Multi-Factor Authentication Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component, Authentication Type, Model Type, and End User and Geography

List of Tables

The multi-factor authentication market size is expected US$ 14.44 billion in 2023 and is projected to reach US$ 55.04 billion by 2031; it is estimated to record a CAGR of 18.2% from 2023 to 2031.

The scope of the multi-factor authentication market report covers North America, Europe, Asia Pacific, Middle East and Africa, South and Central America. Asia Pacific is expected to witness a significant growth in market. The Asia Pacific multi-factor authentication market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In terms of revenue, China dominated the APAC multi-factor authentication market share followed by Japan and South Korea.

The COVID-19 pandemic accelerated digitalization and digital service delivery across the world, as well as in China. The pandemic highlighted the suitability of different work models for businesses, thereby adding to their popularity. The digital model has become increasingly popular among customers and businesses of all sizes. This sudden rise in digital activity led to a huge growth in Internet traffic in China, generating an unprecedented demand for multi-factor authentication to tackle security risks. Moreover, the rapid adoption of collaboration and network security tools during the pandemic resulted in the increased use of multi-factor authentication (MFA) to ensure protected access to resources. In China, the number of cyberattacks and their severity has surged in recent years. According to AAG, the country recorded 14.15 million account breaches from the Q2 to the Q3 of 2022. Such breaches underline the necessity of multi-factor authentication solutions in China.

Japan has been a major target for cybercriminals. According to AAG, the country experienced a 40% increase in cyber-attacks in May 2021 compared to previous months that year. Further, it reported 1.24 million account breaches in the Q2 and Q3 of 2022. According to VPNNippon, nearly 42% of internet users in Japan have experienced at least one form of cybercrime. Furthermore, Japanese police recorded 887 cases of suspected cybercrimes related to COVID-19 in 2020. As per the National Police Agency, the count of cybercrime cases uncovered by the Japanese police reached 12,369 in 2022. The agency further stated that the number of ransomware attacks aimed at businesses soared 57.5% to 230 cases in 2022 from 2021 across 37 of Japan's 47 prefectures, which can be associated with the increase in people working remotely due to the COVID-19 pandemic

Based on authentication type, the multi-factor authentication market is bifurcated into password-based authentication and password less authentication. The password-based authentication segment is estimated to hold largest multi-factor authentication market share by 2031. Password authentication continues to play a crucial role in the multi-factor authentication market as one of the primary factors for user identity verification. While MFA solutions often incorporate additional factors such as biometrics, SMS codes, or hardware tokens, passwords remain a fundamental component due to their familiarity and ease of implementation across various systems and platforms. Additionally, password-based authentication can be augmented with other factors to enhance security and provide a layered defense against unauthorized access. As the MFA market evolves, there is a growing emphasis on combining multiple authentication factors seamlessly to balance security and user experience.

Microsoft; Thales.; Okta; OneSpan; HID Global Corporation; Cisco Systems, Inc.; Ping Identity.; RSA Security; CyberArk Software Ltd. are among the key players profiled in the multi-factor authentication market report. The multi-factor authentication market report also provides detailed market insights, which help the key players strategize their growth. The multi-factor authentication market forecast can help stakeholders in this marketplace plan their growth strategies.

The overall multi-factor authentication market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the multi-factor authentication market analysis. The report includes growth prospects in light of current multi-factor authentication market trends and driving factors influencing the market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the multi-factor authentication market.

Product Code: TIPRE00003188

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Multi-Factor Authentication Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Hardware and Software Providers:
- 4.3.2 Regulatory Compliance and Certification Bodies:
- 4.3.3 Service Providers and System Integrators:
- 4.3.4 End-Users:
- 4.3.5 List of Vendors in the Value Chain

5. Multi-Factor Authentication Market - Key Market Dynamics

5.1 Multi-Factor Authentication Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Number of Cyberattacks
- 5.2.2 Rising Adoption of BYOD Trend
- 5.2.3 Stringent Government Regulations
5.3 Market Restraints
- 5.3.1 High Initial Cost
5.4 Market Opportunities
- 5.4.1 Rising Adoption of AI-based MFA
- 5.4.2 Increasing Volume of Online Transactions
5.5 Trends
- 5.5.1 Emergence of Risk-based Authentication
5.6 Impact of Drivers and Restraints:

6. Multi-Factor Authentication Market - Global Market Analysis

6.1 Multi-Factor Authentication Market Revenue (US$ Million), 2023-2031
6.2 Multi-Factor Authentication Market Forecast Analysis

