Multi-factor Authentication Market is Rapidly Growing with Huge Application Scope by 2026 | Leading Companies: CA Technologies, Fujitsu, Gemalto NV, NEC, RSA Security LLC
The key players profiled in the market include:
* CA Technologies, Inc.
* Fujitsu Limited
* Gemalto NV
* NEC Corporation
* RSA Security LLC
* Safran Group
* SecureAuth Coproration
* Suprema HQ Inc.
* Symantec VIP
* VASCO Data Security International, Inc.
These enterprises are focusing on growth strategies, such as, technological advancements, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Multifactor authentication models are principally used for ensuring the safety of the sensitive information, which is paramount importance. Thus, the governments, finance, and banking sectors are increasingly adopting the module to secure their important files, data, and information.
Some of the major factors which are driving the growth of the market include, increase in data breaches and cyber–attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises. However, false security and high cost is a key restraint for the market.
The multi-factor authentication market is primarily segmented based on authentication model, by end-user, and region.
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Scope of global multi-factor authentication market includes by Authentication Model (Two-factor Authentication, Three-factor Authentication, Four-factor Authentication), by End-User (BFSI, Government & Defense, IT & Telecom, Healthcare, Retail, Others), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, research and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and product trends and dynamics, and product capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their Market impacts using the weighted average analysis to derive the Market growth rate.
Key Benefits of the Report:
* Global, regional, by authentication model, and by end-user wise market size and their forecast from 2015-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on product outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key product, and unique selling points
* Analysis on key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, by authentication model, and by end-user with qualitative and quantitative information and facts
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There are Chapters to thoroughly display the Multi-factor Authentication Market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.
1. Executive Summary
2. Methodology and Scope
2.1. Research Methodology
2.2. Research Scope and Assumptions
3. Multi-factor Authentication Market— Market Overview
3.1. Market Segmentation and Scope
3.2. Market Size and Growth Prospects
3.3. Multi-factor Authentication Market— Value Chain
3.4. Multi-factor Authentication Market— Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Challenge Analysis
3.4.3. Market Opportunity Analysis
3.4.4. Market Restraint Analysis
3.5. Multi-factor Authentication Market- Porter's Five Forces
3.5.1. Bargaining Power of Buyers
3.5.2. Bargaining Power of Suppliers
3.5.3. Competitive Rivalry
3.5.4. Threat of New Entrants
3.5.5. Threat of Substitutes
3.6. Multi-factor Authentication Market- PEST Analysis
3.6.1. Political Factors
3.6.2. Economic Factors
3.6.3. Social Factors
3.6.4. Technological Factors
3.7. Multi-factor Authentication Market- Industry Trends
3.7.1. Multi-factor Authentication Market: Current & Emerging Trends
4. Multi-factor Authentication Market by Authentication Model Outlook
4.1. Multi-factor Authentication Market Share, by Authentication Model, 2018 & 2026
4.2. Two-factor Authentication
4.2.1. Multi-factor Authentication Market, by Two-factor Authentication, 2015 - 2026
4.3. Three-factor Authentication
4.3.1. Multi-factor Authentication Market, by Three-factor Authentication, 2015 - 2026
4.4. Four-factor Authentication
4.4.1. Multi-factor Authentication Market, by Four-factor Authentication, 2015 - 2026
5. Multi-factor Authentication Market by End-User Outlook
5.1. Multi-factor Authentication Market Share, by End-User, 2018 & 2026
5.2.1. Multi-factor Authentication Market, by BFSI, 2015 - 2026
5.3. Government & Defense
5.3.1. Multi-factor Authentication Market, by Government & Defense, 2015 - 2026
5.4. IT & Telecom
5.4.1. Multi-factor Authentication Market, by IT & Telecom, 2015 - 2026
5.5.1. Multi-factor Authentication Market, by Retail, 2015 - 2026
5.6.1. Multi-factor Authentication Market, by Healthcare, 2015 - 2026
5.7.1. Multi-factor Authentication Market, by Others, 2015 - 2026
6. Multi-factor Authentication Market Regional Outlook
7. Competitive Landscape
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