일본과 해외의 조사회사나 출판사로부터 출판된 산업 조사 보고서 및 데이터 판매 · 연간 서비스 · 맞춤 정보 제공 ChosaReport-Korea 주식회사 SEMABIZ

다요소 인증 (MFA) 시장조사 보고서

조사회사 : MarketsandMarkets (마켓츠앤마켓츠)   출판년월 : 2023년10월

Multi-Factor Authentication Market – Global Forecast to 2028

다요소 인증 (MFA) 시장 : 인증 유형(비밀번호 기반 인증, 비밀번호가 없는 인증), 구성 요소(하드웨어, 소프트웨어, 서비스), 모델 유형, 최종 사용자 산업 및 지역별 – 2028년까지의 세계 예측
Multi-Factor Authentication Market by Authentication Type (Password-Based Authentication, Passwordless Authentication), Component (Hardware, Software, Services), Model Type, End User Industry and Region – Global Forecast to 2028

페이지 수 286
도표 수 394
구성 영문조사보고서
가격

    주문/문의    납기/라이센스안내

Report Overview

The global MFA market size is projected to grow from USD 15.2 billion in 2023 to USD 34.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. The MFA market is propelled by key factors shaping its growth trajectory. These include rising security breaches and sophisticated cyberattacks leading to financial and reputational loss. Furthermore, the scarcity of skilled cybersecurity professionals may hinder market growth.

다요소 인증 (MFA) 시장조사 보고서

“By end-user industry, BFSI industry holds the largest market size.”
The BFSI industry is at the forefront of adopting the latest technologies related to MFA as it holds highly confidential information, such as the financial data of customers, user IDs, passwords, and other personal information. The industry is an early adopter of cutting-edge MFA solutions as they possess highly sensitive financial data. Government mandates such as the Personal Information Protection and Electronic Documents Act (PIPEDA), Gramm-Leach-Bliley Act (GLBA), Federal Financial Institutions Examination Council (FFIEC), along with standards that include Payment Card Industry Data Security Standard (PCI DSS), and Sarbanes–Oxley Act (SOX), require financial institutions to ensure protection from cyber criminals. Such regulations mandate the use of MFA in the BFSI industry to increase security. Moreover, the increased need for digitalization with the rise in online banking services, eCommerce activities, and stringent regulatory compliance are expected to drive the MFA market growth.


“By model type, four-factor authentication segment to grow at highest CAGR during the forecast period.”
An authentication system is highly secure when the user provides many identification factors. Earlier, single-factor authentication was usually accomplished by providing “something you know,” such as a password or PIN. The fourth factor is most referred to as location (where you are) but could also be a matter of time, or in some people’s opinion, even a performance, an exhibition, or even other people.
Four-factor authentication is achieved by requiring possession, location, a biometric, and a knowledge factor or by requiring location, a biometric, and two knowledge factors. Additional security parameters have encouraged companies to adopt such solutions to avoid cyberattacks. The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.

Multi-Factor Authentication Market - Global Forecast to 2028 - region

“By region, North America holds the largest market size.”
North America leads the global MFA market in terms of the presence of the world’s most significant number of MFA vendors. North America is the most advanced region regarding security technology adoption and infrastructure. The major growth drivers for this region are the widespread adherence to data compliance regulations and cloud deployments. Various security-related regulatory compliances control the overall protection of the communication infrastructures in the North American region. Moreover, due to the high adoption of cloud-based applications in North America, cyberattacks are increasing and becoming more sophisticated. Hence, industries in the region are increasingly implementing extensive MFA solutions. Moreover, North America is home to major MFA vendors such as Microsoft, Broadcom, OneSpan, OKTA, and Micro Focus. The presence of such prominent vendors drives the adoption of MFA solutions and services in the region.
 
Breakdown of primaries
The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C-level – 40%, Director-35%,  & other– 25%
• By Region: North America – 30%, Europe – 20%, Asia Pacific – 45%, rest of World-5%


Major vendors in the global MFA market include Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US). The study includes an in-depth competitive analysis of the key players in the MFA market, their company profiles, recent developments, and key market strategies.

Multi-Factor Authentication Market - Global Forecast to 2028 - ecosystem


Research Coverage
The report segments the MFA market and forecasts its size by Authentication Type (Password-Based, Passwordless), Component (Hardware, Software, Services), by Model Type (Two-factor authentication, Three-factor authentication, Four-factor authentication, Five-factor authentication), by End-user Industry (BFSI, Government, Travel & Immigration, Military & Defense, Commercial Security, Healthcare, IT & ITeS, Telecom, Media & Entertainment, Other End-user Industry), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).   
The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.


Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall MFA market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities. 


The report provides insights on the following pointers:
• Analysis of key drivers (Growing adoption of BYOD, CYOD, and WFH trends, Rising security breaches and sophisticated cyberattacks leading to financial and reputational loss, Stringent government regulations to increase the adoption of MFA solutions, Rising instances of identity theft and fraud), restraints (High cost and technical complexities in implementing MFA solutions, Increasing response time in higher-order authentication model), opportunities (Proliferation of cloud-based MFA solutions and services, Rising adoption of interconnected devices in the IoT environment, High volume of online transactions) and challenges (Lack of awareness related to MFA among enterprises, Scarcity of skilled cybersecurity professionals) 
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the MFA market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the MFA market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the MFA market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US) and among others in the MFA market strategies. 