7. Multi-Factor Authentication Market Analysis - by Component

7.1 Software
- 7.1.1 Overview
- 7.1.2 Software: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Hardware
- 7.2.1 Overview
- 7.2.2 Hardware: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Services
- 7.3.1 Overview
- 7.3.2 Services: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)

8. Multi-Factor Authentication Market Analysis - by Authentication Type

8.1 Password-based Authentication
- 8.1.1 Overview
- 8.1.2 Password-based Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Passwordless Authentication
- 8.2.1 Overview
- 8.2.2 Passwordless Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)

9. Multi-Factor Authentication Market Analysis - by Model Type

9.1 Two-factor Authentication
- 9.1.1 Overview
- 9.1.2 Two-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Three-factor Authentication
- 9.2.1 Overview
- 9.2.2 Three-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Four-factor Authentication
- 9.3.1 Overview
- 9.3.2 Four-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Five-factor Authentication
- 9.4.1 Overview
- 9.4.2 Five-factor Authentication: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)

10. Multi-Factor Authentication Market Analysis - by End User

10.1 IT and Telecom
- 10.1.1 Overview
- 10.1.2 IT and Telecom: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
- 10.2.1 Overview
- 10.2.2 BFSI: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Education
- 10.3.1 Overview
- 10.3.2 Education: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Government
- 10.4.1 Overview
- 10.4.2 Government: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Healthcare
- 10.5.1 Overview
- 10.5.2 Healthcare: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)

