According to a new market research report published by sheer analytics and insights, “The multifactor authentication market was valued at USD 6.10 Billion in 2017 and is expected to reach USD 23.38 Billion by 2026 growing at a high compound annual growth rate (CAGR) of 16.10% from 2018 to 2026. With the rise in internet penetration and decreasing cost of internet connection, e-commerce market is increasing at a significant rate owing to which the demand for multifactor authentication is expected to propel during the projected period. In addition, rise in the adoption of IoT and BYOD in corporate organizations coupled with the rising incidence of data-loss due to theft and unsuitable mode of data transmission and collection are further estimated to create significant demand for the multifactor authentication market during the forecast period. Government across the developing nations are further modifying their public-record infrastructures and are implementing stringent rules to organize the demographic data. This is further expected to boost the global multifactor authentication industry during the forecasted period.
Multifactor Authentication Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2026. This latest industry research study analyzes the Multifactor Authentication Market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
Browse the Full report on Global Multifactor Authentication Market report at https://www.sheeranalyticsandinsights.com/market-report-research/global-multi-factor-authentication-market-report-21
The report titled “Multifactor Authentication Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast 2020 – 2026″ offers a holistic view of the Multifactor Authentication Marker industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Multifactor Authentication Market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Global Multifactor Authentication Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
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Key Questions Answered by Multifactor Authentication Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
List of Companies Covered:
- CA Technologies,
- Duo Security,
- HID Global Corporation,
- Microsoft Corporation,
- NEC Corporation,
- SecureAuth Corporation,
- Symantec Corporation and
Global Multifactor Authentication Market Has Been Segmented Into:
By Authentication Type
- Government Authorities
- IT & Communication
By Geography Type
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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