Table of Contents

1            INTRODUCTION            47

1.1         STUDY OBJECTIVES      47

1.2         MARKET DEFINITION   47

1.2.1      INCLUSIONS AND EXCLUSIONS 48

1.3         MARKET SCOPE             49

1.3.1      MARKET SEGMENTATION         49

1.3.2      REGIONS COVERED      50

1.3.3      YEARS CONSIDERED     50

1.4         CURRENCY CONSIDERED          51

TABLE 1             USD EXCHANGE RATES, 2018–2022         51

1.5         STAKEHOLDERS            51

1.6         SUMMARY OF CHANGES            52

2            RESEARCH METHODOLOGY     53

2.1         RESEARCH DATA           53

FIGURE 1           MULTI-FACTOR AUTHENTICATION MARKET: RESEARCH DESIGN              53

2.1.1      SECONDARY DATA       54

2.1.2      PRIMARY DATA 54

2.1.2.1   Breakdown of primary profiles         55

FIGURE 2           BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    55

2.1.2.2   Key insights from industry experts   55

2.2         DATA TRIANGULATION AND MARKET BREAKUP           56

FIGURE 3           MULTI-FACTOR AUTHENTICATION MARKET: DATA TRIANGULATION          56

2.3         MARKET SIZE ESTIMATION       56

FIGURE 4           MULTI-FACTOR AUTHENTICATION MARKET ESTIMATION: RESEARCH FLOW           57

2.3.1      REVENUE ESTIMATES   58

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1, SUPPLY-SIDE ANALYSIS: REVENUE OF HARDWARE, SOLUTIONS, AND SERVICES FROM VENDORS        58

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1, SUPPLY-SIDE ANALYSIS             59

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL HARDWARE, SOLUTIONS, AND SERVICES OF VENDORS         59

2.3.2      DEMAND-SIDE ANALYSIS           60

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3, TOP-DOWN (DEMAND SIDE)    60

2.4         MARKET FORECAST      60

TABLE 2             FACTOR ANALYSIS        60

2.5         RECESSION IMPACT AND ASSUMPTIONS           61

2.5.1      RECESSION IMPACT      61

2.5.2      ASSUMPTIONS 62

2.6         LIMITATIONS   62

FIGURE 9           LIMITATIONS   62

3            EXECUTIVE SUMMARY 63

TABLE 3             MULTI-FACTOR AUTHENTICATION MARKET SIZE AND GROWTH RATE, 2017–2022 (USD MILLION, Y-O-Y %)      63

TABLE 4             MULTI-FACTOR AUTHENTICATION MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y %)      64

FIGURE 10         GLOBAL MULTI-FACTOR AUTHENTICATION MARKET SIZE AND Y-O-Y GROWTH RATE       64

FIGURE 11         NORTH AMERICA TO DOMINATE MARKET IN 2023        65

4            PREMIUM INSIGHTS      66

4.1         BRIEF OVERVIEW OF MULTI-FACTOR AUTHENTICATION MARKET              66

FIGURE 12         GROWING INSTANCES OF DATA BREACHES, RISING ADOPTION OF BYOD TRENDS, AND STRINGENT REGULATIONS TO DRIVE MARKET            66

4.2         MULTI-FACTOR AUTHENTICATION MARKET: BY AUTHENTICATION TYPE, 2023         67

FIGURE 13         PASSWORD-BASED AUTHENTICATION SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD  67

4.3         MULTI-FACTOR AUTHENTICATION MARKET: BY COMPONENT, 2023              67

FIGURE 14         SOFTWARE SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD     67

4.4         MULTI-FACTOR AUTHENTICATION MARKET: BY MODEL TYPE, 2023              68

FIGURE 15         TWO-FACTOR AUTHENTICATION TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD        68

4.5         MULTI-FACTOR AUTHENTICATION MARKET SHARE: TOP THREE END-USE INDUSTRIES AND REGIONS, 2023        68

FIGURE 16         BFSI END-USE INDUSTRY AND NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023          68

4.6         MARKET INVESTMENT SCENARIO         69

FIGURE 17         ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS      69

5            MARKET OVERVIEW AND INDUSTRY TRENDS   70

5.1         INTRODUCTION            70

5.2         MARKET DYNAMICS     70

FIGURE 18         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: MULTI-FACTOR AUTHENTICATION MARKET   70

5.2.1      DRIVERS            71

5.2.1.1   Growing adoption of BYOD, CYOD, and WFH trends 71

5.2.1.2   Rising security breaches and sophisticated cyberattacks to lead to financial and reputational loss  71

5.2.1.3   Stringent government regulations to increase adoption of MFA solutions 71

5.2.1.4   Rising instances of identity theft and fraud    72

5.2.2      RESTRAINTS     72

5.2.2.1   High cost and technical complexities             72

5.2.2.2   More time-consuming than two-factor authentication systems   73

5.2.3      OPPORTUNITIES           73

5.2.3.1   Proliferation of cloud-based MFA solutions and services            73

5.2.3.2   Growing adoption of interconnected devices in IoT environment             73

5.2.3.3   Increasing digital banking and online transactions       74

5.2.4      CHALLENGES   74

5.2.4.1   Lack of awareness regarding MFA solutions   74

5.2.4.2   Scarcity of skilled cybersecurity professionals 74

5.3         CASE STUDY ANALYSIS 75

5.3.1      PING IDENTITY IMPROVED BOOKING RECONCILIATION PROCESS OF PAMEIJER ACROSS ALL BUSINESS UNITS             75

5.3.2      AMERIGAS DEPLOYED DUO SECURITY’S MFA TO ACHIEVE PCI-DSS COMPLIANCE   75

5.3.3      BROWARD COLLEGE IMPLEMENTED ONELOGIN MULTI-FACTOR AUTHENTICATION TO OFFER ACCESS MANAGEMENT 76

5.3.4      OKTA DELIVERED BLACKHAWK NETWORK CENTRALIZED, SCALABLE PLATFORM AND SAFEGUARDED BACKEND BY EXTENDING SSO AND MFA              77

5.4         VALUE CHAIN ANALYSIS            78

FIGURE 19         MULTI-FACTOR AUTHENTICATION MARKET: VALUE CHAIN ANALYSIS          78

5.5         ECOSYSTEM     79

FIGURE 20         MULTI-FACTOR AUTHENTICATION MARKET: ECOSYSTEM              79

5.6         PORTER’S FIVE FORCES ANALYSIS         79

TABLE 5             PORTER’S FIVE FORCES ANALYSIS         79

FIGURE 21         MULTI-FACTOR AUTHENTICATION MARKET: PORTER’S FIVE FORCES ANALYSIS         80

5.6.1      THREAT OF NEW ENTRANTS    80

5.6.2      THREAT OF SUBSTITUTES         81

5.6.3      BARGAINING POWER OF SUPPLIERS     81

5.6.4      BARGAINING POWER OF BUYERS           81

5.6.5      INTENSITY OF COMPETITIVE RIVALRY 81

5.7         PRICING ANALYSIS        82

5.7.1      OKTA   82

5.7.2      ONELOGIN       82

5.8         TECHNOLOGY ANALYSIS           83

5.8.1      OUT-OF-BAND AUTHENTICATION        83

5.8.2      BUILT-IN FINGERPRINT READERS         83

5.8.3      BAKED-IN AUTHENTICATION  83

5.9         PATENT ANALYSIS        84

FIGURE 22         LIST OF MAJOR PATENTS FOR MULTI-FACTOR AUTHENTICATION MARKET     84

TABLE 6             LIST OF PATENTS IN MULTI-FACTOR AUTHENTICATION MARKET, 2023  85

5.10       TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS/CLIENTS’ BUSINESSES      86

FIGURE 23         MULTI-FACTOR AUTHENTICATION MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS/CLIENTS’ BUSINESSES 86

5.11       TECHNOLOGY ROADMAP         86

TABLE 7             MULTI-FACTOR AUTHENTICATION MARKET: TECHNOLOGY ROADMAP         86

5.12       BUSINESS MODEL ANALYSIS     87

TABLE 8             MULTI-FACTOR AUTHENTICATION MARKET: BUSINESS MODEL ANALYSIS         87

5.13       EVOLUTION OF MULTI-FACTOR AUTHENTICATION    88

5.14       REGULATORY LANDSCAPE       89

5.14.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          89

TABLE 9             LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89

5.14.2    CRIMINAL JUSTICE INFORMATION SYSTEM SECURITY POLICY 90

5.14.3    PAYMENT CARD INDUSTRY DATA SECURITY STANDARD          90

5.14.4    FFIEC AUTHENTICATION IN AN INTERNET BANKING ENVIRONMENT              90

5.14.5    FAIR AND ACCURATE CREDIT TRANSACTION ACT        90

5.14.6    IDENTITY THEFT RED FLAGS   90

5.14.7    HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT              91

5.14.8    SARBANES-OXLEY ACT 91

5.14.9    GRAMM-LEACH-BLILEY ACT     91

5.15       HS CODES         92

TABLE 10           EXPORT SCENARIO FOR HS CODE 8301, BY COUNTRY, 2022 (KG)     92

TABLE 11           IMPORT SCENARIO FOR HS CODE 8301, BY COUNTRY, 2022 (KG)     92

5.16       KEY STAKEHOLDERS AND BUYING CRITERIA    93

5.16.1    KEY STAKEHOLDERS IN BUYING PROCESS         93

FIGURE 24         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS             93

TABLE 12           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS             93

5.16.2    BUYING CRITERIA         94

FIGURE 25         KEY BUYING CRITERIA FOR TOP THREE END USERS      94

TABLE 13           KEY BUYING CRITERIA FOR TOP THREE END USERS      94

5.17       KEY CONFERENCES AND EVENTS, 2023–2024     95

TABLE 14           MULTI-FACTOR AUTHENTICATION MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024             95

6            MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE    96

6.1         INTRODUCTION            97

6.1.1      AUTHENTICATION TYPE: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS         97

FIGURE 26         PASSWORDLESS AUTHENTICATION SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD       97

TABLE 15           MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     98

TABLE 16           MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     98

6.2         PASSWORD-BASED AUTHENTICATION 98

6.2.1      EASY INTEGRATION OF PASSWORD-BASED AUTHENTICATION INTO VARIOUS SYSTEMS, APPLICATIONS, AND DEVICES TO DRIVE ITS ADOPTION              98

TABLE 17           PASSWORD-BASED AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     99

TABLE 18           PASSWORD-BASED AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     99

6.3         PASSWORDLESS AUTHENTICATION      99

6.3.1      PASSWORDLESS AUTHENTICATION TO USE UNIQUE BIOMETRIC ATTRIBUTES AND ELIMINATE ISSUE OF REMEMBERING PASSWORDS   99

TABLE 19           PASSWORDLESS AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     100

TABLE 20           PASSWORDLESS AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     100

7            MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT              101

7.1         INTRODUCTION            102

7.1.1      COMPONENT: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS              102

FIGURE 27         SOFTWARE SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD     102

TABLE 21           MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           103

TABLE 22           MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           103

7.2         HARDWARE      103

7.2.1      HARDWARE-BASED MFA METHODS TO PROVIDE ROBUST AUTHENTICATION AND SIGNIFICANTLY REDUCE RISK OF UNAUTHORIZED ACCESS 103

TABLE 23           HARDWARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       104

TABLE 24           HARDWARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       104

7.3         SOFTWARE       104

7.3.1      MFA SOFTWARE TO HELP BUSINESSES COMPLY WITH REGULATORY NORMS WHILE SECURING THEIR CONFIDENTIAL DATA            104

TABLE 25           SOFTWARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       105

TABLE 26           SOFTWARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       105

7.4         SERVICES          105

7.4.1      MFA SERVICES TO DEPLOY, EXECUTE, AND MAINTAIN MFA PLATFORMS IN ORGANIZATIONS          105

TABLE 27           SERVICES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       106

TABLE 28           SERVICES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       106

8            MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE 107

8.1         INTRODUCTION            108

8.1.1      MODEL TYPE: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS              108

FIGURE 28         TWO-FACTOR AUTHENTICATION SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD    109

TABLE 29          MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)          109

TABLE 30          MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)          109

8.2         TWO-FACTOR AUTHENTICATION         110

8.2.1      NEED FOR ADDITIONAL LAYER OF SECURITY AND REMAIN COMPLIANT TO DRIVE ADOPTION OF TWO-FACTOR AUTHENTICATION              110

TABLE 31           TWO-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     110

TABLE 32           TWO-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     110

TABLE 33           TWO-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY TYPE, 2017–2022 (USD MILLION)          111

TABLE 34           TWO-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY TYPE, 2023–2028 (USD MILLION)          111

8.2.2      SMART CARD WITH PIN              111

8.2.2.1   Need for high level of security and protect sensitive consumer and company data with smart cards and PINs to drive market     111

TABLE 35           TWO-FACTOR AUTHENTICATION: SMART CARD WITH PIN MARKET, BY REGION, 2017–2022 (USD MILLION)            112

TABLE 36           TWO-FACTOR AUTHENTICATION: SMART CARD WITH PIN MARKET, BY REGION, 2023–2028 (USD MILLION)            112

8.2.3      SMART CARD WITH BIOMETRIC TECHNOLOGY             112

8.2.3.1   Smart cards with biometric technology to control access to buildings, secure areas, and IT systems     112

TABLE 37           TWO-FACTOR AUTHENTICATION: SMART CARD WITH BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION)              113

TABLE 38           TWO-FACTOR AUTHENTICATION: SMART CARD WITH BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)              113

8.2.4      BIOMETRIC TECHNOLOGY WITH PIN   113

8.2.4.1   Biometric technology with PIN to be used for various financial applications              113

TABLE 39           TWO-FACTOR AUTHENTICATION: BIOMETRIC TECHNOLOGY WITH PIN MARKET, BY REGION, 2017–2022 (USD MILLION)        114

TABLE 40           TWO-FACTOR AUTHENTICATION: BIOMETRIC TECHNOLOGY WITH PIN MARKET, BY REGION, 2023–2028 (USD MILLION)        114

8.2.5      TWO-FACTOR BIOMETRIC TECHNOLOGY         114

8.2.5.1   Two-factor biometric technology to safeguard assets and maintain trust   114

TABLE 41           TWO-FACTOR AUTHENTICATION: TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION)             115

TABLE 42           TWO-FACTOR AUTHENTICATION: TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)             115

8.2.6      ONE-TIME PASSWORD WITH PIN           115

8.2.6.1   OTP with PIN to secure access to corporate systems and mobile apps      115

TABLE 43           TWO-FACTOR AUTHENTICATION: ONE-TIME PASSWORD WITH PIN MARKET, BY REGION, 2017–2022 (USD MILLION)        116

TABLE 44           TWO-FACTOR AUTHENTICATION: ONE-TIME PASSWORD WITH PIN MARKET, BY REGION, 2023–2028 (USD MILLION)        116

8.3         THREE-FACTOR AUTHENTICATION      116

8.3.1      INCREASING CLOUD COMPUTING USAGE TO DRIVE ADOPTION OF THREE-FACTOR AUTHENTICATION      116

TABLE 45           THREE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     117

TABLE 46           THREE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     117

TABLE 47           THREE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY TYPE, 2017–2022 (USD MILLION)          117

TABLE 48           THREE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY TYPE, 2023–2028 (USD MILLION)          118

8.3.2      SMART CARD WITH PIN AND BIOMETRIC TECHNOLOGY           118

8.3.2.1   High resilience to various forms of attacks, including phishing, credential theft, and identity fraud, to drive market   118

TABLE 49           THREE-FACTOR AUTHENTICATION: SMART CARD WITH PIN AND BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION)          118

TABLE 50           THREE-FACTOR AUTHENTICATION: SMART CARD WITH PIN AND BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)          119

8.3.3      SMART CARD WITH TWO-FACTOR BIOMETRIC TECHNOLOGY 119

8.3.3.1   Need for handling sensitive data in healthcare and finance and preventing data breaches to drive demand for smart card        119

TABLE 51           THREE-FACTOR AUTHENTICATION: SMART CARD WITH TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION) 119

TABLE 52           THREE-FACTOR AUTHENTICATION: SMART CARD WITH TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 120

8.3.4      PIN WITH TWO-FACTOR BIOMETRIC TECHNOLOGY    120

8.3.4.1   Need for superior security, compliance with legal requirements, and durability against online threats to drive market            120

TABLE 53           THREE-FACTOR AUTHENTICATION: PIN WITH TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION)              120

TABLE 54           THREE-FACTOR AUTHENTICATION: PIN WITH TWO-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)              121

8.3.5      THREE-FACTOR BIOMETRIC TECHNOLOGY     121

8.3.5.1   Three-factor biometric technology to impersonate legitimate users and reduce risk of identity theft    121

TABLE 55           THREE-FACTOR AUTHENTICATION: THREE-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2017–2022 (USD MILLION)              121

TABLE 56           THREE-FACTOR AUTHENTICATION: THREE-FACTOR BIOMETRIC TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)              122

8.4         FOUR-FACTOR AUTHENTICATION        122

8.4.1      NEED TO LEVERAGE FOUR DISTINCT AUTHENTICATION FACTORS TO VERIFY USER IDENTITY AND ENHANCE SECURITY TO UNPRECEDENTED LEVELS 122

TABLE 57           FOUR-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     122

TABLE 58           FOUR-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     123

8.5         FIVE-FACTOR AUTHENTICATION          123

8.5.1      5FA TO OFFER HIGH LEVEL OF SECURITY TO SAFEGUARD DATA AND TECHNOLOGY 123

TABLE 59           FIVE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     123

TABLE 60           FIVE-FACTOR AUTHENTICATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     124

9            MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY              125

9.1         INTRODUCTION            126

9.1.1      END-USE INDUSTRY: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS            126

FIGURE 29         BFSI SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD       128

TABLE 61           MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)   128

TABLE 62           MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)   129

9.2         BFSI      129

9.2.1      NEED TO PROTECT HIGHLY CONFIDENTIAL INFORMATION AND HELP SECURE GOVERNMENT DATA TO DRIVE MARKET             129

TABLE 63           BFSI: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       130

TABLE 64           BFSI: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       130

9.3         GOVERNMENT 130

9.3.1      DIGITALIZATION OF GOVERNMENT AND DEFENSE PROCESSES AND SAFEGUARD GOVERNMENT DATA FROM BREACHES TO DRIVE MARKET              130

TABLE 65           GOVERNMENT: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)  131

TABLE 66           GOVERNMENT: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)  131

9.4         TRAVEL & IMMIGRATION          131

9.4.1      MULTI-FACTOR AUTHENTICATION TO CAPTURE, MANAGE, AND APPLY IDENTITY DATA ACROSS DIGITAL CHANNELS   131

TABLE 67           TRAVEL & IMMIGRATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)            132

TABLE 68           TRAVEL & IMMIGRATION: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)            132

9.5         MILITARY & DEFENSE   132

9.5.1      DEFENSE SEGMENT TO UTILIZE BIOMETRICS TO TACKLE CYBERATTACKS            132

TABLE 69           MILITARY & DEFENSE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)            133

TABLE 70           MILITARY & DEFENSE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)            133

9.6         COMMERCIAL SECURITY           133

9.6.1      ORGANIZATIONS TO SAFEGUARD CLIENT DATA AND ASSETS WITH MULTI-FACTOR AUTHENTICATION      133

TABLE 71           COMMERCIAL SECURITY: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)            134

TABLE 72           COMMERCIAL SECURITY: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)            134

9.7         HEALTHCARE  134

9.7.1      MULTI-FACTOR AUTHENTICATION SOLUTIONS TO ADDRESS DATA SECURITY, PATIENT SAFETY, AND PRODUCTIVITY       134

TABLE 73           HEALTHCARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)  135

TABLE 74           HEALTHCARE: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)  135

9.8         IT & ITES            135

9.8.1      RAPID ADOPTION IN WFH POLICY AND FOCUS ON MAINTAINING SECURITY OF HYBRID IT ENVIRONMENTS TO DRIVE MARKET  135

TABLE 75           IT & ITES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       136

TABLE 76           IT & ITES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       136

9.9         TELECOM         137

9.9.1      ADVENT OF 5G TECHNOLOGY AND INTERNET OF THINGS TO DRIVE MARKET            137

TABLE 77           TELECOM: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)       137

TABLE 78           TELECOM: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)       137

9.10       MEDIA & ENTERTAINMENT      138

9.10.1    MULTI-FACTOR AUTHENTICATION TO SECURE VALUABLE INTELLECTUAL PROPERTY       138

TABLE 79           MEDIA & ENTERTAINMENT: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     138

TABLE 80           MEDIA & ENTERTAINMENT: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     138

9.11       OTHER END-USE INDUSTRIES  139

TABLE 81           OTHER END-USE INDUSTRIES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)     139

TABLE 82           OTHER END-USE INDUSTRIES: MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)     139

10          MULTI-FACTOR AUTHENTICATION MARKET, BY REGION         140

10.1       INTRODUCTION            141

FIGURE 30         ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       141

TABLE 83           MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2017–2022 (USD MILLION)          141

TABLE 84           MULTI-FACTOR AUTHENTICATION MARKET, BY REGION, 2023–2028 (USD MILLION)          142

10.2       NORTH AMERICA          142

10.2.1    NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS            142

10.2.2    NORTH AMERICA: RECESSION IMPACT 143

10.2.3    NORTH AMERICA: REGULATORY LANDSCAPE  143

FIGURE 31         NORTH AMERICA: MARKET SNAPSHOT 144

TABLE 85           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          144

TABLE 86           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          145

TABLE 87           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)  145

TABLE 88           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)  145

TABLE 89           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)   145

TABLE 90           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)   146

TABLE 91           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)              146

TABLE 92           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)              146

TABLE 93           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)              147

TABLE 94           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)              147

TABLE 95           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)     147

TABLE 96           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     148

TABLE 97           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2017–2022 (USD MILLION)         148

TABLE 98           NORTH AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         148

10.2.4    US         149

10.2.4.1 Presence of stringent laws, growing internet penetration, and government initiatives to adopt MFA to drive market        149

TABLE 99           US: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     149

TABLE 100         US: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     149

TABLE 101         US: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           150

TABLE 102         US: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           150

TABLE 103         US: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)             150

TABLE 104         US: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)             150

TABLE 105         US: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)   151

TABLE 106         US: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)   151

10.2.5    CANADA            152

10.2.5.1 Increased occurrence of online fraud, terrorist attacks, and bad bot attacks to drive market   152

TABLE 107         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     152

TABLE 108         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     152

TABLE 109         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           153

TABLE 110         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           153

TABLE 111         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            153

TABLE 112         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            153

TABLE 113         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 154

TABLE 114         CANADA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 154

10.3       EUROPE             155

10.3.1    EUROPE: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS              155

10.3.2    EUROPE: RECESSION IMPACT   155

10.3.3    EUROPE: REGULATORY LANDSCAPE    156

TABLE 115         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     156

TABLE 116         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     157

TABLE 117         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           157

TABLE 118         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           157

TABLE 119         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            157

TABLE 120         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            158

TABLE 121         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)   158

TABLE 122         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)   158

TABLE 123         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION) 159

TABLE 124         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION) 159

TABLE 125         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 159

TABLE 126         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 160

TABLE 127         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2017–2022 (USD MILLION)    160

TABLE 128         EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    160

10.3.4    UK         161

10.3.4.1 Increasing identity fraud to boost adoption of MFA     161

TABLE 129         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     161

TABLE 130         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     161

TABLE 131         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           162

TABLE 132         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           162

TABLE 133         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)             162

TABLE 134         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)             162

TABLE 135         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)   163

TABLE 136         UK: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)   163

10.3.5    GERMANY         164

10.3.5.1 Rising innovative technologies and need to combat financial crimes to drive market   164

TABLE 137         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     164

TABLE 138         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     164

TABLE 139         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           165

TABLE 140         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           165

TABLE 141         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            165

TABLE 142         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            165

TABLE 143         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 166

TABLE 144         GERMANY: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 166

10.3.6    FRANCE             167

10.3.6.1 Guidelines of French Data Protection Authority to adopt MFA to drive market              167

TABLE 145         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     167

TABLE 146         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     167

TABLE 147         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           168

TABLE 148         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           168

TABLE 149         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            168

TABLE 150         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            168

TABLE 151         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 169

TABLE 152         FRANCE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 169

10.3.7    ITALY   170

10.3.7.1 Consistent growth in cybersecurity and need to comply with GDPR to drive market   170

TABLE 153         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     170

TABLE 154         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     170

TABLE 155         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           170

TABLE 156         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           171

TABLE 157         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            171

TABLE 158         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            171

TABLE 159         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         172

TABLE 160         ITALY: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         172

10.3.8    REST OF EUROPE           173

TABLE 161         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          173

TABLE 162         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          173

TABLE 163         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)  174

TABLE 164         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)  174

TABLE 165         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)   174

TABLE 166         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)   174

TABLE 167         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)     175

TABLE 168         REST OF EUROPE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     175

10.4       ASIA PACIFIC    176

10.4.1    ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS              176

10.4.2    ASIA PACIFIC: RECESSION IMPACT        177

10.4.3    ASIA PACIFIC: REGULATORY LANDSCAPE          177

FIGURE 32         ASIA PACIFIC: MARKET SNAPSHOT       178

TABLE 169         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION) 178

TABLE 170         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION) 179

TABLE 171         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)      179

TABLE 172         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)      179

TABLE 173         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)      179

TABLE 174         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)      180

TABLE 175         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)            180

TABLE 176         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)            180

TABLE 177         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)        181

TABLE 178         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)        181

TABLE 179         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)        181

TABLE 180         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)        182

TABLE 181         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2017–2022 (USD MILLION)            182

TABLE 182         ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)            182

10.4.4    AUSTRALIA       183

10.4.4.1 Need to safeguard data, websites, and mobile applications and focus of Australian TPB to enhance its online portal with MFA to drive market       183

TABLE 183         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     183

TABLE 184         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     183

TABLE 185         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           184

TABLE 186         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           184

TABLE 187         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            184

TABLE 188         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            184

TABLE 189         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 185

TABLE 190         AUSTRALIA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 185

10.4.5    INDIA   186

10.4.5.1 Personal Data Protection Act to strengthen data privacy across all FIs to drive demand for MFA 186

TABLE 191         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     186

TABLE 192         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     186

TABLE 193         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           187

TABLE 194         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           187

TABLE 195         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            187

TABLE 196         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            187

TABLE 197         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         188

TABLE 198         INDIA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         188

10.4.6    CHINA  189

10.4.6.1 Surge in mobile commerce and digital payment platforms to drive growth of MFA              189

TABLE 199         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     189

TABLE 200         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     189

TABLE 201         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           190

TABLE 202         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           190

TABLE 203         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            190

TABLE 204         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            190

TABLE 205         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         191

TABLE 206         CHINA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         191

10.4.7    JAPAN  192

10.4.7.1 Strong technological base and focus on data protection and government support to drive market    192

TABLE 207         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     192

TABLE 208         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     192

TABLE 209         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           193

TABLE 210         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           193

TABLE 211         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            193

TABLE 212         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            193

TABLE 213         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         194

TABLE 214         JAPAN: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         194

10.4.8    REST OF ASIA PACIFIC  195

TABLE 215         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          195

TABLE 216         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          195

TABLE 217         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)  196

TABLE 218         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)  196

TABLE 219         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)   196

TABLE 220         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)   196

TABLE 221         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)     197

TABLE 222         REST OF ASIA PACIFIC: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     197

10.5       MIDDLE EAST & AFRICA             198

10.5.1    MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS            198

10.5.2    MIDDLE EAST & AFRICA: RECESSION IMPACT   199

10.5.3    MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE     199

TABLE 223         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          199

TABLE 224         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          199

TABLE 225         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)  200

TABLE 226         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)  200

TABLE 227         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)   200

TABLE 228         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)   200

TABLE 229         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)              201

TABLE 230         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)              201

TABLE 231         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)              201

TABLE 232         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)              202

TABLE 233         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)     202

TABLE 234         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     203

TABLE 235         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2017–2022 (USD MILLION)         203

TABLE 236         MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         203

10.5.4    UAE      204

10.5.4.1 Need to adopt modern low-friction authentication techniques to safeguard mixed workforces to drive market 204

TABLE 237         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     204

TABLE 238         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     205

TABLE 239         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           205

TABLE 240         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           205

TABLE 241         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)             205

TABLE 242         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)             206

TABLE 243         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         206

TABLE 244         UAE: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         207