11. Multi-Factor Authentication Market - Geographical Analysis

11.1 Overview
11.2 North America
- 11.2.1 North America Multi-Factor Authentication Market Overview
- 11.2.2 North America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
- 11.2.3 North America: Multi-Factor Authentication Market Breakdown, by Component
  - 11.2.3.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
- 11.2.4 North America: Multi-Factor Authentication Market Breakdown, by Authentication Type
  - 11.2.4.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
- 11.2.5 North America: Multi-Factor Authentication Market Breakdown, by Model Type
  - 11.2.5.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
- 11.2.6 North America: Multi-Factor Authentication Market Breakdown, by End User
  - 11.2.6.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
- 11.2.7 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.2.7.1 North America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.2.7.2 United States: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.2.7.2.1 United States: Multi-Factor Authentication Market Breakdown, by Component
    - 11.2.7.2.2 United States: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.2.7.2.3 United States: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.2.7.2.4 United States: Multi-Factor Authentication Market Breakdown, by End User
  - 11.2.7.3 Canada: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.2.7.3.1 Canada: Multi-Factor Authentication Market Breakdown, by Component
    - 11.2.7.3.2 Canada: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.2.7.3.3 Canada: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.2.7.3.4 Canada: Multi-Factor Authentication Market Breakdown, by End User
  - 11.2.7.4 Mexico: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.2.7.4.1 Mexico: Multi-Factor Authentication Market Breakdown, by Component
    - 11.2.7.4.2 Mexico: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.2.7.4.3 Mexico: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.2.7.4.4 Mexico: Multi-Factor Authentication Market Breakdown, by End User
11.3 Europe
- 11.3.1 Europe Multi-Factor Authentication Market Overview
- 11.3.2 Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
- 11.3.3 Europe: Multi-Factor Authentication Market Breakdown, by Component
  - 11.3.3.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
- 11.3.4 Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
  - 11.3.4.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
- 11.3.5 Europe: Multi-Factor Authentication Market Breakdown, by Model Type
  - 11.3.5.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
- 11.3.6 Europe: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.6.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
- 11.3.7 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.3.7.1 Europe: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.3.7.2 United Kingdom: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.2.1 United Kingdom: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.2.2 United Kingdom: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.2.3 United Kingdom: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.2.4 United Kingdom: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.7.3 Germany: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.3.1 Germany: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.3.2 Germany: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.3.3 Germany: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.3.4 Germany: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.7.4 France: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.4.1 France: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.4.2 France: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.4.3 France: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.4.4 France: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.7.5 Italy: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.5.1 Italy: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.5.2 Italy: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.5.3 Italy: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.5.4 Italy: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.7.6 Russia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.6.1 Russia: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.6.2 Russia: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.6.3 Russia: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.6.4 Russia: Multi-Factor Authentication Market Breakdown, by End User
  - 11.3.7.7 Rest of Europe: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.3.7.7.1 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Component
    - 11.3.7.7.2 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.3.7.7.3 Rest of Europe: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.3.7.7.4 Rest of Europe: Multi-Factor Authentication Market Breakdown, by End User
11.4 Asia Pacific
- 11.4.1 Asia Pacific Multi-Factor Authentication Market Overview
- 11.4.2 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
- 11.4.3 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
  - 11.4.3.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
- 11.4.4 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
  - 11.4.4.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
- 11.4.5 Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
  - 11.4.5.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
- 11.4.6 Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.6.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
- 11.4.7 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.4.7.1 Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.4.7.2 China: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.2.1 China: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.2.2 China: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.2.3 China: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.2.4 China: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.7.3 Japan: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.3.1 Japan: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.3.2 Japan: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.3.3 Japan: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.3.4 Japan: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.7.4 South Korea: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.4.1 South Korea: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.4.2 South Korea: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.4.3 South Korea: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.4.4 South Korea: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.7.5 India: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.5.1 India: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.5.2 India: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.5.3 India: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.5.4 India: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.7.6 Australia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.6.1 Australia: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.6.2 Australia: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.6.3 Australia: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.6.4 Australia: Multi-Factor Authentication Market Breakdown, by End User
  - 11.4.7.7 Rest of Asia Pacific: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.4.7.7.1 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Component
    - 11.4.7.7.2 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.4.7.7.3 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.4.7.7.4 Rest of Asia Pacific: Multi-Factor Authentication Market Breakdown, by End User
11.5 Middle East and Africa
- 11.5.1 Middle East and Africa Multi-Factor Authentication Market Overview
- 11.5.2 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
- 11.5.3 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
  - 11.5.3.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
- 11.5.4 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
  - 11.5.4.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
- 11.5.5 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
  - 11.5.5.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
- 11.5.6 Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
  - 11.5.6.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
- 11.5.7 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.5.7.1 Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.5.7.2 United Arab Emirates: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.5.7.2.1 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Component
    - 11.5.7.2.2 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.5.7.2.3 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.5.7.2.4 United Arab Emirates: Multi-Factor Authentication Market Breakdown, by End User
  - 11.5.7.3 Saudi Arabia: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.5.7.3.1 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Component
    - 11.5.7.3.2 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.5.7.3.3 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.5.7.3.4 Saudi Arabia: Multi-Factor Authentication Market Breakdown, by End User
  - 11.5.7.4 South Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.5.7.4.1 South Africa: Multi-Factor Authentication Market Breakdown, by Component
    - 11.5.7.4.2 South Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.5.7.4.3 South Africa: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.5.7.4.4 South Africa: Multi-Factor Authentication Market Breakdown, by End User
  - 11.5.7.5 Rest of Middle East and Africa: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.5.7.5.1 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Component
    - 11.5.7.5.2 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.5.7.5.3 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.5.7.5.4 Rest of Middle East and Africa: Multi-Factor Authentication Market Breakdown, by End User
11.6 South and Central America
- 11.6.1 South and Central America Multi-Factor Authentication Market Overview
- 11.6.2 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
- 11.6.3 South and Central America: Multi-Factor Authentication Market Breakdown, by Component
  - 11.6.3.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Component
- 11.6.4 South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
  - 11.6.4.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Authentication Type
- 11.6.5 South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
  - 11.6.5.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Model Type
- 11.6.6 South and Central America: Multi-Factor Authentication Market Breakdown, by End User
  - 11.6.6.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by End User
- 11.6.7 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.6.7.1 South and Central America: Multi-Factor Authentication Market - Revenue and Forecast Analysis - by Country
  - 11.6.7.2 Brazil: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.6.7.2.1 Brazil: Multi-Factor Authentication Market Breakdown, by Component
    - 11.6.7.2.2 Brazil: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.6.7.2.3 Brazil: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.6.7.2.4 Brazil: Multi-Factor Authentication Market Breakdown, by End User
  - 11.6.7.3 Argentina: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.6.7.3.1 Argentina: Multi-Factor Authentication Market Breakdown, by Component
    - 11.6.7.3.2 Argentina: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.6.7.3.3 Argentina: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.6.7.3.4 Argentina: Multi-Factor Authentication Market Breakdown, by End User
  - 11.6.7.4 Rest of South and Central America: Multi-Factor Authentication Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.6.7.4.1 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Component
    - 11.6.7.4.2 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Authentication Type
    - 11.6.7.4.3 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by Model Type
    - 11.6.7.4.4 Rest of South and Central America: Multi-Factor Authentication Market Breakdown, by End User

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 New Product Development

14. Company Profiles

14.1 OneSpan Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Entrust Corp
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 CyberArk Software Ltd.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 RSA Security LLC
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Microsoft Corp
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Ping Identity
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Thales SA
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 HID Global Corp
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Cisco Systems Inc
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Okta Inc
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners