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Multifactor Authentication Market Strategic Focus with | SecurEnvoy Ltd, SecuGen Corporation, Entrust Datacard Corporation, Messe Frankfurt New Era Business Media Ltd. and More
Multifactor Authentication Market
Global multifactor authentication market is to register a healthy CAGR of 17.40% in the forecast period to 2026. The rise in the market value can be attributed to surging trend for bring your own device (BYOD) and increasing cyber-attacks.
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Top Key Competitors: Safran, Thales Group, NEC Corporation, 3M, Broadcom., FUJITSU, OneSpan Inc., HID Global Corporation/ASSA ABLOY AB., RSA Security LLC., SUPREMA., Crossmatch, Censornet, Duo, IDEMIA, ZKTECO CO., LTD.., Watchdata, SecurEnvoy Ltd, SecuGen Corporation, Entrust Datacard Corporation, Messe Frankfurt New Era Business Media Ltd. among others.
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Multifactor Authentication Market Drivers and Restraints:
Technological advancements in biometric and cloud-based authentication services, drives the market growth
Surging trend for BYOD and cloud-based services across enterprises, fosters the growth of the market
Strict security regulations and mandates, is benefiting the market growth
High complexity and cost involved in applying MFA solutions, hinders the market growth
Dynamic security guidelines and agreements, are expected to restrain the market growth
The report can answer the following questions:
This report provides an in-depth assessment of the Multifactor Authentication Market presented through sections such as:
Multifactor Authentication Market: Market Overview
Major Commercial Developments in the Industry
Market Trends and Dynamics of the Industry
Market Positioning of Major Market Players in the Industry
Current Market Scenario and Future Prospects of the Global Market
Competitive Landscape of the Market
Multifactor Authentication Market Revenue and Forecast by Technology, 2020-2026 ($ million)
Multifactor Authentication Market Revenue and Forecast by End-User, 2020-2026 ($ million)
Multifactor Authentication Market Revenue and Forecast by Geography, 2020-2026 ($ million)
Geographic Coverage
Multifactor Authentication Market Size and Forecast
Multifactor Authentication Market Size and Forecast
Multifactor Authentication Market on the basis of geography is divided into - North America, APAC, Europe, and Rest of the world. North America contributes a largest share in the global market, owing to the rapid development of sector in the US. However, Asia Pacific is expected to be the fastest growing market in the global market over the forecast period. This is mainly due to rapid urbanization and industrialization in the emerging economies of the region, especially in China and India.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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