10.5.5    KSA       207

10.5.5.1 Need to secure digital identities to fuel adoption of MFA solutions          207

TABLE 245         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     208

TABLE 246         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     208

TABLE 247         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           208

TABLE 248         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           208

TABLE 249         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)             209

TABLE 250         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)             209

TABLE 251         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)         209

TABLE 252         KSA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)         210

10.5.6    REST OF MIDDLE EAST & AFRICA           210

TABLE 253         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          211

TABLE 254         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          211

TABLE 255         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)              211

TABLE 256         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)              211

TABLE 257         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)              212

TABLE 258         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)              212

TABLE 259         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)          212

TABLE 260         REST OF MIDDLE EAST & AFRICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)          213

10.6       LATIN AMERICA             213

10.6.1    LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET DRIVERS            214

10.6.2    LATIN AMERICA: RECESSION IMPACT   214

10.6.3    LATIN AMERICA: REGULATORY LANDSCAPE    214

TABLE 261        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION) 215

TABLE 262        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION) 215

TABLE 263        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)      215

TABLE 264        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)      215

TABLE 265        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)      216

TABLE 266        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)      216

TABLE 267        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)            216

TABLE 268        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY TWO-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)            217

TABLE 269        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2017–2022 (USD MILLION)        217

TABLE 270        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY THREE-FACTOR AUTHENTICATION, 2023–2028 (USD MILLION)        217

TABLE 271        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)        218

TABLE 272        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)        218

TABLE 273        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2017–2022 (USD MILLION)            219

TABLE 274        LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)            219

10.6.4    BRAZIL 219

10.6.4.1 Rising adoption of digital penetration and social media to propel market 219

TABLE 275         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     220

TABLE 276         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     220

TABLE 277         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           220

TABLE 278         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           220

TABLE 279         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            221

TABLE 280         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            221

TABLE 281         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 221

TABLE 282         BRAZIL: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 222

10.6.5    MEXICO             222

10.6.5.1 Rising social media and digital penetration to fuel demand for MFA solutions              222

TABLE 283         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)     222

TABLE 284         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)     223

TABLE 285         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)           223

TABLE 286         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)           223

TABLE 287         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)            223

TABLE 288         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)            224

TABLE 289         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION) 224

TABLE 290         MEXICO: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 225

10.6.6    REST OF LATIN AMERICA          225

TABLE 291         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2017–2022 (USD MILLION)          225

TABLE 292         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY AUTHENTICATION TYPE, 2023–2028 (USD MILLION)          226

TABLE 293         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2017–2022 (USD MILLION)  226

TABLE 294         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY COMPONENT, 2023–2028 (USD MILLION)  226

TABLE 295         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2017–2022 (USD MILLION)   226

TABLE 296         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY MODEL TYPE, 2023–2028 (USD MILLION)   227

TABLE 297         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2017–2022 (USD MILLION)     227

TABLE 298         REST OF LATIN AMERICA: MULTI-FACTOR AUTHENTICATION MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     228

11          COMPETITIVE LANDSCAPE       229

11.1       OVERVIEW        229

11.2       REVENUE ANALYSIS OF LEADING PLAYERS       229

11.3       MARKET SHARE ANALYSIS         229

FIGURE 33         MARKET SHARE ANALYSIS, 2022             230

TABLE 299         INTENSITY OF COMPETITIVE RIVALRY 230

11.4       HISTORICAL REVENUE ANALYSIS          231

FIGURE 34         REVENUE ANALYSIS FOR KEY PLAYERS, 2020–2022 (USD BILLION)           231

11.5       MARKET RANKING OF KEY PLAYERS     231

FIGURE 35         RANKING OF KEY PLAYERS       231

11.6       COMPANY EVALUATION MATRIX FOR KEY PLAYERS     232

11.6.1    DEFINITION AND METHODOLOGY       232

11.6.2    STARS  232

11.6.3    EMERGING LEADERS    232

11.6.4    PERVASIVE PLAYERS     232

11.6.5    PARTICIPANTS 232

11.7       COMPETITIVE BENCHMARKING FOR KEY PLAYERS       233

11.7.1    OVERALL COMPANY FOOTPRINT          233

FIGURE 36         COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023              234

11.8       COMPANY EVALUATION MATRIX FOR STARTUPS/SMES             235

TABLE 300         LIST OF STARTUPS/SMES          235

11.8.1    DEFINITION AND METHODOLOGY       235

11.8.2    PROGRESSIVE COMPANIES       235

11.8.3    RESPONSIVE COMPANIES          235

11.8.4    DYNAMIC COMPANIES 235

11.8.5    STARTING BLOCKS       235

FIGURE 37         COMPANY EVALUATION MATRIX FOR STARTUPS/SMES, 2023              236

11.9       GLOBAL SNAPSHOTS OF KEY MARKET PLAYERS AND THEIR HEADQUARTERS           237

FIGURE 38         REGIONAL SNAPSHOT 237

11.10     VALUATION AND FINANCIAL METRICS OF VENDORS    237

FIGURE 39         VALUATION AND FINANCIAL METRICS OF MULTI-FACTOR AUTHENTICATION VENDORS  237

11.11     COMPETITIVE SCENARIO          238

TABLE 301         MULTI-FACTOR AUTHENTICATION MARKET: PRODUCT LAUNCHES, 2021–2023   238

TABLE 302         MULTI-FACTOR AUTHENTICATION MARKET: DEALS, 2021–2023      239

12          COMPANY PROFILES    244

(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *

12.1       KEY PLAYERS   244

12.1.1    MICROSOFT      244

TABLE 303         MICROSOFT: COMPANY OVERVIEW      244

FIGURE 40         MICROSOFT: COMPANY SNAPSHOT      245

TABLE 304         MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED              245

