Multi-factor authentication is an emerging category of the identity access management that involves use of multiple methods of authentication to verify a user’s identity. Authentication of user identity ensures secure online transactions, log on to online services, and access to corporate resources. Compromised credentials are the main cause of data breaches. Multi-factor authentication is used by organizations to implement an additional layer of security that requires users to authenticate via knowledge, possession, and inherence factors to gain access to corporate and social networks.
Scope of the Report:
This report studies the Multi-factor Authentication market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Multi-factor Authentication market by product type and applications/end industries.
There is an increasing concern about data privacy across the globe. Numerous countries have introduced countermeasures by formulating regulations like HIPAA for the healthcare sector and the Gramm-Leach-Bliley Act (GLBA), Basel II, PCI DSS, and SOX for the BFSI sector. These regulations offer complete guidelines related to end-user authentication that are essential before granting users access to confidential data. Organizations need to comply with the regulations specific to their regions and the non-compliance with rules can invite penalties. The stringency of the regulatory requirements for data security will contribute to the market’s gr ...
Table of Contents
1 Multi-factor Authentication Market Overview
1.1 Product Overview and Scope of Multi-factor Authentication
1.2 Classification of Multi-factor Authentication by Types
1.2.1 Global Multi-factor Authentication Revenue Comparison by Types (2017-2023)
1.2.2 Global Multi-factor Authentication Revenue Market Share by Types in 2017
1.2.3 Multi-factor authentication products
1.2.4 Multi-factor authentication services
1.3 Global Multi-factor Authentication Market by Application
1.3.1 Global Multi-factor Authentication Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Hardware OTP token
1.3.3 Phone-based authentication
1.3.4 Smart Card-based authentication
1.4 Global Multi-factor Authentication Market by Regions
1.4.1 Global Multi-factor Authentication Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Mul ...