The study provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability.
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Multi-factor market authentication (MFA) is a method of identifying user’s identity which involves multiple methods. These methods guarantees secure online transactions, logging in to online services and access to corporate resources. and Mostly deployed by organizations to execute an additional level of security that needs users to authenticate via Knowledge, wealth and inherence factors to achieve access to corporate and social networks.
Market Trend
Government, BFSI are adopting MAF module to secure their data, files and information and Implementation of a Two-factor MAF process ensures reducing the number of cases of authentication/identity theft using phishing, internet, and others.
Market Drivers
Propelling cyber attacks is expected to increase demands of MAF models , Data privacy and Cashless payments in the country resulting in implementation of e-government strategies.
Opportunities
Advancement in biometric technologies , Increased use of Hardware and Software applications and Cloud- based authentication services
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The Players Covered in the Study are:
Morpho (France)
Gemalto (Netherlands)
NEC (Japan)
Entrust Inc. (US)
CA Technologies (US)
Fujitsu (Japan)
VASCO Data Security (US)
HID Global (US)
RSA Security (US)
Symantec Corporation (US)
SecurEnvoy ltd (England)
Crossmatch (US)
Duo Secuirty (US)
Deepnet Security (England)
CensorNet Ltd. (England)
Regulatory Framework:
Many countries have introduced and implemented regulations such as: , HIPAA (Health Insurance portability and Accountability Act, 1996) by United States that provides data privacy and security for safeguarding medical information. and GLBA (Gramm-Leach-Bliley Act, 1999) act that requires financial institutions to brief that how they share and protect customer’s private information.
Available Customization:
List of players that can be included in the study on immediate basis are Safran S.A (France) , Suprema HQ Inc. (South Korea) and 3M Company (United States).
Key Points Covered in Multi-Factor Authentication Market Report:
Global Multi-Factor Authentication Overview, Definition and Classification
Market drivers and barriers
Global Multi-Factor Authentication Market Competition by Manufacturers
Global Multi-Factor Authentication Capacity, Production, Revenue (Value) by Region (2018-2023)
Global Multi-Factor Authentication Supply (Production), Consumption, Export, Import by Region (2018-2023)
Global Multi-Factor Authentication Production, Revenue (Value), Price Trend by Type
Global Multi-Factor Authentication Market Analysis by Application
Global Multi-Factor Authentication Manufacturers Profiles/Analysis
Multi-Factor Authentication Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Standardization, regulatory and collaborative initiatives
Industry roadmap and value chain
Market Effect Factors Analysis ????..
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Market forecasts are provided for each of the following submarkets, product-type and by application/end-user categories:
The highest & slowest growing market segments are outlined in the study to provide valuable insights of each core element of the market. New market players are beginning to emerge and are accelerating their transition in Multi-Factor Authentication Market. Merger and acquisition activity forecast to change market landscape of this industry.
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The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report
Research Methodology: The Multi-Factor Authentication market has been analyzed by utilizing the optimum mix of secondary sources and benchmark methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study.
What’s in the offering: The report provides detailed information about the usage and adoption of Multi-Factor Authentication in various applications, types and regions/country. With that, key stakeholders can find out the major trends, drivers, investments, vertical player’s initiatives, government initiatives toward the product adoption in the following years, along with the details of commercial products available in the market. Moreover, the study provides details about the major challenges that are going to have an impact on the market growth. Additionally, the report gives complete details about the business opportunities to key stakeholders to expand their business and capture revenues in the specific verticals. The report will help companies interested or established in this market to analyze the various aspects of this domain before investing or expanding their business in the Multi-Factor Authentication market.
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