TABLE 305         MICROSOFT: PRODUCT LAUNCHES      246

TABLE 306         MICROSOFT: DEALS      246

12.1.2    THALES GROUP             249

TABLE 307         THALES GROUP: COMPANY OVERVIEW 249

FIGURE 41         THALES GROUP: COMPANY SNAPSHOT             250

TABLE 308         THALES GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              250

TABLE 309         THALES GROUP: PRODUCT LAUNCHES 251

TABLE 310         THALES GROUP: DEALS             252

12.1.3    OKTA   254

TABLE 311         OKTA: COMPANY OVERVIEW    254

FIGURE 42         OKTA: COMPANY SNAPSHOT   255

TABLE 312         OKTA: PRODUCTS/SOLUTIONS/SERVICES OFFERED     255

TABLE 313         OKTA: PRODUCT LAUNCHES    256

TABLE 314         OKTA: DEALS   256

12.1.4    BROADCOM      258

TABLE 315         BROADCOM: COMPANY OVERVIEW      258

FIGURE 43         BROADCOM: COMPANY SNAPSHOT      259

TABLE 316         BROADCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED              259

TABLE 317         BROADCOM: DEALS      260

12.1.5    ONESPAN          261

TABLE 318         ONESPAN: COMPANY OVERVIEW           261

FIGURE 44         ONESPAN: COMPANY SNAPSHOT          262

TABLE 319         ONESPAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED              262

TABLE 320         ONESPAN: PRODUCT LAUNCHES          263

TABLE 321         ONESPAN: DEALS          263

12.1.6    MICRO FOCUS  265

TABLE 322         MICRO FOCUS: COMPANY OVERVIEW  265

TABLE 323         MICRO FOCUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              265

TABLE 324         MICRO FOCUS: DEALS  266

12.1.7    HID GLOBAL    267

TABLE 325         HID GLOBAL: COMPANY OVERVIEW     267

TABLE 326         HID GLOBAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED              267

TABLE 327         HID GLOBAL: PRODUCT LAUNCHES     268

TABLE 328         HID GLOBAL: DEALS    268

12.1.8    CISCO   269

TABLE 329         CISCO: COMPANY OVERVIEW   269

FIGURE 45         CISCO: COMPANY SNAPSHOT   270

TABLE 330         CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 331         CISCO: PRODUCT LAUNCHES   271

TABLE 332         CISCO: DEALS  271

12.1.9    PING IDENTITY              272

TABLE 333         PING IDENTITY: COMPANY OVERVIEW 272

TABLE 334         PING IDENTITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED              272

TABLE 335         PING IDENTITY: PRODUCT LAUNCHES 273

TABLE 336         PING IDENTITY: DEALS 273

12.1.10  RSA SECURITY  274

TABLE 337         RSA SECURITY: COMPANY OVERVIEW  274

TABLE 338         RSA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED              274

TABLE 339         RSA SECURITY: DEALS  275

12.1.11  ESET     276

12.1.12  YUBICO              277

12.1.13  FORGEROCK    278

12.1.14  CYBERARK        279

12.1.15  ONELOGIN       280

12.1.16  SECUREAUTH  281

12.1.17  ORACLE             282

12.1.18  SALESFORCE    283

12.2       OTHER KEY PLAYERS    284

12.2.1    SECRET DOUBLE OCTOPUS      284

12.2.2    SILVERFORT     285

12.2.3    TRUSONA          286

12.2.4    FUSIONAUTH   287

12.2.5    HYPR    288

12.2.6    KEYLESS            289

12.2.7    LUXCHAIN        289

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

13          ADJACENT MARKETS    290

13.1       INTRODUCTION TO ADJACENT MARKETS        290

TABLE 340         ADJACENT MARKETS AND FORECASTS 290

13.2       LIMITATIONS   290

13.3       ADJACENT MARKETS    290

13.3.1    IDENTITY AND ACCESS MANAGEMENT MARKET           290

TABLE 341         IDENTITY AND ACCESS MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)   290

TABLE 342         IDENTITY AND ACCESS MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION)   291

TABLE 343         IDENTITY AND ACCESS MANAGEMENT MARKET, BY SOLUTION, 2017–2022 (USD MILLION)  291

TABLE 344         IDENTITY AND ACCESS MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION)  291

13.3.2    DIGITAL IDENTITY SOLUTIONS MARKET          292

TABLE 345         DIGITAL IDENTITY SOLUTIONS MARKET, BY OFFERING, 2017–2022 (USD MILLION)     292

TABLE 346         DIGITAL IDENTITY SOLUTIONS MARKET, BY OFFERING, 2023–2028 (USD MILLION)     292

TABLE 347         DIGITAL IDENTITY SOLUTIONS MARKET, BY SOLUTION TYPE, 2017–2022 (USD MILLION)          292

TABLE 348         DIGITAL IDENTITY SOLUTIONS MARKET, BY SOLUTION TYPE, 2023–2028 (USD MILLION)          292

14          APPENDIX         293

14.1       DISCUSSION GUIDE      293

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             296

14.3       CUSTOMIZATION OPTIONS      298

14.4       RELATED REPORTS       298

14.5       AUTHOR DETAILS         299


    주문/문의폼

    • 리포트 제목은 자동으로 입력됩니다.

    • *항목은 필수항목입니다.

    의뢰분류*

    성함*

    회사명*

    부서명

    이메일*

    전화번호

    저희 사이트를 알게 된 경로를 가르쳐 주세요.

    문의 내용*

     

    ※개인정보보호정책은여기에서 확인 가능합니다。

    Email 문의도 받고 있습니다.
    아래 주소이며 죄송하지만 "(at)"을 "@"로 바꾸어 보내주시길 부탁드립니다.
    mooneui(at)chosareport-korea.com