumer Electronics
• Healthcare
• Other

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There are 15 Chapters to deeply display the global Multi-Factor Authentication market.

Chapter 1, to describe Multi-Factor Authentication Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Multi-Factor Authentication, with sales, revenue, and price of Multi-Factor Authentication, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Multi-Factor Authentication, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Multi-Factor Authentication market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Multi-Factor Authentication sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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